Welcome to Cointelegraph Market’s Altcoin Roundup, an in-depth newsletter that focuses on investing from the perspective of fundamental analysis and seeks to identify emerging blockchain projects and tokens that fill niche demands within the growing cryptocurrency market. The concept of multi-sector investing has long been advocated in traditional finance as the conventional approach to building a balanced portfolio. Typical allocations include representation of stocks, government and corporate bonds, commodities and real estate. Now that the cryptocurrency market has grown to a multitrillion-dollar ecosystem with numerous emerging assets, clear sectors are beginning to emerge. Savvy crypto investors looking to apply portfolio …
To the observant cryptocurrency enthusiast, the sight of multiple large-cap tokens more than tripling their value since November 2020 is a healthy sign that a bull market cycle is underway. Aside from a breakout in the price of Bitcoin (BTC), Ether (ETH) and altcoins, every bull market in the crypto sector is defined by one or two key themes that emerge as the driving force of market enthusiasm. In 2016-2017 there were ICOs, the growing popularity of collectibles like CryptoKitties and the widely held belief that blockchain was a solution to every problem in the world. In 2021 it’s clear …
In the traditional investing world ‘unicorn’ is a term used by venture capitalists to describe a privately held startup valued at more than $1 billion. Typically these startups have strong fundamentals and oftentimes a first-mover advantage that helps them rapidly rise in value to become prized investment opportunities for yield-seeking funds. Some of the best-known unicorns include Elon Musk’s SpaceX, a private rocket and spacecraft manufacturer with a valuation of $46 billion, and Coinbase, the largest U.S.-based cryptocurrency exchange with a current valuation of $8 billion. While the world's attention has been focused on the Coronavirus pandemic, the outcome of …
For a country of 25 million people, Australia punches well above its weight both economically and in the world of blockchain. Australians have long been enthusiastic adopters of new technology, from cellphones to smart homes, so it’s little surprise they’ve embraced crypto too. Chainalysis ranks Australia 20th out of 154 countries surveyed this year for its "The 2020 Geography of Cryptocurrency Report," citing favorable regulation that legitimizes the technology as driving "steady growth in adoption." Australian crypto educator Alex Saunders, founder of Nuggets News, said the Australian crypto community encompasses everyone from hardcore Bitcoin (BTC) maximalists to well-known Ethereans and …
A unique Spiderman drawing by Marvel comics artist Adam Kubert has sold for 12.75 Ether (ETH) ($25,000) after being turned into a non-fungible token on the Ethereum blockchain. Kubert’s piece is one of 25 unique artworks expected to be launched as NFTs by several Marvel artists, including Dan Panosian, Matteo Scalera, Dave Johnson, Andy Kubert and Eric Canete, as announced on Feb. 15. The NFTs are to be sold on Portion.io, a platform that allows users to create and auction rare art on the Ethereum blockchain. A recent announcement by the Portion team stated, “We would like to announce that …