Tag: Altcoins

Libra’s co-creator favors Bitcoin over ‘centralized’ altcoins

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Libra co-creator David Marcus says Bitcoin’s alternatives are too centralized and not secure enough. Lightspark CEO David Marcus is apparently a big fan of Bitcoin (BTC), as he believes that the cryptocurrency made by Satoshi Nakamoto is the only “viable neutral settlement asset” that can “usher in a new era of global real-time payments.” Lately, there’s been more debate around the value of the #Bitcoin Lightning Network. Based on the work we’ve been doing @Lightspark for the past 18 months, I will share my honest view. First things first —…

Crypto Analyst Projects $7 Trillion Market Cap For Altcoins

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The altcoins market has been on a tear over the past few weeks, thanks to the resurgence of the premier cryptocurrency, Bitcoin, and the shifting climate of the general crypto market. Although the recent momentum of the altcoin market seems to be waning, there is still broad optimism amongst many investors and analysts. Mags, a popular crypto analyst on the X (formerly Twitter) platform, has offered insight into the current landscape of the crypto assets class and its future prospects as the bull market seemingly approaches. Altcoins To Go Parabolic…

Analyst Explains Why The King Of The Altcoins Is Destined For $10,000

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Crypto analyst Tony The Bull, founder of CoinChartist, has revealed why Ethereum is destined to cross $10,000. According to the crypto analyst, the king of the altcoins has its top just right after $10,000 using the Fibonacci extension. How Ethereum Gets To $10,000 In the latest issue of the CoinChartist newsletter, crypto analyst Tony The Bull used the Hurst Cycle Theory which showed cyclical reoccurrence across the ETH/USDT chart. As the analyst explains, the uptrend noticed in the Ethereum charts has usually come from the accumulation of the token. Tony…

Crypto Analyst Reveals 10 Top Altcoins To Watch This Week

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The altcoins market has recently witnessed a resurgence of interest and confidence, primarily driven by the largest cryptocurrency, Bitcoin (BTC). This renewed enthusiasm has resulted in a bull uptrend, with most of the top 100 cryptocurrencies benefiting from Bitcoin’s resurgence.  However, the market is currently experiencing a correction as Bitcoin and Ethereum (ETH) face pullbacks after failed attempts to breach upper resistance lines. Despite this correction, crypto analyst Miles Deutscher shares insights and highlights several altcoins with potentially significant gains. SOL Emerges As Safe Haven In Crypto Market Correction Solana…

Altcoins to Watch Out for as Bitcoin, Ethereum, Solana Cool Off after Impressive Rally

Bitcoin and some large-cap altcoins have experienced significant resistance in the past few days pushing crypto traders to small-cap and meme coins’ speculation. The crypto cash flow has been moving from Bitcoin (BTC) and large-cap altcoins like Ethereum (ETH), Solana (SOL), and Chainlink (LINK) to small-cap and meme coins as indicated by the traded volume. According to market data provided by Binance-backed Coinmarketcap, the daily average traded volume for meme coins was up approximately 121 percent to around $3.2 billion. On the other hand, Bitcoin and Ether’s trading volume had…

Fake BlackRock XRP Filing Weighs on Altcoins as SOL, AVAX, LINK Decline 8%-12%; Bitcoin (BTC) Slumps 2%

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An already lower crypto market was shaken up further by the fake news. SOL, which was a leader of the altcoin rally by more than doubling in price in a month, tumbled to an 8% loss over the past 24 hours. LINK and AVAX plunged more than 10% and 13%, respectively. Cardano’s (ADA), Polkadot’s (DOT) and dogecoin (DOGE) were each lower by 5%-7%. Original

Altcoins are finally joining the current bitcoin rally as crypto investors turn risk-on

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Altcoins were in rally mode this week after lagging bitcoin in its recent climb to new 2023 highs. While bitcoin touched an 18-month high and ether broke through the key psychological level of $2,000 for the first time since April, the real spikes were in the rest of the crypto market. Solana notched a 40% weekly gain, Polygon’s MATIC token gained 25% and Cardano’s ADA advanced 17%. Bitcoin and ether rose 8% and 15%, respectively, for the week. “The crypto space has largely been a one-man show over the past…

Altcoins Market Share Versus Bitcoin At A 4 Month High: What’s The Trigger?

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Looking at Kaiko’s data shared on November 7 by Dessislava Ianeva, a Research Analyst at the blockchain analyst firm, it is evident that altcoins market share versus Bitcoin (BTC) has been rising in the past four months, reaching a 4-month high, the highest level since July 2023. The surge in market share can be attributed to multiple factors but primarily because of the upswing in Bitcoin prices, improving sentiment across the crypto market, and project-related developments that have attracted capital over the past few trading months. Altcoins market share versus Bitcoin rising…

Top 3 Altcoins For November 2023 That Could 100x Your Crypto Portfolio

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Altcoins have become one of the most preferred ways for crypto investors to secure massive gains in the industry especially given Bitcoin’s massive growth rate in the last decade. Because a lot of these altcoins have significantly smaller market caps, they tend to have a lot of runway for growth, making them an enticing option. So here is a list of the top 3 altcoins that could 100x your crypto portfolio in the coming bull market, in no particular order. Memecoin (MEME): The New Meme Crypto Memecoin (MEME) is the…