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Is The Biggest Altseason Coming Soon? Analysts Are Eyeing a Crypto Market Shift Top Crypto Analyst Says Bitcoin Far Closer to the Cycle Peak Than People Want To Admit – Here’s His Timeline 18 U.S States File Lawsuit Against SEC, Gensler Over Alleged Regulatory Overreach in Cryptocurrency Sector Analysts believe Bitcoin, Ethereum may face further downside in the short term Bitcoin finally breaches $80K: What will BTC’s next ATH be? Bitcoin Miner Capitulation Comes To An End – Time To Buy BTC? Altcoin Season? Not Even Altcoin’s Month Right Now HMRC Can’t Value Seized NFTs Seized in 2022 Coinbase Faces Intense Backlash Over Account Restrictions Claims Potential Altcoin Season in August, Says JPMorgan

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Is The Biggest Altseason Coming Soon? Analysts Are Eyeing a Crypto Market Shift

TLDR Analysts suggest the altcoin market may be near a “momentum bottom” The crypto Top 200 Equal Weight Index shows a downward trend, but the Altseason indicator hints at a potential recovery Daily active user (DAU) count across blockchains is up 97% year-to-date Bitcoin dominance remains high at 54%, indicating it’s still “Bitcoin season” Ethereum’s performance against Bitcoin could signal the start of an altseason As Bitcoin continues to dominate the cryptocurrency market, analysts are pointing to signs that an “altseason” – a period when alternative cryptocurrencies outperform Bitcoin – may be on the horizon. Despite recent downward trends in...

16.07.2024

Top Crypto Analyst Says Bitcoin Far Closer to the Cycle Peak Than People Want To Admit – Here’s His Timeline

A closely followed crypto trader believes Bitcoin (BTC) will hit its cycle peak well before people’s expectations. Pseudonymous trader The Flow Horse tells his 247,900 followers on the social media platform X that Bitcoin’s market peak this cycle could come in as early as the first quarter of 2025. “I don’t care what anyone else says. We are far closer to ‘the end for a bit’ than people want to admit. I would say within the first quarter. After big price moves, the chatter often shifts to even bigger moves – multiples of the current price. Ironically, that’s usually a...

07.12.2024

18 U.S States File Lawsuit Against SEC, Gensler Over Alleged Regulatory Overreach in Cryptocurrency Sector

You are here: Home / News / 18 U.S States File Lawsuit Against SEC, Gensler Over Alleged Regulatory Overreach in Cryptocurrency Sector Key Insights: Eighteen states challenge SEC’s authority over crypto, spotlighting a clash between federal and state regulatory roles. Led by Kentucky, the lawsuit advocates for state-driven crypto regulation, emphasizing innovation and tailored governance. The case could reshape U.S. crypto regulations, aligning with Trump’s vision to make America a global crypto leader. On Thursday, 18 U.S. states filed a lawsuit against Securities and Exchange Commission (SEC) Chair, Gary Gensler. In the legal suit the 18 states accuse Gensler of...

15.11.2024

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Is The Biggest Altseason Coming Soon? Analysts Are Eyeing a Crypto Market Shift

Top Crypto Analyst Says Bitcoin Far Closer to the Cycle Peak Than People Want To Admit – Here’s His Timeline

18 U.S States File Lawsuit Against SEC, Gensler Over Alleged Regulatory Overreach in Cryptocurrency Sector

Analysts believe Bitcoin, Ethereum may face further downside in the short term

Analysts believe Bitcoin, Ethereum may face further downside in the short term Gino Matos · 3 days ago · 2 min read BTC and ETH still have significant challenges in the short term, as they must conquer key supports in the daily chart. 2 min read Updated: Aug. 9, 2024 at 7:53 pm UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. Bitcoin (BTC) and Ethereum (ETH) recovered 21% and 18%, respectively, from their bottoms registered after the Aug. 4 crash. However, Aurelie Barthere, Principal Research Analyst at Nansen, told CryptoSlate that the worst may...

Bitcoin finally breaches $80K: What will BTC’s next ATH be?

Journalist Posted: November 11, 2024 Share this article Around 4.27% of Bitcoin’s supply was backing spot exchange-traded funds at press time. Analyst forecasts a market peak between November 2024 and February 2025. Bitcoin [BTC] continues to show the crypto market why it’s the king coin. After nearly a month of consolidation and sideways movement, the market leader hit a new record high after smashing past $80K. The cryptocurrency hiked by over 5% over 24 hours and over 18% in the last seven days, AMBCrypto noticed using CoinMarketCap data. Bullish environment for growth Bitcoin’s movement comes on the back of general...

Bitcoin Miner Capitulation Comes To An End – Time To Buy BTC?

Indeed, the Bitcoin price has been on a hot streak in recent weeks, returning to its past heights most investors have become accustomed to. However, the past week was a somewhat quiet one for the premier cryptocurrency, as it was for most of the digital asset market. Interestingly, the latest on-chain insights suggest that the crypto market, specifically the Bitcoin market, might not be inactive for too long. BTC Price Momentum Shifts To Positive – Impact On Price? In a recent post on the X platform, popular crypto pundit Ali Martinez revealed that Bitcoin miner capitulation has seemingly come to...

Altcoin Season? Not Even Altcoin’s Month Right Now

Bitcoin’s price drop generally causes both concern and celebration, but the last few instances have only been the former. The dependence of the altcoins on Bitcoin has left them impaired, resulting in a failed Altcoin Season. Where Does Bitcoin Stand? Bitcoin’s price has declined sharply by 4% over the past 24 hours, dropping to $54,300. The dip below $55,000 raises concerns among investors, as this level represents the last significant support before a potential fall to $50,900. This $50,900 target corresponds with the double top pattern observed in March and July, indicating a possible additional 8% decline. Bitcoin Price Analysis....

HMRC Can’t Value Seized NFTs Seized in 2022

By Mark Hunter 5 days agoFri Nov 29 2024 08:17:29 Reading Time: 2 minutes The UK’s tax authority, HM Revenue and Customs, is still trying to figure out how to value three NFTs sized in a 2022 investigation Two years on, the agency has yet to determine how to accurately value the assets The agency remains tight-lipped about the NFTs’ current status, citing security and compliance concerns The UK’s tax authority, HM Revenue and Customs (HMRC), is still trying to work out how to value three NFTs sized in a 2022 investigation. HMRC seized the NFTs as part of a...

Coinbase Faces Intense Backlash Over Account Restrictions Claims

Coinbase Support has come under severe scrutiny as users on X reported restricted access to their accounts. The backlash came after Coinbase claimed that a ‘minor increase’ in restricted accounts was due to prolonged inactivity and FUD (fear, uncertainty, and doubt) concerns. However, hundreds of users have commented on the post, detailing how their accounts have been frozen for months and even years. Users on X also left a community note, saying Coinbase’s statement is false. Coinbase Support Faces Major Scrutiny from Users On Monday, December 9, Coinbase support acknowledged a significant rise in account activity, including new and reactivated...

Potential Altcoin Season in August, Says JPMorgan

The altcoin season is one of the most anticipated events this year, as non-Bitcoin investors have been waiting for profits for a long time now. The chances of an altcoin season rose prior to the recent crash, but there are hopes for the coming month. JPMorgan Is Bullish on Recovery In a recent research report, JPMorgan noted that they expect Bitcoin and the crypto market to rebound in August. The report further noted that the potential for liquidations diminishing before the end of this month is high. However, the bearish market conditions led to the bank lowering its estimated net...