Market

The post How to Assess Market Sentiment Before Buying Cryptocurrency appeared first on Coinpedia Fintech News Introduction The cryptocurrency market, known for its rapid growth and equally swift downturns, operates on a level of volatility unseen in traditional financial markets. This volatility isn’t just a matter of market mechanics but is deeply intertwined with the sentiments and perceptions of its participants. Understanding market sentiment—essentially the psychology of the market’s participants at any given time—can be a powerful tool in an…

The crypto market's recent surge has attracted attention as certain altcoins show signs of potential significant growth. Investors and enthusiasts are keenly observing market trends, aiming to identify those coins that could soar in value. This article delves into the cryptocurrencies that might turn modest investments into substantial fortunes, highlighting the most promising options in the current upswing. With careful analysis and expert insights, uncover which of these coins might fuel the next wave of crypto millionaires. BlastUP Presale Ends…

Ripple will integrate its upcoming stablecoin into the billion-dollar transaction market, giving users a better experience, lower fees and faster settlement than existing options. However, according to Ripple CTO David Schwartz, this won’t wipe out XRP’s role in the ecosystem, as users who are best served by the crypto for payments and transfers will still have access. Much has been made about Ripple’s upcoming stablecoin, which will be launched later this year on the XRP Ledger. Some say it will…

PEPE has staged a remarkable rally, gaining around 50% as investors look to retest the March all-time high. Coinbase Futures has listed PEPE perpetual future contracts, helping drive investor interest, and increase liquidity. PEPE continues to lead the crypto market amid bearish sentiments. The frog-themed memecoin has gone against the tide, recording gains amid market turmoil. The memecoin has enjoyed massive interest in recent weeks, more recently celebrating the launch of the PEPE perpetual features on the Coinbase platform. As…

The cryptocurrency market is subtly hinting at recovery signs, with memecoins appearing to signal investment sentiment.  The crypto market hints at signs of life, with memecoins leading the recovery. Bitcoin maintains its bullish run, and altcoins appear ready for a breakout. The recent uptake in memecoins may indicate that retail investor sentiment is becoming positive, and investors are prepared to re-enter the market.  Memecoin Surge Indicated Renewed Confidence in Crypto The run-up to the highly anticipated Bitcoin halving event saw…

The post When to Expect Bitcoin’s Bull Market Highs: A Post-Halving Analysis appeared first on Coinpedia Fintech News In a recent analysis, Rekt Capital discussed the concept of the “danger zone” for Bitcoin, which typically occurs before the halving event. This period often sees historical retraces, as observed in previous cycles. For instance, in 2020 and the current cycle, Bitcoin experienced significant retraces before the halving. In 2016, there was a retracement of up to 29% to 40% leading up…

Despite the growing outflows from the US spot Bitcoin ETFs, the cryptocurrency’s price has remained relatively stable at just over $64,000. The altcoins are a lot less volatile today, with SHIB gaining around 3% while NEAR has pumped by 7% to well above $7. BTC Remains Above $64K Bitcoin faced enhanced volatility last week amid the growing geopolitical tension between Iran and Israel. The most substantial declines came last Friday, with a price drop to well below $60,000. Once that…

Bitcoin’s funding rate on the futures and derivatives market has dried up, turning negative for the first time this year as the market sentiment seems to shift post-halving. Analysts expect the upside to be capped in the short term and for the spot price to consolidate. Bitcoin’s funding rate has trended lower this year, and in the past week, it dried up, turning negative for the first time since last October as the top crypto battles its cyclic post-halving price…

Fantom’s Sonic Validator Node pioneers blockchain speed, aiming for 2,000 TPS and sub-second confirmation times amid positive market reception. Sei Foundation and Gitcoin launch $10M Creators Fund, boosting SEI and GTC prices on Binance. SEI is expected to rebound to $0.90 by May 2024. Milei Moneda ($MEDA) on Uniswap May 2024. Priced at $0.0125, projected $0.020. Best DeFi investment—deflationary, governance, satire-infused. Amidst a bullish market, Fantom pioneers blockchain speed, Sei Foundation and Gitcoin launch a $10M fund, and Milei Moneda’s…