Market

Mystery of Crypto, a popular analyst and cryptocurrency veteran, identifies ten altcoins with strong potential amidst the prevailing uncertain market conditions.  The crypto market is actively recovering from Monday’s shock, leading some to believe this is a good time to buy promising assets. Altcoin Picks for Optimal Performance Amid Market Jitters Amidst market fears, the crypto industry recorded over $1 billion of liquidations. It marked the biggest collapse a single day after the FTX scenario in November 2022. Spotting them for stability…

The post $2 Billion Ethereum In Move: Are Chinese Seized Assets About to Crash the Market? appeared first on Coinpedia Fintech News Ethereum wallets linked to the infamous Plus Token Ponzi scheme have suddenly become active, transferring 820,000 ETH, worth over $2 billion, in the past 24 hours. These wallets, inactive for more than three years, have raised fears of a potential crypto market crash.  The funds, originally seized by Chinese authorities, are causing concern as their unexpected movement raises…

In the fast-paced world of cryptocurrency, Pepecoin (PEPE) and Mpeppe (MPEPE) have emerged as standout contenders, each making significant strides with impressive gains. As the crypto market evolves, these two meme coins are capturing attention with their unique attributes and substantial growth. Let’s explore why Pepecoin (PEPE) and Mpeppe (MPEPE) are currently dominating the market and how they are reshaping the future of digital assets. Pepecoin (PEPE): A Trailblazer in Meme Coins Pepecoin (PEPE) has established itself as a notable…

The post Ark Invest Buys More Of HOOD And COIN As Market Rebounds appeared first on Coinpedia Fintech News As the wider crypto stocks recover, and amidst the recent market rebound, Cathie Wood’s Ark Invest has purchased more Coinbase and Robinhood stocks.  The company added 13,833 COIN stocks worth approximately $2.6 million to its portfolio alongside 84,080 HOOD stocks worth over $1.4 million. This comes after the asset manager began repurchasing the stock of the publicly listed crypto exchange. On…

The post Ripple’s Big News: The Partnership That Could Transform UAE’s Crypto Market! appeared first on Coinpedia Fintech News Diving into the exciting blockchain world, Ripple is making big moves in the Middle East by teaming up with DIFC. On August 7, Ripple, a prominent blockchain payments firm, announced a significant partnership with the DIFC Innovation Hub in the UAE. This strategic partnership reflects Ripple’s goal to tap into a massive $204 Million market in UAE’s booming crypto scene. What’s…

Bitcoin and the broader crypto market faced a notable price plunge on Monday, with the global crypto market cap losing $100 billion in valuation and total liquidations surpassing $1 billion. Interestingly, despite this so-called ‘Red Monday,’ Eric Balchunas, a Bloomberg Senior exchange-traded fund (ETF) analyst, revealed in a post uploaded earlier today that investors of BlackRock’s crypto fund, IBIT, maintained their holdings without flinching. Unshaken By Market Meltdown According to Balchunas, during this chaotic period whereby panic selling may be…

Solana (SOL) is leading the crypto market recovery following the massive Monday crash. SOL registered some of the largest gains after reclaiming the $140 support zone on Tuesday morning. Its strength was highlighted by several market watchers, who shared their bullish predictions for the token. However, an analyst warned investors of a key level to watch out. Solana Leads The Market Recovery As the crypto market recovers, Solana saw a massive 30% bounce from its lowest trading price of $110,…

Bitcoin (BTC), Ethereum (ETH), and the broader crypto market have notably recovered following Monday’s market meltdown. After dipping to the $49,000 level on August 5, Bitcoin is now trading at $57,375. Similarly, Ethereum has regained its footing at $2,519 after plummeting to as low as $2,100 on the same day. Bullish Sentiments Persist Despite Macroeconomic Risks Data from Santiment revealed that the crowd played a massive part in crypto rebounding over the past 30 hours. Analysts attribute this rapid rebound…

The post Crypto Market Today: Is This Just a Correction or the Start of a Bear Market? appeared first on Coinpedia Fintech News Bitcoin’s Price recovered over 13% to $49,557 after a big slump. The Crypto Fear and Greed Index reached “Extreme Fear” for the first time in two years, and U.S. spot Bitcoin ETFs lost $168.4 million. The market sentiment indicator dropped to 17 out of 100 on August 5, its lowest since July 12. The Japan stock crash…