Speculation

The memecoin market has been heating up again, and PepeCoin (PEPE) is at the center of it all. On September 27, 2024, PEPE recorded a 34% price jump, prompting speculation that the memecoin could be gearing up for a major pump. However, while PepeCoin (PEPE) is capturing attention, asset managers are pointing to another rising star in the memecoin space: GoodEgg (GEGG). With its presale nearing completion and the potential for explosive growth, GEGG is being positioned as the next…

In the ever-evolving world of cryptocurrency, few tokens have garnered as much attention as Dogecoin (DOGE). Initially created as a joke, DOGE has taken the market by storm, creating millionaires along the way. One such millennial millionaire recently made headlines after trading 8 million DOGE, worth approximately $937,920, for 390 million GoodEgg (GEGG) tokens. The move has sparked speculation that the AI-powered dating platform could be the next big thing, with analysts predicting a surge to $0.00031 for GoodEgg in…

Bitcoin (BTC) had a positive weekly close, holding above $63,000, and boding well for the coming week. That said, Monday finds the $BTC price flat, while the rest of the crypto market is generally up. Is money going into the altcoins as speculators bet on an eventual big price rise for $BTC? All eyes are normally on Bitcoin, but for the time being at least, speculators are starting to place more bets on the altcoins. If previous bull markets are…

Bitcoin (BTC) and the broader crypto markets are navigating challenging conditions, historically worsened by September’s seasonality struggles. In a recent report, Kaiko researchers recently explored how a potential US rate cut and other key economic events could affect Bitcoin. These four charts provided by the analysts explain what to expect from BTC in the coming weeks. Monthly Change in Bitcoin Price in September As BeInCrypto reported, the third quarter has historically been challenging for Bitcoin and the broader crypto market, with September…

The post Whale’s $58M Bitcoin Bet Sparks Speculation on Market Rebound! appeared first on Coinpedia Fintech News For good reasons, a Bitcoin whale known for dumping 467 million worth of BTC tokens in the July crunch is back in the markets. Recently, the whale purchased 1000 Bitcoins from Binance worth almost $58 million. With this purchase, the market witnessed the second such significant action within the last four days, accounting for 2000 Bitcoins at an average price of $58,525. In…

Solana ETF forms have been removed from the Chicago Board Options Exchange (Cboe) website, causing speculation about a potential delay in their launch. VanEck and 21Shares were the only two companies to file applications for SOL ETFs, leading many to believe it would follow Bitcoin and Ethereum as the next crypto-based financial instrument to hit the market. Solana ETF Prospects Diminish Following Cboe Move Recent reports indicate that Forms 19b-4 for VanEck and 21Shares Solana ETFs were removed from the…

Within the past week, an aggressive accumulation of 420 billion PEPE tokens in two transactions worth 3.13 million USDT has been made by a crypto whale identified as “cookislandstrust.eth”. This strategic move, starting at the height of the market dip on August 5, has returned a profit of $170,000—equating to a 5.5% gain. Whale’s Big Appetite However, the whale’s action did not stop at PEPE. The same day, they bought nearly 3,000 Ether against 7.05 million USDT during the market…

The post Ethereum News : ETH Sell-Off Speculation Heats Up with Justin Sun’s $5.9M Transfer to Poloniex appeared first on Coinpedia Fintech News Justin Sun, the renowned entrepreneur and founder of Tron, has invited another scoop, with a second significant move involving Ethereum (ETH). Popular on-chain analytics provider Spot On Chain reports that Sun has allegedly transferred a large percentage of his Ethereum (ETH) deposit from Lido to Poloniex, a major crypto exchange. This has led to widespread Ethereum selloff…

The post Ripple News Today: Whales Snap Up 140M $XRP Amid Speculation of Ripple vs SEC Settlement appeared first on Coinpedia Fintech News The 2024 United States elections have significantly accelerated the adoption of crypto assets. Both sides of the political spectrum have already eyed the more than 50 million voters invested in the digital asset industry.  The recent approval of spot Ethereum ETFs in the United States has played a crucial role in democratizing the altcoin industry. Moreover, it…