Stability

It’s been a tale of different fates for different altcoins as the crypto market becomes increasingly unpredictable. However, recent developments point to a period of stability for top meme coin, Shiba Inu (SHIB). Elsewhere, experts are tipping a new meme coin, Cutoshi (CUTO), as one of the projects that could outdo the duo of PEPE and Shiba Inu (SHIB). Analysts are predicting a strong end-of-the-year bull run for the meme coin sector, and with Cutoshi bringing Defi and memes to…

Dubai, United Arab Emirates, August 30th, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in partnership with Block Scholes, is pleased to release its latest Crypto Derivatives Analytics Report. This in-depth analysis provides a view of the crypto market, focusing on recent macroeconomic events and trading signals from futures, options, and perpetual contracts. Critical Insights from the Report: Futures Market Stability Amidst Volatility: Despite a significant spot price sell-off on August 28, which pushed Bitcoin (BTC) below…

In the past few weeks, following a series of corrections, Bitcoin and the broader crypto market have experienced a significant surge from the lower prices of 2024.  The momentum picked up notably on Friday after Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System, announced a shift in policy, hinting at a potential interest rate cut in September. This announcement has fueled optimism among investors, leading to increased market activity.  Additionally, valuable data from Glassnode reveals…

The post Ethereum Spot ETF Records Stability As Graysclae’s “ETHE” Records Lowest Outflow! appeared first on Coinpedia Fintech News On 06th August, the ETH ETF recorded the lowest outflow since inception. Reportedly, Blackrock’s “ETHA” did not record any flow yesterday. Fidelity’s “FETH” has recorded the highest inflow of $22.5 Million, followed by Grayscale’s “ETH” with $4.7 Million. On the other hand, Franklin’s “EZET” has added $1 Million. Bitwise, VanEck, 21 Shares, and Invesco have each recorded a neutral flow. Grayscale’s…

Stability World AI, a leading generative AI platform for Web3, is excited to announce a strategic partnership with Nesa, a Binance MVB incubated Layer-1 blockchain platform. Together, they're launching the Nesa Mascot Creation Contest, a groundbreaking initiative that leverages the power of AI to foster community engagement and drive design innovation within the Nesa ecosystem. Empowering Anyone to Design Nesa's Mascot The Nesa Mascot Creation Contest throws the doors wide open for anyone to design a mascot that embodies Nesa's…

Since the advent of cryptocurrencies, the idea of a digital asset tied to the value of fiat 1:1  seemed to be a no-brainer. Despite a few regulatory battles, fiat-backed tokens, known as stablecoins, have exploded as a concept.  With time, stablecoins have revolutionized fiat transfers, but some of them remain inaccessible to the average user due to technical barriers and high fees imposed by centralized platforms. Despite their promise of stability, existing stablecoins have suffered from volatility, market manipulation, and…

Analysts like CrediBULL Crypto are cautiously optimistic, suggesting a potential bottom for Bitcoin. The $64,000 level has shown strong buying support, but if broken, Bitcoin could drop further to critical support levels at $60,000, $52,000, and $46,000. Despite Bitcoin’s persistent efforts to stabilize its price above the $64,000 threshold, the leading cryptocurrency has recently experienced a decline. Its price fell by approximately 0.6% in the past 24 hours, settling at $65,619. This ongoing downward trend, which has seen Bitcoin lose…

In the past month, the cryptocurrency market has gone through a major decline that has impacted the price trends of top crypto coins, Stellar and VeChain. Thus, the investors have started to look to another altcoin known as Rollblock. Analysts are now speculating that the value of this newcomer could possibly rise by 100x in the next few months. Stellar (XLM) Price Outlook After meeting with massive bearish pressure at $0.106, the cross-border payment token, Stellar (XLM) has been on…

The Bitcoin (BTC) price has consistently traded within the $67,000 and $68,000 range for several days. In this analysis, BeInCrypto aims to understand the price action of Bitcoin. Additionally, we have observed a decline in volatility, which can be attributed to various factors. To provide a comprehensive analysis, we’ll explore who is buying and selling Bitcoin. Examining Bitcoin Activity and Vaulting Rates The chart below illustrates the activity rate and vaulting rate of Bitcoin over time, along with its price…