Increase

XRP price is correcting gains from the $0.570 resistance. The price is stable above the $0.5240 support and might aim for a fresh increase in the near term. XRP started a decent increase and climbed above the $0.550 resistance. The price is now trading above $0.5250 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.5320 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair…

The cryptocurrency market may be experiencing a cool down, but one meme coin is refusing to catch a cold. PEPE, a token emblazoned with the internet’s famous frog, has defied recent bearish trends with a surge in price and trading activity. This resilience has fueled speculation of a potential “bullish breakout” in the coming days, with some analysts predicting astronomical gains. PEPE Weathers The Storm While Bitcoin and Ethereum have taken a breather in recent weeks, PEPE has exhibited surprising…

CryptoQuant analysts have found that Bitcoin miners have increased their selling activity in the last month amid slow demand growth for BTC. According to the latest CryptoQuant weekly report, the decrease in BTC demand is evident in low Bitcoin whale demand, fewer purchases from spot exchange-traded funds in the United States, and the Coinbase premium falling below zero. Miners Increase Selling Activity Miners have sent a large amount of BTC to spot exchanges, creating an imbalance in the market. Since…

Solana has seen a significant uptick in adoption per a recent survey. Bitcoin is generally the most embraced cryptocurrency among investors. A recent report from CoinShares reveals a rising appeal on the Solana (SOL) blockchain amid increased allocation from institutional investors. The report highlighting the growing optimism surrounding Solana is based on a survey of 64 investors collectively managing assets worth $600 billion, according to James Butterfill, Head of Research at CoinShares. Investors Turn to Solana According to the details,…

The cryptocurrency industry has experienced a shift in season, and this has led to the impressive uptrends experienced in the crypto space. Financial backers in each area, as was normal, are continually searching for reasonable choices that will permit them to create a decent gain from the business. Bitgert has emerged as the crypto industry’s hot cakes thanks to their consistent upswings and features, from which many investors have benefited greatly with many tipping it for a blast soon. Let’s…

The post Crypto Expert Predicts a 1000% Increase in BlastUP: Analyzing the Credibility appeared first on Coinpedia Fintech News Orbid, a famous social media influencer and cryptocurrency expert renowned for identifying high-potential cryptos, recently highlighted BlastUP in a post on X. He suggests that the token is currently undervalued and could soon reach $10.   The fact that this reputable crypto analyst has added BLP to a must-watch list is a meaningful sign. This article delves into the reasons behind the…

The post BONK Price Leads Memecoin Rally with a 122% Increase, Surpassing PEPE appeared first on Coinpedia Fintech News Despite recent market turbulence, meme coins on the Solana network defy the trend, showing resilience and significant gains. Bonk (BONK) stands out with a remarkable 130% surge in 12 days, while PEPE lags with 109.8% gains. This surge reflects investor sentiment shifting towards higher-risk assets, especially as the Bitcoin craze fades and the market becomes more favorable for meme coins. Bonk’s…

Terra Luna Classic takes a proactive measure against possible spam attacks with the introduction of Proposal 12097 which would also increase validators’ commission from 0% to 2.5%. According to the proposal, increasing the minimum commission would motivate small validators to invest in better infrastructures to mitigate attacks.  Tera Luna Classic (LUNC) takes a drastic approach to revolutionize its ecosystem with a series of approved proposals subject to voting. Over the years, developers have pointed out possible risks to the likes…

The post Ethereum (ETH) Surge Drives 15% Increase in Shiba Inu (SHIB), Furrever Token (FURR) Eyes Up to 15X ROI appeared first on Coinpedia Fintech News In the wake of Bitcoin’s halving, the cryptocurrency market witnesses a significant resurgence, with Ethereum (ETH) leading the charge with a notable surge, catalyzing a 15% increase in the value of Shiba Inu (SHIB). Amidst this dynamic landscape, a new player emerges with promising prospects—Furrever Token (FURR). Positioned as the next big meme coin,…