Tag: Altcoins

Bitcoin holds the bulk of its gains from this week’s rally to $100,000, altcoins turn bullish

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Key points: Bitcoin holding $100,000 as a level of support would confirm the current trend change. Ether leads among altcoins, and DeFi tokens could follow. Bitcoin (BTC) broke above the psychologically critical $100,000 level on May 8, and the bulls are trying to hold on to the level on May 9. In an X post, CoinGlass said that Bitcoin’s rally resulted in $837.80 million in short liquidations in a 24-hour period, the largest since 2021. Bitcoin’s rally also lifted several major altcoins, which soared above their respective overhead resistance levels.…

Robinhood to Create a European Blockchain to Trade US Securities, Sending Altcoins Up

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Robinhood is about to shake up the finance world again. The trading app is planning to build its own blockchain platform to enable European investors to trade tokenized U.S. securities. The idea is as bold as it is historic: turn stocks and ETFs into blockchain-based assets, and open access to more than 8K U.S.-listed securities for a brand-new audience overseas. This wouldn’t only push traditional finance deeper into the crypto space, but it also positions Robinhood in…

Here’s why altcoins like Stacks, Flare, Jasmy, and Dogecoin rising

Bitcoin and most altcoins rose on Wednesday as investors cheered the upcoming US-China trade talks. The market also reacted positively to a drop in crude oil prices ahead of the Federal Reserve’s interest rate decision. Bitcoin (BTC) rose to $97,000, its highest level since February, giving it a market cap of over $1.92 trillion. Top altcoins like Stacks (STX), Flare (FLR), JasmyCoin (JASMY), and Dogecoin (DOGE) jumped by over 3%.  The primary catalyst for the rally is the planned meeting between senior US and Chinese officials in Switzerland this weekend.…

Bitcoin dominance hits 4-year high as altcoins lose steam: Binance Report

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Crypto markets saw 9.9% gains in April, led by Bitcoin, as tariff pauses boosted sentiment. Bitcoin (BTC) strengthened its dominance even as crypto markets are recovering. On Tuesday, May 6, Binance Research released a report on the state of the crypto markets in April. The report points out that the markets have recovered, gaining 9.9% over the month, largely thanks to pauses on tariffs. Despite the broader recovery, Bitcoin’s dominance has continued its steady rise, a trend ongoing since 2022. Currently, Bitcoin accounts for 63% of the total crypto market…

Best Altcoins to Buy as Institutional Bitcoin Buying Set to Outpace Retail

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin has emerged as the market’s top hedge option against rising geopolitical uncertainty and cross-border tensions. The institutional adoption of $BTC has increased during the last couple of months. Sergej Kunz, founder of 1inch (exchange aggregator),…

Bitcoin dominance soars above 64%: altcoins face uphill battle

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Bitcoin’s dominance relative to other major cryptocurrencies continues to soar reaching a new 4-year high. Bitcoin’s (BTC) dominance has surged to 64%, a four-year high, signaling its unrivaled strength in the cryptocurrency market. This metric, which measures Bitcoin’s share of the total crypto market capitalization, reflects a growing preference for Bitcoin as a safe haven amid economic uncertainty. As BTC’s price hovers above $96,000, institutional inflows via ETFs and corporate treasury adoption, like Metaplanet’s 5,000 BTC holdings, are fueling this rally. But what does this mean for other major blockchain…

Crypto Analyst Reveals Best Altcoins To Watch In May

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The final week of April delivered a jolt of optimism to a crypto market that has spent most of the year wrestling with macro cross-currents. Bitcoin’s resilience above the…

Best Altcoins on Solana to Explode as Investor Interest in $SOL ETF Skyrockets

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. According to Bloomberg Intelligence, the likelihood of US regulators approving a Solana ETF (exchange-traded fund) is now a whopping 90%. This is particularly noteworthy because the company’s odds for a $SOL ETF were just 70% back…

Why are Bitcoin and altcoins like XRP, Pepe, VeChain going down?

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Bitcoin, altcoins, and the stock market are down on Wednesday after a series of weak economic data from the United States. Bitcoin (BTC) price dropped below $94,000, much lower than this month’s high of $96,000. Similarly, top altcoins like Ripple (XRP), Pepe (PEPE), and VeChain (VET) dropped by over 5% in the last 24 hours.  The total market capitalization of all cryptocurrencies decreased by 3.6% in the same period, falling to $3.03 billion. U.S. stock indices were also in the red, with the Dow Jones Industrial Average was down around…

Best Crypto to Buy Now as Crypto Market Shifts Bullish. Could Altcoins Rally?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. After a two-month-long downfall, which saw the total market cap of the top meme coins fall from $116.6B to just $40B, the meme coin market is up and running again. It has gained a staggering 45%…