Market

The post XRP Surges 30% in Volume As $30B Market Cap Nears appeared first on Coinpedia Fintech News The trading volume of popular crypto XRP increased by 30% over the past day, reaching $794M, representing the spot market. The volume of XRP derivatives trading, namely perpetual futures, grew by 11.29% over the last 24 hours. The total trading volume of XRP during the period was at an estimated $1.4B. The rise in trading volumes coincides with XRP approaching the $30B…

After Bloomberg ETF analysts revised their Ethereum ETF approval probability, the broader market experienced an upswing, with most altcoins recording additional gains in price value. Alongside this, BNB announced its plans to utilize AI to enhance its ecosystem. Toncoin on the other hand, has been experiencing declining investors' bullishness. Meanwhile, Rollblock (RBLK), an emerging online crypto casino, is scaling to greater presale heights, with an increased buying frenzy. Its revenue-share model and robust ecosystem have positioned Rollblock among the best…

The initial excitement around the crypto market in early 2024 seems to be fading, as major players like BNB and Solana face challenges. BNB is having difficulty gaining momentum, while Solana is dealing with considerable obstacles. Amid this turbulence, a new crypto presale is gaining attention, outperforming these well-known industry leaders. Say hello to Raboo, a new player in the rapidly growing meme coin market. It meets at the apex of AI innovation and SocialFi mechanics and offers presale investors…

The post XRP Ignores Ripple’s Drama: Experts Say Broader Market Calls the Shots appeared first on Coinpedia Fintech News XRP, Ripple’s digital currency, is on a rollercoaster ride! After failing to break above $0.5450, it’s now flirting with a potential drop towards $0.512. Is this just market volatility, or are there deeper forces at play? Analysts are pointing fingers away from Ripple’s ongoing lawsuit and escrow decisions, suggesting a surprising culprit. Intrigued? Dive in to see what’s really driving XRP’s…

The post Ethena’s TVL and Market Cap Surge: Is It the Next Big Thing? appeared first on Coinpedia Fintech News After a slow month, Ethena’s TVL is going parabolic. It is currently at $2.75B, marking a nearly 20% increase in the last two weeks. Ethena’s market cap stands at $1.4B, with its price per ENA at $0.919, surging 26% in the past seven days. This explosive growth signals strong investor confidence and highlights Ethena’s potential to be the next big…

Bitcoin price is slowly losing momentum and struggling below $70,000. BTC is now consolidating and facing hurdles near the $69,500 resistance zone. Bitcoin is facing many key hurdles near the $70,000 zone. The price is trading above $69,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $69,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move down if it stays below…

The post The Crypto Market Loves Meme Coins. These 3 Tokens Are Fan Favorites appeared first on Coinpedia Fintech News Meme coins are all the rage right now, with several tokens reaching for the stars. But the crypto market has spoken, and the three firm favourites to shoot the moon this year are Dogecoin, Floki Inu, and a hot new meme coin that is grabbing investor sentiment across the crypto sphere. Each of these coins is poised to make their…

Polkadot has been holding strong this week, which aligns with the overall market uptick.  The market consolidated this week, with Bitcoin and the altcoin market all gaining value. Polkadot ($DOT) remained in line with market gains, surging past $7 and its critical $7.50 price point.  $DOT Holds Above $7 Despite Volatile Week Polkadot gained some of its strength this week after the price fell below its crucial $7 trading level last Sunday, closing the session at $6.93. $DOT ended the…

CORE, the native token of the layer-1 network CoreChain, has surged over 20% in the last 24 hours. This is a notable price increase, considering the downward trend in the broader crypto market with the prices of other major cap tokens, including Ethereum (ETH) dumping.  Why CORE Soared By Over 20% CORE’s price rallied by over 20% following crypto exchange Coinbase’s decision to add the crypto token to its listing ‘Roadmap.’ That means the foremost US crypto exchange plans to…