With Bitcoin’s future growth driven by institutional investments and ETFs, the CryptoQuant head advises altcoins to create unique approaches to draw fresh capital. Altcoins may need to rethink their reliance on Bitcoin’s (BTC) momentum and focus on drawing fresh capital through independent strategies, CryptoQuant CEO Ki Young Ju says. In an X post on Nov. 27, Ju highlighted that the dynamics of capital flowing into Bitcoin have changed, with institutional investors and spot ETFs now driving the current rally. Why is altcoin season delayed? Compared to the last cycle, the…
Tag: Altcoins
Altcoins ‘Starting To Run’ After Hitting Key Level, Altseason Next?
Este artículo también está disponible en español. As Bitcoin continues to move above the $90,000 mark, Altcoins began to reach new highs. The sector has recently reclaimed a key two-year level that could set the stage for a retest of 2021’s highs. Some analysts consider that Altcoins’ recent performance could kickstart the long-awaited Altseason. Related Reading Altcoins Market Cap Reclaims 2022 Levels The total crypto market has seen a remarkable performance for the past 21 days, jumping to a market capitalization of $3.36 trillion. This surge, fueled by the US…
Top 5 Altcoins Set To Explode This Bitcoin Bull Run
Bitcoin faces resistance enroute to its $100,000 target, with a likelihood of consolidation. This has sparked a fresh interest in the altcoin market. In 2021, altcoins delivered massive gains to traders when Bitcoin paused its rally, and a similar scenario may be unfolding this cycle. With traders anticipating another potential breakout, we analyse key altcoins that could rally once more if Bitcoin takes a breather. This deep dive explores five altcoins from the 2021 bull run that are showing signs of gearing up for an explosive move this cycle. Bitcoin…
Crypto Exchange Kraken Adds PNUT, NEIRO, NOT and 16 Other Altcoins to Listing Roadmap
Crypto exchange giant Kraken is adding a slew of altcoins to its listing roadmap, signaling upcoming additions to its suite of products. On its updated listing roadmap – which is typically used for transparency and to prevent the front-running of tokens prior to them being listed – the second-largest crypto exchange platform in the US says it’s going to be adding 19 altcoins. Some notable digital assets on the roadmap include memecoins Peanut the Squirrel (PNUT) and Neiro (NEIRO), and tap-to-earn gaming token Notcoin (NOT). Other memecoins being added include…
Altcoins Continue To Surge Following Trump’s Victory – More Gains Ahead?
The crypto market has been on an uptrend following the US elections in early November. In particular, the altcoins have responded quite positively to the election of pro-crypto candidate Donald Trump as the next US President. XRP, ADA, TON, Others Stand Out Amidst Bullish Altcoins Performance In its weekly report on November 22, blockchain analytics firm CryptoQuant reported that several altcoins have experienced large price spikes after the US Presidential election on November 5. The analytics firm reports that daily spot trading volume in the altcoin market reached $18 billion on…
Altcoins Shine as Crypto Economy Hits $3.29T: OM, XLM, ADA and XRP Drive the Frenzy
This week, the crypto economy soared to an astounding $3.29 trillion. Bitcoin (BTC) rose by 10%, while ether (ETH) followed closely with a 9% uptick. Meanwhile, a wide array of alternative digital currencies posted impressive gains, with many achieving growth in the double- and even triple-digit range. From DOGE to XLM, Crypto Market Thrives As […] Source CryptoX Portal
Two Solana Ecosystem Altcoins Jump After Crypto Exchange Bithumb Announces Trading Support
Two Solana (SOL)-based altcoins are rallying amid sudden support from the South Korean crypto exchange Bithumb. Bithumb announced spot trading support starting on Tuesday for memecoin PONKE (PONKE) and automated market maker (AMM) protocol Raydium (RAY). Amid the news, monkey-themed PONKE has shot up more than 7% in the last 24 hours, trading for $0.77 at time of writing. The memecoin is up more than 90% in the last 30 days. With a market cap of $424.4 million, PONKE is the 198th largest crypto project. PONKE also recently gained spot…
Below Summit Levels: Altcoins Dream of Peaks as Bitcoin Stays Close to Glory
At 3:40 p.m. EDT on Friday, bitcoin (BTC) was priced at $91,046, reflecting a 2.4% dip from its all-time high (ATH). Here’s a breakdown of the remaining top ten cryptocurrencies and their current standing compared to their previous ATHs. Bitcoin Inches Toward the ATH Reached 2 Days Ago, While Altcoins Struggle Below Previous Peaks At […] Original
Bitcoin pumps 10% to break $89K; traders now buying these altcoins for the bull cycle
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin surged past its March ATH to over $89K, sparking trader interest in altcoins like Pepe Unchained, Dogecoin, AIOZ, and Crypto All-Stars What happened after Bitcoin broke its March all-time high (ATH) last week shocked everyone – it has continued to surge and now trades above $89K. But as Bitcoin teeters on the revered $90K mark, traders are pouring funds into altcoins such as Pepe Unchained, Dogecoin, AIOZ Network,…
Bitcoin Blazes Ahead, But Altcoins Steal the Show – Is ‘Altcoin Season’ Finally Here?
While bitcoin has been climbing swiftly, a variety of alternative crypto assets have outpaced it, prompting speculation that altcoin season might be near. Speculation Swirls Around ‘Altcoin Season’ This week, bitcoin repeatedly shattered its own record highs, even reaching new peaks multiple times today. While bitcoin has shown significant value gains in U.S. dollars, some […] Original