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Altcoin Magazine has Rebranded as The Capital and 100x’ed its ambitions

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The widely recognized cryptocurrency publication Altcoin Magazine has officially rebranded as The Capital. While this may appear to be a simple marketing strategy, this strategic shift will serve as a major turning point for both the company and for the global cryptocurrency community as well. 

Before we talk about how The Capital will serve users in a much improved way, let’s do a quick recap of factual information that readers should be aware of. 

Altcoin Magazine has, until now, been running on the Medium platform. Crypto, Trader, News. COO, Tony Lewis, already wrote a piece explaining why companies and writers should stay as far away from Medium as possible. It might seem like a cool, elegant place where community writers can get together and support each other’s content, but the side-effects of living under Medium’s rules can be devastating. According to Lewis,

“Medium has the power of closing down your page and making your content disappear as if it had never existed in a matter of seconds. You have no say on whether you approve of this decision, or not. If for some reason they don’t like you, they’ll get rid of you and act as if all of your time and effort put into your blog had never happened.”

The fact that The Capital is now going to be a fully independent site gives the management team a whole new level of control over their platform and its growth potential. 

With that said… how does going from Altcoin Magazine to The Capital change things from our perspective?

Well, we were able to speak with Co-founder Emil Sterndorff and here are some of thee key features that The Capital brings to the table:

  • The focus is shifting from solely being cryptocurrency and blockchain, to now include all financial topics, including, of course, crypto. 
  • Instead of being a magazine, the company is expanding into being a financial micro-blogging social media networking platform.
  • The V1 of the new site should be going live in around a month, with a continuous roll-out of the more complicated feed-based design over the next 6-9 months.

The Capital is aiming to establish itself as a leading platform in the fintech world for content creation and distribution whether it being posts, videos, articles, or podcasts. Check a preview here:

Content creators will not only have the ability to make money on their videos, articles, or podcasts via video ads as we know them from YouTube, content creators with high trust and reach can even be funded by companies in exchange for an app icon or logo in their posts. So while content creators will mainly make money in USD, regular users on the other hand, will get small, but noticeable Satoshi rewards for engaging with content on the platform.

While Altcoin Magazine was probably one of the top 5 crypto publication sites to ever have been published, who’s to say that The Capital won’t achieve even better results given all of the new exciting innovations they are introducing?

Stay tuned for more updates.

Ps. The Capital is also hosting a four-day, 5-star, all-inclusive business mastermind for a few select top-tier companies and executives in the fintech and crypto space. Click here for more info!

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Crypto

BNB Price Surges Past $300, Faces Crucial $339 Hurdle: What’s Next?

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BNB price has noted significant gains over the past few days, surging past the psychological resistance of $300. The native cryptocurrency of the Binance Exchange has surpassed Solana to regain its position as the fourth-largest cryptocurrency by market cap. The digital currency has been rallying lately with a 7-day profit of more than 15%. Additionally, BNB has clocked a phenomenal gain of 38% in the month to date.

Binance Coin Outlook

BNB price has been on a strong bull run for the past week, breaking out of its consolidation. Even so, the asset has experienced a correction in its uptrend over the past 24 hours but remains above the crucial level of $300. BNB’s total market cap has decreased by 4% over the past day to $48 billion, while the total volume of the asset traded over the same period dipped by about 15%.

Over the past year, Binance Coin has had to cope with Fear, Uncertainty, and Doubt (FUD)  on the back of the regulatory troubles of its underlying exchange. Earlier, the BNB price touched a low of $223.50, a few days after its former CEO, Changpeng Zhao, pleaded guilty to money laundering charges. However, the cryptocurrency has managed to rebound 46% in value since then.

The recent price rally has been associated with various positive developments in the Binance ecosystem, including the Introduction of the Isolated Margin Auto-Transfer Mode. This feature enables…

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Altcoins

Solana Price Surges Beyond $100, Dethroning Ripple and BNB To Secure Fourth Place

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Solana price performance in recent times has been remarkable, surpassing Ripple and Binance Coin to become the fourth-largest cryptocurrency by market cap. The SOL price breached the critical level of $100 for the first time since April 2022 over the weekend to imbue optimism among investors. However, the altcoin has corrected by 7%, suggesting that the market is overheated. At the time of writing, the ‘Ethereum killer’ was trading slightly lower at $111.60.

SOL Outlook

Solana price has made a significant recovery over the past few weeks, climbing above the psychological level of $100. The altcoin has been one of the best-performing assets this year, extending its year-to-date gains to more than 1,025%, with more gains recorded in the past month alone. However, even with such growth, analysts have noted that Solana has a bleak chance of topping its ATH of $260.

The reason behind this is the increase in supply relative to its value. In November 2021, when the Solana price hit its all-time high of $260, its total market capitalization was around $78 billion. Despite the value of the crypto asset being less than half of what it was at the top, its market cap is currently hovering near $50 billion.

This has been brought about by the increase in the Solana supply by more than 100 million SOL over the past two years. According to some analysts, for the altcoin to retest $260, its…

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Altcoins

Solana Price Skyrockets to 20-Month Peak Amidst Memecoin Frenzy

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Solana price has noted significant gains over the past few weeks, climbing to its highest level since April 2022. The ‘Ethereum Killer’ almost topped the crucial level of $100 on Friday, before pulling back slightly. The asset’s recent surge has catapulted Solana’s total market cap to $39.6 billion, ranking 5th after and above BNB and XRP, respectively. Solana has jumped by more than 22% in the past week and more than 80% in the month to date. At the time of writing, SOL price was trading 0.90% lower at $93.10.

Catalysts Behind SOL’s Rally

Solana price has been on a strong bull run over the past few days, rocketing to its highest level in 20 months as the network benefits from the substantial activity and strong interest in memecoins. The SOL token, the native digital asset of the high-performance blockchain platform Solana, has shown some serious strength over the past few weeks, outperforming all the altcoins in the market.

The recent surge in the Solana price has been linked to heightened on-chain activities on the Solana blockchain. Notably, the ongoing hype for the blockchain’s speedy transactions, cheap fees, and a lottery of meme coin issuances has buoyed SOL’s on-chain activity. Metrics have revealed that Solana has been the strongest draw among on-chain traders, with trading volumes and network fees outperforming Ethereum- the largest altcoin by market cap.

Cited figures provided by DeFi aggregator DeFiLlama

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