Altcoin News Daily Official TheBitTimes.com

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Cryptocurrency analyst Benjamin Cowen is saying Bitcoin (BTC) is primed to continue outperforming altcoins over the near term. Cowen tells his 894,000 YouTube subscribers that, based on the social risk metric, which gauges crypto market sentiment based on the social media activity of market participants, altcoins could continue underperforming the crypto king. “I have often said Ethereum is sort of like the index of the altcoin market. If it’s doing poorly, interest in crypto is not that high and altcoins aren’t really doing that great. And you can see that as Ethereum has collapsed, so too did the social risk. So when we talk about the social interest in crypto and it being low, what it means is that altcoins will likely keep bleeding to Bitcoin.” Source: Benjamin Cowen/YouTube According to the widely followed analyst, the loosening of the US monetary policy could turn the tide in favor of altcoins. “Despite what people say, they truly w...

Crypto asset management giant CoinShares says institutional investors pulled billions of dollars out of crypto last week. In its latest Digital Asset Fund Flows Weekly Report, CoinShares says crypto products are enduring their worst run of investor outflows in a decade. “Digital asset investment products saw a 5th consecutive week of outflows, totaling US$1.7bn, bringing the total outflows over this negative funk to US$6.4bn. This also marks the 17th straight day of outflows, the longest negative streak since our records began in 2015. Despite prevailing negative sentiment, year-to-date inflows remain positive at US$912m. Following this price correction and sustained outflows, total assets under management (AuM) have declined by US$48bn.” Source: CoinShares Regionally, the United States provided $1.2 billion in outflows, 93% of all outflows. While Germany provided minor inflows of $8 million, Switzerland also saw outflows of $528 million. Per usual,...

The price of the Chainlink (LINK) cryptocurrency is surging on Wednesday, with its price up over 15% in the last 24 hours. The altcoin was up as high as 16.8% in the morning, etching a path to reverse its February drop. The asset had previously surged after US President Donald Trump announced plans for the country’s first crypto reserve. Although LINK was not named, the president noted that it would include “other valuable cryptocurrencies” to purchase to make up the reserve. However, the increase did not last, as it is started March down once again in price. Fortunately, the coin’s price is picking up some steam and promise. LINK is up to $16.14, and its trading volume has risen by $938.4M. This trading volume rise is a good sign of heightened market interest in the Chainlink cryptocurrency. Additionally, there is returning speculation about its technology being adopted by the U.S. strategic reserve. Will Chainlink Integration into US Strategic Crypto Reserve Send LINK Soaring? C...

Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying cryptocurrencies with explosive potential might take work, as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future. Next Cryptocurrency To Explode  It’s that time in the market when investors and traders take a position to either edge their gains or capitalize on emerging trends. Experts believe investors have a better chance of finding the next cryptocurrency to explode among upcoming crypto projects. Therefore, investors should consider Best Wallet’...

The cryptocurrency market is witnessing a strong upward trend, fueled by recent bullish rallies. Bitcoin has reached a new milestone, hitting an all-time high of $107,000 and driving market optimism. As a result, the global crypto market cap has risen to $3.77 trillion, reflecting a 2.96% increase over the last 24 hours. Altcoins are also benefiting from this market rally, with Stellar (XLM) emerging as one of the standout performers. It has gained 123.20% over the past month, showcasing strong upward momentum. With market sentiment currently bullish, this could be a promising time for investors looking to diversify their portfolios. This article will explore the best crypto to buy right now , highlighting top-performing cryptocurrencies that are showing strong growth potential. Best Crypto to Buy Right Now The Aave DAO has approved a co-incentive campaign to encourage PYUSD adoption on Aave and strengthen PYUSD/GHO liquidity. Meanwhile, Stellarhas gained attention after rising 11.1...

The meme coin market surged by around $7 billion in the past 24 hours, helping power the Crypto All-Stars ($STARS) presale past $10.3 million. Once derided as joke coins, meme coins are the fastest-growing crypto sector, today valued at $146.5 billion with a 24-hour trading volume of $37.7 billion.  And some meme coins are more equal than others, which is where the innovative one-of-a-kind Crypto All-Stars and its unified staking systems come in. Nearly $500,000 has poured into $STARS in the past 24 hours. Investors have contributed millions of dollars to the platform because of its revolutionary MemeVault, which will enable holders of major meme coins to stash them in the super-convenient passive income-generating facility. The days when meme coins were purely for flipping are over, as more and more retail investors choose to hang on to their assets in the expectation that the coins will continue to extend their bullish runs as crypto increasingly o...

VeChain saw a fantastic run this week after Bitcoin hit an all-time high of $82,379. The broader cryptocurrency market is brimming with positivity as leading altcoins hit new highs this month. VET rallied close to 35% on the heels of the US election result and is currently trading at $0.026. Also Read: Cardano (ADA) Forecasted To Rise 120%, Breach $1: Here’s When Investors who took an entry position days before the U.S. election results made massive profits in VeChain. Now that the markets kick-started a storm, will VET move further up in the charts? In this article, we will highlight whether taking an entry position in VeChain is a good choice. Also Read: Massive XRP Bull Run: Target $1 Before Trump’s Inauguration? Should You Invest in VeChain (VET) Now? Source: Unsplash Leading on-chain metrics and price prediction firm CoinCidex has painted a rosy picture for VeChain. According to the price prediction, VET could reach a maximum high of $0.036 next month in December 2024. That’s...