Analysts at crypto services firm Matrixport think altcoins will be hard-pressed to enjoy much of a rally in the immediate future. A combination of factors paints this grim picture. Major contributing factors are the U.S. Federal Reserve’s monetary policy, macroeconomic uncertainty, and an absence of robust liquidity motivators. The approval...
Sygnum is betting on an altcoin comeback, predicting a major altcoin rally in Q2 2025. Bitcoin recently achieved its highest market dominance in four years. This latest increase has caused many traders and investors to move their investments into the largest crypto by market cap. Sygnum acknowledges that with regulatory...
Bitcoin’s market dominance continues to climb, recently touching 64%, its highest level in more than four years. This resurgence is an important sign post in the cryptocurrency realm. This further illustrates Bitcoin’s strong market position and its increasing dominance over the rest of the cryptocurrency space. The increase has some...
Former U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has sounded the alarm. He worries that crypto assets other than Bitcoin (BTC) aren’t sustainable in the long run. Gensler believes most altcoins lack fundamental economic underpinnings and are largely driven by market sentiment, which he suggests is unsustainable. In...
Analyst and daytrader Benjamin Cowen is bullish on Bitcoin continuing to lead the charge above altcoins. He argues that this trend will go on until the Fed eases its monetary policy. With 892,000 YouTube subscribers, Cowen doesn’t pull his punches. He thinks what the Federal Reserve does, particularly in terms...
Bittensor is a decentralized, open-source protocol designed to leverage blockchain technology to enable collaborative machine learning. It is now showing extremely positive signs that a breakout is developing. At the time of writing, AI token price stands at $254, up more than 2% on the day. In the past 24...
Upbit, South Korea’s popular cryptocurrency exchange, today became the first exchange to announce a listing of WalletConnect (WCT). Even despite these speculative factors, the announcement itself has already triggered a massive pumping of the token’s price. This implementation marks another step forward in the growing adoption of WCT, the native...
In fact, former Securities and Exchange Commission (SEC) Chair Gary Gensler has been sounding the death knell for many altcoins. He thinks that currently the crypto space is driven largely by sentiment and not underlying value. Further, Gensler made a distinction between Bitcoin and other cryptocurrencies, conceding that the latter...
A swift drop in the price of Bitcoin has led to panic selling and news-fueled frenzy on the cryptocurrency market. One tweet from prominent crypto analyst Altcoin Gordon was enough to get this response. He pointed to an unprecedented price collapse and discussed major market indicators. The tweet, sent at...
Remittix is storming up the Cryptocurrency Market. That’s not all, it has the huge potential to dethrone the established players such as Dogecoin and Cardano. The project’s impressive fundraising momentum — powered by the project’s real-world applications and superior technology — has brought plenty of investor attention as well. The...
