Bitcoin (BTC) is steadily climbing towards a new all-time high, but three altcoins are showing bullish signs that could surpass BTC's performance in March 2024.
SOL has surged since breaking a long-term descending resistance trend line in September 2023, validating it as support. Despite a slight dip from its peak, SOL bounced at the ₿0.0020 horizontal area this week.
Elliott Wave theory suggests SOL is entering wave four, potentially rising by 100% to ₿0.0040. However, a close below ₿0.040 could invalidate this count, triggering a 45% drop to ₿0.0011.
Since October 2022, DOGE has been confined under a descending resistance trend line. However, a recent bounce has ignited optimism, forming a bullish weekly candlestick. Moreover, a bullish divergence in the RSI signals a potential breakout, with targets set at 270 satoshis upon confirmation. Conversely, failure to validate the breakout could prompt a downturn towards 100 satoshis. This potential movement underscores the volatility inherent in cryptocurrency markets.
Breaking a long-standing descending resistance trend line from its all-time high, GRT recently experienced a breakout above the 450 satoshi resistance area. This significant development is further supported by an RSI above 50, indicating bullish momentum. If this breakout sustains, GRT could potentially surge by 90% to reach 900 satoshis. However, investors should exercise caution, as failing to maintain levels above 450 satoshis may trigger a substantial 45% decline, with the next support seen at 280 satoshis. This underscores the importance of monitoring key levels and market dynamics in the volatile cryptocurrency landscape.
Arthur Hayes, the BitMEX co-founder pardoned by Donald Trump, has invested in a stem cell firm with clinics in Mexico and Bangkok. He is also backing crypto treasury firms while warning that the market may already be overheating.
WeatherlyA Pennsylvania lawmaker has put forward a bill to stop politicians and their families from owning or trading crypto while in office. The plan follows claims that Donald Trump has used his role to profit from tokens like his own memecoin.
WeatherlyKanye West, now known as Ye, launched a Solana-based YZY token, sparking a market surge to a $3 billion valuation within 40 minutes. Most of the supply is controlled by insiders, raising concerns about long-term stability despite high trading activity.
AnaisBitcoin has retraced below $117,000 after reaching an all-time high last week, signaling a pause in upward momentum and growing caution among investors.
XingChiDutch cryptocurrency company Amdax is preparing to launch one of Europe’s most ambitious Bitcoin strategies yet: creating a dedicated Bitcoin treasury firm, seeking a listing on Amsterdam’s Euronext, and ultimately aiming to acquire 1% of the total Bitcoin supply.
XingChiThe SEC has delayed decisions on several crypto ETFs, including Bitcoin, Ethereum, Solana, XRP, Litecoin, and Dogecoin, pushing most deadlines into October. Regulators are working on new listing standards that could allow faster approvals of altcoin ETFs once rules are finalised.
WeatherlyTaiwan’s WiseLink led a $10 million funding round for Nasdaq-listed Top Win International, helping the company buy Bitcoin and expand into digital assets. The deal makes WiseLink the first public Taiwanese firm to back a Bitcoin treasury strategy and aims to combine crypto holdings with cross-border business operations.
WeatherlyCitigroup plans to offer custody services for assets backing stablecoins and cryptocurrency ETFs, aiming to meet new US rules. The bank is also developing stablecoin payment solutions for faster cross-border transactions.
WeatherlyMetaplanet bought 518 more bitcoins for about $61.4 million, bringing its total holdings to 18,113 BTC. The company uses creative financing methods to keep buying and aims to hold 210,000 BTC by 2027.
WeatherlyEthereum co-founder Vitalik Buterin’s on-chain portfolio has surged past the $1 billion mark, fueled by Ether’s recent price rally, according to blockchain intelligence firm Arkham.
XingChiAt the same time as WBTC was facing a trust crisis, Coinbase announced its cbBTC built on the Base chain.
JinseFinanceCoinbase lists KARRAT altcoin on Ethereum network, with trading to commence upon meeting liquidity conditions. Users cautioned about potential scams and high volatility. Despite risks, Coinbase's move highlights commitment to diverse asset offerings.
Xu LinArthur Cheong advocates for a paradigm shift towards DeFi, pinpointing Synthetix (SNX), Aave, and Axie Infinity as altcoins with substantial potential. Article Summary: Renowned venture capitalist Arthur Cheong identifies top altcoin picks, emphasizing the transformative potential of DeFi. He critiques traditional fintech's lack of innovation and highlights Synthetix (SNX), Aave, and Axie Infinity as groundbreaking investments within the evolving crypto landscape. Cheong envisions a financial world organized through a different paradigm, positioning these altcoins as key players in the industry's future.
Cheng YuanCrypto trader Altcoin Sherpa expresses bullish sentiment on Stacks (STX), with an entry point around $1.75, anticipating significant upside. The analyst also notes an uptrend for The Sei Network (SEI), suggesting consolidation around $0.58. For Bonk (BONK), potential upward movement is anticipated, with price targets at $0.0000163 and $0.0000180ish. Altcoin Sherpa's analysis provides insights for traders in the altcoin space within the Bitcoin ecosystem.
Huang BoCoinbase's latest addition of Bonk to its listing roadmap has influenced a surge in the Memecoin's price. However, caution is advised, as inclusion in the roadmap doesn't guarantee listing, and Bonk's market performance is subject to the volatile nature of the crypto market.
Xu LinKuCoin's strategic investment in the surprise altcoin ecosystem aims to foster the growth of the TON ecosystem. This partnership, marked by a significant grant and support for mini-applications, reflects a shared vision for a decentralized digital future.
SanyaTop 10 altcoins beyond Bitcoin, including Ethereum, Binance Coin, XRP, Cardano, Dogecoin, Solana, Tron, Litecoin, Polygon, and Polkadot.
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BeincryptoAltcoin season is a phenomenon that excites investors in the crypto market. It often means a period of multiple gains ...
BitcoinistGlobiance is a banking and exchange platform complete with payment gateways, banking services, stablecoin, and a centralized and decentralized marketplace. ...
Bitcoinist