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.

Bitcoin’s fall below $60,000 led to a wave of selling pressure that impacted the altcoin market significantly. Despite this, some projects managed to rise, fueled by news, trends, and technical analyses. Let’s explore which altcoins thrived in August.

Helium (HNT)

Helium (HNT) made headlines with its ecosystem developments and saw a notable surge. Throughout August, HNT achieved a remarkable 73% increase, making it a favorite among crypto miners. The rising activity within the Helium Mobile network could keep HNT among the top performers for a while longer.

Sui (SUI)

Gaining fame with its initial airdrop, Sui (SUI) has captured a strong upward trend. Despite the downturn in BTC and ETH prices, SUI saw a 38% rise in August, positioning itself as a promising player in the upcoming bull market. Positive and significant news from its ecosystem could further bolster its position.

Sats (SATS)

As one of the most notable BRC20 projects, Sats (SATS) showed impressive price movements. While Bitcoin struggled, SATS surged, ending August with a 35% gain. The recent halving phase contributed to this spike, allowing SATS to make a significant comeback.

Aave (AAVE)

Known for its association with decentralization, Aave (AAVE) experienced a notable rise towards the end of August. Increased attention to decentralization concepts, spurred by FUD news, benefited AAVE. With a 27% increase, AAVE secured its spot as the fourth top performer.

Artificial Superintelligence Alliance (FET)

Initially, the Artificial Superintelligence Alliance, combining AGIX and OCEAN, had a weak start. However, following NVIDIA’s positive earnings report, FET saw a significant boost. Concluding August with a 24% gain, FET secured its place as the fifth top altcoin of the month.

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

The post August’s Top 5 Altcoins: Surging Amidst Market Turmoil appeared first on Coin Engineer.

On the Bitcoin side, we have been seeing an upward structure for the past 2 days. Our important support level for now is $57,700. If this level does not hold, the decline could deepen to the $54,600 level. For the uptrend, closures above $62,000 are necessary. As long as this level is not broken and a sustained move above it does not occur, we cannot say that the upward wave has begun.

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Bitcoin (BTC): The BTC/USDT pair has gained 1.81% in the last 24 hours and is currently trading at $58,560. The resistance levels for BTC are first at $60,000, and then at $62,000. The support levels are $57,700 and below this region, at $54,600.

Ethereum (ETH): The ETH/USDT pair has gained 2.18% in the last 24 hours and is currently trading at $2,622. The resistance levels for ETH are first at $2,724, and then at $2,916. The support levels are $2,530, and below this region, at $2,280.

Highstreet (HIGH): The HIGH/USDT pair has gained 6.65% in the last 24 hours and is currently trading at $1.36. The resistance levels for HIGH are first at $1.41, and then at $1.68. The support levels are $1.20, and below this region, at $1.00.

Jito (JTO): The JTO/USDT pair has gained 3.61% in the last 24 hours and is currently trading at $2.41. The resistance levels for JTO are first at $2.60, and then at $2.80. The support levels are $2.14, and below this region, at $1.69.

Sui (SUI): The SUI/USDT pair has gained 4.06% in the last 24 hours and is currently trading at $0.8795. The resistance levels for SUI are first at $1.00, and then at $1.17. The support levels are $0.87, and below this region, at $0.60.

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 – August 16 appeared first on Coin Engineer.

Coinbase International Exchange received a license from Bermuda in September 2023 to offer perpetual trading services to its customers outside the United States. The exchange also offers perpetual trading for several other altcoins, including Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), Stellar (XLM), Polygon (MATIC), Bitcoin Cash (BCH), Celestia (TIA), Injective (INJ), Sei (SEI), Aptos (APT), Filecoin (FIL), Sui (SUI), Polkadot (DOT), Internet Computer (ICP), and Near Protocol (NEAR).

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According to CoinGecko data: BLAST is up 8.5% in the last 24 hours and is currently trading at $0.0153. ZRO is up 6.3% and is currently trading at $3.95. ZK is trading at $0.149.

The post Coinbase International Lists 3 New Altcoins for Perpetual Trading appeared first on Coin Engineer.

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Patreon users were quick to raise the alarm after receiving the emails. Also, its users immediately created posts on the X and Reddit platforms. The posts shared content that said, “Crypto users are having their email addresses registered with Patreon by scammers. These individuals then register them for malicious emails from fake crypto projects on the platform.”

Patreon Users Receive Phishing Emails Posing as the Platform

A review of the posts shows that this type of content began to appear on January 23. Users reported receiving fake airdrop offers from Patreon creators posing as Chainlink (LINK), Solana (SOL), Manta Network (MANTA), and Sui (SUI) since that date.

Crypto guys

The scammers are getting smarter and smarter.

I received the email on the left and I ignored cos I didn't register for patreon

After a few minutes, I received another mail (second frame)

I clicked and I met this (third frame).

This is clearly a scam although… pic.twitter.com/FEtKWboKvv

— King Jeremy (@JeremyofCrypto) January 28, 2024

On January 25, Support sent a post saying that the issue had been addressed and that the necessary steps were being taken. They also added that they would be reaching out to all affected accounts individually.

A screenshot of the email sent by the company but actually sent to users by scammers shows everything clearly. It explains that it was sent as part of a “malicious coordinated effort” to gain access to users’ cryptocurrency wallets and that the issue has since been “fixed.”

Si has recibido mails "raros" desde Patreon… es otro scam… pic.twitter.com/s5qGfjV4Lv

— 𝗚𝗨𝗘𝗥𝗥𝗜𝗟𝗟𝗔 (@Guerrilla_BTC) January 25, 2024

Even though the company says the issue has been resolved, X users say they are still receiving these types of emails.

A Reddit user created a post on January 28 with the title “CryptoCurrency“:

“I deleted 6 Patreon emails today, all talking about the ‘Manta’ airdrop. Obviously the extra protections are working well.“

According to a blockchain security platform, more than 324,000 cryptocurrency users were victims of phishing scams in 2023, resulting in a total loss of $295 million.

The post Patreon Users Receive Phishing Emails Posing as the Platform appeared first on Coin Engineer.

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With the pullback that occurred yesterday, Bitcoin value fell to the $40,000 level and is currently at a very critical point. The closing to be made today is of great importance for Bitcoin. In particular, it is important that Bitcoin does not close below $40,200. If a closing below this level occurs, the downward trend could continue towards the $36,000 levels.

Bitcoin and Cryptocurrencies Status Update! – January 19

• Bitcoin (BTC): BTC/USD pair is trading at $41,300, down 0.05% at the time of writing. The resistance levels for BTC are in the $41,400-$42,600 range, while the support levels are in the $41,000-$40,200 range.
• Ethereum (ETH): ETH/USDT pair is trading at $2,468, down 0.12% at the time of writing. The resistance levels for ETH are in the $2,540-$2,710 range, while the support levels are in the $2,375-$2,145 range.
• Ethereum Name Service (ENS): ENS/USDT pair is trading at $20.11, down 4.79% at the time of writing. The resistance levels for ENS are in the $21.80-$23.53 range, while the support levels are in the $19.08-$16.08 range.
• Mina (MINA): MINA/USDT pair is trading at $1.17, down 3.03% at the time of writing. The resistance levels for MINA are in the $1.30-$1.45 range, while the support levels are in the $1.15-$1.09 range.
• Sui (SUI): SUI/USDT pair is trading at $1.12, down 2.94% at the time of writing. The resistance levels for SUI are in the $1.20-$1.32 range, while the support levels are in the $1.08-$0.90 range.

The post Bitcoin and Cryptocurrencies Status Update! – January 19 appeared first on Coin Engineer.

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With yesterday’s decline, Bitcoin closed below the $42,000 support level, triggering stop losses. It then quickly regained the support level and moved towards the $43,190 resistance level. If support is provided at this level, we could rise to $44,300. However, if the $43,190 resistance level cannot be broken, there is a possibility of testing the $42,000 levels again.

Bitcoin and Cryptocurrencies: Latest Status: January 15

• Bitcoin (BTC): BTC/USD pair is trading at $42,685, up 2.35% at the time of writing. Resistance levels for BTC are between $43,190 and $44,300, while support levels are between $42,000 and $40,735.
• Ethereum (ETH): ETH/USDT pair is trading at $2,514, up 1.70% at the time of writing. Resistance levels for ETH are between $2,540 and $2,710, while support levels are between $2,375 and $2,145.
• Sui (SUI): SUİ/USDT pair is trading at $1.4039, up 12.23% at the time of writing. Resistance levels for SUİ are between $1.45 and $2.30, while support levels are between $1.38 and $1.24.
• Mina Protocol (Mina): MİNA/USDT pair is trading at $1.21, up 5% at the time of writing. Resistance levels for MİNA are between $1.2240 and $1.43, while support levels are between $1 and $0.8825.
• Injective (INJ): INJ/USDT pair is trading at $38.80, up 5.10% at the time of writing. Resistance levels for INJ are between $43.70 and $55.17, while support levels are between $35 and $32.

Overall, the cryptocurrency market is showing signs of recovery. Bitcoin has regained the $42,000 support level, and altcoins are also up. If the $43,190 resistance level is broken, we could see a further rise in prices.

The post Bitcoin and Cryptocurrencies: Latest Status – January 15 appeared first on Coin Engineer.

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Here are the Altcoin Token Unlocks in January 2024:

Aptos(APT), CyberConnect(CYBER), and Space ID(ID) are all important unlocks. Aptos(APT) will be unlocking $256 million in January.

Here are the altcoin token unlocks this month:

3 January 2024, 03:00 – Sui(SUI):

Market Cap: $963.33 million

Unlocked Token Amount: $30.29 million (3.14%)

5 January 2024, 03:00 – Galxe(GAL):

Market Cap: $200.53 million

Unlocked Token Amount: $6.70 million (3.34%)

7 January 2024, 03:00 – Hashflow(HFT):

Market Cap: $110.60 million

Unlocked Token Amount: $5.32 million (4.81%)

14 January 2024, 17:24 – CyberConnect(CYBER):

Market Cap: $108.64 million

Unlocked Token Amount: $9.24 million (8.51%)

17 January 2024, 03:00 – ApeCoin(APE):

Market Cap: $641.35 million

Unlocked Token Amount: $27.15 million (4.23%)

18 January 2024, 16:10 – Axie Infinity(AXS):

Market Cap: $1.26 billion

Unlocked Token Amount: $32.13 million (2.54%)

21 January 2024, 03:00 – Injective(INJ):

Market Cap: $3.29 billion

Unlocked Token Amount: $143.22 million (4.35%)

14 January 2024, 17:24 – SPACE ID(ID):

Market Cap: $136.64 million

Unlocked Token Amount: $16.91 million (12.37%)

27 January 2024, 17:00 – Yield Guild Games(YGG):

Market Cap: $128.05 million

Unlocked Token Amount: $7.60 million (5.94%)

30 January 2024, 07:00 – Optimism(OP):

Market Cap: $3.51 billion

Unlocked Token Amount: $93.01 million (2.65%)

The implications of tokens unlocking

Token unlocks can have a significant impact on the price of an altcoin. When a large amount of tokens are released into circulation, it can lead to a decrease in price. However, if the demand for the token is strong, the price could remain stable or even increase.

Additionally, investors should carefully consider the implications of token unlocks before making any investment decisions. They should also monitor the market closely to see how.

The post Altcoin Token Unlocks in January 2024! appeared first on Coin Engineer.

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It seems that the expected retracement in Bitcoin continues. Currently, the $36,600 level appears to be the first support point. If we can’t get a strong return from this level, the downtrend could continue down to $35,200. The situation is similar with altcoins; it generally seems like the bears are dominant in the market. It would be beneficial to stay away from long-term transactions for a while during this period.

The Latest Status on Bitcoin and Cryptocurrencies – 27 November

‣ Bitcoin (BTC) At the time of writing, the BTC/USD pair is trading at $37,272, down by 0.34%. Resistance levels for BTC are $37,800–$38,000, while support levels are $37,000–$36,400.

‣ Ethereum (ETH) At the time of writing, the ETH/USDT pair is trading at $2045, down by 0.82%. Resistance levels for ETH are $2090–$2130, while support levels are $2000–$19607.

‣ Dydx (DYDX) At the time of writing, the DYDX/USD pair is trading at $3.27, down by 4.67%. Resistance levels for DYDX are $3.63–$4.19, while support levels are $2.93–$2.35.

‣ Sui (SUI) At the time of writing, the SUI/USD pair is trading at $0.59, down by 5.94%. Resistance levels for SUI are $0.63–$0.68, while support levels are $0.57–$0.50.

‣ Origin Protocol (OGN) At the time of writing, the OGN/USD pair is trading at $0.0128, down by 4.52%. Resistance levels for OGN are $0.0135–$0.0141, while support levels are $0.0126–$0.020.

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 The Latest Status on Bitcoin and Cryptocurrencies! – 27 November appeared first on Coin Engineer.