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The post Dogecoin And Shiba Inu Face Rising Bearish Threat: Will DOGE And SHIB Price Lose Momentum? appeared first on Coinpedia Fintech News Following the recent market crash that drove Bitcoin’s price toward a $53K low, meme coins experienced a relatively minor impact. Nonetheless, over the last seven days, the meme coin market capitalization has seen a substantial decrease. This has led to a declining interest from whales in leading meme coins such as Shiba Inu and Dogecoin, which may…

The post Crypto Traders Lose $600 Million In 24 Hours as Bitcoin Crashes, but This Ethereum Gem Keeps Winning appeared first on Coinpedia Fintech News Bitcoin’s (BTC) recent liquidations have led to a significant price decline, the lowest point it has reached since February this year. Experts forecast that this bearish trend will last longer than previous price corrections.  However, as Bitcoin’s (BTC) liquidations continue to rise, the adoption of RCO Finance (RCOF) is also increasing, with more crypto traders…

The post Crypto Traders Lose $600M in 24 Hours With Bitcoin Dragging Crypto Market Down appeared first on Coinpedia Fintech News The Bitcoin crash recently has dragged the entire crypto market down, with over $300 billion erased from the total capitalization since July 3. In the last 24 hours, over 230,000 crypto traders lost more than $660 million in long-squeeze liquidations. The long squeeze affected 233,088 traders, and Binance‘s ETH/USDT pair had the largest order, with $18.48 million. Bitcoin liquidated…

Ethereum (ETH), Dogecoin (DOGE), and even Bitcoin (BTC) are experiencing significant price declines, mirroring a broader market correction. While some analysts remain optimistic about Bitcoin's long-term potential, predicting a rise to $300,000, the current market climate has many re-evaluating their investment strategies. This has led some analysts to explore safer alternatives, with ETFSwap (ETFS) emerging as the safest bet.  ETFSwap (ETFS) Emerges As A Potential Alternative During Market Downturn The emergence of ETFSwap (ETFS) during this state of a broader market…

The post Top analyst explains why most altcoins fail and lose 99 percent of their value appeared first on Coinpedia Fintech News Analyst Lark Davis recently explained that assessing altcoins starts with understanding their simplicity. In a new analysis video, he said that while some altcoins have easy-to-digest summaries, most do not. The more novel a token, the harder it is to package and assess, leading to higher risks. These altcoins can surge in bull markets but can also crash…

The post Binance Hack: Users Hit by Google Plugin Scam, Lose Millions appeared first on Coinpedia Fintech News Several Binance users have suffered huge losses from account hacks, shaking the cryptocurrency community. Popular blockchain journalist Colin Wu broke the troubling news. Breaking: Your Binance account may have been compromised due to downloading the KOL-promoted Google plugin Aggr. A Chinese user used this plug-in, which resulted in $1 million being stolen through cross-trading on May 24th. Another Binance user had his…

Movement and accumulation from crypto whales are two of the catalysts for Bitcoin price increases. Although major whales are still buying the dip, on-chain data indicates a general waning accumulation momentum which suggests their conviction might actually be waning.  According to IntoTheBlock, an on-chain analytics firm, Bitcoin whale accumulation volumes have declined substantially in each buying cycle over the past month. This decline in whale accumulation could be worrying for investors, especially as the price of Bitcoin is now trying…

Several meme coin projects on Solana have been rugged over the past month, leading to investors losing a staggering $26.7 million.  Solana founders have issued repeated warnings to users to discourage them from investing in such projects. However, even established influencers are participating in such activities and looking to scam users.  A Slew Of Abandoned Projects  Solana is known for its high-speed blockchain network. Lately, it has been in the news for an entirely different reason, with the network being…

The post Ethereum Hovers Around $3,000 Following $300 Million Selloff! Will Bulls Lose Their Defense? appeared first on Coinpedia Fintech News The next Bitcoin halving event is just three days away, marking the fourth occurrence of this significant event for BTC. Currently, the crypto market is facing a sharp decline, which is typically observed before halving. Despite Ethereum’s price stabilizing at around the $3,000 mark, analysts view the current pullback as temporary, anticipating a recovery shortly after the halving. Crypto…