Crypto

The cryptocurrency market has recently faced a notable downturn, with Ethereum seeing an 8.2% drop since the launch of its spot exchange traded funds (ETFs) in the US. This decline has sparked investor concerns about when the price might start to rise, with market analysts drawing parallels to the initial decline and subsequent surge seen with Bitcoin ETFs. Despite current market pressures, experts remain optimistic about Ethereum's long-term prospects, especially with potential Federal Reserve interest rate cuts on the horizon.…

The post HSBC Australia To Block All Customer Payments to Crypto Exchanges appeared first on Coinpedia Fintech News HSBC Australia has announced that it will block all customer payments to cryptocurrency exchanges via credit or debit cards, starting from July 24, 2024. The bank cites the high-risk nature of such transactions as the primary reason for this decision. HSBC Australia aims to protect its customers by implementing this payment blockade and plans to further enhance security measures to safeguard against…

The post Donald Trump Has Received Over $4M In Crypto Donations! appeared first on Coinpedia Fintech News As per a CNBC report, Donald Trump has successfully raised more than $4 million in crypto donations thus far. Most of the contributors gave Bitcoin, Ethereum, Ripple-associated XRP and the United States dollar-pegged stablecoin USDC. Precisely, over $2.15 million in Bitcoin came from 19 donors across 12 states. The Federal Election Commission filing showed that the donations also contained a mix of meme…

Crypto analyst Ali Martinez, known as @ali_charts on X, has shared a highly optimistic scenario for the Dogecoin (DOGE) price based on historical price movements and pattern analysis today. Martinez emphasized a repeating cycle in Dogecoin’s market behavior, suggesting a potential for massive gains similar to those observed in previous bull runs. Dogecoin Price Set To Repeat History? According to the analysis, Dogecoin appears to be following a consistent pattern where it consolidates within a descending triangle, followed by significant…

Today’s crypto market crash has resulted in Bitcoin and large-cap altcoins squandering much of this week’s gains.  The Bitcoin price fell to $63,800, down nearly 6% from this week’s high of $68,100. The altcoins are faring much worse, with the Ethereum price down over 9% today. Nevertheless, most experts remain confident that the crypto market is on the cusp of a major bull run. Indeed, smart money traders are searching for the best crypto to buy during the dip.   …

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The post 3 Next Big Crypto Presales to Buy Into in July appeared first on Coinpedia Fintech News July 2024 brings exciting investment opportunities, particularly in crypto presales. We have thoroughly combed through the market, so you don’t have to waste any more precious time on finding gem ICOs. For investors looking for the next big success story, three standout presales—Poodlana, Solciety, and Bitbot — promise to be among the best this year.  Poodlana (POODL): the high-fashion, exclusive presale Poodlana…

The post India’s New Crypto Policy: Cryptocurrency Policy Discussion Paper by September appeared first on Coinpedia Fintech News India is all set to gear up its crypto policy! India plans to release a significant discussion paper on its cryptocurrency policy by September. The paper will outline the country’s stance on digital assets and solicit feedback from stakeholders to shape future regulatory actions. So far there are no laws and crypto enthusiast expects softer crypto rules. Taking lessons from Hong Kong,…

Bitcoin (BTC) bulls have lost the crucial $65,000 level as selling pressure continues to weigh the price down. BTC could continue to drop until the 50-day SMA, where the price may stabilize. However, continued selling pressure could cause BTC to drop down to $62,000.  The crypto market is facing significant liquidations, with Bitcoin and Ethereum’s price drops triggering pandemonium in the markets. The decline in the crypto markets occurred along with a broader downturn in the US markets, with the…