Market

The post Bitcoin Market Update: Bullish Sentiments Rise appeared first on Coinpedia Fintech News Bitcoin’s Open interest has rebounded to $17.47 billion, a 1.3% jump in 24 hours. The funding rate has improved, reflecting bullish sentiments. Further, Bitcoin’s network transfer volume increased by 1.57% in the last 24 hours, with a value of 481,332 BTC. Addresses also surged by 4.22%, reaching 1.37 million. Transactions, however, dipped slightly over the last 24 hours. Overall sentiment remains bullish, with the Binary CCD…

The post The Crypto Market Kickstarts July On A Bullish Note As BTC Price Jumps 4.38%! appeared first on Coinpedia Fintech News After concluding the month of June on a bearish note, the valuation of the global Cryptocurrency market has recorded a jump of 4.12%, from $2.25 Trillion to $2.33 Trillion, a jump of $80 Billion within the past 24 hours. Moreover, the market leader Bitcoin price has reclaimed the $63K mark and the Ethereum token has added 3.73% in…

The post Sony Group Officially Enters Crypto Market With Amber Japan Acquisition appeared first on Coinpedia Fintech News By acquiring Amber Japan, the Japanese subsidiary of the global Amber Group which provides regulated digital asset trading services, Sony Group has officially entered the crypto exchange market. The latest move is a part of Sony’s strategy to diversify its portfolio, which already boasts a market value exceeding $100 billion. Notably, In March 2023, Sony filed a patent for an ‘NFT Framework…

There is currently a mix of winners and losers in the cryptocurrency market right now with top altcoins like Ripple (XRP) and Aevo on the negative side as they grapple with bearish price movements amid market volatility. On the positive side, an emerging presale coin with AI and Social-Fi features, Raboo  is performing exceptionally well, exceeding expectation in its ongoing presale and promising an outlook with potential to deliver a 233% yield to early investors over the course of its…

Due to a sizable user base and high trading volume, Notcoin has risen to become the third-largest gaming coin by market cap. Averaging $1.5 billion in daily trading volume, Notcoin leads the gaming token market across various ecosystems. The gaming token market has seen Notcoin (NOT) solidly establish itself as a major player. With 100% token distribution to its users, it has surged to the position of the third-biggest gaming coin by market cap very quickly and surpassed Axie Infinity. At…

The post Coinbase Reveals Futures on SHIB, AVA to Deepen Crypto Market Access appeared first on Coinpedia Fintech News Coinbase is here to shake things up! In a strategic move to expand its product offerings, Coinbase has filed for regulatory approval from the Commodity Futures Trading Commission (CFTC) to offer futures on several altcoins, including SHIB and AVA. This initiative aims to enhance trading options and attract more institutional investors, with the new futures potentially launching as early as July…

The post Tech Companies Confidence In Hong Kong’s Virtual Asset Market appeared first on Coinpedia Fintech News A large number of technological companies have returned to Hong Kong in the past year which shows their confidence in the future development of Hong Kong’s virtual asset market. The financial director of OSL group underscored Hong Kong’s advantages in developing the virtual asset market. He also stated that the SAR government’s declaration on virtual assets in 2023 has strengthened a lot of…

The post Altcoins Holding Market Expectations: Quant (QNT) & Arweave (AR) Prices Surge High! appeared first on Coinpedia Fintech News The bears are slowly squeezing all the profits gained in the past few days, indicating the markets are approaching the peak of the consolidation. Therefore, some of the altcoins have already initiated a bullish breakout. Quant has reached the end of the consolidation and hence a breakout was pre-programmed. Meanwhile, Arweave is trying to maintain a healthy upswing by holding…

May 2024 emerges as a pivotal month for Bitcoin, witnessing a notable amount of liquidation by long-term holders. Blockchain analytics firm IntoTheBlock highlighted a sell-off totaling roughly $10 billion, equivalent to approximately 160,000 BTC. This trend marked a significant departure from the usual holding patterns seen among long-term investors, who typically help stabilize Bitcoin prices by holding through volatility. Bitcoin Stability at Risk? Notably, these long-term Bitcoin holders, also known as the stalwarts of the Bitcoin community, have traditionally served…