In this week’s show, Cointelegraph resident experts decide which layer-one protocol is more likely to rise above the rest in 2022. Join Cointelegraph host and analyst Benton Yaun alongside market analysts Jordan Finneseth and Sam Bourgi as they pick their favored layer-one protocols for 2022. Will it be Velas ($VLX), which is currently the fastest blockchain when it comes to … [Read more...] about Which layer-one protocols will outperform in 2022?
Bitcoin (BTC) was roughly flat over the past 24 hours as trading volume continued to decline.Still, some alternative cryptocurrencies (altcoins) outperformed BTC on Tuesday. Internet Computer’s ICP token was up about 20% over the past 24 hours, and Chainlink’s LINK token was up about 4% over the same period.Meanwhile, technical indicators suggest a brief price bounce in BTC … [Read more...] about Market Wrap: Bitcoin Gains May Be Limited in January, Altcoins Outperform
BTC is roughly flat over the past week, compared with a 1% drop in ether (ETH), a 5% rise in Solana’s SOL token, and a 38% rise in Avalanche’s AVAX token over the same period. The wide dispersion in crypto returns this week suggests that investor appetite for risk remains strong. Typically, the overall crypto market begins to trend higher when alternative cryptocurrencies … [Read more...] about Bitcoin Options Market Leans Bearish as Some Altcoins Outperform
Alternative cryptocurrencies (altcoins) were in the spotlight on Thursday as bullish sentiment returned to crypto markets. Bitcoin (BTC) continued to stabilize near $46,000, near its 200-day moving average – a key technical support level that, if broken, could lead to further selling pressure.For now, bitcoin appears to be oversold, and was down about 2% over the past 24 hours. … [Read more...] about Market Wrap: Altcoins Outperform as Ether Rises Toward $4K
Bitcoin’s price is starting to stabilize after a near-4% drop over the past week. The cryptocurrency was trading around $57,000 at press time and could go higher, initially toward $60,000-$63,000, according to technical indicators.Analysts expect trading volumes to decline this week given the U.S. Thanksgiving holiday on Thursday. “The last three years we’ve had downward … [Read more...] about Market Wrap: Altcoins Outperform as Bitcoin Stabilizes