Tag: Altcoins

cryptocurrency volatility spotlight on Bitcoin & altcoins

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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. Amid Bitcoin’s price decline and market volatility, analysts still see a glimmer of hope in the long-term potential of Bitcoin and other altcoins. Bitcoin’s journey in 2024 Bitcoin (BTC), the world’s leading cryptocurrency by market capitalization, began 2024 with solid momentum, bolstered by significant institutional interest and retail investments. However, it faced a substantial decline by April, falling to $57,000. This marked its most significant drop since April 2022,…

Crypto Analyst Lists 6 Must-Buy Altcoins With The Most Potential

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As the crypto market exhibits signs of a burgeoning altseason, crypto analyst Alex Wacy has shared a strategic forecast with his 175,000 followers on X. Wacy predicts a selective yet explosive growth phase for altcoins, emphasizing the critical nature of asset selection and market timing. Crypto Market Outlook And Asset Selection Strategy Wacy’s recent thread underscores the anticipation of a massive altseason: “Only ~15% of altcoins will bring 10-100x in this hyper growth. Asset selection matters more than ever. One slip-up, and you’re out.” His analysis highlights the potentially selective…

Ethereum, altcoins are unregistered crypto securities 

Bitcoin maxi Michael Saylor opined that several crypto altcoins, like Ethereum and Ripple, will not achieve institutional acceptance this decade.  MicroStrategy Executive Chairman Michael Saylor told attendees of the annual Bitcoin (BTC) For Corporations event that Wall Street regulators view “everything down the stack” as unregistered crypto asset securities.  “You could see the writing on the wall when the spot ETF of Bitcoin was approved in January. By the end of May, you’ll know that Ethereum is not going to be approved, and when Ethereum is not approved this summer,…

Crypto Pundit Lists 4 Altcoins To Buy Once The Bitcoin Price Bottoms

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Crypto analyst DonAlt has listed four altcoins he will buy once he believes that Bitcoin’s price has bottomed. The analyst further provided insights into why he is particularly bullish on these altcoins.  Ethereum Is Number One On The Altcoins List DonAlt mentioned in an X (formerly Twitter) post that he will buy “ETH, DOGE, LTC, and maybe PEPE” whenever he believes BTC has bottomed. In a video posted on his YouTube channel, he gave insights into why he was bullish on these crypto tokens, especially Ethereum. The crypto analyst mentioned…

Arthur Hayes Shares His Top Altcoins

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In his most recent publication dated May 2, 2024, Arthur Hayes, the founder of exchange BitMEX, shared his insights into the crypto market’s recent tumultuous behavior and the broader macroeconomic signals shaping potential future trends. Titled “Mayday,” his essay directly addresses the crypto market, which has experienced significant volatility since mid-April. Stealth Money Printing Is Commencing Hayes begins by noting the observable distress in the crypto markets, which he attributes to a confluence of factors including the end of the US tax season, anticipatory fears about Federal Reserve policy decisions,…

Bitcoin Dominance Peaked, Says Analyst, Altcoins to Take Charge?

CoinspeakerBitcoin Dominance Peaked, Says Analyst, Altcoins to Take Charge? The world’s largest cryptocurrency Bitcoin has come under strong selling pressure extending its weekly losses to more than 10%. Soon after the FOMC meeting on Wednesday, May 1, Bitcoin (BTC) price tanked another 5% dropping to the lows of $56,500, before bouncing back partially. Popular crypto analyst Michaël van de Poppe recently stated that the “Bitcoin dominance has already peaked” while it’s time for altcoins to shine. “Altcoins start to wake up in their Bitcoin pairs, which means that the rotation…

Exploring altcoins poised for a breakout: Near Protocol, Ripple, NuggetRush

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto analyst Bluntz predicts a new high for Near Protocol at $12, while whales buy over 600m XRP, and NuggetRush sees over 270 million tokens sold with investors eyeing a rally. Bitcoin and Ethereum are undoubtedly the two biggest names in the cryptocurrency market. While investors are aware of the growth potentials of these top crypto coins heading into the bull market, there are other altcoins with bigger upside…

Altcoins In Trouble As Seasoned Analyst Predicts 40% Drop In Prices

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Altcoins have suffered more in the crypto market following the Bitcoin price crash, leaving a lot of investors in losses. This is not out of the ordinary as these altcoins are known to have a higher volatility compared to Bitcoin, hence, their price swings can be more pronounced. Given the recent decline, the expectation is that the altcoins will recover. However, one analyst does not agree with that assessment. Altcoins Headed For 40% Crash In an analysis posted on X (formerly Twitter), seasoned crypto analyst Benjamin Cowen shocked the crypto…

These Altcoins Are Set To Inject Billions Into The Crypto Market By May

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May 2023 is poised to become a landmark month for the crypto market, with major token releases slated to inject substantial liquidity and potentially catalyze shifts in market dynamics. Key developments from AEVO and PYTH and significant contributions from other projects are set to channel over $3 billion into the sector. Substantial Crypto Releases Set the Stage Token Unlock, a platform dedicated to tracking the release schedules of digital assets, indicates that May will witness one of the most substantial influxes of tokens into the cryptocurrency market this year. At least…

Traders Preferring The OG To Dogecoin & Other Altcoins

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On-chain data suggests Bitcoin has recently experienced an influx of investors while Dogecoin, Cardano, and other altcoins have seen a slowdown. Bitcoin Total Amount Of Holders Rise While Altcoins See Flat Movement According to data from the on-chain analytics firm Santiment, the number of Bitcoin investors has sharply increased recently. The on-chain metric of interest here is the “Total Amount of Holders,” which keeps track of the total number of addresses on a given network carrying some non-zero balance. When the value of this indicator goes up for any asset,…