Bitcoin (BTC) loses momentum as its price falls below the short-term holder’s realized price of $65,800. This could kickstart a wave of panic selling, leading to significant losses for Bitcoin (BTC) and other crypto assets. Amidst this market downturn, the popular Ethereum token ETFSwap (ETFS) defies market trends and provides…
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Bitcoin Appears Indecisive As Price Refuses to Climb Beyond $64,500; Here’s How Altcoins Are Reacting
Bitcoin’s price trend has left many on edge. Despite recent gains, the price has slipped below $65,000. Analyst Miles Deutscher said that Bitcoin remains just above the critical $64k level on the weekly chart, indicating potential danger. The analyst also touched how the current altcoin market weakness relative to Bitcoin…
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ETFSwap (ETFS) Takes The Lead In Growth Among Altcoins
The recent filing by Hashdex for a combined Bitcoin (BTC) and Spot Ethereum ETFs has sent ripples through the cryptocurrency market, providing a significant boost to ETFSwap (ETFS), Ondo Finance (ONDO), and Worldcoin (WLD). Among these altcoins, ETFSwap (ETFS) has emerged on top, leveraging its innovative platform and comprehensive DeFi…
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Will There Be an Altcoin Season in 2024? Expert Analysis
The sentiment around altcoins remains cautious. Despite Bitcoin nearing all-time highs and the resurgence of meme coins, retail interest in altcoins has been subdued. Here’s one analyst navigating the possible loopholes in the current altcoin cycle in 2024. Renowned analyst Miles Deutscher highlights major challenges in the 2024 altcoin market,…
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Top ETF Analyst Expects Wave of Amended ETH ETF Filings Today, Eyes SEC Approval by July 2nd
Bloomberg ETF analyst Eric Balchunas has indicated that a significant number of amended S-1 filings for Ethereum-based Exchange Traded Funds (ETFs) are expected to be submitted today. As a result, the Securities and Exchange Commission (SEC) is set to review these amendments, with the potential final approval setting the launch…
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Tron Network’s “USDT” Surpasses Visa’s Average Daily Trading Volume!
Crypto Live News Author: Elena R Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena. Jun 21, 2024 10:48 USDT is the official…
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Why ETFSwap (ETFS) Could Enjoy A 100x Price Gain
Crypto analyst Wolf recently suggested that Ethereum (ETH) could record a 50% price increase against its Bitcoin (BTC) pair. In the meantime, Solana (SOL) and Binance Coin (BNB) have failed to rally despite some other altcoins enjoying a price rebound. Meanwhile, ETFSwap (ETFS) is poised for a 100x price gain…
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Major Coins Face Challenges as Bitcoin Season Emerges
The total market cap of altcoins, excluding Bitcoin and Ethereum, has faced significant resistance, contributing to the recent declines. However, according to several analysts, despite short-term challenges, macro trends suggest that if the market follows a regular structural pattern, altcoins could see growth moving forward. The Altseason Index and Bitcoin…
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Top Analysts Predict Final Crypto Capitulation Before Major Recovery, Comparing 2024 to 2016
The cryptocurrency market cap continued to shrink, with a drop of around 2.2 percent in the past 24 hours to hover about $2.45 trillion on Tuesday during the New York session. The ongoing cryptocurrency correction, which has triggered heavy crypto liquidation of nearly half a billion dollars, was triggered by…
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From Rags to Riches: List of Altcoins to Hold for Millionaire Status by 2025
The post From Rags to Riches: List of Altcoins to Hold for Millionaire Status by 2025 appeared first on Coinpedia Fintech News The host/analyst of ‘The House of Crypto’ took to his latest video and explained how the markets are structured to encourage retail investors to make poor decisions. Typically,…