The post Shiba Inu Team Reveals New Update for Shiba Eternity appeared first on Coinpedia Fintech News
The Shiba Inu team has released a new update for Shiba Ethernity. The team has released v1.2.8, dubbed “Balancing Act”, which brings a plethora of enhancements to Shiboshis, especially balancing its powers. “See you in the Dogjo!” said the Shiba Eternity advisor, Mazrael, to invite players to explore the latest changes in Shiba Eternity. The …
Crypto markets are expected to remain shaky ahead of Friday’s U.S. inflation data release, one trading desk said.
The post Upbit To List Altcoin Stargate Finance appeared first on Coinpedia Fintech News
Upbit, South Korea’s largest crypto exchange has announced the listing of a new altcoin- Stargate Finance (STG). Following the listing news, the token surged by 70%, jumping from $0.48 to $0.81. Trading for STG will commence today at 12:45 PM and will be available in South Korean Won (KRW). Upbit has also specified that STG …
Before the KYC change, Telegram Wallet users did not have to provide any personal information to use the default version of the wallet.
The post Influencers’ Crypto Promotions; Profits for Them, Losses for Fans- ZachXBT appeared first on Coinpedia Fintech News
Celebrities and influencers are increasingly being accused of being involved in Crypto pump-and-dump schemes. However, they propel token prices in order to earn profits after selling their stakes, they cause huge losses to the followers they inspire. Lil Pump and Moneybagg Yo are some of the popular celebrities who have invested in these scams. Both …
In a bold move to combat crypto scams, Iggy Azalea pledges to burn her own coins, showing her commitment to building trust and integrity within the cryptocurrency community.
The digital gold rush is on, and this time, Wall Street’s titans are leading the charge. A recent surge in holdings by Spot Bitcoin Exchange-Traded Funds (ETFs) indicates a rising tide of institutional investment in the leading cryptocurrency. This influx of big money could propel Bitcoin prices to new heights, but not without a few […]
The past few months have seen Ethereum whales, the cryptocurrency world’s Goliaths, flexing their financial muscles. According to a recent report by Santiment, on-chain data reveals a surge in whale activity, possibly fueled by the green light for spot Ethereum exchange-traded funds (ETFs) from the US Securities and Exchange Commission (SEC). This heightened involvement from large investors adds an additional layer of intrigue to Ethereum’s bullish momentum, suggesting growing confidence and anticipation within the market. Related Reading: Time To Stack Stellar (XLM)? Analyst Calls For Epic 500% Price Breakout A Whale Of A Time: Accumulation Anchors Ahead The SEC’s surprise approval on May 23rd of 19b-4 forms for ETF applications from heavyweights like BlackRock and Fidelity stirred the cryptoverse nest. This long-awaited decision, following months of radio silence from regulators, seems to have been the harbinger of a buying spree for Ethereum’s biggest players. Santiment’s report dives deep, revealing a nearly 30% increase in holdings by wallets containing at least 10,000 ETH over the past 14 months. This translates to a staggering 21 million ETH, currently valued at a cool $83 billion, scooped up by these deep-pocketed investors. With Ethereum even surpassing Bitcoin in terms of percentage gains last month, it’s no surprise that the accumulation party shows no signs of stopping. Profit Feast Before The Main Course? The data suggests a recent uptick in whale transactions exceeding $100,000 and a whopping $1 million, reaching year-to-date highs after the ETF approval. This surge in activity could be interpreted as whales taking advantage of the bullish sentiment to lock in some profits. However, Santiment suggests this might be a strategic pit stop before diving back into the buying pool. As long as these “10K+ ETH wallets are still moving north,” the report argues, Ethereum’s price has the potential to continue outperforming its bigger brother, Bitcoin, even amidst market volatility. Profitable Seas For Ethereum Sailors The good news extends beyond whale activity. An analysis by NewsBTC revealed a positive trend in daily Ethereum transactions. Measured over a seven-day moving average, the ratio of profitable transactions to those ending in a loss sits at a healthy 1.87. This indicates that for every losing trade, there are nearly two winning ones, suggesting a wave of optimism among Ethereum investors. Ethereum Price Prediction Meanwhile, the predicted yearly low Ethereum price projection for 2025 is $ 3,716, based on the historical price patterns of Ethereum and the BTC halving phases. According to predictions, Ethereum’s price could rise to $6,722 in the upcoming year. Related Reading: Dogwifhat Unstoppable: Bullish Sentiment To Propel WIF Towards $6.7 – Analyst At the moment, the price projection for Ethereum in 2025 ranges from $3,716 on the low end to $6,722 on the high side. If ETH hits the higher price objective, Ethereum’s value might increase by 80% by 2025 compared to its current value. Ethereum has surged by 100% over the past year, outpacing 50% of the top 100 crypto assets. Trading above its 200-day simple moving average, it exhibits a bullish momentum, supported by 17 green days in the last 30, representing 57% of recent trading sessions. This performance underscores Ethereum’s resilience and attractiveness to investors, bolstered by its high liquidity and negative yearly inflation rate of -0.24%, signaling potential scarcity and value appreciation. Featured image from Klook, chart from TradingView
Ethereum co-founder Vitalik Buterin donated 30 ETH, approximately $113,000, to support the legal defense of Tornado Cash developers Alexey Pertsev and Roman Storm. Etherscan data shows that Buterin donated to the “Free Pertsev and Storm” defense fund on the decentralized fundraising platform Juicebox early today, May 30. The fund had raised 591 ETH worth $2.2 […]
The post Vitalik Buterin donates over $100,000 to Tornado Cash developers’ legal defense appeared first on CryptoSlate.
The address has already made $200 million from its ether holdings.
The post Why Is Solana(SOL) Price Down Today? appeared first on Coinpedia Fintech News
Despite all the favorable market momentum, meme coin growth, ETF Approval, community governance vote for the validator, and PayPal launching the PYUSD stable coin on the Solana network, the Solana (SOL) price is declining for a week. The leading meme coins network, SOL, jumped today on 30 May from $176.8 to $165 with a shift …
The latest data from Farside reveals slowing inflows into Bitcoin (BTC) exchange-traded funds (ETFs), totaling $28.3 million on May 29. Six of the 11 ETF issuers experienced positive inflows, with BlackRock’s IBIT leading the pack. BlackRock IBIT saw a $24.6 million inflow, bringing its total net inflow to $16.5 billion. Fidelity’s FBTC followed with a […]
The post BlackRock IBIT on track to surpass iShares Gold ETF $29 billion AUM by year-end appeared first on CryptoSlate.
The fund had raised about 591 ETH at the time of this publication and will support the legal defense of Tornado Cash developers in their court battle to prove their innocence.
The post XRP Whale Shifts 51M XRP Coins Over Ripple’s Reply LetterTo SEC appeared first on Coinpedia Fintech News
Ripple has filed a reply letter after US SEC’s recent opposition and has cleared its stance claiming that it has never denied paying any potential amount of penalties that may be imposed and that the financial condition data is of no relevance to the court’s analysis. Ripple has also refuted the SEC’s contention that the …
The post Is This Ethereum (ETH) Price Final Correction Before Achieving $4K Mark? appeared first on Coinpedia Fintech News
The cryptocurrency market has corrected 1.51% within the past day, indicating reduced bullish influence in the crypto space. Moreover, top tokens have displayed a consolidated price movement over the past few days, suggesting a weak price action for these altcoins during the upcoming days. Furthermore, post-approval of the Ethereum ETF, the ETH coin price traded …
The post 1inch Network Surges 15% This Week! Will 1INCH Price Hit $0.5 This Week? appeared first on Coinpedia Fintech News
Despite recording a weak price action among the top cryptocurrencies, mid-cap altcoins continue to display a bullish price sentiment, suggesting a switch of interest toward these altcoins by investors. Positively, the 1inch price has recorded a jump of 37.83% in its trading volume and has added approximately 6% within the past day. Moreover, it has …
Bitcoin ETF inflows show that the investors are using the current consolidation to accumulate.
Online payment company PayPal is set to integrate its PayPal USD stablecoin (PYUSD) into the Solana (SOL) blockchain, which is increasingly becoming the preferred choice for memecoin issuers. This move follows the successful launch of PYUSD on the Ethereum (ETH) blockchain and its subsequent addition to PayPal’s Venmo peer-to-peer (P2P) payments service. According to Bloomberg, […]
Unsure if your crypto cashback rewards trigger tax obligations? Learn how to navigate them for stress-free crypto earning.
The post ORDI Price Under Triangle Hints 50% Breakout Surge appeared first on Coinpedia Fintech News
Amidst the recovering altcoin market, the ORDI price action shows a bullish trend reversal after an intense pullback to $33. However, the recovery rally in ORDI experiences overhead resistance, leading to a contraction in volatility. Will this contraction lead to a massive surge in the altcoin with a breakout rally? Will ORDI claim the $100 …
The post Analyst Advises Solana Investors to Stake Amid Meme Token Surge appeared first on Coinpedia Fintech News
Meme tokens have surged after celebrities like Caitlyn Jenner and Iggy Azalea launched them. However, the Solana community faces major backlash as token values decline, resulting in significant losses for its investors. In a recent post, analyst Chris Burniske dismissed this hype and advised the Solana community to “just stake SOL.” He emphasized SOL’s core …
Bitcoin price movements may “appear random,” but critical drivers such as inflation are what’s making it move, according to a crypto analyst.
CHZ has surged over 20% in seven days, the third-biggest gain among the top 100 cryptocurrencies by market value.
Ripple Labs has escalated its defense against the US Securities and Exchange Commission (SEC) by specifically addressing two critical arguments from the SEC in their ongoing legal dispute, as outlined in a new filing submitted to Judge Analisa Torres of the Southern District of New York. This filing comes at a decisive moment, with the […]
In a technical analysis shared by noted crypto analyst Josh Olszewicz on the social platform X, there appears to be a significant bullish sentiment building around Bitcoin, particularly if it surpasses the crucial $72,000 mark. Olszewicz, leveraging both the Ichimoku Cloud and Fibonacci extensions, illustrates a scenario where breaking this key resistance level could catapult Bitcoin towards a target of $91,500. Here’s How Bitcoin Could Skyrocket To $91,500 The analysis utilizes the Ichimoku Cloud, a complex technical indicator that provides insights into the market’s momentum, trend direction, and potential areas of support and resistance over different time frames. Currently, Bitcoin’s price action is depicted as being in a bullish phase, situated above the cloud. This positioning above the cloud is traditionally viewed as a bullish signal, suggesting a strong uptrend with robust support levels formed by the cloud’s lower boundaries. In the Ichimoku setup, the conversion line (Tenkan-sen) and the baseline (Kijun-sen) cross occasionally, providing buy or sell signals based on their intersection relative to the cloud. As of the latest chart, the conversion line recently crossed above the baseline, reinforcing the bullish outlook depicted by the cloud’s positioning. Related Reading: Mt. Gox Bitcoin Transfer: CryptoQuant Analyzes Potential Market Effects Of The $9.4B Movement Adding another layer to the technical narrative, Fibonacci extension levels have been plotted from a significant low at $56,485.87 up to a high, providing potential targets and resistance levels. The 0.5 Fibonacci extension level is marked at $63,727.40, already surpassed by the current price trajectory. The 1.0 extension finds itself at $71,897.29, closely aligning with the analyst’s noted pivotal level of $72,000. Beyond this, the 1.618 extension at $83,456.87 represents a lucrative first price target, while the ultimate 2.0 extension looms at $91,513.53. A key observation is the volume profile, which shows a declining trend in trading volume. This decreasing volume can often indicate a period of accumulation, as less selling pressure allows prices to stabilize and potentially build a base for an upward breakout. The declining volume trend line underpins the consolidation phase seen in recent months, suggesting that a sharp movement could be imminent once accumulation concludes. Related Reading: Whales Push Bitcoin Into Narrow Consolidation Range: What To Expect Next Olszewicz’s emphatic remark, “BTC: when this baby hits $72k you’re going to see some serious shit,” underscores the high stakes associated with this resistance level. This is not merely a technical observation but a signal to the market that once $72,000 is decisively broken, the path to much higher levels becomes increasingly probable. Such a breakout would likely activate a flurry of trading activity, as both retail and institutional investors might see it as a confirmation of a sustained upward trend, potentially pushing the price towards the $91,500 mark indicated by the 2.0 Fibonacci extension. At press time, BTC traded at $67,783. Featured image created with DALL·E, chart from TradingView.com
Vanguard keeps investments like Bitcoin and Ethereum ETFs out of its offerings. Its decision is debatable but not new.
The post Bitcoin and Ethereum ETFs still off the table for Vanguard – it’s not surprising appeared first on Crypto Briefing.
The post After 150% Surge, NOT Token Price Aims 90% Extended Run appeared first on Coinpedia Fintech News
With high anticipations of a bull market growing, despite the BTC price struggling under $70, some altcoins are moving at a breakneck pace. Entering the list of the top 100 cryptocurrencies, NOT price trend shows a massive jump this week. The bull run in the altcoin presents strong underlying demand, closing above the psychological mark …
A 'Seed Capital Investor' has purchased 400,000 shares of the proposed filing, BlackRock revealed in its document.
Ethereum is already home to the world’s largest DeFi protocols, tokenized RWAs, and stablecoins, but its technical roadmap could be hard for TradFi to understand.
The post Bitcoin to Reach $1 Million: Samson Mow Predicts Massive Surge appeared first on Coinpedia Fintech News
JAN3 CEO Samson Mow, along with a Bitcoin advocate, predicts that Bitcoin (BTC) will gradually reach $1 million, emphasizing that it is a matter of “when,” not “if.” Mow’s bullish outlook is based on strong supply and demand dynamics, highlighting the important role of spot Bitcoin ETFs in holding over one million BTC, which is …