Decline

Business intelligence company MicroStrategy continues to increase its bitcoin stash, with a recent purchase of 122 BTC for nearly $8 million. In 2024 alone, the NASDAQ-listed giant has bought over 25,000 BTC. The company, which continues to remain the world’s largest corporate holder of Bitcoin, also reported a net loss and a decline in revenue in the first quarter of 2024. In April, @MicroStrategy acquired an additional 122 BTC for $7.8 million and now holds 214,400 BTC. Please join us…

Memecoin and Toncoin plummet, trading on the downside. Rebel Satoshi Arcade is a surprising winner, seeing rising investor interest in presale. By combining GameFi, memes, NFTs and merch, it stands out. The market has been trading sideways since Bitcoin (BTC) registered a new peak in March. With bearish pressure lingering, Toncoin (TON) and Memecoin (MEME) trade on the downside. However, a market bounce-back might be imminent, considering the completed fourth Bitcoin (BTC) halving. Nevertheless, we recommend smart investment and doing…

The post Ethereum Sees Decline In Whale Interest Amid Rising Bearish Threats: What’s Next For ETH Price? appeared first on Coinpedia Fintech News Ether price witnessed a severe drop a few days ago, currently failing to maintain a trading position around $3,300. Whenever ETH approached the $3,000 mark, buyers stepped in, defending the support. However, those short-term buyers then exit the market at a peak price. As a result, there’s a steep decline in whale interest, resulting in a decline…

Grayscale leaves no stone unturned as it adds 32K LTC ($2.3 million) to its Grayscale Litecoin Trust amid the asset falling by over 30%. An analyst predicts that LTC could replicate a pattern that sees its price reaching $370 after remaining stagnant within the $100 zone.  Grayscale embarks on a buying spree following an extensive downward trend in the altcoin market that has seen assets losing between 30-40% of their previous value. According to market data, Litecoin (LTC) emerged as…

The post While KAS has been on the decline, Crypto whales focus attention on INJ and Raboo (RABT) appeared first on Coinpedia Fintech News As KAS experiences a downturn, crypto whales pivot their focus towards promising prospects like INJ and Raboo (RABT). Raboo, with an enticing second phase token presale price of $0.0036, poised for a potential 100x surge in 2024, spearheads the $62 billion meme coin market, offering a lucrative investment opportunity.  Read on and delve into these emerging…

Amid Bitcoin’s positivity, several analysts and traders have been dropping positive trends, which keeps investors optimistic. Recently, renowned economist Timothy Peterson predicted that Bitcoin’s value could skyrocket to $5 million in about 23 years, with an average yearly growth rate of 22%. As this raises the anticipation around Bitcon (BTC) price, other coins are showing significant price movement. For instance, the Dogecoin (DOGE) token is experiencing decline after recently hitting peak prices. Meanwhile, KangaMoon (KANG) is already garnering close to…

TL;DR The meme coin sector has seen a significant downturn, with its market cap shrinking by around 5% in the past 24 hours. Despite the downturn, the upcoming Bitcoin halving may trigger a rally, offering a potential rebound for meme coins due to their volatility and tendency to follow BTC’s price trends. The Meme Coin Sector Flashes Red The cryptocurrency market has been going through a severe correction in the past several days, with Bitcoin (BTC) briefly nosediving to $60,000 while Ethereum…

Bitcoin miners are experiencing a significant drop in stock prices as the upcoming halving is slated for later this week. The fourth Bitcoin halving, around April 20, will slash mining rewards by half to 3.125 BTC, currently valued at approximately $200,000. Bitcoin Miner Stocks Decline The stock prices of Marathon Digital (MARA) and Riot Blockchain (RIOT), key players in Bitcoin mining, have experienced significant declines, dropping by approximately 53% and 54%, respectively, from their peak values earlier this year in February,…

Solana (SOL) has faced scrutiny due­ to uncertainties surrounding its future price­ potential. Declining dece­ntralized exchange (DEX) trade­s and bearish indicators like the Ave­rage Directional Index (ADX) sugge­st potential network limitations and transaction failures, hinting at a pote­ntial decline to $137. Howeve­r, InQubeta (QUBE) has emerge­d as a noteworthy competitor to Chainlink’s (LINK) dominance. This ne­w player has attracted attention from influe­ntial investors or “whales,” potentially shaking up the­ market dynamics. InQubeta ranks among the best altcoins with its groundbreaking…