Shiba Inu price slumps, but ‘Greed’ sentiment prevails

The post Bitcoin to Chop Around $42,500 for an Extended Period: Is a Bullish Act Underplay? appeared first on Coinpedia Fintech News The trade has stepped into the second month of 2024 with excessive upward pressure. Since the interim rejection at $43,800, the Bitcoin price has been printing red candles, indicating the rise of bearish […]

The post Jupiter Airdrop Frenzy: Trader Makes $1.17M Profit; Is JUP Token Worth Buying? appeared first on Coinpedia Fintech News Jupiter, a decentralized exchange (DEX) aggregator on the Solana network, recently facilitated a staggering $1.39 billion trading volume within a single day. This record-breaking figure is more than double its usual daily trading volumes, placing […]

The post Bitcoin Analyst Kevin Svenson Forecasts Bitcoin to Reach $60,000 appeared first on Coinpedia Fintech News Renowned cryptocurrency analyst and trader Kevin Svenson predicts an imminent parabolic surge for Bitcoin (BTC). Svenson expects the largest cryptocurrency to rise sharply during this phase, with the rally potentially continuing up to the $60,000 mark. Bitcoin to […]

Bullish TRX price prediction for 2024 is $0.12370 to $0.14813. TRON (TRX) price might reach $0.15 soon. Bearish TRX price prediction for 2024 is $0.08471. In this TRON (TRX) price prediction 2024, 2025-2030, we will analyze the price patterns of TRX by using accurate trader-friendly technical analysis indicators and predict the future movement of the […]

A total of $5.4 billion is now in Tether’s surplus reserves, an increase of $2.2 billion. This is according to its latest attestation report by global auditing company BDO. Tether, the issuer of the USDT stablecoin, saw an all-time high growth in the surplus reserves supporting its tokens in circulation and a record-breaking $2.9 billion […]

TL;DR The U.S. Department of Energy announces an urgent review of cryptocurrency miners’ activity in response to Bitcoin’s recent price surge. The review aims to understand the evolution and geography of crypto mining energy consumption, demanding detailed data from companies. President Biden proposes the DAME Tax, a 30% tax on the electricity expenses of crypto […]

TL;DR The aggregate Assets Under Management (AUM) across the digital asset sector saw a modest increase of 1.53%. The digital asset industry experienced a significant increase in average daily trading volumes, escalating by 224% to reach $2.19 billion.  The market dynamics have been significantly altered with the entry of BlackRock and Fidelity. Their AUMs rapidly surpassed the $2 […]

Despite aggressive selling by the Grayscale Bitcoin Trust ETF, the spot Bitcoin ETF ecosystem in the U.S. collectively added around 10,000 BTC in January. The Grayscale Bitcoin Trust (GBTC) exchange-traded fund (ETF) was aggressively selling Bitcoin (BTC) in January, but other ETFs bought significantly more BTC. According to public holdings data tracked by Cointelegraph, GBTC […]

Bitcoin may see rapid 50% gains if MVRV behavior repeats the 2016 and 2020 runs to BTC price all-time highs. Bitcoin (BTC) is primed for a “surge” as it channels classic bull market signals from the past, the latest research says. In a post on X (formerly Twitter) on Jan. 30, popular social media commentator […]