The Best Blog PC Thomas: #CryptoTrading

Tuesday, 10 June 2025

Crypto Bull Market Alert: Top Altcoins Poised to Explode as Bitcoin Breakout Looms

Bitcoin Market Updates
Snopsis - The crypto bull run may finally be here! Bitcoin is showing signs of a major breakout, signaling a potential market-wide rally. As BTC nears key technical levels, traders are eyeing top-performing altcoins like Hyperliquid (HYPE), Uniswap (UNI), and Ethereum (ETH). These tokens are already gaining momentum with record-breaking trading volumes, bullish chart patterns, and rising revenues, making them hot picks for the next wave of gains.

Key Highlights:

Will Bitcoin Hit $143,000? - A breakout from the famous "cup-and-handle" formation hints at a massive upside for BTC - potentially reaching $143K and setting off a full-blown bull market.
Can Hyperliquid Maintain Its 342% Rally? - HYPE is up over 340% since April and dominating the futures market. Could it be the next breakout crypto star?
Is Uniswap’s Unichain the Future of DeFi? - UNI's DEX volume and DeFi presence are exploding -- l its breakout above resistance lead to a 60% price surge?
Is Ethereum Ready to Hit $4,100? - A golden cross and bullish flag point to a major ETH rally. Can ETF hype push it to new heights?

There are growing signs that a big crypto bull market may be right around the corner. Bitcoin (BTC) is forming a classic "cup-and-handle" chart pattern, and it’s nearing a breakout point. If this pattern completes, Bitcoin could jump to at least $143,000. Even more exciting? BTC is also close to breaking an 8-year resistance trendline, which could spark a larger market rally across cryptocurrencies.

1. Hyperliquid (HYPE): One to Watch

Hyperliquid is one of the hottest altcoins right now. It has surged 342% since April, and it’s now trading near its all-time high. The main reason? It’s becoming a leader in the perpetual futures market. In the last 30 days alone, HYPE processed $245 billion in trading volume.

In May, it generated $65.5 million in revenue, up from $43.3 million in April. With growing trading volume, strong revenue, and rising staking rewards, HYPE seems to have solid upside potential. It even broke past a bearish double-top pattern, which usually signals continued growth.

2. Uniswap (UNI): DeFi Powerhouse

Uniswap is also showing serious strength. Its trading volume over the past month hit $92.8 billion, and it earned $95 million in fees during May alone. Its Unichain network is growing fast, with $9.5 billion in DEX volume and nearly $1 billion in total value locked (TVL) in DeFi.

The UNI token has now broken above a key resistance level of $7.5410, and if momentum continues, it could aim for $11.97-- a 50% retracement level from its previous highs.

3. Ethereum (ETH): ETF Buzz & Bullish Patterns

Ethereum is also flashing bullish signals. The growing excitement around spot ETH ETFs has pushed demand higher. On the charts, ETH has formed a bullish flag pattern, which usually suggests a strong upward move.

If the pattern plays out, ETH could reach around $4,100. Another strong signal? Ethereum has formed a golden cross, where the 50-day moving average has crossed above the 200-day moving average – a classic sign of a bullish trend.

To sum up, the crypto market is heating up. Bitcoin's potential breakout could trigger a new wave of altcoin rallies. Keep a close eye on HYPE, UNI, and ETH as the bull market gains momentum. With strong fundamentals, bullish technicals, and increasing investor interest, these tokens might lead the next big surge.

Also Read: Can You Profit from Crypto Without Buying Coins? Absolutely- Here’s How

Stay Ahead in Crypto: Get Daily Market Insights Only on Coin Gabbar

Saturday, 7 June 2025

Can You Profit from Crypto Without Buying Coins? Absolutely- Here’s How

Cryptocurrency, Bitcoin

Synopsis: Cryptocurrency trading involves buying, selling, or speculating on digital currencies like Bitcoin and Ethereum. This article explains the basics of crypto trading, including how it works, the tools used, and the key terms every trader should know.

All About Cryptocurrency Trading: A Simple Guide to How It Works

Cryptocurrency trading is the process of buying or selling digital currencies to make a profit. It can be done in two ways: directly purchasing the coins from a crypto exchange or trading price movements through financial instruments like Contracts for Difference (CFDs).

Two Ways to Trade Crypto

1. Trading Through CFDs

CFDs (Contracts for Difference) let traders speculate on price changes without owning the actual cryptocurrency. You can:

· Go long (buy) if you think the price will rise.

· Go short (sell) if you expect the price to drop.

CFD trading uses leverage, which means you can start trading with a small deposit called a margin. However, profits and losses are based on the full value of the position, so both gains and risks are magnified.

2. Buying Directly on Exchanges

When you buy cryptocurrencies on an exchange:

· You own the actual coins.

· You'll need a digital wallet to store them.

· You must pay the full amount upfront.

Exchanges often have learning curves due to the technical tools and limits involved, and managing accounts and wallets may require some extra effort.

How Do Crypto Markets Operate?

Unlike regular currencies, cryptocurrencies are not managed by any government or central bank. Instead, they operate on decentralized networks of computers using blockchain technology.

When one user sends cryptocurrency to another, the transaction is verified and recorded on the blockchain -- a public ledger that tracks ownership and movement of digital assets.

What Is Blockchain?

A blockchain is a secure, shared digital ledger. It stores all transaction data across a network in blocks, which are linked together in a chain. Key features include:

· Transparency: Everyone in the network can view the blockchain.

· Security: Once recorded, data is hard to alter thanks to cryptographic links.

· Decentralization: Data is stored across many systems, reducing risk.

What Is Cryptocurrency Mining?

Mining is the process of validating crypto transactions and adding them to the blockchain. It involves:

· Verification: Miners check transactions to ensure funds are valid and authorized.

· Block Creation: Validated transactions are grouped into a new block.

· Puzzle Solving: Miners solve complex algorithms to link the new block to the chain.

Successful miners are rewarded with newly minted coins, making this the main method for creating new crypto tokens.

What Influences Cryptocurrency Prices?

Crypto prices are driven by supply and demand. Some key factors include:

· Supply: Total number of coins in circulation and release rate.

· Market Capitalization: The total value of all coins in existence.

· Media Coverage: News reports and social buzz.

· Adoption: Integration with online payments and platforms.

· Regulatory Events: Government actions or security issues.

Key Crypto Trading Terms Explained

1. Spread

The difference between a cryptocurrency’s buying and selling prices. You "buy" at a higher price and "sell" at a lower price.

2. Lot

A standardized amount used to trade crypto. Most are small due to crypto’s price volatility—often just one unit of a coin.

3. Leverage

A way to trade large amounts with a small initial deposit. It can increase profits — but also losses.

4. Margin

The amount of money you must deposit to open a leveraged trade. For example, a 10% margin on a $5,000 Bitcoin trade means you only need $500 to open the position.

5. Pip

Short for “percentage in point,” this measures the smallest change in a cryptocurrency’s price. For example, if Bitcoin moves from $190.00 to $191.00, it has moved one pip.

Cryptocurrency trading can be exciting and potentially rewarding, but it requires knowledge and strategy. Whether you're trading through exchanges or using leveraged products like CFDs, understanding the basics is the first step toward successful crypto investing.