Investors

Data shows the investors in the Ethereum derivatives market have been taking on very high leverage recently, something that could lead to volatility for the asset. Ethereum Estimated Leverage Ratio Has Been At Extreme Levels Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the ETH Estimated Leverage Ratio has been on the up recently. The “Estimated Leverage Ratio” (ELR) refers to an indicator that keeps track of the ratio between the Ethereum Open Interest and Exchange…

The post BluestoneMining’s New Strategy for Altcoin Investors appeared first on Coinpedia Fintech News As times change, people’s attitudes towards energy have also changed. They rely on recycling renewable energy such as solar and wind energy to provide fuel for their new energy cloud mining operations, thereby significantly reducing mining costs and integrating remaining resources. Electricity is integrated into the grid. Not only does it save a lot of energy consumption, it also generates high profits, allowing investors to see…

Solana (SOL) is rapidly gaining the attention of institutional investors, who are increasingly showing a strong interest in this crypto token. This trend underscores the possibility that Solana could be the next in line to launch its Spot ETF, a development that could significantly impact the crypto token’s price.  Solana Investment Funds Record Year-To-Date Inflows Of $29 Million According to CoinShares’ latest weekly report, Solana investment products currently boast a year-to-date (YTD) net inflows of $29 million. Last week, these…

ZKasino has launched a 72-hour refund process for investors following accusations of a $33 million rug pull.  ZKasino Promises Refunds Amid Skepticism Blockchain-based gambling platform ZKasino has announced a 72-hour window for investors to claim refunds. This decision follows accusations of a $33 million rug pull that surfaced a month ago. Despite the initiative, doubts persist regarding the legitimacy of the refund process and the project's motives. Refund Process Announcement In a Medium post, ZKasino outlined its plan to refund…

PEPE has reached a new all-time high of $0.00001725, with over 96% of investors making a profit. Active addresses and social dominance for PEPE have significantly increased. PEPE, a meme coin themed around a popular internet frog meme, has reached a new all-time high of $0.00001725. Over the last week, more than 96% of PEPE investors have gone into profit after the memecoin has surged in value.    According to IntoTheBlock’s market intelligence data, 96.36% of PEPE holders are now…

The post Ethereum (ETH) Bulls Be Cautious as More Investors Accelerate Profit Taking appeared first on Coinpedia Fintech News After an impressive rally following the approval of spot Ethereum exchange-traded funds (ETFs) in the United States, ETH’s price against the United States has experienced a significant resistance level of around $3,900. The large-cap altcoin, with a fully diluted valuation (FDV) of about $465 billion and a total circulating supply of around 120 million, is on the cusp of exploding to…

The cryptocurrency market has been on a significant bullish run recently, enticing lots of people to buy cryptocurrencies so that they can stand a chance to profit from the uptrend. Among the cryptocurrencies performing particularly well compared to others are Stellar (XLM) and Cardano (ADA). Interestingly, Raboo (RABT), an innovative presale token, also makes it to the list of cryptocurrencies that stand out amid the market bull run due to its potential to surge 100x after launch.  Can investors count…

The crypto market had another new flame just flare up and caught the attention of many investors: Algotech (ALGT). The decentralized algorithmic crypto trade platform seems to take command of the focus with the last bonus round as the key players in the game, Ripple (XRP) and Avalanche (AVAX), ensue. For the longest time, the cryptocurrency market has been dominated by a few major players, although change appears to be in the air and Algotech is situated to be the…

Bitcoin’s allure is growing as investors increasingly recognize its unique traits. The spot Bitcoin exchange-traded funds (ETFs) simplify the process for investors, potentially leading to a significant increase in Bitcoin’s price. The Motley Fool analysts highlight that the approval of Bitcoin ETFs is a major step in cryptocurrency acceptance. They believe this could drive Bitcoin’s price to $400,000 or even $1 million. Bitcoin’s Path to $400,000 and Beyond The ETFs allow retail investors to bypass complex crypto exchanges and digital…