Market

Polygon (MATIC) has struggled to maintain its price above $0.75, falling to $0.61 due to strong bearish resistance. Technical indicators, including RSI, Ichimoku Cloud, and MACD, suggest a prevailing bearish trend with limited buying momentum. Polygon (MATIC) is currently navigating through a challenging period as it faces strong resistance and bearish sentiment, hampering its efforts to break higher price levels. Over the last 30 days, MATIC’s price has been unable to sustain above $0.75, resulting in a decline to $0.59…

The post What Spot Ethereum ETFs Could Mean For Bitcoin And The Crypto Market appeared first on Coinpedia Fintech News The introduction of Spot Ethereum ETFs represents a monumental shift for the entire crypto market, heralding a bullish trend for major players like Bitcoin (BTC) and Ethereum (ETH), and especially for innovative DeFi altcoins such as ETFSwap (ETFS).  These ETFs are set to provide unprecedented institutional access to Spot Ethereum ETFs, boosting liquidity and market confidence. For ETFSwap (ETFS), which…

Buckle up, crypto enthusiasts; this week has been a rollercoaster! Render's price took a nosedive, leaving some investors feeling rendered speechless. Also, Cardano seems stuck in neutral, neither accelerating nor decelerating. But fear not, because Raboo is rallying like a champion, with its price soaring through the roof. This article will analyse the market frenzy and each coin’s behavior and discuss the factors that influence it. Read on to find out more. Render’s price plunges According to Coin Market Cap,…

Australia is gearing up for a significant development in the crypto market. The VanEck Bitcoin ETF will start trading on the Australian Securities Exchange (ASX) on June 20. Australia’s primary stock market has listed an exchange-traded fund (ETF) that invests directly in Bitcoin for the first time. Bitcoin Struggles Despite Australian ETF Developments The ASX, which handles the majority of equity trading in Australia, has confirmed that VanEck is currently the only applicant to have received approval. However, discussions are…

Ethereum Classic (ETC) and Bitcoin Cash (BCH) have both seen a decline in value which has subsequently resulted in a dip within their market cap. As a result, many traders have already begun to diversify their holdings, looking for additional ways through which they can amplify the profit potential of their portfolio. Rollblock (RBLK) is a presale-stage project which is set to break records in 2024 due to its unique revenue-share model. Today, we will jump into the project and…

The post Crypto Market on Brink of Massive Capitulation : Top Indicator Predicts Major Crash appeared first on Coinpedia Fintech News Bitcoin (BTC) price closed on a bearish note last week, below $67k after struggling to rally beyond the recent all-time high (ATH). The flagship coin continued with the bearish sentiment on Monday, with the weekly Relative Strength Index (RSI) dropping below 62 percent for the first time since October last year.  The recent Bitcoin drop below 66k has increased…

The crypto market is getting more interesting by the day with the emergence of new cryptocurrency. In the latest episode, Ripple (XRP) network announced the upcoming launch of its stablecoin, Ripple USD (RLUSD).  However, Ripple is not the only one walking the path. Kaspa (KAS) representative also left a hint in an interview about the company’s plan to launch a stable coin as well. Amidst this development, Angry Pepe Fork (APORK) has emerged in the presale market as a beacon…

Securitize Europe completed Spain’s first on-chain secondary transaction of a tokenized financial instrument on Avalanche. This transaction demonstrates how blockchain technology can enhance transparency in regulated markets. Securitize Europe Brokerage and Markets has achieved a significant milestone by conducting the first formal on-chain secondary transaction of a tokenized financial instrument in Spain. This transaction, represented on a public blockchain, marks a pivotal moment for integrating blockchain technology into regulated markets, enhancing transparency and efficiency. This is a significant milestone in…

As the market takes a downturn, experts eye specific altcoins poised for significant growth. Despite widespread challenges, these tokens show promise to surge. Analysts highlight three contenders that could potentially lead the next wave of gains. Delve into which altcoins are catching attention and why they might break away from the pack. The future of these digital currencies could hold impressive opportunities for those watching closely. CYBRO Gets on Crypto Whale's Radar with Presale of Its Tokens CYBRO is a…