Rally

Institutional investors are doubling their bets on Bitcoin, with investment funds related to the flagship crypto recording massive inflows last week. This development signals a bullish sentiment among these investors which could trigger a Bitcoin rally to $80,000.  Bitcoin Investment Funds Record $942 Million In Inflows According to CoinShares’ latest weekly report, Bitcoin investment products recorded a net inflow of $942 million. These inflows are said to have been “an immediate response to the lower-than-expected CPI report on Wednesday,” with…

Analyst Rekt Capital identifies Bitcoin’s position in the final stage of the halving retrace, indicating an imminent uptrend resumption. The cryptocurrency’s current re-accumulation phase and whale accumulation activities further bolster the outlook for a potential breakout. Over the last week, the Bitcoin (BTC) price has seen a healthy uptick amid strong inflows seen by the US spot Bitcoin ETFs once again. As of press time, the BTC is trading above $67,000 with a market cap of $1.320 trillion. Market analysts…

The post Why Crypto Market is Up Today? Is This the Start of Fresh Rally? appeared first on Coinpedia Fintech News The crypto market increased in the past 24 hours to about $2.75 trillion on Tuesday during the Asian session. Ethereum (ETH) remained at the epicenter of the recent crypto rebound, with a 20 percent rise to about $3,699. The ETH/BTC pair spiked over 13 percent in the past 24 hours, thus accelerating crypto cash rotation from Bitcoin.  Moreover, Bitcoin’s…

In a fascinating twist for the Shiba Inu (SHIB) community, the rate at which SHIB tokens are being burned has increased significantly, even as the price of the meme coin shows modest gains. Recent data from the Shibburn explorer indicates a 62.58% increase in the SHIB burn rate over the past 24 hours, with approximately 6.9 million SHIB tokens removed from circulation through 10 separate transactions. Recent SHIB Burn Events And Market Response: A Detailed Analysis Details of the 10…

Dogecoin sees significant accumulation by holders possessing between 1 million and 10 million tokens, indicating growing interest and confidence in the coin. Similarly, Shiba Inu and Bonk experience rallies are driven by developments like ShibaSwap’s launch and Bonk’s listing on a Korean exchange. Amid the GameStop frenzy, the cryptocurrency meme coin sector has benefitted the most with most of the meme coins registering skyrocketing gains this week. In the past 24 hours, three of the top ten meme coins –…

The post Shiba Inu 4,000% Increase In Burn Rate Triggers Bull Rally, Can Dogecoin Compete?  appeared first on Coinpedia Fintech News Popular doggy-themed meme coin Shiba Inu (SHIB) has experienced another substantial surge in its burn rate, soaring by 4,000%. The new milestone has fueled optimism about a potential bull rally, raising questions about whether Shiba Inu (SHIB) can now rival Dogecoin (DOGE).  Amidst this development, another crypto project has been recording multiple milestones recently. ETFSwap (ETFS), a decentralized exchange,…

The post Here is What’s Next for Pepe (PEPE) Price Rally: Will it Reach $0.000015 This Week? appeared first on Coinpedia Fintech News The Pepe price is rising again! Memecoins, along with other popular altcoins, are gaining traction as the BTC price maintains an upward trend. After breaking above the bullish pattern, the PEPE price is following a consolidated upswing, forming consecutive higher highs and lows. This suggests the price is prone to extended bullish action, provided the bulls gain…

Amidst a significant surge displayed by Dogecoin (DOGE) recently, popular crypto analyst Crypto Daily Trade Signals has identified a symmetrical triangle pattern in the price movements of the crypto asset, indicating a possible continuation of the present rising trend. Based on the expert analysis, Dogecoin, which has attracted a lot of attention and interest from investors lately, may be preparing to build on its current momentum and make more gains. Significance Of Dogecoin Symmetrical Triangle Pattern A symmetrical triangle chart…

The focus will be on how Option2Trade (O2T) leverages its initial momentum to build a lasting presence in the cryptocurrency market. The combination of strong community support, strategic partnerships, and continuous innovation positions Option2Trade (O2T) for sustained success. For Shiba Inu (SHIB) traders and other investors, the road ahead for Option2Trade (O2T) is paved with potential, promising exciting opportunities and significant rewards. Countdown to the Bitmart Launch: Anticipation Builds With only one day remaining before its CEX listing on Bitmart,…