AltCoins
Aside from a few rare outliers, over the last several years, owning Bitcoin has been the better investment compared to other cryptocurrencies. Altcoins like Ethereum and others have only recently caught up, and BTC dominance has maintained the lion’s share of the crypto market cap. However, dominance has lost an important trendline dating back four […]
Huobi Asset Management is set to launch a bitcoin (BTC) tracker fund, an Ether (ETH) tracker fund, and a multi-strategy digital asset fund, after successfully gaining the approval of the Hong Kong Securities and Futures Commission (SFC), according to reports on March 4, 2021. Huobi Rolling Out Fresh Crypto Funds With the global cryptocurrency markets […]
The total crypto market cap added $144 billion to its value for the last seven-days and now stands at $1,602 billion. The top 10 coins were mostly in red for the same time period with Chainlink (LINK) and Bitcoin Cash (BCH) losing 10.4 and 12.6 percent while Binance Coin (BNB) added 116 percent to its […]
Over the weekend, altcoins began to pull back after an enormous market-wide rally, starting with Ethereum. And while the market looked to be turning bearish, news of a massive Bitcoin buy made by auto manufacturer Tesla set the crypto market on fire. On Bitcoin pairs, altcoins began to hemorrhage across the board. But according to […]
Etheruem’s rally to a new all-time high is being followed by equally impressive performances from the majority of altcoins. Ether (ETH) led the market higher as it trekked toward another new all-time high at $1,763. ETH CME futures are scheduled to launch on Feb. 9, leading many analysts to predict that the top-ranked altcoin will […]
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 […]
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 […]
Bitcoin is charting a typical bull market correction amid increased expectations for price volatility.
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Derivatives and altcoins are providing excitement as bitcoin spot trading stays dull.
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 […]
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 […]
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. […]