Market

A cryptocurrency analyst, who accurately foresaw the market’s bottom in 2018, is now focusing on Solana, foreseeing a price bottom for the cryptocurrency and identifying its next target after reaching it.  Solana To Rise Above $200 After Hitting This Bottom In a Wednesday X (formerly Twitter) post, a crypto analyst identified as ‘Bluntz’ has highlighted a potential price bottom for Solana. Following up on the previous forecast on April 4, where he predicted that Solana would hit a bottom at…

When the market wakes up with new energy, finding the right investments is critical. This article highlights promising opportunities for the current market surge. With a focus on the latest trends and solid performers, it arms investors with key insights into where they might want to direct their funds. This piece of analysis provides a foundation for making informed decisions without getting lost in complex financial terminology. Whether a seasoned investor or a newcomer, understand what could drive the next…

As the countdown to the much-anticipated 2024 bitcoin halving event nears its climax, the cryptocurrency world finds itself amidst a whirlwind of excitement and speculation. Social media platforms have become abuzz with discussions surrounding the impending halving, according to data from Santiment. This increase in social media chatter indicates a potential for significant price movements in the volatile crypto market, sparking both FOMO (Fear of Missing Out) and FUD (Fear, Uncertainty, Doubt) among investors. Social Media Surge Fuels Speculation On…

The crypto market has experienced a downturn, presenting unique opportunities for investors. In the midst of a bull run, certain cryptocurrencies stand out with potential for significant growth. This article delves into those poised for a rebound, offering insights for those looking to capitalize on the current market conditions. Each selection is based on thorough analysis and trends that suggest a strong comeback. Readers interested in expanding their portfolios will find valuable information on promising cryptocurrencies in this pivotal moment.…

In the last 24 hours, Bitcoin and altcoins encountered significant volatility, resulting in a notable decline, with the overall crypto market capitalization dropping by approximately 8%, settling at $2.53 trillion. This swift market fluctuation may have taken many retail traders by surprise. However, insights from on-chain data reveal that certain large-scale investors, colloquially known as crypto whales, foresaw the downturn and offloaded a substantial portion of their holdings. Crypto Whales Offload Holdings On-chain analysts reported that several institutional investors strategically…

TL;DR Bitcoin’s market cap may reach $3 trillion post-halving, driven by several important factors. Opinions on BTC’s future value vary, with optimistic projections as high as $100K, alongside broader industry growth expectations led by figures like Ripple’s CEO. The Halving’s Possible Impact Bitcoin’s market capitalization recently reached an all-time high of over $1.43 trillion, with the figure currently standing at around $1.32 trillion. The asset’s price performance has been quite impressive in the past month, with many industry participants expecting…

The post SafeMoon V2 Defies Market Odds with 150% Growth: What’s Driving the Surge? appeared first on Coinpedia Fintech News The popular SafeMoon’s next iteration, SafeMoon V2, has witnessed a remarkable growth of over 150% in just one month. When the broader crypto market faces volatility, and many of them are facing double-digit losses, SafeMoon V2 has come up with this surge.  Factors Behind SafeMoon V2’s Surge According to market analysis, SafeMoon V2’s successful performance has several contributing factors. Firstly,…

Bitcoin’s price took a massive turn to the worse yesterday with a decline that pushed it south by about five grand in hours. The altcoins’ losses were even more significant, which is evident by the rising BTC dominance. Many meme coins dumped by over 20%. BTC’s Crash The business week was actually going relatively well for the primary cryptocurrency. The asset had a strong start on Monday when it pumped to a four-week peak of over $72,500 amid the growing…

The post Why Crypto Market Is Down Today? Here Are Top Reasons appeared first on Coinpedia Fintech News Today, the crypto market took a nosedive, and here’s a deep dive into what’s going on: The market’s decline has mirrored a broader sell-off in traditional markets, influenced by an uptick in geopolitical tensions and economic uncertainty. So, as traditional markets flinched, cryptocurrencies didn’t miss a beat in joining the plummet. During the afternoon trading hours in the United States, Bitcoin took…