Crypto

The post Boom or Bust? Hong Kong’s Crypto ETFs Launch Amid Regulatory Caution from Chinese Officials appeared first on Coinpedia Fintech News The launch of Bitcoin and Ethereum exchange-traded funds (ETFs) in Hong Kong has sparked excitement among investors globally, with cryptocurrency prices seeing a notable surge in response. This development highlights Hong Kong’s ambition to position itself as a key hub for digital asset investments.  However, amidst the enthusiasm, recent remarks from Chinese regulators have raised concerns and cast…

The post Bitcoin Price Dips: Is the Crypto Bull Rally Over? Experts Weigh In appeared first on Coinpedia Fintech News The crypto market hit a rough patch over the weekend, with Bitcoin leading the downward spiral by dropping 5.6% to around $62,500. This fall came after a period of stability, where Bitcoin hovered near $62,243 throughout the week. Alongside Bitcoin, other major players like Ethereum, Solana, and XRP also saw declines, signaling a broader trend of downturn. The total market…

Cold Blooded Shiller (@ColdBloodShill), a well-known figure in the crypto analysis community, recently shared a technical analysis of the PEPE/USDT pair on Binance, marking it as one of the most promising charts in the current market landscape. With his analysis, posted to his 272,000 followers on X, he describes the potential movements of PEPE, both bullish and bearish, as it approaches a critical juncture on its trading chart. Why PEPE Is One Of The Most Attractive Crypto’s Right Now The…

In terms of price performance, BEFE has surpassed the records of many memecoins and is currently one of the top coins in investors' lists. After a big surge of 550% and a deep correction, BEFE has all the potential to yield a huge bounty. BEFE has again started taking leaps in its price performance. Investors’ interest in BEFE is rising as the coin expands and becomes a lucrative spot of investment. In addition to strong community support, BEFE has an…

X, led by Elon Musk, plans to integrate financial services, sparking speculation about crypto adoption. With licenses in 25 U.S. states, X might allow seamless crypto transactions within its platform. Twitter, now rebranded as X, has stirred speculation regarding its potential integration of cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin. Under the stewardship of Tesla billionaire Elon Musk, the social media platform has obtained money-transmitting licenses in 25 U.S. states, igniting rumors of a significant shift toward financial services integration. Christopher…

Crypto analyst DonAlt has outlined a scenario where the Bitcoin price could drop to as low as the mid-$40,000. He further suggests that this price breakdown might be necessary for the continuation of BTC’s bull run. How Bitcoin Could Drop To As Low As $47,000 In an update to his Bitcoin analysis, DonAlt noted that Bitcoin had dropped back to around the $60,000 price range and could eventually break that support if it continues to be tested. From the accompanying…

Recently, a seasoned crypto investor, Daan Crypto Trades, offered a fresh perspective on evaluating altcoin market sentiment. Daan believes the ETH/BTC ratio is a superior indicator of altcoin market sentiment over the SOL/BTC ratio, showing data that suggests the potential for an upcoming altcoin season. ETH/BTC vs. SOL/BTC: Decoding The True Alts Barometer Daan Crypto Trades has challenged the emerging view that SOL/BTC might be a better gauge for altcoin strength, arguing instead for the enduring relevance of ETH/BTC. According…

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On-chain sleuth ZachXBT has published a report on the history of Lazarus Group – the infamous North Korean hacking group responsible for some of the largest crypto thefts in the industry’s history. The article tracks 25 hacks affecting individuals and companies in crypto through which Lazarus laundered $200 million from digital assets to fiat between 2020 and 2023. Lazarus Group’s $200 Million Money Trail The analyst examined several six-figure crypto wallet hacks over the past several years, including hacks on…