Tag: Altcoin

Crypto Guru Arthur Hayes Bets On This Under-The-Radar Altcoin

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Arthur Hayes, a well-known crypto investor and former CEO of BitMEX, has reportedly made a major purchase of the little-known altcoin Aethir (ATH), amounting to 11.4 million tokens, valued at approximately $779,000. This transaction was identified and reported by on-chain data analytics firm Lookonchain. According to the firm, the purchase was made on crypto exchange OKX. Tracking Arthur Hayes on Etherscan | Source: X Lookonchain Shortly after Hayes’ acquisition, another purchase was reportedly made by a whale. A different anonymous investor acquired 28.87 million ATH, worth around $1.95 million, across…

Arthur Hayes Predicts When Altcoin Season Will Begin

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Bitcoin, Altcoin Bull Run Will Return: Arthur Hayes Reveals When

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In a new essay, Arthur Hayes, the co-founder of crypto exchange BitMEX, has outlined a bullish future for Bitcoin and altcoins. His analysis, focused on the interplay between government liquidity operations and asset prices, suggests a looming bull market in the crypto space, driven by strategic fiscal maneuvers by the US Treasury. When Will The Bitcoin Bull Run Return? Hayes compares the quality of water in brewing coffee to the liquidity in financial markets, illustrating that just as the quality of water is crucial for making a good cup of…

Altcoin Boasts 10% Gains As Rest Of Market Falters

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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%

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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

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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

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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…