AltCoins

Altcoins rally while Bitcoin bulls are thwarted by resistance at $34K

A handful of altcoins posted double-digit gains while Bitcoin’s relief rally was halted by resistance at $34,000. Bitcoin’s (BTC) tumble below $30,000 was short-lived as the top cryptocurrency found a new wave of support, including a $10 million ‘buy the dip’ moment from MicroStrategy.  Data from Cointelegraph Markets and TradingView shows the strong inflows have […]

901
Like
Save
Bitcoin bulls buy BTC’s $35K support retest as altcoins push higher

Bitcoin’s lower support retest was bought up by bulls, preparing BTC for another push to $40,000. Calls for Bitcoin (BTC) to rally above $40,000 were dashed as the top cryptocurrency hit a wall of resistance which sparked a sell-off in the early trading hours.  Data from Cointelegraph Markets and TradingView show the price of BTC […]

35
Like
Save
Altcoins to Watch: AAVE, XLM, BCH

Continue reading at Coinspeaker

1,392
Like
Save
Bitcoin Suddenly Drops 13% as Altcoins Continue to Rise

Bitcoin is charting a typical bull market correction amid increased expectations for price volatility.

461
Like
Save
Ethereum Plunges Under $600 as Altcoins Crash

Ethereum has plunged lower over the past day as a result of strong selling pressure in the altcoin market. It began with XRP, which began to drag lower after it was revealed that the U.S. Securities and Exchange Commission (SEC) would be suing the Ripple company. ETH now trades for $590 but traded as low […]

1,435
Like
Save
Altcoins Could See a Raging Bull Market if Bitcoin Continues Trading Sideways

Altcoins have been rocketing higher throughout the past few days and weeks, reaping the rewards of a stable Bitcoin and high Ethereum prices. Tokens within the decentralized finance sector – commonly referred to as DeFi – have been some of the biggest beneficiaries of the recent market-wide strength. Yearn.finance is currently trading up well over […]

896
Like
Save
Polkadot (DOT) Jumps 9% as Altcoins Bleed; What’s Driving This Rally?

Polkadot’s native cryptocurrency DOT was among the biggest gainers in the last 24 hours even as other top altcoin projects reported losses. The DOT/USD exchange rate rose about 9 percent, hitting $4.93 as its intraday high during the European trading session Tuesday. The rally emerged out of nowhere, with no concrete fundamentals backing it as […]

745
Like
Save
Altcoins Outperform Bitcoin In Shocking Crypto Market Resurgence

Bitcoin Pauses To Build Momentum For Massive Bull Breakout Q2 2020 hedge fund letters, conferences and more The adverse economic events of the year have revealed the global economy’s susceptibility to natural disasters. The effects of the COVID-19 pandemic have also divulged that a stock market in the dumps is bad for investors that trade […]

608
Like
Save
Bitcoin Will “Bring Pain” to Altcoins as It Recaptures Market Dominance

Bitcoin has seen some notable upside today that has put a firm end to its multi-week bout of trading between $9,000 and $9,300. The cryptocurrency is now flashing some signs of strength as buyers attempt to propel it past its crucial near-term resistance at $9,500. It appears that this latest movement higher has come about […]

1,198
Like
Save
Analyst: Altcoins Will “Rage Dump” Against Bitcoin as Momentum Pauses

Altcoins have strongly outperformed Bitcoin over recent weeks, with some gaining dozens of percent as BTC has flatlined in the low-$9,000s. Analysts expect altcoins to soon underperform BTC as bullish momentum in the altcoin market peters out. The drop has already begun, with some of the altcoin market’s hottest properties, so to say, posting poor […]

657
Like
Save
Market Wrap: Derivatives, Altcoins Take Market Spotlight as Bitcoin Dozes at $9,100

Derivatives and altcoins are providing excitement as bitcoin spot trading stays dull.

407
Like
Save
Bitcoin Closing Beneath One Crucial Level Could Decimate Altcoins

Bitcoin flashed some subtle signs of weakness yesterday that sent shockwaves throughout the cryptocurrency market This caused many major altcoins to shed a significant amount of their value, putting at least a temporary end to the intense market-wide uptrend seen by Bitcoin’s smaller counterparts The crypto is now once again sitting just above its crucial […]

1,384
Like
Save
Fund Manager: Selling Bitcoin to Buy Hot Altcoins Is “Super Risky”

There’s been a strong move by many Bitcoin investors over recent weeks to accumulate altcoins. The premise of many of these investments is that one can potentially garner more BTC by trading popular altcoins, be that Cardano, Dogecoin, or otherwise. Pseudonymous analyst “PlanB” confirmed this. Citing a poll the prominent Bitcoin investor conducted, he wrote […]

848
Like
Save
As Altcoins Rally, Blockstream CEO Says Bitcoin Is the Only Crypto

Even compared to Bitcoin, altcoins have done well for themselves over recent months. As one crypto data analyst observed early last month, BTC has actually underperformed small cap, medium cap, and large cap altcoins. Some argue that this a byproduct of better technology; others say that altcoins were oversold and are seeing a needed relief rally. […]

771
Like
Save
Are Altcoins Worth Investing in Right Now?

Continue reading at Coinspeaker

1,325
Like
Save
Analyst Who Predicted Bitcoin’s 2018 Bottom: Altcoins May Plunge in 2021

It’s been an incredibly strong year for altcoins thus far. Versus Bitcoin, many have outperformed. As reported by Bitcoinist previously, the small-cap, medium-cap, and large-cap altcoin indexes from crypto exchange FTX have outperformed Bitcoin since the start of 2020. Bitcoin vs. low-cap, mid-cap, and large-cap altcoins chart shared by cryptocurrency trader Ceteris Paribus (@Ceterispar1bus on […]

146
Like
Save
A Hacker Just Drained $500k in Ethereum & Altcoins From a DeFi App

Ethereum’s budding decentralized finance ecosystem has gone parabolic over recent weeks. The value of cryptocurrencies locked in DeFi applications has skyrocketed to $1.65 billion, 65% higher than this metric was just 12 days ago. Simultaneously, the number of users leveraging applications like Compound, Maker, and Synthetix has skyrocketed. Unfortunately, a purported hack just took place […]

977
Like
Save
Here’s Why Bitcoin’s Slow Speed Hasn’t Given Rise to “Faster” Altcoins

Throughout 2017 and 2018, many altcoin-advocates pointed to Bitcoin’s lack of transactional speed as a reason why it would be usurped by other smaller alternatives. “Speed” naturally became a selling point of many altcoins. That being said, this was not enough to generate any type of investor interest or extreme utilization. One prominent Bitcoin investor […]

21
Like
Save
Bitcoin Analyst Explains Why Money Is Poised to “Flow Out of Altcoins,” Boosting BTC

It’s been an explosive past few weeks for altcoins but not for Bitcoin. As the leading cryptocurrency has stalled in the $8,000s and $9,000s as BTC investors have found themselves at an impasse, certain altcoins have ripped higher. Just look at the table below, shared by Taha Zafar. It shows that over the past week […]

755
Like
Save
Crypto Tidbits: Bitcoin Fails at $10k, Ethereum Coins Explode, Coinbase Looks to Add 18 Altcoins

Another week, another round of Crypto Tidbits. It’s been yet another volatile week for the Bitcoin market, just like the last. This week, the leading cryptocurrency made an attempt at breaking the crucial $10,000 resistance yet again, rallying as high as $10,050 on some exchanges and $10,160 on BitMEX. Many were quick to think that […]

743
Like
Save
Altcoins Could Face Capitulatory Decline as Crypto Market Hits Key Resistance

The aggregated cryptocurrency market has been struggling to spark a macro uptrend due to Bitcoin’s inability to break above $10,000 This has led it to form some heavy resistance just above its current market cap – with this level potentially being insurmountable in the near-term Analysts are also pointing to altcoins severe underperformance of Bitcoin […]

590
Like
Save
Crypto Market Faces Massive Resistance as Traders Expect Altcoins to Dive

The crypto market is flashing some overt signs of weakness as Bitcoin leads most major altcoins lower Although some smaller tokens have been able to escape these losses, the aggregated market recently tapped a major resistance level, opening the gates for major downside This has led traders to widely note that Bitcoin and other major […]

689
Like
Save
Are Altcoins Silver To Bitcoin As Gold? Unusual Correlation Discovered

Bitcoin has long been referred to as the digital counterpart to the scarce physical asset and precious metal, gold. But could altcoins be the digital silver to Bitcoin as digital gold? According to an incredibly bizarre correlation, altcoins are nearly perfectly tracking alongside silver, albeit across different timeframes. What exactly does this mean, and is […]

281
Like
Save