Investors

On Wednesday, Bitcoin sharply declined, dropping below the crucial $60,000 support level. Despite this recent market downtrend, Bitcoin investors remain confident as they believe the flagship crypto can still reach new heights in this market cycle. Some say this might be what Bitcoin needs before making another parabolic run to the upside.  Bitcoin’s Decline Is Nothing To Be Scared Of Raoul Pal, the CEO of Real Vision, reassured in an X (formerly Twitter) post that Bitcoin’s recent price decline was…

The price of Bitcoin dropped to $57,300 as investors were unsure what to expect before the Fed announcement. Permanent holders and whales reduce the demand, which sends the market anticipation of a decline. Bitcoin and various cryptocurrencies experienced a significant downturn, dropping to their lowest levels in over two months. This decline coincided with broader market pessimism as investors awaited the U.S. Federal Reserve’s impending interest rate decision. Bitcoin’s price dipped below $57,000 for the first time since late February,…

Egrag Crypto has forecasted break price increases for VeChain and Ripple in the coming weeks. In his assessment, VeChain has a target price of $2.5, while Ripple is aiming to reach $1.4. Other analysts also predict that Rebel Satoshi Arcade would be the frontrunner of this bull cycle. VeChain and Ripple are two of the top altcoins that can record huge price hikes in the coming weeks, according to EGRAG Crypto. The analyst provided the price targets, VET has been…

Decentralized Finance market (DeFi) is recovering following last year’s crash. The total volume of investments in the DeFi protocols has grown from $26.5 billion in Q3 2023 to $59.7 in Q1 2024. What’s the reason behind that?   Choosing Less Risky Assets   According to statistics, investors prefer less risky crypto assets: over 90% of the money invested right now is stored in low risk assets. For example, per the PrismaStake staking platform, in their case the percentage exceeds 95%. …

The post HIPPOSOL Set to Eclipse BONK as the Next Big Memecoin on Solana, Offering Early Investors with $Hippos Token Presale appeared first on Coinpedia Fintech News Hipposol, the latest meme sensation in the Solana ecosystem is swiftly gaining attention across the crypto community, distinguished by its dynamic and captivating approach. As the $Hippos Token Presale launches, Hipposol is positioned to match the fame of the immensely popular BONK, while introducing a distinctive twist—infusing the robust spirit of the hippopotamus…

The recent Bitcoin halving has ignited a fresh fervor in the crypto market, marking a pivot towards AI cryptos. Among these, Akash Network, Theta Fuel, and Raboo are gaining particular attention for their unique contributions and promising futures. Let's delve into why savvy investors are placing their bets on these AI cryptos. Akash Network (AKT) Akash Network stands out as a top decentralized cloud computing marketplace. Akash Network leverages unused cloud capacities in data centers to offer secure, private, and…

Experts say Toncoin’s (TON) price could surge to $26.04 before the year’s end. Per analysts, the price of Aptos (APT) could decline to $8.12 by May 25. New Investors flock to Milei Moneda’s ($MEDA) presale for massive investment returns. As the crypto market rallied, certain tokens like Toncoin (TON) and Aptos (APT) have underperformed over the past week. Meanwhile, Milei Moneda ($MEDA) has soared through its presale stage, gaining fresh investor interest. With its revolutionary features and explosive growth potential,…

A recent report by KPMG revealed that Canadian institutional investors are getting more interested in cryptocurrency assets as a safeguard against economic uncertainties.  The KPMG study indicates that Canada’s proactive regulatory environment is the main factor attracting institutional interest to crypto assets. Canadian institutional investors have expanded their presence in crypto as a hedge against economic uncertainties, according to a recent KPMG report. The study points to a significant increase in exposure to crypto among financial services providers and institutional…

Since Forbes attacked XRP, ADA, ICP, BCH, and XLM as zombie tokens with “little utility other than for speculative crypto trading,” investors have been split on whether to hold them. Over the past months, most of the 20 ‘zombie’ tokens have declined by more than 20%, with some losing a third of their value, like Cardano’s ADA and Stacks’ STX. It’s been a month since Forbes published a scathing article describing 20 blockchain networks whose market cap is at least…