Bitcoin remains the most influential cryptocurrency, but over 7,000 cryptocurrencies and other digital assets exist.
Ethereum is leading what is known as Altcoins, and it is the second-largest cryptocurrency by market capitalization. Bitcoin and Ethereum both suffer from excessive network fees and scaling problems, and the third generation of cryptocurrencies is where the most significant potential emerges. They incorporate fixes to existing issues and continue to gain market share in one of the most competitive sectors. Adoption gathers pace, but global regulators pose a threat and challenge to all assets in this class. Binance Coin, owned by cryptocurrency exchange Binance, stablecoin Tether, Cardano, Polkadot, XRP, Uniswap, and Litecoin are some of the more prominent cryptocurrencies to monitor. There are dozens of other exciting projects, from privacy coin Monero to rising star Dogecoin, Tron, Cosmos, Neo, BAT, and QTUM. Rather than trying to be everything to everyone, like Bitcoin and Ethereum, third-generation cryptocurrencies address specific challenges and offer a real-world application today. The growth of decentralized apps or dApps and non-fungible tokens (NFPs) add another layer of in-demand solutions to existing issues, making crypto excluding Bitcoin an attractive but volatile sector with tremendous potential for investors and traders alike
Most Recent
.jpeg)
Cardano has done very little during the trading session on Thursday as we continue to see a general malaise in the crypto markets.
AVAX/USD remains in the lower depths of its long term price range, and hopes of a strong reversal higher appear diminished for the near term.
Solana did very little on Wednesday, which is a bit impressive considering just how negative it has been previously.
Top Forex Brokers
Litecoin threatened the $60 level on Wednesday as it looks like we are ready to break down again.
DOT/USD is trading above the 9.0800 mark as of this writing.
BNB/USD is trading near the 287.0000 mark as of this morning, on the 6th of June Binance climbed to a high of nearly 312.0000.
Solana bounced a bit on Monday as value hunters came in to pick up the coin.
Ripple tried to rally again on Monday but simply cannot get off of its back.
.jpeg)
ETH/USD has experienced a strong selloff, and the broad cryptocurrency market is challenging important support levels across the spectrum.
Bonuses & Promotions
In early morning trading ETH/USD has produced a solid upwards climb and has achieved short term highs, but it remains within a skeptical trading price range.
A quick push higher has brought ADA/USD to solid short term highs, but this burst of energy has been seen before in Cardano and it has been followed by moves lower.
The Canadian dollar rallied significantly on Friday yet again, forming the eighth positive candlestick in a row on the daily chart.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.Ripple fell a bit on Friday as we continue to see a lot of negativity in the crypto markets.
Ethereum fell on Friday to reach the $1750 level.
Cardano rallied ever so slightly during the trading session on Thursday but has found the $0.60 level to be a bit too much to get above.