Market

BONK and WIF intensify market cap race amid an ongoing update on the potential Ether ETF approval. According to an analyst, WIF is completing a bullish cycle that could see the price hitting a double-digit while BONK also receives support from the trendline.  Recent reports that asset managers VanEck, 21Shares, Franklin Templeton, Grayscale, Fidelity, and BlackRock have submitted their updated S-1 documents triggered mini rallies among various memecoin. According to our data, the meme ecosystem reacted with a 1.24% surge…

The post From Worst to Best: These Beaten-Down Altcoins Could Soon Lead the Market As Frontrunners appeared first on Coinpedia Fintech News An analyst recently shared details about various cryptocurrency narratives, expressing confidence in the potential of meme coins, real-world assets (RWA), and artificial intelligence (AI) as major players in the current cycle. Despite gaming’s current lack of popularity, analyst Miles Deustcher believes it holds the potential for major growth in the future. However, in a contrarian move, the analyst…

The post Crypto Liquidations To Subside, BTC And Crypto Market To Rebound: JP Morgan appeared first on Coinpedia Fintech News Bitcoin And Crypto Market To Rebound In a recent research report on Thursday, JP Morgan stated that the crypto liquidations should decrease this month and the market is expected to see a massive rebound from August onward. The bank has also reduced its year-to-date crypto net flow estimate from $12 billion previously to $8 billion in an updated projection.   The…

As the cryptocurrency seas churn with the highs and lows of Shiba Inu and Solana, there’s a new contender bouncing into the arena. Shiba Inu and Solana are making waves, but none as splashy as the newcomer on the block—MOONHOP. This plucky contender is preparing to steal the spotlight with a presale that’s shaping up to be nothing short of a carnival. Ears perked and eyes glinting with mischief, MOONHOP isn’t just another coin; it’s a promise of a fun-filled…

Amidst the broader altcoin market recovery, Shiba Inu (SHIB) stands out with a 12.57% weekly gain, reflecting renewed investor interest. Despite challenges linked to Bitcoin’s volatility and German government actions, SHIB shows resilience with a price uptick to $0.00001665 and a market cap nearing $9.81 billion. Along with the recovery in the altcoin market, meme coins too have staged a stronger recovery. In particular, Shiba Inu (SHIB) has managed to outperform the rest of the altcoin market with 12.57% gains…

REX Shares has announced the launch of the T-REX 2X Long Bitcoin Daily Target ETF which will offer investors a 200% exposure to BTC’s daily performance. The company also announced an inverse ETF providing -200% exposure, making them the two most volatile ETFs in the US market and targeting risk-tolerant traders. The pursuit of outsized gains in the crypto market is set to take a fresh twist with the launch of America’s most volatile Bitcoin ETFs. Launched by REX Shares,…

The post Bitcoin, Ethereum, Cardano Rebound From Market Lows, Analyst Says Increase Will Continue appeared first on Coinpedia Fintech News Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) were listed as some of the biggest losers in the metaverse this past month. However, these tokens ended the last week on a good note, and analysts believe this new trend will continue. ETFSwap (ETFS) has also enjoyed a steady run as its presale raises millions. Important Indicator Signals Huge Recovery For Bitcoin…

The post Pepecoin Whale Swims To Mpeppe (MPEPE) As Market Dominance Grows appeared first on Coinpedia Fintech News The cryptocurrency world is witnessing a fascinating shift as significant investors, known as “whales,” move their assets from Pepecoin (PEPE) to the promising new contender, Mpeppe (MPEPE). This strategic migration highlights Mpeppe’s growing market dominance and its potential to become a major player in the meme coin arena. This article delves into why these whales are making the switch, the unique aspects…

Bitcoin is moving sideways at press time, absorbing the wave of selling over the last week. Even though there are some optimists, the candlestick arrangement in the daily chart points to weakness. This preview, at least from a technical angle, remains as long as prices trend below the round number of $60,000 and the liquidation level at around $66,000. Binance Bought The Bitcoin Dip Amid the recovery, one analyst, pointing to interesting on-chain data, observed that when prices fell last…