Tag: Altcoins

Altcoins Takeover? Analyst Says Accumulation Time Will End Soon

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Este artículo también está disponible en español. With only a few weeks before Q4 begins, investors and market watchers remain vigilant of the market’s performance. Many expect the next quarter will kickstart the rally’s second leg up, suggesting that most altcoins will explode in the coming months. Several analysts are bullish about the upcoming performances, hinting that the time to accumulate these cryptocurrencies is near its end and that the alt season is near. Related Reading Investors’ Last Call Before The Altseason Bitcoin (BTC) and Ethereum (ETH) have taken a…

After Their Recent Settlement, Uniswap (UNI) Enters The Top 3 Altcoins Along With Mpeppe (MPEPE) and Aave (AAVE)

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Este artículo también está disponible en español. Uniswap (UNI) has made waves in the cryptocurrency world after a recent settlement that has allowed the decentralized exchange to secure a spot among the top three altcoins. Joining Mpeppe (MPEPE) and Aave (AAVE), Uniswap (UNI)’s newfound momentum is capturing the attention of investors across the crypto sphere. Let’s dive into why these three altcoins are making headlines and why they should be on every investor’s radar. Uniswap (UNI)’s Recent Victory: A Game-Changer for Decentralized Exchanges Uniswap (UNI), a trailblazer in decentralized exchanges,…

Stablecoin inflows surge, investors rush to buy Bitcoin, altcoins

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Crypto investors have started depositing stablecoins in centralized exchanges, showing potential bullish momentum for Bitcoin and altcoins. According to data provided by Santiment, the total exchange net inflow of the top three stablecoins — Tether (USDT), USD Coin (USDC) and Dai (DAI) — reached $141.2 million in the past 24 hours. BTC price, stablecoin exchange net flows – Sept. 10 | Source: Santiment USDT alone saw a net inflow of $101.95 million, followed by USDC’s $34.87 million, per data from Santiment. DAI, the third-largest stablecoin by market cap, recorded an…

Bitcoin and altcoins rise as NFP data point to a large rate cut

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Cryptocurrency prices rose slightly after the U.S. published another weak nonfarm payroll report. Bitcoin (BTC) rose to $56,500 while Ethereum (ETH) jumped to $2,400 on Friday, Sept. 6. In the latest report, the Bureau of Labor Statistics showed that the economy added 142k jobs in August, lower than the median estimate of 164k. The bureau also revised the July figure from 114k to 86k. On Sept. 5, a report by ADP showed that the private sector created just 99,000 jobs in August.  The unemployment rate slipped to 4.2% from the…

Dogecoin Among Altcoins Seeing Deepest Trader Losses: DOGE Rebound Soon?

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Este artículo también está disponible en español. On-chain data shows that Dogecoin (DOGE) is among the altcoins that have observed significant losses for 6-month traders, which may help the coin’s price rebound. Dogecoin MVRV Suggests DOGE May Be Offering A Buy Window In a new post on X, the on-chain analytics firm Santiment has discussed how assets like Dogecoin and XRP (XRP) have been looking like regarding trader returns on various timeframes. The indicator of relevance here is the popular “Market Value to Realized Value” (MVRV), which keeps track of…

Arthur Hayes: Bitcoin Could Slip to $50,000 — Altcoins Could Dive ‘Into the Gutter’

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Arthur Hayes, co-founder of crypto exchange Bitmex, has warned of a scenario where bitcoin could “slowly leak lower towards $50,000” and “altcoins could dive deeper into the gutter.” Focusing on the impact of dollar liquidity and Federal Reserve policies, Hayes remains cautiously optimistic about the long-term outlook, expecting future monetary easing to benefit crypto. Arthur […] Original

Here are 2 other altcoins ready to reach that milestone

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As the market gears up for a potential surge, questions arise about Shiba Inu’s path to $1, Kaspa’s race to catch Solana, and Rollblock’s potential to be the next 100x altcoin. The markets seem to be preparing for a massive uptick, with high optimism. Altcoins generally make much more money than Bitcoin in this period, and some interesting questions abound. Can Shiba Inu reach $1? Can Kaspa sit with…

Why BTC and ETH Outshine, While Altcoins Struggle in 2024

However, the collapse of many key institutional lenders (e.g. BlockFi, Celsius, Voyager, Genesis) hampered the speculative demand these same lenders helped fuel. Though we’ve started to see signs of a recovery, with new entrants like Coinbase’s institutional financing business, this area remains tepid compared to just a few years ago. In addition, today’s higher rate environment offers less incentive to move money on-chain into a choppy market, especially when the alternative is getting paid 5% on your cash or stablecoin holdings to wait and see. Source

Altcoins suffer heavy losses as Bitcoin drops below $59k

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On Aug. 28, most altcoins, including Fantom, Sui, FET and Lido DAO, saw double-digit drops, while Bitcoin, the largest crypto asset, dropped 6% over the past day. At the time of writing, Fantom (FTM), a scalable blockchain platform for DeFi, was down 14% in the last 24 hours. In the same timeframe, the daily trading volume of crypto assets hovered around $294 million while its market cap had slumped by 14%, which now stands at $1.219 billion. Sui (SUI), the native token of the Sui blockchain network, also dropped 11.8%,…

Top Crypto Analyst Goes ‘All In’ On These 3 Altcoins

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Leading crypto analyst Miles Deutscher, boasting a substantial following of over 500,000 on X, spotlights the Tron ecosystem as the next significant opportunity for crypto investors. In his latest video analysis, Deutscher delves into the detailed metrics and developmental strides within Tron, highlighting the best altcoins to invest in. Crypto’s New Shiny Thing Deutscher’s video opens with an extensive review of the Tron blockchain, a platform that has recently outpaced many of its competitors in terms of Total Value Locked (TVL) and transaction volume. “Tron has now become the second-largest…