Crypto

The post Crypto Frenzy: Hamster Kombat’s Potential Binance Listing and What It Means appeared first on Coinpedia Fintech News The world’s largest cryptocurrency exchange, Binance, has hinted at something big by adding Hamster Kombat ($HMSTR) to its platform. This news has thrilled the crypto community, sparking curiosity and enthusiasm among traders and investors. The Hamster Kombat community has been eagerly waiting for the airdrop and exchange listing. Listing on Binance After its recent listing on CoinMarketCap, Hamster Kombat has now…

The post Top Altcoins Boosted by Crypto Whales appeared first on Coinpedia Fintech News In a rough crypto market, Ethereum (ETH), Ondo (ONDO), and Pepe (PEPE) are attracting attention from big holders. Despite the downturn, these coins are holding strong and showing promise. Whales are betting heavily on them, believing they have a bright future. Read on to figure out why these picks are getting noticed by major players. Ethereum (ETH) Opening our exploration is Ethereum (ETH). The coin is…

The post Top 5 Crypto To Watch In August 2024 appeared first on Coinpedia Fintech News Today’s crypto market Is down with the total marketcap falling 4.61% to $2.19T in the last 24 hours. Major performing altcoins were also impacted by the overall bearish environment.  This comes after a series of notable events like the US Job report, BTC Spot ETF massive outflow of $237 million, and US Stock market washout of $3 Trillion. Bitcoin price today faces nearly 10%…

Ethereum (ETH) is currently trading at $3,200, reflecting a notable drop of 7.9% over the past 24 hours amid a broader crypto market decline. This downturn follows a period of significant volatility triggered by recent developments, including the distribution of Mt. Gox assets and the underperformance of newly launched Ethereum ETFs. Despite the recent struggles, Ethereum remains a key player in the crypto space, with its price fluctuating in response to market conditions and macroeconomic factors. Meanwhile, experts are turning…

The post Crypto Market Crash: Early Signs of Recession as Fed Maintains Tightening appeared first on Coinpedia Fintech News Crypto is down due to the Fed delaying rate cuts, heightened tensions in the Middle East, and a lower likelihood of “crypto president” Donald Trump being elected in November. Austin from Altcoin Daily highlights an alarming crash scenario looming on the horizon. Over $2.9 trillion has been wiped out from the stock market, marking the worst single-day loss since the 2020…

The post U.S. Inflation Reaccelerates: Core PPI Hits Highest Level Since 2022, What It Meant For Crypto  appeared first on Coinpedia Fintech News Recent data indicates that U.S. inflation might be on the rise again. New figures reveal that the Producer Price Index (PPI) has increased, reaching levels not seen in the past 15 years. As inflation starts to rise again, it could impact various financial markets, including cryptocurrencies. Core PPI Inflation Rises Sharply In June, core Producer Price Index…

Avalanche (AVAX) has recently experienced a notable 10% drop from its local high, falling from $29.55 to $26.19. This decline mirrors broader market uncertainties and has led to a shift in investor sentiment. As traders react to the changing conditions, the cryptocurrency market is seeing a reassessment of investment positions. Amid this shifting sentiment, investors are increasingly turning to MoonTaurus (MNTR), a new cryptocurrency currently in its presale phase. With an early price of $0.005 and a projected launch price…

Bitcoin’s (BTC) attempt at a modest rally during US trading hours on Friday was swiftly quashed. The largest cryptocurrency experienced a sharp drop, falling from $65,000 to below $62,000. This sudden decline triggered a wave of liquidations, erasing $290 million in both long and short positions over the past 24 hours. Bitcoin Sinks Below $62,000 The recovery rally ahead of the FOMC meeting and positive July CPI data fostered a bullish sentiment. However, the long-anticipated rate cut was delayed, with…

The post Rollblock and Solana To Steal The Crypto Show In August; Investors Shun MATIC Due To Doubts appeared first on Coinpedia Fintech News As August unfolds, the cryptocurrency market is witnessing a significant shift in focus, with Rollblock and Solana emerging as the frontrunners. Investors have caught on to these two platforms, with Rollblock lauded as the best crypto to buy now. On the other hand, cryptos like MATIC are losing investors due to doubts about their profit potential.…