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Filecoin (FIL) is taking the spotlight in the crypto market, and humming with activity. Both analysts and investors are attentively observing the digital asset; many of them project a rapid increase in the not too distant future. A convergence of events drives this hope. One such indicator is the TD Sequential, a technical analysis tool reserved for professional traders; it has just produced a bullish signal for FIL. The number of individuals with a positive outlook for the altcoin has…

Recent data shows that Bitcoin has completely detached from US stocks. This is significant considering how the flagship crypto and these stocks had a positive correlation before now, which undoubtedly positively impacted Bitcoin and the broader crypto market. Bitcoin Has No Correlation With US Stocks Data from the market intelligence platform IntoTheBlock shows that Bitcoin’s correlation with the Nasdaq 100 and S&P 500 has dropped to -0.78 and -0.83, respectively. This means that Bitcoin and these assets have a strong…

DWF Labs is doubling down on its bets in the broader crypto ecosystem amid ongoing market strain. The investment giant aims to continue to fund innovative projects as the market evolves overall. DWF Labs, a Web3 investor and market maker, says it will continue on its growth strategies despite current struggles in the market. The market maker has promised to be more dynamic and robust as it continues with its ongoing expansion initiatives. DWF Labs Web3 Expansion Plans As revealed…

The post Top Underspoken Altcoins To Beat The Market in July  appeared first on Coinpedia Fintech News With the increasing chances of Bitcoin hitting the $60,000 mark this week, the bull run chances for this month are growing stronger. Further, the recovering rally in the altcoins gaining momentum signals a potential bull run.  With high anticipations of a bull run in the market, here are the top underspoken altcoins ready for a massive jump. So, let’s look closer at the…

The post These Ethereum-based Altcoins To Dominate The Bull Market? appeared first on Coinpedia Fintech News With the altcoin leader, Ethereum price holding its value above its important support level of $3,000, altcoins have started regaining momentum and have displayed a strong bullish price action this week. Moreover, ETH-based tokens have recorded the highest gains, highlighting an increase in the investor’s interest in these altcoins to maximize their profits during the upcoming bull rally. Let’s go as, in this article,…

The post Crypto Market Today: Why Ethereum and Solana Are Must-Buys in This Dip appeared first on Coinpedia Fintech News Bitcoin and Ethereum have recently experienced significant price drops, causing widespread concern among investors. Bitcoin’s fall below $55K triggered major trading signals, breaking the short-term uptrend since last August. Historically, similar corrections have lasted over two months before a bull run resumes.  VirtualBacon, a Crypto analyst points out that the recent market dip isn’t just about German selling of 27,000…

The post With The Price Of Bitcoin Dropping 2.5%, The Cryptocurrency Market Stumbles Again! appeared first on Coinpedia Fintech News After trading under a bullish sentiment for three consecutive days, the crypto market has recorded a correction of 1.43% in its global valuation, from $2.16 Trillion to $2.13 Trillion, a drop of approximately $30 Billion. Moreover, the BTC price has failed to hold its value above the $58,000 mark, resulting in it recording a 24-hour low of $57,120.38. Positively, the…

The price of PEPE has inked forward despite the massive selloff scare from a top whale. PEPE on-chain metrics are positive including user growth which might catalyze price recovery in the long term. Pepe Coin (PEPE), a frog-themed memecoin has jumped by 12% despite a huge sell-off from a top market maker. PEPE’s recent movement defies market expectations and coincides with recovery in the entire crypto market. Market Maker Dumps 702.9B PEPE Insights revealed by the on-chain tracker Mest show…

The few issues between the US SEC and the spot Ethereum ETF issuers as depicted in the S-1 update fillings are an indication of imminent listing ahead. The Ethereum network has grown to a major supporter of the global web3 ecosystem, thus attracting more institutional and retail investors. In a recent interview, Katherine Dowling, the Chief Compliance Officer of Bitwise, reiterated her confidence in the inevitable listing of several spot Ethereum (ETH) exchange-traded funds (ETFs) this summer. Dowling noted that…