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Why Are Many Altcoins Down Bad? It's Not Because Of Meme Coins, VC Points Out
Monday, May 20, 2024 - 8:06am | 695A new article by Haseeb Qureshi, Managing Partner at Dragonfly, challenges popular narratives surrounding the recent slump in altcoin prices. What Happened: Qureshi’s article challenged three prevalent theories regarding the underperformance of these altcoins: venture capitalists (VCs) and...
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'Dogecoin Killer' Shiba Inu Burn Rate Spikes 800%, Crypto Market Rallies As Sentiment Soars And More: This Week In Cryptocurrency
Sunday, May 5, 2024 - 1:15am | 709The week was a rollercoaster ride for the cryptocurrency market. The crypto world was buzzing with news, from Shiba Inu’s surging burn rate to speculation of certain altcoins becoming irrelevant. Major cryptocurrencies like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO:...
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Altcoin Bloodbath Incoming? Crypto Analyst Predicts Crash Similar To 2019 After ETH/BTC Support Breaks
Tuesday, April 16, 2024 - 5:15am | 659Cryptocurrency analyst Benjamin Cowen has cautioned investors about buying the dip in alternative coins, citing a historical precedent of a significant drop. What Happened: Cowen drew attention to the last time ETH/BTC support broke in 2019, which led to a drastic 70% fall in “Alts”...
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Crypto Analyst Unveils Reasons Behind Latest Altcoin Crash, Forecasts Rebound Amid Turmoil
Sunday, April 14, 2024 - 1:56pm | 550The crypto analyst known for accurately predicting the end of Bitcoin's (CRYPTO: BTC) bull market in 2021 has shared insights into the recent downturn in the altcoin market. On Friday, pseudonymous crypto strategist Pentoshi shared his view on X, formerly known as Twitter, that the...
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This Ethereum-Related Coin Has 'Nasty Price Moves,' Trader Warns
Thursday, April 11, 2024 - 4:50pm | 641Altcoin Sherpa, a popular pseudonymous cryptocurrency trader, has expressed bearish sentiments towards Arbitrum (CRYPTO: ARB), expecting the price to drop to $1.20 or lower. What Happened: Sherpa expressed concern over the “nasty price moves” of the Layer-2 Ethereum (CRYPTO: ETH)...
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Crypto Analyst Benjamin Cowen Warns of Summer Correction Amid Bitcoin Dip
Wednesday, April 10, 2024 - 1:15pm | 488A popular crypto analyst has issued a warning to investors, suggesting that the Federal Reserve’s monetary policy decisions could significantly impact the cryptocurrency market in the coming months. What Happened: In a recent Youtube video, Benjamin Cowen emphasized the importance of...
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Invest In Altcoins Now Or Wait? What Experts Say Might Surprise You
Wednesday, March 27, 2024 - 3:13pm | 969Altcoin Sherpa, a popular analyst, shared an optimistic outlook on the altcoin market. On X, the cryptocurrency commentator pointed to the consolidation pattern in the chart of Render (CRYPTO: RNDR), a project focused on decentralized GPU rendering. He noted the similarity of this pattern to...
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As Bitcoin Consolidates, Altcoins Set To Skyrocket After 'Very Healthy' Correction, Says Top Crypto Trader
Tuesday, March 26, 2024 - 9:17am | 812As the cryptocurrency market continues to navigate through its volatile landscape, a notable crypto analyst has shared an optimistic outlook for altcoins following a significant market correction. What Happened: A prominent cryptocurrency analyst, Michaël van de Poppe, has forecasted a significant...
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XRP Rallies 18% To Join Monday's Top-Performing Cryptocurrencies: 'It's Just The Beginning,' Says Trader
Monday, March 11, 2024 - 5:04pm | 722XRP (CRYPTO: XRP) is currently trading 17.9% higher, making it among Monday's top-performing cryptocurrencies amid rising whale transactions and community developments. What Happened: According to whale alert data, 94 million XRP tokens have been moved from Binance into unknown wallets...
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Dogecoin, Pepe, Shiba Inu Rally Raises Hopes For Impending Altcoin Season: '...Will Start Outperforming About The Time We Are Now'
Saturday, March 2, 2024 - 2:07am | 863As meme coins like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) rally, analysts are predicting a potential “altcoin season,” hinting at a shift in cryptocurrency market dynamics. What Happened: While Bitcoin has been outperforming smaller tokens, analysts think that the recent...
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Cardano Will Be 'The Most Valuable Altcoin' When Market Tops, Says Crypto Analyst; Total Value Locked Above March 2022 Peak
Thursday, December 14, 2023 - 1:53pm | 576Cardano's (CRYPTO: ADA) token is on a roll, having gained 40% in the past seven days and 76% over the past month. The DeFi ecosystem on the blockchain is seeing robust activity in projects that are built on the Cardano network. What Happened: Cardano-based projects witnessed a significant...
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Legally Tangled Binance Unveils First Likely Choice For Altcoin Listing
Saturday, October 14, 2023 - 10:31am | 537Crypto trading platform Binance.US has updated its digital asset listing process, in addition to adding new digital assets to its platform. In a statement, the company said it will announce select altcoin assets that are under consideration for listing based on market demand,...
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Whale Activity Weekly Round-Up: XRP Witnesses Significant Dump, ETH, OP Token Incite Interest
Friday, October 6, 2023 - 4:42pm | 1045Whales are major players in the industry who accumulate or dump tokens of various types of cryptocurrencies. They either take advantage of prices, macroeconomics, accumulate tokens or leverage falling prices to buy the token. Movements in whale activity sometimes impact the price of tokens and...
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Ethereum/Bitcoin Pair Could Crash To 0.03200000 BTC, Analyst Warns
Thursday, September 21, 2023 - 1:24pm | 508Noted crypto analyst Benjamin Cowen has shared insights on the Ethereum/Bitcoin (ETH/BTC) pair, suggesting a potential bearish trend in the near term. Cowen's observations come at a time when the crypto community is keenly observing market movements, especially as Bitcoin (CRYPTO: BTC) halving...
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Dogecoin's Future, Altcoin Predictions And PayPal's Digital Currency: Top Crypto Stories This Week
Sunday, August 13, 2023 - 8:08am | 663The cryptocurrency world was abuzz this week with predictions, launches, and significant transfers. From Dogecoin’s potential breakout to PayPal’s new stablecoin, the crypto landscape continues to evolve rapidly. Here’s a look at the top stories that shaped the week. Dogecoin...