Market

TL;DR The cryptocurrency market tumbled in the past 24 hours as Bitcoin’s price crashed by around $3K. Dogecoin dropped even further, losing some 14% in the same period, now trading below $0.19. The cryptocurrency market has taken a beating throughout the past 24 hours, with most altcoins dropping considerably. As CryptoPotato reported, this resulted in a significant liquidation flush as close to $500 million positions were wiped off. Most of them, quite expectedly, were long positions. Dogecoin also followed the market but…

After the Bitcoin halving, a big jump in crypto prices is expected, with some predicting Bitcoin could reach as high as $200,000. With this major event, investors are also keeping an eye on altcoins, which could soar as potential leaders in the next bull market. These alternative cryptocurrencies may offer exciting opportunities beyond the buzz surrounding Bitcoin's latest milestone. Let's delve into which altcoins are capturing attention and could make significant moves. Choise.com (CHO): Beyond Small-Cap, Into a New Era…

500 Million XRP has reportedly been unlocked from an unknown address with an additional 500 million speculated to be released.  XRP price could be in danger as Fox Business Senior Correspondent Charles Gasparino discloses that the Ripple ruling could be overturned.  The Ripple Labs‘ monthly XRP distribution strategy has been in full effect since December 2017 as the San Francisco-based blockchain company has consistently released a portion of the asset held in escrow into circulation. This strategy originally demanded that…

The post Investors Double Down On Bitcoin And Ethereum Amid Market Dips! Here’s What To Expect From BTC And ETH Price Next appeared first on Coinpedia Fintech News As we head toward the Bitcoin halving event, just a few days away, the market is experiencing a battle between the bulls and bears. Buyers are pushing hard to set a new all-time high for Bitcoin ahead of the event. Meanwhile, despite the presence of sellers at resistance levels, every dip in…

Bitcoin’s price had a relatively quiet weekend before it jumped to just over $71,000 when it was stopped and pushed down by a few grand. Most altcoins are also in the red on a daily scale, with SHIB and UNI losing the most, followed by ADA and AVAX. Bitcoin Rejected at $71K Last week started on a high note for the primary cryptocurrency, which jumped by several grand on Monday and Tuesday and kept climbing on Wednesday to a 15-day…

Meme coin hype has dominated crypto social media recently as more seemingly worthless tokens were pumped over the weekend. Industry observer “L” told their 46,000 X followers on April 1 that it is “obvious” that the meme coin craze is retail-driven. “Meme coins are the clear indicator of whether retail is here. It’s obvious to anyone who has been in the trenches that we are in a bull market now.” There were just 2 billion dollars worth of meme coins…

The post Bitcoin Halving Approaches: BTC Price Eyes $74K Mark Amidst Market Volatility appeared first on Coinpedia Fintech News As Bitcoin braces for its halving event in just 23 days, according to data, market observers are closely monitoring its price dynamics amidst a period of consolidation. The impending halving, scheduled for April, has sparked renewed bullish sentiment in 2024, further fueled by the approval of Bitcoin ETFs in the United States. As previously seen, cutting mining rewards from 6.25 BTC…

As the much anticipated Bitcoin halving is approaching, Bitcoin (BTC) is marking the first day of April by climbing back to $71,000. However, as of writing, Bitcoin has retraced to the $70,500 level. Bitcoin Halving is Now 2,818 Blocks Away This remarkable rally comes as the crypto market’s pivotal event, Bitcoin halving, is now 2,818 blocks away. NiceHash’s countdown reveals that Bitcoin halving is estimated to happen on April 21, 2024. This phenomenon has been widely discussed over the weekend…

Such marketing uncertainties call the rise of DeeStream (DST) out into the deep transformation innovations can bring. With Cronos (CRO) and Optimism (OP) to march under its banner, DeeStream (DST) says, "Let there be an era of decentralized entertainment. With technologies such as ZK rollups and fault proofs redefining security and scalability, the cryptosphere is moving toward an inclusive and more resilient future.  DeeStream (DST) is in the vanguard of this revolution and calls for the equal participation of investors…