After nearly two weeks of explosive gains, crypto prices briefly cooled on Thursday and into Friday, possibly due to a speech delivered by U.S. Federal Reserve Chair Jerome Powell. Powell spoke in Dallas on Thursday and struck a somewhat ambiguous tone about future US monetary policy choices. He continued to emphasize that the Fed views The post Crypto Prices Cool as Fed Chair Jerome Powell Strikes Ambiguous Tone on Future Monetary Policy Choices appeared first on The Daily Hodl .
Solana investors rally around a new meme coin on the SOL blockchain, eyeing a potential 5,000% surge and breakout success. #partnercontent
Solana investors rally around a new meme coin on the SOL blockchain, eyeing a potential 5,000% surge and breakout success. #partnercontent
Bitcoin’s fixed supply meets volatile demand, with government holdings adding complexity to market sentiment and stability, says WisdomTree’s Will Peck. In a recent interview with CNBC Will Peck highlighted that holding seized Bitcoin instead of selling it could spark global competition to stockpile the asset, impacting the market. U.S. President-elect Donald Trump plans to position
Options trading for spot Bitcoin exchange-traded funds (ETFs) is progressing, marking a significant milestone in cryptocurrency finance. The Commodity Futures Trading Commission (CFTC) recently clarified its stance on ETF options,
Crypto whales are actively investing in new tokens on Binance. PNUT and GOAT tokens have shown significant price increases recently. Continue Reading: Whales Drive Interest in Newly Listed Tokens on Binance The post Whales Drive Interest in Newly Listed Tokens on Binance appeared first on COINTURK NEWS .
The crypto market could be getting ready to enter the highly anticipated altcoin season. As the market rides the bull wave spearheaded by Bitcoin, a crypto analyst has identified the current phase of the market using the Wyckoff Cycle. This analysis suggests that altcoins are preparing for a “parabolic run” that could kickstart the onset of the altcoin season. Related Reading: Bitcoin To $800K? Galaxy Digital CEO Unveils Bold 5-10 Year Forecast Wyckoff Cycle Reveals What Phase The Current Market Has Entered A crypto technical analyst identified as EtherNasyonal has shared a chart of the crypto total market cap, excluding Bitcoin. In this chart, the Wyckoff cycle, a widely used framework for understanding market behavior and trends, can be seen. The chart showed four distinct market phases — Accumulation, Mark up, Distribution, and Mark down. The accumulation phase is the period when smart money begins buying assets at lower prices, and prices consolidate as selling pressure reduces. Once the accumulation phase completes, the Markup phase begins, where prices break out of the consolidation range and begin an uptrend driven by increased demand. The next phase, the Distribution stage, is characterized by selling pressure, where smart money begins selling its holdings, leading to price corrections or stabilization. After this stage, the Markdown phase starts, where selling pressure overwhelms demand, triggering a downtrend. Based on these unique phases, the crypto analyst has revealed that the market is currently in the Mark up phase, highlighted by an increase in the prices of various cryptocurrencies. By 2025, 2026, and 2027, the total market is expected to enter a re-accumulation phase, another mark up phase, and a distribution phase, respectively. The right side of the chart also shows a continuation of these distinct market phases, with 2027 to 2030 set to witness an accumulation, mark up, and distribution stage. Here’s When The Altcoin Season Could Begin Based on EtherNasyonal’s Wyckoff cycle chart, the altcoin season is set to commence, with altcoins already preparing to experience a parabolic run. The altcoin season is a period when cryptocurrencies, excluding Bitcoin, experience significant price increases and often outperform Bitcoin significantly. Based on the past bull market, the altcoins that led the previous altcoin season include Ethereum, Cardano, Solana, and others. The crypto analyst has revealed that the altcoin season will begin after the reaccumulation phase in the Wyckoff crypto market chart. The reaccumulation phase is set to take place in 2025, following the Mark up phase in 2024. Related Reading: Solana Rising: Key Metrics Hint At Serious Ethereum Competitor In this reaccumulation phase, the analyst expects altcoins to experience an epic rise that could lead to a strong and bullish altcoin season. The Bitcoin price performance is also set to influence this anticipated altcoin season, as a Bitcoin bull run has historically preceded past altcoin seasons. Moreover, as the market sees a decrease in Bitcoin’s dominance and increased demand for altcoins, this could signal that the altcoin season may be imminent. Featured image from Pexels, chart from TradingView
As Dogecoin edges toward a valuation beyond $2, attention is turning to emerging cryptocurrencies that could offer even greater returns. The crypto market is abuzz with new altcoins poised to capture significant interest. Investors are keen to discover which of these digital assets might deliver substantial growth in the evolving landscape of blockchain technology. One Continue Reading: Dogecoin Fair Price at $2+ Will These Altcoins Steal the Spotlight with Larger Gains?
Gary Gensler, the SEC's anti-cryptocurrency chairman, may face challenges in his future career. Continue Reading: SEC Chair Gary Gensler Could Be in More Trouble: Prominent Founder Calls for “Boycott Wherever He Goes” After Resignation
As Bitcoin nears record highs, altcoins like XYZVerse, the all-sport memecoin, could see exponential growth in a surging market. #partnercontent