KEY

Bitcoin has been under intensified selling pressure since the start of the week, with the largest cryptocurrency experiencing a nearly 4% drop in value over the past seven days. This decline brought Bitcoin to a one-month low of $55,690 earlier on Wednesday, raising concerns among investors about its near-term trajectory. Could Fed Rate Cuts Drive Bitcoin Beyond $100,000?  A market expert known as “Chicken Genius” recently shared his insights on social media, suggesting that the $55,000 mark could represent a…

After briefly trading above $59,000 in the early hours of Tuesday, Bitcoin price has now seen a significant retracement, dropping below the $58,000 price mark once again. However, despite this struggle to rally, a CryptoQuant analyst named Kripto Mevsimi recently shared an intriguing observation regarding Bitcoin price on the CryptoQuant QuickTake platform. Bitcoin’s Sharpe Ratio Hits New Lows: Bullish Signal Or A Warning? According to the analyst, Bitcoin’s short-term Sharpe ratio has dipped to levels last seen during September-October 2023.…

The post Ripple To Enhance Programmability On XRPL Through 2 Key Developments appeared first on Coinpedia Fintech News Ripple in a statement release has disclosed that there will be enhanced programmability on the XRP Ledger through two key developments: the introduction of native smart contract capabilities on the XRP Ledger Mainnet, which is currently in the research phase, as well as the introduction of the XRPL EVM Sidechain, which is expected to go live in the coming months.  These advancements…

The post Bitcoin Rally or Final Capitulation? Top Analyst Reveals Key Scenarios To Watch appeared first on Coinpedia Fintech News Bitcoin began this week with plenty of ups and downs, currently hovering around $59,000 with a slight 1% increase. Historically, September has been a challenging month for Bitcoin, often showing mostly negative returns.  Prominent crypto analyst Titan of Crypto suggests that Bitcoin could either be on the verge of a major rally or facing a final capitulation before a potential…

The Artificial Superintelligence Alliance (FET) has seen a remarkable performance in the last two weeks. Amid the latest market shakeouts, the AI crypto token saw a significant increase, surging over 60% a week ago. In the last 24 hours, the token has recorded a 4% price surge, retesting a crucial resistance level that could propel the price near its all-time high (ATH). FET Sees 30% Monthly Surge FET showed a formidable price action throughout August despite the market retraces, seeing…

Bitcoin price started a recovery wave from the $57,200 zone. BTC is rising, but it might struggle to surpass the $60,200 and $61,150 resistance levels. Bitcoin is attempting a recovery wave above the $58,000 support zone. The price is trading above $58,000 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $58,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could face heavy…

The post XRP Price Surge Imminent? Key Metrics Reveal Bullish Potential appeared first on Coinpedia Fintech News The overall cryptocurrency market is in a downturn, but key metrics are flashing that the XRP price is set to skyrocket. In the past week, XRP has experienced a massive price drop of over 12% potentially due to the bearish market sentiment and the recent decline in Bitcoin (BTC).  XRP’s Bullish Signals  The current data including a descending trendline breakout, bullish Divergence, token…

Top analysts predict massive growth for certain memecoins this September. Key data points to remarkable upward trends, sparking excitement in the crypto community. The article provides insights into which memecoins are set to soar, backed by expert opinions and critical indicators. Dive in to discover the potential winners in the rapidly changing memecoin market. PepeCoin (PEPECOIN)  PepeCoin (PEPECOIN) is currently navigating a mix of bullish and bearish signals, trading between $1.97 and $3.13. Despite a 22% dip in the past…

The post AI Index Bouncing Over a Key Support Level: Here are the Tokens to Monitor This Month appeared first on Coinpedia Fintech News The crypto markets have become volatile after the bulls and bears are exerting enough pressure at frequent intervals. While some of them have demonstrated quick moves, the popular ones seem to be waiting for the required bullish volume to enter. In the meantime, the AI space has gathered huge traders’ attention and is believed to revive…