Market

Recently, PlayDoge (PLAY) and Mpeppe (MPEPE) have emerged as two of the most promising cryptos, capturing the attention of market analysts. Both of these projects offer unique value propositions, making them stand out in an increasingly crowded market. Here’s why analysts are bullish on PlayDoge (PLAY) and Mpeppe (MPEPE) and why they might be the best bets for investors looking to maximize their returns. PlayDoge (PLAY): More Than Just a Meme Coin PlayDoge (PLAY) has quickly distinguished itself from the…

The post Ethereum Will Beat Bitcoin in Market Cap, Says Crypto Expert appeared first on Coinpedia Fintech News The overall cryptocurrency market has turned bullish after the potential interest rate cut announcement by Fed Chair. Amid this uptrend, Nick Tomaino, a crypto expert and the founder of 1Confirmation, published a report on X (previously Twitter) stating that Ethereum (ETH) will flip Bitcoin (BTC) by the market capitalization in the next five years. ETH to Flip BTC in Market Cap This…

The post Crypto Market Today: Why Bitcoin Price Could Hit New Highs in 2024 appeared first on Coinpedia Fintech News Bitcoin’s price might take off when you least expect it. In a recent analysis by Altcoin Daily, Matthew Siegel from VanEck suggests that the current market conditions are ripe for a Bitcoin recovery. Despite its recent dip, VanEck is still a buyer, and Siegel believes that Bitcoin has the potential to make new all-time highs before the November election.  But…

In a week marked by economic anticipation and turbulence, the crypto market experienced a rollercoaster ride as the Bitcoin price surged and retreated in response to Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole Economic Symposium. Bitcoin Price Rallies On Powell’s Dovish Tones Powell’s remarks struck a dovish tone, indicating that the central bank is open to further interest rate cuts in the coming months to address potential cooling in the labor market. This stance was positive for…

The crypto market has been through the wringer lately, with its total market cap taking a nosedive from $2.51 trillion in May 2024 to $1.95 trillion by August 2024, and trading volume shrinking by 13.13%. Despite these gloomy figures, BlockDAG, Bitcoin, Ethereum, Binance Coin (BNB), and Solana are emerging as stable players. In this article, we'll break down why these five cryptocurrencies are considered reliable picks for those looking to weather the storm. Here’s why you might want to consider…

Built on the Ethereum Blockchain, ($CLAIR) is a new buzzword in the crypto world as a potential gainer that is highly likely to soar soon after the pre-sale. The project brings the hype of memes and the power of AI to attract a wider audience in the crypto and tech space to offer investment opportunities to the bulls in 2025. “Clair Meme ($CLAIR) has every reason to get the top spot” analysts believe, as the project is for all types…

The post Whale Investor Bets Big on $WIF! Signals Market Optimism! appeared first on Coinpedia Fintech News The leading $WIF holder, with profits exceeding $68 million, has aggressively expanded their portfolio. This investor leveraged borrowed funds to acquire 21.9 million $WIF for about $35.48 million and purchased an additional 19.86 million at a low price of $0.0114 each. They also registered “binance-insider.sol” and bought 17.23 million $WIF in a massive transaction worth 86,738 SOL ($8.92 million). Holding 27.2 million $WIF…

The post These Top AI Tokens From Grayscale Decentralized AI Fund Could Beat the Crypto Market? appeared first on Coinpedia Fintech News As the recovering crypto market faces multiple hurdles, Bitcoin is stuck at the $60,000 resistance. Amid this, the altcoins market is gearing up for a bull run, and the AI tokens are pushing the throttle up.  Ranking among the top performers, the AI tokens are gaining momentum and tease a potential rally ahead. While the broader market seems…

Options on Bitcoin (BTC) and Ethereum (ETH) totaling $1.5 billion are approaching expiry, all while the market remains relatively calm. However, this stability may be short-lived. The annual central bank meeting in Jackson Hole, which begins today, is widely seen as the month’s most notable macro event. Investors are particularly focused on any news regarding potential interest rate cuts by the Federal Reserve. What’s Next for the Bitcoin and Ethereum Options Market After Expiry According to Deribit, over $1.12 billion…