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Altcoins News
Coinpedia
1w
46
Image Credit: Coinpedia
Arthur Hayes’ Top Crypto Picks for Election Week
- BitMEX founder Arthur Hayes sees Solana as a top pick for trading due to its high volatility and potential for significant gains.
- Hayes believes Solana's quick movements, high liquidity, and strong performance signals a shift in altcoin flows.
- Solana's price could rally past $200 in November due to robust on-chain growth, a bullish breakout, and more.
- As the election nears, Hayes expects Bitcoin to lead a rotation into altcoins, with Solana positioned to perform strongly.
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Cryptoticker
1w
341
Image Credit: Cryptoticker
UBS Introduces Ethereum-Based Tokenized Money Market Fund
- UBS, the world’s largest private bank, has launched uMINT, a tokenized money market fund on the Ethereum blockchain.
- The fund focuses on high-quality money market instruments in a low-risk framework.
- Tokenization of traditional assets on Ethereum is growing, with over $3 billion in assets tokenized on the network.
- This move towards tokenization could democratize investment and bridge traditional and digital finance.
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Coinpedia
1w
144
Image Credit: Coinpedia
BTC Price Analysis: Will Bitcoin Crash Further During US Election Week?
- Bitcoin price dropped below $70,000, potentially due to changing political predictions.
- Analyst Credible Crypto warns of a potential bearish trend if Bitcoin fails to hold the $65,000 support level.
- A bounce from the $65,000-$69,000 range could propel Bitcoin towards $74,000.
- Bitcoin's future depends on its ability to hold the $65,000 support zone for sustained bullish momentum.
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TheNewsCrypto
1w
89
Image Credit: TheNewsCrypto
Ripple (XRP) Turns Bearish After Recent Attempt to Break Resistance
- XRP has shown an additional price drop in the last 24 hours following previous declines.
- The altcoin’s daily trading volume has decreased by 24.25%.
- Ripple's native token, XRP, experienced a 1.57% drop in price in the past 24 hours.
- Technical indicators suggest a bearish trend for XRP, with potential for further declines.
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TheNewsCrypto
1w
145
Image Credit: TheNewsCrypto
Whale Accumulation Boosts Neiro Ethereum Token Rally
- Neiro Ethereum (NEIRO) has gained 15% in the last 24 hours, trading at $0.09135.
- A crypto whale has accumulated nearly 8.02 million NEIRO tokens, drawing attention.
- NEIRO had a strategic partnership with DWF Labs to enhance market visibility and growth.
- The NEIRO price surged 15% following the whale accumulation, reaching a high of $0.1025.
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TheNewsCrypto
1w
409
Image Credit: TheNewsCrypto
Can Solana Overcome Selling Pressure to Regain Bullish Momentum?
- Solana (SOL) trades at $166 after losing 0.10% in the last 24 hours.
- The cryptocurrency market has experienced a brief bearish turn in the past 24 hours.
- Solana (SOL) has faced selling pressure, leading to a drop in its price.
- Technical indicators suggest a bearish trend for SOL in the short term.
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TheNewsCrypto
1w
401
Image Credit: TheNewsCrypto
Ethereum Sustains Bearish Trend at $2.5K Despite High Volatility
- Ethereum price has dipped by 0.48% in the last 24 hours, reaching $2.5K.
- Bitcoin remains stable at $69K after a 4% dip, while Ethereum continues its consolidation at $2.5K.
- Ethereum exhibited increased volatility and attempted to break resistance at $2,600 but failed.
- Other cryptocurrencies like Solana and Cardano have shown recovery from previous dips.
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Bitcoinist
1w
123
Image Credit: Bitcoinist
Dogecoin Price Completes October In The Green, Here’s What Historical Data Says About November
- The Dogecoin price ended October in the green, marking its second-highest monthly returns in October since 2014.
- Dogecoin experienced a 41.4% increase in monthly returns in October, triggered by various bullish factors.
- Historically, Dogecoin has shown mixed performance in November, with both positive and negative returns.
- Crypto analyst Ali Martinez suggests that November could spark a parabolic run for Dogecoin if it successfully breaks out of the current triangle pattern.
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Bitcoinist
1w
320
Image Credit: Bitcoinist
Bitcoin Market Sentiment Enters Extreme Greed Zone, What Does This Mean For BTC?
- Bitcoin market sentiment has entered the extreme greed zone, indicating an optimistic outlook for BTC.
- The Fear and Greed index has reached extreme greed levels, suggesting renewed confidence in Bitcoin.
- The increase in market sentiment reflects rising confidence among investors, but there is a risk of overbought conditions.
- Despite the optimism, Bitcoin has experienced a price decline and a dip in market dominance.
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Bitcoinik
1w
256
Image Credit: Bitcoinik
21Shares Files For $XRP Cryptocurrency Spot ETF Fund
- 21Shares has filed for a $XRP spot ETF fund, hoping for approval from the SEC.
- XRP is a popular PoS cryptocurrency running on the XRP Ledger and used in cross-border payment services.
- The SEC's ongoing legal battle with Ripple makes it uncertain whether the XRP ETF approvals will be granted.
- XRP's trading price showed minimal movement after the filing, currently standing at $0.51.
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Bitcoinist
1w
222
Image Credit: Bitcoinist
Machine Learning Algorithm Predicts 109% Surge For Shiba Inu Price, The Timeline Is Shocking
- CoinCodex's machine learning algorithm predicts a 109% surge for the Shiba Inu price.
- According to the forecast, Shiba Inu is projected to reach $0.00003679 in the next five days.
- However, predictions indicate a potential correction beyond November 6, with a projected price of $0.00001782 by the end of November.
- Shiba Inu has support levels at $0.00001698 and $0.00001614, while facing resistance at $0.00001881, $0.00001964, and $0.00002014.
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TronWeekly
1w
136
Image Credit: TronWeekly
XRP Investors Eye $17 Target Amid 950-Day Holding Pattern
- XRP's "Bent Fork" chart suggests a potential price target around $15, with new projections reaching $17.
- The cryptocurrency has been in a 950-day accumulation phase, hinting at a future breakout.
- A significant retracement to $3.5 could establish a new structural foundation for further accumulation.
- Investors should note the new top set for the "Bent Fork" at $17, indicating a potential price surge.
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TronWeekly
1w
0
Image Credit: TronWeekly
Ethereum Faces Grim 62% Plunge According to Veteran Analyst Brandt
- Veteran analyst Peter Brandt warns that Ethereum (ETH) may face a 62% plunge as there are no clear reversal signals.
- Ethereum trades at a 42-month low against Bitcoin, indicating prolonged underperformance.
- Brandt's target price for Ethereum's capitulation is $1,551, which represents a potential 62% decrease from its current value.
- Other analysts also support a pessimistic outlook for Ethereum, highlighting its likely underperformance against Bitcoin.
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TronWeekly
1w
209
Image Credit: TronWeekly
Shiba Inu Fans Stunned by 5.5 Billion Token Burn
- Over 5.58 billion SHIB tokens, worth $100,019, were burned, sparking speculation in the Shiba Inu community.
- The burn was carried out by an anonymous user, leading to theories about the motivations behind it.
- Theories ranged from the burn being orchestrated by the Shiba Inu team or Binance, but it was revealed to be the work of the Shiro Neko team.
- Susbarium warned SHIB investors to be cautious of projects using token burns as promotions and offered tips for assessing legitimacy.
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TheNewsCrypto
1w
316
Image Credit: TheNewsCrypto
How This Solana DEX Token Surged 100% During Uptober?
- Solana DEX token RAY records a 100% surge during Uptober.
- RAY surged to a 30-month high of $3.618, experiencing a 115% spike over 30 days.
- Raydium, the decentralized exchange on Solana, saw impressive growth in various metrics.
- Total value locked (TVL) in Raydium increased to $2.08 billion, with a 170.7% rise in DEX volume.
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