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Iran’s attack on the Israeli military bases has escalated tensions between Iran and Israel, adding fuel to the fire of an impending third World War. These tensions have had a massive impact on the crypto landscape, causing a crash in the meme coin rally. The market sentiment has changed from optimism surrounding PEPE and BONK to pessimism taking the lead. On-chain data shows a massive decrease in the market shares of these meme coins, while the emerging DeFi star- DTX…

Polkadot (DOT) registered an impressive recovery over the weekend after dropping to an intra-day low of $3.82 on Friday, bringing its multi-year support level into focus once again. However, DOT’s recovery has stalled during the ongoing session after it failed to move past the 20-day SMA, which is acting as a dynamic level of resistance. Polkadot (DOT)’s Relief Rally Stalls Polkadot’s push to $5 came to an abrupt halt on August 24 after buyers lost momentum after reaching a high…

US Bitcoin exchange-traded funds (ETFs) have recorded net outflows for eight days in a row, resulting in a loss exceeding $1 billion from August 27 to September 6. This outflow trend has also contributed to bringing the total net assets of Bitcoin ETFs to under $50 billion. Why Bitcoin ETFs Are Experiencing Heavy Outflows Data from SoSoValue shows that Bitcoin ETFs have experienced steady outflows totaling approximately $1.1 billion since August 27. During the period, Fidelity led the redemptions, with…

MATIC suffers another string of losses as the broader market pullback forces the bulls to the defensive. According to CoinGecko, the Polygon Network native coin has bled 16% more since last week as the bears reverse gains made back in August. This move occurred despite Polygon Network’s upcoming upgrade that switches MATIC to POL, improving the platform’s tokenomics.  As the market moved 5% downward, investor confidence in MATIC has been shaken, possibly damaging the token’s performance in September. Short-term, investors…

The post WazirX Users Likely to Lose 50% Funds, Hacker Moves 2600 ETH appeared first on Coinpedia Fintech News Wazirx, one of the biggest Indian crypto exchanges, is still in hot waters. In the aftermath of the massive $234 million hack that hit WazirX, the Indian cryptocurrency exchange is facing intense scrutiny and significant challenges. With over 43% of customers’ funds at risk, the road to recovery seems long and uncertain. Let’s break down what’s happening and what it means…

The sentiment of crypto investors can shift rapidly, and the latest buzz is around Tron (TRX) investors seeking greener pastures. Despite recent gains, top Tron (TRX) investors are reportedly losing faith in Justin Sun’s vision and are flocking to a new cryptocurrency that is currently priced at $0.001777. This emerging token, Mpeppe (MPEPE), is drawing significant attention for its innovative approach and growth potential. Here’s why this migration is happening and what it means for the future of Tron (TRX).…

The post Will Dogecoin (DOGE) Lose Throne of Best Meme? Analysts Call Floki the Challenger to Throne   appeared first on Coinpedia Fintech News The meme coins are usually seen in a tug of war to attain the top spot. Dogecoin (DOGE) and FLOKI emerged as the top players in August. Both the meme coins have shown impressive growth after the market crash of 5th August. Recently, as the market sentiment turned bullish, Dogecoin (DOGE) has shown an impressive rally…

Dogecoin (DOGE) has long been a main product in the cryptocurrency world, celebrated for its robust community and significant influence in memecoin trends. However, despite its impressive run and staying power, recent market shifts and waning investor enthusiasm have led some to question its future performance. As faith in Dogecoin is decreasing, a new memecoin is capturing significant attention from analysts and investors alike: MoonTaurus (MNTR). Currently in its presale phase, MoonTaurus is priced at $0.005. As the presale progresses,…

Dogecoin (DOGE) has experienced a period of stagnation, which has caused some investors to reconsider their positions. Despite the beloved memecoin's early success, recent market events have dampened expectations that Dogecoin will reach new highs in the near future. As a result, many investors are shifting their attention to new opportunities in the memecoin space. One standout contender that is attracting significant attention is MoonTaurus (MNTR). Unlike Dogecoin, MoonTaurus is expected to grow significantly, with its value expected to reach…