The post Binance Partners with Macao Judiciary Police To Strengthen Law Enforcement appeared first on Coinpedia Fintech News

Binance, a leading cryptocurrency exchange, has joined hands with the Macao Judiciary Police to pioneer an in-person law enforcement training program, marking a significant milestone in its global cooperation with law enforcement agencies.

Over 40 representatives from the Macao Judiciary Police’s Criminal Investigation Department and Gaming-related and Economic Crimes Investigation Department participated in the training session. With this Binance aims to boost security in blockchain and digital realms, hosting training programs globally.

Macao Training Initiative

The training session, held at the Macao Judiciary Police College on May 21, featured Carlos Mak, a specialist from Binance’s investigation team, as the lead instructor. 

Mak shared invaluable insights into the investigation of blockchain and virtual asset-related crimes, shedding light on Binance’s collaborative efforts with law enforcement agencies worldwide.

BINANCE BLOG: Binance Partners With Macao Judiciary Police For First In-Person Law Enforcement Training币安战略: 币安与澳门司法警察局合作开展首次现场执法培训https://t.co/pz57Uxcl6z$FOR

— 方程式新闻 BWEnews (@bwenews) June 13, 2024

A spokesperson from the Macao Judiciary Police expressed gratitude for Binance’s initiative, recognizing its significant contribution to strengthening crime prevention strategies and equipping our officers with essential skills to combat digital-age criminal activities effectively.

Carlos Mak also praised the collaboration, highlighting Binance’s firm commitment to combating financial crime. He stated, “We’re honored to partner with Macao law enforcement officers, aiming to share knowledge and foster cooperation in safeguarding users and ensuring online financial security.”

Binance Groundbreaking Commitment 

Earlier this year, Binance’s CEO, stated in their 200M user milestone AMA session, pin-pointed about partnering with governments for crypto awareness. Binance is committed to enhancing security in the blockchain and digital realms. 

Through global training programs, Binance equips law enforcement with blockchain expertise.

Global Efforts to Combat Financial Crime

The Macao training initiative is part of Binance’s broader commitment to collaborating with law enforcement agencies worldwide. In 2023, Binance organized over 120 online and offline law enforcement training sessions globally. 

Last month, it hosted the inaugural online Law Enforcement Training Day, attracting participation from over 1,300 officers worldwide.

These efforts underscore the global law enforcement community’s growing focus on virtual asset-related crimes, highlighting the significance of collaborative initiatives in safeguarding the Web3 ecosystem.

The post Does Ripple Approach the End of Its Battle With the SEC? Garlinghouse Thinks So! appeared first on Coinpedia Fintech News

Ripple, the San Francisco-based blockchain company, is nearing the conclusion of its prolonged legal dispute with the US Securities and Exchange Commission. According to CEO Brand Garlinghouse, the end is in sight, with a humorous reference to September 21 as ‘the end of summer.’

The Ongoing Battle Between Ripple and SEC

Ripple’s conflict with the SEC revolves around classifying and selling its cryptocurrency, XRP. The SEC alleges that Ripple’s sale of XRP constitutes an unregistered securities offering and seeks fines and penalties amounting to $2 billion. U.S. District Judge Analisa Torres previously ruled that Ripple’s sale of XRP worth $728.9 million to sophisticated investors was unlawful.

Ripple’s Stance and Actions on the SEC Legal Battle  

Ripple maintains that XRP is a cryptocurrency, not a security, and has been vigorously defending this position. Recently, the company filed a motion to seal certain documents to protect sensitive business information. While the SEC agreed to some of these requests, it contested others. 

Chief Technology Officer David Schwartz emphasised that Ripple’s global business remains robust despite the US regulatory challenges. He highlighted the more manageable regulatory environment outside the US as a positive factor for the company.

Impact the SEC Legal Battle on XRP and the Crypto Market 

The outcome of this tug-of-war between the SEC and the blockchain company could significantly impact not only Ripple but the broader cryptocurrency market. Regulatory clarity for XRP might set a precedent for other cryptocurrencies, influencing future legal and regulatory approaches.

Currently, XRP is trading at $0.48, down from $0.62 at the beginning of the year. The cryptocurrency has experienced significant volatility, with its price peaking at $0.72 in mid-March before declining again.

As Ripple approaches the final stages of its legal battle with the SEC, its implications are substantial for the company and the cryptocurrency market. The resolution of this case could pave the way for clearer regulatory guidelines, potentially benefiting the entire Web3, Blockchain and Crypto sector.

Post Vai mākslīgā intelekta uzplaukums ir atjaunojies kā RNDR un FET cena rekordliela? pirmo reizi parādījās Coinpedia Fintech News

Kriptofondu tirgus turpina uzrādīt paaugstinātu cenu nepastāvību, jo labākie altkoīni savos portfeļos uzrāda ievērojamas cenu svārstības. Turklāt pēc PCI datu publiskošanas tirgū bija vērojama strauja cenu darbība.

Turklāt populārākie mākslīgā intelekta (AI) marķieri, piemēram, Render un Fetch.ai, savos portfeļos reģistrēja strauju lēcienu pēc tam, kad aptuveni mēnesi tika tirgoti lāču noskaņojumi. Tas sniedz investoriem atvieglojuma zīmi un lielu iespēju tuvākajā laikā veikt pozitīvu cenu darbību.

The post Telegram’s Toncoin Blockchain Outperforms Ethereum In Daily Active Addresses! appeared first on Coinpedia Fintech News

According to the latest on-chain reports, Telegram’s Toncoin blockchain has outperformed the Ethereum blockchain in terms of daily active addresses for 10 out of 12 days this month. This further highlights an increase in the investor’s interest towards the adoption of the Toncoin blockchain when compared to the Ethereum chain. Positively, on 3rd June, the Toncoin blockchain achieved a new milestone by recording 568,300 active users.

The post El Salvador Now Holds 5,779 Bitcoins With Over 473 Coins Mined Since 2021 appeared first on Coinpedia Fintech News

The Republic of El Salvador has grown into a major financial hub in Central America, fueled by its Bitcoin (BTC) adoption plan. After steering the country out of a security crisis in the first term, El Salvador’s President Nayib Bukele was overwhelmingly supported in the recently concluded election. 

El Salvador Bitcoin Holdings Grows Exponentially 

Since El Salvador adopted Bitcoin (BTC) alongside the United States dollar in 2021, the country has accumulated more than 5,779 BTCs, worth about $390.5 million. The country has accumulated more Bitcoins through different sources, including its citizenship program, mining operations, and daily acquisitions.

Earlier this year, El Salvador introduced its Freedom Visa program, which will welcome 5,000 highly skilled individuals with free passports. Notably, the country’s visa program has accepted Bitcoin and USDT payments.

As for the mining operations, El Salvador has obtained more than 473 BTCs, worth over $31 million, since 2021. The country has been using its volcanic geothermal power to mine Bitcoins, thus providing a clean energy solution.

Earlier this year, President Bukele announced that the country would be purchasing 1 Bitcoin per day. 

Meanwhile, the country has significantly improved its infrastructure, including school renovations, roads, and security, to attract more investors. Moreover, it has a Bitcoin Bond that significantly helps run its operations. 

Market Implications 

The palpable gains in Bitcoin in the past year have helped El Salvador’s Gross Domestic Product (GDP) increase significantly. Moreover, more institutional investors worldwide are embracing Bitcoin as an asset class.

Consequently, cryptocurrency liquidity will gradually improve in the coming years as more countries follow El Salvador’s example.

The post Bitcoin Whales Buy The Dip: Supply on Exchanges Drops to Lowest Level Since December 2022 appeared first on Coinpedia Fintech News

The Bitcoin (BTC) supply on centralized cryptocurrency exchanges has continued to shrink in the past few months, as expected. Recent positive events worldwide have triggered the mass accumulation of the flagship coin. For instance, the recent fourth Bitcoin halving has reduced the coin’s annual inflation below 2 percent. 

Additionally, the approval of several spot Bitcoin exchange-traded funds (ETFs) in various jurisdictions has accumulated more than 1 million coins, accounting for about 5 percent of the total supply. On Wednesday, Fidelity’s FBTC led US spot Bitcoin ETFs with $50.6 million in cash inflows, thus a net cash inflow of about $100.8 million.

Bitcoin Whales Take Advantage of Market Dips

Bitcoin's supply on exchanges has now dropped to its lowest level since December, 2021 (~942K coins). Meanwhile, Ethereum and Tether are moving back on. Historically, there is less drop-off risk for all of crypto while $BTC 's available supply to be sold is limited. pic.twitter.com/vGv0q6esxx

— Santiment (@santimentfeed) June 13, 2024

According to on-chain data analysis provided by Santiment, Bitcoin’s supply on exchanges has dropped to multi-year lows of about 942k coins. This notable decline has coincided with increased regulatory clarity around the world, thus onboarding more institutional investors. 

For instance, Brazil’s largest bank, Itau Unibanco, launched crypto trading to all customers on Wednesday.

$BTC : Are whales still buying?“More than 20,000 #Bitcoin flow to whale wallets. It appears that the whales took advantage of yesterday’s correction in Bitcoin and accumulated additional quantities.” – By @abramchart Read more https://t.co/OAXOA5uBFz pic.twitter.com/KUDnP6BVyb

— CryptoQuant.com (@cryptoquant_com) June 12, 2024

Meanwhile, CryptoQuant’s data revealed that more than 20k Bitcoins moved to addresses associated with crypto whales in the past few days following heightened volatility.

The prospects of United States interest rate cuts later this year, fueled by upcoming elections and similar moves by the European Central Bank (ECB) and Bank of Canada, have increased overall crypto-bullish sentiments.

Midterm Price Targets

$BTC Descending Broadening Wedge on the Daily Timeframe Chart is Still in Play.Bitcoin bulls need to clear the $71.3k Resistance to confirm the breakout.Once the wedge breakout happens, the bulls' party will start. #Crypto #Bitcoin #BTC pic.twitter.com/uqsQGVcEaH

— Captain Faibik (@CryptoFaibik) June 13, 2024

Bitcoin’s price has ranged below $72k and above $61k in the past four months without a clear breakout. According to a popular crypto analyst alias Captain Faibik, the price must consistently close above $72k to secure a rally toward $90k in the near term.

The post Shiba Inu (SHIB) Bull Run To Begin Soon: Legendary Trader Reveals Exact Timeline appeared first on Coinpedia Fintech News

Shiba Inu (SHIB), often called the “Dogecoin Killer,” has undergone a remarkable transformation from being a memecoin crypto to a serious contender in the digital asset space.

Amidst recent market fluctuations, Legendary Crypto trader Coach K Crypto has shared a timeline on when Shiba Inu might see a full bull market citing historical data to make his predictions more reliable. 

Shiba Inu’s Market Performance

In the face of a recent market dip, Shiba Inu’s price briefly drops to $0.00002080 before recovering slightly to $0.00002167 within the last 24 hours. 

This dip comes on the heels of a significant surge earlier this year, during which SHIB skyrocketed by over 372% from February 25th to March 6th, achieving a new yearly high above $0.000047. However, the following correction saw SHIB losing much of these gains, though it has managed to stay above its pre-rally levels.

Shiba Inu ($SHIB ) launched July 31st in 2020.@Shibtoken went up then simmered down for a few months before ripping from September to April or so.We're at the exact timing, summer before the real BULL! Touch Grass, spend time with loved ones. FULL BULL IS COMING SOON!!! pic.twitter.com/k3G0iBmbSw

— Coach K Crypto (@Coachkcrypto) June 11, 2024

Beginning of Real Bull Season

Coach K Crypto has noted similarities between SHIB’s current movement and its past price movements. When SHIB first launched on July 31, 2020, it experienced periodic surges, reaching a peak of $0.00003532 in early May 2021.

However, this was followed by a significant correction, with SHIB plunging 80% to $0.00000698 by May 22nd, 2021. After this sharp decline, SHIB remained in a bearish phase for several months, facing challenges in surpassing resistance levels. 

After months of struggle, SHIB showed signs of improvement in late September 2021, clashing with the 2021 bull run’s second phase. This led SHIB to reach an all-time high of $0.00008845 in October 2021.Meanwhile, Coach K Crypto believes SHIB might repeat this pattern in the current bull run, expecting a potential “real bull” season after summer.

Shiba Inu Price Forecasts

While specific price targets are not set, analysts project a wide range of scenarios for SHIB’s future price movements. For July, estimates range from a minimum of $0.0000128 to a maximum of $0.0000581, with a potential ROI of 152.6%. 

Looking ahead to October, experts anticipate SHIB’s price to peak at $0.0000721, with a potential ROI of 213.5%. Peeking further into the future, analysts foresee SHIB maintaining its momentum in 2025, with price expectations ranging from $0.000241 to $0.00053.

The post Will The AI Token FET Price Reach $5 This Month? appeared first on Coinpedia Fintech News

With the Bitcoin price taking a bullish reversal, the AI tokens are quick to bounce with the additional demand in the market. Amidst this recovery, the FET price shows a bullish reversal that is ready to take off from a critical support level. 

Will the bullish reversal in the Fetch.AI token surpass the overhead resistance trendline this week? Find out more in our price analysis below to find out if this is the best time to invest in the FET token at this price.

Fetch.AI (FET) Price Performance

With a $1.378 Billion market cap, the Fetch.AI token ranks at #64 in the crypto world. Further, it showcases a 22% drop in the last 30 days during the pullback phase.

TradingView

In the daily chart, the FET price action reveals a pullback trend, leading to a falling channel pattern. The bearish trend in the AI token falls under the $2 psychological mark and the 200D EMA with a downtick in the 50D EMA. Hence, the EMAs warn of a death cross in the daily chart. 

Currently, the AI token trades at $1.63 with an intraday drop of 4.62% piercing into the 11.64% jump last night. Further, the last night forms a bullish engulfing candle from the support trendline. This peaks the possibility of a bullish reversal within the falling channel pattern. 

Further, the MACD and signal lines in the daily chart prepare a bullish crossover bolstering the upcycle in the FET token price.

A bullish reversal within the pullback channel can result in a jump to the overhead resistance trendline. Hence the bull cycle can pump the FET price to the $2.5 mark. 

Optimistically, the price reversal can result in a breakout rally to test the all time high close to $3.50. 

Conversely, a bearish continuation can dump AI token under the $1.50 mark and the support trendline. 

The post Bitcoin Hits $71,000: The Bull Market’s Potential Influence on Key Industries appeared first on Coinpedia Fintech News

Bitcoin has hit a new high again, surpassing $71,000. This surge has excited crypto fans and investors alike. Analysts are predicting a bull market this upcoming summer. This means more growth might be on the way. With many investors jumping on board, many industry professionals are scratching their heads. This growth in popularity is igniting change in various industries. Let’s look at how this rise in Bitcoin could change different industries and in turn, our lives.

Financial Services

The financial industry is always impacted by changes in Bitcoin’s value. Banks and investment firms may start offering more crypto-related services. More people might invest in Bitcoin, seeing it as a valuable asset. This can lead to new financial products and services, including Bitcoin savings accounts and loans.

Technology

Tech companies have been at the forefront of the crypto revolution. Companies that develop blockchain technology will likely see more demand. BTC’s rise can lead to more investment in these technologies. This could speed up the adoption of blockchain in various sectors, making transactions faster and more secure.

iGaming and Gambling

The iGaming and gambling industry is already feeling the effects. Bitcoin offers fast and anonymous transactions, which is a big plus for online casinos. According to TopCasinoSearch‘s experts, the influence of Bitcoin is growing. More casinos are accepting BTC as a payment method. This trend is likely to continue as the bull market progresses.

Retail

Retailers might also benefit from Bitcoin’s rise. Some big brands are already accepting Bitcoin payments. With the increase in BTC’s value, more retailers may join in. This gives customers more payment options and can attract tech-savvy shoppers.

Real Estate

Real estate is another sector that could see changes. Some companies already accept Bitcoin for property purchases. As Bitcoin’s value rises, more real estate deals might be done using cryptocurrency. This can make transactions quicker and less costly.

Conclusion

BTC hitting $71,000 is a significant event. The predicted bull market could have wide-ranging effects on various industries. Financial services, technology, iGaming, retail, and real estate are just a few sectors that might be influenced. As Bitcoin continues to grow, its impact will likely be felt even more broadly. Keep an eye on these trends to see how this digital currency shapes the future.

The post Injective Displaying Strength: Is the Retracement Over? Will INJ Price Hit $50 This Month? appeared first on Coinpedia Fintech News

Injective has been one of the top performers in the past few days, recording massive gains with a robust increase of nearly 40% since the start of the month. The platform recorded new milestones of nearly 700 million on-chain transactions and 1 billion transactions in 2024. Upon this, the INJ Burn auction marked new highs of over 6 million tokens in just a few hours, which is expected to be one of the bullish indicators for the token. Therefore, the INJ price is expected to have a huge impact and keep up the bullish trend. 

After reaching an all-time high (ATH) of $53.01, the INJ price experienced a significant sell-off, filling the Fair Gap Value (FVG) on the daily timeframe and touching a low of $18.70 before quickly bouncing back. Currently, the price is trading within a range of $21.34 to $29, facing multiple rejections around $29. Despite the rejections, INJ is displaying strength and is forming consecutive higher highs and lows. 

Therefore, if the Injective price manages to break out of the range, then it may potentially surge towards the next resistance close to $35. 

The INJ price broke above the falling wedge and triggered a 40% rise, but before surpassing one of the key resistances, the token initiated a retracement. However, the price remains within the bullish range as the levels hold above the 50-day MA but below the 200-day MA. Besides, the Ichimoku cloud continues to remain bullish, regardless of the mounting bearish pressures. However, the volume has risen to a large extent, suggesting a huge rise in trading activity, which may increase the volatility of the token.

In the coming days, a golden cross may form as the 50-day MA, which is currently providing strong support, rises higher and reaches the 200-day moving average. Therefore, a rise beyond the 200-MA at $32.05 may trigger a fresh upswing, which may be validated after securing the levels above $35.9. Once the bulls manage to sustain above these levels and enter the crucial resistance between $42.51 and $43.84, a rise beyond $50 could be imminent. Until then, the Injective (INJ) price may maintain an ascending consolidation. 

The post Is PEPE Coin the Flagbearer for Emerging Frog Coins? Analyst lists altcoins that will explode appeared first on Coinpedia Fintech News

Analyst Mathhew Perry recently talked about lesser-known “frog coins” outside the top cryptocurrencies. He explained the growing interest in meme coins, including dog-like and cat coins, and noted the emergence of frog coins as a new sector. Talking about the potential of early-stage projects, he aimed to explore opportunities beyond the top 100 or 200 coins, suggesting they could yield good returns. Here are the list of potential altcoins that could explode:

Frog Coin 1: Croak 

He brought to attention a specific project called Croak, which currently trades at about 0.14 cents per token. Despite a recent small drop, it has shown growth from its lows in the last day. Croak has a market cap of $2.85 million with 2 billion coins in circulation and around $500,000 in liquidity, making it relatively secure for its size. The analyst spoke about the potential for projects like Croak to grow significantly with increased trading volume, possibly reaching market caps of 3 million, 4 million, or even 10 million dollars.

Frog Coin 2: Peipei

The analyst then shifted to discussing another project, recently covered, which is Peipei. He expressed their pleasant surprise at its performance, noting it has shown a 3% increase today with an $81.7 million market cap and $14.8 million in daily trading volume. He spoke about the growing popularity and liquidity of Paye, expecting further traction as it gains more exchange listings and community support.

Frog Coin 3: Bome

Moving on to another project, Bome, with a higher market cap of $735 million, the analyst pointed out recent price declines as a potential buying opportunity. He highlighted its substantial trading volume of $24 million, indicating strong market interest and liquidity. The analyst expressed confidence in Bome’s potential for growth, noting its availability on multiple major exchanges and numerous trading pairs.

Frog Coin 4: Pepe

Lastly, the analyst touched upon Pepe, a well-known meme coin, currently having a market cap of $5.7 billion. He confidently predicted major future growth potential for Pepe, anticipating it could reach as high as a $42 billion market cap or even higher during the upcoming altcoin season.

The post 5 Top ICOs to Add To Your Investment Basket In 2024  appeared first on Coinpedia Fintech News

Big brands in cryptocurrencies like Bitcoin and Ethereum are stuck in neutral right now, which means the whole market is doing a little slow. However, some experts think this calm period (accumulation phase) is a waiting game before things take off (parabolic move) like a rocket. That’s why it might be a good time to invest in new crypto projects called Initial Coin Offerings (ICOs) before the market explodes. These ICOs are altcoins that carry great potential to disrupt the market.

This article is like a shopping list for these ICOs! It gives you 5 of the hottest new crypto projects to consider for your investments in 2024. These aren’t just some random coins – they’re expected to be big players in their fields, bringing cool new ideas, big growth potential, and strong foundations to the crypto world. They could be your ticket to big returns!

Top 5 ICOs for 10x Return in 2024

In 2024, several ICOs stand out as promising opportunities for seasoned and new investors.

5thScape (5SCAPE)

DarkLume (DLUME)

Tron (TRX)

Chainlink (LINK)

Dogeverse

1. 5thScape (5SCAPE)

5thScape is making waves in the VR gaming and cryptocurrency sectors with its innovative approach to integrating AAA VR gaming and blockchain technology. The ICO has already raised $6 million in funding and over $2.6 million during its presale, reflecting significant investor interest and confidence. The 5SCAPE token, with a fixed supply of 5.21 billion, is priced at $0.00248 in the presale and is expected to list at $0.01 on exchanges, offering a substantial potential upside​​.

The project aims to develop a comprehensive VR ecosystem that uses the 5SCAPE token to power a decentralized creator marketplace, a library of games, and proprietary VR hardware.

Check The Official Website of 5thScape here…!!!

2. DarkLume (DLUME)

DarkLume stands out with its super luxurious metaverse. The project emphasizes anonymous and secure transactions, attracting users who are concerned about privacy to embrace their deepest fantasies through VR. DarkLume‘s presale generates buzz due to its unique value proposition and innovative technology, making it a promising addition to any investment portfolio.

Visit DarkLume VR

3. Tron (TRX)

Tron continues to be a leading name in the blockchain space, and it is known for its robust infrastructure for decentralized applications (dApps). Its focus on improving the scalability and speed of blockchain networks makes Tron an attractive option for investors looking for a reliable and established project. The ongoing developments and strategic partnerships further enhance its potential.

4. Chainlink (LINK)

Chainlink is a decentralized oracle network that provides real-world data to smart contracts on the blockchain. It plays a crucial role in enhancing the functionality and applicability of smart contracts, making it a key player in the blockchain ecosystem. With its extensive network and continuous integration into various blockchain platforms, Chainlink remains a strong contender for long-term investment.

5. Dogeverse (DOGE)

Dogeverse brings a playful yet ambitious approach to the crypto space, building on the popularity of Dogecoin. It aims to create an expansive virtual universe where users can engage in various activities and transactions using the DOGE token. The project’s unique blend of entertainment and practical utility and its growing community make Dogeverse a noteworthy addition to the investment basket.

By diversifying across these promising ICOs, investors can maximize their returns while engaging with some of the most innovative projects in the blockchain and cryptocurrency space.

A word for your Wallet

The cryptocurrency market might be experiencing a lull, but experts predict a significant upswing soon. This presents a golden opportunity for investors to position themselves for substantial gains by strategically investing in promising Initial Coin Offerings (ICOs).

This article highlighted 5thScape (5SCAPE) as a particularly attractive ICO with its blend of innovation, potential growth, and robust fundamentals. The project’s focus on integrating AAA VR gaming and blockchain technology positions it at the forefront of a rapidly growing market. The substantial presale funding and fixed token supply further indicate strong investor confidence.

While 5thScape is a standout option, diversifying across the other mentioned ICOs – DarkLume (DLUME), Tron (TRX), Chainlink (LINK), and Dogeverse (DOGE) – can offer a well-rounded portfolio exposure to various promising sectors within the cryptocurrency space.

The post Bitcoin Price Prediction 2024, 2025 By Mathematician Krueger appeared first on Coinpedia Fintech News

Bitcoin could hit $400,000 by the end of this year and soar to $600,000 by the end of 2025, according to Fred Krueger, an acclaimed investor-cum-entreprenuer with a PhD in Mathematics from Stanford. Krueger’s bold predictions are based on the Bitcoin power law model and significant Bitcoin ETF flows. 

The Power Law Model and Bitcoin ETF Flows Explained 

Fred Krueger, who has extensive experience on Wall Street, has gone all in on Bitcoin. Using his mathematics background, he identified that Bitcoin is following a power law, a rare statistical pattern. Krueger believes that this power law, combined with the substantial inflows into Bitcoin ETFs, could trigger a blow-off move in Bitcoin’s price. 

Significant Bitcoin ETF Inflows Identified

Analysing the Total Bitcoin Spot ETF Net Inflow reveals significant trends. 

At the beginning of 2024, the average inflow was around $190 million, with Bitcoin priced at approximately $40,000. By mid-March, inflows reached $1.04 billion, driving Bitcoin’s price to a peak of around $73,000. Earlier this month, the inflow touched $886.6 million, with Bitcoin priced around $70,580.  

Krueger’s Predictions: A Short Analysis 

Krueger’s predictions are based on these inflows and the power law model. He suggests that if the current trends continue, Bitcoin could reach $400,000 by the end of this year. Extending this trend to the end of 2025, Krueger believes Bictoin could hit $600,000. 

These projections represent a blow-out move, but Krueger is confident in his analysis His extensive Wall Street experience and mathematical insight lend credibility to his predictions. 

Stay tuned to Coinpedia for more updates on this.

The post XRP Price Prediction 2024 – Pepe’s Momentum Dips; RECQ Explodes, Becoming a Top Choice appeared first on Coinpedia Fintech News

XRP aims for $1 in the year’s second half despite underwhelming performance.

Pepe takes a breather following jaw-dropping rallies.

Rebel Satoshi Arcade appeals to investors and enthusiasts thanks to its convergence with memes, GameFi and NFTs.

The crypto market has been a whirlwind of highs and lows, with prices fluctuating like unstable weather. Nevertheless, there have been exciting developments: the recent migration of PayPal USD to Solana and the approval of ETH ETFs by the SEC. With the second half of the year promising even more gains, Ripple (XRP) is one of the altcoins to watch out for. Meanwhile, Pepe’s (PEPE) momentum declined following its significant price surge—a much-needed breather.

Also riding the market’s bullish wave is Rebel Satoshi Arcade (RECQ), which is skyrocketing in presale. Its performance has been nothing short of remarkable, soaring past most new ICOs. As it prepares to explode after its market debut, it is quickly becoming an investor favorite.

Rebel Satoshi Arcade (RECQ): An Investor’s Top Choice

Rebel Satoshi Arcade (RECQ) is a top ICO, standing out for several reasons in the investment town. As an emerging altcoin, it boasts more potential than established cryptos like XRP and Pepe, making it a top choice among investors.

At the same time, it represents the best of the worlds of NFTs, GameFi and memes, contributing immensely to its appeal. Standing at the crossroads between the hottest crypto trends, its outlook couldn’t be more bullish. In the second stage of the ICO, a token costs only $0.0044, with experts suggesting a 50x rally post-launch.

Further, the community-driven ecosystem makes it stand out even more. It will include an NFT marketplace, a merchandise store and, most importantly, an arcade of thrilling games—a gamer paradise. There will be something for every gamer, from free-to-play (F2) to pay-to-play (P2P) and play-to-earn (P2E) battles and classic games.

Ripple (XRP): Bullish Outlook

Ripple (XRP), one of the top altcoins, has been in a year-long slump. Despite the approval of spot BTC ETFs in January, it has been largely underwhelming—crawling while most altcoins flew. However, with its long-running legal battle with the US SEC fast approaching its end, its outlook is less gloomy.

Analysts anticipate a rally past $1.00 in the second half of the year, making XRP a promising wave not to miss out on. Crossing this psychological level will no doubt boost investors’ confidence, pushing it closer to it’s all-time high (ATH) of $3.84.

At the same time, its long-running legal standoff with Wall Street’s top guy coming to an end will pave the way for an ETF. With Ethereum marking a historic feat following the green light from the SEC, XRP is on the list of altcoins to be wrapped in an exchange-traded fund.

Pepe (PEPE): Momentum Takes a Dip

Pepe (PEPE), one of the leading ETH memecoins, sparked excitement with its jaw-dropping performance in May. It saw significant gains, riding the wave of excitement around the Ethereum blockchain and sparking a wave of Pepe copycat memecoins.

Its remarkable run—the several Pepe ATHs—remains fresh in the minds of many. However, there has been a dip in momentum as investors took profit. Additionally, the overall market dip has also played a part in its recent downturn, not to mention the intense competition from president memecoins and celebrity memecoins.

Nevertheless, the outlook for the rest of the years remains bullish, positioning Pepe as an altcoin worth HODLing. Its low price—and budget-friendliness—further add to its appeal as a retail favourite.

Conclusion

Despite its underwhelming performance this year, XRP’s outlook in the year’s second half is promising. Meanwhile, Pepe trades on the downside amid profit-taking and the overall market’s downturn, while Rebel Satoshi Arcade explodes in presale.

For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.

The post Uniswap Price Prediction: Will UNI Price Reversal March To $13?  appeared first on Coinpedia Fintech News

With the short-term broader market recovery, the UNI token price shows an intraday reversal that could lead to a bigger trend reversal. As the hopes of a domino effect for a bull run in the coming weeks, the sideline traders anticipate a breakout. 

Will the short-term reversal and the potential market recovery ignite a massive price jump in Uniswap? So, will the UNI price prediction of $25 in 2024 hold true?

UNI Price Performance

Tradingview

With the jump of 12.23%, the UNI price trend shows an overnight reversal, revealing a sudden surge in inflow. Currently, the altcoin trades at $9.841 with an intraday pullback of 2.19%. 

In the daily chart, the Uniswap price sustains above the 50D EMA but loses the $10 psychological mark. Further, the bullish engulfing candle fails to overpower the 13.19% drop a day prior. 

In the weekly chart, Uniswap showcases a long-coming resistance trendline, keeping the bullish growth under check. Currently, the UNI price shows a potential morning star forming at the 50W EMA. 

This pattern is generally known for resulting in a bullish reversal and could increase the chances of a trendline breakout. 

Technical Indicators:

MACD indicator: The MACD and signal lines in the weekly chart are preparing for a bullish crossover, bolstering the breakout chances. 

EMA: The bullish trend in the 50D and 200D EMA sustains the positive outlook for the altcoin and continues to provide dynamic support.

Will Uniswap Cross Above $13?

As per the Fibonacci levels, the Uniswap struggles to reach the 23.60% level at $13. Hence, the recovery rally must surpass the trendline and the Fibonacci level to ensure a long-term uptrend. Upon breakout, the rise in demand with a trend reversal could pump the UNI price to reach $23.23 or the 50% Fibonacci level. 

Conversely, if the price drops, then a retest of $7.921 is possible. 

The post Notcoin Price Jumps 14% Overnight! NOT Price To Surge 100% This June? appeared first on Coinpedia Fintech News

After trading under a strong bearish sentiment for a brief period, Notcoin has successfully regained momentum amid a bullish reversal in the cross-border financial system. Furthermore, with the increasingly positive sentiment, the altcoin is on the verge of testing its important resistance level.

With the recent price pump questions like “Will Notcoin hit $0.01?” and “Is it worth buying Notcoin crypto?” recorded a surge in search volume. Planning on investing in this altcoin for the upcoming bull rally? In this article, we have covered the short-term prospects, price analysis, and targets of Notcoin (NOT).

Notcoin Price On The Verge Of A Breakout:

The NOT price has recorded a correction of 18.15% over the past week, however, the altcoin has regained momentum and has recorded a surge of 64.46% in its trading volume with a jump of 13.71% in valuation within the past 24 hours.

Moreover, the altcoin has jumped 26.98% within the past 30 days, indicating a long-term bullish influence for the Notcoin crypto in the market.

TradingView: NOT/USDT

With a trading price of $0.01810, a total supply of 102,701,033,769 NOT tokens, and a market cap of $1.884 Billion, the Notcoin has secured the 51st spot in the global crypto-list in terms of market capitalization.

The Simple Moving Average (SMA) constantly supports the price chart in the 1D time frame, suggesting increasing bullish sentiment for the altcoin in the cryptocurrency market.

The technical indicator, MACD, displays a constant rise in the green histogram, indicating an increase in the buying pressure within the crypto space. Moreover, the averages show a bullish pattern, suggesting the price will continue gaining value in the coming time.

Will NOT Coin Price Rise Back Up?

If the market pushes the Notcoin price above the resistance level of $0.01910, the bulls will regain momentum and prepare to test its resistance level of $0.02475. Maintaining the price at that level will set the stage for NOT crypto to attempt to retest its upper resistance level of $0.02945.

Negatively, if the bears overpowered the bulls, the price would lose momentum and prepare to test its crucial support level of $0.01340. Furthermore, if the bears continue to dominate the market, Bitcoin will plunge further and prepare to test its lower support level of $0.00860.

The post Solana vs Ethereum-Based Memecoins: Who Takes Top Spot? appeared first on Coinpedia Fintech News

Solana and Ethereum are the two biggest blockchains chosen for the creation of memecoins, and as a result have seen rivalry within the industry, with many choosing one network over the other. However, the savviest investors take the best meme coins of both of these networks and create a diversified portfolio, and today, we will go over the on-chart performance behind GameStop (GME), Shiba Inu (SHIB), JasmyCoin (JASMY) and Angry Pepe Fork (APORK) to see which crypto can climb the most in 2024. 

GameStop Crypto Climbs 25% and Is Bullish on the Solana Blockchain

GameStop (GME) is a Solana-based memecoin that has risen 25% within the span of a single week. Moreover, the GameStop price has gone up during the past week by 25%, where it peaked at $0.030, marking a major bullish momentum.

In the meantime, the GameStop crypto has also displayed positive RSI data, and at this rate, it is poised to see far greater gains during the year. According to the GameStop price prediction, it can end 2024 at $0.0592. 

Shiba Inu (SHIB): One of the Largest Ethereum-Based Projects

Shiba Inu (SHIB) has seen its ecosystem flourish with recent developments, including the listing of K9 Finance’s KNINE token on the Asian exchange WEEX. This partnership paves the way for Shibarium integration, a potential boon for the SHIBARMY community, and will establish additional use cases for the Shiba Inu crypto.

In addition, the Shiba Inu price did experience a decline, but despite this, the bullish MACD indicator suggests a potential rebound. Based on the Shiba Inu price prediction, it can end 2024 at $0.000038.

JasmyCoin (JASMY): An Ethereum Powerhouse Memecoin

JasmyCoin (JASMY) is a well-known Ethereum-based memecoin that gained a reputation due to its rapid price increases historically. Specifically, just within a week, the JasmyCoin price is up 35%. 

In addition, during the past week, the JasmyCoin crypto increased to $0.04424, which marked its largest increase as of recently. Given that its RSI and MACD are both bullish, and sentiment on its future is positive, according to the JasmyCoin price prediction, it can end 2024 at $0.0592. 

Angry Pepe Fork (APORK) Is an Upcoming Solana-Based Memecoin With 100x ROI Potential

Angry Pepe Fork (APORK) disrupts the meme coin landscape by introducing a gamified “Conquer to Earn” program. This innovative approach transcends the passive token-holding approach that other competing projects implement. Moreover, APORK transforms this ownership into an active value-generation process through a unique staking system with flexible durations, including 30 days, 60 days and 90 days, which caters towards diverse risk tolerances. 

Moreover, APORK boasts a low entry price of $0.014, presenting an attractive diversification opportunity. Unlike its inflationary meme coin brethren, APORK implements a capped supply of 1.9 billion tokens, ensuring long-term value appreciation. 

The high-performance Solana blockchain underpins APORK, facilitating rapid and cost-effective transactions, further solidifying its position as a compelling alternative to purely speculative meme coins. As a result of all of this, it is poised to become a dominant force in the meme coin market, as analysts project a 100x price increase following its launch and major exchange listings, making it one of the best meme coins to buy now.

Moving Forward WIth the Best Memecoins

While GameStop, Shiba Inu and JasmyCoin have all experienced monumental rises in value and have historically showcased prowess as meme coins, the most significant growth can be made with Angry Pepe Pork as it introduces a unique Conquer to Earn model which helps it differentiate itself from the others. Alongside this, the potential of 100x growth following its launch on major exchanges solidifies its position as a prime investment opportunity within the meme coin sphere.

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Visit Angry Pepe Fork Presale

The post CRV Token Drops Over 34% After Curve.fi Founder Liquidation New Broke appeared first on Coinpedia Fintech News

CRV, the native token of Curve.fi, is one of the biggest losers in the crypto market crash. The token’s value plummeted by over 34% after news broke that Curve.fi founder Michael Egorov was being liquidated. This drastic price drop and the news of its founder’s liquidation have raised doubt and fear among investors about CRV’s development and ongoing projects.

At its lowest point, CRV dipped below $0.236 on Thursday, showcasing the severe impact of the market crash. The token has since rebounded slightly, settling at $0.261.

The $CRV price dropped up to 34% (3H) after the news of the #Curvefi founder (Michale Egorov) being liquidated broke out!Here are the on-chain highlights 1. Michale Egorov (@newmichwill) currently has 139M $CRV ($37M) in collateral and $27M in debt across 3… pic.twitter.com/tJLtmLUqLo

— Spot On Chain (@spotonchain) June 13, 2024

Founder’s Liquidation Sparks Panic

According to Spot On Chain, a blockchain analytical platform, news of Michael Egorov’s liquidation has been a major factor in CRV’s sharp decline. Egorov currently holds 139 million CRV tokens, valued at approximately $37 million, as collateral. 

His debt, totaling $27 million across three platforms and wallets, has added significant financial strain. This has increased pressure on the CRV token, pushing its value further down.

This isn’t the first time when the news of the Curve founder’s liquidation has come up. On April 14, Wu Blockchain reported that Curve founder Michael Egorov faced liquidation when the CRV token dipped to $0.42.  This event brought Egorov close to liquidating 371 million CRV (approximately $156 million) used as collateral for stablecoin loans.

Curve founder Michael Egorov also faced liquidation of his lending positions as CRV fell to $0.42. Michael mortgaged a total of 371m CRV (approximately $156 million) through 5 addresses on 6 lending platforms to borrow $92.54m in stablecoins. The health rate has dropped to around…

— Wu Blockchain (@WuBlockchain) April 14, 2024

In total, nearly $128 million worth of crypto collateral has been liquidated on DeFi lending platforms. Notably, more than $24 million has been liquidated on Aave alone

Whale Movements in Response

In response to the news, significant on-chain movements have been observed. An unknown whale with a wallet address of i0xF07 recently deposited 29.62 million CRV tokens, worth $7.68 million, to Binance. 

This move is believed to be due to the liquidation of Fraxlend, showing the broader market impact of Egorov’s liquidation.

Ray Of Hope

On the other hand, Binance has easily integrated Curve Finance’s token, CRV, into Arbitrum One and Optimism. This way, Binance aims to provide its users with faster and cheaper transactions critical in the constantly evolving DeFi space by employing the features supplied by Arbitrum One and Optimism.

Binance Completes Integrations of Curve (CRV) on Arbitrum One and Optimism Networks, Opens Deposits and Withdrawals https://t.co/jxIS1OjYMy

— Curve Finance (@CurveFinance) June 12, 2024

The post BabyDoge Announces Expansion to Solana, Yet Both Cryptos Plunge. What’s Behind Raboo’s Rise? appeared first on Coinpedia Fintech News

The meme coin market, once dismissed as a fad, is now making waves with its innovative approaches. BabyDoge’s recent expansion to Solana exemplifies this trend, but a surprising market downturn begs the question – is the party over for meme coins? Not quite. Raboo has risen 60% during its presale, which is currently in full swing, and is expected to be the next crypto moonshot with 100x returns this year.

Read on to find out more about the best crypto to buy now!

BabyDoge blasts off to Solana, but it’s 10% down

BabyDoge announces a successful proposal for expansion onto the Solana blockchain. This is a significant development for BabyDoge users, as Solana boasts advantages over its current networks. Solana is known for its blazing-fast transaction speeds and significantly lower fees, which could streamline BabyDoge transactions and potentially attract a wider user base.

While the BabyDoge expansion is positive news, it’s important to note the recent decline in cryptocurrency prices across the board, including BabyDoge. This drop is more likely attributable to broader market forces and not necessarily a reaction to the Solana move.

At press time, BabyDoge has shed about 7.85% of its value in the past week. 

Solana price prediction: SOL takes the DEX crown; could it reach $200?

At press time, Solana has a similar performance to BabyDoge – namely, it is about 11% down in the past week. 

But, despite the sluggish price performance, Solana made the news. Recently, Solana has taken the lead in DEX volume, surpassing both Ethereum and BNB Chain combined. This could indicate a growing preference for Solana’s faster transaction speeds and lower fees for DeFi applications.

Additionally, the Solana network recently implemented measures to combat a specific type of attack known as “validator sandwich attacks.” These attacks exploit vulnerabilities in the validation process to manipulate transaction fees. This crackdown demonstrates Solana’s commitment to network security and stability. 

Currently priced at $152.49, analysts’ Solana price prediction suggests it could reach up to $200 this year, and some believe that a Solana ETF may be on the radar if Donald Trump wins the presidency, which could send SOL to the moon.

Raboo surges 60% in presale – The best crypto to buy now?

Raboo is taking the crypto world by storm with its electrifying blend of social media muscle and artificial intelligence. It’s a community-powered playground where users can unleash their inner meme lord, win meme-generating contests, and get rewarded for their social media hustle with a groundbreaking post-to-earn model.

Hailed as a potential top crypto of 2024, Raboo is turning heads with predictions of explosive returns for early adopters. Its presale has already generated a wave of momentum, with estimates suggesting a potential 233% pre-launch boost and a mind-blowing 100x surge after launch. This positions Raboo as a serious contender against established AI players like Render and Bittensor.

Furthermore, Raboo throws NFTs into the mix, capitalizing on a red-hot trend. This integration attracts NFT collectors and expands Raboo’s user base even further. At the same time, Raboo understands the importance of long-term value. Staking options and a token-burning mechanism incentivize holding, ensuring stability and rewarding loyal investors. 

The phenomenal presale surge has ignited a buzz, drawing a swarm of early investors. As Raboo progresses, this momentum is likely to snowball, with investors eager to lock in those potential mega-gains.

Summary

In conclusion, while BabyDoge’s expansion to Solana faced challenges, Raboo’s innovative approach combining AI technology and community engagement has driven its rapid rise. Raboo’s unique post-to-earn feature, meme-generating contests, and promising presale returns have captivated both investors and meme enthusiasts.

As Raboo continues to build its ecosystem with staking, token burning, and an upcoming NFT collection, it is poised to grow 100x this year. 

You can participate in the Raboo presale here.

Telegram: https://t.me/RabootokenPortal

Twitter: https://twitter.com/Raboo_Official

The post Bulls Vs Bears: XRP Price Targets $5 and $12 levels, Pending Clearance of These Challenges appeared first on Coinpedia Fintech News

Analyst Cheeky Crypto turned his attention towards Ripple’s XRP and despite current price challenges, he said that the future prospects for XRP look very promising. He thinks resolving the SEC lawsuit could be a big factor in pushing XRP higher in the future. Here is a detailed breakdown of the price analysis by the analyst: 

Price Breakdown: XRP recently experienced a price drop, which wasn’t surprising as it was finding support on the 50-day exponential moving average and 50-day simple moving average. The price recently dipped to around 40.8 cents, still higher than the previous swing low of 41.88 cents.

What is the Bullish Case?: A rebound above 57.115 cents could indicate a bullish trend.

But what is the Bearish Case?: There’s concern about further price drops. According to Elliott Wave Theory, a fifth wave down is possible unless the price rallies above 50.8 cents.

Market Sentiment: Bears are expecting further declines, while bulls aim to invalidate this by pushing the price above 50.8 cents, potentially triggering a liquidation event for short sellers. The price could move between 46 cents and 41.88 cents, but a major drop isn’t necessarily expected. 

The analyst said that before XRP can see big price increases, it might drop further to between 33 and 46 cents. Despite this, he sees these drops as good opportunities to buy more at lower prices. Looking ahead, he believes XRP could eventually reach between $5.59 and $12.60. However, reaching these goals will face challenges, especially around key price levels like $1.80 and $2.31, where selling pressure could be strong. 

Could these catalysts push the price higher?

Recent developments include Ripple’s aggressive expansion in the Asia Pacific region, particularly through partnerships in Japan and Singapore, aimed at enhancing XRP’s utility in cross-border payments.

Additionally, Ripple has made strides in the healthcare sector by integrating blockchain technology to innovate medical data management. This initiative not only diversifies XRP’s use cases but also positions it strongly in a multi-trillion dollar industry.