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Top meme coin Pepe is facing several crucial tests heading into September. Despite rallying nearly 10% today, the PEPE price failed to flip the key 200-day Exponential Moving Average, which is currently hovering at $0.0000083. The bulls need to reclaim this level before the monthly close to pave the way for a new all-time high.  The Pepe price is currently trading at $0.0000078, with a market capitalization of $3.28 billion.  Some smart money investors are already pivoting to new meme…

In the past several years, the global crypto Anti-Money Laundering (AML) compliance solutions market has grown remarkably, reaching $686.89 million in 2023. As Verified Market Research reports, this sector is expected to surpass $1 billion by 2025, with a projected compound annual CAGR of 17.6% from 2024 to 2031. Such a swift expansion reflects the increasing mainstream adoption of crypto and the critical need for robust AML compliance solutions to combat illicit activities in the space. As cryptocurrencies integrate into…

Bitcoin’s (BTC) price may have officially hit “reset” following an incredible rise in the coin’s long-term holder net position change. Historically, a rise in this metric helps the price recover. But will it be the same this time? This on-chain analysis examines the chances. $20 Billion in the Bag for Bitcoin HODLers According to Glassnode, Bitcoin’s long-term holder net position change has been increasing since July 22. However, today, the metric, which tracks the 30-day change in supply held by…

Dogecoin (DOGE) has established itself as a staple in the cryptocurrency world, widely recognized for its meme-driven origins and loyal community. Yet, as the crypto landscape evolves, many Dogecoin (DOGE) holders are finding themselves intrigued by a new player in the market: Mpeppe (MPEPE). Mpeppe (MPEPE), a cryptocurrency that blends the fervor of sports fandom, the potential of blockchain technology, and the cultural impact of memes, is drawing attention. But what exactly is pulling Dogecoin (DOGE) holders toward this rising…

Japanese banks are gearing up for a transformative shift by fully adopting XRP by 2025. This groundbreaking news is creating a ripple effect across the cryptocurrency landscape, setting the stage for key altcoins to experience explosive growth. Discover which coins are poised for substantial gains as a result of this strategic move. Stay tuned for detailed insights into the altcoins likely to skyrocket in value. Ripple (XRP) Ripple (XRP) is currently trading between $0.55 and $0.58, showing potential for significant…

The post Bitcoin Price Dips Below $59K: Key Levels to Watch as Supply Shock Nears appeared first on Coinpedia Fintech News Bitcoin (BTC), the oldest and most valued cryptocurrency, fell below $59,000 over the weekend due to weak buyer activity. But don’t give up hope just yet. Despite this drop, experts are predicting a major supply shock that could push prices higher. Bitcoin trader Mister Crypto believes this supply shock is imminent, following patterns seen after past halving events. Here…

Bitcoin.org, the website that introduced the world to decentralized digital currency, turns 16 years old today. Launched on August 18, 2008, by Bitcoin’s enigmatic creator, Satoshi Nakamoto, and early contributor Martti Malmi, the site remains a key resource for anyone seeking to learn about Bitcoin’s origins and evolution. Here’s a closer look at Bitcoin.org’s legacy, its role in the community, and some of the controversies surrounding it. The Birthplace of a Financial Revolution Bitcoin.org’s creation marked the beginning of a…

In a recent report, market researcher and analyst DeFi Ignas has provided a detailed analysis of the current bearish and bullish cases for the leading altcoin, Ethereum (ETH), offering valuable insights into the cryptocurrency’s prospects. Factors Behind The Ethereum Underperformance Ethereum has struggled to keep pace with its crypto peers over the past two years, declining 47% against Bitcoin (BTC) and underperforming Solana (SOL) by 6.8x since the market lows of early 2023.  According to Ignas, the reasons behind this…

MATIC, Polygon’s native token, recently suffered a significant price decline amid a broader market downturn. The token dropped over 20% in the past month, reaching its lowest price level in two years. As the market recovers, some analysts have made a bullish case for the token but warned of a key level to watch. MATIC Hits Two-Year Low Levels Over the past few months, MATIC has registered a steady decline from its one-year high of $1.27. Since July, the token’s…