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In the early morning of today’s Asia time, Jack Dorsey, CEO of Block Inc., revealed the company’s latest plan. Dorsey stated that it intends to purchase Bitcoin (BTC) monthly, utilizing the dollar-cost averaging (DCA) method. This move highlights Block’s commitment to integrating Bitcoin into its financial strategy. Moreover, it also emphasizes Dorsey’s position as a prominent “Bitcoin maximalist.” Details of Block’s Bitcoin DCA Strategy Unveiled Dollar-cost averaging is an investment approach where the same dollar amount is invested in a…

The expected crypto euphoria after the Bitcoin halving has not yet materialized, and the markets are taking a beating. Aptos has seen a massive loss, while the Cosmos price is not looking good either. Can these tokens recover, or should investors opt for new coins that may be the fastest-growing cryptos to offset their losses? Aptos (APT): Price Halving for Bitcoin Halving. At the time of writing, Aptos has lost over 50% of its value in the last month. It…

BEFE Coin has come onto the crypto scene in explosive style, now overtaking much more established cryptocurrencies PEPE and SHIBA INU. We took a look at the strategies and innovations that are driving its success. The Rise of BEFE BEFE Coin is quickly taking their pace ahead of the others in this meme coin game, like BEFE Coin turns to become a frontrunner in the cryptocurrency scene, trying to do some dethrone work against predecessors like the Doggy and Frog…

The rise of Bitgert has br so many top cryptocurrencies considering the massive uptrend it has gotten and astounding returns it has given to potential investors and traders since its development into the crypto market. This has staggeringly made progress in its proposition, with various specialists and brokers considering it to be a chance to use for what’s to come. In addition, specialists are estimating this month to be a dangerous month for bitgert coin Cost. The engaging idea of…

The post Why Bitcoin Price Was Down In April Month? What Next For BTC Price? appeared first on Coinpedia Fintech News Bitcoin and the broader cryptocurrency market faced a downturn on Monday, driven by anticipation of a significant Federal Reserve meeting later this week.  As investors speculated about the meeting’s implications, the potential for a longer period of higher interest rates created uncertainty, leading to a sell-off. Bitcoin fell to a one-week low of $61,928 in early trading before recovering…

The post Why Is the Market DOWN Today? Should You Buy the Altcoin Dip? appeared first on Coinpedia Fintech News The cryptocurrency market is experiencing a downturn, leaving investors eyeing the shifting prices closely. The question on many minds is whether it’s the right moment to take advantage of the lower prices of various altcoins. Factors that might be influencing market movements are varied and complex. As we move further into the bull run of 2024, understanding these elements is…

Dogecoin (DOGE), the foremost meme coin, is down over 6% in the last 24 hours according to data from CoinMarketCap. This downtrend can be attributed to the price movement of the flagship crypto, Bitcoin.  Dogecoin Drops Alongside Bitcoin Dogecoin’s price also experienced a sharp decline as the flagship crypto dropped from over $66,000 to below $64,000 in the last 24 hours. Altcoins like DOGE are known to experience a similar downtrend whenever Bitcoin’s price records a correction like the way…

The crypto market is in the red today, with a majority of the top-100 cryptocurrencies reflecting losses over the last 24 hours. Notably, only six altcoins, including two stablecoins, have managed to maintain a positive performance amidst a broader market sell-off. Several complex and intertwined factors have contributed to the day’s negative market sentiment, affecting major cryptocurrencies. Over the last 24 hours, the price of Bitcoin has decreased by 4.2%, Ethereum has fallen by 5.0%, Solana has dropped by 8.7%,…

The recent market downturn exposed the vulnerability of some cryptocurrencies like Solana which suffered huge losses. Amidst the market volatility, Octoblock seemed unaffected by the downward trends. Let’s explore why Octoblock emerged unscathed. Why was Solana Price Hard Hit? The optimism that saw Solana price surge by 61% in March came tumbling down after the broader crypto market witnessed a downturn attributable to the geopolitical space. Of course, the Solana network congestion played a role. Solana’s SOL token saw a…