Crypto

The post Ripple and Ethereum Under Fire: Decoding the Crypto Debate Sparked by SEC’s Latest Moves appeared first on Coinpedia Fintech News What initially seemed to be a sarcastically heated but harmless debate between Ripple CTO David Schwartz and Cardano Founder Charles Hoskinson recently turned into a fiery debate on X. Their replies revealed Many key revelations, the roots of most of which can be traced to SEC Chair Gary Gensler’s testimony before Congress over the classification of Ethereum. Schwartz’s…

The post April Sets Record Low for Losses in Crypto Hacks and Scams; Will the Trend Continue? appeared first on Coinpedia Fintech News While April 2024 saw a total of 37  security breaches in the crypto industry, a whopping dollar value loss of $90.81 million was recorded. These events encompassed different exploits ranging from hacks in smart contracts and third parties to exit scams and hacker account intrusions, demonstrating the current unsafe environment in the crypto world. A web3 security…

The post Crypto Market Crash: Bitcoin Faces $464 Million Liquidation In 24 Hours! appeared first on Coinpedia Fintech News The BTC price has experienced a plunge of 11.52% with a low of $56,555.29 within the past 24 hours. Following the cross-border correction, the crypto market leader, Bitcoin price, recorded a total of $464 Million worth of liquidations in its portfolio, of which 86% ($399 Million) were long positions whereas 14% ($65 Million) were short positions. OKX experienced the highest liquidations,…

The Bitcoin Fear and Greed Index shows crypto investor sentiment has turned neutral following BTC’s slump below $57,000. According to data from Alternative.me, the fear and greed index sits at 54 for the first time in three months, signaling that crypto investors are neither fearful nor greedy amid the current market conditions. Investors Harbor Neutral Sentiment The last time investors harbored a neutral sentiment was on January 28, 2024, when the price of BTC hovered around $42,000. At the time,…

TL;DR Despite recent price drops in the cryptocurrency market, including bitcoin, some investors seem interested in potential purchasing opportunities, reflected by increased searches for “buy the dip crypto.” On-chain metrics like the MVRV ratio and shifts in open interest suggest a potential turnaround, indicating it might be a good time to invest in the primary digital asset. Viewing the Crypto Crash as a Buying Opportunity The cryptocurrency sector has been in a state of severe correction in the past few weeks, with…

Solana (SOL) is preparing to take center stage in the crypto market with a Solana spot ETF ready to debut in North America. Despite SOL emerging as an institutional favorite, the altcoin has come under bearish pressure in recent weeks. Solana (SOL) investors are celebrating another landmark victory for the cryptocurrency. According to reports, SOLWealth, a federal organization based in Canada, is preparing to launch a Solana spot ETF. Since the introduction of a Bitcoin spot ETF, there’s increased interest…

May 2023 is poised to become a landmark month for the crypto market, with major token releases slated to inject substantial liquidity and potentially catalyze shifts in market dynamics. Key developments from AEVO and PYTH and significant contributions from other projects are set to channel over $3 billion into the sector. Substantial Crypto Releases Set the Stage Token Unlock, a platform dedicated to tracking the release schedules of digital assets, indicates that May will witness one of the most substantial influxes…

A crypto analyst has predicted when Ethereum, the world’s second-largest cryptocurrency, will bottom against Bitcoin, however, under certain conditions.  Analyst Predicts ETH/BTC Bottom Timeline In a recent X (formerly Twitter) post, crypto analyst and founder of ITC Crypto, Benjamin Cowen, shared his forecast regarding the Ethereum to Bitcoin price ratio, projecting the timeline for when ETH/BTC would hit its lowest value in the current market cycle.  Sharing insights on the market conditions, Cowen noted striking similarities between the present market’s…

Crypto prices continue to crash to end the month of April, with Bitcoin falling to $60,800 at press time.  Meanwhile, Ethereum continues to see an even steeper decline, falling by 4% on Tuesday. The ETH price is now on the cusp of falling below $3,000 to end the month.  Why Is Crypto Crashing Today? Crypto prices reacted negatively after the recently approved Hong Kong Bitcoin and Ethereum ETFs missed expectations. As opposed to the anticipated $300 million in trading volume,…