Research Firm Reveals Its “Altcoin Trading Playbook”
A research firm has revealed an altcoin trading playbook that could serve as a guide for navigating the next cryptocurrency bull run. K33 Research Shares Its Altcoin Trading Playbook In a new post on X, K33 Research (formerly Arcane Research) explained that new altcoins make better trades than old ones. The firm has given a few reasons for why this is so. “In lack of price-driving fundamentals, the narratives and liquidity matter,” explains the research organization. “And new coins generally outperform old coins.” Related Reading: Maker (MKR) Rockets To $1,500 With....
Related News
According to a recent FOX Business report, Valkyrie Investments has secured approval from the Securities and Exchange Commission (SEC) to launch the first exchange-traded fund (ETF) featuring Ethereum (ETH) futures. This achievement positions Valkyrie as the frontrunner among nine issuers seeking to provide investors with an opportunity to speculate on the future price of the world’s second-largest digital asset through an ETF. Related Reading: Research Firm Reveals Its “Altcoin Trading Playbook” Valkyrie Emerges As First Mover In Ethereum Futures ETF Race Ether, the native token of....
Billionaire investor Ryan Cohen has been appointed as the new Chief Executive Officer (CEO) of GameStop, a brick-and-mortar video game retailer in the United States, a move that could potentially impact Dogecoin. GameStop’s stock and the Dogecoin price have shown signs of correlation. Before assuming this role, Cohen had been the Executive Chairman of GameStop since January 2022 and remained the largest shareholder. The experienced investor takes over in what analysts said is an attempt by the board to turn around the fortunes of the public company. Pro-GameStop Billionaire Takes....
According to a report stemming from the blockchain analytics firm Argus, Sam Bankman-Fried’s trading firm Alameda Research obtained tokens ahead of FTX.com listings. The report claims that Alameda acquired roughly $60 million worth of tokens before the digital assets were scheduled to be listed on FTX. Blockchain Analytics Firm Says Alameda Had an Insider’s Edge a Month Prior to FTX Listings Wall Street Journal (WSJ) contributor Caitlin Ostroff detailed on Nov. 14, 2022, that analysis from the blockchain analytics firm Argus indicates the now-bankrupt Alameda Research had....
I have been a vocal enthusiast of cryptocurrency for years now, so much so that now I write about it every chance I get. However, when I write about cryptocurrencies other than Bitcoin, I occasionally get some flak in the comments. Some Bitcoin lovers can be bizarrely, sometimes hilariously, hostile towards altcoins. The comments range from calling whatever coin I’ve highlighted a “scam,” to being admonished for supposedly distracting from Bitcoin, to being angrily ordered to stop “shilling for altcoins.” Make no mistake, I love Bitcoin. As the glorious trailblazer of the new age of....
In an X (formerly Twitter) thread, Coinbase’s director of product strategy & business operations at Coinbase and on-chain sleuth Conor Grogan has revealed how FTX’s Alameda Research allegedly contributed to Tether’s USDT dominance. Alameda Minted $39.55B of USDT On-chain data gathered by Grogan revealed that the trading firm minted $39.55 Billion worth of USDT, a […]