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news-imageJune 17, 2024

Top analyst explains why most altcoins fail and lose 99 percent of their value

Analyst Lark Davis recently explained that assessing altcoins starts with understanding their simplicity. In a new analysis video, he said that while some altcoins have easy-to-digest summaries, most do not. The more novel a token, the harder it is to package and assess, leading to higher risks.
Publisher: CoinPedia
Sentiment: Negative
ETH

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Neutral
cover-imageBenzinga
October 22, 2024

Bitcoin, Ethereum, Dogecoin Trade Sideways: '$66,500 Support Needs To Hold,' Says Trader Who Warns $61,000 Could Otherwise Be Next

Cryptocurrency markets are trading sideways on Tuesday: Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $67,436.75 -0.03% Ethereum (CRYPTO: ETH) $2,626.50 -1.7% Solana (CRYPTO: SOL) $168.23 +1.3% Dogecoin (CRYPTO: DOGE) $0.1395 -2.3% Shiba Inu (CRYPTO: SHIB) $0.00001823 -1.3% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 78.9% and daily active addresses dropped by 4.6%. Transactions greater than $100,000 are up from 5,769 to 8,957 in a single day.

Negative
cover-imageCrypto Daily
October 22, 2024

Crypto Price Analysis 10-22 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, UNISWAP: UNI, DOGWIFHAT: WIF, ARTIFICIAL SUPERINTELLIGENCE ALLIANCE: FET

Bitcoin (BTC) and other cryptocurrencies suffered a setback, registering a substantial drop late on October 21 and early on October 22. BTC dropped over 2% over the past 24 hours, while Ethereum (ETH) dropped further and is currently down by 3.54% over the past 24 hours, losing the $2,700 price level.

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