History

Dubai, United Arab Emirates, October 1st, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to unveil the World Series of Trading (WSOT) 2024, the world’s longest-running crypto trading competition. This year, WSOT pushes boundaries, integrating centralized and decentralized trading, allowing participants to experience the trustless trading of the future.  Game-Changing Features Traders Will Love Individual traders can battle in three arenas depending on their capital size: lightweight, middleweight, and heavyweight. With separate prize pools for…

The post Ripple (XRP) Completed Biggest Bull Flag in History, What This Means for an Altcoin Season appeared first on Coinpedia Fintech News Ripple (XRP) is near the conclusion of the biggest bull flag in history, a technical pattern that could signal a major breakout in the cryptocurrency market.  This development could spark a new altcoin season, with the emerging RCO Finance (RCOF) poised to capitalize on the potential market upswing. Let’s explore the details of this bullish outlook and…

Following its renewed peak above $73,000 back in March, Bitcoin has been experiencing a prolonged period of price stagnation ever since, leaving many investors wondering about the potential for future movements. According to a recent analysis by a CryptoQuant analyst under the pseudonym ‘Avocado,’ this stagnation may bear a resemblance to a similar pattern observed in 2019. Why Is Bitcoin Price Still Below $60,000? In the report uploaded on the CryptoQuant QuickTake platform, the analyst suggests that the lack of…

The post Ethereum Lending Markets Face 2nd Largest Liquidation in History Amid ETH Plunge! appeared first on Coinpedia Fintech News The Ethereum on-chain lending markets witnessed the 2nd largest wave of liquidations, after the 2021 market correction. The sharp move comes with the Ethereum token price falling 22% month-over-month, with the lowest price point marking a 35% drop. The massive sell-off triggered liquidations worth $436 million throughout Ethereum’s lending platforms. On the contrary, AAVE took a massive hit for $289…

One of the favorite meme coins has again been in the headlines. Recent price action suggests that Dogecoin might probably be bottoming as it sets itself in for what could turn out to be a big bull run. This has market observers looking toward some specific technicals that have signaled price surges in recent weeks. These indicators, marked through green and red lines, are currently penetrating, which raise hopes that the rally could start from the first week of September.…

Following the Bitcoin price surge back to $64,000, crypto analyst Rekt Capital is predicting a major breakout move in the coming weeks. In a new video analysis, the analyst forecasts a significant market movement around October 2024, based on historical precedents and current chart patterns. Will October Be Bullish For Bitcoin Again? Looking at the weekly chart, Rekt Capital identifies a downtrending channel. Over the past four weeks, BTC has been deviating below this channel, searching for support that would…

The rejection of lower prices after the climactic drop in early August assuaged trades. Despite the welcomed recovery, Bitcoin bulls are yet to build on the momentum and break above the local resistance levels. Even so, traders are optimistic, expecting buyers to take charge and resume the uptrend set in motion in Q1 2024. In their forecasts, more analysts think any breakout above $72,000 and July highs could spark a wave of demand that may see Bitcoin record fresh all-time…

Austin, USA, August 6th, 2024, Chainwire Bitcoin Startup Lab has initiated the Bitcoin Olympics along with other Bitcoin industry leaders, the largest online Bitcoin hackathon to date. Running from August 1st to 27th, the event will culminate in an award ceremony at BTCON on September 4th, celebrating the achievements of participants and the collaborative efforts of Bitcoin Olympics Partners and the Bitcoin ecosystem. Event Highlights Bitcoin Startup Lab, in partnership with leading Bitcoin innovators, has established a projected prize pool…

The post If History Repeats, Could Bitcoin Face 1930s-Style Regulation? Should You Support Trump? appeared first on Coinpedia Fintech News Bitcoin has now gone 137 days without reaching a new all-time high and this comes after the Bitcoin Nashville conference over the weekend, where former President Donald Trump delivered a speech. According to analyst Jason Pizzino, this phase marks the peak of the cycle where everything appears to be going up, including Bitcoin, other cryptocurrencies, stock markets, and real estate.…