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DeepSeek AI Predicts 4 Cryptocurrencies That Could 1000x by 2026

Sat 20 Jun 2026 ▪ 3 min read ▪ by Fenelon L.

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The Ironwood hard fork of Zcash is approaching, and Keystone does not want to miss the start. The hardware wallet maker announces compatible firmware from the first day of the network switchover, after the recent fix of a flaw in the Orchard pool. ZEC holders in self-custody now have a clear roadmap. 

In brief Keystone announces support from the launch of Ironwood thanks to a dedicated firmware update. The Nexus application integrates network compatibility and TEX and T3 addresses for Zcash. The Ironwood hard fork definitively seals the Orchard pool after the urgent security patch was deployed. Why Ironwood intervenes after the Orchard patch The Orchard pool, which ensures transaction privacy on the Zcash network, had a vulnerability theoretically allowing the creation of counterfeit ZEC without immediate detection. The development team deployed an emergency patch to isolate the threat before it could be exploited, according to information published by Shielded Labs.

Ironwood comes to definitively seal this pool. The upgrade also restores users’ ability to independently verify the protocol’s issuance limits, a fundamental point for any privacy-focused crypto. This security fix also caused a spectacular rebound of ZEC by 17% in ten hours, with more than 13 million dollars of short positions liquidated.

Wallet and application providers must update their software before the network change to avoid any service interruption.

What Keystone is concretely preparing for ZEC users Keystone confirmed that its next firmware update will be compatible with Ironwood from its release. ZEC holders in self-custody will then be able to migrate their protected funds from Orchard to Ironwood via the zodl app, once it is updated. The final schedule nonetheless depends on the availability of this application.

At the same time, Keystone’s Nexus app will receive several improvements: an updated consensus branch identifier, expanded support for TEX addresses used during transfers to exchanges, and the addition of T3 addresses dedicated to multi-signature wallets.

These additions prepare for smoother use of Zcash after Ironwood, especially for users interacting with exchanges requiring transparent transfers.

In sum, Keystone offers ZEC holders structured preparation for a complex network upgrade. Compatible firmware from day one, new address options in Nexus, secure migration via zodl: the three levers are identified. It remains to monitor the zodl app schedule and the exact date of the Ironwood hard fork to adjust the custody strategy. For privacy-focused cryptos, this type of transition is rarely trivial.

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Fenelon L.

Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

Eli Ben-Sasson, cofounder of StarkWare and a founding scientist of Zcash, has shared his view on the recent debate around the Ethereum Foundation. 

Summary

Eli Ben-Sasson said Ethereum should weigh merit and technology more heavily than ecosystem alignment debates. His comments followed Foundation exits and warnings about core development funding pressure within coming months. StarkWare’s past choices on STARKs, Cairo and zkVM were once viewed as misaligned by critics. His comments came as Ethereum faces questions over leadership changes, funding pressure and the role of layer-2 teams in the wider ecosystem.

Ben-Sasson said he was not joining criticism of the foundation and was not claiming that Ethereum is near its end. He also said he was not trying to defend the foundation by saying everything was fine. “Ethereum has many strengths, and it also has its politics,” he wrote.

StarkWare history frames his point Ben-Sasson said StarkWare’s first paid project in 2019 and 2020 focused on a post-quantum secure, scalable ZK-STARK system for Ethereum. He said the work aimed to help Ethereum scale and become more ready for future quantum security risks.

My view on the Ethereum Foundation turmoil:

I'm not here to join those bashing EF, or saying this is the end of Ethereum. I’m also not here to defend it and say all is rosy. Ethereum has many strengths, and it also has its politics.
I'm here to share my point of view as a friend…

— Eli Ben-Sasson | Starknet.io (@EliBenSasson) June 21, 2026 He also pointed to StarkWare’s later choices, including STARKs, Cairo, zkVM work, native account abstraction and Bitcoin scaling. He said those choices were not always popular and were sometimes viewed as “misaligned.” Ben-Sasson said he was glad the team made them because he sees them as the right technical decisions.

Exits and funding worries add pressure His comments came during a tense period for the Ethereum Foundation. As previously reported by crypto.news, Hsiao-Wei Wang stepped down as co-executive director and board member after returning from a sabbatical. Her exit followed other staff changes and came after Tomasz Stańczak also left a co-executive director role.

The debate also includes funding concerns. Former Ethereum Foundation contributor Trent Van Epps warned that Ethereum core development could face a funding gap within three to nine months. He linked that risk to spending cuts and the end of the Client Incentive Program. Tom Lee later rejected that warning, saying there was “zero chance” of such a crisis.

Merit versus alignment becomes the issue Ben-Sasson’s main point centered on how Ethereum should judge teams and ideas. He said the ecosystem placed too much weight on whether teams appeared aligned or misaligned. He argued that technical merit should matter more than social labels or political positioning.

“As part of the ecosystem and supporter of all things crypto, I hope the new system that will arise will give a lot of weight to merit and technology, and less for alignment,” Ben-Sasson wrote. 

He added that he would want to work more closely with that system if it moved in that direction.

That framing also answers past complaints that StarkWare moved outside Ethereum’s preferred path. In his view, useful engineering can start outside consensus and still become part of the broader stack later. The post did not propose a formal governance plan for the wider ecosystem.

His comments place StarkWare’s experience inside a wider Ethereum governance debate. Layer-2 teams depend on Ethereum, but they also make independent technical choices. That can create tension when foundation priorities, roadmap work and community expectations do not move at the same pace.

Zcash miner Fortitude Mining Holdings is set to merge with medical technology company HeartSciences in a deal that will allow Fortitude to become publicly traded without pursuing a traditional initial public offering.

The all-stock transaction announced Tuesday will see Fortitude’s management team assume control of the combined company, which will operate under the Fortitude name and is expected to trade on Nasdaq under the ticker symbol TUDE, subject to regulatory approval. Existing HeartSciences shareholders will retain a minority ownership stake.

HeartSciences CEO Andrew Simpson hinted at the rationale behind the transaction, saying it would free the company from “the constant cycle of raising capital” while providing what it believes is the best path forward for shareholders.

While the combination brings together two unrelated businesses — Fortitude mines digital assets, while HeartSciences develops AI-enabled cardiac diagnostics — the deal is effectively a reverse merger that gives Fortitude access to the public markets through an existing Nasdaq-listed company. For HeartSciences, which has faced ongoing capital needs, the transaction offers shareholders continued exposure to a publicly traded business while allowing its healthcare unit to continue operating under Simpson’s leadership.

The structure is similar to other crypto companies that have reached the public markets through mergers rather than traditional IPOs. For example, Bitcoin miner Core Scientific listed via a SPAC merger in 2022, while Cipher Mining also went public through a SPAC transaction.

Shares of HeartSciences, which continue to trade on Nasdaq under the ticker HSCS pending completion of the transaction, rose as much as 91% on Tuesday, according to Google Finance data.

HeartSciences stock. Source: Google Finance

HeartSciences remained unprofitable before merger dealHeartSciences has yet to achieve meaningful commercial revenue and has reported net losses for several consecutive years. According to MarketScreener, the company generated minimal revenue in fiscal 2025 while its net loss widened to $8.77 million from $6.61 million a year earlier.

Despite its financial challenges, HeartSciences advanced its product roadmap in fiscal 2025, launching its MyoVista Insights software platform, which is designed to modernize existing ECG management systems.

As a privately held company, Fortitude has disclosed little about its finances. However, it said it had scaled its annualized production to 157,000 Zcash (ZEC) as of May 31. ZEC was last trading at about $413 apiece, CoinMarketCap data showed at time of publication. That gave the token a market cap of $6.92 billion.

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

THE BLOCK: Barry Silbert's Zcash miner proposes merger, sends Nasdaq stock soaring despite rough month for ZEC

Zcash miner Fortitude Mining Holdings has secured a path to the public markets through an all-stock merger with HeartSciences, a transaction that will place the crypto mining company on the Nasdaq without a traditional IPO.

Summary

Fortitude will go public through an all-stock merger with Nasdaq-listed HeartSciences. HeartSciences shares surged as much as 91% after the transaction was announced. The deal comes as renewed attention on Zcash boosts interest in privacy-focused crypto firms. According to a joint announcement released Tuesday, Fortitude and HeartSciences have agreed to combine in a deal that will leave Fortitude’s management team in control of the merged company. The business is expected to operate under the Fortitude name and trade on Nasdaq under the ticker symbol TUDE, subject to regulatory approvals.

Under the terms of the transaction, existing HeartSciences shareholders will retain a minority ownership stake. HeartSciences, which develops AI-powered cardiac diagnostic technologies, will continue operating under the leadership of chief executive Andrew Simpson.

Explaining the decision, Simpson said the merger would help remove what he described as the “constant cycle of raising capital” while offering what the company believes is the most favorable outcome for shareholders.

Although the two companies operate in unrelated industries, the structure effectively gives Fortitude access to public equity markets through an already listed Nasdaq company.

For HeartSciences, the agreement provides continued exposure to a publicly traded entity while allowing its healthcare operations to remain active.

Fortitude gains public listing without an IPO Rather than pursuing a conventional stock market debut, Fortitude is following a route that several crypto firms have previously used to reach public investors. According to the companies, the transaction is structured as a merger that will result in Fortitude taking over the public listing.

Similar approaches have been used elsewhere in the sector. Bitcoin mining company Core Scientific entered public markets through a SPAC merger in 2022, while Cipher Mining also became publicly traded through a merger-based structure instead of a traditional IPO.

Investor reaction was immediate. According to data from Yahoo Finance, shares of HeartSciences, which continue to trade under the ticker HSCS until the transaction closes, climbed as much as 91% during Tuesday’s session.

Source: Yahoo Finance The announcement arrives at a time when interest in Zcash and privacy-focused cryptocurrencies has increased. Recent discussions surrounding the European Union’s planned anti-money laundering framework and proposed €10,000 (about $11,500) cash payment cap have drawn renewed attention to privacy-preserving digital assets.

Earlier this month, according to public comments shared on social media, Helius chief executive Mert Mumtaz described Zcash as one of the strongest privacy-focused crypto networks. His remarks came as market participants debated how future compliance requirements could affect cryptocurrency users across Europe.

HeartSciences remains loss-making as Zcash output grows Financially, the two companies enter the merger from very different positions.

According to MarketScreener data, HeartSciences remained unprofitable in fiscal 2025, reporting a net loss of $8.77 million compared with a loss of $6.61 million a year earlier. The company generated limited revenue during the period but continued developing its healthcare products.

During fiscal 2025, HeartSciences launched its MyoVista Insights software platform, which the company said is designed to modernize existing ECG management systems.

Fortitude, meanwhile, has disclosed little financial information because it remains privately held. Even so, the company reported that its annualized production reached 157,000 Zcash as of May 31.

According to data from crypto.news, Zcash (ZEC) was trading near $417 per token, with a market capitalization of approximately $6.99 billion at the time of writing.

DCG-Backed Miner Takes the Reverse Merger RouteFortitude Mining Holdings, the Zcash mining platform wholly owned by Digital Currency Group (DCG), has agreed to merge with Nasdaq-listed HeartSciences (HSCS) in an all-stock transaction. The combined company is expected to trade on Nasdaq under the ticker symbol "TUDE" and the deal is targeted to close in the second half of 2026.

The merger is structured as an all-stock deal, giving Fortitude a Nasdaq listing without a traditional initial public offering. Fortitude's management team will take control of the combined company, while existing HeartSciences shareholders will retain a minority ownership stake after the merger closes. DCG will hold approximately 95% ownership post-merger.

Upon completion, Fortitude believes it will be the first publicly traded venture mining platform with a track record of identifying high-conviction, early-stage proof-of-work opportunities. HeartSciences CEO Andrew Simpson will continue to lead the healthcare business unit, while Fortitude CEO Andrea Childs will head the combined company's leadership team.

A Zcash Operation Built Over Six YearsFortitude began mining ZEC, the native token of the Zcash network, in 2019 and has scaled its annualised production to 157,000 ZEC, approximately 366 ZEC per day, as of May 31, 2026. The company operates six sites with 48 megawatts of owned power capacity and plans to grow that to 80 megawatts by the end of 2026. Fortitude reported $90 million in gross revenue in fiscal 2025 on a debt-free balance sheet.

Launched in 2016 from Bitcoin's codebase, Zcash shares Bitcoin's defining attributes, including a fixed 21 million coin supply, while adding robust privacy technology. Zcash delivered a trailing twelve-month return of approximately 1,000% as of June 15, 2026.

The public listing is intended to give Fortitude access to capital markets to expand its proof-of-work mining platform, according to CEO Andrea Childs. The listing offers investors a public equity opportunity tied to ZEC price, mining difficulty, and production costs, with Fortitude leveraging its vertically integrated mining platform and long-term power contracts to maintain competitive costs.

Sources:
Fortitude and HeartSciences announce business combination (BusinessWire)
HeartSciences Form 8-K filing, Exhibit 99.1 (SEC.gov)
Fortitude and HeartSciences announce merger to form public Zcash mining platform (RTTNews)

Fortitude Mining, a Zcash-linked miner, is set to go public through a merger with HeartSciences. Once the transaction closes, the combined company is expected to trade on Nasdaq under the ticker TUDE.

The move gives public-market investors another avenue to gain exposure to cryptocurrency mining. It also places a company tied to the Zcash [ZEC] ecosystem on a major U.S. exchange.

Public listings often increase visibility for the industries and assets they support.

In this case, Fortitude’s Nasdaq debut could draw additional attention to Zcash and its mining ecosystem. The transaction also highlighted how companies connected to privacy-focused cryptocurrencies continue accessing traditional capital markets.

However, corporate developments do not always translate into immediate token demand. That distinction appeared clear in ZEC’s market reaction.

How did traders respond? Despite the announcement, derivatives activity remained subdued. Open Interest fell 3% over the last 24 hours to $550 million, suggesting traders did not increase exposure following the news.

Source: Coinalyze That move contrasted with the stronger participation often seen after major ecosystem developments.

On top of that, long liquidations reached approximately $1.9 million during the same period. Long liquidations occur when leveraged bullish positions are forcibly closed during price declines. The event suggested the market recently moved against optimistic traders.

As a result, speculative positioning may have cooled following previous rallies.

Source: Coinalyze What comes next for ZEC? For now, traders appear more focused on market conditions than corporate milestones.

The Fortitude listing remains a notable development for the broader Zcash ecosystem. Even so, ZEC’s next move may depend on whether buyers return after the recent liquidation wave.

If sentiment improves, the Nasdaq listing could strengthen the broader bullish narrative. If not, investors may continue viewing the announcement as an ecosystem milestone rather than a direct catalyst for ZEC.

That difference may ultimately determine how much influence the listing has on future price action.

Final Summary Fortitude Mining plans to list on Nasdaq through a merger with HeartSciences. ZEC may need renewed buying demand before the listing narrative affects price action.

In brief Bitcoin SV investors are appealing to have their "forgone growth effect" claim reinstated against Binance, arguing they lost over $13 billion when BSV was delisted in 2019. The Competition Appeal Tribunal previously rejected this specific claim, ruling that most investors could have mitigated losses by trading BSV for other cryptocurrencies. The case is part of a larger class action against multiple exchanges that delisted BSV, complicated by allegations that BSV creator Craig Wright falsely claimed to be Bitcoin's inventor. Bitcoin SV (BSV) investors have asked the UK Court of Appeal to readmit their claim that Binance’s delisting of BSV in April 2019 caused them to lose out on significant growth in the value of their holdings.

In July 2024, the Competition Appeal Tribunal struck out a particular element of the group’s complaint, which argued that the Binance delisting resulted in a “forgone growth effect,” preventing BSV from developing into a “top tier” cryptocurrency.

It’s this particular claim that would allow for the highest possible financial penalty against Binance (above $13 billion), based on the assumption that BSV would have grown to what Bitcoin’s value was in July 2022, when the group originally filed their complaint.

And at the Court of Appeal on Thursday, the group’s legal representatives argued that the “loss of chance” claim should be heard when the case goes to trial, because the delisting has caused a “permanent ongoing loss of value.”

"Because of the delisting, there has been damage which continues to this day," said John Wardell KC. "If it hadn't been for the delisting, BSV would be a first-tier currency like Bitcoin."

In arriving at a pre-trial judgment in July 2024, the Competition Appeal Tribunal refused Binance’s request to throw out the case completely.

However, it sided with the exchange in agreeing that the “market mitigation rule” applied to the delisting, meaning that the vast majority of Bitcoin SV holders would have been aware of BSV’s removal and would have had the opportunity to trade into alternatives.

The tribunal’s judges concluded at the time, “The evidence currently before us as to the extent to which any BSV holders could reasonably have remained sufficiently unaware so as to exclude the market mitigation rule is [...] scant and high-level.”

Yet lawyers for the BSV investors argued this week the market mitigation rule does not apply in this case, allegedly because the investors weren’t able to avoid loss by trading into alternative cryptocurrencies.

“There is no duty to mitigate if your damaged asset cannot generate sufficient funds," said Wardell. "It is well established that defendants will not be prejudiced by financial inability to mitigate."

Lawyers representing Binance argued against this line of reasoning, with Brian Kennelly KC of Blackstone Chambers urging the Court of Appeal not to reverse the 2024 decision on the so-called foregone growth effect.

“BSV could have been exchanged for Bitcoin or other cryptocurrencies," he said. "BSV is and was, at all relevant times, a readily marketable asset.”

The case against Binance is part of a class action also involving Kraken, ShapeShift and Bittylicious, which all delisted BSV between April and June 2019.

The claims were submitted by BSV Claims Limited, a special purpose vehicle for which Lord Currie of Marylebone—who was the chair of UK telecoms regulator Ofcom and the Competition and Markets Authority—sits as the sole director.

The case was brought on behalf of all UK-based Bitcoin SV holders between April 2019 and July 2022, estimated to be in the region of 243,000 investors.

It represents the UK’s first collective case related to cryptocurrencies and competition, with the complainant alleging that the four exchanges conspired to delist BSV.

Speaking to Decrypt, Ashley Fairbrother—a partner at legal firm Edmonds Marshall McMahon—acknowledges that the case is “very novel” and has “an equally extraordinary” backstory.

“Last year, in an unprecedented case, the English High Court found that Dr Craig Wright was not Satoshi and that he had orchestrated a fraud not only on many people and companies, but also on the Courts of England and Wales, Norway, and the USA,” he said.

According to Fairbrother, Wright used his false claims to influence investment in BSV, which enabled him to profit from his lies.

“If the BSV coin was created by a fraudster with a view to realizing the fruits of a fraud, it is easy to understand why the community took the steps that it did to delist BSV, to deter the damaging impact on the continued development of Bitcoin,” Fairbrother adds.

Fairbrother also noted that recent years have brought a few examples of investors attempting to bring claims against exchanges, although these claims have usually been “fundamentally flawed,” as witnessed in Piroozzadeh v Persons Unknown (2023).

“While legal action against exchanges is theoretically possible, much like claims against traditional banks, significant legal and practical hurdles would need to be overcome,” Fairbrother explained. “Many leading exchanges are increasingly adopting more robust compliance and regulatory frameworks, which are likely to make successful claims even more difficult in the future than they already are.”

Such factors lead Fairbrother to be uncertain as to whether BSV Claims Limited will be successful against Binance and the other exchanges, admitting that the question is a “very difficult” one to answer.

“The BSV investors are well-resourced and well-funded,” he added, “however the natural consequence of them winning will be that the court has aided Craig Wright to some extent to realize some value from his fraudulent claims.”

Edited by Andrew Hayward

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Bitcoin SV Investors Push Legal Comeback Against Binance

Bitcoin SV News: Investors Push to Reinstate ‘Loss of Chance’ Lawsuit Targeting Binance

UK court partially dismisses Bitcoin SV investor’s lawsuit against Binance

‘No Right to Crypto Profits for Investors’: Binance Beats $11.9B BSV Lawsuit in UK

Even though Bitcoin remained constrained due to geopolitical concerns, cheaper alternatives to the apex cryptocurrency enticed investors Sunday night.

What happened: Bitcoin Cash rallied over 5% to become the market’s third-biggest gainer over the last 24 hours. Trading volume for the cryptocurrency surged 71% to $510 million, indicating substantial interest from traders and increased liquidity.

Similarly, Bitcoin SV rose 1.39%, with volume increasing 5.34% to $47 million in the last 24 hours.

These gains contrasted with Bitcoin's stagnation. The world's leading cryptocurrency was little changed in the last 24 hours as investors reined in their risk appetite owing to the Iran-Israel conflict.

Why It Matters: It’s worth mentioning that BSV arose from a hard fork of the Bitcoin Cash blockchain in 2018, which had split from the original Bitcoin network a year ago due to community disagreements over Bitcoin scaling.

Bitcoin traded at nearly $106,000 as of this writing. The high price could make holding one full Bitcoin a little challenging, especially for retail investors, although they can always obtain exposure by making fractional purchases.

In comparison, BCH and BSV have much smaller market capitalizations—$9.1 billion and $623 million, respectively—and lower per-unit prices, positioning them as potentially cheaper alternatives to the $2 trillion asset.

Read Next: 

Trump Family-Backed Bitcoin Mining Firm Mines $23 Million Worth Of BTC, Signals More Accumulation In The Future Image Via Shutterstock

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In brief Bitcoin Cash surged 15% this week to breach $500, marking its strongest performance of 2025 as social sentiment reaches yearly highs. Bitcoin SV also rose this week, suggesting that prominent BTC forks are gaining steam as Bitcoin remains flat or slightly down. Bitcoin is down slightly around $103,000 as the Fed maintains rates at 4.25-4.5%, while escalating Middle East tensions push oil towards $80. Here's something you don't see every day: Bitcoin's lesser-known cousins are stealing the show while the king of crypto takes a nap.

Bitcoin Cash has gone absolutely ballistic, rocketing 98% since its low point in April and trying to break the $500 resistance mark for good. Meanwhile, Bitcoin SV—yes, that controversial fork led by Satoshi pretender Craig Wright—is quietly climbing.

This rotation reflects broader market dynamics, with the S&P 500 on Friday hitting 6,000 points for the first time since February, while the tech-heavy Nasdaq approaches its own record near 20,000 as short-term traders appear to have priced in the panic over the current geopolitical events.

The Federal Reserve's decision to keep interest rates steady at 4.25%-4.5% on Wednesday has created a wait-and-see environment, with policymakers noting that "uncertainty about the economic outlook has diminished, but remains elevated."

Meanwhile, oil prices climbed over 4% on Tuesday as the Iran-Israel conflict raged, with Brent crude settling at $76.45—a development that traditionally correlates with crypto volatility, but has yet to significantly impact digital asset prices in the days since.

Bitcoin (BTC) in consolidation zoneBitcoin is putting investors to sleep with a 2% to $103,154 over the last week. The flagship cryptocurrency has entered a critical consolidation phase after failing to reclaim the $108,000-$109,000 resistance zone.

For traders watching the tape, this sideways grind often comes before the fireworks—for good or bad.

The weekly chart reveals a market in equilibrium, with several key indicators painting a nuanced picture:

RSI (Relative Strength Index): At 62 on the weekly time frame, Bitcoin shows mild bullish momentum without approaching overbought territory. The RSI measures the speed and magnitude of price changes: readings above 70 typically indicate overbought conditions where traders might expect a pullback, while below 30 suggests oversold levels that could precede a bounce. Bitcoin's current reading indicates healthy bullish momentum that could support further upside.

ADX (Average Directional Index): Reading 26, the ADX has just crossed the crucial 25 threshold, suggesting a trend is beginning to form in longer time frames. This indicator measures trend strength regardless of direction: below 20 indicates no trend, 20-25 shows a developing trend, and above 25 confirms trend establishment. For momentum traders, this crossing above 25 could signal the start of a more decisive move.

Exponential Moving Averages (EMAs): Bitcoin currently trades above its 50-week EMA (the average price of the last 50 weeks—basically one year), but faces resistance from the convergence of multiple time frames. The 50-200 EMA spread remains positive, which technical analysts often interpret as a bullish market structure. When shorter-term averages stay above longer-term ones, it typically indicates sustained buying pressure.

Squeeze Momentum Indicator: The "off" status on the weekly chart suggests volatility has already been released, contradicting the daily chart's compression. This divergence between time frames often precedes significant moves as different trader cohorts position themselves.

Key Levels:

Immediate support: $102,000 (recent institutional accumulation zone) Strong support: $100,000 (psychological level and options strike concentration) Immediate resistance: $107,000 (recent rejection point and sell wall) Strong resistance: $110,000 (approach to all-time high territory) Bitcoin Cash (BCH) gains momentumBitcoin Cash is the week's star performer with a commanding 14.57% surge to $483, briefly breaking past the psychologically significant $500 level—but it’s been unable to maintain momentum. BCH social media mentions surged as the price began to recover, pushing it to a new peak for 2025.

The weekly chart presents a compelling bullish case with room for continuation, with some cautions needed, of course:

RSI at 63: This reading places BCH in what traders often call the "power zone" —strong enough to indicate genuine momentum, but not yet extended enough to trigger profit-taking. Historical analysis shows BCH tends to run until RSI reaches 75-80, suggesting approximately 20% additional upside potential before overbought conditions emerge. That would match the resistance of the current triangle that has been in place since April.

ADX at 18: While below the 25 trend confirmation level, this reading shows that markets are fighting to push prices forward. However, this might not be a bad signal, and interpretation will vary as the indicator is analyzed alongside other readings. Low ADX readings after a strong move often indicate consolidation before the next leg higher. Traders might interpret this as the market digesting gains before attempting the next resistance level.

Moving Average Configuration: BCH trades decisively above both its 50-week and 200-week EMAs, with increasing separation between them. This expanding gap, known as moving average divergence, typically indicates strong trending conditions. The 50-week EMA near $385 now serves as dynamic support, while the 200-week mark at $352 provides a floor for any deeper corrections.

Key Levels:

Immediate support: $460 (old resistance often becomes support) Strong support: $388 (50-week EMA zone) Immediate resistance: $500 (psychological barrier tested this week) Strong resistance: $540 (technical target from measured move) Bitcoin SV (BSV) bounces, but bears show strengthBSV's 6% weekly gain to $31.47 since last Friday's low might look like small potatoes next to BCH's moonshot, but context is everything. The controversial fork is now trading 30% above its June lows despite persistent skepticism, finishing the week as the seventh-best performing cryptocurrency among the top 100. However, today's correction is giving signs of a flat performance if the week's shadows are not considered.

BSV's chart is like reading tea leaves, but here's what technical traders are seeing.

The RSI at 43 is slightly bearish but not terrible. Think of it as a car running on fumes, but not quite empty. Some contrarian traders love buying when RSI is this low, as they're betting on a bounce. History shows BSV often bottoms between 35-40, so we're in the danger zone where brave souls start nibbling.

Also, the ADX at 19 is yet another weak trend reading that creates a coiled spring scenario. When ADX readings remain below 20 for extended periods, the eventual breakout (in either direction) tends to be violent. Range traders might play the boundaries, while trend followers await confirmation above 25.

As for the price averages, BSV keeps failing to break past the 50-day average around $34.87, showing that bears are still pretty much in control of prices in longer time trends.

Key Levels:

Immediate support: $30 (psychological level and recent consolidation low) Strong support: $24-$27 (resistances tested during April) Immediate resistance: $34.87 (technical confluence and trend decider) Strong resistance: $40.00 (major psychological level and 2025 high) Edited by Andrew Hayward

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BSV Financier Behind Wirecard? New Probe Revives $2.2 Billion Mystery Around Calvin Ayre

In brief The UK Supreme Court refused a $13 billion appeal on behalf of Bitcoin Satoshi Vision (BSV) investors. The appeal alleged that BSV holders were harmed by exchanges delisting the token, impacting its price immediately and its potential growth. BSV has fallen more than 96% from its all-time high in 2021. An appeal from Bitcoin ​​Satoshi Vision (BSV) investors in a case seeking more than $13 billion in damages from prominent crypto exchanges was rejected by the UK Supreme Court last week. 

The appeal stems from losses that mounted in the BSV token following its delisting by major crypto exchanges like Binance and Kraken in 2019. The latest proceedings and permission to appeal fell to three court justices who ultimately refused the appeal, as spotted by Protos.

“The application does not raise an arguable point of law or a point of law of general public importance,” justices Lord Hodge, Lord Sales, and Lady Rose concluded. 

The appellants—BSV Claims Limited—alleged that token holders suffered from “immediate and persistent effect” and “the forgone growth effect,” which pertain to the coin’s immediate fall in value following the delisting and the stunted potential growth as a result of the delisting.

BSV was launched in 2018 in an attempt to “restore” the original vision of pseudonymous Bitcoin creator Satoshi Nakamoto. It was created as a hard fork of Bitcoin Cash—which is also a fork of Bitcoin. Neither coin is worth anywhere near as much as Bitcoin (BTC).

In July 2024, the UK’s Competition Appeal Tribunal struck out the appellants’ claim on the “forgone growth effect,” dismissing an assumption that BSV would have ultimately grown to match the same value as Bitcoin itself.

In May, the appellants attempted to revive the claim, but it was dismissed once more, affirming the 2024 ruling under the “market mitigation rule,” which requires claimants to take reasonable steps to reduce their losses when functioning markets are available. 

In other words, BSV investors should have attempted to mitigate their losses when it became apparent the token was being delisted by exchanges. 

BSV has plummeted more than 96% from its 2021 all-time high of $489.75, recently changing hands at $18.37. Last year, it fell sharply amid news that a UK court ruled that Craig Wright, the creator of BSV, was not in fact the pseudonymous Bitcoin creator Satoshi Nakamoto, as he had claimed. 

Coinbase fully disabled support for BSV in 2021 after the network suffered a “51% attack” and became unstable.

While BSV has seen a downward price trajectory over the last few years, Bitcoin has continued to rise and set new peak prices in the time since, most recently setting a new high above $126,000 in October. Bitcoin was recently trading for $85,873, down 32% from that peak.

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Bitcoin SV [BSV] has surged more than 20% in the past 24 hours, at press time, as trading volume exploded by over 300%, pushing daily turnover above $57.5 million. The sharp increase in activity shows a sudden wave of liquidity entering Bitcoin SV markets.

BSV’s price traded near $16.17 after rebounding strongly from the $13 region earlier in the week. Market capitalization has also expanded toward $322 million as traders react to the rapid shift in price structure. 

However, the speed of the rally now raises an important question. Can Bitcoin SV sustain this surge and extend the recovery phase? Or will the sudden spike reflect a short-term reaction to rising trading activity across the BSV market?

Double-bottom rebound challenges major resistance After forming a distinct double-bottom close to the $13 demand zone, the daily chart now displays Bitcoin SV constructing a recovery structure. This level was defended twice by buyers, providing a solid foundation for the current recovery.

Price has since climbed toward the $17.53 resistance level. This area previously acted as structural support before the earlier breakdown. As a result, the level now stands as the first major barrier for the recovery attempt. 

If Bitcoin SV clears this resistance, the next supply region appears near $20.34. That level marked a previous rejection point where selling pressure intensified.

However, sustained buying pressure around the current range could strengthen the rebound structure and allow BSV to extend its upward recovery.

Source: TradingView Technical indicators show improving conditions across the Bitcoin SV chart. At the time of writing, the Parabolic SAR dots have flipped beneath the price candles, which indicates that bullish pressure has started strengthening. 

At the same time, the MACD histogram has turned positive while the MACD line moves closer to the signal line. 

This shift suggests that the previous bearish pressure has weakened after the extended decline. However, the indicator remains near the neutral region, which means the recovery remains in an early stage. 

Even so, the alignment between the Parabolic SAR trend signal and the MACD recovery proposes that Bitcoin SV has begun transitioning toward a more constructive structure across the BSV market.

BSV derivatives activity rises sharply Derivatives markets have also shown a clear increase in participation during the rally. At the time of writing, Open interest (OI) for BSV has climbed roughly 23%, reaching about $42.86 million as traders expand exposure across futures markets. 

This increase implies the entry of new leveraged positions into the market rather than the closure of existing trades. Rising prices and OI often indicate increased trader activity.

In this instance, the rise came after a steep recovery from the demand zone of $13. Higher exposure to derivatives, however, may result in volatility if positions are unwound too soon.

Even so, the expanding OI suggests that traders have increased speculative participation as Bitcoin SV attracts renewed attention.

Source: CoinGlass Top traders lean slightly bullish on BSV Positioning data on Binance top traders now shows a modest bullish tilt toward Bitcoin SV. 

Long accounts represent around 52.23% of positions, while short accounts account for roughly 47.77%. This distribution produced a Long/Short Ratio near 1.09 as of writing. 

Although the difference remains relatively small, the ratio still reflects a slight preference toward long exposure. Importantly, this metric tracks positioning among experienced traders rather than general retail participants. 

As a result, the shift suggests that professional market participants have begun leaning toward the upside following the recent rally.  This positioning aligns with the improving price structure that has started forming across the BSV market.

Source: CoinGlass To sum up, Bitcoin SV currently shows early signs of recovery after defending the $13 demand zone and forming a double-bottom structure. 

Rising volume, improving indicators, and expanding derivatives participation all reflect renewed market interest. However, Bitcoin SV must break above the $17.53 resistance to strengthen the recovery structure. 

A successful breakout could open the path toward the $20 region. Failure near resistance would instead keep BSV within a consolidation phase as traders reassess the strength of the rebound.

Final Summary  Strong buying pressure around the $13 zone suggests Bitcoin SV may attempt a broader structural recovery phase. Sustained strength above nearby resistance would reinforce bullish conviction across BSV markets and encourage further trader participation.

Crypto Dividends: Staking Coins for Gains Potentially a Good Strategy in a Bear Market but Is Not Without Risk

In March, NewsBTC sat down with Max Kordek, the founder of Lisk, to pick his brain about his project, the broader crypto and blockchain industry, and the future of Bitcoin.

Related Reading: HTC Exec: Facebook Coin is like the Intranet, Bitcoin is like the Internet The Latest On Lisk NewsBTC: Thanks for sitting down with us. For those who don’t know Lisk, can you give us a 30 second to a one-minute explanation of your project in general?

Max Kordek: Lisk is a blockchain application platform with its own crypto asset, LSK. We aim to enable devs and entrepreneurs to create their own blockchain, which is fully independent and customizable to a large degree. The second step will be interoperability, so that these independent blockchains become sidechains, which then interact with the mainchain and each other, becoming an independent part of the bigger internal ecosystem of Lisk. Our tools are based on JavaScript which taps into a fast evolving programming language, rich developer base, and open source culture. We’ve also recently diversified a section of our code to TypeScript, which will support larger application building.

NewsBTC: Cool. So why did Lisk decide to go with DPoS instead of PoW? Were there centralization risks?

Max: My journey in blockchain first began with the purchase of a Litecoin miner in 2012. Back then, I was living in this very small student apartment in Germany, which was only about 20 square meters. The small space made the miner run super hot, and after two months I had enough. Through this experience, I’ve started to develop a dislike against the kind of inefficiency and this waste of electricity that Proof of Work systems create. I then began to look into alternatives to mining. I stumbled across NXT, then Peercoin, the first viable Proof of Stake coin in existence, which I fell in love with. It was amazing to have a server, which cost $10 to $20 a month to maintain and run the network from. I got really active in that community. Eventually, Peercoin fell apart, mainly because they failed to establish an organization to actually push the technology forward.

After Peercoin, I found Crypti, which provided that central business pushing the protocol forward. It was also the first organization where I discovered the Delegated Proof of Stake (DPoS). However, Crypti also had its own issues with a very small team and even lower levels of funding. I decided to create something new with my partner Oliver Beddows. From the get-go, we knew it shouldn’t have anything to do with PoW. That’s how Lisk and Lightcurve came about. There are many benefits of our form of DPoS, but one of the main ones is that it is beneficial to what we specifically are building. If you want to create a blockchain platform where people can just spin up their own chains, DPoS is much easier to kickstart and safer to maintain than normal PoS. If you rely only on pure PoS, it may not be very secure, so it’s better to have delegates you can trust.

Max Kordek Delegates on the Lisk network know the codebase and the network through and through. Many of them build open source solutions and products, spot bugs on our Testnet, or migrate to critical releases in an extremely timely manner! It depends on what use case you want to implement, but having a secure network is what most of our stakeholders can agree on. As to centralization risks, there is a degree of fluidity to our network with some individuals entering and falling out of the delegated 101. We’ve also recently opened up the Lisk Improvement Proposals where both Lightcurve and community authors can submit their own proposals for how to make our consensus algorithm even better.

NewsBTC: With DPoS, EOS enlists 21 delegates and Ark, 51 delegates. So how did you come with the 101 delegate number?

Max: Dan Larimer runs EOS. Before EOS he ran Steemit and Bitshares, which utilized 101 delegates. We took the same number, which both he and Charles Hoskinson used back in the day, because it is a good balance between centralization and decentralization. 21 delegates are too few. Sure, the network is high-performance, but 21 entities controlling the network could be dangerous. 500 or 1,000, on the other hand, is too much, as such a number of delegates would cause too many inefficiencies in the network. So to put it simply, for us 101 delegates sits right in the sweet spot of the number of nodes necessary to move our blockchain forward, while the odd number gets rid of the ties by ensuring there’s always a majority on the network.

NewsBTC: What’s your vision for Lisk Academy? Do you guys want to spark adoption through education?

Max: Even after the bull market of 2017, only a few people on the street know what Bitcoin is, let alone the underlying technology of blockchain. We need to educate those who have the power to interact with blockchain, whether its building or investing. Right now, it’s not even about Lisk, but just blockchain as a technology. The next step is accessibility, meaning that we should ramp down the complexity of the blockchain ecosystem to aid the user experience. Once you educate people and they have access to the ecosystem, then you onboard them onto projects like Lisk and our SDK.

This is why we don’t attend as many conferences as Token2049 anymore. It sounds a bit bad, but we don’t want to constantly be in this kind of a crypto bubble. We need people from outside of the industry to enter. But they won’t enter without education. We just need to have a go-to place for people to learn about blockchain and Lisk. We also provide educational marketing content and documentation for developers wanting to take the next step and experiment with our technology.

Kordek’s Thoughts On The Crypto Industry NewsBTC: So do you think that education is the one thing holding back crypto adoption right now?

Max: I think many things are holding it back currently. One is definitely education. If we just don’t know or understand what it is, we won’t adopt it. Right now we need builders, who harness this technology to come up with viable use cases. And they, of course, need to know how this technology works. My mother doesn’t need to know about blockchain. But my developer colleagues who actually have the power to build need to know the ins and outs of not only blockchain technology, but also blockchain building and everything else needed to get them coding.  Another problem is use cases. People still ask, ‘what can we really achieve with this technology?’ People have no clue yet. Building on Ethereum is tough right now, but it’s the best experience in the industry by far. It isn’t optimal, so we need much better tooling and use case inspiration for developers. That, in my opinion, is why adoption has been pretty much slow.

NewsBTC: What is your end vision for this ecosystem? Do you see a world where everything is based on these technologies?

Max: I don’t think that everything will be based on blockchain. Yesterday I was on a panel discussion covering a very interesting topic — Web 3.0. It was said that blockchain is one technological level above texting (Web 3.0 v.s. 2.0). The Internet as a whole still has Web 1.0 applications, including simple internet pages and so on. Those don’t go away. And why should they? We have Web 2.0 pages, like Facebook, Twitter, etc. They will not disappear because of blockchain. So not everything will be run on blockchain, but there are quite a few processes that can be optimized with this technology. I’m a strong advocate for sure, but I just don’t see it as the golden technology that will disrupt absolutely everything. Right now, we don’t even have one use case that has reached 100,000 daily active users. Facebook, on the other hand, has one billion active users. So in the end, I see a world where blockchain really helps people in very specific industries and solutions.

NewsBTC: So you’re saying that I guess there have been there’s been very little adoption right now, but what’s one application for one use case that you think has a lot of potential?

Max: Right now, we’re still heavy in the R&D regarding which use case will be most suitable for our technology. One industry we want to start off with is definitely gaming. That’s an obvious use case right there, given opportunities for tokenization and so forth. Governmental work like notarization or traveling documentation is a pain right now that could easily be improved by blockchain. These processes can be optimized with a digital identity system that automatically checks you and is stored on the blockchain for secure and cross-border access. There are many use cases out there. In the end, we are creating technology that is customizable and scalable enough to allow many of these to be explored.

NewsBTC: How has this bear market been compared to ones seen previously?

Max: The previous ones were much worse. Bitcoin went from like $1,000 to $150, and people were saying that you should pack your bags and say your goodbyes. At that time, there was no development happening. There weren’t these global conference chains with thousands of attendees. It was really dark on Reddit. And now, we’re potentially just coming out of another crypto winter, but there are 20 to 30 meetups happening in Hong Kong this week, even more across the world. If you go on our GitHub, subscribe to Crypto Twitter, or check out big crypto publications, you can see there’s a wide range of activity going on amongst the projects that survived this crash.

There’s so much that is happening. There’s seriously much more development than any other point in blockchain’s history. So for me, the ones before were much worse economics-wise, activity-wise, and sentiment-wise. The thing is, we are patient because we see a big future ahead of this technology. This is just part of normal market cycles. The companies are getting more serious, and the first iterations of products are beginning to pop up. For example, we’re about to release our Alpha SDK, the first version of our blockchain-building toolkit that will allow developers to create proof-of-concept applications aligned with our codebase.

NewsBTC: Do you think that the crypto market is oversaturated at the moment?

Max: Well, I made my own altcoin, so it’s very hard to comment on that one. What I think is that the market overall regulates itself, especially when it feels oversaturated. You see crypto assets that are dropping lower and lower on CMC, as they have no activity, no trading volume, and that’s totally fine by me. That’s a sign that it’s oversaturated. And I assume that is why projects are dying as the market stabilizes and matures. There’s still potential for thousands and thousands more crypto assets and projects around them. I just want to see projects with an actual use case and a true focus on development. In our case, Lisk will be used for registering a sidechain. In Ethereum’s case, it can be used for smart contract execution. But why do all these other apps need a token? Status, for example, a messenger project, doesn’t really need a token. I have not looked into it in-depth, but that raises a question mark. So yeah, I think it’s saturated, but it’s regulating itself in time and legitimate technology with a good business backing stays afloat.

NewsBTC: How has the Lisk team been doing in this market cycle?

Max: Lisk is always progressing at a sustainable pace. The technology is going forward as I mentioned before with the upcoming release of our Alpha SDK. Things on the business side are playing support to the constant development – we were lucky enough to have a professionalized financial team to help us diversify our holdings. This gave us a healthy balance of fiat and crypto, which resulted in extra stability throughout this bear market. We’re also continuing to grow our business and fostering a global developer community. Our community members actually started physical developer spaces across the globe, including the Netherlands, Japan, and China. There’s a lot of activity happening on GitHub and real life!

The Future Of Bitcoin  NewsBTC: How do you expect for the crypto market to play out over 2019?

Max: I really have no idea. It could go up or down. But right now, it seems to be stabilizing very slowly. Eventually, though, there could be another, let’s call it, wick lower. I assume personally that it will continue to go up towards the end of next year. In 1.5 years is the Bitcoin halving, so the market could go up because of that. But I don’t care really. It’s not only about the money.

NewsBTC: What do you see Bitcoin as? Is it an SoV, MoE, or anything else?

Max: I think of it mainly as a store of value with complete independence of any other market. That means you can just fill up your portfolio with 1% to 2% with it, and it can act as a secure investment next to gold. I also tend to see it as a means of exchange, I bought some stuff online with BTC recently. Yesterday, I went to the Lotus Bar in Hong Kong, which accepts Bitcoin. It’s a nice thing, but I’m not going to go there every time just to use BTC. So in end, it’s more of a store of value. It’s important to add that I also see it as a stepping stone for blockchain technology overall. It may not be the most scalable, but it’s inspiring. It may not be a world currency, but it should become a means of exchange in one way or another.

NewsBTC: What do you think of the whole JP Morgan Coin or FBCoin? Do you like what they bring to the table?

Max: I know many many people who hate Mark Zuckerberg in the industry, but it’s important to remember Facebook is a tech company at the end of the day. When your company grows as large as Facebook did, it’s hard to stay true to your original ethos. Many things can go wrong. And maybe Facebook had many things go wrong this year, but it isn’t the fault of Mark Zuckerberg alone. I still think Zuckerberg has the best things in mind. I see FBCoin as an interesting concept. I’m not too sure how scalable it will be, as WhatsApp or Facebook itself has billions of users. But why not? I think it will be pretty cool, no matter if it’s decentralized, centralized, etc. As long as it uses blockchain technology, that is exactly what we want and need. JP Morgan Coin, on the other hand, is something I hate. First, they say Bitcoin is a scam, then they were revealed to have participated in the Bitcoin market, and then they suddenly come up with their own coin. At the end of the day, JP Morgan isn’t a technology company, so they shouldn’t do that. This project is just for their monetary gain. They should stick with the old economy and do their crap there. They don’t really belong here.

NewsBTC: It’s my final question. Can crypto succeed without institutional involvement, like investments from those on Wall Street?

Max: Yeah definitely. I think people are more powerful than institutions. With blockchain and Bitcoin, we’re going towards true peer-to-peer transactions and exchanges. On a global scale, this will be much more powerful than any institution in the world. Still, financial institutions are great leverage, as they can give people the power to make this whole movement. We can utilize those institutions, but we don’t need them in the end.

Featured Image from Shutterstock

Peter Brandt: 99% of Altcoins Will Be Forgotten in Five Years

The month of November comes packed with a long list of exciting and star-studded Bitcoin and Blockchain conferences happening all over the globe. The choice is really hard, and this selection of Top-5 happenings provided by CryptoEvents should come in handy.

BitBrum – November 3, Birmingham, UK 

BitBrum is a not for profit, community inspired, grass-roots organised event. According to the organisers, they want to “inform people about the technological, economic and societal impact of this nascent space, equipping them with the knowledge to avoid the scams and the tools and confidence to innovate”.

The second edition of BitBrum (the first one took place in 2017) features Rhian Lewis, Software Engineer and co-host of London Bitcoin Women; Tatiana Moroz, singer and songwriter, Bitcoin activist and Host of The Tatiana Show; Greg Walker, Founder of LearnMeABitcoin; Ben Arc (@BTCSocialist), Lightning Network Guru; Max Hillebrand, Open Source Entrepreneur, and Matt Baldock, founder of Portsmouth Crypto among others.

Also, obviously inspired by The Peaky Blinders, this time round Birmingham will be visited by Thomas Hunt aka Mad Bitcoins along with the World Crypto Network #MadTourV crew. With Thomas in the driver's seat you can bet that BitBrum will be a Blinder!

http://www.bitbrum.org/

Meridian by Stellar – November 4-5, Mexico City

The inaugural Stellar conference, Meridian will bring together everyone in the Stellar universe, alongside major financial institutions and industry experts, for two days of networking and learning.

The conference will address fundamental questions facing the network, such as inflation and transparency, as well as the challenges around adoption and marketing.

Among Meridian speakers are Jed McCaleb, Co-Founder of Stellar; Denelle Dixon, Executive Director at Stellar Development Foundation; Ernest V. Mbenkum, Founder and CEO of Interstellar Wallet and Exchange; Pavel Matveev, CEO of Wirex; Cole Diamond, CEO of Coinsquare; Meinhard Benn, Founder of Satoshipay and Radoslav Albrecht, Founder and CEO of Bitbond.

https://meridian.stellar.org/

The Capital CoinMarketCap Global Conference - November 12-13, Singapore

CoinMarketCap, leading provider of financial metrics and graphs for cryptocurrencies, is the host of this “one-of-a-kind crypto & blockchain event like you've never experienced before.”

To put their money where their mouth is, CMC are gathering a really impressive lineup of speakers, including Sunny King, the legendary blockchain developer, inventor of Proof-of-Stake consensus mechanism and creator of  Peercoin and Primecoin; David Chaum, the Godfather of the cypherpunk movement, creator of eCash and, mostly recently, Elixxir, a brand new quantum resistant protocol, and Changpeng “CZ” Zhao, Founder & CEO of Binance, the world’s leading crypto exchange just to name a few.

Other speakers include Brandon Chez, founder of CoinMarketCap, Samson Mow, Chief Strategy Officer at Blockstream, Sunny Lu, Co-founder & CEO at VeChain, Matthew Tan, Founder & CEO at Etherscan; Mance Harmon, Co-founder & CEO at Hedera Hashgraph; Michael Gan, Founder & CEO at KuCoin; Perianne Boring, Founder & President at Chamber of Digital Commerce, and many others.

https://conference.coinmarketcap.com/

 DAS: Markets – November 13, New York City, USA

Organised by Blockworks Group, DAS: Markets brings together the key players building the future of the digital asset ecosystem on institutional level.

The event will gather over 500 leaders from the exchanges, alternative trading venues, custodians, insurers, banks, lenders and capital allocators that are required for participation in mature digital asset markets.

Attendees will primarily be buy-side investors, sell-side institutions, venture capitalists and other industry professionals interested in learning from respected industry leaders how to more confidently participate in the growing markets.

Featured sessions include:

Payments: Building the New Rails

Exchanges, OTC Desks and Dark Pools: How are Crypto Assets Traded?

Banking on Trust: Will the Market Ever Trust New Names in Custody?

Trading & Futures: Gaining Synthetic Exposure to Digital Assets

Do the Old Rules of Lending Apply to Digital Assets?

Challenges of Insuring Digital Assets

Mark W. Yusko, CEO  of Morgan Creek Capital and Managing Partner of its Digital Assets Group, is the conference’s keynote speaker. Other speakers include Sunayna Tuteja, Head of Digital Assets and Blockchain at TD Ameritrade; Michael Sonnenshein, Managing Director at Grayscale Investments; Diogo Monica, President & Co-Founder of Anchorage; Tim McCourt, Managing Director and Global Head, Equity Products and Alternative Investments at  CME Group.

Other participating companies include AIG, BNY Mellon, Genesis Trading, Global Debt Registry, Marsh, MasterCard, Multicoin Capital, State Street and many more.

https://blockworksgroup.io/dasmarkets2019  

C20 Conference Bitcoin + Blockchain - November 16-17, Buenos Aires, Argentina

Dubbed the most important Spanish-language crypto conference in the world, C20 will feature two days of seminars, workshops, Q&A sessions, networking opportunities, speakers and panel discussions with experts on the most important business developments, technical innovations, regulatory analysis, and public policy issues.

A wide array of speakers includes Sebastián Serrano, CEO at Ripio; Diego Gutiérrez Zaldívar, CEO at RSK; Sergio Lerner, Chief Scientist at RSK; Martín Hagelstrom, IBM Blockchain LatinAm; Marina Solanas, CEO at WABA.network; Carlos Maslatón, Xapo; Franco Amati, Bitcoin Iberoamérica; Rodolfo Andragnes, B4H, Aaron Koenig, Founder of Bitfilm Production.

https://www.c20.io/index-english.html

Binance Research: Ethereum-based Staking Services Booming on Proof-of-Stake Networks

VeChain (VET) Smashes 3-Month High With Stunning 14% Surge as Broader Cryptocurrency Market Stands Still

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With the recent explosion in price of top altcoins such as Bitcoin Cash and Bitcoin SV, investors and traders have started asking about the next altcoin season and how to take advantage of it.

At the end of the day, cryptocurrencies are a highly speculative asset class which can increase and decrease in price at any given moment.

Volatility is king in the altcoin market, but this volatility is a great way to increase your holdings and potentially make some good profits.

In this article, I will discuss three reasons why you should take advantage of the upcoming altcoin season and some techniques you could try out.

As always, the views in this article should not be considered financial advisement. The volatility of the crypto markets means money can easily be lost. Never invest more than you can afford to lose.

Is altcoin season a thing?

There are two main reasons why people buy altcoins. The first is to increase their BTC stack by selling those altcoins when prices are high versus Bitcoin. The second is to hold and keep said altcoins for long periods of time in the hope they will appreciate significantly in value, either by storing them in hardware wallets or by committing them to DeFi.

Even though I personally don’t see much advantage in the second strategy, I respect those who have skin in the game. Buying and holding Bitcoin and altcoins will forever be a sane strategy for those who do not wish to deal with the complications of price swings.

However, for the purpose of this piece, I will assume most altcoin investors simply wish to increase their Bitcoin stack.

You may be asking yourself whether the altcoin season is really a thing. Will altcoins really recover and surpass previous all-time highs? Or will most wither away and die like so many in the recent past?

Even though a great deal of altcoins will most likely fade away, the ones that remain will potentially explode in value – at least according to previous bull runs.

Looking at the image above, courtesy of CoinMarketCap, can help you understand how things work. In late 2013, at the peak of the bull market, the top 10 coins by market capitalisation included names such as Peercoin, Namecoin, Megacoin, and Feathercoin.

Of the top 10 altcoins in 2013, only the initial three remain at the top in 2020: Bitcoin, Litecoin, and Ripple.

Taking advantage of altcoin season So how can you take advantage of altcoin season?

Is there a process you should follow? Which altcoins will increase in value against Bitcoin and which won’t?

To answer these questions and more, I will cover the three reasons why I personally diversify a percentage of my portfolio into altcoins.

While other investors and speculators might have a different approach and alternative methods, I see altcoins as a way to diversify risk.

After all, putting all your eggs in the same basket is one of the worst strategies advisable. As with any asset class, hedging is key.

If you’re wondering why, let me discuss the first reason why I believe cryptocurrency traders should take advantage of altcoin season.

Information asymmetry If you believe the crypto markets are not that efficient, going against Efficient Market Theory (or EMT), then investing in altcoins is a must.

Even though I personally think Bitcoin will remain the world’s largest cryptocurrency for the foreseeable future, I can’t guarantee that:

Bitcoin won’t get a critical bug Bitcoin’s inflation/supply will not change The perception of the market towards BTC will remain the same An altcoin won’t flip Bitcoin in price or adoption Governments won’t try to clamp down on Bitcoin There’s probably more reasons why Bitcoin (and the entire crypto market for that matter) could fail.

As such, different people have access to different information, and if there are plenty of arbitrage opportunities within the Bitcoin market, imagine the amount of opportunities between BTC and altcoins.

Therefore, it makes sense to hedge against yourself and your knowledge of the market.

To conclude, putting a minor percentage of your portfolio into altcoins is, in fact, a smart move. Let me discuss that next.

Decrease your portfolio risk The most important aspect of investing is to increase returns without increasing risk.

In other words, increasing your reward/risk ratio is key if you want to be a long-term successful investor. Why? Because if you do not hedge, the likelihood of a black-swan event wiping out most of your portfolio is much higher.

To avoid losing everything, it’s advisable to hedge against your main position.

In the case of Bitcoin, that would be to hold some fiat currencies and altcoins as well – maybe even gold and oil.

While it’s arguable that if Bitcoin fails, altcoins will probably fail as well, there’s absolutely no logic to price appreciation and how value is accrued.

Given those facts, I personally think investors should always hedge against Bitcoin by having a minor percentage of their portfolios in altcoins.

Although everyone should do their own due diligence, historically, the top five altcoins have been the “safest”.

Finally, the last reason you should take advantage of altcoin season is pretty obvious.

Increase your Bitcoin stack By purchasing altcoins, investors and traders are opening up the possibility of making gains that can be converted back into Bitcoin.

Even though it’s highly unlikely BTC/USD will skyrocket by 10,000% again, that is not true for some altcoins.

Therefore, it makes sense to diversify into some key altcoins – ones that perhaps have fundamental market value.

If stacking sats is your thing, never forget there are plenty of ways to achieve that goal. Perhaps the most common, and the one that will yield the highest returns, is investing in altcoins.

By taking advantage of the next altcoin season, you may be able to exponentially increase your Bitcoin stack.

Safe trades!

Disclaimer: The views expressed in this article are the author’s only. This article isn’t financial advice or promotional material; it represents my personal opinion and should not be attributed to Coin Rivet. 

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.