One Ethereum Competitor Is Showing Strength As Bitcoin Loses Ground, According to Crypto Trader Benjamin Cowen

One Ethereum Competitor Is Showing Strength As Bitcoin Loses Ground, According to Crypto Trader Benjamin Cowen

“Crypto analyst Benjamin Cowen says an Ethereum rival is showing strength as Bitcoin pulls back from its all-time high. Cowen tells his 576,000 YouTube subscribers that AVAX, the native token for the smart contract platform Avalanche, is “weathering the storm relatively well.” The 12th-ranked asset by market cap is trading at $68.28 at time of
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Source: The Daily Hodl

Despite stagnant prices, Cardano reaches the 1 million wallets staked milestone

“Cardano‘s DeFi ecosystem is slowly starting to take shape, thanks to the network’s Alonzo hard fork earlier this year. The hard fork paved the way for smart contract integration. In fact, its first decentralized exchange, SundaeSwap is all set for its testnet launch later today. These developments have led to

Top 5 cryptocurrencies to watch this week: BTC, ETH, MATIC, ALGO, EGLD

“If BTC holds the $49,000 level, ETH, MATIC, ALGO and EGLD could move higher during Bitcoin’s expected “consolidation phase.” Bitcoin (BTC) and most altcoins sold off on Dec. 4 with massive deleveraging seen in the crypto derivatives markets. Data suggests more than $2.5 billion of crypto liquidations over a 24-hour