The post BlackRock’s Bitcoin Game, Strategy or Speculation? appeared first on Coinpedia Fintech News BlackRock, the giant asset manager and the largest provider of spot Bitcoin Exchange Traded Fund (ETF) in the United States, has been making waves in the cryptocurrency space with its strategic Bitcoin (BTC) acquisitions. On October 21, 2024, BlackRock made another significant purchase of 4,869 BTC, worth $328 million, according to blockchain transaction tracker Lookonchain. …

The post Retail Crypto Traders Abandon Spot Trading for Derivatives: What This Meant For Bitcoin appeared first on Coinpedia Fintech News October saw a surge in the crypto market, with a 13% rise in market capitalization from $2 trillion to $2.35 trillion. Interestingly, retail investors are becoming more active, but instead of traditional spot trading, they are increasingly turning to derivatives. This change raises questions about the future of the market and how it will impact …

The post Maker Dao (MKR) Considering Rebranding Back To Maker Amid Its Token Confusion! appeared first on Coinpedia Fintech News Reportedly, the Sky ecosystem which was previously known as Maker is planning to rebrand back to Maker following the confusion since the platform’s rebranding in August. Notably, since its rebranding, users reportedly have been confused about the roles of the Sky token and Maker brand. Following this, its co-founder Rune Christensen has proposed to keep …

The post Bitcoin Price Analysis: Bullish, Bearish and Neutral Scenarios Explained appeared first on Coinpedia Fintech News Currently, Bitcoin is positioned at a critical juncture. A strong support at $66,000 is important for any upward movement. A recent analysis of Crypto Banter’s The Sniper Trading Show explains a crucial support level for Bitcoin. Analysts anticipate the formation of a pin bar candle, suggesting a push toward the $70,000 zone in the coming …

The post After the Launch of Apechain, Has Apecoin Bull Run Settled or is it Preparing for the Next Massive Run? appeared first on Coinpedia Fintech News The launch of Apechain was one of the most bullish events for the APE price rally as the token surged above the current consolidation. With a rise of over 200% in the price and over 10x jump in the trading volume, the price appears to be primed to keep up the bullish trend for the …

The post Kyber Network Exploiter Resurfaces After 7 Months Of Inactivity! appeared first on Coinpedia Fintech News Reportedly, on 23rd October 2023, this exploiter hacked the Kyber Network. During this hack, the exploiter stole $48.3 million in crypto assets across multiple networks. These networks included Arbitrum, Optimism, Ethereum, Polygon, and Base. Moreover, till today, the exploiter has laundered a total of 7,200 ETH tokens worth $17.23 million through Tornado Cash. with this, …

The post Altcoin Season To Kickstart, If Ethereum (ETH) Price Hits This Level First? appeared first on Coinpedia Fintech News Amid increased price volatility, Bitcoin price has experienced a strong pullback over the past 24 hours. Following this, the Ethereum price has experienced a similar price action by facing rejection around its important resistance level of $2,800. Planning on investing in this digital asset before the Altseason begins? In this article, we have covered the …

The post Chris Larsen’s $10M XRP Donation Sparks Controversy Amid Ripple-SEC Lawsuit appeared first on Coinpedia Fintech News Chris Larsen, the co-founder of Ripple, is making headlines for his $10 million donation in XRP to U.S. Vice President Kamala Harris. While Larsen claims this contribution aims to promote technological innovation and encourage crypto-friendly policies, it has sparked significant backlash within the crypto community. Many are now questioning whether this move could impact Ripple’s …

The post Solana Price Prediction: Will SOL Break Above $200? appeared first on Coinpedia Fintech News After an impressive breakout last week, Solana (SOL), a rapidly growing layer one (L1) blockchain with many decentralized finance (DeFi) protocols, is gaining significant bullish momentum. Currently valued at about $98 billion, with a daily trading volume averaging around $4.6 billion, this large-cap altcoin has recently retested its support/resistance level above $161, signaling a potential …

The post Bitcoin All-Time High: Expert Reveals Best Entry Point for Max Profits appeared first on Coinpedia Fintech News Bitcoin (BTC) is facing a challenge today after hitting a resistance point at the $70,000 mark on Monday. However, institutional investors are taking advantage of the dip! U.S. spot exchange-traded funds (ETFs) saw a remarkable $297 million in fresh inflows as they jumped in. With no major catalysts on the horizon, this week could see …