Market

The current market shows signs of a significant upswing. A selection of altcoins stands out, poised to lead this expected upward trend. Investors are closely watching these coins, anticipating their potential influence on the wider market's performance. The article dives into the altcoins at the forefront of this movement, examining the reasons behind their favorable position and the enthusiasm surrounding their future. BlastUP Presale Hits $6 Million, Investors Hurry to Buy $BLP Before May Ends The ongoing BlastUP presale is…

Bitcoin price extended losses and traded below $68,800 support. BTC is now consolidating and facing hurdles near the $70,000 resistance zone. Bitcoin extended its decline below the $68,800 support zone. The price is trading below $69,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $69,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move done unless the bulls push it back…

The post Crypto Market Update: Solana ETF, Shiba Inu Burn Rate, and Furrever Token $20K Competition Deadline Soon appeared first on Coinpedia Fintech News The cryptocurrency market is abuzz with exciting developments across various tokens. This week, we spotlight the significant events surrounding Solana, Shiba Inu, and Furrever Token. From the anticipated approval of a Solana ETF to Shiba Inu’s impressive burn rate and Furrever Token’s lucrative competition, here’s everything you need to know. Shiba Inu’s Remarkable Burn Rate Surge…

The post Analyst Warning: Bitcoin’s ATH Break Could Overshadow Altcoin Market appeared first on Coinpedia Fintech News The Bitcoin market continues to dance around the $70,000 level. As we are trying to sort out where we are going next. Prominent crypto trader “Crypto Tony” has shared a crucial piece of advice for the crypto community. As Bitcoin approaches its all-time high (ATH), Tony warns that this milestone could momentarily shift investor focus back to Bitcoin, potentially setting back altcoins in…

The post Pepe Coin (PEPE) Hits New ATH With $6 Billion Market Cap Despite Heavy Sell-Offs appeared first on Coinpedia Fintech News The cryptocurrency market was taken aback today as Pepe Coin, known for its frog-themed design and popularity as a meme token, achieved a significant milestone. Despite facing substantial liquidations in the past 24 hours, the token continues to climb, reaching new heights in its journey. What’s fueling this unexpected surge? And can Pepe Coin maintain its momentum? Read…

The cryptocurrency market is in recovery mode, suggesting that the 2024 bull cycle is far from over. This sentiment is further strengthened by the Bitcoin chart mirroring the 2017 bull market. PlanB, in his recent analysis, explained that Bitcoin is only four months into this bull cycle. Bitcoin Mirrors 2017 Rally, Market Poised for Explosive Growth In his latest analysis, PlanB also said that Bitcoin is currently showing "2017 vibes." This was a very significant year as the price of…

Crypto markets are abuzz with excitement, with significant movements seen in XRP and Cardano. Ripple has shifted 50 million XRP, while recent Cardano news has driven a surge of activity on Cardano's network. The meme market craze continues, and Raboo stands at the forefront as a top investment opportunity. Cardano: Network Activity Surge Cardano's unique approach to proof-of-stake consensus and its robust smart contract capabilities are driving the recent increased usage, but despite the positive Cardano news, investors should be…

Hex Trust Group is launching a stablecoin in partnership with Flare. The stablecoin is billed to drive utility to the broader DeFi ecosystem. Flare Networks, a prominent partner to Ripple Labs Inc has announced a partnership with digital asset custodian Hex Trust Group for USDX stablecoin integration. Flare’s Plans for USDX Stablecoin Launch According to the announcement, the USDX stablecoin is designed to help push the Flare ecosystem forward. Based on the partnership agreement, Hex Trust will use its tokenization…

One Coinbase whale has purchased close to $2 million worth of WIF, the Solana-based meme coin, despite being the worst-performing of the top ten meme coins in the market. WIF was the only meme coin in the red over the past week, with BONK gaining 36% in that period, while PEPE and BOME jumped 25% and DOGE 12%. Dogwifhat was once the coin to own as it skyrocketed from relative obscurity to become the third-largest meme coin after DOGE and…