Bitcoin Trader Shorts Chainlink As Hedge Against Downside; Here’s Why
The pseudonymous trader said in his early Wednesday tweet that he is looking to open a high reward/risk short hedge against a likely Bitcoin top.
Altcoins Set to Underperform? Bitcoin Dominance Prints Reversal Signal
While Bitcoin has performed well in recent weeks, some altcoins have done even better. Take the example of Chainlink (LINK), which has almost doubled in the past month. With many...
Analyst: Altcoins Will “Rage Dump” Against Bitcoin as Momentum Pauses
Altcoins have strongly outperformed Bitcoin over recent weeks, with some gaining dozens of percent as BTC has flatlined in the low-$9,000s. Analysts expect altcoins to soon...
Bitcoin Dominance Just Printed a Massive Buy Sign After Altcoin Rally
There’s been what some analysts call an “altseason” over recent weeks as Bitcoin has stalled. Due to the outperformance of altcoins against BTC, the Bitcoin dominance...
Analyst Who Predicted Bitcoin’s 2018 Bottom: Altcoins May Plunge in 2021
It’s been an incredibly strong year for altcoins thus far. Versus Bitcoin, many have outperformed. As reported by Bitcoinist previously, the small-cap, medium-cap, and large-cap...
Crypto Altcoins May Tumble as BTC Dominance Looks to Break Key Resistance
After days of stagnation, the crypto market finally broke higher on Wednesday. In the past 24 hours, Bitcoin has gained 4%. Most altcoins have registered similar gains over that same...
Prominent Stock Trader: 99.9% of Crypto Altcoins Are Going to $0
In 2017 and 2018, non-Bitcoin crypto assets — that’s to say, altcoins — were in vogue. Not a day would go by during the previous bull run without some no-name project, maybe...
Forget Altseason: Bitcoin Dominance Registers “Golden Cross” in Blow to Altcoins
Aside from a few stragglers, as Bitcoin has rallied over the past few weeks, so to have altcoins. Ethereum is up more than 100% from the $88 lows of March, while XRP has nearly...
Crypto Fever Returns as Bitcoin Dominance Drops to 7 Month Low
Crypto currency markets have been lifted again with over $13 billion added over the past 24 hours. Calls for altseason are returning as bitcoin dominance falls but the majority of them...
Why Altcoins Have Not Recovered in the Last 2 Years
Crypto markets have turned green today and yet again it is bitcoin leading the rally. For the past couple of years, altcoins have been battered at the expense of their big brother and...
Social Media Mentions of ‘Altcoin Season’ Tank in October, Data
Social media mentions of “altcoin season” were fewer and far between in the past weeks, after several crashes almost erased the gains made in 2019. Altcoins gave way to growing...
Bitcoin (BTC) Should Not Mind Altcoins: Ari Paul
Bitcoin (BTC) supporters should be neutral or even friendly to altcoins, but be very skeptical of hard forks, commented Ari David Paul, co-founder of BlockTower Capital. But what is...