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Litecoin (LTC) is one of the earliest assets to enter the cryptocurrency market. Despite its timely debut, the altcoin has maintained a low profile. In terms of price, LTC has barely witnessed a major increase. The asset has been around since 2013, but has managed to rise by only 1816.48% since then. LTC even hit an all-time high of $412 about four years ago in 2021. But the cryptocurrency continues to trade 80% below this peak. While the community expected to see 2025 bring in massive gains to the Litecoin market, the altcoin seems to be moving at a slow pace. Also Read: Warren Buffett Warns of ‘Hair Curler’ Crash Despite $347B Cash Litecoin Records Massive Downfall of Over 6% Source: Webopedia Litecoin failed to retain itself in the top ten. The asset currently trades as the 21st-largest cryptocurrency in the market. At the time of writing, LTC was trading at a low of $82.27. This comes after the asset witnessed a massive drop of 6.86% over the past 24 hours. Source: CoinMarketCap Th...

A new decentralized finance (DeFi) trading altcoin is surging after gaining support from the top US-based crypto exchange platform by volume. In a new thread on the social media platform X, Coinbase says it’s adding the DeFi token Definitive Finance (EDGE) to its suite of digital asset products with an experimental label, causing the altcoin to skyrocket. Coinbase’s experimental label designates assets as having higher volatility and lower trading volume compared to other products offered by the firm. News of the addition sent EDGE flying, as the token went from an April 2nd low of $0.0274 to a peak of $0.1157 just a few hours later. The digital asset has since retraced and is trading for $0.086 at time of writing, a staggering gain of nearly 180% during the last 24 hours. According to its official website, Definitive aims to mimic the experience offered by centralized exchange platforms, such as Coinbase and Binance, despite being decentralized. ...

An under-the-radar altcoin defied the wider crypto market slump and surged in price this week amid a new strategic investment. Vana (VANA) is a layer-1 network for user-owned data. The project aims to allow users to contribute, tokenize, and share their data to create next-generation artificial intelligence (AI)-focused applications. The project’s native asset, VANA, launched in December and is trading at $8.88 at time of writing. The 228th-ranked crypto asset by market cap is up nearly 3% in the past day and more than 37% in the past week. VANA’s gains largely materialized after YZi Labs, formerly known as Binance Labs, announced a new investment in the layer-1 project. Binance founder Changpeng Zhao (CZ) also joined Vana as an advisor. Explains YZi Labs, “This marks YZi Labs’ first AI investment since its rebranding, reinforcing its expanded focus on transformative innovations beyond Web3, including AI and biotechnology. With CZ joining Vana...

Operators of the world’s largest bitcoin (BTC) mining pools are quietly discussing a problem with BTC payouts. Despite mining BTC, securing BTC, and earning 100% of their revenue in BTC, pool operators are occasionally finding the currency itself to be cumbersome for paying their own workers. Although all major BTC mining pools pay for work in BTC currently, a few are warming up to the idea of an altcoin as a superior payment method. For months, developers and pool managers have engaged in deep discussions on technical forums like Delving Bitcoin around electronic cash (“ecash”) token alternatives to mining pool payouts. One of the discussion leaders, vnprc, has proposed a new form of eHash tokens that represent “liabilities” that can be “audited” using a so-called “Proof-of-Liabilities” protocol by Calle. The irony of such a string of terms is apparent to any BTC maximalist: new token, new proof, and new protocol. BTC is supposed to be ...

The Max price jumped more than 3% in the last 24 hours to trade at $0.0943 as of 9:56 a.m. EST as traders slowly start to buy into the altcoin. Despite the recent uptick, the MAX price is still 35% in the red over the last 7 days. However, zooming out to the 30-day time frame shows the crypto is up by an impressive 431%.  Max Price Consolidates 4-hour chart for MAX/USD (Source: GeckoTerminal) The Max price has entered into a consolidation zone between $0.072640 and $0.10394 in the last couple of days, GeckoTerminal data shows. This period of sideways trading could be the build up to a big move. Should the altcoin start to rally towards the upside, it could try to flip the resistance level at $0.10394 into support. Clearing this technical obstacle might then give the crypto the foundation needed to continue rising in the following few days, which could lead to the Max price rising to as high as $0.13301. On the other hand, a breakdown in the Max price could result in the al...

A veteran trader known for timely crypto calls says he’s bullish on one Solana (SOL) rival now that it’s showing significant strength. Pseudonymous trader The Flow Horse tells his Telegram channel that he’s “default bullish” on the native asset of the layer-one blockchain Sei (SEI) following its clearance of a multi-month resistance around the $0.40 level. “It’s the weekend so just like trading volumes my posting volumes will be lower, but take a look at SEI – I simply must be default bullish biased on things like this. Summer range broken, retesting, I will just add until proven otherwise. The invalidation is close and this is a key inflection point.” Source: The Stable/Telegram Since the trader’s post, SEI has poked above the $0.50 before correcting. At time of writing, SEI is worth $0.469, up over 4% in the past day. While the altcoin market has been performing well with most crypto assets up in the last ...

SOL, AVAX and DYDX rank among the top-performing altcoins this month. Cointelegraph investigates what is behind the move. On Nov. 15, several altcoins continued to show strength alongside Bitcoin (BTC), which notched an intra-day high at $37,400. Leading into the week, DYDX, Solana’s SOL (SOL) and Avalanche’s AVAX (AVAX) currently reflect double-digit gains , with each chasing after new year-to-date highs.  The sustained bullish price action from altcoins has led some analysts to declare the arrival of an altcoin season, and at the time of writing, the total market capitalization of the altcoin market has hit a 2023 high at $659.5 billion. Altcoin price rallies typically involve a slew of factors, some being sentiment-based and others based on project fundamentals. Let’s look at a few of this week’s top market performers to see what catalysts underlie their growth. dYdX fee switch boosts price The platform behind the DYDX token is dYdX, a decentralized exchange that offers futures co...

With the update, the project wants to help FLR holders secure and contribute to the ecosystem. Flare, a layer-1 solution that enables using smart contracts on the XRP network, has rolled out a public staking service for FLR token holders. Flare public staking is live: https://t.co/ZB0AaH7sFZ Learn everything about delegating FLR stake with #FlareStake. ️ pic.twitter.com/EsqWng7KCv — Flare ️ (@FlareNetworks) October 29, 2023 In an X thread on Oct. 29, the Flare team said the launch is part of the transition to a proof-of-stake consensus model. With the dedicated staking platform, FLR holders users can delegate their token s to validators in a bid to support them in contributing to the ecosystem, the developers said. You might also like: Flare brings blockchain API to Google Cloud Marketplace At launch, users could only stake FLR with Avalanche application set on their Ledger hardware wallets. However, the developers promise to add other staking options in the f...

Litecoin block rewards have now halved to 6.25 LTC as the halving clock is reset for another four years. The Litecoin halving event has been completed with block rewards now halved at 6.25 Litecoin (LTC) per block.  On Aug. 2, the Litecoin blockchain went through its automated halving procedure at block 2,520,000. LTC miners are now getting half the rewards and the clock has been reset for the next halving in roughly four years' time. Litecoin founder Charlie Lee commented on the discrepancies between the different halving countdown timers, suggesting that the NiceHash one was the most accurate. However, all of them agreed on an Aug. 2 date. This is funny. I googled "Litecoin Block Halving Countdown" and checked the first 4 hits. The ETA for the halving is all over the map! From my quick calculation, I believe NiceHash's countdown is the most accurate. I expect the halving to occur in about a 1 day, 2 hours, and 30… pic.twitter.com/7lvOKCtiOh — Charlie Lee ️️ (...

Oracles enable value, but they are also susceptible to value manipulation; co-founders of Cosmos-based Seda discuss their benefits and how to prevent pitfalls. The year 2022 was not a very good year for Cosmos and its vision of inter-block chain communications (IBC). The collapse of the Terra Luna ecosystem (the biggest protocol on Cosmos at the time), tension between co -founders and a fall in the token’s price all cast a shadow on its future prospects. That said, projects such as dYdX and cross- chain oracle protocol Seda continue to call the network home and are adamant about its IBC vision. Currently, Seda says it enables over 12 million data feeds across 24 networks. In an interview with Cointelegraph at EthCC Paris, Jasper de Gooijer and Peter Mitchell, co-founders of the Seda protocol (formerly known as Flux), discussed the importance of oracles in cross-chain bridges and how they protect the value they enable. Cointelegraph: How do oracles add value to IBC?  Jasper de Goo...

The project provides a decentralized and private way to verify human identity online amid the rise of artificial intelligence technologies. Worldcoin (WLD), a project partly created by OpenAI CEO Sam Alman, launch ed the token that will be used within the project's ecosystem on July 24.  The project has continuously split opinions from within the crypto space up to Silicon Valley, with some praising the project’s ambition to some calling it “creepy” and “dystopian.” Despite these comments, the project continues to pursue its goal of solving income inequality and online identity authentication. It's time. 24.7.23 pic.twitter.com/9oHW4DIMJX — Worldcoin (@worldcoin) July 23, 2023 The project was first launched back on March 14, along with a waitlist for its software development kit (SDK). According to its team, the World ID will function as a global digital passport that users are able to store within their phones. The project also claims that the World ID will also provide p...

On-chain growth, a surge in DeFi use and positive technical outlook could back a breakout in ADA price. Caradano’s native gas-paying token ADA received a big blow at the start of June when the SEC regarded it as a security in its lawsuit against Binance and Coinbase. The lawsuit triggered a 42.5% drop in ADA’s price from $0.37 to a two-year low at $0.21 within a few days after SEC’s lawsuit. Additionally, the token faced further downside selling pressure due to delisting on U.S.-based trading apps Robinhood and eToro. However, under the hood, the network has been making progress with an uptick in DeFi activity after a scalability upgrade in May. The technical and on-chain Analysis of the token also shows potential for a positive recovery. Cardano’s DeFi ecosystem is blooming Over the years, Cardano has come under some criticism for continued delays and network updates. Cardano’s founder, Charles Hoskinson, attributed these setbacks to “betting on the wrong technology and being a bit ...

Bitcoin price looks ready to turn $31,000 to support, and many altcoins are following with double-digit gains. The rush to apply for a spot Bitcoin (BTC) exchange-traded fund (ETF) rejuvenated the bulls but this news is likely to boost the price only to a certain distance. As the price moves up, the risks of a crash increase if none of the ETF applications are approved. Trading firm QCP Capital is not convinced that a spot ETF will see the light of the day in the near term. Another point of view came from Gemini co-founder Cameron Winklevoss who said on June 21 that the “floodgates” for accumulating Bitcoin are “closing fast.” Similarly, MicroStrategy Executive Chairman Michael Saylor said that the opportunity to “front-run institutional demand for Bitcoin” was ending. Daily cryptocurrency market performance. Source: Coin360 Bitcoin remains the center of attraction as its market dominance has been hovering near 50%. K33 Research Analysis found that over the long term, Bitcoin investm...