altcoins | ForkLog

ForkLog 8 04.11.2024

Analyst Predicts Altcoin Decline Before Surge

The “grand finale” for altcoins is nearing its end, suggesting a correction is imminent before a sharp rebound, according to crypto analyst and ITC Crypto founder Benjamin Cowen. It looks like the grand finale of the altcoin reckoning has finally arrived. The altcoin reckoning should be over by December 2024 (2nd week of January 2025 […]

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ForkLog 15 27.10.2024

Willy Woo Predicts Waning Altcoin Seasons

Altcoin seasons are likely to persist, much to the delight of speculators, yet the intensity of returns is expected to diminish as the cryptocurrency market matures. This perspective was shared by analyst Willy Woo. I haven’t talked about altcoins in years, I quit my interest in them after the “shit rolls downhill chart” mapping the […]

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ForkLog 10 25.10.2024

Hashkey Capital Predicts Altcoin Season Post-$80,000 Bitcoin

Merely surpassing Bitcoin’s current all-time high of around $74,000 is insufficient to kickstart an altcoin season, according to analysts at Hashkey Capital. Read our latest report — Why We Are Bullish on Altcoins to stay ahead?https://t.co/G8zkOwHtfx — HashKey Capital (@HashKey_Capital) October 25, 2024 Historically, market rallies beyond the leading cryptocurrency are linked to an increase […]

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ForkLog 6 09.10.2024

Bitwise Outlines Conditions for Bitcoin to Surpass $80,000 by Year-End

A Trump victory in the U.S. elections, a 50 basis point rate cut by the Fed with new stimuli from China, and a lack of major surprises in the industry are the conditions for bitcoin to rise above $80,000 by the end of the year, according to Bitwise, reports The Block. Matt Hougan, the company’s […]

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ForkLog 15 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 23 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 8 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 11 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 8 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 72 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 15 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 15 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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