Market

Currently, Solana (SOL) is the fifth-largest cryptocurrency, with a market capitalization of approximately $71 billion. Following the recent decision by the US Federal Reserve to cut interest rates by 0.50% on September 18, the cryptocurrency market has seen a resurgence in investor confidence, leading to notable price increases for SOL. In light of these developments, asset management firm VanEck, through its research arm MarketVector, has released compelling predictions regarding Solana’s future. The report highlights Solana’s technological advancements and raises questions about…

Ethereum, the second-largest cryptocurrency by market capitalization, is signaling a potential price recovery based on recent data from its perpetual futures market. According to a CryptoQuant analyst named Shayan, Ethereum’s futures market has noticed a notable shift that could indicate an upcoming price surge. The key to this analysis lies in the 30-day moving average of Ethereum’s funding rates, which has started to show a slight bullish trend after a period of decline. Futures Market Suggests Ethereum’s Price Breakout Is…

Amid regulatory uncertainties in the U.S., a surprising player might soon shake up the crypto scene. While the SEC wrestles with custody issues, China could be on the brink of igniting a major market surge. This move has the potential to elevate Bitcoin and push certain altcoins to unprecedented levels. Discover which coins are poised for explosive growth. CYBRO Presale Exceeds $2.5 Million: A One-in-a-Million Next GEN DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales as its…

The Bitcoin futures market is seeing a rise in leverage, which may signal an impending short squeeze that could lead to a bullish rally, according to a recent report by a CryptoQuant analyst, known as Percival. Percival insights shared earlier today on the QuickTake platform detailed the current state of Bitcoin leverage and the potential impact it could have on Bitcoin’s price trajectory. Bitcoin Open Interest And Leverage Surge Amid Volatility According to Percival, the futures market consists of two…

By Matthew Hayward, Senior Market Analyst at PrimeXBT Historically, Bitcoin and the broader cryptocurrency market tend to experience a downturn in the month of September. This month has typically led to bearish price action movements, with both Bitcoin and other cryptocurrencies seeing consistent negative returns. However, this September has been unusually eventful, with heightened price activity driven by shifts in the macroeconomic landscape and signals from central banks regarding potential policy adjustments. These factors have created a “perfect storm” of…

The crypto market is buzzing with excitement as a few standout altcoins show immense potential. These digital currencies are preparing to make waves with astronomical returns following the recent interest rate cuts. Investors are on edge, eager to discover which coins could deliver explosive growth. The article delves into these promising opportunities, unveiling the top contenders poised to redefine the market. Overview of Solana and Its Native Cryptocurrency SOL Solana is a blockchain platform known for its emphasis on scalability…

The altcoins are preparing to follow Bitcoin higher as their combined market capitalization breaks out. Could this be the start of the next stage of the bull market? Altcoins stirring at last The altcoins are stirring at last. So far in this crypto bull market, the main player and mover, without question, has been Bitcoin. Among the altcoins, very few have kept up with the number one cryptocurrency, and even less have outperformed it. However, following the latest price surge…

With the current state of the crypto market, many would hope to get an investment that is of low risk and high reward. In the myriad of tokens available on the market, Rexas Finance (RXS) is one of the most attractive projections under 1$, which targets established market leaders such as Ethereum (ETH) and Solana (SOL). This is why Rexas Finance would be interesting for those looking for more than the basic opportunities with crypto. Selling Proposition Of Rexas Finance…

As the last week of September commences, financial markets look out for multiple US economic events. However, a handful of them will influence the portfolio and investment strategies of crypto investors, either directly or indirectly. Bitcoin (BTC) is off to a good start this week, holding well above the $63,000 threshold in the early hours of the Asian session. Manufacturing and Services PMI The business survey committees will release data about the purchasing managers’ index (PMI) for manufacturing and services…