Market

The post Altcoins That Can Hit $1 Billion Market Cap in 2024: DTX, ZRO, and ENS appeared first on Coinpedia Fintech News Yesterday was a big day for the whole crypto community as the Ethereum ETFs debuted in the market. According to CF Benchmarks, $1.07 billion of shares changed hands in the Ethereum ETFs. This is another catalyst for the market to run up to its all-time high. Investors are preparing for the next bull run, but the big question…

The post Will DOGE Price Survive Market Pullback For A 2x Breakout Run? appeared first on Coinpedia Fintech News After early July, the correction is viewed as a temporary pullback to recuperate the bullish momentum. However, as one of the market’s fastest movers, meme coins experience a massive surge in selling momentum as the broader market corrects. In the last 24 hours, the leading assets such as Dogecoin (DOGE), Shiba Inu (SHIB), Pepe Coin (PEPE), and BONK showed a 5-6%…

The post MANTA and Raboo Fuel Market Excitement As Shiba Inu Falls Behind With Lacklustre Performance appeared first on Coinpedia Fintech News The crypto market has been nothing short of dramatic since the year began. As significant events dictate the fate of the market, investors are starting to look for new promising projects. MANTA and Shiba Inu are two coins that have been significantly affected by the market’s unpredictability. That is why their holders are rallying to Raboo’s presale, a…

The post Market Braces for BTC Price to Hit $80k in July, Investors Double Down on DOGE and AI Platform Algotech  appeared first on Coinpedia Fintech News The Bitcoin price has been on a tear lately, and analysts are predicting a wild ride with a potential $80,000 Bitcoin price tag by July!  This electrifying prediction has sent shockwaves through the crypto community. But is this a sign of a booming bull season or a bubble waiting to burst? Meanwhile, investors…

Source: Depositphotos As recently as a few short years ago, it would have been foolish to claim that memecoins could challenge the dominance of more traditional tech and infrastructure projects. Memecoins, after all, had no inherent utility, deriving their value instead from community support, viral marketing, and the power of shared cultural experiences. Initially perceived by many to be a “here today, gone tomorrow” phenomenon, memecoins  were humorous ventures that sprung to life from social media riffs and in-jokes, patently…

The post How Ripple’s “RLUSD” Will Shake the Stablecoin Market: USDT, USDC Under Fire? appeared first on Coinpedia Fintech News In the latest Thinking Crypto Podcast, Tony Edward interviewed Markus Infinger, SVP of RippleX, discussing Ripple’s upcoming stablecoin, RLUSD, and its potential impact on the crypto market. With RLUSD’s introduction, Ripple aims to strengthen its position in the growing stablecoin sector. Offering RLUSD on both the XRP Ledger and Ethereum main chain enhances accessibility and flexibility for users and investors.…

The post Market Reactions To ETH Spot ETF Launch Appear Muted appeared first on Coinpedia Fintech News The market’s reaction to the ETH Spot ETF launch has been muted, with investors waiting to see if it follows the “buy the hype, sell the news” pattern. The options market seems to be expecting more downside movement in the near term, heightened by the US Government and Mt Gox news. With the ETH Spot ETF potentially not impacting prices at the outset,…

The post Mt. Gox Cold Wallet Transfer Sparks Market Concerns appeared first on Coinpedia Fintech News The Mt. Gox issue is not over yet as today, 42,587 BTC worth $2.85 billion was transferred from the Mt. Gox cold wallet. Of these, approximately 37,000 will be repaid to repay creditors. There have been several Mt. Gox repayment issues recently, but the market has handled them easily. As a result, the price temporarily fell and is currently hovering around $66.7K. This price…

The post Crypto Market Is HODLing Today: Ethereum ETF, Bitcoin, Memecoins  appeared first on Coinpedia Fintech News The last ten days recorded a daily average $200 million inflow into Bitcoin Spot ETF, Friday aline registered $385 million, and on Tuesday exceeded $ 530 million. Despite increased inflows spot BTC ETFs, the Ethereum Spot ETF approval news the total crypto marketcap is down 1.32% today. TOTAL hovers around to $2.4 Trillion from the past 3 days days.  This is anticipated to…