Category: Altcoins
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Bitcoin Crashes Below $61K as Altcoins Take Massive Beating (Weekend Watch)
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The past 24 hours have not treated the cryptocurrency market well, with most coins trading well into the red zone. Bitcoin has fallen below $61,000, while the majority of altcoins are also suffering significant losses. Let’s take a closer look. Bitcoin price suddenly collapses BTC trading was relatively flat throughout…
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Ethereum, altcoins are unregistered crypto securities
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Michael Saylor of Bitcoin Max opined that many alternative cryptocurrencies, such as Ethereum and Ripple, will not achieve institutional acceptance this decade. Michael Saylor, CEO of MicroStrategy, told attendees at the companies’ annual Bitcoin (BTC) event that Wall Street regulators view “everything in the stack” as securities of unregistered crypto…
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Arthur Hayes Shares His Top Altcoins
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In his latest post dated May 2, 2024, Arthur Hayes, founder of the BitMEX exchange, shared his thoughts on the recent turbulent behavior of the cryptocurrency market and the broader macroeconomic signals shaping potential future trends. Titled “may day“, his article directly addresses the cryptocurrency market, which has seen significant…
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Top Crypto Prices Crash As FOMC Nears, Traders Divest Into New Altcoins Set To Hit Market
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Cryptocurrency prices are once again facing heavy losses as the Federal Open Market Committee (FOMC) meeting approaches. A collapse in cryptocurrency prices is expected due to the upcoming Federal Reserve monetary policy meeting. Bitcoin’s price corrected 2% to start the week, and is trading at $62,400 at press time. Ethereum,…