Altcoin News Official TheBitTimes.com

The crypto market is showing promising signs of a resurgence, sparking excitement among investors and enthusiasts. The global crypto market cap has surged to $2.29 trillion, marking a 4.13% increase in just the past day. Trading volume has also seen a significant boost, with a 23.54% rise to $64.26 billion in the last 24 hours. Bitcoin and Ethereum, the two leading cryptocurrencies, have both recorded impressive gains of nearly 10% this week. This upward momentum is further fueled by the anticipated launch of Ethereum ETFs, with ETF expert Nate Geraci predicting their arrival imminently.   Welcome to spot eth ETF approval week… I’m calling it. Don’t know anything specific, just can’t come up w/ good reason for any further delay at this point. Issuers ready for launch. — Nate Geraci (@NateGeraci) July 14, 2024 Thes...

The Bitcoin halving is one of the most anticipated events of the year. With Bitcoin touching the ambitious milestone of $70K, the industry is encountering increased user momentum.  The event of Bitcoin halving is crucial in many ways. It is set to bolster the price of BTC in the long run while keeping its element of scarcity intact. However, the event of Bitcoin halving is also associated with a change in the natural crypto market, where the influx of funds towards other altcoins increases.  Keeping that aspect in mind, Here are our three most popular altcoin lists that may potentially double their prices post-Bitcoin halving.  Also Read: Cryptocurrency: 3 Meme Coins That Can Turn $1,000 Into $10,000 in April 2024 Three Crypto Coins That Can Increase 10x Post-Bitcoin Halving Image Source: WatcherGuru Cryptocurrency #1: Ethereum Historically, bitcoin-halving events have been known to bring considerable attention to other altcoins. While Bitcoin may notice ...

A widely followed trader believes that the crypto markets look poised for another leg up with alt coins spearheading the rally this time around. Analyst Michaël van de Poppe tells his 685,300 followers on the social media platform X that the TOTAL chart, which tracks the overall market capitalization of all crypto assets, is gearing up for a nearly 33% rally. According to the trader, the rally will likely happen with alt coins taking center stage while Bitcoin (BTC) goes through a period of consolidation. “The total market capitalization for crypto seems ready for another push towards $2.1 trillion, but that will be done through coins other than Bitcoin. Consolidation period, before the next impulse, is likely going to occur.”  Source: Michaël van de Poppe/X Looking at the trader’s chart, he seems to suggest that TOTAL will hit a $2.1 trillion valuation before April. At time of writing, TOTAL is trading at $1.578 trillion. Van de Poppe say...

Crypto analytics firm Glassnode says that liquidity is drying up in the altcoin market as an appetite for risk-on assets declines. In a new Analysis , the firm says key altcoin metrics are at cycle lows indicating market weakness. Says Glassnode, “Liquidity continues to dry up across the digital assets as network settlement, exchange interaction and capital flows reside at cycle lows, heavily underscoring the current acute apathy experienced by the market. The long-term holder cohort remains resolute as their supply continues to ascend to new ATHs (all-time highs) whilst HODLer growth remains robust, tightening the active tradeable supply. Despite large fluctuations in valuation for alt coins , a symptom of the prevailing low liquidity environment, our new altcoin framework which simulates the waterfall effect of capital rotation suggests a risk-on regime is not in play, providing confluence to the lack of liquidity available to digital assets.” Glassnode als...

The generational shift in financial preferences has never been more evident. Younger demographics, especially millennials, are embracing digital assets like Bitcoin and meme coins like  Alex The Doge . This enthusiasm for decentralized finance (DeFi) and digital assets is not a passing trend but a significant economic shift that could change the financial landscape. >>>>Buy ALEX presale now<<<< Bitcoin: a break from traditional finance Bitcoin is often seen as the gold standard of the crypto market. Its decentralized and non-governmental nature, which provides freedom from financial institutions and traditional monetary systems, appeals to millennials. For a generation raised amidst economic crises and an ever-growing mistrust of banking systems, Bitcoin offers an alternative that aligns more with their values. The digital nature of Bitcoin also suits the tech-savvy millennial generation who are comfortable operating in a digital world. BTC transacti...