Former Goldman Sachs executive Raoul Pal believes that a period of sustained uptrend is coming for Bitcoin (BTC) and the rest of the crypto market. In a new interview with crypto trader Scott Melker, the macro guru points out that historically, risk assets like Bitcoin and crypto tend to witness rallies during Q4 of a
Ethereum (ETH), a leading alternative cryptocurrency, is gearing up for a pivotal phase. As of June 22, ETH is trading at $3,501, with a market cap of $428 billion. It saw slight declines of 1.06% over the past week and 0.21% in the last 24 hours, while maintaining a robust trading volume of $15 billion,
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, a stark contrast to the
The 24-hour trading volume of USDT (Tether) issued on the Tron network has reached an impressive $53.031 billion, surpassing the average daily trading volume of Visa. In the first quarter of 2024, Visa reported a total trading volume of $3.7 trillion, with an average daily volume of $42 billion. The 24-hour trading volume of $USDT
The current sentiment in the crypto market isn’t particularly favorable. To be honest, it’s not an ideal time, but paradoxically according to Altcoin Buzz, it’s always an opportune moment, especially now, to observe counterintuitive movements. The analyst gave a list of coins whales are buying in this dump. Coin 1: Bitcoin Recent data from LookIntoChain
In the past week, the cryptocurrency market has faced significant challenges, losing $110 billion in value. Amid this turmoil, Bitcoin has strengthened its position, with its market dominance climbing to a nine-week high of 56.5%. While Bitcoin continues to draw investors seeking safety, renowned crypto analyst Moustache has identified a potentially bearish signal on the
An analyst who accurately called the 2022 crypto collapse is turning bullish on Solana (SOL) and Render (RNDR). Pseudonymous analyst Capo tells his 90,280 Telegram subscribers that Ethereum (ETH)-rival Solana and RNDR, the graphics processing unit (GPU) rendering blockchain, are likely in an uptrend pattern. “Added more to the SOL and RNDR longs.” Solana is
Altcoins have taken another leg down to start the week while most digital assets continue a multi-month downtrend. At time of writing, the total market cap of all crypto assets (TOTAL) is valued at $2.32 trillion, down from $2.39 trillion earlier in the day – a $70 billion haircut. According to crypto data aggregator Coinglass,
Bitcoin is down slightly, many altcoins have seen major losses and the largest cryptocurrency continues to face rejections at the $70k level. While Bitcoin and Ethereum experienced losses of 5-7%, many altcoins bled double digits. BNB, Solana, and Dogecoin saw losses ranging from 12-15%. Shiba Inu, Avalanche, Polkadot, Chainlink and NEAR Protocol also suffered double
A widely followed crypto analyst says one meme asset that has seen tremendous gains over the last eight months will continue its upward momentum. In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells his 217,000 followers on the social media platform X that memecoin MAGA (TRUMP) will go “berserk” even though it experienced