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)
BNB/USD has traded lower this morning following in the steps of the other major cryptocurrencies as nervousness seemingly erupts again.
In late trading on Sunday XRP/USD slipped lower and fell through the 60 cents level, which brings important long-term support levels into view.
.jpeg)
The Ethereum market rallied pretty significantly in the sense that we are closing at the top of the range.
Top Forex Brokers
Ripple has gone back and forth during the course of the trading session on Thursday.
Ethereum has gone back and forth during the course of the trading session on Thursday to show a little bit of hesitation.
AVAX/USD was able to climb to short-term highs on Wednesday, but today’s price action has again seen selling become highlighted.
DOGE/USD staged a higher reversal yesterday, but was met again by headwinds and technical traders have important decisions to make short term.
Ethereum rallied a bit on Wednesday as we await the FOMC meeting.
The Litecoin market rallied ever so slightly on Wednesday as we are sitting in an area that looks like it is trying to form a bottoming pattern, sitting near the $110 level.
Bonuses & Promotions
Chainlink rallied a bit on Wednesday heading into the FOMC announcement, gaining over 8%.
DOT/USD has been able to create a slight reversal higher the last day of trading, but it remains within sight of important support levels which may fuel nervous sentiment.
SHIB/USD has recovered from its lowest values displayed early this weekend, and continues to attract speculators who crave its volatility and ability to deliver results.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The Monero market fell ever so slightly on Tuesday as we have started to see signs of life yet again.
The Ethereum market fell a bit on Tuesday but turned around to show signs of life again.
ADA/USD has broken through critical support levels and is testing values not demonstrated since February of 2021.