Market

Solana-based meme coin Dogwifhat (WIF) has seen a significant price and market capitalization surge over the past two weeks, recording a 68% increase in value during this period. WIF reached $2.81 on Monday, marking its highest monthly valuation.  The token’s market cap has also experienced significant growth, nearly doubling in just one month from $1.5 billion to its current market cap of $2.8 billion. Nevertheless, experts anticipate further growth in WIF’s market capitalization, potentially resulting in the token surpassing its…

For many weeks, the broader market has remained on the edge, waiting for the confirmation of the altcoin season. During this period, altcoins have shown a glimpse of what’s possible as prices have jumped. Despite the optimism, some of the top altcoins have struggled to keep up with the uptrend. Amid these swings, new predictions have emerged. Catalysts Are Ready for Altcoin Season, Analyst Proclaims  One of the major predictions that has emerged is from Michaël van de Poppe, the…

The post Ethereum ETF: Exploring New Opportunities Amidst Price Surge in the Cryptocurrency Market appeared first on Coinpedia Fintech News The recent price surge of Ethereum, coupled with the potential approval of Ethereum Exchange-Traded Funds, offers renewed optimism and investment opportunities in the cryptocurrency market. Market Volatility and Investor Uncertainty in Cryptocurrencies The cryptocurrency market has long been characterized by high volatility, leaving investors grappling with uncertainty. Amidst this environment, Ethereum, the second-largest cryptocurrency by market capitalization, has been trading…

Mexico City, Mexico, July 22nd, 2024, Chainwire Etherfuse, a pioneering platform for the issuance of tokenized real-world assets, announced today that it has successfully raised $3 million in a seed funding round. The round was co-led by White Star Capital and North Island Ventures, with participation from The Department of XYZ, The Stellar Development Foundation, Funfair and angels Alice Ann Schwartz & Anna Yuan. This funding will support Etherfuse in its mission to make global capital markets more efficient and…

The post Rebound in Crypto Market In the Near-Term Is Likely To Be Temporary: JPMorgan appeared first on Coinpedia Fintech News JP Morgan, in a research report last week said that any rebound in cryptocurrency markets in the near term is likely to be tactical and not the beginning of a new long-term bullish uptrend. This was because the price of bitcoin (BTC) is currently too high versus its production cost of $43,000, and relative to its volatility-adjusted comparison to…

The post Bitcoin Price Remains Firmly Entrenched in Bull Market; Eyes $74k Levels appeared first on Coinpedia Fintech News Bitcoin continues to show strong bullish trends on the daily timeframe, yet analysts are flagging short-term warning signals that warrant attention. According to analyst Crypto World, the largest cryptocurrency remains firmly entrenched in a bull market, maintaining its larger bullish trend. The super trend indicator, which is currently green, supports this ongoing positive price structure. Despite occasional pullbacks, the bullish trend…

The crypto market has made significant strides since the recent downturn. Bitcoin has been holding strong above $65,000, and altcoins have improved markedly. While it is not trading downward, Polkadot ($DOT) battles to get ahead.  While the crypto market significantly recovers following recent losses, Polkadot ($DOT) struggles to gain ground. The cryptocurrency witnessed a volatile week, wiping out most of the gains it made the previous week. $DOT currently trades for $6.25.  $DOT Struggles to Gain Ground Polkadot has had…

The post Massive Token Unlock Alert: $208 Million Set to Flood the Market appeared first on Coinpedia Fintech News The crypto ecosystem will experience a sell-off in multiple crypto tokens due to token unlocking. Investors will unlock a total of $208.53 million worth of tokens in the next 7 days. Let’s explore these tokens and what we can expect from the market. Major Token Unlocks on the Horizon Drops Tab data reveals that 26 tokens will unlock in the upcoming…

The post Cryptocurrency Market Records A Strong Recovery, Bitcoin Reclaims $66,500, Ethereum Hits $3.5K! appeared first on Coinpedia Fintech News After trading under a bearish sentiment for the past two days, the crypto market has recorded a jump of 3.41% within the past day, from $2.35 Trillion to $2.43 Trillion, a jump of over $80 Billion. Further, the price of BTC has recorded a 24-high of $67,442.42 with a trading volume of $36.22 Billion. Following this, Ethereum price has reclaimed…