Tag: Altcoins

Dogecoin Among Altcoins Seeing Deepest Trader Losses: DOGE Rebound Soon?

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Este artículo también está disponible en español. On-chain data shows that Dogecoin (DOGE) is among the altcoins that have observed significant losses for 6-month traders, which may help the coin’s price rebound. Dogecoin MVRV Suggests DOGE May Be Offering A Buy Window In a new post on X, the on-chain analytics firm Santiment has discussed how assets like Dogecoin and XRP (XRP) have been looking like regarding trader returns on various timeframes. The indicator of relevance here is the popular “Market Value to Realized Value” (MVRV), which keeps track of…

Arthur Hayes: Bitcoin Could Slip to $50,000 — Altcoins Could Dive ‘Into the Gutter’

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Arthur Hayes, co-founder of crypto exchange Bitmex, has warned of a scenario where bitcoin could “slowly leak lower towards $50,000” and “altcoins could dive deeper into the gutter.” Focusing on the impact of dollar liquidity and Federal Reserve policies, Hayes remains cautiously optimistic about the long-term outlook, expecting future monetary easing to benefit crypto. Arthur […] Original

Here are 2 other altcoins ready to reach that milestone

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As the market gears up for a potential surge, questions arise about Shiba Inu’s path to $1, Kaspa’s race to catch Solana, and Rollblock’s potential to be the next 100x altcoin. The markets seem to be preparing for a massive uptick, with high optimism. Altcoins generally make much more money than Bitcoin in this period, and some interesting questions abound. Can Shiba Inu reach $1? Can Kaspa sit with…

Why BTC and ETH Outshine, While Altcoins Struggle in 2024

However, the collapse of many key institutional lenders (e.g. BlockFi, Celsius, Voyager, Genesis) hampered the speculative demand these same lenders helped fuel. Though we’ve started to see signs of a recovery, with new entrants like Coinbase’s institutional financing business, this area remains tepid compared to just a few years ago. In addition, today’s higher rate environment offers less incentive to move money on-chain into a choppy market, especially when the alternative is getting paid 5% on your cash or stablecoin holdings to wait and see. Source

Altcoins suffer heavy losses as Bitcoin drops below $59k

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On Aug. 28, most altcoins, including Fantom, Sui, FET and Lido DAO, saw double-digit drops, while Bitcoin, the largest crypto asset, dropped 6% over the past day. At the time of writing, Fantom (FTM), a scalable blockchain platform for DeFi, was down 14% in the last 24 hours. In the same timeframe, the daily trading volume of crypto assets hovered around $294 million while its market cap had slumped by 14%, which now stands at $1.219 billion. Sui (SUI), the native token of the Sui blockchain network, also dropped 11.8%,…

Top Crypto Analyst Goes ‘All In’ On These 3 Altcoins

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Leading crypto analyst Miles Deutscher, boasting a substantial following of over 500,000 on X, spotlights the Tron ecosystem as the next significant opportunity for crypto investors. In his latest video analysis, Deutscher delves into the detailed metrics and developmental strides within Tron, highlighting the best altcoins to invest in. Crypto’s New Shiny Thing Deutscher’s video opens with an extensive review of the Tron blockchain, a platform that has recently outpaced many of its competitors in terms of Total Value Locked (TVL) and transaction volume. “Tron has now become the second-largest…

Will Bitcoin, altcoins sustain momentum after Powell speech?

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Bitcoin and altcoins staged a strong comeback after Jerome Powell, the Federal Reserve chairman, hinted that interest rates would start falling in September. Bitcoin (BTC) jumped to $64,000 on Aug. 24 while Ethereum (ETH) pushed to $2,765. The total market cap of all coins rose by almost 5% to over $2.26.  The same trend happened in the stock market, where key indices like the Dow Jones, S&P 500, and the Nasdaq 100 approached their all-time highs. Still, there is a risk that gains in the stock and crypto market will…

Altcoins SATS, Dogwifhat, FET and Bonk spike as Bitcoin breaks $64K

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Altcoins SATS, dogwifhat, FET, and Bonk have all surged over 10% over the past day to rank as the top gainers in the crypto market, as Bitcoin, the leading cryptocurrency by market cap, jumped over $64,000 in the same timeframe. SATS SATS (SATS) led the charge among the top gainers on Aug. 24. At last check, the crypto asset was still up 29% in the previous 24 hours, trading at $0.0000004. SATS’s daily trading volume was also up, hovering around $171.3 million. The token’s market cap now stands at $847.5…

Crypto Analyst Reveals Best Altcoins To Buy After This Crash

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In the wake of the market crash of recent weeks, crypto analyst Michaël van der Poppe has provided an analysis of the trajectory of Bitcoin and its impact on altcoins. His remarks centered around Bitcoin dominance and the readiness of the altcoin markets, especially in sectors like Artificial Intelligence (AI) and decentralized finance (DeFi), for a potential rebound and significant growth. Van der Poppe started his analysis by discussing Bitcoin dominance, a metric that reflects Bitcoin’s market capitalization relative to the entire crypto market. The analyst noted that contrary to…

The Altcoins Poised to Deliver 100x Returns in the Next Market Surge

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Investors are constantly seeking the next big opportunity. As the market prepares for its next surge, two altcoins stand out for their potential to deliver extraordinary returns: Solana (SOL) and Mpeppe (MPEPE). Both of these digital assets are gaining traction for their unique offerings and promising prospects, making them prime candidates for substantial gains in the upcoming market upswing. Solana (SOL): The High-Performance Blockchain Solana (SOL) has rapidly emerged as a leading blockchain platform, known for its high speed and low transaction costs. Designed to address scalability issues inherent in…