Ripple’s XRP is on a rampage, breaking through a key resistance level of late. The move has analysts eyeing the crypto asset for a potentially big gain, with many, like Bret Hill, suggesting as such. Related Reading Meanwhile, Pastor Brandon Biggs is doing rounds on social media with his “prophetic” prediction of an “overnight” surge…
Bitcoin price is surging! The top-traded token has soared above $61,000 which has circulated bullish waves across the markets. With this, the memecoins have gained immense strength as the tokens have triggered a huge upswing. FLOKI price leads the top memecoins, while the other top tokens, like PEPE, are trying hard to follow the rally….
The bulls are accumulating strength as the top cryptos like Bitcoin & Ethereum have raised over a certain range and are trying hard to sustain above the range. While ETH price juggles around a crucial range, other altcoins like Polygon (MATIC) & Cardano (ADA) are displaying acute strength. Therefore, with a sustained rise, the prices…
The latest rise above $2,500 in Ethereum prices suggests the revival of a strong upswing and the expectation of reaching $3000. Besides, the growing market sentiments were in favour of a substantial rise. However, the possibility of a constant rise remains differed at the moment as the second-largest token, Ethereum, is losing its grip over…
With the broader crypto market down by 3% in the past 24 hours, Celestia has been washed away by the bearish tide. According to CoinGecko, TIA, Celestia’s native toke, is down over 18% since last week, putting more pressure on the exhausted bulls as the bears eye more downward breakthroughs. Related Reading Despite its native…
Tron (TRX) investors continue to feel bullish even as the market dips after certain on-chain developments help investor sentiment remain high. According to CoinGecko, the token has increased more than 24% since last week, a sign that investors on the platform have held TRX and accumulated to capture more gains. Related Reading Tron’s developments will…
Polygon (MATIC) is setting up perhaps for a significant surge. MATIC currently trades 13% below its projected value for the next month; the crypto space is abuzz over this undervaluation. Investors view such a slide as a good buying opportunity. Related Reading With a possible increase of 470% in just the next three months, the…
Over the past few days, top cryptocurrencies such as Bitcoin, Ethereum Solana, and others have constantly failed to build momentum. This has resulted in them recording a constant dump in their respective portfolios. However, mid-cap altcoins are gaining momentum by recording a massive uptrend over the past few days. Notably, many mid-cap tokens have recorded…
Five altcoins are gaining attention as 2024 ends, with Toncoin leading due to its ecosystem growth. Avalanche and Solana are attracting institutional interest and expanding through strategic partnerships. The crypto market is surging in 2024, and investors are keen to identify the next major opportunities. A few altcoins are emerging with remarkable profit potential, offering…
The post Solana ETF Approval In Brazil: A Turning Point for SOL Price? appeared first on Coinpedia Fintech News The Brazilian Securities and Exchange Commission (CVM) has approved a second Solana ETF, expanding crypto investment options in the country, according to CVC data. This new ETF is set to be offered by Hashdex, a prominent…
Avalanche (AVAX) has needed help recovering its losses in this volatile crypto market. Compared to other Layer-1 (L1) blockchains, AVAX consolidation could have been faster, raising concerns about its future performance. Related Reading Despite this uncertainty, recent price action shows AVAX consolidation above the $19.80 support, trading at $22.11 when writing and creating a positive…
In the past few days, Tron (TRX) has been consistently gaining significant attention from the crypto community due to its super-hit performance. On August 21, 2024, Tron’s open interest once again skyrocketed by over 56% in the last 24 hours, signaling immense interest from investors and traders. Tron Open Interest Jump by 56% According to…
On August 20, 2024, during the Asian trading hours, the overall cryptocurrency market was experiencing impressive upside momentum. However, following the opening of the US stock market, the market began experiencing selling pressure as the S&P 500 and Dow Jones fell significantly. Potential Reason for Market Fall Apart from the S&P 500 and Dow Jones,…
As 2024 comes to a close, excitement in the crypto market is reaching a fever pitch. Investors are honing in on five altcoins with the potential for huge profits. Ready to discover which digital assets could turn investors into millionaires? Let’s take a closer look. Toncoin (TON): The Rising Star Toncoin (TON) is making waves…
Tron (TRX) gains massively as it continues on its bullish path after new developments hit the market. According to CoinGecko, the token is up 14% since last week. This trend may continue as major cryptocurrencies like Bitcoin and Ethereum pull altcoins upward as well. Related Reading With favorable market conditions, TRX has a chance to…
Wendy O, a YouTuber, and a crypto expert issued a critical warning for Bitcoin investors: the Japanese Yen’s recent strengthening could destabilize crypto markets again. This follows a similar impact earlier when Japan’s interest rate changes led to significant market volatility. WendyO delves into how the Yen’s performance, having recently strengthened by 2.4% against the…
Crypto markets are trying to overcome the recent losses that occurred during the past week, which compelled the tokens to remain consolidated. Meanwhile, the bulls seem to have gained back their strength, due to which the Bitcoin price has reclaimed $60,000 with enough buying pressure. Every bullish move has attracted bearish activity, while the absence…
The Real-World Asset (RWA) sector is expected to reach a $16 trillion market cap by 2030, according to the Boston Consulting Group. Despite this promising outlook, the crypto market seems to be stagnating or sending mixed signals to investors. Whether altcoin season has started or is yet to begin remains uncertain. In these uncertain times,…
The recent crypto crash presented a major opportunity for long-term holders to accumulate more altcoin assets ahead of the highly anticipated parabolic rally. On-chain data analysis shows that smart money has accelerated its accumulation pace amid heightened fear of further crypto capitulation. As Bitcoin dominance signaled inevitable reversal as depicted by the rising wedge amid…
The crypto market has been trading mixed lately, but amidst the chaos, Solana has emerged as a standout performer. Over the last 18 months, Solana has consistently outpaced other blockchains, even surpassing Ethereum in several key metrics. Now, analyst Altcoin Buzz has identified four altcoins within the Solana ecosystem that are worth keeping an eye…
Despite increased bearish sentiment in the cryptocurrency market, the Ripple price has displayed a positive price action by recording a constant uptrend in its price chart. Notably, it has successfully held its value above the support level of $0.560, highlighting increased bullish action. Dive in as, in this article, we have covered the market sentiments,…
Bitcoin’s market cap dominance is nearing a critical point, often a signal for the next altcoin season. Historically, altcoin seasons start when Bitcoin’s dominance drops below key levels, such as the 60% mark. We’re currently at 56.90%, and once we hit 60%, a drop could trigger a significant altcoin rally. The RSI (Relative Strength Index)…
The altcoin industry, led by Ethereum (ETH) and Solana (SOL), has significantly impacted the recent market crash fueled by major global stock indexes. Since early March this year, the altcoin’s market cap has slipped from around $1.27 trillion to around $866 billion on Monday. Despite the jubilant reaction to the approval of spot Ethereum ETFs…
The Cardano price rally demonstrates a similar price action as it did throughout the 2022 bear market. The bears seem to be poised to mark the bottom of the rally, which may shift back the focus of the market participants. However, the bottoms appear to be extending finely, which revives the possibility of slipping below…
With a bullish trend in the altcoins market, the ETH/BTC pair has experienced a 2.41% rise in the last 24 hours. The stronger Ethereum grows against Bitcoin, the more likely an altcoin season will occur. Amid the altcoins, the Metaverse tokens like GALA and MANA witness a recovery run, teasing a trend reversal. Will these…
Bitcoin trades at $59K range, aiding the altcoins to spot as top gainers. The fear and greed index is at 44, indicating neutral sentiment in the market. The overall crypto market is briefly in the bullish array. Cryptocurrencies are returning from their lows and priced in green. Moreover, the fear and greed index stays at…
The altcoin leader, Ethereum price continues hovering close to its $2,500 level, indicating weak buying and selling pressure for this crypto token in the market. Notably, it is presently trading with a price tag of $2,584.36 and has a market cap of approximately $305 Billion. On the other hand, lesser-known ETH-based altcoins have gained significant…
After trading under a bearish sentiment for a brief period, the cryptocurrency market has recorded a bullish recovery over the past day. Moreover, the market is currently valued at $2.11 Trillion with a 24-hour jump of 1.48%. Following this, mid-cap and low-cap altcoins have gained attention from the crypto space. This has resulted in them…
Cryptocurrency Whale Makes Significant Altcoin Purchase and Withdrawal from Binance Cryptocurrency Whale with Address czsamsunsb.eth Engages in Significant Altcoin Purchases and Withdrawals on Binance. Etherscan data reveals that the whale borrowed 8 million USDC from Aave, a decentralized lending platform, and utilized 6 million USDC to acquire 3,115 ETH at an average price of $1,926…