Dip

The post Will UK Dump Bitcoin Following Germany’s Move? Another BTC Dip Coming Up? appeared first on Coinpedia Fintech News After Germany’s recent Bitcoin sell-off spree, the crypto market is speculating whether the UK might follow Germany’s move as the new Chancellor of the Exchequer, Rachael Reeves is under pressure to fund her economic plans. As the Britain government holds a substantial BTC stash, if Reeves decides to sell, rumors suggest a potential market dip.  UK Currently Holds Over $4…

XRP price struggled near $0.6375 and corrected gains. The price is now trading near $0.540 and might remain stable unless it dives below $0.520. XRP price started a downside correction from the $0.6375 zone. The price is now trading below $0.580 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $0.580 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could extend losses if there…

The XRP price has staged an impressive rally in recent days, but this came to an abrupt end yesterday. After rising to as high as $0.6378, it plummeted by more than 11% temporarily. Nevertheless, the popular crypto analyst Dark Defender (@DefendDark) remains bullish in the short-term, even if the dip could widen further in the short term. XRP Price Could Eclipse The $1 Mark Again According to him, the XRP price is in a promising short-term uptrend towards the $1.03…

The post Forget Pepe Coin During The Dip: This Meme Coin Could Be the Next Big Crypto appeared first on Coinpedia Fintech News Pepe Coin made all the hype and noise earlier this year. This has been primarily because this frog-themed meme coin was hitting back-to-back new all-time highs in just a few days.  But the dust seems to have settled down. Investors might be puzzled as to which coin can potentially replicate similar price pumps. This is where Doge2014…

The post Buy The Dip: List of Market-Leading Altcoins For Favorable Returns appeared first on Coinpedia Fintech News According to analyst Nicholas Merten, altcoins are becoming interesting again. He also explained how to spot market-leading altcoins. The analyst said that momentum is starting to build, making it a good time to consider altcoins. The current market range is more favorable compared to April or May when profits were taken. Despite recent gains, the altcoin market still has room to grow.…

The price of Bitcoin has continued a mild recovery in the last 24 hours following the recent price plunge in the first week of July. According to data from CoinMarketCap, BTC is up by 1.11% in the last day as the market bulls appear to gather momentum for a full-price rebound. Interestingly, the on-chain analysis platform, IntoTheBlock has provided some insights into the resilient behaviors of these Bitcoin optimists amidst the current market downtrend. Bitcoin Whales Acquire 71,000 BTC In…

Institutional Bitcoin investors have significantly increased their holdings amidst the recent price decline, acquiring over 100,000 BTC (approximately $5.7 billion) over the past week. Unlike earlier peaks driven by ETF inflows, this current surge in institutional holdings suggests a strategic accumulation phase rather than short-term fundraising, indicating a resilient demand from larger players amidst broader market uncertainty. As the bitcoin price flirts around the multi-month low levels, on-chain data shows that institutional players have been buying the dips. On-chain data…

The post BTC Bounces Back: Is It Too Late to Buy the Dip? These Cryptos Are Still a Deal appeared first on Coinpedia Fintech News The cryptocurrency market is showing a calm before what many anticipate to be a major bull run. Bitcoin (BTC) has recently rebounded, capturing the attention of both novice and seasoned investors. With altcoins still sitting at low prices, there is a buzz that they are poised to explode. The current landscape offers a tantalizing opportunity:…

Bitcoin is moving sideways at press time, absorbing the wave of selling over the last week. Even though there are some optimists, the candlestick arrangement in the daily chart points to weakness. This preview, at least from a technical angle, remains as long as prices trend below the round number of $60,000 and the liquidation level at around $66,000. Binance Bought The Bitcoin Dip Amid the recovery, one analyst, pointing to interesting on-chain data, observed that when prices fell last…