Alts

As industry experts forecast Bitcoin reaching a bull’s eye of $150,000, several other cryptocurrencies that are below the $1 mark may have similar hallmarks. Among them are Rexas Finance (RXS), Shiba Inu (SHIB), and Fantom (FTM). Apart from having a formidable market, these coins are quite robust psychologically since they may command at least $10 once Bitcoin hits its predicted figure. Rexas Finance Presale Token Stage 4 Now Live Rexas Finance (RXS), a debuting RWA project, recently completed its Stage…

Investors are rushing over to the Husky Inu ($HINU) presale while Bitcoin ($BTC) and the altcoin market tank. $BTC and $ETH dropped 6% and 10% over the past week. As traditional crypto investments experience significant price loss, Husky Inu’s ($HINU) presale has generated over $430,000 since going live.  As the crypto market drops, investors must continually look for alternative investment opportunities, such as Husky Inu ($HINU), to help mitigate the potential uncertainty inherent to the crypto market. Major memecoin projects…

On-chain data shows the whales of these altcoins have been shifting their supply from exchanges to cold wallets recently, a sign that may be bullish for their prices. Whales Of These Altcoins Have Been Moving Into Self-Custody Recently In a new post on X, the on-chain analytics firm Santiment has discussed the trend in the Top Exchange/Non-Exchange Wallet Holdings for three altcoins: Polygon (MATIC), Injective (INJ), and Render (RENDER). The “Top Exchange/Non-Exchange Wallet Holdings” here refers to an indicator that…

On-chain analytics firm Santiment has revealed Cardano (ADA) is one of the altcoins that could likely see price jumps shortly. Cardano Among Altcoins That Are Being Heavily Shorted Right Now In a new post on X, Santiment has talked about the altcoins being shorted against on the derivatives market. The indicator of relevance here is the “Funding Rate,” which keeps track of the periodic fee that derivatives traders have to exchange with each other. When the value of this metric…

With altcoin season approaching, many investors are looking to diversify their portfolios beyond popular cryptocurrency investments. Altcoins have shown great resilience and growth potential, prompting both seasoned traders and new crypto investors to seek out the best coins on the uptrend. Here are three must-have cryptos that you could consider adding to your portfolio. Fantom (FTM): Approaching $2B Market Cap Recent trends in the market show that Fantom is resisting the overall bearish sentiment, with a 4.56% increase despite Bitcoin's…

The post ‘Hold Onto Your Altcoins, but Dont Convert Bitcoin Into Altcoins’: Here’s When Your Favorite Alts Will Recover appeared first on Coinpedia Fintech News Analyst George aka Crypto Rus took to his latest analysis video and commented that the market is currently stuck in a rut. Bitcoin briefly surged to $67,000 but quickly dropped back to $65,500, hinting at some volatility. However, he said that despite these fluctuations, Bitcoin remains strong, having recently been at $72,000 just 10 days…

The post ‘Trap for Investors’ ‘Worst Time for Alts’: Here’s What Analysts Are Saying About Altcoin and Crypto Market Crash appeared first on Coinpedia Fintech News Recently there was a major crash in the altcoin market, with some top altcoins dropping over 40% in the past two weeks. Several narratives are circulating on the internet regarding the possible reasons for this crash. But does this crash signify the end of the bull run? We examined various perspectives from analysts, some…

Bitcoin’s price movements over the past several days were quite promising as the asset had recovered from last week’s crash and stood above $66,000 and even $67,000 before the landscape changed for the worse once again today. The altcoins, though, are in an even worse state, with numerous massive price declines across almost all charts. BTC Slides Below $64K CryptoPotato reported the adverse price movements last week that were propelled by the escalating tension between Iran and Israel. This culminated…

Through academic essays, Konrad S. Graf tries to make Bitcoin known worldwide. On the 1st of January 2020, Korad, in an interview with Eurasia Review, noted that the future of Bitcoin as a model is highly possible because of its ease of succeeding over other cryptos in various aspects. Konrad highlighted the following four competitive advantages intrinsic to Bitcoin as below: Bitcoin Scarcity and Apolitical Value BTC is scarce and, therefore, ahead of every form of money due to fixed supply.…