Market

The post Circle Execs Outline Impact Of MiCA On Broader Crypto Market appeared first on Coinpedia Fintech News Circle executives reveal the potential impact of MiCA on the broader crypto market. The Director of Strategy and Policy at Circle has highlighted the profound changes MiCA will bring and predicts that the EU crypto landscape is expected to localize, institutionalize, and consolidate with the MiCA entering the market. He further noted that MiCA’s introduction could lead to a more professional and…

The ENS token (Ethereum Name Service) has recently taken center stage in the crypto community, sustaining a 36% rise in in the last week. This steady surge has sparked widespread interest, with some analysts predicting a prolonged bullish trend, while others advise caution. ENS: Price Explosion & Renewed Investor Interest ENS, the native token of the Ethereum Name Service, which translates human-readable domain names into machine-readable wallet addresses, surged by over 2% in the past day. This propelled the token…

In a recent commentary on X, Daniel Yan, co-founder of Matrixport and CIO at Kryptanium Capital, offered a detailed comparison between the current crypto market dynamics and those observed in early June. His insights are especially relevant as the market approaches several key economic releases that could significantly influence the trajectory of major cryptocurrencies like Bitcoin (BTC) and Solana (SOL). History Repeating For The Crypto Market? Yan’s analysis began with an overview of the current market recovery, noting that both…

MultiversX leads DePin market with innovative programs and strategic expansions. MultiversX’s Building Blocks program supports early-stage growth by covering gas fees and enabling scalability. DePin (Decentralized Physical Infrastructure Networks) assets have been making major progress in the constantly evolving realm of cryptocurrencies. MultiversX is presently leading the pack in terms of top social and market activity, outperforming Helium, Akash Network, and others, according to the social intelligence company LunarCrush. DePin crypto assets have been top performers. Top assets with leading…

The post Bitcoin Market Update: Dormant Address Activates Amidst Bullish Trends appeared first on Coinpedia Fintech News Bitcoin (BTC) is currently priced at $62,995.60, with a market cap of $1.24 trillion, commanding a dominance of 53.52%. Over the past week, BTC has seen a 2.78% increase and a 7.01% rise over the past 30 days. Despite a slight 0.49% dip in the last 24 hours, transaction volume remains robust at $21.84 billion, with 346,753 BTC traded. In a notable event,…

In the financial market, historical trends often offer a glimpse into potential future outcomes and so far, July has historically been a strong month for both Bitcoin and Ethereum, and analysts are eyeing this pattern to predict another fruitful period. A Profitable July For Bitcoin And Ethereum According to seasoned market analysts from QCP Capital, Bitcoin has displayed a median return of 9.6% in July over the years, with a pattern of bouncing back significanly following lackluster performances in June.…

Bitcoin looks like it’s starting to kick off the week on the right foot, suggesting the end of the correction that lingered throughout June. While investors continue to ponder on Bitcoin’s price trajectory in July, on-chain data, price history, and strategic transactions point to a bullish July. Despite the short-term volatility, many investors remain bullish on Bitcoin’s long-term prospects. Notably, data shows an interesting $500 million increase in bids below the spot price and a rise in open interest, as…

Dubai, United Arab Emirates, July 1st, 2024, Chainwire Bybit, the world's second-largest web3 platform by trading volume, has recently ascended to the second position in terms of market share. To commemorate this remarkable achievement and extend our heartfelt appreciation to Bybit's global community, the Spot team is launching a reward program designed to enhance user benefits and elevate their trading experience. From now until 10AM UTC, July 11, all existing Bybit users and new users are invited to join a series…

The post List Of Altcoins Poised To Command Attention In Market appeared first on Coinpedia Fintech News Analyst Miles Deutscher took to his latest video and said that it was initially expected that the market would peak around November-December 2024. However, the current prediction suggests a more realistic peak in 2025 due to a recent market slowdown and pause in private funding and new launches. According to him, this slowdown has bought valuable time, which should be capitalized. The expert…