Tag: Altcoin

Altcoin Boasts 10% Gains As Rest Of Market Falters

boss

As the market rebound slows, Bitcoin SV captured some momentum and gaining some ground against the bears today, August 8. The coin has been up more than 10% since last month, a huge advantage in the market’s hostile environment.  Related Reading Bitcoin SV is a hard fork of Bitcoin Cash which is also a fork of Bitcoin itself. BSV, however, has traits unique to itself, unlike its close cousins that make it more attractive to businesses.  Solving Real World Problems With On-Chain Solutions  President of the Blockchain Association Uganda Reginald…

Crypto Analyst Identifies Mid-Cap Altcoin Set To Surge 1,100%

boss

Crypto analyst Javon Marks has identified a mid-cap altcoin that can potentially make significant gains in this bull run. Based on his analysis, a 1,100% price surge is already in the works for this altcoin. JASMY To Surge By Over 1,100% Marks predicted in an X (formerly Twitter) post that JASMY will surge by over 1,100% soon enough. The analyst was confident about the altcoin enjoying such a price rally, noting how every pullback for JASMY since its breakout has supported further bullish movement for the token. He also noted…

Altcoin rally is coming, CryptoQuant CEO says

Ki Young Ju has reported a significant rise in limit buy orders for altcoins, signaling a potential rally. This surge suggests that investors are establishing strong buy walls for altcoins, excluding Bitcoin (BTC) and Ethereum (ETH), possibly in anticipation of an impending altcoin rally. “Whales are preparing for the next altcoin rally,” Ju posted on X.  The increase in limit buy order volume indicates robust buying interest, which often precedes market upswings. For those unfamiliar, limit orders create “quote volume” on exchanges, while market orders generate “taker volume.”  Whales and…

Altcoin season hopes rise as Bitcoin price forms a bullish pattern

boss

Crypto traders are bracing for the next altcoin season as Bitcoin forms an extremely bullish pattern on the weekly chart.  Bitcoin (BTC), the largest cryptocurrency by market cap, has formed a cup and handle chart pattern. This pattern is characterized by a rounded bottom forming the cup and either a consolidation or a pullback to form the handle. The upper part of this pattern was at $68,837, while the handle section has been forming since March this year. Importantly, it has formed a falling broadening wedge pattern in its handle…

Bitcoin Cash Leads Altcoin Market With 16% Gain

boss

Altcoins offer investors and traders an alternative to big cryptocurrencies within the market. Since the start of this week, these major cryptocurrencies like Bitcoin and Ethereum have continued to rocket upwards, pulling the majority of the market with them. Bitcoin Cash, a direct fork of Bitcoin, is seeing success after today’s 3% increase in total market cap. According to CoinGecko, the coin is up nearly 15%, making it the lead gainer of today’s market environment. Related Reading Superb Market Conditions Spur Trader Interest The tie between the traditional and crypto…

Altcoin season ahead? Decoding the market trends and predictions

Are current market conditions, including spot Ethereum ETFs and Bitcoin volatility, pointing towards an imminent altcoin season? Read on. In recent weeks, the crypto market has experienced critical shifts, keeping everyone on edge. The turmoil began when the defunct Mt. Gox exchange started repaying its creditors, causing a sharp drop in Bitcoin (BTC) prices and triggering widespread panic, fueling speculation that the bull run might be over. Adding to the uncertainty, the German government initiated a large-scale sell-off of its crypto holdings, pushing BTC prices down further to around $53,700…

What’s Next for the Altcoin Giant?

boss

Ethereum price remained stable above the $3,400 resistance zone. ETH again tested $3,500 and seems to be struggling to continue higher. Ethereum is holding gains and struggling near the $3,500 zone. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,350 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it clears the $3,500 and $3,550 resistance levels. Ethereum Price Faces Key Hurdle, Can It Continue Higher? Ethereum…

Is Altcoin Season Around the Corner? Bitcoin Halving Points to Potential Boom, Analyst Reveals

boss

Although Bitcoin recent price plunge has sent several Altcoins on a free fall, with declines ranging from 30% to 70%, there appears to be a beacon of hope set to shine through the murk. The recent Bitcoin Halving in April is what the altcoin market needs to recover and surge beyond its highest levels. Related Reading Bitcoin Halving: A Gateway to Altcoin Prosperity? Bitcoin usually undergoes a Halving every four years, and this major event halves the block reward for miners in half. This fall in supply has normally triggered…

Crypto Exchanges in South Korea Address Rumors of Mass Altcoin Delistings, Say Fears Overblown: Report

boss

Crypto exchanges in South Korea are reportedly trying to dispel fears that the country’s new digital asset law could lead to a widespread delisting of cryptocurrencies. South Korea will enforce its first digital asset user protection law on July 19th. The legislation will require crypto exchanges to review their altcoin listings and assess the reliability of the coins’ issuers, user protection measures and compliance with regulations. In a new report, Bloomberg says that the country’s crypto exchanges are now pushing back on the idea that the Virtual Asset User Protection…