altcoins | ForkLog

ForkLog 23 30.12.2024

Grayscale Updates List of 20 Promising Tokens

Analysts at Grayscale have updated their list of 20 digital assets poised to outperform the market in the first quarter of 2025. The “newcomers” were required to align with one of the following themes: the US elections and their potential impact on industry regulation, particularly in the DeFi segment and staking; breakthroughs in AI; growth […]

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ForkLog 11 29.12.2024

Trader Identifies Condition for Altcoin ‘Euphoria’ Phase

The total market capitalization of altcoins must rise above $1.1 trillion for the ‘euphoria’ stage to commence; until then, the market will remain ‘unstable,’ according to trader DaanCrypto. All you need for $ALTS: Currently, the altcoin total market cap is consolidating beneath its all time high, after shortly breaking it and rejecting. As long as […]

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ForkLog 8 20.12.2024

Bitcoin’s Failure to Reach $100,000 Triggers $1 Billion in Liquidations

On December 19, the volume of forced liquidations in the cryptocurrency market reached $1.01 billion, including $844 million in long positions, according to Coinglass. The current figures were surpassed by events on December 5 ($1.1 billion) and December 10 ($1.7 billion). Data: Coinglass. Altcoins accounted for three-quarters of all liquidations. Data: Coinglass. In a conversation […]

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ForkLog 12 16.12.2024

Trump-Linked Project’s Cryptocurrency Purchases Reach $74 Million

Since November 30, the Donald Trump-associated project World Liberty Financial (WLF) has acquired $30 million in Ethereum and $10 million in cbBTC. The total expenditure on digital assets has reached $74 million. Trump’s World Liberty(@worldlibertyfi) spent 250K $USDC to buy 134,216 $ONDO 2 hours ago. Since Nov 30, #WorldLiberty has spent: 30M $USDC to buy […]

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ForkLog 10 12.12.2024

Trump-Linked Project Invests $12 Million in Altcoins

World Liberty Financial, a project associated with Donald Trump, has converted $12 million USDC into cryptocurrencies Ethereum, Chainlink, and Aave. This was highlighted by Lookonchain. Trump’s World Liberty(@worldlibertyfi) is buying $ETH, $LINK and $AAVE! In the past 9 hours, the World Liberty Multisig wallet spent 10M $USDC to buy 2,631 $ETH at $3,801, 1M $USDC […]

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ForkLog 8 10.12.2024

Expert Predicts Sustained Bitcoin Buying on Dips

Amid ongoing volatility, the strategy of buying on dips will remain relevant “far longer than everyone expects,” according to Daniel Cheung, co-founder of Syncracy Capital. Market participant psychology has drastically shifted in crypto this cycle. In prior cycles, participants largely engaged in a HODL and buy the dip mentality. This cycle, participants are mostly in […]

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ForkLog 10 10.12.2024

Cryptocurrency Market Sees $1.75 Billion in Liquidations

Between December 9 and 10, the cryptocurrency market experienced $1.75 billion in forced position closures, including $1.57 billion in longs, according to Coinglass. Data: Coinglass. The procedure affected 582,003 traders. Liquidations were concentrated in altcoins — of the $1.75 billion, only $189.2 billion was attributed to Bitcoin. The current figures surpassed the scale of events […]

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ForkLog 10 08.12.2024

Venture Capitalist Declares End of Altcoin Season

Felix Hartmann, managing partner of investment firm Hartmann Capital, is convinced that the altcoin season has “already run its course.” He warned traders of a sharp correction. Considering alt season tapped out for now. Most alts now have funding rates north of 100% annualized. Last moves purely perp driven, spot volumes declining. Leg down will […]

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ForkLog 8 06.12.2024

Altcoins Show Resilience Amid Bitcoin’s Volatility

Altcoins are exhibiting greater stability amidst the sharp volatility of Bitcoin, which has fallen below the $100,000 mark. This conclusion was reached by Bitwise, according to The Block. Experts suggest that this divergence may indicate a decoupling of previous correlations. According to Bitwise, major altcoins are outperforming digital gold in both weekly and monthly metrics. […]

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ForkLog 12 03.12.2024

Analyst Warns of Potential Bitcoin Correction to $90,000

Recent patterns in Bitcoin’s chart suggest a possible reversal of the upward trend and a price correction, according to technical analyst Ali Martinez. #Bitcoin $BTC could be forming a head-and-shoulders pattern, which could trigger a price correction to $90,000! pic.twitter.com/mWLDabsYRV — Ali (@ali_charts) December 3, 2024 On December 3, the expert noted that a bearish […]

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ForkLog 19 03.12.2024

South Korean Crypto Market Surpasses Stock Market in Trading Volume

On December 2, the daily trading volume of cryptocurrencies among retail traders in South Korea reached $18 billion, surpassing the stock market’s equivalent figure of $14 billion by 22%. This was reported in a 10x Research report. The most popular cryptocurrency of the day was Ripple’s XRP, with a trading volume of $6.3 billion. Dogecoin […]

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ForkLog 38 02.12.2024

CryptoQuant CEO Challenges Traditional Altcoin Season Indicators

The traditional indicator of an altcoin season, characterized by capital flowing from Bitcoin to other cryptocurrencies, is no longer relevant. This conclusion was reached by Ki Young Ju, founder and CEO of CryptoQuant. Alt season is no longer defined by asset rotation from #Bitcoin. The surge in altcoin trading volume isn’t driven by $BTC pairs […]

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