Atom’s on-chain metrics may be bullish, but will market conditions see eye-to-eye?
Cosmos’ native crypto, ATOM is currently trading within its May support level. This is of significance because the altcoin broke below the same level ($9.2) in the first half of June and has been struggling to reclaim this level since then. ATOM traded at $8.98 at press time after rallying by roughly 23% from its […]
ATOM: Assessing the odds of a long-term downtrend prevailing
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Bitcoin [BTC] climbed past the $20k mark, but even at the time of writing, the price dipped back to $19.9k. This highlighted how important a resistance of $20.2k-$20.8k was for BTC. Cosmos […]
Cosmos: ATOM likely to see a bounce, but how high can it reach
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The trend across the altcoin market remained extremely bearish on the lower timeframes recently. Cosmos was not an exception, as its market structure remained bearish as the price formed a series of lower highs and […]
Cosmos: As ATOM bears begin to tire out, here’s where you can go long
One week has passed since ATOM broke through its support line, in favor of more downside. It has since then dipped by roughly 13% from the $13 price level to its new bottom range at $20. ATOM achieved its current 2022 low on Tuesday and it happens to be the cryptocurrency’s lowest price since September […]
New upgrade for ATOM means all this for altcoin’s price
Cosmos blockchain network just rolled out an important upgrade called Gaia v7.0.0 which will enable interchain accounts. Meanwhile, its native cryptocurrency ATOM recorded a slight uptick during Tuesday’s trading session. Ergo, the question – Did this have something to do with ATOM’s latest price action? ATOM has been on a southbound trajectory since peaking at […]
Altcoin Roundup: JunoSwap, Solidly and VVS Finance give DeFi a much-needed refresh
DeFi is undergoing a revival and this time, it’s happening on Ethereum network competitors. Decentralized finance (DeFi) was the talk of the town in early 2021, but it has since taken a back seat to more appealing sectors like nonfungible tokens (NFTs), memecoins and blockchain gaming. Now that cross-chain bridges and interoperability have allowed for the easier migration of assets to competing chains, a new class of DeFi protocols is arising to challenge those left from 2021
Top Analyst Says Two Ethereum Rivals Are Showing Strength, Predicts Big Move for Interoperability Platform Cosmos (ATOM)
Cryptocurrency analyst Jason Pizzino is listing three altcoins that he expects to perform relatively well in March. Leading with Ethereum rival Terra (LUNA) Pizzino tells his 261,000 YouTube subscribers that the native token of the smart contract-enabled blockchain that creates stablecoins is gaining strength. Pizzino says that LUNA is currently above the 50% Fibonacci retracement […] The post Top Analyst Says Two Ethereum Rivals Are Showing Strength, Predicts Big Move for Interoperability Platf
Two Altcoin Projects Are Showing Strength Against Bitcoin As Ethereum Lags Behind, According to Analyst Michaël van de Poppe
A popular crypto trader is looking for potential winning altcoin plays as the markets grapple with a changing macroeconomic and geopolitical landscape. In a new strategy session, Michaël van de Poppe tells his 165,000 YouTube subscribers that he currently only sees two crypto projects that are holding up against the Bitcoin (BTC) trading pair. The […] The post Two Altcoin Projects Are Showing Strength Against Bitcoin As Ethereum Lags Behind, According to Analyst Michaël van de Poppe appeared fir
Layer by Layer Issue 22: Fantom, Avalanche, Terra, and Osmosis
Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding L1 teams continue to adapt to evolving user needs as crypto becomes more mainstream than ever before In order to coordinate capital and behavior between the varied participants in crypto, protocols are developing novel ways to better align incentives This week, we look at Fantom, Avalanche, Terra, and Osm
Quicksilver, a liquid staking protocol on Cosmos, spins out of Chorus One
Quicksilver is taking a middle man approach to liquid staking, one that offers certain benefits — but with lower revenue. The post Quicksilver, a liquid staking protocol on Cosmos, spins out of Chorus One appeared first on The Block.
Rune’s upcoming mainnet launch and Terra (LUNA) integration set off a 74% rally
RUNE and its entire ecosystem is showing a few bullish signs, resulting in a 74% rally ahead of a long-awaited mainnet launch and recent integration with Terra. 2021 was a roller coaster of a year for THORChain (RUNE) that saw its price top out at $20.31 only to come crashing down below $4 as a series of hacks and declining interest in decentralized finance had the token limping into 2022.Data suggests that investors could be taking a closer look at Rune and a few potentially
Evmos delays mainnet launch, increases token allocation for upcoming rektdrop
Evmos, the first IBC-compatible EVM-based chain on Cosmos, has delayed the launch of its mainnet. The post Evmos delays mainnet launch, increases token allocation for upcoming rektdrop appeared first on CryptoSlate.
Top 5 cryptocurrencies to watch this week: BTC, LUNA, AVAX, ATOM, FTM
Crypto markets are expected to remain volatile for the foreseeable future, but BTC’s battle to reclaim $40,000 could be followed with rallies from LUNA, AVAX, ATOM and FTM. The geopolitical news flow is likely to result in volatile moves in Bitcoin (BTC) and altcoins in the next few days. News of Russian President Vladimir Putin ordering the nuclear deterrence forces on high alert may be viewed as a negative, but reports of talks between the warring nations could be positive
Bitcoin Cash, Cosmos, Dash Price Analysis: 19 June
Even as the bears continued to dominate the global crypto-market, altcoins like Bitcoin Cash, ATOM, and Dash pushed back on last week’s losses. They moved within constricted price ranges and defended their support lines. A reversal in increased selling pressure along with growing market volatility could result in the coins heading north going forward. That […]
These Altcoins in the Cosmos Ecosystem Are About To Go Vertical, According to Top Trader
A notable crypto trader is spotlighting the scalable blockchain network Cosmos (ATOM), predicting that its ecosystem is about to take off. As top automated-market maker (AMM) on Cosmos, Osmosis, prepares to launch its first trading pairs this Saturday, June 19th, pseudonymous crypto analyst known in the industry as Altcoin Psycho says tokens connected to Cosmos […] The post These Altcoins in the Cosmos Ecosystem Are About To Go Vertical, According to Top Trader appeared first on The Daily Hodl.
Stability in Crypto Assets with e-Money’s Interoperable Stablecoins
Since their inception, Stablecoins have changed the way we interact with and invest in cryptocurrency assets. Recently, due to favorable market conditions and an influx of new money, Stablecoins are now being minted at a record pace and are enabling spaces in Crypto such as DeFi, trading, and investment to flourish. However, many stablecoins onRead More
Why Solana and Polkadot Have Been The Least Impacted By The Crypto Crash
Research firm Messari published a report on the performance of 5 sectors in the crypto industry after the recent crash. Written by Roberto Talamas, the report determined that smart contracts (Solana, Cosmos, Polkadot, Kusama, and others) have been amongst the least affected by this event. Relentless selling pressure caused the main cryptocurrencies to correct by […]
Today we Talk to Cosmos (ATOM) about the Vast Blockchain Ecosystems
E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading Today we Talk to Cosmos (ATOM) about the Vast Blockchain Ecosystems at E-Crypto News.
Blockchain Insurance Platform Nexus Expands Coverage to Polkadot, Binance Smart Chain, and Cosmos
The blockchain-based insurance platform Nexus Mutual has revealed that it is set to expand its coverage beyond Ethereum and other blockchain platforms. On Monday, April 26, this development was announced and represents a significant switch in focus for the insurance platform. Nexus Mutual expands to Polkadot, Cosmos, and Binance Smart Chain Nexus will be providingRead More
ELI5 Recent Crypto Concepts and Arguments: Flashbots, Rollup Wars, etc.
Quick Take This research piece contains simple to understand overviews of technical concepts, as well as explanations to recent hot button discussion topics in crypto. Topics include flashbots, arguments for different types of rollups, reasons for multi-chain deployments, flaws with algorithmic stablecoins, AMM design philosophies, etc.