Market

The top market analyst has projected that XRP is on course to retest ATH by September. The coin could deviate from this course, a scenario that will be unprecedented. EGRAG, a prominent analyst in the crypto market believes XRP could retest its all-time high (ATH) of $3.84 within the current market cycle. The analyst’s prediction comes amid a recent decline in the price of XRP despite a resurgence in the broader market. EGRAG Cites XRP Historical Patterns EGRAG stresses that…

The post Bitcoin Believers in Profits As Market Enters ‘Belief’ Phase! appeared first on Coinpedia Fintech News The Bitcoin market is currently experiencing a strong ‘Belief’ phase, indicated by a Net Unrealized Profit and Loss (NUPL) value of 0.55095269. This metric reflects the gap between the market cap and the realized cap divided by the market cap. It reveals a significant group of investors are holding onto Bitcoin with substantial unrealized profits. Despite a slight 0.67% drop in the last…

The post Is The Bitcoin ETF Rally Over? Here Are The Top Reasons Behind Recent Market Slowdown appeared first on Coinpedia Fintech News The crypto market’s recent rally, driven largely by the surge of inflows into cryptocurrency exchange-traded funds (ETFs), seems to be losing momentum. As per the Kaiko Report, here’s what could be causing this shift and what it might mean for investors. The ETF Rally Stalls ETF inflows have been a significant driver of the crypto market’s recent rally,…

VeChain is expanding its footprint in Europe with Oobit payments integration. With many licenses in its portfolio, VeChain foresees a greater revolution in payments through blockchain. Enterprise blockchain solution VeChain (VET) has announced entry into the European payment market through an NFC integration. The integration promises to revolutionize spending for Android users in Europe. VeChain Collaborates With Oobit As revealed in a press release, Oobit will include VET, VeChain’s native currency, into its Tap & Pay function, which allows users…

While many cryptocurrencies are falling into the bearish trap, NEAR Protocol (NEAR) and TRON (TRX) have shown great potential to follow an upward trajectory. However, Borroe Finance ($ROE) has become the top investors’ choice ahead of the exchange launch. Investors are aiming for higher returns with $ROE. Let’s learn more about these top crypto coins. Navigating NEAR Protocol Trend NEAR Protocol has been one of the best altcoins to watch in 2024. Despite trading significantly low from its all-time high,…

Discover the BEFE Coin meme coin capturing the crypto space. The budding crypto has been the talk of the market lately. Let’s take a look at BEFE Coin’s features, community support, and why it’s capturing hearts and wallets. The Growing Meme Coin Frenzy The growing popularity of “meme-focused” coins like BEFE showcases changes in the crypto world. In this case, therefore, online communities and trends are of the greatest importance. While traditional cryptocurrencies are still the way to go, meme…

Amid the current market dip, various analysts have studied market trends and compiled the best cryptocurrencies to buy now. The top picks to buy in the market dip include Bitcoin (BTC), KangaMoon (KANG), Uniswap (UNI), Dogecoin (DOGE), and Bonk (BONK) Remarkably, most price predictions for the above cryptocurrencies are bullish, suggesting that they will add substantial gains on their values. KangaMoon Price Could Jump to $0.5 in Q2 KangaMoon (KANG) presale sparks interest among meme coin enthusiasts, reaching over $6…

After an extended period of sideways consolidation, Bitcoin witnessed a downtrend, breaking below the significant support zone of $59K. However, a notable bullish rebound near the 100-day MA suggests the potential for a resurgence in buying pressure. Technical Analysis By Shayan The Daily Chart Upon a comprehensive review of the daily chart, it becomes evident that Bitcoin underwent an extended phase of sideways consolidation within the pivotal price range of $59K to $72K. The recent price action saw a decline,…

The post These Altcoins Are Set To Outperform The Crypto Market In May! appeared first on Coinpedia Fintech News The cryptocurrency industry has successfully recorded a bullish reversal in its chart with top altcoins witnessing significant gains in their respective portfolio over the past seven days. Furthermore, the market leader, BTC price, has reclaimed the $65K mark, highlighting strong bullish sentiments. With the rising interest of investors in the mid-cap and low-cap altcoins to maximize their profits, the crypto market…