Bitcoin’s open interest is still relatively high, but analysts cannot say the same for altcoins. The total open interest for alts listed on major crypto exchanges, excluding ether (ETH), has fallen 55% from an all-time high (ATH) seen on March 25. The current aggregated value for these crypto assets is $8.75 billion, indicating that they...Read More
With the release of Pavel Durov, CEO of Telegram, top Toncoin ecosystem tokens have recorded a considerable bullish recovery over the past 2 days. Notably, top tokens such as Toncoin and Notcoin had dropped significantly following the arrest in August. However, uncertainty continues to haunt its investors with over 87% experiencing losses. Moreover, with a...Read More
With the cryptocurrency market losing its status of $2 Trillion, top tokens have failed to hold the values above their crucial support zones. Following this, limelight categories have dropped significantly over the past few days. However, the ongoing market turmoil can turn out to be an excellent opportunity for top altcoins to outperform major cryptocurrencies...Read More
As Bitcoin holds the $59K mark, the minor stability in the broader market puts the AI token on a bullish path. Despite last week’s failed attempt, the FET price regained bullish momentum and is expected to continue with an uptrend next month. Will the uptrend in Fetch.AI surpass $1.50? FET Price Performance With a bullish...Read More
On Aug. 27, on-chain analytics provider Santiment reported that Bitcoin’s recent “mild” price drop was enough to cause a larger decline in total open interest on exchanges. However, OI for Ethereum and Solana has barely declined, it added. Open interest is a measure of the number or value of crypto derivatives contracts that have yet...Read More
Altcoins have made more progress than the high-cap crypto assets over the past few days as markets show further signs of recovery. This has led to renewed calls for altseason from industry analysts and observers. However, they may be a little premature as the big boys usually peak first. When Altseason? On Aug. 26, technical...Read More
With a bullish rebound in the cryptocurrency market, top tokens have successfully breached their important resistance levels. Further, the market leader, Bitcoin price has held its value above the $64K level, indicating increased bullish influence in the space. On the other hand, mid-cap and low-cap altcoins have gained massive attention from investors. This has resulted...Read More
As 2024 comes to a close, excitement in the crypto market is reaching a fever pitch. Investors are honing in on five altcoins with the potential for huge profits. Ready to discover which digital assets could turn investors into millionaires? Let’s take a closer look. Toncoin (TON): The Rising Star Toncoin (TON) is making waves...Read More
After trading under a bearish sentiment for a brief period, the cryptocurrency market has recorded a bullish recovery over the past day. Moreover, the market is currently valued at $2.11 Trillion with a 24-hour jump of 1.48%. Following this, mid-cap and low-cap altcoins have gained attention from the crypto space. This has resulted in them...Read More
The markets appear to have been more volatile since the start of the month when a massive crash occurred. Although the bulls have significant strength, they fail to hold the tokens above the gains. As a result, bears are extracting profits very frequently, which has heated the crypto space as traders appear to have become...Read More
In this market downturn, traders and investors have liquidated over $1.08 billion worth of long and short positions in the last 24 hours. This massive liquidation has created fear across the cryptocurrency landscape. Whales/investors transfer 2.38M SOL to CEXs Amid this fear, investors and whales have transferred a significant 2.38 million Solana (SOL) worth $307...Read More
The ongoing crypto correction triggered by the high-impact news on Wednesday has not spared Ripple Labs-backed XRP in the past 24 hours. The large-cap altcoin, with a fully diluted valuation of about $60 billion and a daily average traded volume of around $2 billion, dropped nearly 8 percent in the last 24 hours to trade...Read More
Amid increased buying and selling pressure in the cryptocurrency market, top tokens have displayed a mixed sentiment in their respective portfolios over the past few days. Further, the price of BTC continues hovering close to its $66K, indicating uncertainty in future price action. However, mid-cap altcoins have gained momentum during this period by adding massive...Read More
According to the host of The House of Crypto, the time has come for a particular cryptocurrency ecosystem to experience major growth. In the previous bull market, Bitcoin saw a 232% rally in a few weeks. However, the biggest gains were not for Bitcoin holders, but for those invested in a specific ecosystem. This time,...Read More
Amid increased price volatility in the cryptocurrency market, the Solana price has successfully regained momentum and has surged 10.56% within the past seven days. With this, the altcoin has surpassed the market cap of Binance (BNB) coin and has claimed the position of the 4th largest crypto token. Following this, top SOL-based altcoins have experienced...Read More
Popular analyst Lark Davis took to his latest video and said that Bitcoin holders might not be ready for what’s coming. Looking at the charts, Bitcoin is showing strong signs of reaccumulation. According to him, Bitcoin, which is currently around $68,000, recently had a breakout and is targeting $72,000 as the next critical resistance level....Read More
Bitcoin is currently at $60,000 and attempting to reclaim the crucial range lows above the current levels. While there are positive signs, there is still more work to be done to confirm a sustained bullish trend. On Crypto Banter’s Kyle Doops Trading Show, the analyst presented a list of coins hitting key support levels, stressing...Read More
This week, the price of Pepe has not shown significant swings, consistently falling below key support levels. While the Bitcoin price has difficulty attracting buyers, the meme coin market is experiencing an increase in liquidations. Furthermore, interest from large-scale investors in the Pepe meme coin has decreased recently, potentially leading to a sharp drop in...Read More
The market has experienced significant volatility over the past 48 hours, leading to unstable conditions in both Bitcoin and the altcoin market. This volatility has particularly impacted Solana, leading to notable liquidations. As a result, a strong battle has been observed between buyers and sellers. Concurrently, various on-chain metrics for Solana have taken bearish positions,...Read More
Andrew Kang, founder of Mechanism Capital, predicted that over 98% of altcoins have already peaked for the current cycle. He noted that only a select few coins might see new highs in late 2024 to early 2025, with meme coins likely to make up most of the coins with the potential to reach new highs....Read More
Today, the cryptocurrency market faced a lot of selling, causing the price of Bitcoin to fall sharply below important support levels and head toward a low of $59,000. This drop was triggered by an announcement from Mt. Gox about starting repayments, which led to fears of more selling. At the same time, the price of...Read More
With the top cryptocurrencies continuing to display a consolidated price action, the low-cap and mid-cap memecoins have displayed increased price action by adding significant valuations to their respective portfolios. Moreover, this highlights an increase in the buying pressure for memecoins in the cryptocurrency market. With the rising dominance of memecoins in the crypto space, are...Read More
Santiago R Santos, a well-known figure in the crypto world, recently shared his market outlook for the rest of 2024. Here’s a concise breakdown of his key predictions: My theses for the rest of 2024: 1. We end the year at ATHs for majors (BTC, ETH, SOL) 2. Tokens with big unlocks continue to underperform....Read More
The analyst/host of The House of Crypto took to his latest video and said that there’s potential for a massive bounce back for altcoins, particularly as Bitcoin dominance appears to be declining. Historically, this has signaled the onset of an altcoin season. He discusses specific altcoins that are currently rebounding and explores the broader market...Read More
Following the conclusion of Ethereum’s ongoing case with the SEC, the cryptocurrency market has experienced a strong bullish reversal with top tokens recording significant gains in their respective valuation. Moreover, the Ethereum price has jumped 3.5%, resulting in it reclaiming the $3.5K mark. With this, top Ethereum-based tokens such as ENA and ENS have successfully...Read More
As Bitcoin’s price declines from its recent peak of $70K to the low of $65K level, the once-lucrative meme coin market is feeling the pressure. The sector had previously offered robust returns exceeding 500% among the top tokens by market capitalization. Now, traders are cautiously eyeing potential gains in meme coins amid the downturn. However,...Read More
While bitcoin remains in consolidation, around 10% away from its all-time high, the altcoins are crashing and wiping out most of the gains made in the March crypto market rally. Calls for altseason have diminished, and the overall crypto market and social sentiment are low. There are a few factors that contribute to this altcoin...Read More
The volatility in the cryptocurrency market is on a constant rise, highlighting increased price action. However, top tokens have failed to gain momentum, resulting in them recording significant corrections in their respective portfolios. With the current market situation, investors have expressed increased concerns about the upcoming bull rally, and questions like “Is cryptocurrency market going...Read More
After the recent pullback, the crypto markets appear to have ignited a strong recovery phase, as most of the tokens have triggered a decent rebound. While the token Toncoin (TON) marked a fresh high of around $8.24, other altcoins like Lido DAO (LDO) initiated a strong rebound. Here’s what to expect from these tokens if...Read More
Crypto markets have declined more than 5% over the past seven days as $150 billion has left the space, primarily from low-cap digital assets. However, this altcoin decline has been going on for months, according to the chief analyst at Real Vision, Jamie Coutts. “Smaller cap crypto assets have been taking it on the chin...Read More
