MihaCraiov

The Impact of Bitcoin Scarcity on Altcoin Adoption

As the demand for Bitcoin continues to surge, coupled with the effects of post-halving mining supply constraints, a noticeable shortage of Bitcoin within Over-the-Counter (OTC) offices has emerged. While this scarcity is partly fueled by investors holding onto their Bitcoin reserves rather than liquidating them, another significant contributing factor is the heightened institutional interest in Bitcoin.

In response to this scarcity, investors may opt to diversify their portfolios by exploring alternative cryptocurrencies, such as Ethereum, Ripple, and Litecoin. These altcoins offer improved availability and are witnessing increased demand, potentially making them more attractive investment options amidst the scarcity of Bitcoin in OTC offices.

This potential shift towards altcoins highlights the evolving dynamics of investor preferences and underscores the need for a comprehensive analysis of the digital currency market. While the surge in demand for Bitcoin remains a crucial factor, understanding the broader market trends and investor behaviors is essential for navigating the ever-changing landscape of digital assets

some youtubers be talkin' bout how lunc gonna hit $1 in the future, hahah.

but let's keep it real, ain't nothin' out there givin' us hope that lunc gonna hit $1 anytime soon. but these kinda news got people holdin' onto their tokens, waitin' for that $1 dream, endin' up losin' a lotta cash they coulda made if they had the right info. so, lunc holders, set your goals, sell some at $0.005, $0.007, $0.01, and cop some more now for $100 for the long haul 🤫 , (if we got real bullrun)

if you waitin' for $1, maybe we'll catch you in the next bullmarkt still clutchin' onto your stash 😉

Cardano's active wallet game is strong, hitting over 600K in the last 30 days, doubling since March. The growth ain't been smooth, but since September, it's been on the rise from a low of 297,268. Now, we're talkin' 212,000 active wallets in just seven days. Plus, the dApps like Indigo Protocol and Minswap are makin' moves, with Minswap pullin' in over 30K active wallets in 30 days. With ADA's price poppin' off and IOG droppin' new deals, Cardano's lookin' primed for some serious action

👁 projects i mentioned

BTC's sittin' at $72,867, ETH's at $3,983, and BNB's rockin' $590. Meanwhile, we got SHIB at $0.00, DOGE at $0.17, and SOL at $157. Big question, though: Will Bitcoin's halving attract more institutional cats to the crypto scene? With ETFs makin' moves and the halving comin' up in April, the game's gettin' wild. Gotta watch out for the hash rate, the whales, and the price swings—crypto's always keepin' us on our toes, you know?

a huge move went down in the crypto game, with over two trillion PEPE tokens—worth $20.22 million—bouncin' from Binance to Crypto.com. This ain't the first rodeo—just the day before, a whale shuffled 500 billion PEPE tokens to OKX, worth $4.13 million. With PEPE's price chillin' at $0.00000889, up 7.69% in 24 hours, it's clear the meme coin's still got juice. But with whales makin' moves, the game's as unpredictable as ever.

peep this: Floki's been on fire lately, hittin' a three-year high at $0.00030656. With a sick 75% increase in just a week, it's outshinin' PEPE, BONK, WIF, DOGE, and SHIB. Some say it could be the next big memecoin, followin' in DOGE's footsteps. But watch out for whales cashin' out, playin' it safe despite Floki's hype. Analysts got mixed predictions, but one thing's for sure—keep your eyes peeled on Floki's ride through the crypto jungle.

Terraform Labs got the go ahead to hire Dentons law firm for their SEC lawsuit. Despite pushback from creditors and the SEC, the judge approved the move, deeming it necessary. Terraform, known for the failed Terra platform, filed for bankruptcy in Jan. 2024. Dentons will refund $48 million and face more court oversight. 🙄

With an unprecedented surge of 630% in just a month, memecoin PEPE has become one of the most remarkable names in the crypto world. Accumulation by both institutional and retail investors has propelled PEPE's growth. Despite a recent correction, PEPE remains resilient with significant growth potential. Analysts anticipate further growth, with PEPE's market cap potentially reaching between $6.9 billion and $17 billion

btc ETFs saw $1 billion in daily netflows for the first time ever.

I don't think that enough ppl realize how insane this is

$100k per $BTC is preordained

NEAR token, riding the bullish wave, has surged over 130% in the past month amid Bitcoin's rally. Analysts anticipate further gains, with Altcoin Sherpa foreseeing consolidation before the next leg up. Rekt Capital suggests breaking a multi-year downtrend could propel NEAR to revisit its ATH resistance near $20. Currently trading at $7.3, NEAR's market cap shows a 7.7% growth, ranking it 19th among cryptocurrencies. Despite a 20% drop in daily trading volume, optimism remains high for NEAR's potential push towards $10

btc continues bullish trend above $72,000, with daily inflows hitting $2 billion, comparable to previous bull markets. small wallets accumulating while whales sell off supplies. analyst predicts btc price target of $83,000 amid $83 billion influx into crypto market, driven by institutional and retail investors. despite hotter-than-expected inflation, u.s. equities remain strong, fueled by rising liquidity since mid-2023. major correction in btc or crypto seems unlikely with strong liquidity trend

shiba inu (shib) back in accumulation phase, analysts anticipate push beyond $0.000054. recent consolidation after multi-year high. accumulation trend noted, large buys from whales. expect eventual surge above $0.000054 zone. similar price movements seen in 2021 bull run, potential repeat. bear in mind, crypto is volatile and speculative

dogecoin (doge) back in top 10 cryptos, eyeing $1.00. currently at $0.168, up 10% in 7 days. in past 30 days, up over 100%. meme coins like shiba inu, pepe, dogwifhat, bonk up 200-800%. driven by bitcoin's record highs, sparking risk-taking. bullish outlook with bitcoin above $70,000, $1 doge possible. if bitcoin hits $100,000, dogecoin's $1 would mean market cap of $143 billion, just 7% of bitcoin's. bear in mind dogecoin hit $0.76 in 2021, with $85 billion market cap

xrp price rally above $0.6400, aiming for $0.800 or $0.850. now trading above $0.670 and 100 SMA (4 hours). key trend line support near $0.660. resistance at $0.720 and $0.7440. watch for potential decline if unable to clear $0.720

arbitrum network releasing 1.11 bil tokens on mar 16, 76.62% of supply worth $2.31 bil. expect more volatility in ARB price as team, advisors, and investors cash in. ARB trading in $1.7307 to $2.2017 range, with potential for further downside. watch out for breaches of support levels, could lead to significant price action fellow me for more

aptos network dropping 24.84 mil tokens on mar 13, 6.7% of supply worth $334.13 mil. development activity vs price suggests bearish outlook. apt price rejected at $14.55 on mar 6, faces further downside. on-chain metrics indicate bearish sentiment, watch $12.79 support level closely. if breached, could slide to $11.41 or even $10.44. dyor

Shiba Inu (SHIB) whales are accumulating tokens as the coin approaches its all-time high. A massive 332 billion SHIB was transferred to a Robinhood-linked wallet, indicating growing interest. Robinhood and Crypto.com have seen significant increases in SHIB holdings recently. Analysts predict SHIB's price could rise to $0.000052, buoyed by meme coin momentum and bullish altcoin trends. Currently, SHIB trades around $0.00003256, showing positive movement in the last 24 hours

ADA is poised for a significant breakout, with experts projecting a rise to $1.5. Analysts note ADA's parabolic movement resembling previous bull market rallies, anticipating a surge akin to its $0.2 to $3 climb. Despite facing resistance at $0.78, ADA maintains steady growth, currently trading around $0.7529. With recent upgrades and market momentum, Cardano could surpass expectations, building on its trend since 2022

Bitcoin's surge past $72,000 keeps MicroStrategy's Michael Saylor upbeat, viewing it as "digital real estate" for long-term investment. Saylor criticizes those still seeing Bitcoin as currency, emphasizing its value in preserving capital for centuries. With El Salvador holding more Bitcoin than gold, Saylor argues its potential as an asset far exceeds its use as currency. MicroStrategy's massive $800 million Bitcoin investment boosts its total holdings to 205,000 BTC, solidifying its position as the leading publicly traded company in Bitcoin holdings since 2020

Is it a bull market? It's complicated. While Bitcoin soars, memecoins make a comeback, and De-Fi projects flaunt high yields, some say the frenzy isn't quite here yet. For MoonPay, the bull run began in late 2023, coinciding with regulatory clarity and Bitcoin's rally. Despite bullish signs, VC funding remains low, hinting at cautious optimism. With Bitcoin dominance up and VC appetite down, it's unclear if we're fully out of the woods. Still, traders aren't complaining about today's prices.