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Cryptocurrencies often offer opportunities for so-called ‘100-baggers' (or 100x) investments. Even more so than traditional finance markets like Wall Street. Of course, these high-performing crypto assets can underlie certain volatility, but ultimately the reward ratio often outweighs the risk.
Users of Ethereum's quicker, cheaper layer 2 networks will have access to the new wrapped staked ETH (wstETH) token.
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
USD Coin (USDC) issuer Circle says it intends to make the second largest stablecoin by market cap available on five additional blockchain ecosystems. The digital financial technology firm says that USDC will be available on layer-1 blockchains Arbitrum One, NEAR Protocol (NEAR), Optimism (OP) and Polkadot (DOT) by the end of the year.
A widely followed crypto analyst is predicting a massive surge for Ethereum (ETH) competitor XRP while updating his outlook on Bitcoin (BTC) and two other altcoins. Pseudonymous trader Altcoin Sherpa tells his 183,000 Twitter followers that XRP should rise to $0.60 before ultimately shooting up to $0.87. “XRP: Go to $0.60 and then $0.
A widely followed crypto analyst is issuing fresh warnings for a trio of altcoins as the markets attempts to recover from a lengthy downtrend.
The Merge is a reality now, and everyone is asking the same 2 questions. Will ETH pump or dump?
Optimism's OP was not left behind as the rest of the market registered double-digit price upticks over the past week. In fact, according to CoinMarketCap, the price of the Layer 2 (L2) token rallied by 16% over the last seven days.
The DEX aggregator and automated market maker was first deployed on the Optimism mainnet in August 2021.
CNBC host Jim Cramer is advising investors to avoid meme assets and altcoins after the Federal Reserve announced further interest rate hikes. In a new Mad Money segment, Cramer says that investors should steer clear from meme tokens such as Dogecoin (DOGE) and Shiba Inu (SHIB).
OP tokens will be claimable retrospectively by users who made swaps via the 1inch wallet on Optimism. The post 1inch announces 300,000 OP token airdrop for users on Optimism appeared first on The Block.
A popular analyst is providing price target updates for a handful of crypto assets as the markets fight to wrap up the week in positive territory.
Lido, Ethereum Classic and Optimism rally after an announcement about the Ethereum merge that is set to happen on September 15. The news of the Ethereum merger sparked a surge in a number of alternative cryptocurrencies, including Lido Dao, Optimism, and Ethereum Classic.
It is a bullish first week of August for several cryptos, including FLOW and OP. Network news updates and US economic indicator will remain focal points.
For first time ever, leading Ethereum (ETH) scaling ecosystem Polygon (MATIC) has lower TVL than Optimism — but there is caveat
The bulls recovered their power in July after the sudden and unexpected cryptocurrency market collapse in April and June that sent Ethereum, and the king coin, Bitcoin, to alarming lows.
The crypto market looks set for another weekly rise. Several cryptos including DCR lead the way, with network news updates contributing to the bullish week.
A widely followed crypto trader is sharing his outlook for Bitcoin (BTC), ApeCoin (APE) and two Ethereum (ETH)-based altcoins amid signs of potential recovery for the crypto market.
The broader crypto market is performing much better than it was in the last few months. Yet, a closely followed crypto strategist and analyst have a bearish approach towards the whole crypto market.
There's a new winner in town, and this time round, it's the token underpinning Ethereum layer-2 scaling solution Optimism.
The crypto market looks set to end a four-day losing streak, with Optimism (OP) leading the way. US economic indicators and earnings delivered support.
A closely tracked crypto strategist is predicting dips for two altcoins while updating his forecast for Solana (SOL) and ApeCoin (APE). Pseudonymous crypto analyst Altcoin Sherpa tells his 180,700 Twitter followers that smart contract protocol Ethereum Classic (ETC) looks poised for a significant pullback after its steep rally over the past few weeks.
The crypto market cap rose by almost $23 billion in the trading hours bringing the market capitalization to $1.6 Trillion.
A handful of altcoins have outperformed the broader crypto markets by printing gains of over 100% or more in the past seven days. One the best performing altcoins this week is the BTC Standard Hashrate Token (BTCST), an altcoin designed to allow holders to stake their tokens on-chain and earn Bitcoin (BTC) mining rewards.
