Crypto

The new debit card by MetaMask allows users to make direct cryptocurrency payments from their MetaMask wallets wherever Mastercard is accepted. MetaMask Launches Pilot Debit Card MetaMask has taken another step in bridging the gap between cryptocurrency and everyday spending by launching a pilot of the MetaMask Card in partnership with Mastercard and Baanx. This new debit card allows users to purchase directly from their MetaMask wallets wherever Mastercard is accepted, marking a pivotal advancement in crypto adoption. A New…

The post Is the Next Crypto Market Crash Coming? How Japan’s Economic Shifts Might Impact Bitcoin appeared first on Coinpedia Fintech News The cryptocurrency industry, led by Bitcoin (BTC) and Ethereum (ETH), has been attempting to recover from the recent global market crash. The rising correlation divergence between major stock indexes and Bitcoin has increased fear of further crypto capitulation.   While Bitcoin price has hovered around $58k in the past 24 hours, Japan’s NIKKEI 225 Index jumped nearly 4 percent…

The post Donald Trump’s $3.6M Crypto Secret and $7.2M NFT Jackpot Found appeared first on Coinpedia Fintech News As the 2024 election heats up, former President Donald Trump is making headlines with his $3.6 investments in cryptocurrency and a surprising windfall from NFTs. Recent financial disclosures have shed light on Trump’s growing crypto portfolio and his impressive earnings from digital assets.  These substantial holdings highlight his positive stance on cryptocurrency and contribute to increasing optimism in the crypto market. Trump…

As the broader crypto market consolidates, one industry analyst has identified a select group of altcoins that could see exponential gains during the anticipated “super-cycle” expected in the latter half of 2024. In a detailed social media post, the analyst, known as OxNobler, delves into the cyclical nature of the crypto market and highlights the factors driving the impending uptrend phase. Crypto ‘Supercycle’ Imminent? According to OxNobler, the crypto market consistently follows a four-phase cycle: Accumulation, Markup (Uptrend), Distribution, and Markdown…

Bitcoin (BTC) briefly fell below $58,000 once again as the crypto markets shed almost $80 billion, with major altcoins also seeing red. BTC’s drop took the asset’s price to its weakest level since the market panic witnessed in the first week of August, with ETH also dropping 4.5%. BTC fell to an intra-day low of $56,165 on Thursday.  However, this time, traditional stocks are in the green, with Nasdaq and S&P 500 erasing their early August losses.  A New Downturn?…

The post Crypto Market Correction: Bitcoin Retests $56K Mark, Ethereum Price Holds $2,500 Level! appeared first on Coinpedia Fintech News The cryptocurrency market has recorded a strong bearish action over the past day. Notably, with a trading volume of $74.7 Billion (+7.40%), the valuation has recorded a drop from $2.08 Trillion to $2.05 Trillion, a change of -1.23%. Moreover, the price of Bitcoin failed to hold momentum, resulting in it retesting its low of $56,000 during the early Asian trading…

On average, a crypto bear market lasts about a year, sometimes extending to two. This phase occurs when supply surpasses demand, causing prices to decline over an extended period. One of the most severe bear markets unfolded in 2022. During this time, FTX, one of the largest crypto exchanges by trading volume, collapsed following a massive bank run. The downfall triggered a ripple effect, leading to the collapse of several hedge funds and lending protocols, marking a significant low point…

Arthur Hayes, a well-known crypto investor and former CEO of BitMEX, has reportedly made a major purchase of the little-known altcoin Aethir (ATH), amounting to 11.4 million tokens, valued at approximately $779,000. This transaction was identified and reported by on-chain data analytics firm Lookonchain. According to the firm, the purchase was made on crypto exchange OKX. Shortly after Hayes’ acquisition, another purchase was reportedly made by a whale. A different anonymous investor acquired 28.87 million ATH, worth around $1.95 million,…

The Bitcoin price continues to trade sideways, as uncertainties on the macro side have made investors undecided about their next move. Crypto analyst Michael van de Poppe has provided insights into Bitcoin’s price trajectory and has raised the possibility of the crypto dropping to as low as $48,000.  What Could Make Bitcoin Drop To As Low As $48,000 Van de Poppe mentioned in an X (formerly Twitter) post that Bitcoin could break below $56,000 and drop to a price target…