Market

The post Top 3 Cryptocurrencies to Consider After Bitcoin’s Recovery in The Market: Solana, Hamster Kombat, or Artemis Coin? appeared first on Coinpedia Fintech News Following the substantial decline of Bitcoin at the start of the month, investors are actively seeking the most promising cryptocurrencies for investment in August 2024. This concise guide highlights three leading options that exhibit considerable potential.  Both Solana and Hamster Kombat are regarded as favourable for long-term investment, whereas Artemis Coin has established itself as…

The post Crypto Market Prediction: Bitcoin Set to EXPLODE, Analyst Predicts “Crazy” New All-Time High appeared first on Coinpedia Fintech News Bitcoin has ignited a fresh wave of excitement in the cryptocurrency market, surging past the $60,000 mark and briefly touching $62,600. This 25% rally in just over three days has caught investors and analysts off guard, especially after Bitcoin’s recent volatility. What’s driving this sudden price explosion? And is this just the beginning of a new bull run? Read…

The post Crypto Market Overview: Top Altcoins Display Neutral Trend As Market Leaders Record Reduced Price Action! appeared first on Coinpedia Fintech News Over the past 24 hours, the cryptocurrency market has recorded a drop of 0.52% in valuation, from $2.13 Trillion to $2.11 Trillion. With this, the price of Bitcoin has recorded a drop of approximately 1% with a low of $59,586. Moreover, the dominance of the star crypto has grown to 56.5%. Notably, this accounts for over $1.203…

The post PayPal USD Market Cap Advances 150% After Solana Expansion appeared first on Coinpedia Fintech News The PayPal USD market cap has risen by 150% since its expansion to Solana on May 29, with the stablecoin’s total value now sitting at $684 million, based on DefiLlama data. The usage of PYUSD is practically evenly distributed between Solana and Ethereum, as both blockchains show 48.32% and 51.68% dominance, respectively. However, despite its growth, PYUSD is still far away from Tether…

Investors face a plethora of choices, each promising unique benefits and potential returns. Among the latest discussions is the choice between investing in Ethereum (ETH) ETFs and the newly launched Mpeppe (MPEPE). Market experts are diving deep into which of these options offers better long-term value. Let’s explore why Ethereum (ETH) ETFs and Mpeppe (MPEPE) are generating buzz and what might be the more prudent investment choice. Ethereum ETF: A Stable Gateway to Crypto Investment Ethereum (ETH) ETFs offer a…

The post Toncoin has emerged as one of the best performers of the 2024 crypto market! appeared first on Coinpedia Fintech News Activity on TON has skyrocketed since the start of the year. In January, the number of daily active addresses held around the 20,000 mark and stands at around 400,000 today. Moreover, the transaction figures on TON have largely followed the same trend as, at the start of 2024. The network would typically see anything between 75k and 200k…

Despite the fears that the downtrend will continue, the crypto market resumes its bullish drive upward with the altcoin market showing the most significant gains. SUI is one of those tokens, gaining almost 31% in the past 24 hours as major cryptocurrencies like Bitcoin and Ethereum returned to pre-correction levels.  As the market continues to rally, SUI might continue to capture the broader momentum, keeping the bears at bay. This comes after institutional interest hit the Sui platform, which will…

The post Ethereum ETF Displays Increased Inflow As Market Experiences A Bullish Action! appeared first on Coinpedia Fintech News On 08th August, Blackrock’s “ETHA” recorded the highest inflow of $11.7 Million, followed by Grayscale’s “ETH” with $5 Million. Further, Bitwise’s “ETHW” has added $2.8 Million. Notably, 21 Shares, VanEck, Invesco, and Franklin have recorded a neutral flow. On the other hand, Fidelity’s “FETH” recorded an outflow for the first time at $2.6 million. Grayscale’s “ETHE” outflow streak continues but has…

The post Cryptocurrency Market Records A Bullish Comeback, Bitcoin Reclaims $61K, Ethereum Hits $2.7K! appeared first on Coinpedia Fintech News Within the past 24 hours, the crypto space has successfully reclaimed the $2 Trillion mark with a jump of 6.60% in valuation. Notably, the crypto market has added $131 Billion from $1.99 Trillion and is presently valued at $2.13 Trillion. Further, the BTC price has recorded a 24-hour high of $62.673.73 with a trading volume of $43.23 Billion. On the…