Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Altcoins In The Spotlight As Bitcoin Dominance Flashes Sell Signal

The biggest cryptocurrency in the world, Bitcoin is losing its hold on market supremacy, therefore changing the crypto scene. Analysts believe cryptocurrencies may soon take the spotlight as their market share drops to 55.80% and a confirmed sell signal flashes for the first time since 2020. As Bitcoin’s price battles to sustain its momentum and falls below important trendline support, this sentiment picks traction. Related Reading: XRP Still Below Its All-Time High As Crypto Explodes 107%, Psychologist Says Bearish Signals Trigger Altseason Conjecture The relative strength index (RSI) indicating Bitcoin’s dominance is trading below its midline, therefore reinforcing negative expectations. Such situations have historically cleared the path for what is known as “altseason”—a time when other cryptocurrencies shine above Bitcoin. Experts contend that capital from Bitcoin could move into altcoins, generating instability and fresh investing prospects. The sell signal has just flashed on the Bitcoin dominance for the first time since 2020 Let the real fun of #ALTSEASON begins pic.twitter.com/R9QeCO69YH — Mikybull ????Crypto (@MikybullCrypto) December 3, 2024 This trend corresponds with the lowered holdings among long-term Bitcoin investors, hence it is not only theoretical. Recent data from IntoTheBlock shows that wallets containing Bitcoin for more than 155 days currently only possess about 12.45 million BTC, the lowest number since mid-2022. These balances, declining almost 10%, point to some individuals cashing in gains or shifting their money to cold wallets. Bitcoin: Decline In Long-Term Holdings As the anticipated $100,000 goal for the alpha coin gets closer, Bitcoin’s price has run into strong resistance. Multiple failures at $97,500 have led to big drops. Bitcoin fell even more on Tuesday, selling around $93,940. This volatility is matched by a clear drop in long-term assets, which makes it hard to tell where the market is going. Bitcoin long-term holders are gradually reducing their balances, now holding 12.45 million BTC—the lowest level since July 2022. So far, this decline is less severe than in past cycles. Long-term holder balances have fallen by 9.8% this cycle, compared to 15% in 2021 and 26% in… pic.twitter.com/eA5Cckrgs4 — IntoTheBlock (@intotheblock) December 3, 2024 Although the present drop in holdings is less significant than those in 2021 or 2017, it draws attention to shifting market attitude. Some observers say this conduct shows purposeful repositioning by experienced investors trying to fit changing market conditions. Rare Bullish Signal Provides Hope Among Bearish Mood Even with the negative undertones, a rare bullish indication gives some hope. Recently in line with moving averages, the Spent Output Profit Ratio (SOPR) indicates that Bitcoin might rally in the next one to two months. Such signs are rare, only once or twice during an upward market cycle. Related Reading: Cardano To Hit $10? Analyst Thinks It’s Happening This Cycle Although the bearish pressure is still evident, experts note that these positive signals provide risk-tolerant investors some good possibilities. Consistent with past patterns following halving events, market observers are also preparing for a possible slump as January 2025 draws near. For now, the declining dominance and increasing volatility of Bitcoin highlight the need of a careful yet strategic approach. Whether it’s Altseason or a fresh Bitcoin surge, the next months could change the scene of cryptocurrencies. Featured image from DALL-E, chart from TradingView Bitcoin.com

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Qubetics, Cosmos, or Monero? Which Blockchain Powers Tomorrow’s Applications in December 2024?

Crypto enthusiasts are buzzing as Cosmos (ATOM) and Monero (XMR) dominate conversations with their latest developments. Cosmos has made a splash with Union Labs securing $12M in Series A funding, aiming to bridge Ethereum, Bitcoin, and Cosmos ecosystems. Meanwhile, Monero’s privacy tech remains a hot topic, with experts countering misunderstandings about its features in recent media coverage. While these two titans refine their niches, a new player—Qubetics ($TICS)—is stealing the spotlight. Currently in Presale Phase 11, Qubetics isn’t just another crypto; it’s solving problems that its predecessors haven’t tackled. With a No KYC, Non-Custodial Multi-Chain Wallet , seamless fiat conversions, and deep integration with Apple Pay, Qubetics is all about simplifying crypto for real-world use. With presale tokens priced at $0.0282 and the potential for a 900% ROI, let’s dive into why these three cryptos are the best cryptos to buy in December 2024. Qubetics ($TICS): Usability Redefined for the Modern World Qubetics is here to fix crypto’s usability problem. Right now, 266 million tokens are already sold in the presale, with $4.3 million raised and counting. At $0.0282, the current price offers early investors a golden opportunity before the next 10% hike kicks in. After presale, the price is set to hit $0.25, a staggering 900% ROI potential. But Qubetics isn’t just about numbers. Imagine you’re a small business owner—a local florist, for example—looking to accept crypto payments. Normally, you’d worry about wild price swings. Qubetics’ smart contract conversion mechanism solves that, converting crypto into fiat at the point of sale. Add its No KYC wallet for quick, hassle-free onboarding, and you’ve got a tool built for efficiency. For individuals, the wallet’s integration with Apple Pay and Google Pay makes it seamless to spend crypto like cash . Whether you’re a freelancer managing international clients or a college student splitting rent with friends, Qubetics makes it ridiculously easy. That’s why it’s one of the best cryptos to buy in December 2024—it’s not just a token; it’s a game-changer. Cosmos (ATOM): The Internet of Blockchains Cosmos is a project with a bold vision: connecting blockchains for seamless interoperability. Its recent collaboration with Union Labs, backed by $12M in funding, underscores its role as a key player in linking Ethereum, Bitcoin, and Cosmos networks. If blockchain ecosystems are highways, Cosmos is building the bridges that let them talk to each other. Why is Cosmos one of the best cryptos to buy in December 2024? Its Inter-Blockchain Communication (IBC) protocol has been a game-changer, enabling data and token transfers across chains. This tech is invaluable for developers creating decentralized apps (dApps) that need to interact with multiple ecosystems. From an investment perspective, Cosmos offers steady growth potential. Trading around $10.50, analysts expect ATOM to climb to $15 by year’s end as its ecosystem expands. Plus, its focus on energy efficiency and scalability aligns with the broader market shift toward sustainable solutions. Whether you’re a DeFi enthusiast or a long-term investor, Cosmos delivers both innovation and reliability. Monero (XMR): The Privacy Pioneer Monero has always been the go-to for privacy-focused crypto users, and its importance hasn’t waned. Despite some media misconceptions recently addressed by experts, Monero remains the gold standard for anonymous transactions. Unlike Bitcoin or Ethereum, Monero uses advanced cryptographic techniques to keep transactions private, making it a favorite for users who value confidentiality. Why does Monero make the list of best cryptos to buy in December 2024? In an era where data breaches and surveillance are rampant, Monero’s privacy features are more relevant than ever. It’s not just about anonymity; it’s about giving users control over their financial information. For example, a journalist working in a restrictive country could use Monero to receive payments without risking exposure. Monero’s price has been stable, hovering around $140, with analysts forecasting a potential climb to $175. Its strong community and continued development make it a reliable option for those who prioritize security over speculation. For anyone concerned about privacy in the digital age, Monero is a no-brainer. Choose the Blockchain That Powers Tomorrow Each of these cryptos brings something unique to the table. Qubetics is revolutionizing usability with its No KYC, fiat-compatible wallet, Cosmos is bridging the gaps between blockchains, and Monero is safeguarding financial privacy. Whether you’re into real-world applications, interoperability, or anonymity, these projects have you covered. December 2024 is shaping up to be a pivotal month for crypto, and these three tokens are leading the charge. If you’re looking to diversify your portfolio, now’s the time to act. The future of blockchain lies in projects that solve real-world problems and push boundaries. Qubetics ($TICS) is all about ease of use, Cosmos (ATOM) excels in connectivity, and Monero (XMR) offers unmatched privacy. Each has its strengths, making them solid choices for both new and seasoned investors. Based on the latest research, we recommend Qubetics, Cosmos, and Monero as the best cryptos to buy in December 2024 . Don’t wait—opportunities like this don’t last forever! For More Information: Qubetics: https://qubetics.com Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics The post Qubetics, Cosmos, or Monero? Which Blockchain Powers Tomorrow’s Applications in December 2024? appeared first on TheCoinrise.com . Bitcoin.com