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Altcoins News
Coinpedia
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Altcoin Season Soon: Not a Trap, List of Altcoins That Have Survived the Storm
- Bitcoin could reach new all-time highs, and altcoins are poised for a significant rebound.
- The recent market movements have provided clarity on which altcoins are resilient and poised for growth.
- Key altcoins to watch include Injective (INJ), Fantom (FTM), Thorchain (RUNE), Stacks (STX), and Dogecoin (DOGE).
- Last week's decline serves as a reminder to stay calm, as there are still opportunities ahead.
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Bitcoinist
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Tether Marks 10th Anniversary With Teaser For USDT Documentary
- Tether, the issuer of USDT stablecoin, is celebrating its 10th anniversary with the announcement of an upcoming documentary titled “Stability and Freedom in Chaos.” The film showcases real-life stories of people from Brazil, Argentina, and Turkey who use USDT in their everyday transactions amidst economic crisis and hyperinflation.
- USDT has become the third-largest cryptocurrency with a market capitalization of around $120 billion. Its stability and potential as a dollar-pegged currency have made it popular in countries with devaluing local currencies, such as Brazil.
- The documentary aims to highlight the financial inclusion and empowerment provided by USDT, especially in high-inflation economies like Argentina and Turkey. Tether's CEO, Paolo Ardoino, emphasizes their mission to offer financial instruments to those ignored by traditional banking systems.
- Tether also emphasizes its involvement in combating cryptocurrency-related criminal activities and its assistance to law enforcement agencies in seizing illicitly obtained USDT.
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Coinpedia
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Top Gaming & RWA Tokens to LooK Out This Uptober-IMX, AVAX, LINK Prices Eye on a 50% Jump
- The Gaming and RWA tokens like Immutable (IMX), Avalanche (AVAX), and Chainlink (LINK) show potential for significant gains in October.
- Immutable (IMX): The price may enter the resistance zone between $1.56 and $1.63 and push above $1.8. A small pullback may occur before a bullish reversal.
- Avalanche (AVAX): The price is attempting to rise above the average range and may reach the upper resistance of the channel around $31. A failure may cause a drop below $24.
- Chainlink (LINK): The price continues to trade within an ascending triangle. If it clears the resistance zone between $12.5 and $12.91, it may trigger a massive breakout.
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Newsbtc
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XRP Takes A 16% Hit In SEC Lawsuit Drama, But Analysts See Hope
- XRP, the native coin of Ripple, has lost about 16% of its value in October 2024 due to the US SEC's appeal in its ongoing lawsuit against Ripple.
- Analysts remain mixed with skepticism but are optimistic about recovery and see potential for a rebound in XRP's price.
- Whale activities have been observed with significant XRP transfers to exchanges, which has sparked interest among traders.
- XRP's future heavily depends on the outcome of the legal battle with the SEC, with potential consequences ranging from further losses to a sharp decrease in price.
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TheNewsCrypto
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Can NEIRO Hit $0.17 After a Major Price Surge?
- NEIRO, a dog-themed meme coin, has registered a price surge of over 46% in the past 24 hours.
- NEIRO currently trades at $0.001445, with a recorded lowest price of $0.0009746 and the highest price of $0.001502.
- A NEIRO buyer swapped 190.5 billion PEPE and 6 ETH for 1.466 billion NEIRO, earning a profit of $824K in three trades.
- NEIRO's recent price breakout and increased trading volume suggest potential testing of the resistance at the $0.001600 range.
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Coinpedia
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XRP Triggers a Rebound? Is a 5% Recovery Sufficient to Revamp the XRP Price Rally?
- The XRP price triggered a strong rebound from the bottom close to $0.5 but struggled to push prices beyond the range.
- Authorities have scheduled a private meeting to discuss a potential settlement with XRP, impacting its price.
- The XRP price has dropped below crucial support levels and needs to surpass the resistance at $0.5448 for further gains.
- A failure to rise above the resistance may hinder the rally, while a successful breakthrough could lead to higher targets above $0.65.
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NullTX
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RIPPLE PRICE ANALYSIS & PREDICTION (October 7) – XRP Decides Next Move Amid Slight Market Recovery, Where Next?
- XRP lost momentum after failing to sustain buying above a key level.
- The price dipped near last month’s $0.50 low and is currently trading at $0.53.
- A breakdown at the current low could take trading back to August’s low.
- Key resistance levels for XRP are $0.6, $0.64, and $0.7, while key support levels are $0.5, $0.432, and $0.383.
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TheNewsCrypto
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Bitget BGB Faces Major Dip Followed by Rapid Rebound
- BGB price enters $1.06, after losing 50% in the last 24 hours.
- Officials have assured to compensate the affected assets.
- Bitget Token (BGB) experienced unexpected volatility, declining over 50%, but the price quickly stabilized.
- Gracy Chen, CEO of Bitget, announced an investigation, assured compensation for asset losses, and proposed a compensation plan within 24 hours.
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Newsbtc
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Starknet: Long Positions Liquidated Lead To 16% Losses
- Starknet (STRK) faces huge losses as it follows the market-wide correction phase that shook investor portfolios.
- Nearly 16% fall in STRK led to $87k wipeout of long positions in the past 24 hours.
- Bulls hope for a bullish reversal as STRK stabilizes above $0.3891 resistance level.
- Starknet's total value locked (TVL) has grown nearly 700% in under a month, indicating positive developments for long-term sentiment.
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Coinpedia
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MOG, WIF Price Skyrockets & POPCAT Hits a New ATH- What’s Next For These Memecoins?
- MOG, WIF, and POPCAT memecoins are experiencing surging prices.
- MOG Coin (MOG) is expected to form a new ATH and trigger a bullish push.
- Popcat (POPCAT) broke out of resistance and hit a new ATH, likely to maintain an ascending trend.
- Dogwifhat (WIF) prices regained bullish control and could achieve a new ATH soon.
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Bitcoinist
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Chainlink: The Investment Of A Lifetime? Analyst Thinks So
- Cryptocurrency expert Michael Van De Poppe considers Chainlink as a lifetime opportunity.
- Chainlink is gaining momentum and experiencing growth due to strategic developments and increasing institutional interest.
- LINK's price forecast suggests a potential increase of 28.06% in the next three months and 182.16% in the next six months.
- Chainlink's market positioning is supported by its expanding blockchain ecosystem involvement and successful collaborations.
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TronWeekly
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Aave Approaching Key Accumulation Zone Ahead of 2025 Bull Market
- Aave is in a critical accumulation phase, with prices likely to drop to $69-$107.
- The current correction presents an opportunity ahead of the anticipated 2025 bull market.
- Alan Santana predicts that Aave will surpass $600 during the next major cryptocurrency rally in 2025.
- Investors have a unique opportunity to buy at discounted prices before the 2025 bull market, with Aave's upcoming accumulation phase.
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TronWeekly
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Algorand Poised For Long-Term Accumulation Phase Amid Market Correction
- Algorand (ALGO) is entering a long-term accumulation phase with the potential for further price drops.
- Investors are advised to utilize the current price correction to accumulate ALGO ahead of the anticipated 2025 bull market.
- Despite recent declines, Algorand maintains an active trading volume of $37.5 million in the last 24 hours.
- Market experts predict significant growth for ALGO in 2025, making it a good investment opportunity during the current correction phase.
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Coinpedia
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Crypto Weekly Roundup (6th Oct 2024): Bitcoin & Altcoins Plunge, SEC Files Appeal Against Ripple Again!
- Bitcoin and altcoins experienced significant declines due to geopolitical tensions.
- The SEC has appealed the ruling in the legal dispute with Ripple, while Bitwise filed for a new XRP ETF.
- Coinbase plans to delist Tether and other stablecoins by the end of 2024 due to EU MiCA regulations.
- SWIFT is preparing for live trials of crypto transactions in 2022, aiming to incorporate blockchain technology.
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TechBullion
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Essential Elements of a Low-Latency Trading Infrastructure
- Speed is everything in trading.
- The network architecture plays a significant role, including the physical layout of servers, the quality of data lines, and the distance to exchanges.
- Strategies like co-location can cut down the distance data needs to travel, reducing the time also.
- The type of cables used, like fiber optics versus traditional copper, also impacts speed.
- Investing in the right network infrastructure is necessary to stay competitive in the fast-paced trading world.
- Hardware plays a critical role in trading, and Specialized processors, such as FPGAs and GPUs, are often used because they can process data faster than standard CPUs.
- Hardware needs to handle large volumes of data at lightning speeds, and even memory to storage devices needs to be fine-tuned for speed.
- Software plays an equally vital role in achieving low-latency trading.
- Traders often use custom-built algorithms optimized for speed, and keeping software up-to-date is crucial as hardware upgrades.
- Latency measurement is crucial in trading. Various tools are used to measure how long it takes for a trade to be executed from the moment it's triggered.
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