Dip

Solana (SOL) has been on a rollercoaster ride of late, with its its value seeing erratic shifts and even retreating in many instances. For Solana, the sharp swings in the market have presented a difficult picture; nevertheless, experts still have optimism. They see this as a passing phase even with the downward pressures. The altcoin’s technical developments point to an interesting future. At the time of writing, SOL was trading at $150, down 6.2% and 17.1% in the daily and…

Amid a notable decline in Bitcoin's value, savvy investors are seizing the opportunity to bolster their portfolios. This strategic accumulation signals potential lucrative outcomes as the market anticipates a resurgence. This article delves into three cryptocurrencies poised for significant growth in the impending bull rally: Avalanche (AVAX), Toncoin (TON), and TRON (TRX). Avalanche (AVAX) Faces Bearish Trend, Yet Eyes Impressive Potential Upside Avalanche (AVAX) has experienced a significant downturn, with a one-month performance showing a nearly 16% decline and a…

The post Bitcoin Price Prediction August: Prepare for Dip to $48k Before the Bull Rally! appeared first on Coinpedia Fintech News After opening August with a bearish outlook, Bitcoin’s (BTC) price continued to bleed in the past 24 hours. The flagship coin had slipped more than 2 percent to trade at about $63,981 on Friday during the early European session.  The trend extended to the altcoin market, pushing the total cryptocurrency market cap to about $2.39 trillion. This drop led…

Both crypto whales and the business intelligence giant MicroStrategy have heavily invested in Bitcoin, leveraging the recent drop in its price. Combined, their investments exceed $302 million, indicating a strong bullish outlook despite market volatility. Crypto Whales Buy the Bitcoin Dip MicroStrategy enhanced its Bitcoin portfolio by adding 169 BTC worth $11.4 million in July. This recent acquisition brings the company’s total holdings to 226,500 BTC, currently valued at around $14.6 billion. MicroStrategy spent $8.3 billion to buy these BTC…

Crypto prices saw a broad-based decline today on Thursday, with Bitcoin trading as low as $63,300.  This is despite Fed Chair Jerome Powell adopting a dovish stance after Wednesday’s FOMC, indicating that interest rate cuts could come as early as September.  Despite the weakness in large-cap cryptocurrencies, low-cap meme coins such as Base Dawgz continue to show strength in their respective presales. Experts are even calling DAWGZ one of the best crypto to buy after today’s dip.  Why Did Crypto…

An analyst from the CryptoQuant QuickTake platform has now drawn attention to a particular trend tied to the Coinbase Premium Index (CPI) which currently suggests a grim move brewing for Bitcoin. This indicator, when placed with its Simple Moving Average over 14 days (SMA14), has often shown a significant correlation with Bitcoin’s selling pressure, shedding light on how crucial its impact is on the market. Bull or Bear: What the Coinbase Index Tells Us Before diving into what the Coinbase…

The new Hawk Tuah meme coin crashed today on Thursday, squandering all of yesterday’s gains. The meme coin now has a market capitalization of just over $500k, as compared to the $2.7 million all-time high valuation that it recorded yesterday. The meme coin is down nearly 72% over the past 24 hours, despite some recovery in the past few hours. However, another new meme coin - Base Dawgz (DAWGZ) - is stealing the spotlight from HAWK. It has already raised…

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.   …

The cryptocurrency market remains as volatile as ever, with new projects emerging and old favorites facing challenges. Recently, Shiba Inu (SHIB) has experienced a notable downturn, leading many investors to seek alternatives. One such alternative that has gained significant attention is Mpeppe (MPEPE). Let's explore why Shiba Inu's recent dip has turned investor interest towards Mpeppe and what makes Mpeppe a promising investment. Mpeppe (MPEPE) Presale Success Mpeppe (MPEPE) is currently in Stage 2 of its presale, trading at $0.00107…