Crypto

Big investors in the crypto world often keep their strategies secret. However, some coins are catching their eye right now. In the article, discover the top three cryptocurrencies that are being accumulated by savvy players, paving the way for potential growth. Excitement and insights await for those eager to stay ahead in the crypto game. Axelar (AXL): Poised for a Major Upswing Axelar (AXL) is currently trading between $0.4982 and $0.5930, with a recent surge of 16.91% showcasing its potential…

The post Fed Chair Powell’s ‘Time Has Come for Rate Cut’ Fuels Crypto Rally appeared first on Coinpedia Fintech News Today, August 23, 2024, Federal Reserve Chair Jerome Powell’s speech at Kansas City has turned the overall cryptocurrency market green. Powell’s speech strongly indicates that interest-rate cuts are coming. Powell’s Signal on Interest Rate Cuts Following the speech, the overall cryptocurrency and US Stock markets have rallied significantly. In his speech, Powell stated, “The time has come for policy to…

The post The Aftermath of Crypto Hacks: Nearly 80% of Tokens Fail to Recover Post-Exploit appeared first on Coinpedia Fintech News A new report from Immunefi highlights a stark reality for the cryptocurrency market: tokens hurt by hacks find it difficult to revert the loss and this often extends to a few years. it impacts even well-established projects as evidenced by the fact that close to 80% of the tokens ended up being negatively impacted. Crypto Hacks: Why Recovery Takes…

The post These Top AI Tokens From Grayscale Decentralized AI Fund Could Beat the Crypto Market? appeared first on Coinpedia Fintech News As the recovering crypto market faces multiple hurdles, Bitcoin is stuck at the $60,000 resistance. Amid this, the altcoins market is gearing up for a bull run, and the AI tokens are pushing the throttle up.  Ranking among the top performers, the AI tokens are gaining momentum and tease a potential rally ahead. While the broader market seems…

Crypto analyst @XForceGlobal shared a new video chart analysis focused on Cardano (ADA), a cryptocurrency that many are dismissing as a “dinosaur coin” at the moment. In the analysis, XForceGlobal (@XForceGlobal) provided an in-depth look at Cardano’s current position within the Elliott Wave cycle, suggesting that ADA is on the of entering a strong upward phase, commonly referred to as “Wave 3.” Cardano Price Could Soar To $2.88 The analyst compares the current price action of ADA to that of…

Bitcoin (BTC) has held firm above $60,000, although its price has not seen much movement. The asset is trading around the $60,700 price level. The crypto market cap currently stands at $2.15 trillion, an increase of 0.72% over the past 24 hours.  While BTC has gained around 21% since dipping below $50,000 on August 5, it has struggled to stay above $60,000. BTC’s sluggishness could be blamed on investors looking to balance risk, who have pivoted to bonds and stocks…

The post Savvy Crypto Trader Makes $3 Million in Just 5 Hours by Sniping CAT Token appeared first on Coinpedia Fintech News The revival of crypto markets and the launch of numerous new cryptocurrency projects have provided daring investors with many chances to make millions in just a few hours, sometimes from just a few hundred or thousand dollars. This kind of achievement was recently highlighted by the blockchain analytics platform Lookonchain, which tracked a trade where a savvy trader…

The memecoin FLOKi is leading today’s crypto market with a rally of +12.8% in the last 24 hours, sharing the top spot with Artificial Superintelligence Alliance (FET) which is up +12.2%. The price surge can be several developments and partnerships, most notably involving Binance and the upcoming airdrop of Simon’s Cat (CAT) token. #1 Binance Supports CAT Airdrop To FLOKI Holders Probably the most important factor fueling today’s FLOKI price rally is the announcement that Binance, the leading global crypto…

The world of cryptocurrency is often seen as a place where fortunes can be made overnight, and the current buzz around Pepe Unchained (PEPU) and Mpeppe (MPEPE) is a testament to that. As both tokens continue to gain traction in their presale stages, investors are flocking to these new opportunities with hopes of achieving significant returns, possibly even millionaire status. Here’s a closer look at why these two projects are capturing so much attention. Pepe Unchained (PEPU): A New Powerhouse…