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The cryptocurrency market is again heating up, led by Bitcoin (BTC), after the flagship digital asset reclaimed the $35,000 mark. As the short-term gains progress, there remains widespread uncertainty regarding the sustainability of the rally, with some market participants anticipating a continuation while others foresee a correction. With Bitcoin rallying, attention has also turned to altcoins and their ability to emulate the largest cryptocurrency by market capitalization. Notably, several altcoins have been rallying, presenting an opportunity for investors to capitalize on in the future. In this context, cryptocurrency trader and analyst Michaël van de Poppe, in a YouTube video on November 5, identified the following altcoins to consider buying as the markets heat up. Chainlink (LINK) Poppe pointed out the need to buy Chainlink (LINK) based on the token’s historical price movement. He emphasized that LINK historically correlates with Bitcoin, meaning the asset classes t...

Bitcoin price stages a sudden comeback from its lowest levels since mid-March. Bitcoin (BTC) recovered some of its lost ground after the June 6 Wall Street open despite new legal action from United States regulators. BTC/USD 1-day candle chart on Bitstamp. Source: TradingView Analyst sees Coinbase marking BTC price low Data from Cointelegraph Markets Pro and TradingView tracked an ongoing rebound for BTC/USD, which reached $26,250 on Bitstamp. The pair had dipped to nearly three-month lows of $25,350 earlier in the day amid news that the U.S. Securities and Exchange Commission (SEC) was suing exchange Coinbase. An accompanying press release referred to acting as an unregistered broker "engaging in an unregistered securities offering through its staking-as-a-service program" beginning in 2019. The move followed legal proceedings against the U.S. arm of largest exchange Binance the day prior, this having a much more pronounced impact on crypto markets. "Despite SEC lawsui...

This week’s BTC options expiry could play a decisive role in Bitcoin price potentially trading below the $26,000 level. Bitcoin (BTC) price lost steam after a failed rupture of the $27,500 resistance on May 15, putting bears in a better position for the May 19 expiry. The regulatory newsflow likely played a key role in trimming investors’ risk appetite as governments seek more control over the sector. In a memo circulated among committee members, Democrats in the United States legislature sought to cement the SEC’s authority over crypto. The document was made public on May 10, including the argument that nearly all digital assets constitute securities. Moreover, according to Gensler’s view, even network nodes are in violation of securities laws. The United Kingdom’s Treasury Committee “strongly recommended” on May 17 regulating retail crypto trading and investment activity as gambling, consistent with the principle of “same risk, same regulatory outcome.” Treasury Committee Chair Harr...

Pepecoin is a new meme-inspired cryptocurrency that's growing faster than Shiba Inu in its early days thanks to some big-name exchange listings. The market valuation of Pepecoin (PEPE) has dropped by 65% as of May 12, a week after its record high of $1.54 billion. Profit-taking appears to be the primary reason behind the extreme price correction, after it rallied from almost nothing to as high as $0.00000372 after its launch on April 14, while emerging as the fastest-growing ERC-20 token in the crypto market's history. PEPE market cap performance since launch. Source: CoinGecko What is PEPE? Pepecoin captures people's attention by mimicking Features of memecoins , based on popular internet memes. The most well-known is Dogecoin (DOGE), which uses the famous Shiba Inu dog meme as its logo.  Pepecoin is based on the "Pepe The Frog" meme, created by Matt Furie in his 2005 cartoon “Boys Club.” The humanoid frog went on to become a mainstream meme in the mid-2010s, w...