Altcoin News by Thebittimes.Com

A crypto analyst has predicted when Ethereum, the world’s second-largest cryptocurrency, will bottom against Bitcoin, however, under certain conditions.  Analyst Predicts ETH/BTC Bottom Timeline In a recent X (formerly Twitter) post, crypto analyst and founder of ITC Crypto, Benjamin Cowen, shared his forecast regarding the Ethereum to Bitcoin price ratio, projecting the timeline for when ETH/BTC would hit its lowest value in the current market cycle.  Sharing insights on the market conditions, Cowen noted striking similarities between the present market’s dynamics and the one seen in 2019. He disclosed that ETH/BTC’s recent bounce mirrored the market’s behavior in 2019, two months before the Federal Reserve (FED) cut down rates.  Cowen predicts that the ETH/BTC ratio will reach the lowest point in its price cycl

MicroStrategy stock was down 10% on Tuesday, while Coinbase and other crypto stocks also dumped. Bitcoin price traded to lows of $60,600 before seeing a slight recovery. MicroStrategy , Coinbase , Riot Platforms and Marathon Digital stock s are among crypto -related stock s seeing downside pressure amid Bitcoin’s price struggles. MicroStrategy stock dumps 10% Coinbase’s COIN was down 3% in early trading on Tuesday, hovering around $211.74 while MicroStrategy’s MSTR stock had dumped over 10% to $1,152. The share price of the Michael Saylor led company has declined more than 29% in the past 30 days. Today’s double-digit dump for the MicroStrategy stock price comes a day after the company reported a net loss in Q1. Despite the impairment loss, the BTC buying software intelligence firm reported adding more coins to its holdings. That includes the 122 BTC the company acquired for $7.8 million in April to bring its total haul to 214,400 BTC . As BTC struggles

The Pendle price plunged 20% in the last 24 hours to trade at $4.52 as of 02:30 a.m. EST on trading volume that soared 277% to $212 million. The PENDLE price fell the most among the largest 100 cryptos by market capitalization even as the overall crypto market cap rose a fraction to $2.33 trillion and as Bitcoin climbed 1%. Pendle Price Set To Soar Over The Falling Wedge Pattern PENDLEUSD Chart Analysis Source: Tradingview.com Since mid-March, the Pendle price has been on an upward trend, with a mark up phase to push the price to a new all-time high (ARH) of $7.50. The PENDLE price has not been able to reclaim this level, with the price dropping within the falling wedge pattern. The current trend is, however, bearish, with the price dropping below the lower boundary of the falling wedge. PENDLE is also trading below both the 50-day and 200-day Simple Moving Averages (SMAs), coinciding with the downtrend below the wedge. The Relative Strength Index (RSI) is also trending downwar

Cryptocurrency investors looking for opportunities need to exercise immense caution due to the unpredictable price fluctuation of crypto assets. Preferably, looking into assets with strong fundamentals, a functional team, and an established community is best. That way, investors can reduce the exposure to pump-and-dump projects.  Recently, the number of crypto projects built on the Base chain has increased dramatically. Many of the projects launched in the network have outperformed the crypto market over the past few days. Today’s post reveals the top trending cryptocurrencies on the Base chain and explores the factors contributing to the price action of each token.  Most Trending Cryptocurrency  on Base Chain Also, the article reviews the presale offering of the Bitcoin Minetrix crypto project and its listing plans. According to the project’s website, the team and community anticipate the April 30th launch of the project. Thus, the information below highlights all investors need t

​​Investors stormed the office of Russian crypto exchange Beribit last weekend demanding the return of over $4 million in frozen funds.  Beribit staff reportedly fled the Moscow Federation Tower office as it was occupied by around 50 people demanding the return of over 400 million rubles ($4.2 million) from the exchange. According to the Russia n news outlet Gazeta, employees tried to escape through the back exit but were chased by the occupiers. Beribit staff reportedly tried to placate the intruders by handing out chocolate and promising 50% of their frozen Crypto would be returned.  In Moscow, depositors of the crypto exchange Beribit were given chocolates instead of money Approximately $4.3 million of investors' funds are frozen in the accounts of the crypto exchange. Customers have been storming the office for the second day, demanding their money back.… pic.twitter.com/udvlommsOI — NEXTA (@nexta_tv) April 27, 2024 Nexta shared footage of the chocolate being offered.

Apr 28, 2024 at 13:46 // Price Author Coin Idol Below are some of the cryptocurrencies that are currently in their respective bull markets. The best-performing altcoins are making gains, but they face significant resistance at a recent high. Cryptocurrencies will retrace above the moving average, indicating further upside. Others are falling within the moving average lines, allowing for further volatility in cryptocurrencies. Bonk The price of Bonk (BONK) is in a sideways trend. Since December 14, 2023, the cryptocurrency value has risen from a low to a high

Following a pullback, the price of Bitcoin has continued on its downward movement. The coin, after failing to break above the 100-day Simple Moving Average (SMA) and the trend line has experienced a drop of over 6% from its previous high. Will the price of BTC continue to move in a downward direction or will it reverse and start moving in an upward direction? As of the time of writing, the price of BTC was trading around $62,972 which is about 28% down from its all-time high and was down by 1.27% in the last 24 hours. Although the price is trading below the 100 SMA on the 4-hour chart, on the daily chart it is still trading above the 100 SMA. Current Condition Of Indicators And What They Suggest Looking at the chart, technically a support level and a resistance level of $59,653 and  $67,255 were formed respective

A new Solana -based meme coin is currently driving market momentum, spurring user sentiment and interest. Maneki, trading by the name MANEKI on CoinMarketCap, is the newest meme coin introduced in the market, which has taken the domain by storm. The token has surged a staggering 45%, stirring curiosity within the crypto vertical.  Also Read: Post Halving Solana (SOL) Eyes $300; Here’s When It Can Breach It What Is the Maneki Token All About? Image Source: Watcher Guru Maneki is dubbed a Japanese beckoning cat-inspired token, inviting users to explore its potential to the fullest. Influencing the market by disseminating the symbolism of age-old Japanese wisdom, Maneki is a one-of-a-kind Solana -based cat token, mixing mythology with the budding web3 crypto arena.  $MANEKI REACHES ANOTHER NEW ALL TIME HIGH The cats are taking over Will $MANEKI be the first cat to reach $1B? https://t.co/cWNY8aK8RG pic.twitter.com/PpCe8SCkhf — The Wolf Of Crypto Streets (@W0LF0FCRY

The Bonk price has gained 8% in the past 24 hours to trade for $0.00002584 as of 02:16 a.m. EST on trading volume that soared 25%. BONK is the top gainer among DOGE-themed meme coins, and second only to Solana-based, cat-themed Popcat, which has soared 17%. Today's crypto crush? $BONK's hitting the spotlight! 🎉 Let's dive into the excitement surrounding today's standout star.✨ Add $BONK to your CF portfolio & grab those extra gains! 💥#BONK #memecoin #MemeCoinSeason pic.twitter.com/1NmJPhotXo — CoinFantasy (@Coinfantasy_Io) April 26, 2024 But it’s BONK that’s in the spotlight. The surge in the Bonk price comes following the passing of a vote to reduce the token’s supply by billions. An official announcement from the decentralized autonomous organization (DAO) read, “The BONK DAO community proposal to BURN 278,393,137,215 billion BONK has passed via council vote.” The community vote ended with 418,625,159,192 votes in favor, representing a 99.9% support of

The current bull run defies widespread expectations. Before the bull run, many traders assumed that funds from the Bitcoin uptrend usually rotate into altcoins. According to data from past bull cycles, it is clear that the Bitcoin rally precedes the emergence of the next cryptocurrencies to explode . Sadly, the predictions this time are not as accurate as expected. Only a handful of alts follow the BTC trend. Rather than funds flooding the altcoins market, investors are betting heavily on meme coins in what appears to be another meme coin season. Next Cryptocurrency To Explode Currently and in the coming weeks, attention in the crypto market has been directed toward the mining sector as the market moves ahead after the Bitcoin halving. Hence, investors can capitalize on the moment and take a position in upcoming tokens like 99Bitcoins. The project plans to make learning about Bitcoin fun by turning it into a game, and this post covers the details of its presale. 1. Tron (TRX) TRON

PANDA and MEW see price rally but face resistance resulting in pullbacks. Investors shift focus to Altgotech amid cooling off of PANDA and MEW momentum. Altgotech aims to revolutionize trading and its native token ALGT is currently in the presale stage. In the volatile world of cryptocurrency, investors are always on the lookout for the next big opportunity. Recently, two altcoins, Panda Swap (PANDA) and Cat in a Dogs World (MEW), experienced significant price rallies, attracting attention from the crypto community. However, the bullish momentum for the two tokens has cooled off and investors are now turning their focus to a new altcoin like Algotech (ALGT), signalling a dynamic shift in market sentiment. Panda Swap (PANDA) price rally and pullback Panda Swap (PANDA) recently witnessed a remarkable price rally, driven by massive interest from the meme coin community. The token’s surge was fueled by anticipation surrounding its expected listing on MEXC exc