Market

The post Crypto Market Watch: Bitcoin ETFs Face $305M Outflow as Investors Panic appeared first on Coinpedia Fintech News Digital asset investment products, including BlackRock’s iShares Bitcoin Trust (IBIT) and ARK 21Shares Bitcoin ETF (ARKB), saw a net cash outflow of $305 million last week. Rising concerns about further crypto declines in September have led investors to take profits and protect their capital. Recent stronger-than-expected economic data in the United States has made a 50 basis points interest rate cut…

As the cryptocurrency landscape continues to evolve, savvy investors are always on the lookout for the next big opportunity. Recently, Solana (SOL) investors have started shifting their focus to new, promising projects like Mpeppe (MPEPE), drawn by the potential for significant returns. This strategic migration highlights the growing discontent among SOL holders, who are increasingly seeking alternatives in a market that is as volatile as ever. Solana (SOL)’s Struggles in the Current Market Solana (SOL) has long been heralded as…

The cryptocurrency markets are closely watching several key US macroeconomic events this month, which could significantly impact portfolios. Fed interest rates announcements in particular will be a key print in September. Positive economic data often influences investor sentiment in the crypto space. As traditional markets strengthen, investors become more confident in the overall economy, and vice versa. This could influence risk appetite and, ultimately interest in alternative assets like cryptocurrencies US Economic Events to Watch in September Bitcoin (BTC) has…

The post BTC Price Dips Below $58K, but Whale Activity Hints at a Market Rebound appeared first on Coinpedia Fintech News The price of Bitcoin had a 10.82% decline last week, which undermined the previous week’s recovery. With a 2.81% decline and a plunge below the $58,000 barrier, the week came to a gloomy end. Amid the increased selling, the crypto market registered a staggering $138 million worth of liquidations in long-side positions. As the supply inflow hits the fan,…

The post Crypto Market Crash: Over $161 Million Liquidated as Bitcoin Price Dips Further appeared first on Coinpedia Fintech News The crypto market cap, led by Bitcoin (BTC), dropped nearly 3 percent in the past 24 hours to hover about $2.11 trillion on Monday, September 2, during the early Asian session. After closing last month below the crucial support range between $58k and $60k, Bitcoin price opened this week with a bearish outlook.  The flagship coin dropped 3 percent on…

The post XRP Community Alleges SEC Of Manipulating Crypto Market appeared first on Coinpedia Fintech News The SEC, often criticized for having a restricting stance towards the growth of cryptocurrencies, is yet again facing heavy criticism as the XRP community has alleged the SEC of manipulating the crypto market.  XRP Community Refer Hinman’s Statement The XRP community is intensively scrutinizing the SEC‘s recent actions, alleging that the agency manipulates the crypto market to favor Bitcoin and Ethereum at the expense…

The post Crypto Market Crash: Bitcoin Drops Below $58,000, Ethereum Retests $2.4K Mark! appeared first on Coinpedia Fintech News The cryptocurrency market has entered September on a bearish note by losing 1.86% within the past day, from $2.05 Trillion to $2.02 Trillion. Despite recording a 100% increase in its trading volume to $27.82 Billion, Bitcoin price has plunged below $58K with a correction of 1.81%. Moreover, it has recorded a 24-hour High/Low of $58,762.49 and $57,136.03 and is currently valued…

The post Whale’s $58M Bitcoin Bet Sparks Speculation on Market Rebound! appeared first on Coinpedia Fintech News For good reasons, a Bitcoin whale known for dumping 467 million worth of BTC tokens in the July crunch is back in the markets. Recently, the whale purchased 1000 Bitcoins from Binance worth almost $58 million. With this purchase, the market witnessed the second such significant action within the last four days, accounting for 2000 Bitcoins at an average price of $58,525. In…

Investors are increasingly turning their attention to promising new projects with the potential for significant returns. Among these emerging opportunities, Playdoge (PLAY) and the up-and-coming Initial Coin Offering (ICO) Mpeppe (MPEPE) are drawing considerable interest from market experts. Priced at just $0.001777, Mpeppe (MPEPE) is positioned as a rival to Playdoge (PLAY), and both tokens are expected to see a “green candle” future—a term used in trading to indicate strong upward price movement. Here’s why these two cryptocurrencies are capturing…