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 Bitcoins dull price action ignites buying interest in LINK FIL SNX and THETA

Bitcoins dull price action ignites buying interest in LINK FIL SNX and THETA


Published: 2023-07-23


1. Topic: Bitcoin's Dull Price Action Ignites Buying Interest in LINK,FIL,SNX,and THETA Bitcoin's recent lackluster price action has led to increased buying interest in several altcoins,namely Chainlink (LINK),Filecoin (FIL),Synthetix (SNX),and Theta (THETA). These alternative cryptocurrencies have seen significant upticks in their values as investors search for more profitable opportunities beyond Bitcoin. Chainlink (LINK),a decentralized oracle network,has experienced a surge in demand due to its role in facilitating price feeds and data required by various DeFi (Decentralized Finance) applications. Its ability to securely connect blockchains with external data sources has garnered attention from investors looking for exposure to the growing DeFi sector. Filecoin (FIL),a decentralized storage network,has also benefited from Bitcoin's lackluster performance. FIL provides a blockchain-based solution for storing and retrieving data,attracting investors who recognize the importance of decentralized storage in a digital world. Its recent price surge indicates growing interest in its unique offering. Synthetix (SNX) is a decentralized platform that offers synthetic assets representing real-world assets. SNX has gained traction as the DeFi sector expands,providing users with the ability to trade diverse synthetic assets,including cryptocurrencies,commodities,and indices. With Bitcoin's price stagnation,more investors are diversifying their portfolios into SNX for exposure to alternative assets. Theta (THETA) is a decentralized video delivery network that is gaining popularity among content creators and viewers due to its ability to improve video streaming experiences and reward participants through a native token system. As Bitcoin's price remains stagnant,THETA has attracted attention from individuals seeking opportunities beyond traditional cryptocurrencies.

2. In the current market conditions,altcoins like Chainlink,Filecoin,Synthetix,and Theta are gaining momentum as investors look for alternatives to Bitcoin. Chainlink's unique ability to facilitate secure connections between blockchains and external data sources has made it a sought-after asset in the DeFi space. This has led to increased demand and contributed to its recent price surge. Filecoin,on the other hand,offers decentralized storage solutions,which are becoming increasingly important in an increasingly digital world. Investors recognize the value of decentralized storage and have shown interest in Filecoin's blockchain-based storage network. Synthetix has carved out a niche in the DeFi market by offering synthetic assets that mirror real-world assets. This enables users to gain exposure to a diverse range of assets,including cryptocurrencies,commodities,and indices,without actually owning them. As the DeFi sector continues to expand,more investors are turning to Synthetix as a means of diversifying their portfolios and capitalizing on alternative assets. Theta's decentralized video delivery network has gained traction among content creators and viewers alike. By improving video streaming experiences and providing participants with token rewards,Theta has positioned itself as a viable alternative to traditional streaming platforms. As Bitcoin's price remains stagnant,investors have started to explore opportunities beyond the realm of traditional cryptocurrencies,leading to increased interest in Theta.

3. In summary,Bitcoin's lackluster price action has sparked buying interest in altcoins like Chainlink,Filecoin,Synthetix,and Theta. Each of these altcoins offers unique features and attracts investors based on their value proposition. Chainlink's ability to securely connect blockchains with external data sources has made it popular in the DeFi sector. Filecoin's decentralized storage network addresses the growing need for secure and efficient data storage. Synthetix enables users to gain exposure to a diverse range of synthetic assets,and Theta's decentralized video delivery network aims to revolutionize the streaming industry. As Bitcoin's dominance wanes,these altcoins are gaining traction among investors seeking alternative opportunities in the cryptocurrency market.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 62,126.09 1,490,198,588.28
2 ARS title=ARS 1,067.30 1,455,012,323.30
3 ETH title=ETH 3,138.80 1,346,941,596.71
4 SOL title=SOL 135.02 444,531,310.00
5 PEPE title=PEPE <0.01 249,653,778.99
6 ETHFI title=ETHFI 4.40 239,044,568.60
7 DOGE title=DOGE 0.14 161,095,717.18
8 XRP title=XRP 0.51 160,351,382.40
9 ENA title=ENA 0.83 137,596,056.36
10 WIF title=WIF 2.64 109,372,063.13
11 NEAR title=NEAR 6.74 90,456,664.28
12 BONK title=BONK <0.01 81,011,653.66
13 OP title=OP 2.46 79,201,505.47
14 BOME title=BOME <0.01 66,609,009.17
15 GLM title=GLM 0.54 63,199,127.39
16 AVAX title=AVAX 33.85 60,792,442.71
17 RUNE title=RUNE 4.95 57,280,195.83
18 WAVES title=WAVES 2.65 51,016,340.50
19 AR title=AR 34.63 46,655,668.99
20 TRX title=TRX 0.12 42,897,401.22
21 WLD title=WLD 4.64 42,637,023.72
22 FLOKI title=FLOKI <0.01 42,437,726.39
23 SEI title=SEI 0.61 42,301,111.23
24 MATIC title=MATIC 0.70 41,081,146.58
25 ETC title=ETC 27.08 41,031,737.74
26 LTC title=LTC 82.89 40,917,758.51

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Waves title=WAVES 2.65 +9.42
2 OAX title=OAX 0.23 +7.09
3 W 0.63 +3.99
4 Lido DAO title=LDO 2.12 +2.02
5 Enzyme title=MLN 21.52 +1.61
6 AS Roma Fan Token title=ASR 4.07 +1.27
7 FC Barcelona Fan Token title=BAR 2.68 +1.13
8 Sei title=SEI 0.61 +0.92
9 Ooki title=OOKI <0.01 +0.81
10 Ether.fi title=ETHFI 4.40 +0.21

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Galxe title=GAL 3.52 -21.39
2 Cats Of Sol title=COS 0.01 -19.45
3 LeverFi title=LEVER <0.01 -16.76
4 SSV Network title=SSV 47.63 -11.83
5 Polymesh title=POLYX 0.36 -10.82
6 Maker title=MKR 2,748.00 -10.17
7 Cartesi title=CTSI 0.20 -10.16
8 GALA title=GALA 0.04 -9.60
9 aelf title=ELF 0.58 -9.54
10 Bittensor title=TAO 393.20 -9.46
11 Numeraire title=NMR 23.22 -9.33
12 Dymension title=DYM 3.40 -9.29
13 Chromia title=CHR 0.29 -9.11
14 Optimism title=OP 2.46 -8.98
15 Vite title=VITE 0.02 -8.87
16 FarmBot title=FARM 78.30 -8.86
17 NEAR Protocol title=NEAR 6.74 -8.79
18 IQ title=IQ <0.01 -8.58
19 Celestia title=TIA 9.55 -8.53
20 Starknet title=STRK 1.18 -8.52
21 Magic title=MAGIC 0.76 -8.38
22 Conflux title=CFX 0.22 -8.33
23 Tensor title=TNSR 0.85 -8.24
24 Synapse title=SYN 0.92 -8.23
25 Hifi Finance title=HIFI 0.77 -8.11
26 Ethernity Chain title=ERN 4.01 -7.98
27 ConstitutionDAO title=PEOPLE 0.02 -7.89
28 Mobox title=MBOX 0.33 -7.77
29 AVA Foundation Bridged AVA (BSC) title=AVA 0.61 -7.68
30 Memecoin title=MEME 0.03 -7.64

Bitcoin's Greed and Fear Index.

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67
Greed

Global CryptoCurrency News

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(See more news ...)
at news date
1 Europe needs Airbus for the metaverse to become global Web4 leader 2024-04-29
2 Sam Altmans OpenAI reportedly in partnership talks with his other firm Worldcoin 2024-04-29
3 Bitcoins range bound action puts eyes on NEAR AR CORE and BONK 2024-04-29
4 6 month low Ethereum fees suggest altseason is inbound Santiment 2024-04-29
5 DOJs Tornado Cash arguments show obvious disdain for privacy Lawyer 2024-04-29
6 Solo Bitcoin miner wins the 3125 BTC lottery solving valid block 2024-04-29
7 Google Clouds Web3 portal launch sparks debate in crypto industry 2024-04-28
8 DOJ challenges motion to dismiss Tornado Cash co founders charges 2024-04-28
9 Ionet responds to GPU metadata attack 2024-04-28
10 Crypto trader sees best 039altseason039 since 2017 as Bitcoin price cools 2024-04-28
11 This 360 treadmill could make Disneys metaverse a physical playground 2024-04-28
12 Phoenix and Wasabi exit US market amid self custody wallet crackdown 2024-04-28
13 Google Cloud039s Web3 portal launch sparks debate in crypto industry 2024-04-28
14 Nvidia shares up 15 in 5 days Will AI crypto tokens follow 2024-04-27
15 DTCC rules out collateral for Bitcoin linked ETFs 2024-04-27
16 What is liquid staking and how does it work 2024-04-27
17 Franklin Templeton lists Ethereum ETF on DTCC 2024-04-27
18 Taiwan prosecutors target 20 year sentences for Ace Exchange suspects 2024-04-27
19 Apple reportedly courting OpenAI to develop AI features for iPhone 2024-04-27
20 Binance wants the court to know US governments position on USDC 2024-04-27
21 Custodia Bank takes case to higher court after March setback 2024-04-27
22 Liquid staking on BNB Smart Chain millions stuck in DeFi bridge contracts Finance Redefined 2024-04-27
23 Bitcoin price holds steady amid spot BTC ETF outflows and uptick in unfriendly regulation 2024-04-27
24 Bidens Homeland Security team taps tech elite for AI defense board 2024-04-27
25 EU DeFi regulations set to welcome big banks challenge crypto natives 2024-04-27
26 John Deaton files amicus brief in support of Coinbase appeal against SEC 2024-04-27
27 Crypto Biz X payment system Block moves into Bitcoin mining and more 2024-04-27
28 Lost Yuga Labs restructures again with layoffs new executive 2024-04-27
29 Republic First Bank closed by US regulators crypto community reacts 2024-04-27
30 Crypto mixing is not a crime says CryptoQuant CEO 2024-04-26
31 Nvidia backed AI startup releases avatars that express human emotion 2024-04-26
32 Does the metaverse need to be on the blockchain Execs weigh in 2024-04-26
33 Bitcoins daily transactions reach new record high 2024-04-26
34 UK police authorized to seize criminal crypto holdings without arrests 2024-04-26
35 Q Day approaching Can Ethereum survive a quantum emergency 2024-04-26
36 Mainland China investors wont be able to buy Hong Kong Bitcoin ETFs 2024-04-26
37 EU touts health benefits for children in the metaverse despite risks 2024-04-26
38 Fortune favors something Eminem takes Cryptocom mantle from Matt Damon 2024-04-26
39 Bitcoin chart bull flag is a 039strong bullish setup039 Analyst 2024-04-26
40 Will Dogecoin skyrocket 7 months after the Bitcoin halving again 2024-04-26
41 Stripe bringing back crypto payments this time with a stablecoin 2024-04-26
42 BONK POPCAT and Solana memecoins stay green even as Bitcoin price drops 2024-04-26
43 Anti crypto SEC commissioners term is up in 41 days Will she be replaced 2024-04-26
44 6B scam accused in court China loophole for Hong Kong Bitcoin ETFs Asia Express 2024-04-26
45 039Epic sat039 mined from fourth Bitcoin halving block sells for 21M 2024-04-26
46 Gordon Goner on his dramatic health battles and Bored Apes turning 3 2024-04-26
47 Bitcoin miner Marathon increases 2024 hash rate target to 50 EHs 2024-04-26
48 FBI warning against crypto money transmitters appears to be aimed at mixers 2024-04-26
49 Solana sees dramatic increase in institutional portfolios CoinShares 2024-04-26
50 Giant buy signal Crypto whales transfer 13B to Coinbase 2024-04-26

US news that has a significant impact on the market

at news day date time
1 Employment Cost Index q/q Tuesday 30-04-2024 13:30
2 S&P/CS Composite-20 HPI y/y Tuesday 30-04-2024 14:00
3 HPI m/m Tuesday 30-04-2024 14:00
4 Chicago PMI Tuesday 30-04-2024 14:45
5 CB Consumer Confidence Tuesday 30-04-2024 15:00
6 ADP Non-Farm Employment Change Wednesday 01-05-2024 13:15
7 Final Manufacturing PMI Wednesday 01-05-2024 14:45
8 ISM Manufacturing PMI Wednesday 01-05-2024 15:00
9 JOLTS Job Openings Wednesday 01-05-2024 15:00
10 ISM Manufacturing Prices Wednesday 01-05-2024 15:00
11 Construction Spending m/m Wednesday 01-05-2024 15:00
12 Wards Total Vehicle Sales Wednesday 01-05-2024 15:15
13 Crude Oil Inventories Wednesday 01-05-2024 15:30
14 Federal Funds Rate Wednesday 01-05-2024 19:00
15 FOMC Statement Wednesday 01-05-2024 19:00
16 FOMC Press Conference Wednesday 01-05-2024 19:30
17 Challenger Job Cuts y/y Thursday 02-05-2024 12:30
18 Unemployment Claims Thursday 02-05-2024 13:30
19 Prelim Nonfarm Productivity q/q Thursday 02-05-2024 13:30
20 Prelim Unit Labor Costs q/q Thursday 02-05-2024 13:30
21 Trade Balance Thursday 02-05-2024 13:30
22 Factory Orders m/m Thursday 02-05-2024 15:00
23 Natural Gas Storage Thursday 02-05-2024 15:30
24 Average Hourly Earnings m/m Friday 03-05-2024 13:30
25 Non-Farm Employment Change Friday 03-05-2024 13:30
26 Unemployment Rate Friday 03-05-2024 13:30
27 Final Services PMI Friday 03-05-2024 14:45
28 ISM Services PMI Friday 03-05-2024 15:00
29 FOMC Member Williams Speaks Saturday 04-05-2024 00:45

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