There’s no denying that DeFi is the hottest trend in crypto, bar-none. This sub-set of decentralized finance-focused altcoins have been on fire as of late, beating out Bitcoin and other top crypto assets by a large margin. It has prompted one pseudonymous crypto trader to trash major altcoins like XRP, Litecoin, Bitcoin Cash, and other…
The crypto market has taken a strange turn in recent weeks. What started out as a perfectly sustainable trend of rapidly growing DeFi projects, has turned into a weird world of worthless assets. Rather than new money coming in, as one economist points out, it is crypto insiders who know better that are buying these…
With Bitcoin pumping, major altcoins flying, and new all-time highs being set, the crypto market fear and greed index is tapping highs not seen in over a year. In fact, the metric has achieved the second-highest reading in the index’s history. What does soaring crypto market greed potentially reveal about where the current uptrend stands?…
A fractal has been discovered in silver and altcoins that mimics the early days of Bitcoin. Silver is already on the move, starting to follow the fractal, but the crypto market is lagging behind. If – like Bitcoin has followed gold – altcoins continue to follow silver, an explosive surge is just around the corner.…
The top two crypto asset by market cap Bitcoin and Ethereum pumping so hard has left the rest of the crypto market in its dust. Even DeFi tokens that had once been hot to trot have plummeted in the wake of this week’s rally. But one crypto analyst claims its wise to pay close attention…
Bitcoin dominance has been plummeting recently letting altcoins have their time in the crypto market spotlight for a change. But as altcoins begin to correct, BTC dominance is signaling that the asset is about to recover from the altcoin market’s rally against it. What does this mean for Bitcoin, and how will certain altcoins withstand…
All across the cryptocurrency community, there’s buzz once again about an altcoin season. But it may not only be current market participants driving the current surge in altcoins.Google Trends shows that search queries for “altcoins” have reached the second-highest point in all of 2020. What’s this mean for the crypto market?Is Alt Season Upon Us?…
Bitcoin dominance has been caught in a descending channel since May when it reached 69%. At present, BTC represents 64.9% of the total cryptocurrency market cap, a 10-week low.Bitcoin dominance year to date. (Source: tradingview.com)The end of last month saw the start of a sharp down leg, which has had the effect of sparking life…
Last week, Bitcoin price fell from a high of $9,800 to a low of $8,900. Ethereum fell over 10% from $248 to $215. But while these top crypto assets tanked, several small-cap altcoins not only surged but set records for a new all-time high.What’s causing these underdog altcoins to rally while major crypto assets continue…
Volume on Ethereum blockchain is rising faster than Bitcoin for the last three months, according to data fetched by Santiment.The second-largest cryptocurrency is leading a pack of top 100 altcoins with better on-chain metrics than that of Bitcoin.Observers note that a swift rise in altcoin volumes forms a local price top.Ethereum, the world’s second-largest cryptocurrency…