Bitcoin’s Four-Year Cycle Is Changing

Speaking on the New Era Finance Podcast, Hougan said that many of Bitcoin’s past sharp declines were largely driven by market psychology. For years, investors have acted according to the expectation of a four-year market cycle, and Hougan believes this narrative has sometimes triggered chain reactions of selling. According to Hougan, large Bitcoin holders often sold their holdings when they believed the cycle was nearing its end, creating downward pressure on the market. He added that options strategies and fears about the cycle’s conclusion have also influenced investor behavior.

“The main reason Bitcoin dropped was that large investors sold due to the four-year cycle expectation.”

Gold’s Rally and the “Digital Gold” Debate

During a period when Bitcoin experienced declines, Gold reached record highs. This caused some investors to question the “digital gold” narrative often associated with Bitcoin. However, Hougan argued that the reason is relatively simple. Since 2022, central banks have been purchasing large amounts of physical gold. Following the Russia‑Ukraine War, the freezing of certain countries’ assets led many governments to reconsider their reserve strategies. As a result, gold has been strongly supported by state-level buyers, while Bitcoin still reacts more sensitively to the psychological cycles of retail and institutional investors. Hougan also pointed out that gold’s roughly $30 trillion market value is not negative for Bitcoin. Instead, it demonstrates how large the store-of-value market can be.

Institutional Investors Could Reshape the Next Bull Market

Hougan reminded listeners that previous crypto bull markets were largely driven by aggressive retail buying. However, he believes institutional investors will play a much more decisive role in the next cycle. Institutional investors typically accumulate assets gradually each quarter, which could lead to a more stable market environment.

“Compared to previous bull markets, we may see a market that is less volatile, rising more gradually, and perhaps a bit more ‘boring.’”

Hougan’s “Mount Rushmore” of Crypto Projects

According to Hougan, the crypto market is no longer just about Bitcoin. Institutional interest is increasingly concentrated in a few major blockchain projects, which he described as the “Mount Rushmore of crypto.”

The projects he highlighted include:

• Ethereum
• Solana
• Chainlink

Hougan particularly emphasized Chainlink, noting that it provides critical infrastructure by connecting blockchains with real-world data. According to him, if Chainlink were a traditional technology company, it would likely be considered one of the most attractive investments in the tech sector.

Overall Assessment

According to Matt Hougan, the recent downturn in the crypto market is driven more by investor psychology and cycle expectations than by macroeconomic developments alone. The widely discussed four-year cycle narrative has influenced selling decisions among some large investors, creating short-term pressure on prices. However, the growing presence of institutional capital suggests that the crypto market could become more stable and mature over time. Hougan’s focus on infrastructure projects like Chainlink also highlights that institutional interest is expanding beyond Bitcoin into other parts of the blockchain ecosystem.

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post Bitwise CIO Shares His Favorite Altcoin! appeared first on Coin Engineer.

“Chainlink Is One of the Least Understood and Most Important Projects”

In his commentary, Hougan described Chainlink as one of the most undervalued cryptocurrencies, stating:

“I think Chainlink is one of the least understood, most important, and probably most undervalued projects in crypto.”

According to Hougan, investors largely overlook Chainlink’s critical and central role within the crypto infrastructure. LINK goes far beyond being just another altcoin; it stands out as a core layer that enables blockchains to function securely and reliably. The Bitwise CIO emphasized that, independent of price action, Chainlink provides indispensable infrastructure for the operation of the crypto market.

The Backbone of Crypto Infrastructure: Chainlink

Hougan highlighted that Chainlink enables otherwise isolated blockchain systems to securely interact with real-world data, financial markets, and other blockchains. According to him, Chainlink plays a vital role in areas such as:

• Price feeds for stablecoins
• Proof of Reserve (PoR) systems
• Cross-chain transfers
• Tokenization projects
• Regulatory compliance and payment infrastructure

He noted that tokenized stocks and bonds, in particular, rely on Chainlink infrastructure for regulatory compliance and payment mechanisms, reinforcing LINK’s long-term strategic importance.

Strong Institutional Adoption

Hougan also stated that DeFi applications, prediction markets, and on-chain derivatives products are heavily dependent on Chainlink technology. Moreover, the use of Chainlink infrastructure by global financial institutions such as SWIFT, DTCC, JPMorgan, Visa, Mastercard, and Fidelity clearly demonstrates the level of institutional adoption the project has achieved.

Matt Hougan’s remarks once again bring Chainlink to the forefront not merely as an altcoin, but as a foundational pillar of the crypto financial infrastructure. According to analysts, regardless of short-term price movements, LINK may continue to increase its strategic importance over the long term alongside the growth of the broader crypto ecosystem.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post This Altcoin Is in the Spotlight After Bitwise’s Statement! appeared first on Coin Engineer.

All Eyes on the SEC For Altcoin ETFs

For crypto investors, the launch of altcoin ETFs has long been one of the most anticipated developments. Despite the SEC’s historical hesitations and strict regulatory stance, industry experts suggest the agency may finally be prepared to give approval to certain well-established projects.

Seyffart’s List of Altcoin ETF Candidates

According to Seyffart, several altcoins appear to meet the SEC’s listing standards. These include Chainlink (LINK), Stellar (XLM), Bitcoin Cash (BCH), Avalanche (AVAX), Litecoin (LTC) and Polkadot (DOT). Each of these projects has proven technical foundations and sufficient trading activity to make the cut.

In addition, long-standing names such as XRP, Solana (SOL), Cardano (ADA), Dogecoin (DOGE) and Shiba Inu (SHIB) stand out thanks to their deep liquidity and well-developed derivatives markets, which strengthen their positions as strong contenders.

The Strongest Trio: XRP, Solana, and Cardano

Among all the potential candidates, Seyffart singled outXRP, Solana, and Cardano as the most likely to secure SEC approval first. Their market maturity, high liquidity, and strong investor interest put them ahead of the pack.

As he emphasized: “The probability of a spot ETF launch is highest for XRP, Solana, and Cardano.”

Ethereum ETFs and the Role of Staking

Seyffart also touched upon Ethereum-based ETFs. He argued that if staking is officially allowed within these products, demand could rise sharply, creating a significant shift in investor appetite for ETH ETFs.

Signs of an “Altcoin Season”

The Bloomberg analyst further noted that the crypto market is already in the midst of an “altcoin season.” However, he warned that this cycle is not identical to previous ones and stressed that altcoin ETFs are unlikely to generate the same level of market impact as Bitcoin ETFs did.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bloomberg Analyst: The Three Strongest Altcoin Candidates for SEC Approval appeared first on Coin Engineer.

Bitwise’s Plan

Bitwise aims to create an Exchange-Traded Fund (ETF) based on Chainlink (LINK) through its filing. Through this ETF, investors can gain exposure to Chainlink without directly holding the token. This strategy could allow a wider audience, including institutional and retail investors, to safely access crypto.

Importance of ETF Filings in the Crypto Market

Crypto ETFs enable investors to invest in cryptocurrencies via a regulated investment vehicle instead of directly holding spot tokens or futures contracts. Bitwise’s $LINK ETF filing demonstrates increasing institutional interest in Chainlink and shows how ETF products can enhance crypto adoption.

Chainlink and Bitwise

Chainlink (LINK) stands out as a decentralized oracle network for smart contracts. Bitwise’s ETF filing could pave the way for LINK to be included in institutional investment vehicles and contribute to greater ETF diversity in the crypto market.

The post Bitwise’s ETF Move Shakes the Market appeared first on Coin Engineer.

In its report for Q4 2024, Grayscale highlighted 20 altcoins with growth potential, taking into account market trends and key factors specific to each token. The list now includes 6 new altcoins: SUI, TAO, OP, HNT, CELO, and UMA. However, RENDER, MNT, RUNE, PENDLE, ILV, and RAY have been removed from the previous list.

According to Grayscale, the altcoins with high potential for the fourth quarter are as follows:

• Bitcoin (BTC)
• Ethereum (ETH)
• Solana (SOL)
• Toncoin (TON)
• Chainlink (LINK)
• Near (NEAR)
• Uniswap (UNI)
• Sui (SUI)
• Bittensor (TAO)
• Stacks (STX)
• Aave (AAVE)
• Optimism (OP)
• Arweave (AR)
• Maker (SKY)
• Helium (HNT)
• Lido DAO (LDO)
• Akash Network (AKT)
• Aerodrome (AERO)
• Celo (CELO)
• UMA Protocol (UMA)

Additionally, it was stated, “This quarter, we have removed the following projects from the Top 20: Celo. Grayscale Research continues to value each of these projects, and they remain important elements of the crypto ecosystem. However, we believe the revised Top 20 list may offer more attractive risk-adjusted returns for the upcoming quarter.

Investing in the crypto asset class involves risks, including some unique to the crypto space, such as smart contract vulnerabilities and regulatory uncertainty. Furthermore, all assets in the Top 20 have high volatility and carry high risks, making them unsuitable for all investors. In light of the risks associated with the asset class, any investment in digital assets should be considered within the context of a portfolio and with the investor’s financial goals in mind.”

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Grayscale Reveals 20 Altcoins with Potential for Q4! appeared first on Coin Engineer.

Daily Analysis

Bitcoin (BTC): The BTC/USDT pair has increased by 2.92% over the last 24 hours, with a current price of $63,786. The first resistance level for BTC stands at $64,980, followed by $66,870. Support levels are at $59,172 and $57,460.

Ethereum (ETH): The ETH/USDT pair has surged by 5.77% in the last 24 hours and is currently trading at $2,550. Resistance levels for ETH are set at $2,596 and $2,794, while support levels are $2,429 and $2,280.

Solana (SOL): SOL/USDT has jumped by 7.42% in the last 24 hours, reaching $148.71. Resistance levels are at $161.88 and $184.86, with support levels at $127.18 and $120.56.

Chainlink (LINK): LINK/USDT has increased by 4.62% and is now trading at $11.51. Resistance levels are at $11.57 and $12.70. Support levels are set at $10.18 and $9.27.

Near (NEAR): The NEAR/USDT pair has dropped by 1.45% over the last 24 hours, with the price at $4.45. Resistance levels are $4.54 and $5.24, while support levels are $3.94 and $3.42.

Events of the Day

Liquidation Heatmap

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The information in this article does not provide any investment advice.

The post Latest on Bitcoin and Cryptocurrencies – 20 September appeared first on Coin Engineer.

Daily Analysis

Bitcoin (BTC): The BTC/USDT pair has decreased by 1.37% over the last 24 hours and is now trading at $56,356. The first resistance level for BTC is $58,345, followed by $61,000. Support levels are $55,745 and further down, $53,102.

Ethereum (ETH): The ETH/USDT pair has decreased by 1.28% in the last 24 hours and is currently trading at $2,376. The first resistance level for ETH is $2,563, with a second at $2,826. Support levels are $2,340 and $2,204 below this zone.

Toncoin (TON): The TON/USDT pair has increased by 6.69% in the last 24 hours and is now trading at $4.89. Resistance levels for TON are $5.356, then $6.013. Support levels are $4.587 and $3.332 further down.

Chainlink (LINK): The LINK/USDT pair has decreased by 2.01% in the last 24 hours and is now trading at $10.02. Resistance levels for LINK are $10.84 and $12.71. Support levels are $9.92 and $8.11.

Cardano (ADA): The ADA/USDT pair has increased by 1.64% in the last 24 hours and is currently trading at $0.3276. The first resistance level for ADA is $0.3553, followed by $0.4015. Support levels are $0.3161 and $0.2760 below this zone.

Events of the Day

Liquidation Heatmap

The information in this article does not provide any investment advice.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Latest on Bitcoin and Cryptocurrencies – September 6 appeared first on Coin Engineer.

Since there were no legal problems, HashKey CEO Livio Weng opted to include Avalanche and Chainlink instead of many other cryptocurrencies with more market value. Weng thinks that this action represents a major turning point in Hong Kong’s expanding Web3 industry, which acquired impetus after U.S. political events especially when former President Trump voiced support of Web3 developments.

Native of the Avalanche network, AVAX ranks 13th among all the cryptocurrencies with a market value of $9.3 billion. Linked to the Chainlink oracle network, LINK comes in at number sixteen with a $6.9 billion market value. Now freely accessible on Hashkey versus the US currency for retail trade.

After the licencing enhancement in Hashkey and OSL, which is the second fully licenced market in Hong Kong, the retail identified trading business began in August, 2023. Prior to this, many exchanges were under “deemed to be licensed”; however, the Hong Kong Securities and Futures Commission (SFC) asked the ones that did not have full licenses or the necessary status to cease operations by June, 1.

Weng also said that other cryptocurrencies might be let for retail trading on Hashkey in the next weeks, thus increasing the investing possibilities for Hong Kong’s retail players.

Given the changing worldwide scene over bitcoin ownership, this law change signals a major turning point in Hong Kong’s aspirations to establish herself as a center for digital assets.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Hong Kong Expands Retail Crypto Options with Avalanche and Chainlink Listings on Hashkey appeared first on Coin Engineer.

This Might Interest You: Three People Who Convinced Trump About Bitcoin Revealed

Bitcoin (BTC): The BTC/USDT pair has decreased by 5.96% in the last 24 hours and is currently trading at $59,415. The resistance levels for BTC are first at $61,415 and then at $64,300. The support levels are $57,863 and below this zone is the $56,177 level.

Ethereum (ETH): The ETH/USDT pair has decreased by 8.46% in the last 24 hours and is currently trading at $2,467. The resistance levels for ETH are first at $2,677 and then at $2,819. The support levels are $2,308 and below this zone is the $2,130 level.

XRP (XRP): The XRP/USDT pair has decreased by 3.71% in the last 24 hours and is currently trading at $0.571. The resistance levels for XRP are first at $0.5952 and then at $0.6447. The support levels are $0.5450 and below this zone is the $0.4334 level.

Aptos (APT): The APT/USDT pair has decreased by 9.34% in the last 24 hours and is currently trading at $6.65. The resistance levels for APT are first at $6.99 and then at $7.66. The support levels are $5.71 and below this zone is the $4.34 level.

Chainlink (LINK): The LINK/USDT pair has decreased by 6.81% in the last 24 hours and is currently trading at $11.14. The resistance levels for LINK are first at $12.39 and then at $13.90. The support levels are $9.95 and below this zone is the $8.10 level.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The information in this article does not provide any investment advice.

The post Latest on Bitcoin and Cryptocurrencies – 28 August appeared first on Coin Engineer.

Bitcoin (BTC): The BTC/USDT pair has decreased by 0.70% in the last 24 hours and is currently trading at $60,709. Resistance levels for BTC are first at $61,800 and then at $66,150. Support levels are $57,720 and below this zone, the $56,200 level.

Ethereum (ETH): The ETH/USDT pair has decreased by 0.15% in the last 24 hours and is currently trading at $2,620. Resistance levels for ETH are first at $2,780 and then at $3,200. Support levels are $2,519 and below this zone, the $2,137 level.

Chainlink (LINK): The LINK/USDT pair has increased by 1.52% in the last 24 hours and is currently trading at $11.39. Resistance levels for LINK are first at $13.90 and then at $15.25. Support levels are $9.90 and below this zone, the $8.06 level.

Polygon (MATIC): The MATIC/USDT pair has increased by 1.09% in the last 24 hours and is currently trading at $0.532. Resistance levels for MATIC are first at $0.55 and then at $0.62. Support levels are $0.43 and below this zone, the $0.39 level.

Dogecoin (DOGE): The DOGE/USDT pair has decreased by 0.80% in the last 24 hours and is currently trading at $0.105. Resistance levels for DOGE are first at $0.11 and then at $0.138. Support levels are $0.097 and below this zone, the $0.080 level.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Latest on Bitcoin and Cryptocurrencies – 22 August appeared first on Coin Engineer.