Last week, crypto investors spent a significant amount of their funds betting against digital asset price increases. The CoinShares weekly report revealed that $8.6 million was directed into Short Bitcoin investment products, representing 20% of the total crypto inflow for the previous week. James Butterfill, an analyst with the asset manager, explained that the inflows […]

The post Can Solana Flip Ethereum In 2024 – Crypto Expert Analysis appeared first on Coinpedia Fintech News With Solana’s recent meteoric rise, low fees, and growing adoption, many market participants wonder if it could flip Ethereum in the upcoming bull market rally. SOL has massively outperformed this year, up 406%, while ETH is up […]

The post Solana (SOL) Drops Below the Crucial Zone, While Avalanche’s (AVAX) Price Continues to Surge: What’s Next? appeared first on Coinpedia Fintech News After maintaining a huge upswing since the beginning of the month, the bulls appear to have been exhausted, as the market is facing acute bearish influence. The Bitcoin price dropped below […]

The post Ripple (XRP) Could Rally 120% in 6 Months; Polkadot (DOT) & Borroe Finance (ROE) Gain Retail Investors Attention appeared first on Coinpedia Fintech News In the bustling world of cryptocurrencies, Ripple’s XRP, Polkadot (DOT), and the emerging BorroeFinance ($ROE) are making headlines, each for reasons that have retail investors perking up their ears. […]

The post Top 3 Altcoins Poised for Significant Growth Following ETF Approval appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission (SEC) issued an investor alert regarding crypto assets, hinting at increased scrutiny on securities in the cryptocurrency market. This move mirrors the SEC’s approach leading up to the approval of Bitcoin […]

The post Crypto Market Analysis: XRP and Solana See Remarkable $4M Investment Surge in Just One Week appeared first on Coinpedia Fintech News The cryptocurrency market is witnessing a notable trend with XRP (XRP) and Solana (SOL) at the forefront of investment inflows. A recent report from CoinShares highlights an impressive $4 million combined inflow […]

The post Top Reasons Why Chainlink (LINK) is The Best Bet Altcoin Right Now appeared first on Coinpedia Fintech News Cryptocurrency enthusiasts and investors everywhere are eagerly anticipating the approval of BlackRock’s spot Bitcoin ETF, a move that could significantly impact the digital currency market. Austin Arnold, the renowned cryptocurrency expert, has recently highlighted a […]

Coinspeaker Treasury Yields Inch Higher Ahead of Fed Meeting, Bitcoin Price at $42K Amid eventful financial dynamics, US Treasury yields edged higher earlier today, while the crypto market, specifically Bitcoin (BTC), is experiencing a downturn with the coin’s price plummeting to $42,000. The simultaneous rise in Treasury yields and the drop in Bitcoin’s price prompts […]

Coinspeaker Fed Decision and Inflation Report to Trigger Market Volatility As the year wraps up, Bloomberg is predicting that several key events this week will lead to increased stock market volatility. The first of these is the decision by the Fed on interest rates. Ever since the record increases in interest rates back in March […]

Coinspeaker Solana Price Drops Under $70, Watch Out These Key Support Levels for SOL Amid strong sell-off in the broader cryptocurrency market, Ethereum Layer-1 competitor Solana is also facing some selling pressure. In the last 24 hours, the Solana (SOL) price has tanked by over 3% slipping under $70. SOL is trading nearly 10% down […]