The German government got rid of all of its Bitcoin, but it could still be a bit early to expect a trend reversal in BTC price.
Trump appeared bloodied after what reports claim sounded like gunshots or explosions. The Secret Service says the former president is safe.
The incident underscores the volatile interplay between political events and crypto markets, highlighting security concerns and voter polarization.
The post Trump survives shooting incident at Pennsylvania rally, crypto markets react appeared first on Crypto Briefing.
In a bold forecast, a crypto analyst predicted that Bitcoin (BTC), the world’s largest cryptocurrency will witness a massive 500% surge to $330,000. Considering how ambitious this price target is, the analyst’s bullish projection has caught the attention of various members of the crypto community. Analyst Predicts Bitcoin’s Rally To $330,000 On July 10, Arsen […]
The complainants called the matter "urgent," but it remains unclear if the SEC will open an investigation.
VanEck and 21Shares submit updated Ether ETF filings, Goldman Sachs to launch tokenization products, and Messi promotes memecoin.
Cardano (ADA) has recorded a significant 20.29% price increase for the past seven days in line with the current green movement for most cryptocurrencies. ADA trading volume has spiked massively since it bottomed out at $0.335 on July 8, allowing it to outperform the majority of the large market-cap cryptocurrencies. For those wondering, ADA’s price surge can primarily be attributed to large on-chain transactions in the past seven days. Cardano Outperforming Many Cryptocurrencies Cardano is currently outperforming the market and could continue to do so throughout the weekend and into the coming week. According to the ADA price chart, the cryptocurrency started its uptick on July 8, while most cryptocurrencies were still experiencing price stagnation. This price uptick coincided with the announcement of crucial updates to the upcoming Chang hard fork which represents a pivotal moment for the Cardano blockchain. Related Reading: Market Strategist Predicts 32% Stock Market Crash, How Will This Affect Crypto? As reported by Bitcoinist, Cardano founder Charles Hoskinson noted in an AMA broadcast that the upgrade to node 9.0, which is essential for the Chang hard fork, is nearly complete. This appears to have played a part in the start of the shift toward a positive outlook for ADA. Recent price dynamics indicate ADA has kept up this bullish sentiment, with the bulls now in control. At the time of writing, ADA is trading at $0.4249, representing a 32% increase from the monthly low of $0.3213 recorded on July 5. According to on-chain data from IntoTheBlock, this ADA price surge was accompanied by an increase in whale activity on the Cardano blockchain, which likely contributed to the sustained increase. IntoTheBlock’s data shows that the number of daily transactions greater than $100,000 has increased from 312 transactions on July 7 to 814 transactions on July 12. This is a notable increase of 160% throughout the week. In addition, IntoTheBlock’s “Large Holders Netflow” metric indicates that large holders have increased their holdings by +27.53% in the past seven days. This increase in accumulation by Cardano whales has contributed to a bullish sentiment for ADA, driving the price upward. If this accumulation continues, we could see the large holder netflow flipping into a positive value in the larger 30-day and 90-day timeframes. What’s Next For ADA? In a bullish scenario, Cardano (ADA) could keep up with the price uptick in the coming week, especially with the entire crypto market starting to turn positive. On the other hand, failure to break above minor resistance at $0.43 could open up a bearish scenario, with ADA reversing its gains. Related Reading: Analyst Predicts 2,750% Celestia (TIA) Price Explosion To $188, Here’s The Roadmap ADA’s price movement over the weekend could determine how it performs next week. It may continue upwards after breaking above $0.43 to test another resistance level around $0.515, where there are currently 564,830 ADA addresses waiting to turn a profit. Featured image created with Dall.E, chart from Tradingview.com
For Binance, the biggest cryptocurrency exchange in the world based on trade volume, it’s been an incredible journey. The platform has faced numerous regulatory storms over the last seven years, but it has persevered and come out stronger than before. Related Reading: Biden’s Crypto SAB 121 Veto Remains Intact As House Override Effort Fails Binance’s […]
The post 3 Hot Meme Coins Ready to Explode: Don’t Miss Out! appeared first on Coinpedia Fintech News
Explore the potential of meme coins Pepu Unchained, PeiPei, and eTukTuk. Discover why they're set for big gains with impressive presales and innovative solutions.
The post Why Ethereum is Poised to Explode to $4,600 Sooner Than You Think! appeared first on Coinpedia Fintech News
Ethereum’s price is getting upwards and everyone is talking about it in the crypto world. Right now Eth is trading at $3153.15 which is up by 11.63% compared to its lowest point in the last 7 days. So the question is, why is Ethereum heading towards the $4600 zone? Let’s break it down. Source : …
The pseudonymous lead developers of memecoin Shiba Inu (SHIB), Shytoshi Kusama and Kaal Dhairya, gave their first-ever interview to the Arabian Business. In the interview published on Friday, Kusama and Dhairya disclosed previously unknown facts about their past lives. For instance, Kusama, who speaks six languages, used to be an Uber driver in Los Angeles, […]
The post ‘Memes are the gateway to crypto and blockchain’: SHIB developer Kusama appeared first on CryptoSlate.
Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has currently been showing signs of a potential upside move as key indicators turn bullish. This positive momentum which may be triggered by an increase in the market buying pressure has led to a growing optimism about the digital asset’s near-term prospects. In this article, As […]
Amid the growing market anxiety, a ray of hope emerged for cryptocurrency investors relying on Fetch.ai (FET). A renowned crypto expert predicts that after a dramatic 28% drop over the past month, the coin is set to have a huge comeback. Related Reading: Analyst Upbeat On USTC, Sees Price Soaring Over 300% Fetch.ai Shows Resilience Although unpredictability has haunted the crypto space, Fetch.ai has surprisingly survived the storm. The value of the token has plunged, but it has steadily recovered and lately climbed by almost 6%. Fetch.ai’s resilience has attracted the attention of market watchers who are now closely monitoring its development. Given the extreme instability of modern markets, Fetch.ai’s capacity for recovery throughout this period is quite impressive. Significant Gains Expected Soon The analysis provided by renowned cryptocurrency expert Javon Marks makes Fetch.ai’s present situation particularly interesting. Marks said that the token is showing a bullish trend known as a “Hidden Bullish Divergence,” which usually implies a minor drop before the upward trend’s continuance. $FET (FetchAI) maintains a Bullish Pattern here and from current areas, this can be suggesting a near 3X from here in an approximate 180% recovery climb back to the $3.48 areas and even higher can be possible… https://t.co/G36S6jVUQl pic.twitter.com/i5cePC1sfS — JAVON⚡️MARKS (@JavonTM1) July 11, 2024 Marks expects Fetch.ai’s growth to be 180%. Based on his forecast, the price of the token might climb to $3.48, its all-time high, or even more, thus offering a remarkable return for the company. This would show an amazing 210% increase over its present trade price of $1.127683. Beyond the short term predictions, FET still has huge potential for the future. Based on the price analysis done by CoinCheckup, it is expected that the coin will maintain its gaining trajectory over the next seven days, rising by 3.20% to get a price of $1.18. Looking further, the long-term projection is still positive; the FET price is anticipated to climb by 6.72% to $1.22 in a year. Related Reading: 6,400 Ethereum Mystery Move Sparks ETH Rally Talk Pre-ETF Nod Long-Term Growth Prospects Long term, Fetch.ai has a very promising future. Based on the crypto prediction platform estimate and the analyst’s strong forecasts, this token has the potential to stand out in the digital currency market giving investors the possibility to profit from a significant upside prospect. As the crypto market continues to deal with its ups and downs, the FET story tells us that tenacity, creativity, and strategic analysis can be the key elements for unlocking major advantages in this dynamic and continually changing environment. Featured image from Vecteezy, chart from TradingView
The post BINANCE to Burn SHIB! Can it reach $0.00002065? appeared first on Coinpedia Fintech News
Meme coins soar! Shiba Inu leads with an 8.87% rise. Can Binance's SHIB burn request boost it further? Explore the latest trends in meme coins."
Partior is already processing transactions on behalf of several firms including JP Morgan, DBS, and Temasek.
On-chain Highlights DEFINITION: The Futures Term Structure is a graphical representation of the pricing for futures contracts expiring at increasingly distant dates into the future. The most common state of the graph, an upward slope, indicates a premium must be paid to purchase exposure, or delivery, of an asset in the future. Conversely, a downward […]
The post Bitcoin futures term structure indicates bullish sentiment appeared first on CryptoSlate.
Dogecoin (DOGE) whales are gearing up for a bullish reversal for the foremost meme coin. On-chain data shows that these whales have regained their confidence in Dogecoin and are accumulating more DOGE ahead of a potential rally for the meme coin. Related Reading: 6,400 Ethereum Mystery Move Sparks ETH Rally Talk Pre-ETF Nod Dogecoin Whale Accumulation Spikes By 868% Data from the on-chain analytics platform IntoTheBlock shows that Dogecoin whales bought 364.38 million DOGE on July 10, representing an 868% surge from the previous day when these large holders offloaded 37.05 million DOGE. This accumulation trend continued on July 12 when these whales bought 114.71 million DOGE. These whales are believed to be accumulating Dogecoin ahead of a potential breakout rally for the foremost meme coin. DOGE looks well primed for such, especially with several on-chain metrics turning bullish for the meme coin. Data from IntoTheBlock shows that most holders are again in the money, meaning there is unlikely to be significant selling pressure going forward. The ‘In The Money’ metric also shows that the $0.10 support level was a crucial support level that Dogecoin bulls needed to hold, which they did. A bullish reversal is likely at this point, with the bears looking worn out. Other metrics like the bid-ask volume imbalance and smart price also paint a bullish picture for Dogecoin. It is also worth mentioning that Dogecoin looks set for a breakout rally because of its strong positive price correlation with Bitcoin. With the flagship crypto making an impressive recovery and looking to reclaim $60,000, the foremost meme coin could also make a run of its own and rise to new highs. Crypto analyst Kevin (formerly OG Yomi) also confirmed that Dgecoin’s rally will depend on Bitcoin’s price movement from here. He stated that the meme coin should bounce from this level and “attack the highs sooner rather than later” once a continuation of a bull market is confirmed. The analyst had previously predicted that Dogecoin could rise to as high as $3 in this market cycle. Not Looking Good But About To Get Better Crypto analyst Altcoin Sherpa recently admitted that things aren’t looking too good for Dogecoin at the moment but added that the meme coin will do “big numbers” later this year. The crypto analyst had previously predicted that the meme coin would eventually rise to $1 in this cycle and claimed that investing in Dogecoin was one of the “safest bets” anyone could make in this bull run. Related Reading: Is Altcoin Season Around the Corner? Bitcoin Halving Points to Potential Boom, Analyst Reveals Crypto analyst Andrew Kang also recently made a bullish case for Dogecoin, stating that meme coins like DOGE account for most altcoins that are likely to make new highs by the end of this year or the beginning of 2025. Crypto analyst Crypto Kaleo had also previously predicted that Dogecoin would enjoy a significant rally by December of this year or early next year. Featured image from Reddit, chart from TradingView
Institutional investors have been buying the dip following Bitcoin’s recent downtrend. This is evident in the increased demand for the Spot Bitcoin ETFs, which recorded their best weekly outing in a long while. Related Reading: Crypto Craze: Republicans See Digital Currency Shaping 2024 Elections — Survey Spot Bitcoin ETFs Record Best Inflows In Over A […]
The post ICP Skyrockets 12% in 24 Hours: Discover the Real World Value Behind the Surge appeared first on Coinpedia Fintech News
In the past 24 hours, ICP’s price surged by 12.32%, making it the talk of the day. Launched in May 2021, this token had lost 99.62% of its value by September 2023. Despite this, it still holds the 24th position on CoinMarketCap. Let’s explore why this token is so special. ICP Helping Real World Support …
Recently, the price of XRP with a bullish momentum has made a significant surge above the $0.4663 resistance mark. This upside movement has jarred up optimism among investors and market analysts, leading to speculation about whether the next anticipated target of $0.5724 is within reach. As XRP continues to gain pace, this article delves into providing an in-depth analysis of XRP’s current price action and analyzes technical indicators to answer the question of whether this rally can sustain its momentum and achieve new heights or if a correction is imminent. With a market capitalization of more than $28 billion and a trading volume of more than $2 billion as of the time of writing, the price of XRP is currently up by 11.55%, trading at around $0.5088 in the last 24 hours. Its market cap and trading volume are currently up by 11.60% and 73.65% respectively. XRP Breakthrough At $0.466: Analyzing The Surge On the 4-hour chart, the price of XRP has actively risen with strong momentum above the 100-day Simple Moving Average (SMA) and the $0.4663 resistance level. Additionally, it can be observed that the cryptocurrency asset is currently making a bullish move toward the $0.5724 mark. The formation of the 4-hour Relative Strength Index (RSI) also suggests that XRP’s price may extend its bullish move toward the $0.5724 resistance level as the signal line of the indicator has been maintaining a steady movement above 50% and is currently trending inside the overbought zone. On the 1-day chart, it can be observed that the crypto asset has been on a bullish move since after the failure to close below the $0.4088 support level successfully and is currently attempting to move above the 100-day SMA toward the $0.5724 resistance level. Lastly, an analytical examination of the formation of the 1-day RSI reveals that XRP could sustain its bullish rally toward the $0.4233 resistance mark as the signal line of the indicator has risen above 50% and is heading for the overbought zone. Potential Risks And Resistance Levels Ahead If XRP can maintain its current bullish momentum to reach the $0.5724 resistance level and close above, it may continue to move upward to challenge the $0.6697 resistance level. If this level is breached, the digital asset may experience further price gain toward the $0.7342 resistance level and possibly other levels above. Conversely, should XRP pull back at $0.5724, it will start to decline once more toward the $0.3389 support level. Furthermore, the crypto asset may see further price decline to challenge the $0.3483 support level and perhaps other levels below if this level is broken. Featured image from Adobe Stock, chart from Tradingview.com
The post Understanding Blockchain Networks and Nodes appeared first on Coinpedia Fintech News
Introduction Blockchain technology has brought a great digital revolution that has changed our perspective on transactions, security, decentralization, and transparency. This article focuses on a comprehensive understanding of Blockchain Networks and Nodes. Nodes and Networks are the pillars of the architecture and functionality of blockchains. The developers need to master these concepts for effective blockchain …
Shiba’s Inu lead developer, Shytoshi Kusama has disclosed his ambitious plans for Shiba Inu (SHIB). His vision for the crypto project involves multifaceted approaches including market capitalization growth and technological advancement. Related Reading: Ethereum Gas Fees At Lowest Level Since May – Impact On ETH Price? Shiba Inu Targets Trillion Dollar Milestone In his first […]
The post FTX Reaches Settlement with CFTC: Are Crypto Holders Finally Getting Their Money Back? appeared first on Coinpedia Fintech News
FTX, the notorious cryptocurrency exchange that collapsed in 2022, has announced a settlement with the Commodity Futures Trading Commission (CFTC) as part of its ongoing bankruptcy proceedings. Meanwhile, the agreement, which awaits court approval, could reshape the landscape for affected cryptocurrency holders and mark a critical step in the ongoing bankruptcy process. Perhaps the details …
The post Nigerian Court To Begin Binance’s Tax Evasion Trial In October appeared first on Coinpedia Fintech News
As per a report from Reuters, A Nigerian Court will begin a trial against Binance over tax evasion charges on October 11, the judge hearing the case said on Friday. Binance currently faces four counts of tax evasion, including failure to register with Nigeria’s Federal Inland Revenue Service for tax purposes. Binance Representative Urges Judge …
No one knows how a Biden replacement would treat crypto. But as multiple industry lobbyists told Decrypt, nothing could be worse than the current situation.
By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of the digital assets.
Bitcoin has managed to record some price gains in the last week following a brutal market sell-off at the start of July which saw the crypto market leader lose 10% of its price on July 5. At the moment, analysts continue to roll out observations and predictions that suggest that Bitcoin may soon pull off a market rebound and perhaps eventually embark on a highly-expected bull run. Related Reading: Institutions Grab Over $5 Billion Bitcoin in a Week: Are They Predicting a Mega Rally? Bitcoin’s ‘Rare’ Underperformance Hints At Possible Bullish Rebound In an X post on Friday, prominent blockchain analytics company Santiment provided some intriguing insights into Bitcoin’s recent price behavior. Santiment stated Bitcoin is largely behind the S&P 500 and other equities in relation to price performance, a development which they described as a “rare sight” over the last three years. As earlier stated, Bitcoin’s current massive price dip can be attributed to a large-scale market sell-off mainly by the German Government who have now completely offloaded their total BTC holdings valued at $2.9 billion. Furthermore, the defunct crypto exchange Mt. Gox which collapsed in 2014, finally began the repayment of a $9 billion debt to creditors in BTC and BCH, the majority of which were expected to be sold, thus a prompting massive selling pressure. While Bitcoin showed some resilience this week gaining by 2.88%, the premier cryptocurrency still trails the positive price performance of the equities market on a larger timeframe. For context, Santiment explains that Bitcoin has declined by 19.4% in the last five weeks while the S&P 500 has recorded a 5.4% gain within that same period. However, as this development has been a rare occurrence in the last three years as both assets usually moved in tandem, Santiment suggests Bitcoin may experience a “bullish catch-up period.” Related Reading: Bitcoin Price Trajectory Remains Bearish, $49,000 Liquidity Zone Looms As Next Downside Target Bitcoin To Challenge 1.5-Month Downtrend In other news, crypto analyst Rekt Capital has noted that Bitcoin is currently battling to end a downtrend stretching over the last one-and-a-half month. During this period the premier cryptocurrency has lost over 18% of its price. According to Rekt Capital, Bitcoin has attempted to break out of this downtrend multiple times including three times in the last three days. If Bitcoin eventually pulls a trend reversal, the market leader may be set for full price recovery reaching as high as $71,000. At the time of writing Bitcoin trades at $58,170 with a 1.69% gain in the last day. However, this mild price pales in comparison to the comparison which has surged by 30.81% to a price of $5,615 in the last 24 hours. Featured image from The Economic Times, chart from Tradingview.com
The post US Election 2024: Elon Musk’s ‘Sizeable’ Donation to America PAC for Donald Trump appeared first on Coinpedia Fintech News
According to a recent Bloomberg report, Elon Musk has contributed to America PAC, a group working to re-elect Donald Trump. The donation is described as ‘sizeable,’ which marks a significant shift for Musk, who previously had positioned himself as politically independent and hesitant to engage in Politics. Musk Backs Trump At A Critical Time Musk’s …
The post Bitcoin Price Prediction: No Confirmation of Bearish Reversal; Price Eyes $60k with 3% Gains appeared first on Coinpedia Fintech News
According to analyst Josh of Crypto World, Bitcoin is currently experiencing a bullish divergence while the one indicator is crashing, which points towards imminent liquidations—but this time to the upside. However, he said that the German government is running out of Bitcoin, currently holding less than 4,000 BTC worth a little over $200 million. Given …
The post XRP Soars 18%, Community Cheers! Is Ripple vs. SEC Finally Ending? appeared first on Coinpedia Fintech News
Ripple’s native cryptocurrency, XRP, has surged by over 18.8% this week, reclaiming the crucial resistance level of $0.52. This significant rise has ignited discussions about the driving forces behind the recent price movement. Recent actions by the SEC, coupled with potential government pressure, have fueled speculation that the investigation into Ripple might soon reach a …