altcoins | ForkLog

ForkLog 22 27.09.2024

Grayscale Identifies 20 Promising Cryptocurrencies for Year-End Growth

Analysts at Grayscale have updated their list of 20 digital assets poised to outperform the market in the fourth quarter. Following the latest rebalancing, experts added SUI, TAO, OP, HNT, CELO, and UMA to the “model portfolio.” Removed from the list were RENDER, MNT, RUNE, PENDLE, ILV, and RAY. Data: Grayscale. The analysts reviewed hundreds […]

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ForkLog 29 27.09.2024

Bitcoin Defies Seasonal Trends with a Stellar September

In September, the price of Bitcoin surged by over 10%, contrasting sharply with the typical average decline of 5.9% for this month, according to Bloomberg. Source: Bloomberg. The altcoin index rose by over 20% due to easing financial conditions amid a global wave of interest rate cuts by the Fed, ECB, and PBOC. On September […]

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ForkLog 10 16.09.2024

The Perilous Path of Altcoins: A Trader’s Perspective

For four months, the altcoin market has been gripped by fear and despondency. However, after the reaccumulation phase concludes, many will surge by “hundreds and thousands of percent,” while some will “perish,” trader Vladimir Cohen told ForkLog. The expert highlighted that the current cycle is characterized by an enormous number of tokens (over 2.5 million), […]

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ForkLog 17 13.09.2024

Key Support Levels for Bitcoin Identified by Experts

Currently, the most critical support levels for Bitcoin are at $52,000 and $46,000, according to a report by ARK Invest. The latter represents the average on-chain price, highlighted in red on the chart below. Data: ARK Invest. Experts noted that the leading cryptocurrency lacked the strength for a significant rebound after a nearly 9% drop […]

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ForkLog 10 04.09.2024

Arthur Hayes Predicts Bitcoin Correction to $50,000

The price of the leading cryptocurrency could correct to $50,000, with altcoins potentially depreciating even more. This forecast was presented by former BitMEX CEO Arthur Hayes. According to him, this scenario will remain relevant until the Federal Reserve’s meeting in September. The pressure factor will persist in the money market, where yields on reverse repo […]

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ForkLog 82 05.07.2024

Altseason? In short: never

In 2017 the first true altseason arrived, when Ethereum and other coins posted bigger market-cap gains than bitcoin. Many assumed digital gold would yield pole position to upstart projects. Those hopes did not pan out. Still, a measure of cyclicality emerged in subsequent years. Reading recent charts, analysts expect another upswing in altcoins. Oleg Cash […]

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ForkLog 17 18.06.2024

Regulatory Era: EU to Exclude Stablecoins, South Korea Targets Altcoins

The cryptocurrency exchange Uphold will delist USDT and five other stablecoins for Europeans under MiCA. The South Korean regulator has mandated a review of 600 altcoins listed on licensed trading platforms in the country. Starting July 1, the cryptocurrency exchange Uphold will cease support for stablecoins USDT, DAI, FRAX, GUSD, USDP, and TUSD for users […]

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ForkLog 27 18.06.2024

Coinbase to Introduce Pre-Market Trading for Altcoins

The cryptocurrency derivatives exchange Coinbase International will launch trading of perpetual contracts for altcoins prior to their listing on the main platform. The platform aims to emulate competitors such as Binance, Bybit, Bitget, and OKX by creating its own launchpad. “When the underlying token is launched on the respective spot exchanges, the instrument will convert […]

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ForkLog 30 12.06.2024

Arthur Hayes and Raoul Pal Discuss Promising Altcoins

Hayes and Pal revealed their investments in altcoins, highlighting promising projects. Both experts believe DOGE could be a contender for launching a spot ETF. Former BitMEX CEO Arthur Hayes and Real Vision CEO Raoul Pal identified strong altcoins, emphasizing the potential of Solana (SOL) and Aptos (APT). “I am 90% in Solana. It was the […]

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ForkLog 10 12.06.2024

Analyst Declares ‘Last Chance’ to Buy Cheap Altcoins

Analyst and MN Trading founder Michaël van de Poppe believes now is the ideal time for risky assets, urging the purchase of altcoins. It’s the last chance to buy #Altcoins super cheap! It’s been a strange bull market. Solana has been doing great, Bitcoin has been rallying to an all-time high pre-halving and after the […]

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ForkLog 38 17.05.2024

Binance Highlights $155 Billion Token Unlock Overhang

Between 2024 and 2030, tokens worth approximately $155 billion will be unlocked, inevitably exerting selling pressure on assets. This observation was made by experts from Binance Research. The prevalence of tokens launching with high valuations and low initial supplies has stirred discussions due to concerns over limited upside for retail investors. Our report examines the […]

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ForkLog 28 17.05.2024

MN Trading Founder Shifts from Bitcoin to Altcoins

Analyst and MN Trading founder Michaël van de Poppe explained his decision to sell all his accumulated Bitcoin and how he plans to utilise the proceeds. I’ve sold all my #Bitcoin Yes, I did. I didn’t lose my faith in Bitcoin, I’m not expecting Bitcoin to be topped out for this cycle. I’ve not become […]

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