Tag: Altcoin

While Ethereum Shines, Analyst Reveals Top ‘Under-Radar’ Altcoin

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In a recent post on X, renowned crypto analyst Alex Wacy outlined his perspectives on the current state of the crypto market and his top pick for an “under-the-radar” altcoin following the recent price surge of Ethereum. Despite its position as the 9th largest cryptocurrency by market capitalization, Wacy remains bullish on the potential of Toncoin (TON), a third-generation blockchain. “Altseason is coming while Ethereum shines. Now is the time to pick your biggest bets with high conviction. L1s are about to boom, and here is my under-radar pick!” Wacy…

Altcoin Season Soon? Quant Says This Ethereum Pattern Could Suggest So

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A quant has explained how a pattern currently forming in the Ethereum Open Interest could imply the altcoin season is coming “sooner than expected.” Altcoin Season May Be Approaching Soon Based On Ethereum Pattern In a CryptoQuant Quicktake post, an analyst has discussed about why an altcoin season may be coming soon for the cryptocurrency sector, based on a trend taking place in a couple of Ethereum and Bitcoin indicators. The first metric of relevance here is the “Open Interest,” which keeps track of the total amount of derivatives positions…

Crypto Exchange Coinbase Adds Bitcoin Ecosystem Altcoin to Its Listing Roadmap

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Coinbase, the largest crypto exchange in the US, has announced the potential future listing of an altcoin within the Bitcoin (BTC) scaling ecosystem. The exchange announced that Core (CORE) is now on its listing roadmap, meaning the exchange will possibly list it for trading in the future. Core is designed to be a hyper-scalable complimentary smart contract platform to Bitcoin. Core’s ecosystem consists of several major components, including its Satoshi Plus consensus mechanism, its non-custodial staking and its native version of wrapped Bitcoin. CORE currently has a market cap of $1.96…

SEC targets Ripple’s stablecoin; What to expect from Bitcoin & this new AI altcoin in May?

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple, known for its XRP token, is back in the headlines, but this time, it’s about their upcoming stablecoin launch.  Yep, you heard right. Ripple’s planning to drop its own stablecoin later this year, but it looks like they’ve caught the watchful eye of the SEC. Brad Garlinghouse, Ripple’s CEO, isn’t shy about calling out what he sees as the U.S. government’s overreach, especially concerning Tether, the giant in…

Fantom leads altcoin rally; Near Protocol eyes $10 as GFOX meme coin pumps 30%

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The crypto market saw a strong recovery today following the CPI report that US inflation is now at 3.4%. Bitcoin pumped 7% to $66k on the news, while some altcoins, such as Fantom (FTM), rose by almost 30%.  AI coins also reacted well to this news, with Near Protocol (NEAR), one of the leaders in the AI crypto sector, pumping 17% today. Meanwhile, some low-cap meme coins did well…

XRP & Cardano Whales Load Up Bags: Preparation For Altcoin Rally?

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On-chain data shows that XRP and Cardano whales have been accumulating recently, which can be bullish for the prices of these altcoins. XRP & Cardano Whales Have Gone On A Buying Spree Recently As analyst Ali explained in a new post on X, XRP whales have seen their holdings go up over the last couple of weeks. The indicator of relevance here is the “Supply Distribution” from the on-chain analytics firm Santiment, which tells us about the total amount of assets the different market groups hold. Related Reading The whale…

Bitcoin’s blitz above $66k bolsters altcoin gains 

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Bitcoin recorded one of its best trading days in nearly two months, galvanizing market sentiment and capital deployments.  According to CoinMarketCap, six cryptocurrencies posted double-digit price gains as Bitcoin (BTC) zoomed past $66,000 in the last 24 hours and grew over 6% on May 15.  At press time, data showed that Fantom (FTM), Sei (SEI), Immutable (IMX), Core (CORE), THORChain (RUNE), and Sui (SUI) each boasted increases of more than 10% in token price. May 16 top gainers | Source: CoinMarketCap QCP Capital: Bullish Bitcoin signs afoot Following Bitcoin’s break…

Crypto Analyst Shares Top AI Altcoin Investments This Month

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In an analysis of the current landscape at the nexus of artificial intelligence and altcoins, crypto analyst Prithvir (@Prithvir12) recently shared insights via X that highlight both the opportunities and pitfalls in the AI coin market this month. His analysis covers upcoming AI catalysts, their impact on specific tokens, and personal investment recommendations, shedding light on the nuanced strategies required in this volatile segment. In-Depth Look At The AI Crypto Market Prithvir underlines a series of significant events in the AI space that are anticipated to directly impact the crypto…

Analyst Who Predicted Solana’s 1,100% Move Reveals Where The Altcoin Is Headed Next

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Crypto analyst Javon Marks has provided insights into the future trajectory of Solana (SOL) after it hit a 1,100% return. The analyst is known to have called the crypto token’s previous high correctly, which is one reason his latest prediction is worth keeping an eye on.   Solana Could Rise To As High As $453 Marks mentioned in an X (formerly Twitter) post that despite its recent pullback, Solana’s price may be getting ready for another price rally. He noted that a move of over 54% may already be in the…

Top Crypto Exchange Binance To Roll Out Support for New Altcoin Connected to Telegram Game

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Top global crypto exchange Binance plans to launch trading support for a new altcoin connected to a viral game on the encrypted messaging platform Telegram. Binance plans to roll out support for NOT, a community token for the popular Telegram-based tap-to-earn mining game Notcoin, via its Launchpool platform, which lets users stake coins to farm new assets. Between May 13th and 16th, Binance users can stake BNB, the crypto exchange platform’s native asset, as well as the stablecoin First Digital USD (FDUSD) into separate pools to farm NOT tokens. The…