Category Archives: Altcoin

All Eyes on Chainlink, Arbitrum, and This Ethereum-Based Altcoin … – Crypto News Flash

The cryptocurrency market is experiencing fluctuations, with Bitcoin encountering resistance around the $27,500 mark. Meanwhile, alternative cryptocurrencies (altcoins) display positive signals, potentially indicating a resurgence. This report explores these emerging patterns and investment prospects in altcoins, focusing on Chainlink, Arbitrum, Maker, and Theta Network.

Cryptocurrency markets have been turbulent, driven by Bitcoins volatility. Amidst this uncertainty, altcoins are quietly showing signs of a potential rally.

Chainlink (LINK), a well-known altcoin recognized for its decentralized oracle network, demonstrates robust bullish momentum. Technical indicators suggest that spot traders are accumulating LINK tokens in anticipation of future price gains.

The Relative Strength Index (RSI) for LINK stands at 64.88, indicating substantial buying interest. The Money Flow Index (MFI) at 81.55 suggests that LINK might be slightly overbought due to increased accumulation pressure. Furthermore, the Chaikin Money Flow (CMF) monitors buying and selling pressure and is above the zero line at 0.23, indicating higher buying activity than selling.

Chainlinks performance is under scrutiny, as it could play a pivotal role in the potential altcoin resurgence.

Arbitrum (ARB), a lesser-known cryptocurrency, has received a favorable score on the risk assessment scale. This proprietary scoring system evaluates the susceptibility of a crypto asset to manipulation through limited trading activity. ARBs low-risk gauge score suggests that it is less vulnerable to manipulation.

Despite a 1.47% decline in the past 24 hours, ARB is currently trading at $0.82. Reduced trading volume and decreased market capitalization have contributed to this dip. However, sellers taking positions near the 20-day EMA of $0.85 suggest that bullish sentiment still exists. This indicates that investors are actively seeking buying opportunities, anticipating a potential upward movement.

Maker (MKR), another noteworthy altcoin, has recently encountered resistance at the $1,370 level. This resistance has prompted bearish activity, resulting in a downward trend. The 20-day EMA of $1,226 is a crucial support level to monitor on the downside. A rebound from this level could signify sustained buyer interest.

If the bulls drive MKRs price above the overhead resistance, it may accelerate towards $1,759. Conversely, a breach below the 20-day EMA could indicate weakening bullish momentum, possibly leading to a period of price consolidation between $980 and $1,370.

Recently, Theta Network has drawn considerable attention as it strives to breach its trading channels upper boundary. With key resistance and support levels established at $0.75, $0.77, $0.79, $0.52, $0.50, and $0.48, the digital asset has recently hit a noteworthy high of $0.68 during the European trading session, injecting a sense of optimism into the market.

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Theta Network is enjoying a noticeable upswing in bullish momentum, evident in its recent price movements. Investors have witnessed the cryptocurrency reaching $0.68 during the European trading session, marking a significant milestone and generating heightened enthusiasm within the Theta Network community.

An in-depth technical analysis of THETA/USD on the daily chart paints an encouraging picture for Theta Network. The recent climb to $0.68 signifies a robust bullish sentiment, hinting at the potential for further upward movement. Although short-term selling pressure is not unusual in cryptocurrency markets, Theta Network appears well-prepared to counter it and pave the way for an upswing.

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All Eyes on Chainlink, Arbitrum, and This Ethereum-Based Altcoin ... - Crypto News Flash

Heres Whats in Store for XRP, Chainlink and One Low-Cap Altcoin, According to Analyst – The Daily Hodl

A widely followed crypto strategist is outlining whats on the horizon for XRP, Chainlink (LINK) and one controversial new altcoin.

Looking at the cross-border payments solution first, analyst Michal van de Poppe tells his 667,200 followers on the social media platform X that hes waiting for XRP to flash signs of strength.

Full retrace on this one after the win of the SEC case. Personally, Im buying strength. This means that Im looking for a breakout above $0.54. A retest there is a great one for longs.

Based on the traders chart, he appears to predict that XRP will rally above $0.70 if it takes out its immediate resistance at $0.54.

At time of writing, XRP is trading for $0.513.

Next up is the decentralized oracle network Chainlink. According to Van de Poppe, LINK is likely gearing up for bullish continuation after bouncing from its September low of $5.76.

This one is showing upward momentum, and I think that the bottom is in.

Retests are ready to be bought. If we get a $6.15-6.40 retest, thats an entry towards $8.

Looking at the traders chart, he appears to predict that LINK could soar as high as $8.59.

At time of writing, Chainlink is worth $6.86.

The last altcoin on the traders radar is Worldcoin (WLD), a controversial crypto project that uses iris-scanning technology. Van de Poppe believes that WLD is still in a downtrend, but also that it may offer opportunities for short-lived rallies.

Id be looking for a retest lower to get myself going on a trade. Big move upwards and substantial correction since. Aggro approach: $1.35 area. Less aggro: $1.11.

At time of writing, WLD is trading for $1.38.

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Heres Whats in Store for XRP, Chainlink and One Low-Cap Altcoin, According to Analyst - The Daily Hodl

Altcoin Whales Shake Up Linear ($LINA) And Decentraland … – NullTX

While some altcoins have seen meteoric rises, others have displayed a rather unassuming price performance. However, two tokens that have recently caught the attention of the crypto community are Linear ($LINA) and Decentraland ($MANA). What makes them noteworthy is the sudden surge in whale transactions (3 months high), which have begun to appear on @santimentfeeds dashboards.

Linear ($LINA), a blockchain-based synthetic assets platform, and Decentraland ($MANA), a virtual reality metaverse, have both been regarded as promising projects with unique use cases. Yet, their price movements in 2023 have been relatively quiet compared to the fireworks seen in other corners of the crypto market. This has led many to wonder whats brewing beneath the surface.

@santimentfeed, a popular crypto data analytics platform, has shed light on the situation. Their dashboards are now showcasing a notable increase in whale transactions for both $LINA and $MANA. This sudden uptick in large transactions by influential investors, often referred to as whales, has piqued the curiosity of traders and investors alike.

The influx of whale activity can be interpreted in several ways. It may indicate a growing interest among institutional players in Linear and Decentraland, potentially foreshadowing a bullish trend. Conversely, it could also signify profit-taking by early investors, which might lead to short-term price volatility.

For traders and enthusiasts, the message is clear: keep an eye on $LINA and $MANA. The crypto market is ever-evolving, and the actions of whales can serve as valuable indicators. Whether these altcoins will make significant moves in the near future remains uncertain, but one thing is certain: in the dynamic world of cryptocurrency, surprises are always just around the corner.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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Altcoin Whales Shake Up Linear ($LINA) And Decentraland ... - NullTX

Top Altcoins 2023: XDC Network and Casper Network Lead the Way … – Tekedia

In the dynamic landscape of cryptocurrency, the spotlight is currently shining on top altcoins as 2023 unfolds. Among the frontrunners in this altcoin rally are XDC Network (XDC) and Casper Network (CSPR), demonstrating stellar performances that have captured the attention of cryptocurrency enthusiasts, investors, and individuals seeking promising altcoin opportunities. As the market continues to evolve, a rising star is emerging DogeMiyagi (MIYAGI), a token thats generating considerable buzz with its upcoming presale and enticing growth prospects as a result of its unique referral mechanism.

The stage for the altcoin rally in 2023 is set by the impressive performances of XDC Network (XDC) and Casper Network (CSPR). While XDC Network has earned a neutral rating from InvestorsObserver, its resilience is evident as it navigates a 2.28% price decrease amidst a broader market thats up by 0.2%. On the other hand, Casper Network (CSPR) is showing a 2% decline over 24 hours, mirroring the market sentiment. Despite these minor fluctuations, the technical indicators for both tokens remain robust. XDC Networks neutral sentiment score and Casper Networks consistent technical outlook highlight their potential to be top altcoins in 2023.

The noteworthy performances of XDC Network and Casper Network are not isolated events; they could be early indicators of an imminent altcoin rally. As market sentiment turns bullish, investors are becoming increasingly interested in altcoins that demonstrate strong growth potential. The rise of these tokens suggests that the era of alternative cryptocurrencies challenging traditional giants might be upon us. This rally emphasizes the importance of exploring lesser-known tokens with promising use cases and solid development roadmaps.

In the midst of this altcoin excitement, DogeMiyagi (MIYAGI) emerges as a potential contender. This token draws its inspiration from the legendary martial arts master, Mr. Miyagi, and harnesses the power of community and camaraderie. This focus on community-driven growth and quality over quantity sets DogeMiyagi apart. Investors are able to generate a unique referral code that can be shared amongst family friends which when used by them will result in the generation of a passive income of 10%. It is precisely these attributes that contribute to its potential to become one of the top altcoins of 2023.

The presale phase is where the potential of tokens like XDC Network, Casper Network, and DogeMiyagi truly shines. Early investors in XDC Network and Casper Network have reaped the benefits of their growth stories. Similarly, the DogeMiyagi presale presents a remarkable opportunity for early adopters. By getting in at the ground level, investors can maximize their returns as the token gains momentum, potentially mirroring the successes of XDC Network and Casper Network.

As the altcoin rally gathers momentum in 2023, the performances of XDC Network and Casper Network have propelled them into the limelight, positioning them as prominent players in the realm of alternative cryptocurrencies. This rally underscores the potential for lucrative investments that extend beyond the conventional cryptocurrency landscape. Amid this altcoin frenzy, DogeMiyagis ascent as a contender is nothing short of captivating, fueled by its unique features and growth prospects. The presale of DogeMiyagi (MIYAGI) offers a front-row seat to the potential rise of another top altcoin in 2023. To be part of this narrative and unlock promising returns, join the DogeMiyagi presale now.

Join the DogeMiyagi presale at the early stages for the best returns. Secure your stake in a token with tremendous growth potential and embark on a journey towards potential profitability. As the altcoin rally unfolds, your investment in DogeMiyagi could hold the key to unlocking substantial growth in the evolving cryptocurrency landscape. Dont miss out on the opportunity seize it now!

DogeMiyagi (MIYAGI):

Website: https://dogemiyagi.com

Twitter: https://twitter.com/_Dogemiyagi_

Telegram: https://t.me/dogemiyagi

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Top Altcoins 2023: XDC Network and Casper Network Lead the Way ... - Tekedia

XRP Becomes Top Traded Altcoin in United States, Overtakes SOL … – The Crypto Basic

The cumulative trading volume of XRP over the last two months has surpassed every other altcoin since the start of 2023.

The pivotal verdict in July that ruled XRP was not an unregistered security has served as a major boost for the altcoin. Since the ruling, the daily trading volume of XRP in the U.S. has spiked, overtaking other altcoins.

Despite being blacklisted on many crypto exchanges in the U.S. until mid-July, XRP is now the most traded altcoin. Data from Kaiko shows that the trading volume of XRP in the U.S. this year is approaching $30 billion in just nine months.

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Solana ranked second, with a cumulative trade volume of approximately $27 billion over the last nine months. Litecoin, Dogecoin, Cardano (ADA), Shiba Inu (SHIB), and MATIC also made the top five. This cumulative trade volume metric excludes Bitcoin, Ethereum, and stablecoins.

Kaiko explained that the high buying demand for XRP was driven by large U.S. traders looking to regain altcoin access after the July court ruling, where the court declared XRP as nonsecurity. After court decision top US exchanges like Coinbase, Gemini, Kraken rushed to relist XRP.

The growth of XRP has been felt across all markets, not only in the United States. According to Kaikos data, the average daily trading volume of XRP in August amounted to $462.8 million.

This is 3.6 times more than the second altcoin on the list, Solana. In August, Solana registered $128.4 million across all exchanges. BNB ranked third in August with $121.8 million, while Dogecoin followed with $113.2 million.

The first week after the ruling, the XRP trading volume outperformed Bitcoin and Ethereum. The daily trading volume of XRP is also on the rise in September, averaging over $1 billion this week. This puts XRP as one of the most traded crypto assets behind Bitcoin and Ethereum.

Kaiko has also reported that the liquidity of XRP has been on the rise. The rise in XRP market depth also began after Julys Ripple/SEC case court ruling.

According to the data, XRP had a monthly average depth of $8 million before the ruling. However, since then, the figure has increased to $12 million in early September.

Despite the improved market activity of XRP, the altcoin has lost most of its gains from July. The price of XRP rallied as high as $0.938 in mid-July. However, XRP now trades at $0.515 but looks to continue its rally.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basics opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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BitBoy Crypto Got Himself A Lambo, Not With Bitcoin Or Ethereum But This Altcoin – Benzinga

September 26, 2023 8:32 AM | 2 min read

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Crypto influencer Ben Armstrong found himself in hot water after being arrested on Monday evening, following a live broadcast on YouTube.

What Happened: The situation unfolded when Armstrong planned to confront an individual named Carlos Diaz in an attempt to recover what he claimed was his Lamborghini. However, the encounter quickly devolved into a chaotic frenzy of conspiracy theories, prompting the intervention of the police.

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In a livestream that has since been deleted, Armstrong made an alarming statement, saying, If Carlos Diaz comes out of his house and tries to kill me live on YouTube, then its just gonna have to be what its gonna be, Carlos. This alarming declaration came just hours after Armstrong had tweeted about an upcoming live broadcast from a very special location on YouTube.

The question is how Armstrong acquired the Lamborghini in the first place. In a video posted on YouTube on April 11, the crypto influencer discussed his ownership of the car while emphasizing the potential of Cardano (CRYPTO: ADA) as a cryptocurrency.

"Cardona has spent the entire bear market in 2018 you could have bought Ada at a penny apiece $3. Guys, thats a 300. Freaking. Cardona was our best performer of the major coins in the last Bull Run But they said that from the beginning, I guess what, youll keep building on Cardona. And the ecosystem just keeps growing. And the transactions are getting faster and faster.

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Why It Matters: Armstrong also mentioned Bitcoins major cap holders and their control over a significant portion of the coin supply. "But heres the thing Bitcoin holders, the top 100 holders hold 14% of the coin supply," he said.

Last week, Armstrong made a plea to his followers, seeking their support in financing his legal endeavor to regain control of BitBoy Crypto. At present, the donations received in Ethereum (CRYPTO: ETH), Bitcoin (CRYPTO: BTC), and Cardano addresses have surpassed a total of $54,000.

Read Next: Heres How Much You Should Invest In Shiba Inu Today For A $1M Payday If SHIB Hits 1 Cent?

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BitBoy Crypto Got Himself A Lambo, Not With Bitcoin Or Ethereum But This Altcoin - Benzinga

Web3 Gaming Ecosystem Altcoin Rips by More Than 51% This Week Amid New Token Migration Proposal – The Daily Hodl

An under-the-radar Web3 gaming ecosystem altcoin has surged by more than 51% this week amid a new token migration proposal.

The native token of the Merit Circle (MC) Decentralized Autonomous Organization (DAO) is trading around $0.405 at time of writing, up from $0.267 one week ago.

The price surge materialized amid a discussion period on a new ecosystem proposal that, if passed, would convert the existing MC token into a new BEAM token on a 1:100 basis. Beam is the name of a new gaming-focused blockchain Merit Circle launched earlier this year.

The MC token currently serves as the native gas solution for Beam, but Merit Circle developers believe a token rebrand would better focus attention on the new network.

Explain the developers,

We believe that converting to a more Beam-focused ecosystem will improve brand recognition and strength. We believe that Beam is competing with other gaming networks such as Immutable and Ronin. Educating those outside the DAO about this, through means such as written pieces and ongoing reminders about the changes in our ecosystem, will take significant time and effort. Instead, a token conversion allows us to strategically align both those within the DAO and outside the DAO, with our vision in an efficient manner.

Despite the price gains this week, MC still remains more than 96.5% down from its all-time high of $11.70.The 160th-ranked crypto asset by market cap is up more than 4% in the past 24 hours.

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Web3 Gaming Ecosystem Altcoin Rips by More Than 51% This Week Amid New Token Migration Proposal - The Daily Hodl

Mark Cuban Was Hacked. How Not to Make the Same Mistake – Altcoin Buzz

If youve not heard of Mark Cuban, let us introduce him to you. For starters, hes a billionaire. Hes got a net worth of $5.2 billion as of this year. Aside from that, hes also known as a prominent shark in the hit reality TV-series Shark Tank. Last but not least, hes the owner of popular basketball team, the Dallas Mavericks.

But when youre rich, youll be a target for hackers. Sadly, these hackers came for Mark Cubans wallet. As a result, he lost a total of $870,000 worth of crypto assets. Luckily, Mark Cuban managed to move $2.5 million worth of $USDC from Polygon in time. Otherwise, the damage could have been much greater.

In his own words, he downloaded a version of Metamask with some shit in it. Before that, he was searching for something else on Google. It is highly likely that he had downloaded a fake version of Metamask. These fakes come in many forms, such as:

Once Mark Cuban downloaded this fake version, his Metamask began crashing. After the second crash, Marks funds were drained from his account. Yes, hacks usually happen very quickly. In a matter of seconds, millions can be stolen.

Looking back at this incident, Mark Cuban was a victim of a phishing scam. Simply put, phishing scams refer to hackers that impersonate legitimate entities. For instance, a companys email, app or software. When unsuspecting users trust these, hackers use this opportunity to seize valuable information. Such information could be your private data, credit card number, or even your crypto seed phrase. As you know, once you lose your seed phrase, your funds are as good as gone.

In Mark Cubans case, he could have keyed in his seed phrase into the fake version of Metamask. Or, the fake app could have installed malware onto Marks phone. In turn, said malware can then extract Marks seed phrase.

So, how can you avoid making the same mistake as Mark Cuban? To do so, youve got to understand that phishing uses social engineering. Thats the core of all phishing scams. Hence, as long as youre alert, you will not fall into the phishing trap.

What does being alert mean? That means double checking download links. Confirming URLs are correct. Not downloading anything through Google, in particular from sponsored ads. Before you take any action, think about how a hacker could be trying to gain access to your seed phrase.

On top of that, heres some helpful tips you can take to prevent yourself from phishing.

Hardware wallets, like Ledger, require you to approve transactions on the physical ledger itself. So, hackers cant access your keys online. They need your physical ledger too. This adds an additional layer of protection for your crypto.

Its advisable for you to keep your crypto assets in multiple wallets. In this case, you wont lose all your assets if one of your wallet gets hacked. We also recommend you keep your long-term crypto holds in a few secure hardware wallets. For crypto assets that you regularly trade, you can keep them on an online Metamask wallet.

Never key in your seed phrase into any shady emails, apps or chats. Do not even store it as a text file or picture on your phone. However, you may have to key in your seed phrase on your computer in some cases. If so, check the app or website again and again to ensure its legit. Indeed, you dont want to be like this guy below.

A mistake which Mark Cuban made was that he was not aware that he could be a target. Be aware that you could, at any time, be phished. With that, you will be less likely to fall victim. Some steps you could take are:

For more tips on avoiding scams in crypto, you can refer to our previous research here.

Well, I guess this isnt easy for Mark Cuban to follow. Hes a billionaire, and his crypto wallet is visible for all to see. But, you can follow this advice. By staying below the radar, phishers and hackers wont identify you as a target. So, avoid flashing your large stash of crypto online, and dont tell your friends about it too!

The crypto space has a long way to go in terms of security for its users. Hacks are rampant and common. Unlike conventional crimes, once you lose your crypto, its almost impossible to get it back. To avoid being phished like Mark Cuban, follow the above tips that youve just read. Keep your crypto safe with you, and youll be reaping the rewards in the next bull run.

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Mark Cuban Was Hacked. How Not to Make the Same Mistake - Altcoin Buzz

Altcoin News: Dogecoin Price Predictions Lack Optimism Amid The … – Tekedia

A new day, a new week, but is it the same old Altcoin news? Major shakeup ongoing as Ripple and Dogecoin witness substantial losses. Consequently, billions have been erased from their respective market caps. Investors factor in such altcoin news developments. As shown with the Ripple price fall, XRP, and Dogecoin price predictions need more optimism altogether. They are aiding the resilience of presale tokens as markets show increasing volatility. At the forefront of this is Elonator (ETOR). As the name suggests, it seeks to combine the smarts of Elon Musk and the heroism of the Terminator, albeit in a crypto sense. There is immense promise with its ongoing attractive presale, and promising roadmap. Particularly if you are looking for a low-risk investment with low capital and sustainable returns amidst market turbulence.

Decrypting the Ripple Price Fall

According to altcoin news, the Ripple price fall portrays market volatility. The broad market consensus is that this price movement results from external factors. They include market sentiment and regulatory uncertainties triggering tremendous losses in market cap. In the last week, Ripple has had at least 20% of its market cap wiped out, at least $5 billion. Although its price peaked post-Judge Torres favourable ruling, those spikes have long since been negated with the recent Ripple price fall. As investors concerns over their investments stability, security, and sustainability grow, these work in favour of presale tokens such as Elonator (ETOR). In presale, its already trading at a steep discount with immense value for money.

The extent of Ripples price setbacks has far-reaching consequences, not limited to XRP. Regulatory challenges have overshadowed XRP and the broader altcoin market, such as Dogecoin (DOGE). This underscores the need for more resilient investment avenues like ETOR. Furthermore, Dogecoin thrived on the back of a meme-fueled frenzy. However, the markets need for more can be attributed to its pessimistic Dogecoin price predictions. Since there has been a need for sustained utility and market maturity, like new presale tokens, ETOR, that offer more for less.

Low price, low Risk; when theres increased market volatility, thats what you need. Presale tokens like ETOR with low entry prices translate reduced risk. Furthermore when its product offering is wider than the typical meme coin, it increases its market appeal. For instance, ETOR has its priority set on building a solid meme coin community. The bedrock of this aim are features like the unique staking model, the lottery system with no minimum amount of tokens to participate, the focus on more competitions with huge prizes, and additional reward opportunities. They add to the market appeal, in light of the present market turbulence.

The icing on the cake, even with the product features, are the security features. While most coins, mainly in presale focus on the rewards, few focus on security. Security features such as anti-whale dumping mechanisms are implemented to safeguard investors interests and ETORs ecosystem. Additionally, you get smart contracts to prevent bots, token trackers, and charting tools. It is believed that these can go beyond safeguarding investments by preventing extreme price volatility and lack of utility, to name a few.

No doubt, the market will need time to weather its storms. While the clouds appear volatile and grey, the crypto gods are looking at presale tokens such as Elonator (ETOR) more favourably than ever. Indeed their low risk and high security appeal enables their clamour. XRPs trajectory remains overshadowed by legal turbulence. Dogecoin looks like a dog searching for its lost bone. Leaving Elonator appearing to be setting the tone. As altcoin news dulls and greys, investors of ETOR can be full of praise. Learn more in real-time through its Twitter feed.

Invest & Join the Elonator Community Now:

Presale: https://buy.elonator.com/

Website: https://elonator.com

Telegram: https://t.me/ElonatorCoin

Twitter: https://twitter.com/ElonatorCoin

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Altcoin News: Dogecoin Price Predictions Lack Optimism Amid The ... - Tekedia

Bitcoins Crypto Market Dominance Rises to 50% and It Could Go Higher, Say Analysts – CoinDesk

Bitcoin (BTC) has been running in place for the last month its current price of $26,700 essentially flat from 30 days ago but its market dominance has been on the rise as risks rise for the rest of the cryptocurrency sector.

The Bitcoin market dominance rate, which tracks the largest cryptocurrency's share of the total digital asset market, rose to 50.2% earlier on Monday, its strongest level in a month and near a 26-month high of 52% reached at the end of June.

Taking a broader view, bitcoins market dominance was in a range between 39% and 49% for more than two years before it broke out to that 52% level in June after asset manager BlackRocks filing for a spot BTC exchange-traded fund spurred hopes about unleashing massive inflows into the asset.

Markus Thielen, research head at crypto services provider Matrixport, explained in an interview Monday with CoinDeskTV that BTC enjoys more potential buying pressure from the ETF listings, while alternative cryptocurrencies also known as altcoins may be on the brink of breaking lower. He noted bankrupt exchange FTXs token sales, declining Ethereum protocol revenues and upcoming token unlocks which allow venture capital investors to sell tokens among risks on the altcoin market.

BTC peaked so far this year in July, while ETH peaked in April, Thielen said. All these [ETF] announcements havent really benefitted altcoins, not even ether.

Macro analyst Noelle Acheson noted that bitcoin would likely benefit from the latest regulatory changes proposed by the New York Department of Financial Services (NYFDS) Monday, including stricter rules to list cryptocurrencies on exchanges while simultaneously green-listing BTC as a digital asset that license holders can list or custody without further regulatory hurdles.

The immediate impact on crypto markets could be further rotation into BTC, as it consolidates its status as the safe crypto asset, Acheson wrote in a newsletter.

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Bitcoins Crypto Market Dominance Rises to 50% and It Could Go Higher, Say Analysts - CoinDesk