Bitcoin is the first decentralized cryptocurrency. Each subsequent such currency is referred to as an “altcoin” or in other words an alternative cryptocurrency. Stay up-to-date with the latest news on the altcoin market.
CME Group, the leading derivatives marketplace, is set to introduce Solana (SOL) futures on March 17, according to Reuters.
Solana has taken a steep 50% dive over the past five weeks, mirroring intense market turbulence, speculative memecoin mania, and fears over impending sell pressure from the upcoming FTX estate unlock.
The chief investment officer of Bitwise, Matt Hougan, recently shared his thoughts on the fading allure of memecoins and how the crypto market is in need of a new narrative.
A well-known crypto analyst has shared his perspective on the current state of altcoins, stating that the monumental gains experienced during the 2017-2021 cycle are unlikely to be replicated.
Binance has announced the addition of MyShell (SHELL) to its HODLer Airdrop program, offering BNB holders the chance to earn SHELL tokens through Simple Earn subscriptions.
Binance is making adjustments to its trading platform as part of its routine market evaluations.
Hopes for a broad altcoin rally in 2025 may be misplaced, as CryptoQuant CEO Ki Young Ju warns that only select projects with strong fundamentals and revenue streams are likely to thrive.