Author: cointechies

Matthew Siegel links the recent altcoin rally to Bitcoin's rise above $100,000 and predicts Bitcoin will rise further before reaching its all-time high. The Altcoin Season Index is currently at 63, indicating an upcoming rally for Bitcoin. Top altcoins such as Hedera and Stellar have shown significant gains in three months. Despite the market being slightly down, analysts like JA Marthun see the current decline as a strong buying opportunity for assets including Bitcoin. As traditional asset returns decline, investors are increasingly turning to alternative assets such as Bitcoin, potentially reshaping their investment portfolios. Matthew Sigel, Head of Digital Assets…

SINGAPORE, Dec. 10, 2024 (GLOBE NEWSWIRE) — FBS, a leading global broker, is highlighting the return of altseason, a phase in the cryptocurrency market characterized by increased attention to altcoins. The 2024 Alternatives Season reflects evolving trends in blockchain innovation, including projects like Fetch.ai that integrate AI into decentralized applications and layer 2 solutions like Arbitrum that enhance scalability. Additionally, meme coins such as Dogecoin continue to engage with the community and further diversify the market landscape. FBS analysts attribute this alternative season to technological advances, regulatory clarity, and hopes for Bitcoin ETFs to broaden the appeal of cryptocurrencies. Altcoins…

Bitcoin price was hovering around $97,500 on Wednesday after falling 4.47% since Monday. Ethereum price ended below the daily support level of $3,721, indicating that the decline continues. Ripple price finds support around $1.96. A closing price below this would indicate further decline. Bitcoin (BTC) price was hovering around $97,500 on Wednesday after falling 4.47% so far this week. Ethereum (ETH) also followed BTC’s lead and closed below a key support level, hinting at a continued decline ahead. Ripple (XRP) has rebounded from a key support level. A closing price below this would indicate further decline. Also on Tuesday, crypto…

Chainwire, Palo Alto, USA, December 11, 2024 UAE offers gateway to innovative high-growth developers, institutions and investors Aptos Foundation, a global blockchain leader dedicated to supporting Aptos ecosystem and Web3 development around the world, announces the opening of a new office in ADGM, a major international financial center in Abu Dhabi I'm proud to be able to do this. This strategic expansion marks a significant milestone in Aptos Foundation's mission to build a robust global blockchain ecosystem. The Abu Dhabi office will serve as the hub of Aptos Foundation's activities in the region, with a focus on fostering partnerships and…

Solana has started a downward correction below the $230 zone. SOL price is currently recovering from losses and facing a hurdle near the $220 level. SOL price started a new rally after testing the $204 zone against the US dollar. The price is currently trading below $230 and the 100 hourly simple moving average. There is a major bearish trendline forming resistance at $220 on the hourly chart of the SOL/USD pair (data source: Kraken). If the bulls clear the $220 zone, the pair could start a new rally. Solana Price's eyes break upward Solana price formed a support base…

Axios revealed President Trump's ambition to take Bitcoin above US$150,000, considering it a “stock market” benchmark. At the Bitcoin MENA event, Eric Trump called Bitcoin a transformative financial asset, predicted its value could reach US$1 million, and urged governments and banks to embrace the cryptocurrency. . According to Axios, unnamed sources have claimed that President Trump “hopes” for Bitcoin to reach US$150,000 (A$235,000) during his presidential term, and will closely monitor the cryptocurrency. He said that he views the market as a kind of “stock market.'' As we all know, since Trump won the presidential election in November, Bitcoin has…

OverTrip, a blockchain-based battle royale game, launches on PC via the Epic Games Store in its third season, introducing a “skill mode” that allows players to stake real money using TRIP tokens . TRIP tokens, which were launched via Pump.fun on November 30, are used for in-game transactions and skill mode bets. OverTrip, the popular third-person battle royale shooter, has been released on PC via the Epic Games Store. This coincides with the launch of the third content season, which introduces a new “skill mode” that allows players to bet real money on their performance using OverTrip’s new token, TRIP.…

Microsoft shareholders rejected a proposal to the company's board of directors to consider investing in Bitcoin at the company's annual meeting on December 10th. Microsoft's board of directors had formally advised shareholders against the proposal, explaining that it had already considered and ruled out Bitcoin. investment. The proposal comes from the National Center for Public Policy Research, a conservative think tank known for its climate change denialism and ties to Project 2025. In a result that probably won't surprise anyone but the most ardent Bitcoin maximalists, Microsoft shareholders have voted against a proposal for the company's board to consider investing…

Important points Caroline Crenshaw has been criticized for her stance on crypto ETFs and spot Bitcoin ETFs. The SEC is facing a change in leadership amid internal disagreements over cryptocurrency regulation. Share this article The Senate Banking, Housing, and Urban Affairs Committee will decide tomorrow on the reappointment of Caroline Crenshaw as SEC Commissioner. However, Crenshaw's renomination faces fierce opposition from the crypto industry due to her perceived anti-crypto stance.The Digital Chamber of Commerce, a US advocacy group focused on promoting blockchain technology and the digital asset industry, has publicly urged the Senate Banking Committee to reject SEC Commissioner Caroline…

XRP price found support near the $1.90 zone. The price is reversing losses and the bulls may aim for a move above the $2.35 resistance zone soon. XRP price started a new decline below the $2.25 zone. The price is currently trading below the 100-hour simple moving average at $2.320. On the hourly chart of the XRP/USD pair (data source: Kraken), the pair broke above the bearish trend line connected to the resistance at $2.22. If the pair clears the resistance at $2.36, the pair could start to move higher. Fresh Surge is the key to XRP price The price…