Charts of the week: Bitcoin falls under $100,000 but XRP and TRON could extend rally

Ripple and TRON posted over 50% weekly gains and the two altcoins could continue their climb in the altcoin season. As Bitcoin slips under the $100,000 level, it dragged altcoins down with a market-wide correction on Friday. XRP xrp4.54%XRP and TRON trx0.45%TRON could recover and extend the rally next week, according to on-chain and technical indicators. Table of Contents Bitcoin erases...

Bitcoin breaks $100K: What’s next for Ethereum, altcoin season and key levels to watch

Bitcoin crossed the $100,000 milestone on Wednesday, hitting a new all-time high at $104,088 on December 5. Crypto traders’ enthusiasm was rewarded with significant capital inflows to Spot Bitcoin ETFs and increase in BTC options trade volume. Post Bitcoin’s rally to $100,000 btc-3.12%Bitcoin, traders are looking for the next altcoin to shift their focus to, expecting higher...

Bitcoin dominance crumbles: Top 10 beginner friendly altcoins to watch

Bitcoin dominance dips to 55.81%, down from its November 2024 top of 61.53%. Declining BTC dominance has paved the way for the altcoin season, with over 75% of the top 100 altcoins consistently outperforming Bitcoin. Let’s deep-dive into the top 10 altcoins for beginners to buy in December 2024. Table of Contents Why Bitcoin dominance matters...

Bitcoin dominance drop and ready to break multi-year support, analyst says

Bitcoin dominance is in the analyst’s eyes, which indicates another cycle of the cryptocurrency market, after it is dominating for a few months. Bitcoin dominance, which measures the market capitalization of Bitcoin influence in the cryptocurrency market, has dropped to 56% or shrunk from 60% in the past month, according to the data from TradingView. Analysts also projected...

Chart of the week: XRP could jump another 12%, what to expect

XRPLedger’s native token (XRP) gained 12% on Nov. 29 as the altcoin held steady above $1.7300, rallying alongside Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other leading cryptocurrencies. Table of Contents XRP on-chain indicators signal price growth  XRP eyes retest of April 2021 peak XRP derivatives traders turn bullish Strategic considerations XRP on-chain indicators signal price growth XRP...

Solana Labs co-founder introduces BunkerCoin whitepaper

Solana Labs Co-Founder Anatoly Yakovenko has directed his community towards a new blockchain protocol called BunkerCoin. The announcement coincides with the release of the white paper for BunkerCoin, a blockchain protocol designed for environments with limited bandwidth, including compatibility with shortwave radio. The white paper, released today and titled “BunkerCoin: A Low Bandwidth, Shortwave Radio-Compatible Blockchain Protocol,” presents...

Pantera Capital expects altcoins with proven protocols to outperform in upcoming cycle

Crypto investment firm Pantera Capital says tokens with promising underlying protocols and product market fit are set to outperform in the upcoming cycle. According to a new report from Pantera Capital, tokens with promising underlying protocols and a demonstrated product-market fit are expected to outperform in the upcoming cycle “just as one would expect across other asset...