Market

The post Top Crypto News This Week: Crypto Market Faces $100B Loss as Bitcoin Price Struggles Below $64K appeared first on Coinpedia Fintech News Last week, the crypto market faced a steep $100 billion loss, pushing Bitcoin below $64,000. Despite multiple recovery attempts, Bitcoin struggled to regain stability, peaking at $66.5K before dropping to $63.4K. The upcoming week may see continued pressure, with bearish trends possibly halting any recovery. Meanwhile, positive market developments and regulatory news made Ethereum losing only…

Binance Exchange has integrated Tether (USDT) on the TON network. As the protocol powers Toncoin, users now have another option to move the world’s largest stablecoin. Popular crypto exchange Binance has continued on its mission to expand multi-chain functionality with a recent Tether (USDT) integration on the TON Network. This move opens the door for crypto enthusiasts to leverage the advantages of both platforms. USDT to See Enhanced Utility on TON Network  The integration allows seamless movement of USDT through…

The post Identifying the Strongest Altcoins During the Crypto Market Crash appeared first on Coinpedia Fintech News Analyst Miles Deutscher recently revealed that retail investors are losing faith in new token launches with high valuations and poor airdrop execution, leading to a preference for buying tokens with better public market liquidity. The analyst said that recent projects have had lower valuations in the public market compared to their private market valuations, suggesting that the era of easy VC wins might…

The post DNNY.COM: Impact of Regulatory Changes on Crypto Market appeared first on Coinpedia Fintech News Once the speciality of a tech fan, digital currency has made considerable progress to where it is now a worldwide pervasion in financial impact, taking everything into account from funds to craftsmanship. As it grows, the crypto market captures the imagination of governments and regulatory bodies, too. As a result of these modifications in the regulation of the cryptocurrency market, investors, developers, and everyone…

According to the latest insight from a CryptoQuant analyst, Bitcoin might be poised for a notable price correction. This possibility of a price correction is based on major Bitcoin metrics such as the Adjusted Spent Output Profit Ratio (ASOPR), signaling a notable implication for Bitcoin’s trajectory. Understanding ASOPR’s Role In Predicting BTC Corrections The ASOPR, a key indicator in the crypto market, measures the profit ratio of spent outputs by comparing the value at which coins were bought to the…

ADA and XRP undergo a massive shorting amid the ongoing market downturn, however, analysts believe that this could be a catalyst for a bullish reversal.  Another analyst discloses that crypto assets have about 8-10 months to return to bullish ways after their previous peak, implying that XRP’s rally is long overdue.  Amid the ongoing broad market downturn, Cardano (ADA) and Ripple’s XRP follow the bearish direction of Bitcoin (BTC) which has broken a crucial support level to trade below $64k.…

Ripple Labs transferred 250 million XRP, worth $122.50 million, to an unknown wallet, sparking speculation. The transaction and subsequent transfers have clouded the motive behind them, adding to market speculation amidst a bearish trend. Today, June 21, Ripple Labs transferred a significant amount of XRP, affecting the token’s market dynamics. 250 million XRP were transferred from Ripple to an unidentified wallet. This transaction has sparked a flurry of speculation regarding the future price swings of XRP. Big XRP Transfer by…

The post Could Ethereum Restaking Create a New Crypto Bond Market? Here’s What S&P Says! appeared first on Coinpedia Fintech News Ethereum staking services are gaining traction, with S$P Global Ratings predicting they could lead to a robust ‘internet bond’ market. This shift promises new yield opportunities for crypto investors. Ethereum Restaking: What’s It Ethereum holders can now earn additional yield by staking their coins to aid in transaction verification on the blockchain. This process, known as staking, reinvests staking…

The post Crypto Market Crash: Whales Are Targeting These Three Altcoins appeared first on Coinpedia Fintech News The current sentiment in the crypto market isn’t particularly favorable. To be honest, it’s not an ideal time, but paradoxically according to Altcoin Buzz, it’s always an opportune moment, especially now, to observe counterintuitive movements. The analyst gave a list of coins whales are buying in this dump.  Coin 1: Bitcoin Recent data from LookIntoChain shows Bitcoin whales taking advantage of lower prices…