Asset manager Hashdex expanded its Crypto Index US exchange-traded fund (ETF) to include XRP (XRP), SOL (SOL) and Stellar (XLM) following the generic listing rule change from the Securities and Exchange Commission (SEC). The Nasdaq stock exchange-listed ETF now includes five cryptocurrencies held 1:1 by the fund, including Bitcoin (BTC) and Ether (ETH), and is … Read more
The memecoin sector is heating up as fresh altcoin season talks are starting to grow on social media, partly driven by expectations that the Federal Reserve will this coming week cut interest rates, a boon for risk assets. Bitcoin’s market dominance has dropped 3.5% in the past month, and its underperformance relative to altcoins has … Read more
Crypto market sentiment has slipped into Fear, with signs showing that investors are temporarily stepping back from moving further down the risk curve, according to sentiment sources. “It’s clear traders are less interested in obscure altcoins and are instead debating which major asset will break out next,” sentiment platform Santiment said in a report on … Read more
Sharp gains in alternative cryptocurrencies could define the year-end, with SOL, XRP, and TRUMP poised to lead the charge, crypto options and derivatives platform PowerTrade said Tuesday. “Traders were placing bets for altcoin season running into year-end with strong upside call activity for end-of-December expirations in AEVO, AR, DOGE, ENA, HYPE, LINK, MOG, PAXG, SOL, … Read more
By Omkar Godbole (All times ET unless indicated otherwise) As August draws to a close, two observations stand out. First, the month’s typical surge in volatility in both traditional and cryptocurrency markets has not materialized. That’s probably driven by market expectations of forthcoming Fed interest-rate cuts combined with record fiscal spending—essentially an amplified “Goldilocks” scenario. … Read more
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin BTC$111,316.27 has retraced to roughly where it was before Federal Reserve Chair Jerome Powell’s dovish remarks on Friday, which briefly sparked a rally in U.S. stocks and cryptocurrencies. The reversal in BTC price has paused ether’s rally and triggered losses across the broader altcoin market. … Read more
A group of major altcoins have bounced stronger than bitcoin on Wednesday, showing relative strength despite a weakening risk appetite in broader capital markets. BNB (BNB), the native token of the BNB Chain and closely adjacent to crypto exchange giant Binance, surged 6% to a fresh all-time high of $875. Ethereum’s ether (ETH) rebounded 7% … Read more
There’s probably nothing more reliable in crypto than traders yelling “ALTSEASON IS HERE” every time Bitcoin stumbles against altcoins. Heck, they’ve been saying it religiously since mid-2024, and they’re starting to do it again now after Bitcoin dominance fell under 60% over the weekend, its lowest level since February. Except this time, they may be … Read more
There’s probably nothing more reliable in crypto than traders yelling “ALTSEASON IS HERE” every time Bitcoin stumbles against altcoins. Heck, they’ve been saying it religiously since mid-2024, and they’re starting to do it again now after Bitcoin dominance fell under 60% over the weekend, its lowest level since February. Except this time, they may be … Read more
There’s probably nothing more reliable in crypto than traders yelling “ALTSEASON IS HERE” every time Bitcoin stumbles against altcoins. Heck, they’ve been saying it religiously since mid-2024, and they’re starting to do it again now after Bitcoin dominance fell under 60% over the weekend, its lowest level since February. Except this time, they may be … Read more