Wall Street institutions are eyeing the altcoin market
Wall Street, altcoins, cryptocurrency, Wall Street institutions have set their sights on the altcoin market. Golden Finance, Bitcoin has pulled back, and altcoin ETFs have soared.
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Wall Street, altcoins, cryptocurrency, Wall Street institutions have set their sights on the altcoin market. Golden Finance, Bitcoin has pulled back, and altcoin ETFs have soared.
BTC, altcoins, Golden Observation | Long wait: When will the harvest season of altcoins come? Golden Finance, one side is fire and the other side is sea water, altcoins are in urgent need of great wealth
在笔者看来,在BTC一度创出新高后山寨币齐齐下跌的奇特市场背景下,Defi板块,尤其是其中的头部项目可能迎来了其诞生以来最佳的布局时刻。
Despite the Ethereum ETF approval, it is highly unlikely that other altcoin ETFs will receive significant approval any time soon.
10X Research further elaborated on this point in a newsletter.
In the next six months, the scale of altcoin unlocking will reach US$20 billion, and nearly US$6 billion of new tokens will be issued every month.
Cryptocurrency market analysts believe that the decline in altcoins may be related to the recent large outflows from spot Bitcoin ETFs.
After the “shock” of the past four months, the altcoin market may present “some opportunities” for investors.
What would the passage of an Ethereum ETF mean for your favorite altcoins? Some altcoins would clearly benefit, but some, like Solana, would likely suffer.
Analysts say the sideways movement in the Bitcoin dominance chart could be a reversal signal that could kick off the entire altcoin season.