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Showing posts with the label altseason

Altseason Can No Longer Rely on Capital Rotation From Bitcoin (BTC), Says CryptoQuant CEO – Here’s Why

The chief executive of blockchain intelligence platform CryptoQuant says a structural shift in the accumulation of Bitcoin (BTC) is the culprit behind a delayed altseason. On-chain analyst Ki Young Ju tells his 379,400 followers on the social media platform X that the primary drivers of the current Bitcoin rally are entities not interested in loading up on altcoins. According to the CryptoQuant executive, altcoins now have to come up with a compelling use case as they can no longer rely on Bitcoin’s momentum to see higher prices. “Compared to the last cycle, the nature of capital flowing into Bitcoin has shifted. The current Bitcoin rally is primarily driven by demand from institutional investors and spot ETFs (exchange-traded funds). Unlike crypto exchange users, institutional investors and ETF buyers have no intention of rotating their assets from Bitcoin to altcoins. Moreover, as they operate outside of crypto exchanges, asset rotation becomes inhe...

Best Cryptocurrencies to Invest in Right Now October 13 – Chiliz, VeChain, GALA

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The cryptocurrency market is seeing notable activity as several altcoins show significant gains, suggesting the approach of the anticipated “AltSeason.” Coins like Aptos and Chiliz have recently recorded increases of 6.83% and 20%, respectively. This momentum aligns with the Altcoin Season Index, which is showing an inverse head-and-shoulders pattern—a technical indicator often linked to a potential bullish trend. This pattern signals a possible upswing in altcoin prices, something that has not occurred in over three years. As this trend unfolds, investors are paying close attention to the best cryptocurrencies to invest in right now . Tracking market indicators and price movements can provide insights into which altcoins might be worth considering for investment in the near future. Best Cryptocurrencies to Invest in Right Now CHZ has recently seen a notable price rise of about 20%, driven by various factors. GALA, on the other hand, has grown 57% in value over the...