If you’re investing in altcoins, you may be in for a disappointing summer. Against all forecasts, Bitcoin (BTC) is continuing to outperform its competitors. A new report shows no sign of a reversal, but at least it tells us whom to blame: institutional investors.
Tezos spiked after Coinbase Pro announced that it will be launching XTZ on it
Zilliqa has gained bullish momentum after the project announced that it is
Pundi X has a bearish short-term outlook, with the cryptocurrency still trading below major technical support on the four-hour time frame.
Kin, the cryptocurrency project associated with the popular instant messaging platform Kik, announced the integration of music app MonkingMe. The new app will allow music-lovers to tip their favorite artists with tokens, including KIN.
A new project seeks to give XRP holders and developers more control over the cryptocurrency’s direction. Known as the XRP Community Fund, the non-profit organization, which was first unveiled just under two weeks ago, is intended to be a transparent means for the community to vote on new projects and applications.
It seems to be the season for decentralized exchanges. Eosfinex is now the latest option for trustless, non-custodial crypto trades. Using EOSIO software, the platform announced its launch after a five day delay.
Cryptocurrencies only exist because of failures in the traditional financial system, according to a leading banking scholar. In a hearing before the Senate Banking Committee, Mehrsa Baradaran said that financial reforms could cause cryptocurrencies to fade into obscurity, effectively killing Bitcoin (BTC).
LAMB has gained bullish momentum after Huobi Global announced that it will list Lambda on July 30.
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