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Category: Altcoin News

Has Shiba Inu ($SHIB) Lost Its Momentum Amid Bitcoin ($BTC) ATH Surge?

Shiba Inu ($SHIB), the meme coin that has made headlines for its bullish momentum as well as resilience against Bitcoin ($BTC), seems to be succumbing to the recent bullish surge in Bitcoin price. $SHIB price broke past two immediate support and currently trading just above $0.000025 with a 4% decline over the past 24-hours. On

The post Has Shiba Inu ($SHIB) Lost Its Momentum Amid Bitcoin ($BTC) ATH Surge? appeared first on Coingape.

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Polkadot (DOT) Shoots to $45 After Governing Council Passes Motion for Open Parachain Auctions

Polkadot (DOT) continues its rally further gaining Another 6% in the last 24 hours and moving closer to $45. As of press time, DOT is trading at 4.83% up at a price of $43.57 and a market cap of $43.02 billion. The DOT price has gained more than 30% in the last three days after

The post Polkadot (DOT) Shoots to $45 After Governing Council Passes Motion for Open Parachain Auctions appeared first on Coingape.

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LINK Price Analysis: Hidden Bullish Divergence Patterns Suggest Continuation of Move Upwards

The FinTech platform YouHodler integrates with Chainlink price feed to improve auditing and reliability of the data used to trigger key backend processes such as loan issuing, liquidation of under-collateralized loans in a secure way without compromising data quality. The FinTech platform offers alternative and high-yield crypto savings accounts crypto-backed lending with fiat secured crypto

The post LINK Price Analysis: Hidden Bullish Divergence Patterns Suggest Continuation of Move Upwards appeared first on Coingape.

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Ethereum (ETH) Approaches $4000 In Multi-Week High, Mark Cuban Sees Strong Upside

The world’s second-largest cryptocurrency Ethereum (ETH) has been following the Bitcoin price action. As of press time, Ethereum (ETH) is trading 5.46% up at a price of $3,838 and a market cap of $452 billion. This is for the first time in the last six weeks that the ETH price has crossed $3,800 levels. After

The post Ethereum (ETH) Approaches $4000 In Multi-Week High, Mark Cuban Sees Strong Upside appeared first on Coingape.

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CAKE Price Analysis: Pancake Swap (CAKE) All Set for A Breakout to Upside

The Pancake Swap DEX on the Binance Smart Chain recently announced the execution of its scheduled token burn via its Twitter handle on 12 October. Its scheduled CAKE burn function results in a token burn of more than 7million CAKE tokens valued at around 132 million USD. The recent Pancake DEX token burn, though significant

The post CAKE Price Analysis: Pancake Swap (CAKE) All Set for A Breakout to Upside appeared first on Coingape.

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Ethereum Axie Infinity Price Analysis: October 15, 2021

Ethereum follows in Bitcoin’s footsteps amid a formidable quest for all-time highs at $4,400. Axie Infinity sprouts to $145 after holding support at $115, but a retracement cloud still hovers. Ethereum seems to be exhibiting a lot of positive correlation to Bitcoin as it closes the gap to $4,000. As reported, BTC has returned above

The post Ethereum Axie Infinity Price Analysis: October 15, 2021 appeared first on Coingape.

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Binance (BNB) Price Analysis: On-chain Data Shows Rise In Demand for the BNB Coin, Will BNB Outperform BTC?

Why Is Binance Coin (BNB) Price Surging? Among many reasons recent 1 billion USD fund for project development of DApps on the Binance Smart Chain [BSC] is one major catalyst fueling the BNB price.  The crypto data tracking service, Santiment spotted an increase in demand for BNB on wallets with BNB whales acquiring roughly 412K

The post Binance (BNB) Price Analysis: On-chain Data Shows Rise In Demand for the BNB Coin, Will BNB Outperform BTC? appeared first on Coingape.

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SHIB Price Analysis: Shiba Inu Price Hints Breakout of Ascending Triangle Resistance Amid Token Burning News

Amid regulatory uncertainties, India’s top crypto exchange, ZebPay, recently announced the listing of Shiba Inu’s SHIB token on its platform, following the path of Bitpanda, Coinbase Pro, and Binance. The SHIB price rose by roughly 350% from its October opening price bringing its market cap to the 18th position at press time, and quickly lives

The post SHIB Price Analysis: Shiba Inu Price Hints Breakout of Ascending Triangle Resistance Amid Token Burning News appeared first on Coingape.

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Polkadot, VeChain Price Analysis: October 14, 2021

Polkadot rallies nearly 20% to trade at $42 ahead of another upswing to all-time highs around $50. VeChain eyes $1.5, but first, the 200-day SMA barrier must come out the way. The cryptocurrency market endured a healthy pullback mid-week, whereby Bitcoin retested support at $58,000. Investors did not waver but seem to have embraced the

The post Polkadot, VeChain Price Analysis: October 14, 2021 appeared first on Coingape.

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Ethereum Price Forecast: ETH Shakeout To $3,400 Healthy Amid Growing Potential To $4,000

Ethereum regains its glory above $3,600, and investors look toward $4,000. Ether’s intraday outlook remains bullish based on the MACD and the RSI. Ethereum is back in the green in tandem with the largest cryptocurrency, Bitcoin. The former has returned t levels above $3,600 while the former currently trades above $58,000 while making headway to

The post Ethereum Price Forecast: ETH Shakeout To $3,400 Healthy Amid Growing Potential To $4,000 appeared first on Coingape.

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More People are Buying Ethereum and this On-Chain Metric Confirms the Trend

Ethereum (ETH), the world’s largest decentralized blockchain network is attracting more small-scaled to medium-sized retail buyers according to on-chain trends. Data from Glassnode analytics shows that the Ethereum number of addresses holding 32+ coins has just reached a 5-month high of 109,188, confirming an accumulation trend that peaked about a week ago. 📈 #Ethereum $ETH

The post More People are Buying Ethereum and this On-Chain Metric Confirms the Trend appeared first on Coingape.

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G20-Backed Think Tank Factors in Stablecoins and CBDCs in Solving Remittance Woes

The Financial Stability Board (FSB), a multinational Think Tank that provides policy recommendations to the G20 has highlighted the importance of stablecoins and Central Bank Digital Currencies (CBDCs) in the pursuit of a functional global remittance network. In its latest report, the body highlighted the challenges that surround cross-border payments which range from high transaction

The post G20-Backed Think Tank Factors in Stablecoins and CBDCs in Solving Remittance Woes appeared first on Coingape.

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Breaking: World’s Largest Asset Manager Sees Huge Opportunities in “Cryptocurrencies”

The CEO of the world’s largest asset manager Blackrock in a recent interview with CNBC said that he sees huge opportunities in digitized crypto blockchain currencies. During the interview, Larry Fink said, even though he doesn’t understand much about Bitcoin so can’t predict the price, but he believes that the digital currency market has huge

The post Breaking: World’s Largest Asset Manager Sees Huge Opportunities in “Cryptocurrencies” appeared first on Coingape.

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Fantom (FTM) Price Analysis: Old Resistance Turns Support with a Double Bottom Pattern on 4 Hr Chart

As the crypto market makes a steady recovery from the recent correction in total market cap, Fantom sees a meteoric surge in its DeFi and NFT marketplace adoption and moving from eight to fourth-largest blockchain by DeFi TVL-Total Value Locked. Both Fantom’s FTM token and Yearn Finance YFI have recorded good gains following the expansion

The post Fantom (FTM) Price Analysis: Old Resistance Turns Support with a Double Bottom Pattern on 4 Hr Chart appeared first on Coingape.

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Polkadot (DOT) Price Analysis: Imminent Breakout of Symmetrical Triangle, Time to Buy the Dip?

Lark Davis, famous New Zealand-based crypto analyst stated reasons for his bullish position on the DOT token of the Polkadot ecosystem on 10 October. A notable reason being the announcement of Polkadot Parachains by Dr. Gavin Wood. Polkadot (DOT), now viewed by many analysts as layer-0, allows developers to build smart contract blockchains like ETH

The post Polkadot (DOT) Price Analysis: Imminent Breakout of Symmetrical Triangle, Time to Buy the Dip? appeared first on Coingape.

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Binance Coin (BNB) Shoots 15% Amid Strong Accumulation By Whales

After major consolidation at around $400 levels for the last week, Binance Coin (BNB) is showing strong price action gaining 15% today. As of press time, BNB is trading 14.57% up at a price of $465 and a market cap of $78 billion. With its recent price rally, BNB has once again flipped Cardano (ADA)

The post Binance Coin (BNB) Shoots 15% Amid Strong Accumulation By Whales appeared first on Coingape.

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Litecoin (LTC) Flips Ethereum (ETH) In Terms of Address Activity for Third Time in 2021

If something good that’s happening to Litecoin (LTC) as of now is that there’s a sudden surge in the Litecoin address activity as of now. On-chain data provider Santiment reported that Litecoin has flipped the world’s second-largest blockchain platform Ethereum (ETH) in terms of address activity. The data provider reports: Litecoin has just flipped #Ethereum

The post Litecoin (LTC) Flips Ethereum (ETH) In Terms of Address Activity for Third Time in 2021 appeared first on Coingape.

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Binance Coin, Cardano Price Analysis: October 13, 2021

Binance Coin breaks out, targeting $500; the MACD emphasizes the bullish grip on the price. Cardano will likely step above $2.5 after the ongoing consolidation. Binance Coin leads altcoins in recovery on Wednesday, after accruing over 13% in gains toward the end of the Asian session. As discussed earlier, the rest of the market is

The post Binance Coin, Cardano Price Analysis: October 13, 2021 appeared first on Coingape.

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Polygon (MATIC) Daily Transaction Volumes Tank 50% After 30x Increase In Gas Price

Ethereum scalability solution Polygon (MATIC) had been seeing high network activity recently. In the last month of September, the Polygon blockchain registered a 150% surge in daily active addresses. At one point, Polygon even surpassed the daily transaction volumes of Ethereum. However, it turns out that the daily average transaction volumes on Polygon have tanked

The post Polygon (MATIC) Daily Transaction Volumes Tank 50% After 30x Increase In Gas Price appeared first on Coingape.

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Cardano, Solana Price Prediction: October 12, 2021

Cardano holds at $2.1 after losing steam during the most recent approach to $2.5. Solana may drop to $120 if the confluence support created by the 100 SMA and the 50% Fibonacci level shatters. Bitcoin gained more ground on Monday to trade briefly above $57,000. The bellwether cryptocurrency aims at lifting to the all-time high

The post Cardano, Solana Price Prediction: October 12, 2021 appeared first on Coingape.

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