Markets

With only four days left until the US election, things are heating up on the campaign trail — and in the cryptocurrency market. The most recent polls show Donald Trump and Kamala Harris nearly neck-and-neck. This uncertainty has fuelled speculation, especially in prediction markets like the blockchain-based PolyMarket. Leading the charge in the election-boosted crypto market are Politifi meme coins. These tokens fuse cryptocurrency, memes, and politics to create tokens that...

In an announcement on Oct. 29, international credit giant Visa unveiled the partnership enabling real-time money movement between traditional banking and crypto services using the Visa Direct network. “This partnership adds convenience and new services for Coinbase customers across the US and EU, including real-time, reliable, and secure money movement,” it stated. Visa’s head of crypto, Cuy Sheffield, commented on the collaboration on Oct. 30. Excited for Visa to partner...

Ripple’s recent price action reflects a cautious market, with a temporary rebound from the critical $0.5 support zone toward the 200-day moving average. However, a rejection at this level could solidify the ongoing bearish trend. XRP Analysis By Shayan The Daily Chart On the daily chart, XRP faced renewed selling pressure after failing to sustain gains near the 200-day moving average at $0.57. This level has acted as a strong resistance, and a breakdown below the 200-day MA...

Bitcoin’s price seems to be on the verge of achieving a new all-time high in a massive rally leading up to the US Presidential elections. The price managed to get as high as $73,600, which is less than $200 away from a new peak. Source: TradingViewThis has caused considerable turmoil in the derivatives market, leaving over $110 million worth of short positions underwater. At the time of this writing, the price has now retraced below $73,000, trading at an increase of over...

Retail investors are piling back into meme coins – sending prices soaring. From DOGE to BRETT, the sector is seeing an explosive rally to end October on a high. Meanwhile, the new meme coin Pepe Unchained (PEPU) is making its own headlines, passing $23 million in ICO funding as traders rush to get involved early. Meme Coins Surge as Market Cap Hits $62.4B Meme coins are back, with the market turning green as their combined market cap jumped 9% to $62.4 billion. Trading...

Bitcoin is closing in on its March all-time high as the crypto market gets fired up about next week’s election. Traders are piling into BTC as Donald Trump, considered the more pro-crypto of the two candidates, looks to be leading in the polls. Meanwhile, new meme coin Crypto All-Stars is gaining traction at just the right time – with its ICO raising over $2.8 million. Bitcoin Eyes New All-Time High as Bulls Take Control Bitcoin’s (BTC) march higher continues, with the OG...

TL;DR Analysts anticipate a strong BTC rally, driven by bullish market signals and potential accumulation by large entities. On the other hand, high profitability among holders may suggest a short-term price correction. BTC Explosive Rally Incoming? The leading digital asset traded sideways over the past weekend, ranging from $66,500 to $67,500. However, the start of the new week offered a new resurgence, with BTC soaring well above $68,500. BTC Price, Source:...

It’s been a great start to the week for meme coin traders. Dogecoin and Popcat have seen sizable price spikes, while Crypto All-Stars continues to impress investors in presale. With these three projects showing bullish momentum, market participants believe a “meme coin season” could be about to kick off. Dogecoin Shows Strength with Growing Trading Volumes Dogecoin, the original meme coin, isn’t messing around this week. It has climbed to $0.148 in a rally that has caught the...

First Neiro on Ethereum (NEIRO) has jumped 16% since Saturday – ending its sideways consolidation. But can NEIRO keep rising, or is it just a temporary reprieve? Meanwhile, Flockerz (FLOCK) continues to gain momentum in its presale and looks well-positioned to explode once it hits exchanges. NEIRO Price Soars After Binance Pay Integration NEIRO has climbed to $0.0016, marking its highest price in five days after successfully defending key support at $0.0014 over the weekend....

While bitcoin demand among large investors is picking up as time passes, smaller market players are lagging. According to a CryptoQuant report, the holdings of retail bitcoin investors are growing at a historically slow pace, even as this cohort of players gradually returns to the market amid BTC’s ascent to the $70,000 level. Retail Investor Holdings Slowly Growing In the past 30 days, retail bitcoin holdings have increased by just 1,000 BTC. The total assets by this group...