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The post Ethereum Price Analysis: Can ETH Climb to $6,000 in the Coming Weeks? appeared first on Coinpedia Fintech News This month, the Ethereum market opened with a large red candlestick. By the third of October, it dropped to a low of $2,351.01. Currently, the market looks slightly bullish. On the fourth of October, buying pressure stepped in. The newly gained momentum is pushing the price upwards at this moment. Can this newly gained strength take the price to new heights? Certain technical analysis experts have made some positive remarks about the future prospects of the market. Eager to learn…

The post Ripple Vs SEC News: Key Questions Answered on Settlement Odds and Possible SEC Delays appeared first on Coinpedia Fintech News There is a possibility that Ripple and the SEC could reach a settlement in the next 14 days. This comes after the SEC filed a notice of appeal on October 2, 2024, challenging Judge Analisa Torres’s ruling that stated XRP is not a security when sold on public exchanges. The SEC’s notice of appeal suggests that they aim to overturn the July 2023 ruling. However, it doesn’t explicitly confirm this intention. Some speculate that Ripple may also consider…

In 2024, passive income opportunities have continued to expand the avenues through which to increase wealth without sinking too much time into it. From investments all the way to staking cryptocurrencies, there are so many ways one can make money while sleeping. The five simple yet intelligent passive income ideas which are  considered  the best platforms for staking cryptocurrency are listed below. .    Crypto Staking Among the hottest passive income generators, staking activities have grown in popularity, with returns competitions by various platforms.. It essentially means locking your cryptocurrencies in a blockchain utilizing a Proof of Stake consensus mechanism.…

The post Bitcoin’s Golden Cross Set to Spark Massive Rally as $10 Billion Short Squeeze Looms! appeared first on Coinpedia Fintech News Bitcoin is going through a big change as more investors decide to hold onto their assets, showing rising trust in its long-term value, even with market ups and downs. Therefore Bitcoin’s recent movements have put traders on high alert, as top analyst MartyParty warns of a $10 billion short squeeze that could push the crypto currency’s price to new levels.  $10 Billion In Short To Liquidate According to well-known crypto analyst MartyParty, Bitcoin’s current price levels suggest that…

The post MOODENG Token Surges 390% : Why It’s Gaining Traction in the Meme Coin Market appeared first on Coinpedia Fintech News Amid the mainstream adoption of meme coins from different blockchains – led by Solana (SOL), BNB Chain, Ethereum (ETH), and Toncoin (TON) among others – Moo Deng (MOODENG) has emerged as a top contender in the past few days. The small-cap meme coin, with a fully diluted valuation of about $88 million and a daily average traded volume of around $36 million, surged over 390 percent in the last 24 hours to trade about $0.00021 on Monday during…

The post Ethereum Price Today: Will ETH Price Rally Above $2,800 Despite Market Uncertainty? appeared first on Coinpedia Fintech News Amid the short-term uncertainty being experienced in the cryptocurrency space, Ethereum (ETH) price has been attempting to regain bullish sentiment. The tier one altcoin, with a fully diluted valuation of about $292 billion, has been forming a potential bullish reversal in the daily time.  Despite consistently closing below the 50 and 200-day Moving Averages (MA), Ether price has been forming a potential inverted head and shoulder (H&S) pattern coupled with a bullish divergence on the Relative Strength Index (RSI). According…

The post Tim Draper Predicts Bitcoin Price Will ‘Blow Past $250,000’, Blames SEC for Delayed Rallies appeared first on Coinpedia Fintech News As the current bull market progresses, major questions loom for Bitcoin and the broader crypto landscape. After an impressive surge in early 2023—driven by ETF buying and potential Fed rate cuts—Bitcoin reached new heights even before its next halving. With global liquidity on the rise as central banks increase money supply to service debt, many are asking: Will we see a blow-off top by 2025? What could Bitcoin’s price trajectory look like in this evolving market? In an…

The post FTX Bankruptcy Plan Approved: How Much Will Creditors Really Get Back?  appeared first on Coinpedia Fintech News The bankrupt crypto exchange, FTX has scored a major win in its recovery plan efforts. The U.S. Bankruptcy Judge John Dorsey approved its plan to repay creditors. The fallen exchange will use its recovered assets worth $16.5 billion for the repayment. FTX filed for bankruptcy two years ago and since then millions of investors were in confusion about the fate of their funds. As the court has given a green flag for the recovery plan, creditors are now looking for possibilities…

The post U.S. Government Set to Auction $4.4 Billion in Bitcoin After Major Legal Win! appeared first on Coinpedia Fintech News The U.S. Supreme Court has put an end to the legal battle over 69,370 Bitcoin that were seized from the Silk Road dark web marketplace. These BTC are worth around $4.4 billion. By refusing to accept the case, the Court opened the way for the U.S. government to sell these bitcoin. Let’s explore what happened and what to expect next. Battle Born’s Claim Falls Short The legal tussle centered around a claim from Battle Born Investments, a company that…

The post 71% of SUI Traders Go Short on Binance, Time to Sell? appeared first on Coinpedia Fintech News SUI has gained massive attention from the crypto enthusiast following an impressive 13% of price surge over the past 24 hours. However, traders have started betting more on short positions. Traders’ Eyes on Price Decline According to on-chain analytics firm Coinglass, 71% of traders on Binance are currently holding short positions as they believe that the SUI price could fall in the coming days. In Addition, currently, 29% of traders hold long positions.  Source: Coinglass This on-chain data suggests that the…