Down

The post Crypto Market Cap Recovers as Geopolitical Conflict Cools Down, XRP Investors Take Cover in Emerging Platform Algotech appeared first on Coinpedia Fintech News As global tensions begin to ease, the cryptocurrency market is witnessing a decent recovery, drawing investors back into the fray. Amid this resurgence, Ripple’s XRP, though currently facing a notable decline, shows signs of recovery in the altcoin sector. Meanwhile, the deFi trading platform Algotech is gaining traction with its advanced features and promising ALGT…

Two of the most promising altcoins have been beaten down heavily by the current crypto market correction. Is it time to buy $RNDR and $INJ now, before the bull market resumes? $RNDR holding support on previous bull market top Source: Coingecko/Trading View To truly appreciate the opportunity that is being presented by Render (RNDR) one needs to zoom right out on the weekly time frame. The top of the previous bull market of November 2021 can be seen to the…

Missed out on catching Solana's upswing? If you didn't seize the opportunity to invest in SOL during its meteoric rise, don't let FOMO get the best of you. Instead of dwelling on missed chances, it's time to explore new crypto opportunities that could offer similar potential for growth. Just as Solana's surge brought significant gains to early investors, discovering promising projects in their early stages could lead to substantial returns. Embrace the potential of new crypto opportunities and position yourself…

The post Why Crypto Market Is Down Today? Here Are Top Reasons appeared first on Coinpedia Fintech News Today, the crypto market took a nosedive, and here’s a deep dive into what’s going on: The market’s decline has mirrored a broader sell-off in traditional markets, influenced by an uptick in geopolitical tensions and economic uncertainty. So, as traditional markets flinched, cryptocurrencies didn’t miss a beat in joining the plummet. During the afternoon trading hours in the United States, Bitcoin took…

Bitcoin’s correction at the start of Q2 dragged down the Altcoins market, and a “gloomy” sentiment appears to surround investors despite Q1 2024 registering one of the best performances for the crypto market. As prices recover momentum, traders and analysts suggest a brighter future might be around the corner. Altcoins Next Stop: Altseason? On Friday, some traders shared optimistic forecasts for altcoins. According to investor Crypto Jelle, the altcoin market cap chart “looks primed to go on a massive rally…

As the Bitcoin halving approaches, certain lesser-known coins are showing signs of significant momentum. These cryptos, with smaller market values, could show robust growth regardless of bitcoin's next move. Investors are looking for potential breakout stars in this environment, especially given the current bull run. The focus is on four such currencies that are positioned to potentially outperform, attracting savvy market watchers eager to spot opportunities. BlastUP Presale: The 1st Launchpad in the Blast Ecosystem is Live! BlastUP is a…

Bitcoin’s value soared by over 4% as the Grayscale Bitcoin Trust (GBTC) witnessed its lowest daily outflow of $17.5 million on Wednesday. This event marks a potential shift in the crypto market, reflecting a change in investor sentiment amidst volatile conditions. Bitcoin ETF Flows Turn Positive For The First Time in the Week Earlier in the week, GBTC faced substantial outflows totaling over $450 million. However, the outflow dramatically decreased by Wednesday, signaling a possible market stabilization. Michael Sonnenshein, CEO…

The market intelligence platform IntoTheBlock has pointed out what may need to happen before Dogecoin can continue its uptrend and reach new highs. Dogecoin Has Notable On-Chain Resistance Near $0.20 In a new post on X, IntoTheBlock has discussed the recent trend in the price of DOGE and what it would take for the memecoin to register a new high for the year. According to the analytics firm, Dogecoin must solidly break above the level where on-chain resistance is currently…

On-chain data shows that the world’s largest stablecoin issuer, Tether, recently added more Bitcoin to its holdings. The magnitude of the purchase has caused the crypto community to speculate on why Bitcoin’s price has dipped instead when such a development is usually bullish for the crypto token.  Tether Acquires 8,888 BTC Data from the blockchain analysis platform Arkham Intelligence shows that Tether acquired 8,888 Bitcoin on March 31, and the stablecoin issuer now holds almost 75,400 BTC. With its BTC…