Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The frenzy surrounding the anticipated bull market peaked in late November as crypto fund inflows hit two-year highs. $346 million were recorded in net inflows, the largest since the last bull market in 2021. Amidst this, Bitcoin (BTC) and Ethereum (ETH) reached price levels last seen in 2022. Optimism around the approval of crypto spot ETF products can be linked to the current market upswing and surge in crypto…
Tag: Altcoin
Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain
Coinbase, the biggest crypto exchange in the US, is listing a new altcoin project built on its proprietary Ethereum (ETH) layer-2. In a new announcement made through the Coinbase Assets account on the social media platform X, Coinbase announces they are listing Seamless (SEAM). According to the Seamless website, the crypto project is the first “native, decentralized, non-custodial lending and borrowing protocol” built on the Coinbase-backed layer-2 scaling solution Base. Project incubator Coinbase says Base is designed to offer a safe, low-cost, developer-friendly way to build on-chain. The layer-2 network is…
Crypto Exchange Binance Announces Upcoming Listing for New Low-Cap Altcoin Project
Top global crypto exchange Binance is about to list a new gaming-related altcoin project, according to the company. In a new announcement, Binance says that it will add Fusionist (ACE) to its Launchpool platform, which allows users to stake coins in exchange for new ones. ACE is the native token of Endurance, a decentralized gaming and social blockchain, which Fusionist, a Web3 AAA game, will use as its mainnet. Staking of ACE is expected to start Wednesday, Binance says, and open trading of the altcoin could begin December 18th. When…
Bitcoin and Ethereum prices cool off, traders bullish on this altcoin
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. After a euphoric week, leading cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) ended Sunday in the red, and selling continued to this week’s open. Currently, Bitcoin is trading at $42.1K, down 4.07% today, while Ethereum is at $2.23K, down 4.87%. However, traders continue to rally behind Bitcoin ETF Token as its presale surges toward $3.5 million. Market overconfidence corrected, but analysts fear another flush Warning signs of a steep correction…
Bitcoin may hit $50K on altcoin ‘FUD’ as Ethereum, Solana beat gains
Bitcoin (BTC) struggled to hold above $43,000 into Dec. 8 as an altcoin surge put Ether (ETH) in the spotlight. BTC/USD 1-hour chart. Source: TradingView ETH, SOL step up as Bitcoin takes liquidity Data from Cointelegraph Markets Pro and TradingView showed ongoing BTC price consolidation as ETH/USD added up to 7.6% in around 24 hours. Bitcoin, having tapped new 19-month highs of $44,490 earlier in the week, now troubled market participants as both ETH and Solana (SOL) stole attention. $BTC Binance Spot Bids sold into and filled it seems Decent…
Kaiko says beginning of altcoin season may be approaching
According to a Dec. 6 post on X from Kaiko, the altcoin market share volume reached 67% last week, with Bitcoin and Ethereum sitting at 28% and 11%, respectively. As suggested by a leading source of cryptocurrency market data, this indicates a shift in investor sentiment and a growing appetite for altcoins. Chart watch With notable momentum since October, cryptocurrency enthusiasts are eagerly watching the charts, speculating whether this surge marks the beginning of a full-fledged altcoin season, a market cycle in which the price of a significant number of…
Surpassing Bitcoin, Altcoin Surge Next?
For the first time in 2023, the Ethereum price has outperformed Bitcoin across several metrics, hinting at a fundamental shift in market structure. The second cryptocurrency by market capitalization follows the general sentiment in the sector, setting new yearly highs. As of this writing, the Ethereum price trades at $2,300 with a 4% profit in the last 24 hours. Over the previous week, the cryptocurrency recorded a 10% profit, with most of the altcoin sector still lagging the current price action. ETH’s price trends to the upside on the daily…
Hedge Fund Predicts Stacks (STX) As Best Altcoin Mid-Term
North Rock Digital, a player in the digital assets hedge fund arena, recently made a bold prediction regarding the altcoin Stacks (STX). In a statement released on X, the fund highlighted its investment strategy and reasoning for STX being the best altcoin to long at the moment. “When looking for long ideas, we target those with strong fundamentals, supportive tokenomics, and significant upcoming catalysts. STX stands out with the most compelling catalyst path over the next few months and the greatest chance to rerate,” the fund stated. In-Depth Analysis Of…
BIGTIME, ORDI Tokens Lead Nearly $250M in Altcoin Liquidations
Some $15 million in ORDI bets were liquidated, followed by $12 million on BIGTIME. These consisted of both longs, or bets on higher prices, and shorts, or bets against. Prices of both these tokens whipsawed in the past 24 hours, impacting traders on either side. Source
USTC skyrockets after LUNC vote, AI altcoin trends Reddit
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The crypto world has come to life once again, with the collapsed TerraClassicUSD (USTC) and Luna Classic (LUNC) on the rise. They’ve been making some big moves recently, and there’s a lot of chatter about a new revamp proposal. This jump in interest and value has everyone talking about these tokens again, wondering what’s next for them. In the midst of all this, there’s a new ICO, InQubeta (QUBE)…