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For most investors, 2011 was the era when Bitcoin (BTC) and the rest of the crypto subculture were still new. Entrepreneurs tended to ridicule cryptocurrencies, it was a small market that few paid any serious attention to as a possible investment opportunity. One such person, who was an early Bitcoin user, rather regretted investing $500 in Bitcoin then since it was worth only $27. Let us now jump to the year 2024, that small investment is now counted in millions.…

The past 24 hours have been very lively as we witness several attention-grabbing activities in the cryptocurrency space. Solana’s whale purchases and Shiba Inu’s unusual transactions are making headlines. Also, Investors across the world are even more impressed with Rexas Finance’s equally astonishing Stage 1 presale that was completed in less than 96 hours. The said tokenization platform for real-world assets (RWA) has somehow taken the limelight away from well-known mid-cap altcoins like Solana (SOL) and Shiba Inu (SHIB). Solana…

Gold has just broken out to a new all-time high of $2,570, while silver has just hit $30. Could Bitcoin now follow? The traditional hedges when the economy is sliding have always been gold and silver. This has remained true even today. Ill winds are blowing for world economies, as spending continues to be out of control and globalism retreats. Bullish breakout for gold Source: TradingView The weekly chart for gold shows that a very bullish breakout has just taken…

Bitcoin (BTC) saw a brief foray above $58,000 on Thursday following the release of US inflation data and Federal Reserve rate cut bets. US consumer prices bumped up slightly in August, but core inflation remained persistent, with the Core Consumer Price Index increasing by 0.28%, compared to an anticipated 0.2% increase. The likelihood of a 25 bps rate cut increased from 66% to 85%, while the chances of a 50 bps rate cut dropped from 34% to 15%. Meanwhile, Bitcoin…

In recent weeks, Polygon (MATIC) and Toncoin (TON) investors have suffered significant losses, pushing them to other promising prospects. A new token, priced at just $0.015, is emerging as a potential savior, offering stability and growth in an uncertain market. Let's dive into the potential of this emerging utility token. >>> JOIN FXGuys PRESALE <<< Polygon's Future Uncertain: Technical Hurdles and Market Volatility Recently, Polygon announced that it will be migrating from the token MATIC to POL. After a year…

This Summer has not been particularly fruitful for the Bitcoin price. Six months of long, grinding, sideways and downwards price action has made it difficult for investors to stay positive. However, a wind of change is blowing across markets. Upward price momentum is potentially on the way. Spot Bitcoin ETFs were the catalyst for the all-time high The Spot Bitcoin ETFs were a huge boost to the Bitcoin price, and there’s no denying it. This had the effect of putting…

Analysts have raised Bitcoin’s price target to $112,000 following a spike in exchange-traded fund (ETF) inflows. This increased activity suggests bullish sentiment among institutional investors, potentially driving the cryptocurrency to new highs. Bitcoin ETF Inflows to Trigger Price Boost SpotOnChain analysts reported significant inflows into Bitcoin ETFs. Bitcoin’s net flow turned positive, with $39 million in inflows, reversing previous weak volumes. In contrast, Ethereum ETFs saw net outflows for the second consecutive day, with Grayscale’s ETHE experiencing a $20 million…

The post SOL Price at Crossroads: Will Bullish Momentum Push Solana Price to $160? appeared first on Coinpedia Fintech News With Bitcoin taking a plunge under $58K, the intraday pullback in the crypto market reveals a minor case of bullish exhaustion. Amid the pullback, Solana offers a buying opportunity with an upside potential extending to $160 next week. Will this reversal lead to a massive comeback for the Ethereum killer? Let’s find out in our SOL price analysis.  SOL Price…

The post Mega Dice Token Raises Over $1.8M with Just 5 Days Left of GambleFi Presale appeared first on Coinpedia Fintech News Crypto volatility has been low recently, so traders are venturing further afield to make gains.  The emergence of Polymarket and the launch of new GambleFi projects like Mega Dice token ($DICE) couldn’t have come at a better time. With U.S. presidential candidates Harris and Trump neck-and-neck in the polls, speculators are rushing to Polymarket to predict who will…