The post Bitcoin at a Risk ; Alarming High Volatile Zone appeared first on Coinpedia Fintech News

Bitcoin has taken a sudden surge in the last 24 hours. Being in the month of September, Bitcoin showing this bullish momentum is a great sentiment for bitcoin enthusiasts. It is not a random movement but there are two reasons for it ; Donald Trump Buying the “Crypto Burgers” and Fed cutting fund rates by 50 bps. Let’s dive deeper into analysis and try to find out what could be the next move of Bitcoin, will it sustain or rise or fall back?

The chart Analysis

Looking at the chart it is clear that Bitcoin is trying to build a support at $62,800 and finding difficulties to enforce it. Currently BTC is trading at $62,875.2 and this zone is not yet cemented. BTC has tested the support of $61,900 multiple times, yet it is not a solid one. There are chances that bitcoin can fall back and we are going to discuss that, how?

The MACD indicator displayed a profound bullishness during the day, however, as the time passes and the two news are getting old, the bullish candles are slowly fading away. Even though there is a cross-over between the MACD line and the Signal line, but, it looks like the power has already been exhausted. The RSI has almost reached the overbought zone and can be seen at 73.2 points. 

Other Technical Metrics

Let’s have a look at the Bitcoin Long/Short ratio chart. In the last 8 hours, it is evident that traders were very bullish towards the price momentum and there are more long trades open in the market. However, as we have seen in the candle chart, the momentum is fading away and bitcoin is failing to construct a support for it. In case, it fails, we would see millions in liquidation.

In/Out of money data from IntoTheBlock shows that the current price zone is a very thin line and there are no chances bitcoin can survive in this little space. It either will have to go up or down seeking support. More than 80% of the wallet addresses holding Bitcoin are now “In the money” which gives a stress of profit taking, that can cause price to tumble. 

Liquidity Zone

A large number of investors have purchased high volume of Bitcoin above the current zone. The are waiting for a long time to take out their profit. The seasoned investors understand that doing this will cause btc to roll back, but the market can not trust the “Paper Hands.”

This can cause the price to plummet back to $62,000, or if the panic spreads in the market it can go down to $60,000. Currently, the liquidity lies around $63,500 and $62,500. Now the price moves to either side, there are chances of fall.

Looking ahead

The only possible way Bitcoin does not lose this position is if the investors decide not to take out their profits and more liquidity flows into the market. If Bitcoin crosses $63,000 and confirms the support, we can look towards $64,000 as the next resistance, as it was once the ATH for Bitcoin. It can also give a shock by rejecting the price.

As September is about to end in 10 days, the pressure is high. Let’s hope that the market does not have to face some bad news so that everyone gets to enjoy the rise of Bitcoin.

The post Ripple-Linked Wallet Moves 100 Million XRP Amid Regulatory Uncertainty appeared first on Coinpedia Fintech News

A Ripple-associated wallet has recently moved 100 million XRP as it transferred 19.7 million tokens to the Bitso exchange. This transaction valued at around $57.9 million was noticed by tracking platform Whale Alert. The transfer coinciding with Ripple’s ongoing regulatory challenges has ignited concerns among the community. 

After the initial transfer of the wallet, rhWt… sent 19.957 million XRP to another Ripple wallet, which distributed these funds to various exchanges. The largest chunk of 19.7 million XRP went to Bitso and a smaller chunk of 257,000 XRP was sent to Bitstamp. 

The Deadline For SEC’s Appeal Approaching Near

The approaching deadline for the SEC’s appeal on October 6 has further added to the speculations. The wallet could be related to Ripple lawyers prepping to release the trust fund as Judge Torres has approved the XRP company to hold the $125 million payment and the fund trust until there is a clarity on appeal by October 6. 

The wallet involved has been constantly inactive, engaging in several transactions over the week. In a previous transaction on September 17, 50 million XRP were moved to the same recipient wallet, indicating a pattern in the wallet’s activity amidst regulatory scrutiny. There’s speculation about a potential sell-off, especially with some of the transferred XRP being moved to exchanges.

XRP’s Muted Response

Following the transaction, XRP displayed a muted increase. XRP price was at $0.5843, 8.40% up from last week. The trading volume of XRP also surged in the last 24 hours with a 28.6% increase mirroring a boost in market activity and investor interest in XRP.

The post Altcoins Set for Big Moves: Top Analyst Predicts Major Volatility Ahead? appeared first on Coinpedia Fintech News

Popular crypto analyst Moustache, the altcoin market may soon experience significant volatility. His recent analysis suggests that altcoins could see an explosive move, deviating from the current sideways trend. Drawing comparisons to the bull runs of 2017 and 2021, Moustache suggests that a significant change in the market is approaching. What exactly could this mean for altcoin investors? Could we be on the verge of a bull run similar to past years?

Moustache Expects Big Altcoin Movement

In his latest tweet, Moustache expressed his belief that the altcoin market, represented by TOTAL2, is on the verge of massive volatility. TOTAL2 tracks the total market cap of all cryptocurrencies excluding Bitcoin, and any significant movement in this index could have far-reaching implications for altcoin prices. 

#Altcoins I think we'll soon see massive MASSIVE volatility for TOTAL2/Altcoins.Don't forget that this market can also do something completely different than just move sideways (see 2017, 2021).Fractal which I posted weeks ago is ready to take off to the upside imo. pic.twitter.com/2zQtZelC83

— 𝕄𝕠𝕦𝕤𝕥𝕒𝕔ⓗ𝕖 (@el_crypto_prof) September 19, 2024

According to Moustache, the market might not follow its usual sideways patterns and could instead experience a dramatic breakout, similar to what happened in the bull runs of 2017 and 2021.

This prediction, backed by fractal analysis, suggests that the altcoin market could be ready for an upward surge. The fractal pattern, which Moustache shared weeks ago, appears to be lining up perfectly for a significant move. In his opinion, this setup indicates that altcoins may soon take off in a massive upward direction, potentially surprising many investors.

Alt Season May Be Delayed – Data Shows

According to Blockchaincenter.net’s Altcoin Season Index, the market is still tilted in favour of Bitcoin. The index, which tracks whether Bitcoin or altcoins are performing better, shows that if the index is below 25, Bitcoin is gaining more attention. On the other hand, an index above 75 signals stronger altcoin performance. 

Currently, the index stands at 33, indicating that while altcoins have some room for growth, Bitcoin remains the preferred investment for many.

Recent data shows that a few altcoins, such as AAVE, SUI, and TRX, have seen gains of over 20% in the last 90 days. However, most top altcoins are lagging behind, suggesting that the long-anticipated altcoin season is yet to take off.

The post Fantom Price Prediction: FTM price Soars 60%, Eyes To Hit $1? appeared first on Coinpedia Fintech News

After trading under an intense bearish sentiment for a brief period, the Fantom price has recorded a strong bullish reversal amid ongoing cross-border market recovery. Moreover, with a 60% surge within 30 days, investors are curious about the possibility of it achieving the $1 mark.

Are you one of many who are planning on resurfacing altcoin? Dive in as, in this article, we have covered the in-depth research of Fantom (FTM) crypto token.

FTM Price Forms A Rounding Bottom Pattern!

This altcoin has jumped 12.82% in the past 24 hours with a trading volume of $397.53 million. Further, with a jump of 32.86% over the past week, the Fantom price is on the verge of experiencing a multi-pattern breakout in the 1D time frame, highlighting increased bullish action.

TradingView: FTM/USDT

Notably, it has formed a rounding bottom pattern and has continued to trade within it since June. Moreover, it has also formed a rising channel pattern after achieving the local low. Amid a bullish reversal and a trading price of $0.6416, it is hovering close to its resistance levels of the trend patterns.

The EMA 50/200-day shows a bullish rise in the FTM price chart. Further, with a high possibility of a Golden Cross, the technical indicator suggests a positive outlook for the altcoin in the coming time.

Moreover, the Relative Strength Index (RSI) has breached the overbought range in the 1D time frame with its average trendline recording a bullish curve. This indicates that the Fantom crypto will continue gaining value this week.

Will Fantom Ever Recover?

A bullish breakout could result in this altcoin heading toward its 3-month high of $0.680. Maintaining the price at that level will set the stage for the FTM price to head toward its upper resistance level of $0.840 during the upcoming weeks.

On the flip side, a bearish reversal could pull the price of this Ethereum-based altcoin toward $0.5375. Furthermore, if the bearish sentiment intensifies, the Fantom crypto could retest its lower support trendline of the channel pattern.

Curious about FTM’s price projections in the future? Read our Fantom Price Prediction 2024 – 2030

The post Solana Price Prediction for Q4 2024: Will SOL Price Reach $200? appeared first on Coinpedia Fintech News

Solana has been among the closely monitored tokens, due to which the volatility of the token has remained above the range. Although the volume remains within the average range, the possibility of reaching the upper targets has emerged. The SOL price has surged by over 8% in the past 24 hours and achieved levels above $140. With more than 80% of sentiments favouring the bulls, the price is expected to close the monthly trade close to $150. 

The SOL price held all the key support levels in the times when most of the altcoins were down by 50% from their highs. Besides, the Fed rate cuts appear to have come as a blessing in disguise, as they helped the token break the consolidation that it held for nearly a month. The token is about to break out to around $150, but only if the bulls defend the newly formed support at $138. 

Will SOL price make it to $150 before the end of September?

The September trade has historically been bearish, with the crypto markets losing billions. However, the scenario is expected to change as the markets have triggered a fine rebound, including the top tokens. The SOL price surpassed one of the crucial resistances at $140 and the 50-day EMA at $141.16 and a daily close above these levels is believed to validate a move above the bearish influence. 

Secondly, the DMI levels +Di & -Di are heading for a bullish crossover, indicating a change in a strong flip in the trend. Therefore, the Solana price is believed to maintain a healthy upswing for the rest of the month and achieve $150 if the bulls sustain above the gained levels. Therefore, the next few days could be extremely important for the Solana (SOL) price rally, as a bullish continuation may elevate the levels towards $200 in Q4, but a rejection may drag it back to $120. 

The post Will Meme Coins Lead The Bull Run? Discover The Top 3 Picks For Q4! appeared first on Coinpedia Fintech News

With the price volatility in the crypto market recording a new high, the Bitcoin price has successfully surpassed $63k with an intraday gain of 5.13%. Following this, the memecoin market cap crossed the $41 billion mark for the first time in about a month.

Furthermore, the speculations about a potential memecoin mania have resurfaced with questions like “Which memecoin is best to buy?” and “Will meme coins rise back up?” In this article, we have uncovered the top 3 memecoins that have the potential of going big during the coming bull run.

Dogwifhat (WIF)

After displaying a neutral action for a brief period, the Dogwifhat price has surged 16.01% in the past 24 hours with a volume of 309,221,093 WIF tokens worth $460.68 million. Further, it is on the verge of testing its important resistance trendline.

TradingView: WIF/USDT

The Moving Average Convergence Divergence (MACD) displays a rising pattern with its averages experiencing a bullish convergence in the 1D time frame. This highlights an increase in the price action for the meme coin in the market.

Suppose, the bulls break out of the triangle pattern, in that case, the WIF price will prepare to test its resistance level of $2.10. However, a rejection could pull this memecoin toward its support trendline of the trend pattern.

Also read, Dogwifhat (WIF) Price Prediction 2024 – 2030

BOOK OF MEME (BOME)

The BOME price records a jump of 13.33% over the past day with a high of $0.006787. Despite trading at a discount of over 76% from its All-time High, the BOOK OF MEME price has rewarded its long-term investors with a return of 637.01%.

TradingView: BOME/USDT

With the support of its average trendline, the RSI indicator has recorded a sharp rise in its chart. This has resulted in it breaking out of its neutral point in the 1D time frame. Further, this indicates an increase in bullish sentiment for the BOME memecoin in the crypto space.

If the bulls continue to gain momentum, the BOOK OF MEME price will breach its resistance level of $0.0075 and head toward its upper high of $0.0110. On the flip side, a bearish action could result in it plunging toward its crucial support of $0.0055 this month.

Bonk (BONK)

The Bonk price finds support at its support level of $0.0000150. This indicates a strong bullish support for the memecoin at that level. Moreover, with the ongoing market recovery, it has surged ~9% in the past 24 hours and has rewarded its investors with a YTD return of 33%.

TradingView: BONK/USDT

The technical indicators MACD and SMA have both recorded an increase in the bullish action. This indicates a positive outlook for the Bonk price in the cryptocurrency market.

If the bulls regain momentum, the BONK coin price may prepare to test its resistance level of $0.00002125 in the coming time. Conversely, if the bears regain power, this Solana-based memecoin may test its low of $0.0000150.

Also read, Bonk Price Prediction 2024 – 2030

The post Cryptocurrency News Today (Sept 19th, 2024): Bitcoin Price Breaks Past $63k! Is $66k Next? appeared first on Coinpedia Fintech News

Cryptocurrency Price Today: The crypto industry has commenced its day on a bullish note, such that the fear & greed index now shows a neutral score of 44. The global market cap has risen by an impressive 4.48% to claim $2.16T. While Bitcoin has claimed the $63k mark, top altcoins like Ethereum, Solana, and XRP are up 6.45%, 8.43%, and 2.66% respectively.

Bitcoin Price Today: BTC Eyes for $66k? 

Bitcoin price rose to its 3-week high, which was fueled by a surge in U.S equities, and Blackrock issuing Bitcoin Whitepaper. At the time of press, the BTC price is at $63,142.55 with gains of 5.51% over the previous day. The trade volumes in 24 hours too have risen by 26%. With this, investors are now expecting the $66k mark to occur.

Concerned about where the BTC price is headed? Our Bitcoin Price Prediction answers that and much more!

Altcoins Prices Today: Popcat Registers 35% Surge! 

ETH price is back to its crucial levels at $2.4k, presently with 6.45% in gains, it is trading at $2,449.7. While Solana’s (SOL) price surged 8.43% to claim a tag of $140.12, XRP price rose 2.66% to $0.5878. 

For long-term price targets of ETH, read our Ethereum Price Prediction

Top Gainers Today: 

Popcat ranks on the top gainers list with 35.03% gains that took the price to $0.9201. 

Sei after a bearish phase has risen 25.12% to $0.3364.

Bittensor (TAO) too joined the list with 21.68% gains, resulting in a price tag of $383.04.

Top Losers Today:

Kucoin token registered a 0.73% price fall to a face value of $7.46.

Unus Sed Leo (LEO) saw losses of 0.17% leading to a price tag of $5.62.

After a welcoming rate cut by the U.S FED, investors are now expecting an additional 70 basis points of rate cut at the FED’s November and December meetings. While the rate cut could depend on economic factors, any positive news would definitely call for a bullish close to the year.

The post Top DOGE Analyst Predicts Next Moonshot: Is It WIF to $3 or DTX Exchange With 1000% Rally appeared first on Coinpedia Fintech News

The DTX Exchange (DTX) platform has recently onboarded 13,000 new members into its exchange, with the majority of investors from Dogecoin (DOGE). Even though the memecoin sector hasn’t been in the headlines lately, the Dogwifhat (WIF) network is rivalling the DTX Exchange (DTX) as the next moonshot in the volatile market.

Dogwifhat (WIF) Market Analysis And Future Outlook

The recent price performance by the Dogwifhat (WIF) network is making investors think about whether this is a short-term sentiment or a major Dogwifhat (WIF) comeback in the memecoin industry. Dogwifhat (WIF) is projected to hit a new high of $5.26 by the first week of October, tentatively on the 9th.

Dogwifhat (WIF) has shown notable network activity within the last year, shooting up its buying pressure and ranking 55th in the market by market cap. Despite a sharp $67% decline from $4.83, Dogwifhat (WIF) is expected to recover from its temporary slump, according to CoinCodex. This is due to the sudden surge in the memecoin sector by investors.

Based on the on-chain data, two whale addresses pumped the Dogwifhat (WIF) network by a combined purchase of 20.58 million Dogwifhat (WIF) tokens. This $33.3 million purchase has pushed the Dogwifhat (WIF) network’s demand to new highs. The market observers say that the current chart patterns signal a bullish sentiment for the altcoin.

Dogecoin (DOGE) Dips By 5.49% In The Last 24 Hours

The recent performance by Dogwifhat (WIF) has contributed significantly to the interest in the memecoin community. Following this momentum, investors are hoping for the Dogecoin (DOGE) network to come back after the unstable Bitcoin (BTC) price threw Dogecoin (DOGE) to critical levels.

Surprisingly, the Dogecoin (DOGE) has followed somewhat the same path as the Bitcoin (BTC), experiencing heavy offloads from the network. The continued outflows from the Dogecoin (DOGE) network have increased its selling pressure, affecting the project’s overall trading volume.

Speaking of the similarity between Dogecoin (DOGE) and Bitcoin (BTC) performance trend, Bitcoin (BTC) dropped below $56,000 on September 5, while the Dogecoin (DOGE) price also dropped to as low as $0.96 the same day. Dogecoin (DOGE) investors have been observed moving their funds into a better alternative like DTX Exchange (DTX) to secure their capital.

Eyes On The Prize: DTX Exchange (DTX) To Hit 1000% Rally

DTX Exchange (DTX) has taken the market by storm after successfully securing a combined presale of $4 million, leaving investors and crypto analysts in shock. This DeFi platform has broken all previous presale records with its fast-selling presale rally amid the bearish market sentiment.

The DTX Exchange has been defying odds with its state-of-the-art technical architecture, which deploys advanced trading options and enables users to land high-ticket profits, enticing opportunities, governance votes, and proposals. The holders are also entitled to receive reduced trading fees and potential airdrops in the future.

So far, the DTX Exchange has sold over 13 million DTX tokens, raised $2 million in a private seeding round, and gone viral with a $100,000 raise in a single day. The rapidly growing investor community in the DTX Exchange platform shows why it is among the top 5 AI-powered cryptocurrencies in 2024.

Dogecoin Whales Pump DTX Exchange Following Its Presale Success

As the DTX Exchange goes viral after its VulcanX upgrade, Testnet launch, and all-in-one DTX wallet, investors and retail traders from established altcoins have been observed to sell their assets to join the DTX Exchange. This platform has also become an investor favourite because of its unique zero-commission policy.

DTX Exchange is poised to smash all past presale records with its high-volume presale rally, dominating Dogecoin (DOGE) and Dogwifhat (WIF). The emerging hybrid model is accelerating towards completion of its presale round 3 as more and more investors move in to secure high gains and a possible 25x opportunity.

Learn more: 

Buy Presale

Visit DTX Website

Join The DTX Community

The post Fed’s Rate Cut Sparks Crypto Rally: Bitcoin and Altcoins Soar! appeared first on Coinpedia Fintech News

The Federal Reserve’s decision to lower interest rates by 50 basis points has fueled a strong rally in the crypto market. Fed Chair Jerome Powell emphasized that the move aims to restore price stability without spiking unemployment, though he avoided committing to future cuts, stating that decisions will depend on the economy’s performance. Following the announcement, Bitcoin surged 4.31% in 24 hours, reaching a three-week high of $62,336. Other major cryptocurrencies like Ethereum, Solana, Cardano, and Shiba Inu also saw gains between 5% and 8%. Smaller tokens like SUI, TAO, and FLOKI recorded even larger increases, up to 24%.

The post Banana Gun Telegram Bot Faces Security Breach, $1.4 Million in ETH Stolen appeared first on Coinpedia Fintech News

According to the sources, the hackers were able to gain access to several user wallets associated with Banana Gun; this led to the theft of 563 ETH equalling $1. 4 million. The Banana Gun team has been working to examine the breach, and the said platform has its Telegram bot is shutdown for the meantime. To date, 36 victims are known, and it is still unclear whether Banana Gun itself was hacked. Telegram’s trading bot, Banana Gun has been a major player in controlling $6 billion in trading volume from 272,999 users. This incident has been preceded by other problems such as the staking of a Banana token in September 2023 where a contract bug was the main cause.

The post Fed’s Rate Cut Sparks Crypto Rally: Bitcoin and Altcoins Soar! appeared first on Coinpedia Fintech News

The Federal Reserve’s decision to lower interest rates by 50 basis points has fueled a strong rally in the crypto market. Fed Chair Jerome Powell emphasized that the move aims to restore price stability without spiking unemployment, though he avoided committing to future cuts, stating that decisions will depend on the economy’s performance. Following the announcement, Bitcoin surged 4.31% in 24 hours, reaching a three-week high of $62,336. Other major cryptocurrencies like Ethereum, Solana, Cardano, and Shiba Inu also saw gains between 5% and 8%. Smaller tokens like SUI, TAO, and FLOKI recorded even larger increases, up to 24%.

The post Bitcoin Surges Past $62,000 After Fed Announces Rate Cut; Potential Rally Ahead? appeared first on Coinpedia Fintech News

Following the announcement of the most anticipated rate cut of the year, Bitcoin quickly managed to cross over the $62,000 level. Fed Chair Jerome Powell announced that the central bank will cut interest rates for the first time in four years. Market experts believe this news could propel Bitcoin to newer heights!

A 0.5% Rate Cut!

Although a 25 basis point reduction was expected, there was a 50 bps cut, indicating a bold strategy to relax monetary policy, which aligns with the investors’ hopes for quick action amidst the economic uncertainty. 

Powell announced that the US’ central bank will cut interest rates by 0.5%, bringing them to a range between 4.75% and 5%. Bitcoin going over its previous $73,000 record will likely propel the rest of the $2.2 trillion crypto industry. However, there is uncertainty around the US elections, which might jeopardize the potential rally. 

Joel Kruger, market strategist at LMAX Group said that from a technical viewpoint, bitcoin needs to establish a clear break above $65,000 to suggest we are seeing the start of a bigger move that opens a push to fresh record highs. It has been trading in the range of $50,000 to $72,000 for the past several months, after reaching an all-time high of $73,798 in March

Crypto Market Rallies

The crypto market rallied 2% to just $2.2 trillion due to the much-awaited announcement. Ether bounced over 5% to $2,435 over the past 24 hours, while SOL surged over 6% to $138. The reduced interest rates and borrowings getting cheaper could prompt investors to buy high-risk assets like stocks and crypto. 

As the broader crypto market rose with Bitcoin, it also triggered substantial liquidations. Derivatives crypto traders have seen $204.3 million worth of contracts forced to liquidate in the past 24 hours, of which $130.5 million were short positions, while $73.8 million were from longs, implying a market tilt as prices surged.

What Could Hold The Potential Rally?

Several factors could overturn the potential rally, even before it gets some momentum. The major one being the upcoming US elections. According to Bernstein analysts, a Trump win will drive Bitcoin to as high as $90,000 this year, and the cryptocurrency could fall to as low as $30,000 if Trump does not win. 

Greg Magadini, director of Derivatives at Amberdata stated “While elections may create regulatory headwinds, monetary policy is providing tailwinds, making Bitcoin the most likely winner.”

$60,000: A Critical Background

The CEO of Pi42, Avinash Shekhar noted that a tug of war has been created between bulls and bears as the short-term holders are selling from August, signaling a potential price bottom, while long-term holders are maintaining support above $60,000. 

He said that the $60,000 level is a critical battleground and that “a high above $62K could steer in bullish momentum, while a breakdown below $60K could extend selling pressure.”

The post CYBRO Surpasses $2 Million in Sales: A Groundbreaking Game-Changer for DeFi! appeared first on Coinpedia Fintech News

It’s been an exciting ride with CYBRO. This project has just passed $2 million in sales – all thanks to the incredible community behind it! Let’s dive into why this milestone is just the beginning for CYBRO, and why you should definitely have your eyes on this project if you haven’t already!

Why CYBRO Is Set to Explode

Built on Blast, the only Layer-2 solution boosting ETH and stablecoin yields by default, CYBRO is transforming the DeFi space with cutting-edge AI technology. The platform is not just about passive income; it’s about maximizing your potential earnings.

Here’s what makes CYBRO the DeFi project you can’t ignore:

AI-Powered Investment Customization: CYBRO uses AI to tailor your investment portfolio based on your personal preferences and risk tolerance. This isn’t just some generic platform; it’s made to work for you.

Vault Selection Made Easy: With over 17 vaults live, users can easily choose the vaults that suit their strategy, with competitive APYs averaging around 10%! Vaults are categorized by trust score, total value locked (TVL), and APY, so you always know you’re getting the best options.

Pre-Alpha Yield Program: Hold at least $1,000 worth of CYBRO tokens, and you’re automatically enrolled in the Pre-Alpha Yield Program, earning weekly ETH yields! These rewards become available for withdrawal after the TGE.

Insane Tokenomics: With 8% of the token supply reserved for liquidity, CYBRO is designed to stay stable, even as demand surges.

Boost Your Crypto Yields With CYBRO

CYBRO Key Achievements: The Story Behind $2 Million Success

Since its launch, CYBRO has been firing on all cylinders. Here’s what’s been happening:

New Features & Capabilities: CYBRO hit the market with a ton of features that make it super easy for users to optimize their crypto earnings.

User Dashboard Upgrade: The dashboard and exchange screen have been revamped for an even better user experience. CYBRO’s UI is sleek, intuitive, and a dream for both new users and pros alike.

7,000+ Holders: The CYBRO community is growing at warp speed, with over 7,000 holders already on board and reaping the rewards.

Security Audits Complete: With audits from Assure DeFi and Certik, CYBRO has been thoroughly vetted to ensure safety and reliability.

Holders of CYBRO Enjoy Major Perks

The benefits of holding CYBRO tokens go beyond just earning. Check this out:

Lower Service Costs: Pay less for using CYBRO’s services.

Cashback in CYBRO: Get rewarded for your transactions.

Reduced Transaction Fees: Save on every trade.

Solid Insurance Program: Your investments are protected.

Airdrops: Free tokens, anyone?

Plus, the current presale offers CYBRO at 50% less than its listing price. That means the potential for 140% ROI when it hits the market— and some experts predict it could skyrocket by 1200% in the next year!

What’s Next for CYBRO?

CYBRO is not slowing down anytime soon. Here’s what’s coming next:

AI Broker: A chatbot designed to guide you in selecting the best assets based on past performance and current yields.

One-Click Investment: Seamlessly integrate DeFi and CeFi strategies with just a click.

Farming Pool Aggregator: This tool helps you find the best farming options with the highest yields.

Security & Community at the Core

Security is a top priority for CYBRO. With a $25,000 Bug Bounty program and ongoing audits, CYBRO is one of the safest places to park your crypto. Plus, the team is super transparent, providing monthly governance reports and keeping everyone in the loop via X, Discord, and Telegram.

The best part? 5% of the total CYBRO supply is allocated to reward the most engaged users, so staying active in the community pays off—literally.

Final Thoughts: The Future of CYBRO Looks Bright

CYBRO is a DeFi project with a huge upside, combining the power of AI with a killer platform built for serious crypto investors. The presale is your chance to get in early and ride the wave to massive potential gains.

With its strong community, innovative features, and focus on security, CYBRO is set to redefine how we think about DeFi. Don’t sleep on this one—get involved today and join the future of decentralized finance!

The post Bitcoin Price Analysis: Why Institutional Investors Are Backing the Bull Run appeared first on Coinpedia Fintech News

It seems that Bitcoin is currently in a positive phase. In the last seven days, it has experienced a massive growth of 7.1%. The latest macroeconomic developments, like the US interest rate cuts, indicate that the Bitcoin market is likely to grow even further in the final quarter of the year. The latest post by Ki Young Ju, the CEO of CryptoQuant, brings attention to the changing institutional sentiment towards Bitcoin. Let’s dive in!

Bitcoin Institutional Sentiment: An Overview 

Young observes that institutional investors are no longer aggressively shorting Bitcoin. He shares the Bitcoin CME Futures Net Position in USD chart as evidence to support his observation with data. 

Looking at the chart, it is evident that net short positions on Bitcoin futures at the CME have dropped by at least 75% over the last five months. The data in the chart is crucial, as the CME is one of the largest platforms where institutions trade Bitcoin futures. The key implication that can be derived from this observation is that currently there exists strong institutional sentiment in favor of Bitcoin.

Institutions are no longer aggressively shorting #Bitcoin. CME futures net positions have declined by 75% over the past 5 months. pic.twitter.com/Vr6Yx5TcYi

— Ki Young Ju (@ki_young_ju) September 19, 2024

What Does This Mean for Bitcoin?

It is a known fact that the attitude of institutional investors towards an asset can influence it positively, as there is a tendency among retail investors to follow the path of institutional investors. As Bitcoin now enjoys the confidence of institutional investors, there is a high chance that those short-term investors, who left this crypto during the recent period of uncertainty, may return to the market. 

In conclusion, it can be said with some certainty that there is a high possibility for the Bitcoin market to experience a bullish trend soon, especially considering the fact that it now has the strong backing of institutional investors. This positive shift in institutional sentiment supports the Bitcoin price prediction that suggests significant growth ahead. If the trend continues like this, there is little chance that the market will witness any major drop in the near future – which is important for it to achieve a massive growth.

Also Check Out: Buy, Hold, or Sell: Solana (SOL) and Cardano (ADA) Price Fail To Break Trend!

The post Ethereum Price Analysis: ETH Price Ready For A Major Reversal In Q4? appeared first on Coinpedia Fintech News

With the crypto market experiencing an increase in price action, altcoins have regained momentum by recording significant price volatility in their respective valuations. Moreover, with the rising whale/institutional activities, the on-chain data shows an increase in the accumulation of top tokens.

Moreover, with a rate cut of 50BPS by the US during the recent FOMC meeting, the odds have once again started favoring the crypto market. Further, with the Ethereum price reclaiming the $2.4k level, speculations about a possible breakout rally have intensified.

Planning on investing in the Ethereum (ETH) token during this time of uncertainty? In this article, we have uncovered the market mysteries of the leader of altcoins for the upcoming weeks!

ETH Price Enters A Crucial Watch Zone!

Amid a bullish recovery in the cross-border financial system, the altcoin leader, Ethereum price has recorded a jump of 7.12% in its valuation this week alone. Moreover, with a 24-hour volume of $20.97 billion, it has successfully reclaimed the $2.4k mark.

TradingView: ETH/USDT

However, from the long-term perspective, it has continued trading under a descending channel pattern since August. Moreover, it has plunged ~14% within the past 26 days and has a monthly return of -8.52%. This indicates a strong bearish sentiment in the market.

Ethereum Technical Sentiments

The SMA indicator is on the verge of recording a bullish convergence in the 1D time frame. This suggests increased bullish sentiment for the altcoin leader in the market.

Further, the MACD shows a rising green histogram in the Ethereum price chart with its averages displaying a rising bullish pattern. This highlights that the ETH coin will continue gaining value in the coming time.

Will The ETH Price Go Up?

A bullish breakout could result in the Ethereum crypto heading toward its resistance level of $2,530. Furthermore, if the bullish sentiment intensifies, it could result in the altcoin preparing to test its upper high of $2.8K in the coming time.

On the flip side, if the bulls face rejection at its resistance level of the descending channel pattern, this could result in the price of ETH crypto plunging toward its low of $2.1K during the upcoming weeks.

For the long-term price target, Read our Ethereum Price Prediction 2024 – 2030

The post Is Crypto Bull Run Imminent? What’s Next After the FED’s Interest Rate Cut? appeared first on Coinpedia Fintech News

The impact of the first United States interest rate cut in around four years is visible to the global market industry, led by stock indexes, precious metals, and crypto assets. 

During the mid-London session, the crypto market cap gained nearly 2 percent in the past 24 hours to hover about 2.24 trillion on Thursday. 

As crypto traders celebrated the Bitcoin price rally above $62k, Ethereum, Avalanche, and Solana prices led the altcoin in a bullish recovery.

As a result, the fear of further crypto capitulation has significantly decreased in the past 24 hours, with Bitcoin’s fear and greed index hovering around 49 percent, which signifies traders are neutral.

What Next for Bitcoin and the Crypto Industry 

Cryptocurrencies are on an impressive upswing following a groundbreaking US Fed decision to cut interest rates for the first time since March 15th, 2020.The social expectations from the crowd will have a dramatic impact on where we go from here. With Bitcoin reaching as high… pic.twitter.com/AQbQpXqIYI

— Santiment (@santimentfeed) September 19, 2024

With the United States quantitative easing at hand, some Wall Street analysts have cautioned traders against expecting an immediate bullish continuation. According to Arthur Hayes, co-founder and CIO of BitMEX, the 50 bps Fed’s rate cut could be a ‘nuclear catastrophe’ for the financial market soon before the inevitable rally in the long haul.

Furthermore, Hayes believes the ongoing rate cuts in major economies point to a deep rot in the financial system. Every time the Fed initiated a quantitative easing cycle with 0.5 percent in the past two decades, the overall impact was a stock market retrace in the subsequent months before the long-term bullish rebound.

Jan 3, 2001: .5%Sept 18, 2007: .5%March 3, 2020: .5%Sept 18, 2024: .5%These are the last 3 times the FED has initiated its cutting cycle with .5%. $SPX #NASDAQ #FOMC #Recession #Economy $QQQ pic.twitter.com/GVwAIwOyLe

— Brett (@brett_eth) September 18, 2024

However, keeping a close watch on the ‘Uptober narrative’ in the Bitcoin price action is prudent, as it has yielded bullish outcomes in the past years for the subsequent months.

Mixed Reactions from Whale Investors

An #Ethereum ICO participant deposited 10,000 $ETH($24.37M) into #Kraken 15 minutes ago after being dormant for 2 years!The participant received 50,000 $ETH(ICO cost was $15.5K, now worth $121.85M) at #GENESIS.https://t.co/cuEosgIONq pic.twitter.com/PK4KePNFvu

— Lookonchain (@lookonchain) September 19, 2024

According to on-chain data analysis, whale investors have opted to cool down from the previous high accumulation rate. For instance, the demand for the US spot Bitcoin and Ethereum has significantly declined in recent times, which some whale investors, led by Ceffu, have been offloading in huge volume. 

The post Can Ripple, Solana and JetBolt 1000x in 2024? XRP and SOL stagnate as JBOLT Presale Explodes appeared first on Coinpedia Fintech News

Crypto buyers in 2024 are carefully studying the landscape, considering whether to double down on older generation tokens like Ripple (XRP) and Solana (XRP) or to look for newer coins with better prospects. XRP experienced modest growth in 2024, while Solana enjoyed early success and a more recent 7.8% price decline this month. A noticeable new trend amongst Ripple (XRP) whales and Solana (SOL) holders is that they have been zooming into the new coin JetBolt (JBOLT) as it garners appeal and interest from the Ripple community.

Is Ripple (XRP) Price bound for recovery or a massive selloff?

Ripple (XRP) has faced numerous challenges in 2024 which have had a noticeable impact on its price. Ripple holders have been through a rollercoaster of emotions, as XRP oscillated between peaks above $.07 and lows reaching a minimum of $0.45. Crypto analysts have attributed these price movements to the uncertainty surrounding XRP, as well as due to Ripple’s ongoing legal battles in key jurisdictions. Over the last few days however, Ripple (XRP) coin price climbed by less than 10%, offering some respite to holders.

Coindesk researchers point to Grayscale’s recent XRP trust as one of the positive indicators which could be behind this renewed bullish price move. However, XRP selloff fears appeared after Ripple chairman recently moved 50 million coins.

Why Ripple (XRP) whales are buying this mysterious new coin.

XRP whales with deep pockets have been on new coin-buying sprees, and JetBolt (JBOLT) coin has received more interest than others. Over the past few days, XRP holders have been accumulating a proportionally large number of JetBolt (JBOLT) coins as they show their optimistic interest towards this AI and futuristic coin. Crypto whales in the XRP holder base and community are realizing the appeal of JetBolt, and are quietly amassing JBOLT tokens at advantageous early rates before the coin gains massive wider popularity. 

Ripple (XRP) Price Prediction Discussions in Context

Discussions and speculation on the topic of XRP price predictions vary depending on the bullish or bearish outlook of specific analysts. Several researchers have issued positive prognostications on Ripple (XRP), with a pattern known as an “Elliott Wave” continuing to unfold.

MoreTrading research has observed a sideways price consolidation, noting a $0.618 extension target for the C wave with the possibility for a further price breakout in the event of a recovery and an increased level of interest in Ripple (XRP). Although corrective price action, more bearish pundits advise that it may be too early to tell and that U.S. Federal Reserve interest rate news could lead to increased XRP price volatility.

Can Solana (SOL) revive previous price climb success?

Solana (SOL) coin holders are eyeing possible diversification into new coins as they wonder whether SOL can replicate earlier success. Pushed up by the meme coin craze which has since cooled, Solana (SOL) price has struggled to maintain a long-term upward trajectory and was one of the few top 10 cryptocurrencies to experience a price contraction in the last 24 hours. Technical indicators remain unclear according to SOL price analysts and remain murky at best.

Why are Solana (SOL) whales also buying JetBolt (JBOLT)?

Solana’s price pump in early 2024 is widely attributed to the rise in popularity of meme coins deployed on the SOL chain. As the underlying crypto used to buy and trade many new meme tokens, Solana (SOL) price rode on the meme coin wave to success, but as meme coin trending cools, large Solana holders are looking for the next crypto wave to ride.

On-chain activity shows several large Solana whales exploring AI crypto coins, with JetBolt (JBOLT) in particular gaining the most interest. As the demand for coins in new high-potential segments, large crypto investors are increasingly excited and bullish on JetBolt (JBOLT).

Conclusion – XRP and SOL stagnate as JBOLT Presale Explodes

Following gains earlier in the year, September 2024 has been a relatively stagnant period for crypto titans Ripple (XRP) and Solana (SOL). During this uneventful period for XRP and SOL, Ripple whales and large Solana crypto holders have been keeping busy, exploring coins with more future potential. Amongst these, JetBolt (JBOLT) coin is fast gaining new holders and buyers from within the XRP community and SOL holder base ranks. JetBolt momentum grows louder with each day, and XRP whales are pouring in, hoping to buy JetBolt (JBOLT) coins before the next price increase.

Information about JetBolt (JBOLT) coin can be found by visiting links below:

JetBolt Official Website: jetbolt.io

JetBolt Telegram: https://jetbolt.io/telegram

JetBolt X (Twitter): https://x.com/JetBoltOfficial

The post AI Tokens To Dominate The AltSeason In Q4 As Bulls Resurface? appeared first on Coinpedia Fintech News

As the price of Bitcoin (BTC) reclaims the $62,000 mark during the early Asian trading hours, the cryptocurrency market has experienced a strong bullish recovery with top altcoins heading toward their important resistance levels.

Moreover, despite the meme coin category recording the highest gains, the Artificial Intelligence (AI) category has resurfaced with many tokens recording a significant surge. With this, the AI category is under the limelight once again.

Will the AI category make a bullish comeback this Q4? Scroll down as, in this article, we at CoinPedia have documented detailed research concerning Injective (INJ), Render (RENDER), and Theta Network (THETA) crypto projects.

INJ Price To Test Its Important Resistance Level?

Amid increased bullish action, the Injective coin price has jumped 7.82% in 24 hours with a trading volume of $114.10 million. Moreover, with a monthly gain of 10.87%, it has successfully reclaimed the $20 mark. Notably, the altcoin is on the verge of testing its trendline, the outcome of which is uncertain.

TradingView: INJ/USDT

The Simple Moving Average (SMA) supports the Injective price chart in the 1D time frame. Moreover, the MACD indicator has displayed a rising pattern, indicating a strong bullish outlook for the AI token in the coming time.

If the bulls break out of the resistance level of $21.35, the INJ coin price will prepare to test its upper high of $28.25 in the coming time. On the flip side, a bearish reversal could pull the price toward its crucial low of $15 this month.

Also read, Injective Price Prediction 2024 – 2030

Render Token Records Increased Price Volatility!

With a jump of ~11% over the past day, the Render price has reclaimed the $5 mark. Notably, with a trading volume of $324.04 million, it has recorded a 24-hour High/Low of $5.19 and $4.62. Moreover, with a YTD return of ~15% and a market cap of $2.66B, it has secured the 34th position.

TradingView: RENDER/USDT

The EMA 50-day acts as a resistance to the price chart in the 1D time frame. However, the Relative Strength Index (RSI) has breached its neutral point with a bullish convergence in its RNDR price chart. This suggests a mixed sentiment for the ERC-20 token in the market.

Suppose, the bulls regain momentum, in that case, the Render price will head toward its upper level of $7.18 in the coming time. Conversely, if the uncertainty continues hovering over the crypto market, the Render token could plunge toward its low of $3.65.

THETA Price Hints At A Potential Break Out Rally?

By defying all odds, the Theta Network price has jumped 10.52% within the past day and 16.56% over the past week. Furthermore, it has jumped 18.54% during the past 30 days and has a Year-to-Date (YTD) return of 11.86%.

TradingView: THETA/USDT

The MACD indicator has experienced a constant rise in the green histogram. Further, its averages show a similar action. With its SMA supporting the price chart, the THETA token hints at a bullish outlook in the coming time.

Maintaining the price above its resistance/support level of $1.410 could set the stage for this altcoin to head toward its upper level of $1.975 during the upcoming weeks. However, a bearish action could result in it retesting its low of $0.930.

Also read, Render Price Prediction 2024 – 2030

The post XRP News: Ripple’s Secret Plan to Dominate $11 Trillion Remittance Market appeared first on Coinpedia Fintech News

XRP’s price could skyrocket to $5 if Ripple captures 50% of the global remittance market, a scenario now within sight. The XRP price action shows a bullish continuation pattern, indicating a potential 40% breakout in the near term. A combination of favorable factors, including the upcoming SEC appeal deadline and the recent 50 basis point rate cut, further strengthens the bullish outlook.

XRP’s flat performance and the $1 target seem far off, but don’t count it out yet—key moves could spark a new all-time high! Read on. 

SEC Appeal Looms – A Key Moment for XRP

As of now, only 17 days remain before the SEC’s October 6 deadline to appeal the Ripple lawsuit settlement. Should the SEC choose not to appeal, it could pave the way for a significant price rally, with XRP potentially reaching as high as $5. This comes after Ripple was ordered to pay $125 million to the SEC, a sum they have held until the appeal period expires. If no appeal is filed, market confidence in XRP could soar.

Ripple’s Remittance Ambitions Could Send XRP to New Heights

Ripple’s XRP is uniquely designed for cross-border payments, making it a valuable asset in the global remittance market. According to Statista, this market is set to reach $11.53 trillion by 2024, with projections hitting $16.59 trillion by 2028. If Ripple manages to secure even 50% of this market, XRP could see unprecedented gains. With a total supply of 100 billion tokens and only 56.4 billion in circulation, XRP’s price could theoretically reach $283 under ideal conditions if supply remains controlled.

Speculation of XRP as a Reserve Asset

There’s growing speculation that XRP could become a reserve asset, similar to gold’s role for the U.S. dollar. Ripple’s CTO has hinted that XRP’s escrowed tokens could be ‘burned,’ further limiting supply and driving up prices. If such developments unfold, XRP’s potential valuation could rise astronomically, with some estimates pointing to a 48,900% increase from current prices.

Market Outlook – A Rally on the Horizon?

With the SEC appeal window narrowing and Ripple’s growing role in global remittances, XRP is on the brink of a major rally. A non-appeal by the SEC and increasing market confidence in Ripple’s ability to capture significant market share could push the token beyond its current resistance levels, making the $5 mark a realistic target in the coming months. The countdown is on, and traders are bracing for a potential game-changing move.

The post BTC Breaks Out Above $60K, Propelling BNB and AVAX – Is This New AI-Based Blockchain the Next Big Thing? appeared first on Coinpedia Fintech News

Bitcoin (BTC), the flagship crypto, once again broke out above $60,000. As expected, a bullish wave was sparked, driving demand for and fueling upticks in Binance Coin (BNB) and Avalanche (AVA). With more room for growth, these are altcoins to watch out for. 

Meanwhile, IntelMarkets (INTL), a new AI-based blockchain, is in the spotlight. It has become the subject of much interest, given its novelty as a blend of AI, blockchain and DeFi. As it sets out to reshape the crypto trading scene, it has been hailed by industry experts as the next big thing. 

IntelMarkets (INTL): The Next Big Thing?

IntelMarkets (INTL), a blend of AI, blockchain and DeFi, has become a subject of much interest. Hailed as a trailblazer by industry experts, it is a promising wave not to miss out on, considering its impending transformation of the $36 billion global crypto trading market. 

In just a few weeks since its debut, over $360,000 has been raised in early funding, speaking volumes about investor confidence in its potential. Meanwhile, in the second stage of the ICO, a token costs just $0.018, promising over 10x gains on the launch date and a projected 65x rally after its debut. 

Given the above, it is set to outclass top altcoins like Binance Coin (BNB) and Avalanche (AVAX). Regarding its appeal, it will be the first true modern-gen trading platform. Unlike conventional blockchains based on old models, its proprietary AI-based blockchain will be revolutionary. By integrating AI across all levels, it is a new DeFi project worth betting on. 

Binance Coin (BNB): On the Upside

Binance Coin (BNB), a top-5 cryptocurrency, is on the upside. It gained traction after Bitcoin (BTC) soared above $60,000. Amid rising interest and demand, analysts anticipate further gains, making it an altcoin to watch out for. 

The BNB price has been up over 1% on the daily charts, trading above the $540 support. This is part of a broader upswing—a 7% jump on the weekly charts. Meanwhile, a BNB price prediction suggests a rally above $600 before the end of Q3, making it a top crypto to invest in. 

In recent developments, Binance, the largest centralized crypto exchange, confirmed its new Telegram mini-game, Moonbix. Aiming to capitalize on the play-to-earn buzz, millions of new users might be onboarded amid the promise of rewards and exciting gaming experiences.  

Avalanche (AVAX): Tipped to Close Q3 Above 40

Avalanche (AVAX), a Layer-1 blockchain and altcoin, is also gaining momentum. As a DeFi platform, it allows the creation of dApps and stands out thanks to its high transaction output and scalability. Reflecting bullish sentiments, it trades on the upside. 

It is one of the biggest winners in the past month, soaring over 14% on the monthly chart. The Avalanche price is above $23, up 1% on the weekly chart with plenty of room for growth. According to industry experts, it is on track for a rally past $40 in the coming days, placing it on investors’ radars. 

This Avalanche price prediction has been stirring up much buzz and rightfully so. Considering it registered an annual peak of $60 during the March high, a Q3 close above $40 isn’t out of the question.  

Conclusion

Binance Coin (BNB) and Avalanche (AVAX) gained traction as Bitcoin broke out above $60,000. Also gaining significant momentum is IntelMarkets (INTL), an emerging cryptocurrency. Approaching the $500,000 fundraising milestone, its impending transformation of the crypto trading market with AI makes it an investor favourite. 

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