marketanalysis

Altcoin Season on Hold: OTHERS Dominance Remains Subdued

Altcoin Season on Hold: OTHERS Dominance Remains Subdued

The cryptomarket isn’t really geared up for an altcoin season right now, even with OTHERS dominance comparable to 2021 highs. Though the low OTHERS dominance in 2021 came right before a massive altcoin run, the conditions of the market today appear to be pointing toward an opposite fate. All OTHER...

Cowen's Altcoin Warning: 3 Key Metrics That Could Prove Him Wrong

Cowen's Altcoin Warning: 3 Key Metrics That Could Prove Him Wrong

Altcoins to continue bleeding out against Bitcoin – that’s the warning issued recently by crypto analyst Benjamin Cowen, which has the entire crypto community abuzz, and for good reason. The man's got a track record. In particular, he wants to underscore the power of US monetary policy. He identifies the...

Altcoin Market Primed for 2025 Surge as Bitcoin Dominance Faces Downturn

Altcoin Market Primed for 2025 Surge as Bitcoin Dominance Faces Downturn

Setting the stage for a potential 2025 altcoin market surge, altcoin dominance has bottomed out. Bitcoin dominance is about to hit a very key level at around 65% and that is expected to lead to a big drop. Altcoin dominance reaches its lowest ever point. Bitcoin dominance is set to...

Buterin's Warning Cracks Ethereum's Facade

Buterin's Warning Cracks Ethereum's Facade

And just yesterday, Vitalik Buterin, the co-founder of Ethereum, raised that alarm very seriously. He admonished the growing centralization and resulting security risks imperiling projects purporting decentralization. Buterin gave a scathing critique of the industry while holding a very symbolic cracked Ethereum logo. His challenges to the status quo have...

Tokenization Mania: Is Ethereum's Rally Justified?

Tokenization Mania: Is Ethereum's Rally Justified?

Ethereum is the second-largest cryptocurrency by market capitalization and has enjoyed a significant price run recently. The rally is largely fueled by the growing hype around the potential of tokenization. Yet this process, called tokenization, is simply the digitization of a real-world asset on a blockchain. As BlockOpulent decodes the...

XRP's 40% Surge: Is This the Calm Before the Macroeconomic Storm?

XRP's 40% Surge: Is This the Calm Before the Macroeconomic Storm?

We've all seen it. Oh, that tempting green candle pointing to the heavens, guaranteeing your fortune and a quick getaway from the day-to-day grind of fiat. XRP pumped to lead a cohort of altcoins, including LINK, SEI, and SUI. Even with the overall market tanking, these coins showed some jaw...

Altcoins SUI, SEI, and LINK Defy Market Downturn with 40% Surge

Altcoins SUI, SEI, and LINK Defy Market Downturn with 40% Surge

The altcoin market followed suit as we entered July, with its total capitalization plunging to just below the $1.29 trillion mark. Despite this overall slump, SUI, SEI, and LINK swam upstream, recording increases as much as 40%.Sui’s ecosystem has seen daily transaction volumes soar past $500 billion. This white hot...

Cardano's ADA Rally: Is This the Real Deal or a Mirage?

Cardano's ADA Rally: Is This the Real Deal or a Mirage?

Okay, let's talk about this ADA rally. You’ve caught the news, perhaps even experienced a touch of FOMO as it sunk in. Up over 6%? Beating Bitcoin? Sounds like a party, right? Before you don your dancing shoes and get started, let’s pump the brakes for just a second. Here’s...

Ethereum to $3K? Experts Predict ETH Breakout This July!

Ethereum to $3K? Experts Predict ETH Breakout This July!

Ethereum (ETH) is the second-largest crypto by market capitalization. Today it is charting a different course, one rife with institutional intrigue, technical chart derring-do, and moving narrative markets. BlockOpulent.com takes a closer look at these variables. We give readers a succinct and easy-to-understand look at the factors driving Ethereum’s price...