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Altcoin Rally Underway, but Altseason Remains Elusive

  Visit this link to make money with cryptos with our Expert trading team and get a chance to win Free bitcoin and other cryptocurrencies – https://telegram.me/btctradingclub Zcash, Quant and a few other tokens have rallied, but Liu says their gains are too isolated to confirm a broad altcoin rotation. Analyst Dennis Liu, who posts on X as VirtualBacon, says altcoin season has not started, because the average altcoin is only about 10% ahead of BTC since the primary cryptocurrency’s bottom. According to him, a handful of strong coins are making the market feel hotter than the data supports. Most Altcoins Still Trail Bitcoin Liu’s argument rests on relative performance rather than a few eye-catching rallies. He pointed to the Total 2-to-Bitcoin ratio, which compares the market value of cryptocurrencies other than Bitcoin with BTC, and described the chart as “very flat.” Since Bitcoin’s bottom, the average altcoin has gained 10% more than BTC, he noted. That is fa...

Bitcoin Drops Below $84K, Altcoins Take a Hit

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  Visit this link to make money with cryptos with our Expert trading team and get a chance to win Free bitcoin and other cryptocurrencies – https://telegram.me/binancefuturesignal MNT, DOT, and UNI lead on the way south but there are many, many more. Bitcoin was rejected again at $87,000 on Monday, and the bears took it a step further earlier this morning, pushing it south hard to under $84,000. BTC’s decline dragged most of the altcoins with it. Ethereum slipped below $2,600, XRP dumped further away from the $1.50 support, and HYPE is close to breaking below $90. BTC Below $84K After the positive PCE data last Wednesday, which sent BTC up and down within minutes, the asset went on the offensive on Friday. It had climbed above $86,000 even before the US jobs report went live, which was weaker-than-expected. The bulls initiated another leg up, driving the cryptocurrency to over $87,000. However, the bears stepped up at this point. Bitcoin slumped in the followin...

XRP Whale Moves 1.6B Tokens to Binance

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  Visit this link to consistently profit in Binance futures trading, receive free bitcoin trading signals, and access the Cornix trading Bot for optimal automated trades: https://telegram.me/cryptosignalalert Download our free app to receive signals on your mobile device: https://play.google.com/store/apps/details?id=com.freecryptosignals.app Massive XRP transfers to Binance could increase selling pressure, although inflows alone do not prove that investors are selling. XRP transfers to Binance have increased sharply, raising questions about possible selling pressure in the short term. According to CryptoQuant’s latest findings, around 1.6 billion tokens flowed into the exchange over the past 30 days. This is the highest 30-day inflow recorded since March. Inflows Rise, as Futures Stay Strong Large amounts of XRP moving to an exchange can be a warning sign. Traders often send tokens to exchanges when they plan to sell. However, the inflow alone does not confirm...

BTC vs Treasury Companies: Which Is Riskier?

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 Check out the link provided to make consistent profits in Binance futures trading. Access free Bitcoin trading signals and use the Cornix trading bot for automated trades: https://telegram.me/progrouptraders While Bitcoin is less volatile than it used to be, an analyst says a treasury company amplifies whatever swings remain in the asset. Bitcoin treasury companies can give investors greater exposure to the cryptocurrency’s gains, but the amplification works in both directions, according to The Smarter Web Company CEO Andrew Webley. In a recent interview with BTC advocate Stephen Livera, Webley also warned that unlike Bitcoin itself, these companies depend on management teams whose capital allocation decisions can materially affect shareholder returns. Bitcoin Exposure Comes With Added Volatility Webley identified two risks investors need to understand, the first being volatility. Bitcoin is less volatile than it used to be, the CEO conceded, but it still swings m...

BTC Rally Sparks Warning of Monday Sell-Off

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  Visit this link and make consistent profit in Binance futures & SPOT trading – https://telegram.me/cryptosignalalert Visit – https://play.google.com/store/apps/details?id=com.freecryptosignals.app A four-hour TD Sequential sell signal is also showing on Ethereum and Solana, whose past signals were followed by declines of up to 5.76% Bitcoin’s Sunday rally has brought a familiar pattern back in focus, with analyst Ali Martinez warning on October 4 that BTC could be in for a Monday pullback. Multiple Sunday to Monday reversals and new TD Sequential sell signals on Bitcoin, Ethereum and Solana are signs of caution, according to him. Five Sundays, Five Reversals Martinez wrote that Bitcoin’s Sunday moves have often reversed on Monday over the past month. Sunday rallies were followed by pullbacks, while Sunday declines were followed by rebounds. With BTC up more than 1% on October 4, the analyst argued that the pattern had returned to focus. The market wat...

Strategy Expands Bitcoin Holdings With New Purchases

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  Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/btctradingclub Saylor again hinted at the latest BTC purchase on X yesterday. Macro uncertainty and political turmoil have failed to deter Strategy from continuing its recent bitcoin accumulation spree, with the company adding another 334 units for $28.7 million. Although this particular purchase was a relatively modest one compared with some of the firm’s massive acquisitions completed until several months ago, its impact was still significant and two-fold. First, Strategy extended its weekly accumulation spree to three in a row. Second, and perhaps more importantly, its total holdings reached a new all-time high of 848,000 BTC. Strategy has solidified its spot as the world’s largest corporate holder of the leading cryptocurrency. Its purchases began over six years ago, and the firm...

Metaplanet Sells Bitcoin, Then Boosts Holdings

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  Explore our platform for exclusive crypto trading strategies and receive expert assistance with your cryptocurrency trades. Visit https://telegram.me/binancefuturesignal Here's what happened with Metaplanet's unusual BTC transaction in Q3. One of the largest corporate holders of bitcoin sold 10,000 units during the third quarter of the year, according to the company’s most recent filing, only to buy more back. This rather surprising move was designed to prove that its massive bitcoin treasury can be converted into cash when needed. The filing reveals that the company sold 10,000 BTC for ¥124.7 billion (approximately $790 million) and held the proceeds temporarily in cash. Shortly after, it purchased 11,000 BTC for almost ¥150 billion and ultimately increased its holdings by an additional 1,000 units. Consequently, its total stash grew to 44,000 BTC as of September 30. The purchase, the firm explained, was completed to demonstrate to credit-rating agencies...