Tag: Altcoins

Bitcoin and ether stand ground this week while altcoins tumble on the SEC’s Coinbase crackdown

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It’s “business as usual at Coinbase” while the crypto market waits for the exchange’s legal battle with the SEC to unfold over the coming months, possibly years. This week the Securities and Exchange Commission continued its crackdown on the crypto industry, suing the largest exchange in the world, Binance, on Monday only to go after the largest exchange in the U.S., Coinbase, the following day. The agency alleged Coinbase has been operating as an unregistered exchange, broker and clearing agency, and that its staking program violates securities laws. Coinbase shares…

IOTA is down by over 10% as bitcoin and altcoins struggle 

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The price of MIOTA, IOTA’s native cryptocurrency, has decreased by more than 10% in the last 24 hours, making it one of the top losers of the day. Major cryptocurrencies, including bitcoin (BTC) and ether (ETH), have also witnessed corrections. While the global cryptocurrency markets reacted positively to the recent US debt ceiling agreement, with the price of bitcoin temporarily surging to the $28,447 price region on May 29, the euphoria has gradually died down, as…

InQubeta stands out from altcoins like VeChain and Harmony

InQubeta, an AI-based project, has created a buzz in the crypto market. Its presale is doing well such that altcoin whales from vechain (VET) and harmony (ONE) are exploring the project.  What’s the reason behind this shift? Staking QUBE: a win-win for investors and AI start-ups Investors who stake QUBE on the InQubeta platform can enjoy various benefits. This is an option for those seeking to increase their returns while supporting the growth and success of AI technology start-ups. You can earn rewards from the dedicated reward pool when you…

These four altcoins could be ready for an up-move if Bitcoin rallies above $27,500

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Inexperienced traders usually chase prices higher during the end of the bull phase as they fear missing out on the rally. However, institutional investors tend to wait for the froth to settle before entering. Bitcoin’s (BTC) bear market in 2022 ended the hype that was seen in 2021. Fred Pye, CEO of 3iQ, Canada’s first Bitcoin fund issuer, said in an interview with Cointelegraph that as “the FOMO in Bitcoin is gone” institutional investors and portfolio managers have started to take a look at it as “a serious venue.” Crypto…

Bitcoin Shows Dull Movement, Altcoins Take Charge, Litecoin, XRP Gain Momentum

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Amid the subdued activity in Bitcoin and Ether and no catalyst in sight, investors are finding opportunities in altcoins and other small cap crypto assets. After facing selling pressure earlier this week, the world’s largest cryptocurrency Bitcoin (BTC) has been now hovering around $27,200 levels. Investors are keen to know what could be the next directional move for BTC. However, the BTC price remains range bound between the support of $26,600 and the resistance of $27,600 on the upside. While the trading activity in Bitcoin remains subdued, altcoins make a…

Bitcoin’s recovery may trigger buying in these 4 altcoins

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The S&P 500 Index (SPX) closed the week with a nominal loss of 0.29% but Bitcoin (BTC) is on target to finish the week with a deeper cut of more than 5%. The weakness in Bitcoin pulled several altcoins lower, indicating weakening sentiment. A silver lining is Bitcoin’s solid bounce on May 12. Several analysts anticipate Bitcoin to start a recovery but monitoring resource Material Indicators sounded cautious. In a recent analysis, they said that the lack of a strong bid from the whales at lower levels could be a…

bitcoin, ethereum, XRP, and altcoins bracing for weekend downturn

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin (BTC), ethereum (ETH), ripple (XRP), and other top 10 coins by market cap are down, sliding from recent peaks. Coins may post even more losses over the weekend. Cryptocurrency prices are struggling to regain momentum as the market grapples with several challenges, such as diminished liquidity, increased regulatory scrutiny in the United States, and macroeconomic headwinds. Cryptocurrency prices by market cap | Source: CoinGecko Bitcoin As the crypto market heads for a looming downturn, bitcoin experienced…

Study Reveals Top Countries Fueling Meme Coin Interest in 2023 – Altcoins Bitcoin News

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In 2023, meme coins have maintained their popularity, and the recent surge of PEPE demonstrates that investors remain enthusiastic about meme-centered tokens. A fresh study from Coingecko reveals that a significant portion of meme coin fascination originates from the United States, India, and the U.K., encompassing over half of the top ten countries’ interest driving the meme coin phenomenon. Report Unveils Global Meme Coin Fever On May 3, 2023, crypto market aggregator coingecko.com unveiled a report detailing the leading ten countries propelling the meme token trend. As of this writing,…

Meme Coin PEPE’s Market Cap Surpasses $1B with 896% Surge Over the Past Week – Altcoins Bitcoin News

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As per the latest statistics recorded before the weekend, the meme token PEPE has witnessed a massive surge in value, following its recent listing on the crypto exchange Binance. In just seven days, the crypto asset has skyrocketed by 896% against the U.S. dollar, making it the third-largest meme token in terms of market valuation. Amid the price spike, PEPE’s market cap now exceeds the $1 billion mark. Green Frog Crypto Asset PEPE Makes Waves in Meme Economy Dominated by Dogs Dogecoin (DOGE) and shiba inu (SHIB) have a new…