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The recent settlement of the lawsuit against XRP has triggered substantial gains, attracting market attention. Meanwhile, Solana faces challenges amid this shift. The dynamic landscape of altcoins evolves rapidly, raising questions about which cryptocurrencies are poised for growth. This article dives into the latest trends and potential opportunities in the altcoin market. Solana (SOL)  Solana (SOL) is navigating some turbulent waters with its current price between $115 and $177.76. Bears are showing strength as the coin dipped by over 9%…

The post DedaCoin Review: Key Finding & In-depth Analysis  appeared first on Coinpedia Fintech News A new cryptocurrency that has been generating significant buzz in the crypto community is DedaCoin. It is a decentralized cryptocurrency launched in 2024 (The idea of the Deda ecosystem was conceived in 2022), built on blockchain technology. As per user review, DedaCoin is a secure and efficient platform for transactions and investments. There are significant and efficient features that allow you to make 90% of…

Dogecoin (DOGE) was one of the tokens significantly affected by the recent crypto market crash. With the crypto market recovering, the meme coin is showing signs of life and is looking to reclaim the psychological support level of $0.1, having bounced off key support.  Dogecoin Bounces Off Key Support With $0.1 In Sight Crypto analyst World of Charts mentioned in an X (formerly Twitter) post that Dogecoin is bouncing from the key support at $0.09. In line with this, the…

The post Solana (SOL) Price Continues to Rise Against the Odds, Here Are Key Targets  appeared first on Coinpedia Fintech News Amid the ongoing crypto recovery led by Bitcoin (BTC) and Ethereum (ETH), the altcoin industry has registered bountiful gains in the past two days. Solana (SOL), a top-tier altcoin with a fully diluted valuation (FDV) of about $89 billion and a daily average traded volume of around $6.5 billion, pumped over 10 percent in the last 24 hours to…

In the aftermath of a tumultuous week that saw Bitcoin (BTC) plummet to a seven-month low of $49,000 on Monday, global financial markets were rattled by a significant downturn, sparking concerns across stock exchanges and the crypto sphere.  However, amid the chaos, Bitwise’s Chief Investment Officer Matt Hougan analyzed the drivers behind the recent market meltdown. He explained why he believes traders’ fears may be misplaced and that the market dip holds key opportunities for potential Bitcoin price appreciation. Crypto Crash…

The post Attention XRPL Developers! Ripple Makes Key Announcement appeared first on Coinpedia Fintech News Ripple has made a key announcement for XRP Ledger (XRPL) developers through a tweet on X. RippleX has announced plans for a testnet reset, which is scheduled for August 19, 2024, at 3 a.m. EST.  RippleX’s Key Announcement For XRPL Developers! Ripple operates the testnet and devnet to allow the community to test new features and integrations without risking actual money. The test networks are…

The recent decline in the crypto market has many investors searching for answers and new opportunities. This article delves into the major elements contributing to the market's downturn and reveals promising altcoins that could help rebuild portfolios by year-end. Find out which cryptocurrencies are poised for resurgence in the coming months. Main reasons of market: Market Makers Selling Ether: Market makers sold over $300 million worth of ETH, significantly increasing supply and driving down the price. Big Companies' profit report…

Over the past 24 hours, the crypto market has witnessed a severe downturn, with Bitcoin’s price tumbling down 15% to a low of $49,000 on Binance (BTC/USDT), marking a significant departure from its $70,000 high last week—a 26% crash. Similarly, Ethereum (ETH) plunged 39% from $3,400 to $2,100. This downward trend was not isolated but echoed across the altcoin spectrum, which experienced even steeper declines. #1 Recession Fears Cause Bitcoin Crash The initial spark for the current market volatility appears…

XRP price is down over 15% and trading below $0.50. The price is showing bearish signs and might struggle to recover above the $0.520 resistance. XRP price traded below the $0.500 and $0.4850 support levels. The price is now trading below $0.4880 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.5180 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could attempt a steady recovery wave…