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Altcoins

Institutions Ignoring Altcoins, Betting on Bitcoin: Bybit Research

According to research by Bybit, institutional traders have expressed a significant bullish sentiment towards Bitcoin, mixed sentiments regarding Ether, and a general air of skepticism towards altcoins. From December 2022 to September 2023, the study provides an insightful look into trading behaviors and asset allocation amidst significant market fluctuations. Institutional Traders Favor BTC, Moving Away from Alts The study reveals a significant shift in the institutional...

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Another Bitcoin ETF Sent for Approval: Altcoin Season Has Officially Begun, Everlodge, Conflux, Fantom: Cryptos to Watch

Pando Asset AG recently submitted an application to the SEC for a Bitcoin ETF. This move places Pando among many contenders as it is now the 13th company to seek approval. This interest shows the growing appetite for cryptocurrencies, signaling the official start of the altcoin season. As the market awaits the SEC’s decision, investors are also eyeing altcoins like Conflux (CFX) and Fantom (FTM). But, Everlodge (ELDG) is another interesting token that comes with an entirely...

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Analysts Expect Coinbase Rally to Continue, What Does it Mean for Altcoins Like Pullix & PancakeSwap?

In the same month that FTX founder, Sam Bankman-Fried and Binance CEO, Changpeng Zhao were found guilty of fraud allegations and criminal charges respectively, Coinbase experienced a remarkable surge with value increasing by 60% in that same month. However, will this upsurge continue for Coinbase? While we discuss this possibility, we’ll also delve into the chances of PancakeSwap and Pullix to surge even higher. Coinbase (COIN) May Rally Even Higher, Says Experts To begin...

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Bitcoin (BTC) Neared $45K But Cardano (ADA) Skyrocketed by 30% Daily (Weekend Watch)

Bitcoin resumed its bull run in the past 24 hours and neared $45,000 for the first time since May 2022 but failed to overcome that level. Nevertheless, numerous altcoins have outperformed BTC, with ADA, DOT, and AVAX standing out as the most prominent examples. BTC Came Close to $45K Last Saturday, precisely a week ago, BTC became its most recent run resulting in nearing $40,000. After failing to overcome that level at first and trading below it on Sunday, Monday started with...

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Bitcoin Cash Analysis: Indicators Suggest Fresh Rally To $275

Bitcoin cash is eyeing a fresh increase above the $252 resistance against the US Dollar. The price is now trading above the $240 zone and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $250 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $250 and $252 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $240 against the US Dollar,...

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Litecoin (LTC) Price Analysis: Bulls In Action Above $75

Litecoin started a steady increase above $72 against the US Dollar. LTC price is now trading above $73.50 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $74.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $76.20 and $78.00 resistance levels. Litecoin price is showing positive signs above $72 against the US Dollar, like Bitcoin. LTC price...

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Galaxy Fox (GFOX) Presale Closes in on $700K Amidst Bitcoin’s Blazing Rally

Headlines have been dominated recently by the news that Bitcoin soared past the $43k barrier, after months of consolidating in the $30K region. Crypto is known to be an industry where there’s no shortage of options to diversify a portfolio, regardless of what the investor’s risk appetite is. Galaxy Fox ($GFOX) is a new altcoin that brings forward a deflationary model and a wide range of utilities, so let’s have a look. >>VISIT $GFOX PRESALE<< Galaxy Fox ($GFOX) –...

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L2 Crypto Project Blast Crosses $822M in TVL Ahead of Next Year’s Mainnet Launch

Blast has announced that it is hiring for senior DevOps engineer and senior protocol engineer to ensure a timely mainnet launch in February 2024. Amid the heightened demand for liquid staking on the Ethereum (ETH) network from institutional investors, Blast protocol, a layer two (L2) project backed by Paradigm venture capital and Standard Crypto, has set a new record in Total Value Locked (TVL) and community members. According to the latest market data provided through DeBank, Blast...

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Popular Analyst Predicts XRP Price to Rally Over 2000% Based on Golden Cross Pattern

XRP has shown little or no action of late but its luck may just be about to change, according to popular crypto analyst JD. XRP has shown little or no action of late but its luck may just be about to change, according to popular crypto analyst JD. JD’s submission is based on a historical pattern of movement called the “golden cross”. And XRP may have just formed one on the 4-day timeframe. In an explanation via a recent X post, the analyst explained that a golden cross is formed when an...

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IEEE to Execute Credentialing System on Avalanche in Zupple Labs Partnership

IEEE’s influence spans a wide range of sectors, including publications, conferences, technology standards, and professional and educational activities. The Institute of Electrical and Electronics Engineers (IEEE), the world’s largest technical professional organization with over 426,000 members across 160 countries, has taken a pioneering step towards enhancing the security and efficiency of its credentialing system. In a strategic partnership with Zupple Labs, IEEE is set to implement a...

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