Tag: Altcoins

Bitcoin and these 4 altcoins are showing bullish signs

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Cryptocurrency markets lack any signs of volatility going into the year-end holiday season. This suggests that both the bulls and the bears are playing it safe and are not waging large bets due to the uncertainty regarding the next directional move. This indecisive phase is unlikely to continue for long because periods of low volatility are generally followed by an increase in volatility. Willy Woo, creator of on-chain analytics resource Woobull, anticipates that the duration of the current bear market may “be longer than 2018 but shorter than 2015.” Crypto…

Privacy Coins Take a Beating This Year Losing Over $6 Billion, Anonymity Takes a Back Seat to Defi, NFTs – Altcoins Bitcoin News

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The last 12 months have been tough on digital currency investors as the crypto winter has caused a large sum of value to leave the once-bustling economy. The privacy coin economy, for instance, shed more than 55% against the U.S. dollar as it dropped from $11.7 billion in Jan. 2022 to the current $5.22 billion. Privacy Economy Loses 55% Against the Greenback, European Union Looks to Ban Anonymizing Cryptos Privacy coins are not talked about like they used to be. These days, the hype and discussions surrounding decentralized finance (defi)…

Bitcoin vs. DXY

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io There has historically been an inverse correlation between #Bitcoin and #DXY. However, we have previously seen the inverse correlation between #DXY and risk assets break down coming out of periods of high #inflation. Let’s dive into the charts and discuss! Into The Cryptoverse Premium: Into The Cryptoverse Newsletter: LIFETIME OPTION: Alternative Option: Merch: Disclaimer: The information presented within this video is NOT financial advice. Telegram: Twitter: TikTok: tiktok.com/@benjamincowencrypto Instagram: Discord: Facebook: Reddit: Website: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube…

FTT Breaks $1 Support for the First Time Since FTX Collapsed, Token Struggles With Dwindling Trade Volume – Altcoins Bitcoin News

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Despite FTX’s collapse last month, the trading platform’s crypto token FTT had managed to not plummet all the way down to zero, and surprisingly it hovered below the $2 per unit region after Nov. 12, 2022. For 38 days FTT remained above the $1 per unit area up until Dec. 19, as the token suddenly crashed below the $1 region during the mid-afternoon trading sessions, slipping to a low of $0.89 per FTT at 2:30 p.m. (ET). Bankrupt FTX’s Exchange Token FTT Drops Below the $1 Price Range Ftx token…

BITCOIN MAX PAIN SCENARIO!!! 🚨 INSANE CORRUPTION EXPOSED!!! [this could be the end…]

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Bitcoin faces a week full of events: SBF to testify, CPI, FOMC, new KYC enforcement, Ripple vs SEC, and of course, the uncertainty around GBTC & Genesis. However, what if there is a scenario even worse than $10k #BTC? Billionaire Arthur Hayes believes the bottom is already in! 💰 *$56,210 BONUS!* 💰 ❇️ Join Bitget ►► 🔥 Get Up To *$18,000 BONUS* (Use THIS Link👆) 📺 Bitget Tutorial: 🔥 Ledger Wallets ►► 📺 Ledger Tutorial: 🔶 ByBit Bonus ►► 🔥 Get Up…

Stablecoin BUSD’s Supply Shrunk by 3.24 Billion in 3 Days, Market Cap Is Down 20% Since Last Month – Altcoins Bitcoin News

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While billions of dollars in crypto assets have been withdrawn from Binance, the world’s largest exchange in terms of volume, the stablecoin BUSD has seen its coins in circulation drop considerably during the last three days. While 20% of BUSD’s supply was drained since last month, statistics show that 14.77% of the reduction took place on Dec. 13. BUSD’s Supply Declined by 3.24 Billion Since Dec. 13 Amid the speculation surrounding Binance and the large number of withdrawals (over $3B) that took place on Dec. 13, 2022, the stablecoin BUSD…

Tron’s Stablecoin USDD Deviates From the $1 Peg, Justin Sun Says Team Deployed More Capital – Altcoins Bitcoin News

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The Tron-based stablecoin USDD has once again dropped below the $1 parity to a low of $0.969 on Monday, Dec. 12, 2022. Amid the drop in USDD’s value, Tron founder Justin Sun tweeted that his team was “deploying more capital,” and the stablecoin’s web portal usdd.io claims the project is overcollateralized by 200.8% at the time of writing. Justin Sun Tells Crypto ‘Lads’ to Hold ‘Steady’ as USDD Team Deploys More Capital Tron’s stablecoin USDD is the eighth largest dollar-pegged token and it’s ranked 57 in terms of the largest…

This Week XRP Whales Moved Millions of Tokens to Exchanges and Unknown Wallets – Altcoins Bitcoin News

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During the past 30 days, the crypto asset xrp has gained more than 17% in value against the U.S. dollar. Meanwhile, the crypto community has been noticing significant xrp whale movements during the past week as one whale moved 143,000,000 xrp worth more than $55 million on Dec. 9, and another whale moved 40,000,000 xrp worth more than $15 million from the exchange Bitso to an unknown wallet. Xrp-Whales Move Massive Tokens Over the Last 7 Days On Saturday, Dec. 10, 2022, the crypto asset xrp (XRP) has been trading…

Stats Show Ethereum Transaction Fees Have Remained Under $5 During the Last 175 Days – Altcoins Bitcoin News

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Fees tied to the Ethereum network have been under the $5 region per transaction during the last 175 days, according to statistics. Metrics show that on Dec. 10, 2022, the average ethereum transfer is around 0.0023 ether or $2.87 while the median-sized gas fee is around 0.00097 ether or $1.23 per transfer. Ethereum gas metrics recorded on etherscan.io indicate high transfer fees are even lower than the median and average-sized gas payments. Post-Merge Ethereum Fees Continue to Remain Much Lower Than Last Year On Nov. 9, 2021, the average transaction…

Crypto Exchange Coinbase Adds Support for Two Low-Cap Ethereum Altcoins, Sparking Rallies

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Top US crypto exchange Coinbase has given support for two Ethereum (ETH)-based altcoin projects as markets continue to consolidate. In an announcement via Twitter, Coinbase says it will be adding support for Aragon (ANT) and Rocket Pool (RPL) on the Ethereum network on December 8th when sufficient liquidity levels are achieved. With a market cap of $91 million, Aragon aims to be a framework for building decentralized autonomous organizations (DAOs), allowing users to easily construct DAOs on the Ethereum blockchain. Its native token ANT allows users to vote on proposals.…