The altFINS Blog

Last week, altcoins got a boost from Bitcoin’s gains, but not as much as one would expect.  Perhaps it’s an opportunity for altcoin traders.  If Bitcoin holds on to its recent gains, altcoins should follow.   Following a breakout from...

Last week, there were more losers than gainers among altcoins.  Generally, it’s a continuation of a sideways trend, much like Bitcoin.  Following a breakout from a symmetrical triangle in the prior week, Bitcoin (BTC) has stabilized in the $11K-$12K...

It’s important for traders using technical analysis to identify big picture trends. In crypto, the big picture is dictated by Bitcoin and that’s why we keep track of alternative data indicators used to analyze Bitcoin usage, adoption and valuation...

Last week was positive for altcoins, with many closing in the green for the week.  It coincided with a breakout in Bitcoin (BTC) price, which was boosted by several catalysts (Square allocating $50M to Bitcoin, Trump returning to office,...

Last week saw a deterioration in market technicals, with losers outnumbering gainers. Bitcoin (BTC) gapped down on couple of negative announcements (BitMEX lawsuit, Trump health), but recovered about half of its loses, and continues to trade in the $10K-11K...

Last week, Lucas Nuzzi, Network Data Product Manager from Coin Metrics, gave a presentation with CoinDesk about using on-chain data for valuing BTC. Since there are no fundamentally established methods of valuing BTC, analysts keep inventing ways to value...

Last week we saw an improvement in market technicals, with balanced gainers and losers.  BTC has stabilized in a $10K-$11K range, which helped the altcoins as well.  Many altcoins are near their strong support levels too. Below, for trend...

Yesterday, Philip Gradwell, an analyst from on chain data analytics platform Chainalysis, gave a presentation with CoinDesk, and there are a couple of key takeaways that jumped out. 1. New investors in BTC are steadily increasing, really since early...

Last week’s top 50 performance….guess crypto is still a risk-on asset class.  Resembling the ongoing correction in NASDAQ tech stocks (down 10-20%), the large cap cryptocurrencies also remained under pressure last week, with notable exceptions including Bitcoin (BTC, +2.70%),...