The post How Will Altcoins Perform Post-Bitcoin Halving Event? Here’s What To Expect appeared first on Coinpedia Fintech News
The Bitcoin halving, scheduled for April 20, is set to mark a turning point for altcoins too. In previous halvings, Bitcoin’s influence usually declined over the next few months. This decrease in Bitcoin’s market control often triggered more money flowing into other coins. Many of these altcoins have recently reached new highs in 2024 following …
The post Toncoin Price Prediction: TON Token Poised To Hit $15 Post Bitcoin Halving? appeared first on Coinpedia Fintech News
As the Bitcoin Halving approaches closer, the crypto industry continues to display a mixed sentiment, indicating increased price volatility in the cryptocurrency market. Moreover, top altcoins constantly display a neutral trend, highlighting an increase in the number of HODLers in the crypto space. On the other hand, the Toncoin price achieved a new all-time high …
The post SOL Price Stuck Within a Range: Is This the Time to Sell Solana or Accumulate More? appeared first on Coinpedia Fintech News
The Solana price has been displaying acute strength since the start of the year, but the current monthly trade has not offered the required momentum. The price has remained stuck within a narrow range, indicating a drop in volatility. With a huge drop in trading activity, the SOL price does not appear to have been …
The post PEPE Price Hints At A Possible Downtrend! $0.00001 Imminent Following Halving? appeared first on Coinpedia Fintech News
The memecoin industry continues to display a reduced price action in the chart as the volatility in the market is on the path to reaching its peak. With Bitcoin Halving in the coming days, will the top altcoins experience a breakout rally post-halving, igniting a memecoin rally-like situation in Q2? After displaying a neutral trend …
The post Bitcoin, Ethereum And XRP Price Prediction For Q2 2024! appeared first on Coinpedia Fintech News
With Bitcoin Halving around the corner, the cryptocurrency industry has regained momentum and displayed significant price action over the past few weeks, highlighting an increased number of, buyers and HODLers in the crypto market. All the top categories in the industry have witnessed a massive bounce back in the chart. The market is recording a …
The post Is Blackrock Buying These RWA Altcoins Next? Analyst Prediction appeared first on Coinpedia Fintech News
Analyst Gustavo on Crypto Banter’s channel has heralded the dawn of a new era in the crypto space, describing it as “the next big thing” akin to treasure chests filled with endless opportunities waiting to be unlocked. The analyst explained the potential of tokenizing real-world assets (RWAs), envisioning a world where individuals can own fractions …
The post ORDI Price Hints Breakout Rally! Ordi To Hit $100 This Month? appeared first on Coinpedia Fintech News
With Bitcoin Halving days away, the BRC-20 tokens category has started to display increased price volatility in their respective charts, indicating a rise in the price action for these tokens in the crypto market. The ORDI price displayed a significant jump of 221.65% after displaying a neutral trend for a period, following which the price …
The post Solana Price Prediction: Peter Brandt Predicts SOL Price Will Likely Drop To This Level appeared first on Coinpedia Fintech News
Solana (SOL) network, a top-tier layer-one (L1) blockchain competing with Ethereum (ETH) to democratize smart contracts, has been a hot topic in the past few months. On one side, the Solana network has been applauded for onboarding millions of investors to the Web3 industry through its meme coins and decentralized financial (DeFi) platforms As the …
The post Cardano Price Prediction: Here’s When ADA Price Will Surge Above $1 appeared first on Coinpedia Fintech News
The Cardano (ADA) price has recently fallen, dropping to around $0.58 amid a broader market sell-off. But don’t count ADA out just yet—some experts believe it’s about to make a comeback—big time. ADA to hit $1.70, If Crypto analyst Ali Martinez remains optimistic, predicting a significant surge in ADA’s price shortly. Initially made in mid-March, …
As Bitcoin (BTC) continues its upward trajectory, regaining its bullish momentum after brief range-bound price action and inching closer to its all-time high (ATH) of $73,700, crypto analyst Miles Deutscher shared insights on several altcoins to watch for potential gains this week. Altcoins With Strong Potential First, Deutscher observes a robust recovery in Bitcoin following its recent dip below the $65,000 level on April 3rd. The analyst notes that Bitcoin’s structure appears positive, with $73,8000 being the critical level to watch as it represents the previous ATH and the cryptocurrency’s last resistance before further gains. According to Deutscher’s analysis, BTC’s ability to break through this level could signal further upward momentum for the market leader. Related Reading: Polygon (MATIC) In Buy Zone That Earlier Led To 112% & 87% Surges Despite recent network congestion issues, Deutscher remains optimistic about Solana’s long-term prospects, as it is the first of several altcoins on the analyst’s radar this week, promising further gains on top of its already 23% uptrend over the past month. The analyst highlights that sentiment around Solana has deteriorated slightly but emphasizes that these issues are unlikely to significantly impact the medium to long term. Next on the list, Deutscher identifies BTC’s equivalent to non-fungible tokens (NFTs), Ordinals, as a strong performer within the BRC-20/BTC narrative ecosystem. With the Bitcoin halving scheduled for the last half of April just days away, Deutscher remains bullish on the ORDI token ahead of the event. While the narrative surrounding the halving remains relatively quiet, Deutscher continues to suggest that Ordinals stands out as a leader in the space. Orion And Altlayer Deutscher has expressed interest in Altlayer, an altcoin closely associated with the EigenLayer protocol, due to recent rumors surrounding the upcoming EigenLayer airdrop. According to the analyst, Altlayer’s proximity to the airdrop and its involvement in the restaking narrative contributes to its appeal. Given these anticipated developments, Deutscher sees a potential boost for the token as the market prepares for the airdrop. The token is up 14% in the last month alone and over 4% in the previous 24 hours. Similarly, Deutscher highlights ORN as the first restaking rollup on EigenLayer and emphasizes the limited opportunities to get exposure to EigenLayer before its official launch. This factor, combined with Orion’s rebranding to LUMIA, has attracted positive market sentiment, the analyst said, noting that recent weeks have demonstrated the market’s positive response to token rebrands, further increasing Orion’s potential. Dogecoin’s ‘Doge Day’ Next on the altcoin watchlist, Deutscher notes the upcoming “Doge Day” on April 20, which has historically seen increased interest and speculation surrounding the dog-themed meme coin. According to the analyst, the possibility of Elon Musk tweeting about the meme-inspired cryptocurrency has fueled expectations for potential price moves. Deutscher suggests monitoring DOGE for strength and considering it as a viable short-term trading opportunity. Related Reading: XRP Price Drops After Massive Whale Dump, Casting Doubt On $1 Target In April Finally, Deutscher points to previous instances where early altcoins airdrop participants experienced initial selling pressure, followed by potential rebounds. Wormhole’s native token, W, is facing a similar scenario as the token has fallen over 30% since trading began on April 3. Deutscher advises watching how the token reacts around the significant support level of $1. Once the initial selling pressure potentially subsides, Deutscher notes that a positive reaction can be expected, but whether the $1 support holds will be key to determining the cryptocurrency’s next moves. Featured image from Shutterstock, chart from TradingView.com
The crypto market could be on the cusp of a major boom, according to Brad Garlinghouse, CEO of blockchain company Ripple. Related Reading: Red Flag For eToro? Philippines Investigates Possible Securities Violation In an interview with CNBC, Garlinghouse predicted that the total market capitalization of the crypto market could double by the end of 2024, […]
Amid the renewed strength recently displayed by Bitcoin, Michael Van De Poppe, a recognized cryptocurrency analyst and trader has offered an intriguing prediction for BTC, highlighting that the crypto asset is likely to reach the $300,000 threshold in this bull cycle. Bitcoin Price Targetted At Unprecedented Heights This Cycle Over the past month, the price of Bitcoin has been consolidating and hasn’t been able to sustain its rise beyond its new peak of $73,000. However, things could soon be changing, as Michael Van De Poppe expects the coin to surge immensely in the short term. His forecast coincides with anticipation around the upcoming Bitcoin Halving expected to take place in less than 12 days, fueling optimism within the crypto community. Related Reading: 12 Days Until Bitcoin Halving: Why $100,000 Isn’t Much Further Away According to the expert, the largest cryptocurrency asset by market cap is still experiencing significant resistance. Nonetheless, if Bitcoin manages to break out of this zone, the coin could witness a progression towards new all-time highs in the coming months. Given that BTC achieved the $70,000 price level ahead of the halving event, Poppe believes that it is likely to surge to unprecedented levels, particularly topping out at $300,000 in this bull run. The post read: Bitcoin still facing crucial resistance. If this breaks, then we will be seeing a continuation towards new all-time highs. Bitcoin at $70,000 pre-halving. Likely $300,000 this cycle. Poppe underscored that the price of Bitcoin returned to $70,000 level over the weekend. As a result, he has pointed out bullish indicators that are presently occurring in the crypto landscape. The analyst also noted that the strength of the cryptocurrency markets has now exceeded our perceptions, and dips in altcoins represent opportunities for good entries. In addition, BTC’s price action demonstrates the potential to reach a new all-time high pre-halving, and the shift in favor of altcoins is on the horizon. Altcoin Season Set To Kick Off In Weeks Poppe is super bullish toward an ‘altcoin season’. However, it is important to note that altcoins’ value has frequently coincided with shifts in Bitcoin’s supremacy. But even though Bitcoin’s dominance is still at its peak prior to the halving, Poppe thinks these coins still have a lot of momentum. Related Reading: Forget Bitcoin! Altcoins Set For Explosive Growth With Potential 1,000x Returns — Analyst He advocates that a new altcoin season will undoubtedly begin in the upcoming weeks. “We always have one, we have seen Meme coins, Solana (SOL) ecosystem, and AI,” he stated. The expert’s statement suggests that the Solana ecosystem, AI projects, and meme coins in recent months have led the altcoin market. Thus, Michael Van De Poppe has contended that in the impending alt season, crypto initiatives that prioritize the tokenization of Real-World Assets (RWA), the Ethereum (ETH) ecosystem, and the Decentralized Physical Infrastructure Network (DePIN) are likely to be next, paving the way for alts this cycle. At the time of writing, the altcoin’s overall market excluding Bitcoin and Ethereum was valued at $753.47 billion. This indicates a 2% increase in the market cap in the past 24 hours. Featured image from iStock, chart from Tradingview.com
A renowned crypto trader and analyst has recently shared bold predictions regarding the future of the cryptocurrency market. In a comprehensive analysis, Crypto Busy has pointed towards a potential boom in alternative cryptocurrencies (altcoins), suggesting the possibility of significant gains in the near future. Related Reading: XRP Price Drops After Massive Whale Dump, Casting Doubt On $1 Target In April According to him, altcoins could experience remarkable growth, with the potential for values to multiply by up to 1,000 times. Altcoins: Historical Trends & Market Dynamics Crypto Busy’s analysis draws upon historical observations of the cryptocurrency market, particularly during previous bullish phases. Notably, fluctuations in Bitcoin’s dominance have often corresponded with increases in the value of altcoins. This pattern suggests that as Bitcoin’s value surges, altcoins could witness substantial appreciation, providing astute investors with ample opportunities for diversification and profit. The next wave of crypto gems will rise, and another set of 100x to 1000x tokens will born once the #Bitcoin price pumps while the #BTC dominance remains low. During the last bull run, $BTC dominance ranged from 38% to 48%, so altcoins went crazy! Hope you bagged a lot of… pic.twitter.com/N0QWEWGBsr — CryptoBusy (@CryptoBusy) April 7, 2024 The market dynamics highlighted by Crypto Busy underscore the evolving nature of the cryptocurrency ecosystem. While Bitcoin remains the dominant force, its fluctuations can create openings for altcoins to emerge as significant players in driving market growth. This interplay between Bitcoin and altcoins presents investors with a dynamic landscape to navigate, where strategic decisions can yield substantial returns. Navigating Market Volatility And Seizing Opportunities In light of the market’s inherent volatility, the analyst emphasizes the importance of strategic investment approaches. By identifying undervalued altcoins during market downturns, investors may position themselves to capitalize on future rallies. Related Reading: Sleeping Giant Awakens! Ethereum Whale With Over 12,000 ETH Creates Noise This strategy aligns with timeless investment principles, reinforcing the notion that buying assets when they are undervalued can lead to significant returns when market conditions improve. Chart: TradingView Adapting To The Evolving Crypto Landscape Beyond individual profit potential, Crypto Busy’s analysis sheds light on the evolving dynamics of the cryptocurrency ecosystem. As Bitcoin solidifies its position as the dominant digital asset, its impact on the broader market, including altcoins, becomes increasingly significant. Total crypto market cap currently at $2.59 trillion. Chart: TradingView Crypto Busy’s analysis offers valuable insights into the potential for an altcoin boom in the cryptocurrency market. While the prospect of 1,000 times gains may seem ambitious, historical trends and market dynamics support the notion that altcoins could play a significant role in driving future market growth. Featured image from Pixabay, chart from TradingView
According to crypto analyst Ali Martinez, Polygon (MATIC) is poised for major gains amidst a wider correction in the past seven days. Polygon is currently down by 9.2% in the past seven days, but the analyst pointed out that MATIC is printing a textbook buy signal on the daily chart. In a recent analysis posted […]
OP, the native token of Optimism, broke out of an uptrend after setting a new all-time high of $4.87. The price has continued to drop since then, and currently points to a continuous downward drop. Analysis of the crypto asset’s trend indicates that the price is on a downtrend which is currently trading below the […]
The price of Near Protocol’s native token, NEAR, has been on an upward momentum recently, with a crypto analyst projecting further price increases and suggesting that the coin could see a surge to more than $10 soon. Related Reading: Solana Primed For Takeoff? Expert Analysis Points To Buying Opportunity Near Protocol Price Poised For $10 Surge Popular crypto trader and analyst, identified as Bluntz on X (formerly Twitter) has unveiled a major price prediction for NEAR. The analyst disclosed that the price of NEAR is exhibiting historical patterns indicative of a bullish rally, potentially surpassing $10. $near turbo sends here imo pic.twitter.com/4o28UEsfE1 — Bluntz (@Bluntz_Capital) April 3, 2024 Bluntz, a pseudonymous analyst known for his eerily accurate prediction of Bitcoin (BTC) in June 2018, forecasted that the price of BTC would hit a bottom out at $3,200 after reaching an all-time high of $20,000 at the time. True to his foresight, Bitcoin dropped to around the projected price target by December of the same year. Now, using technical analysis based on the Elliott Wave principle, Bluntz has shared a price chart displaying Near protocol’s potential rally to over $10. NEAR market cap currently at $7.4 billion. Chart: TradingView.com The Elliott Wave theory, developed by Ralph Nelson Elliott is a technical methodology that analyzes recurrent and long-term price patterns related to persistent changes in investor sentiment and psychology. This technical tool is used to predict the price movements of cryptocurrencies based on greed and fear. Bluntz provided two charts depicting Near Protocol’s price movements against Tether (USDT) and another against Bitcoin. In both charts, Near Protocol had undergone a sequence of price fluctuations, moving between green and red zones before exhibiting strong price fundamentals that could potentially propel its price above $10. The crypto analyst has pinpointed a projected timeline for this price surge around mid April, specifically before the 15th. Insights Into NEAR’s Recent Price Movements Over the past month, the price of Near Protocol has been on a steady upward trend, boasting an impressive 26% increase. Moreover, the cryptocurrency’s total market capitalization has risen by over 6%, accompanied by a 25% increase in its 24-hour trading volume. Related Reading: Trouble Ahead? Binance Coin Futures Market Under Pressure With Negative Funding Rates At the time of writing, Near Protocol is trading at $7.09, reflecting a significant increase of 5.89% in just one day, according to CoinMarketCap. These developments highlight the increasing appeal and demand for the popular token within the dynamic crypto space. Illia Polosukhin, co-founder of Near Protocol has also commended the NEAR team’s consistent efforts in maintaining the cryptocurrency’s steady growth and development over the past few months. Polosukhin noted that due to the team’s dedication, Near Protocol’s capacity has surged by 50%, ensuring a more effective network to serve users. Featured image from Pexels, chart from TradingView
The post Top Altcoins to Accumulate While Crypto Markets Consolidate Ahead of Bitcoin Halving appeared first on Coinpedia Fintech News
The crypto markets are trying hard to recover after facing an acute pullback in the past few days. Bitcoin’s price had fallen below $65,000, bringing the entire cryptocurrency market to its knees. Among them, there are some altcoins which are displaying acute strength and may go along with a minor change in the trade dynamics …
The post Altcoin Season on Horizon: With Bitcoin Halving in 3 Weeks, Here Are The 3 Trends To Watch appeared first on Coinpedia Fintech News
As Bitcoin ($BTC) keeps breaking records, some investors hesitate, fearing they missed the crypto rally. But our crypto enthusiast Cyclop has a different perspective. He sees the market cycle just starting, with altcoins ready to make significant moves. This crypto shift came to light with Bitcoin’s struggles to stay above $72,000, creating selling pressure and …
The post Massive Liquidation: FTX Unloads $1.9 Billion Solana Tokens, What Next For SOL Price appeared first on Coinpedia Fintech News
According to the Bloomberg report, the recent massive liquidation of Solana by the FTX estate has turned the crypto market upside down. FTX, the bankrupt exchange, unloaded over half of its SOL tokens at a 63% discount from current market prices, resulting in nearly $2 billion for FTX creditors. FTX’s $1.9B SOL Sale Sparks Creditor …
Prominent figures within the crypto community are raising alarms over what appears to be a new wave coordinated effort by US banks to systematically dissociate from businesses dealing in digital currencies. Operation Choke Point 2.0 which began last year, is a concerted government effort involving the Biden White House, several agencies, the Federal Reserve and […]
The post Bitcoin Cash Price Records 29-Month High! BCH Price To Hit $1,000 In Q2? appeared first on Coinpedia Fintech News
Despite the elite cryptocurrency displaying a mixed sentiment, the industry has displayed a bullish trend reversal in the market as top altcoins and mid-cap tokens record significant uptrends in their respective portfolios. Bitcoin cash price has successfully regained momentum after testing its low of $584, indicating increased inflow in the market. Moreover, the upcoming Bitcoin …
The post Crypto Analyst Warns: Beware Meme Coins Amidst Bitcoin’s Consolidation appeared first on Coinpedia Fintech News
On Crypto Banter’s channel, analyst Sheldon has issued a warning. He discussed Bitcoin’s recent sideways movement, saying it does not indicate a directional trend but rather a consolidation phase. Despite attempts to push for a lower low, Bitcoin remains in a bull flag pattern, signaling potential for upward movement in the near term. While altcoins …
The post New Altcoins Poised For 40x Gains In April appeared first on Coinpedia Fintech News
After an almost successful March for altcoins, analysts have already started listing coins which might soar in April, which is considered a ‘favorable’ month. Conor Kenny, in a new video, listed a few altcoins that have brought him a whopping 40x gains. Altcoins Poised for April Surge Vanar Chain Vanar Chain has caught Kenny’s attention …
Google has initiated legal proceedings against a cadre of individuals accused of executing a sophisticated crypto scam, as CNBC reports exclusively today. The lawsuit, lodged on Thursday in the Southern District of New York, targets Yunfeng Sun, also known as Alphonse Sun, and Hongnam Cheung, known alternately as Zhang Hongnim or Stanford Fischer, alongside their […]
The post Here is Why You Need to be Bullish on Solana: A Fresh Bullish Spell Could Trigger a 30% Jump appeared first on Coinpedia Fintech News
Regardless of the prevailing market conditions, the Solana price has maintained significant strength. Although the traders have shifted their focus away from the token to a large extent, the price continues to trade within a bullish range. This indicates that the SOL price may kick off a fine upswing soon after the trade shifts back …
The post Memecoin Bloodbath Continues! Dogecoin To Retest It’s Low Of $0.15? appeared first on Coinpedia Fintech News
The crypto market started the month of April on a bearish note, highlighting increased selling pressure in the crypto space. Further, the leader of the memecoin category, Dogecoin price, has recorded a correction of over 12% in valuation, resulting in this altcoin breaking down its support level. Furthermore, the top five memecoins have displayed a …
The post Santiment Reveals Top RWA Altcoins: Chainlink Takes the Lead appeared first on Coinpedia Fintech News
Santiment Unveils Top Real-World Asset Coins: Chainlink Leads, Followed by Synthetix, Oraichain, Maker and More Santiment, a leading financial market data platform, recently shared its insights on cryptocurrency’s top Real-World Asset (RWA). Using GitHub activity to analyze their performance, Santiment has compiled a list of RWAs that rank as per their growing development and active …
The post Investors Double Down On Bitcoin And Ethereum Amid Market Dips! Here’s What To Expect From BTC And ETH Price Next appeared first on Coinpedia Fintech News
As we head toward the Bitcoin halving event, just a few days away, the market is experiencing a battle between the bulls and bears. Buyers are pushing hard to set a new all-time high for Bitcoin ahead of the event. Meanwhile, despite the presence of sellers at resistance levels, every dip in Bitcoin and Ethereum’s …
The post Why is The Dogecoin (DOGE) Price Up Today? appeared first on Coinpedia Fintech News
Dogecoin (DOGE) is making headlines again, outperforming major altcoins, surpassing Cardano, and landing itself in the prestigious 9th spot. Top Reasons Behind DOGE Price Rally DOGE Whales are making a comeback, creating excitement. Also, $5.5 million in bets against Dogecoin were wiped out in a day, signaling optimism for the meme-based cryptocurrency. Data shows that …
This week in the Bitcoin and crypto market promises to be particularly eventful, with several key developments poised to capture investors’ attention. From anticipated regulatory filings shedding light on institutional Bitcoin ETF investments to potential groundbreaking partnerships and innovative mergers in the DeFi and AI sectors, the landscape is ripe with opportunities and challenges. Here’s […]