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Five Altcoin News To Follow This Week

Five Altcoin News To Follow This Week. On February 15, the cryptocurrency market saw a minor retracement as the new week began. But they were getting better very shortly. This week, several events in the Altcoin market may affect their pricing.

However, The following cryptocurrency news could be of interest to fans of Synthetix Network Token (SNX), Cosmos (ATOM), Yam Finance (YAM), Hedera Hashgraph (HBAR), and Dogecoin (DOGE).

Dogecoin (DOGE)

News:  On February 17 at 19:00, the cryptocurrency exchange WhiteBit will host an AMA session for Dogecoin. Max Keller, a developer for Doge, will be there.

Why to follow: Since June 2019, Dogecoin has not seen any significant technical advancements. This week, the software team, under the direction of Ross Nicoll, made improvements to Dogecoin. Max Keller, one of Doge’s active developers, will attend the event. Furthermore, WhiteBit will give away 40,000 doges to those who bring the finest questions.

Cosmos (ATOM)

Cosmos (ATOM)

News:  On February 18, the Cosmos team will release the Stargate update. However, Figment Networks analyst Gavin Birch said it’s the most significant update in Cosmos’ past.

Why follow: Stargate is expected to speed up interface development and boost processing performance, enabling users to transact across many blockchains. Blockchains built on Cosmos will be able to communicate with one another through Stargate’s future Inter-Blockchain Communication (IBC). Stargate is predicted to make up to 100 improvements on its blockchain.

Yam Finance

News:  Users of Yam Finance moved from V2 to V3 on February 15 around three in the morning.

Why follow:  However, A glitch in version 1 caused Yam Finance to move to version 2, and in September 2020, they announced version 3. However, The Yam community set the ultimate date of the V2 to V3 transition to be February 15. Tokens were awarded in a 1:2.5 ratio to those who moved from Yam V1 to V2 to V3. Yam v3 is the result of fixing mistakes in the initial version.

Hedera Hashgraph (HBAR)

Hedera Hashgraph (HBAR)

News: On February 18, the Hedera team will perform a testnet update.

Reasons to adhere to: On February 4, Hedera published version v0.11.0 of its mainnet. On February 18, the development team will test version v0.12.0. Throughout the two hours when the testing is scheduled, the Testnet will not be accessible to altcoin news. However, If the testnet yields positive results, an upgrade to the mainnet might happen soon.

Synthetix Network Token (SNX)

News:  An update to sDEFI and iDEFI has been proposed by the Synthetix community. However, The index update is anticipated to be finished this week, on February 16 or 17.

Reasons to adhere to: Users of Synthetix should be able to access new DeFi projects more efficiently, thanks to the change to the sDEFI and iDEFI index. However, Synthetix announced investments totalling $12 million from Long, Paradigm, and Coinbase Ventures. These businesses will also support the expansion of the Synthetix workforce and network enhancements.

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