AAVE, the native token of the decentralized lending platform Aave, has experienced a significant price surge, climbing 45% to $135 over the past four weeks. This impressive rally has outpaced all other top 100 cryptocurrencies, including major players like Bitcoin and Ethereum. Despite recent gains, AAVEâs total TVL remains below its October 2021 peak of…
For months, analysts have been predicting an upcoming altcoin season, but so far, these forecasts havenât come true. In a recent Altcoin Daily podcast, crypto trader Tom Crown shared his perspective on recognizing when âaltcoin seasonâ begins and highlighted some top altcoin picks for this phase. Want to know when to dive into altcoin season?…
The Bitcoin price is playing a very resilient trade at the moment as the bulls appear to have slowed down, probably to reduce the bearish attention. The star token has been consolidating underneath a crucial resistance for over a couple of weeks, offering a golden opportunity for the bulls to retake this to flip the…
The altcoin industry has consolidated in a bearish outlook for the past five months despite the notable rise in demand from institutional investors. The increased crypto regulatory clarity in the United States has created an enabling environment for further altcoin growth. For instance, the SEC has dropped investigations into Ethereum and Solana as alleged security…
The post Tron Memecoins Surge: Why TRX is the Best Altcoin Investment Right Now? appeared first on Coinpedia Fintech News Crypto analyst Miles Deutscher is buzzing about TRON, calling it the next big thing in the crypto world. Heâs pointing out how TRON is catching fire, with major growth and attention coming. Let’s explore why…
On August 23, 2024, the popular meme coin Floki Inu (FLOKI) gained notable attention from the crypto community due to the recent bullish breakout and an impressive price surge over the last 24 hours. Amid this bullish outlook, a crypto expert made a post on X (previously Twitter) that FLOKI is experiencing a bullish divergence…
On August 22, 2024, Binance, the worldâs biggest cryptocurrency exchange announced to launch of the Solana-based meme coin Popcat (POPCAT) perpetual contracts. Following this announcement, a crypto Whale withdrew 39,816 SOL worth $5.73 million from Binance and bought nearly 10 million POPCAT tokens. Whale Buying POPCAT Amid Listing Announcement This crazy buying signals that POPCAT…
Uniswap (UNI), an Ethereum-based altcoin is making waves in the cryptocurrency landscape due to its impressive price surge and recent breakout. On August 22, 2024, following the breakout, a whale reactivated after six months and withdrew a significant 1.48 million UNI tokens worth $10.4 million from Coinbase Prime, as reported by the on-chain analytic firm…
Amid ongoing market volatility, the altcoin leader, Ethereumâs price has reclaimed the $2,650 level with a jump of 2.11% in the past day. Following this, ETH-based altcoins have gained significant attention from the market. This has resulted in them breaking out of their important resistance levels. With the increasing price uncertainty in the crypto space,…
The cryptocurrency market has recorded a jump of 1.78% over the past day with a trading volume of $71.2 billion (+16.64%). However, top tokens repeatedly fail to break out of their crucial resistance levels. Suggesting a strong bearish sentiment at the upper levels. On the other hand, mid-cap altcoins have gained significant attention in the…
The markets are heading towards the monthly close, which is expected to have a huge impact on the upcoming quarterly close. Historically, August has not attracted any major bullish action and hence the markets appear to be following the historical pattern. The Bitcoin price is stuck within a range, due to which market participants appear…
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…
With the Bitcoin price on the boundary of $61,000, the altcoins march ahead with increased momentum. Amid the altcoins, the AI tokens are making a comeback with the increased breakout entry potential. With a potential 100% surge in the coming time, here are the top AI tokens to buy this week. AI Tokens To Buy This…
In his recent analysis, Jason Pizzino, a respected investor and crypto expert highlights Bitcoinâs resilience, noting that it has just posted its second-highest close since the recent market collapse three weeks ago. Despite this, Bitcoinâs price has remained relatively stable, though market emotions have been mixed. The bear traps have been active, and many bulls…
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…
Amid the broader market turning bullish, the lack of confidence is evident, with Bitcoin struggling near $60K. However, the DeFi tokens are surprisingly ignoring the market noise as the smart money anticipates a bull run in the DeFi space. As the top DeFi tokens prepare for a breakout run with the ongoing reversal gaining momentum,…
With the altcoin market gaining momentum, the DeFi and dog-themed memecoins are preparing for a moonshot. The underlying increase in meme coins reveals a surge in FOMO sentiments, potentially fueling the next stage of the bull run. Further, with the Bitcoin price back at $60,000, will meme coins reach new all-time high levels this week?…
After the Fed released FOMC minutes on Wednesday that signaled a possible rate cut next month, Bitcoinâs (BTC) price surged 2 percent to reach a daily high of about $61,830. The flagship coin, however, has experienced a significant resistance level around the 50-day Moving Average (MA).  Nonetheless, the daily Relative Strength Index (RSI) has since…
Bitcoin recently pushed above $60,000, driven by key macroeconomic factors. Traders are excited about a breakout towards $70,000. The minutes from the Federal Reserveâs recent meeting suggested rate cuts are likely, which is expected to boost Bitcoinâs price as lower interest rates increase global liquidity. Additionally, political developments, such as Donald Trumpâs increased chances in…
An analyst has predicted that XRP could see major price gains based on historical trends following Bitcoin halving events. Historically, XRP tends to experience a significant breakout approximately 228 days after a Bitcoin halving. According to Block Bull, this pattern was observed in both the 2016-2018 and 2020-2021 cycles, where XRP saw price increases following…
After a strong 3.7% of green 4-hour engulfing candle, Bitcoin (BTC) once again reached its crucial level near $62,000. However, this is the fifth time BTC has reached this level in the last 15 days, and each time it has faced massive selling pressure, resulting in a significant drop in BTCâs value Bitcoinâs Upcoming Levels…
Mike McGlone, senior commodity strategist at Bloomberg Intelligence, joined David Lin for a discussion about Bitcoin. Mike said that in the current financial crisis and with quantitative easing, Bitcoin has been leading risk assets, driving markets to new highs earlier this year. He suggests that Bitcoin may also be leading the market downturn, as it…
On August 21, 2024, the defunct and oldest crypto exchange, Mt. Gox, moved a significant over 14,530 Bitcoin (BTC) worth $860 million in the last 24 hours, as the on-chain analytic firm Spotonchain reported. Following these transactions, the overall cryptocurrency market experienced massive selling pressure. Mt. Gox $860 Million BTC Transfer With the recent transfer,…
Bitcoin is once again encountering resistance at a crucial level. Despite this, the price is maintaining its support on shorter timeframes, specifically the 2-hour chart, where Bitcoin has managed to hold above a key support level. This support has prevented a major breakdown, even after the market saw significant liquidations. According to analyst Josh of…
Today, Matic Network (MATIC) has gained everyoneâs attention due to its significant price surge and recent bullish breakout. However, MATICâs bullish outlook comes at a time when top cryptocurrencies including Bitcoin (BTC) and Ethereum (ETH), have been struggling to gain momentum. Bullish Breakout in MATIC This bullish breakout comes after months of continuous downside momentum…
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…
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…
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, Tronâs 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…
In this ongoing struggling cryptocurrency market, Solana-based dogwifhat (WIF) is making waves due to its impressive performance and recent breakout. On August 21, 2024, WIF gained a massive price surge of over 10% in the last 24 hours and caused a strong bullish breakout. Breakout in Dogwifhat (WIF) Since July 22, 2024, WIF has been…
In this extremely volatile cryptocurrency market, on August 20, 2024, a Solana whale was found dumping a notable 20,000 tokens worth $2.9 million to OKX and Binance, as reported by Lookonchain. According to a post on X (formerly Twitter), the whale dumped 10,000 SOL worth $1.45 million to OKX and another 10,000 SOL worth $1.45…
With the price of Bitcoin reclaiming the $61,000 level, the crypto market has recorded a strong bullish recovery over the past day. Moreover, the Memecoin category has added $2.17 Billion in market cap. This contributes to 3.38% of the total inflow of the past day. Planning on investing in memecoins, but concerned about its future…
Amid increased price volatility, the cryptocurrency market has continued displaying a mixed price action over the past few days. However, the market leader, Bitcoin price has successfully reclaimed its $61K level, indicating a strong bullish sentiment in the crypto space. Following this, Polygon and Galaâs tokens have successfully regained momentum after trading under a bearish…
The crypto industryâs market cap rose from $2.075 T to over $2.14 T in the past 24 hours, registering a surge of 4.89%. With this, Bitcoin has reclaimed its $61,000 mark, by adding gains of 4.13%. Following suit, Ethereumâs price has shown a similar trend, adding 2.76% to its portfolio with a trading volume of…
In the recent crypto market crash, the top altcoins registered a massive intraday drop, signaling a FUD run. However, the XRP price showed a significantly lesser drop and a lower price rejection, hinting the altcoin is ready for a bounceback. Will the XRP price remain unaffected by the broader market sellout and heat to the…
Bitcoin price surpassed the $60K level yet again in the last 24 hours. The cryptocurrencyâs daily trading volume surged 48.31% according to CMC data. The cryptocurrency sector has fallen short of analystsâ predictions since July. Market analysts expected the H1 bullish momentum to sustain in the second half and propel prices further. However, the crypto…
The Bitcoin price is again attempting to regain certain levels, which is expected to revive a strong ascending trend. In the short term, strong bullish action occurred in the early trading hours, which pushed the levels close to $61,000. In the event of a bullish breakout beyond the upper resistance, the probability of a pullback…
Recovering from a minor slump below the $60,000 critical mark, Bitcoin is back with the hype of rate cuts resurfacing. Concluding the bearish sprint and extending the prevailing uptrend, the BTC price exceeds the $61,000 level as the bullish engines heat up. So, are you considering buying Bitcoin as the bulls resurface? More importantly, will…
Wendy O, a YouTuber, and a crypto expert issued a critical warning for Bitcoin investors: the Japanese Yenâs recent strengthening could destabilize crypto markets again. This follows a similar impact earlier when Japanâs interest rate changes led to significant market volatility. WendyO delves into how the Yenâs performance, having recently strengthened by 2.4% against the…
Popular analyst and Founder of Into The Cryptoverse, Benjamin Cowen, joined David Lin for a discussion about Bitcoin and itâs currency cycle. Cowen believes Bitcoin dominance might peak when the Fed cuts rates and shifts from quantitative tightening to easing. Historically, Bitcoinâs current behavior mirrors what happened in 2019, where it diverged from the NASDAQ…
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…
Bitcoin (BTC) price closely followed Asiaâs Nikkei 225 in a bullish recovery on Tuesday. The flagship coin pumped over 3 percent in the past 24 hours to trade about $60.5k on Tuesday during the early Asian session. As a result, almost the entire crypto industry followed the same path, led by Binance Coin (BNB), Ripple-backed…
In the cryptocurrency landscape, the majority of top cryptocurrencies including Bitcoin (BTC) and Ethereum (ETH) are continuously declining due to the current bearish market sentiment. Amid this downturn, Tron (TRX) is making waves with its impressive performance in recent days and also outshines Cardano (ADA). Tron (TRX) Surpasses Cardano (ADA) Despite other cryptocurrencies struggling, TRX…
Amid this ongoing market downturn, recently Ethereum (ETH) is gaining significant attention from the crypto community. On August 19, 2024, the on-chain security analytic firm Kaiko made a post on X (previously Twitter) stating that Ethereumâs gas fees have made a five-year record low. Ethereumâs Gas Fees Hit Five-Year Lows According to Kaiko, this record…
The Bitcoin price has continued hovering close to its $58,000 mark for a brief period, indicating a weak bullish sentiment for the star crypto in the market. On the other hand, the top BRC-20 tokens displayed similar price actions by recording significant corrections in their respective portfolios. This highlights that these altcoins are influenced by…
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 faced another minor pull which caused the price to drop below $58,000 for a while but the bulls continue to remain vigilant Besides, the token displays the possibility of initiating a huge upswing which may trigger the bull run in the coming days The Bitcoin price remained more or less still during the weekend…
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 altcoinâs 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…
When will Bitcoin go up? When will the market start moving instead of just chopping around? Analyst Crypto Banter decided to put an end to these questions and revealed five market catalysts that could send Bitcoin back into a major bull run. Catalyst One: The first catalyst is the upcoming election. While elections often bring…