Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Why Is Bitcoin Price Stagnating? Investment Firm CEO Answers
The stagnation of the Bitcoin price despite the first rate cut by the US Federal Reserve since 2020 has perplexed many investors and traders within the market. In a new post on X, Andrew Kang, CEO of Mechanism Capital addressed the disproportionate emphasis that market participants have placed on Federal Reserve rate cuts and economic stimulus in China. Why Is Bitcoin Stagnating? Kang challenges the prevalent market belief that interest rate cuts by the Federal Reserve will significantly boost Bitcoin…
8 months ago
Breaking Boundaries: LBank Achieves “Leaps and Bounds” Growth in Q3
Singapore, Singapore, October 10th, 2024, Chainwire In a vibrant and competitive third quarter, LBank has successfully achieved its short-term goal of dynamic growth. From a million-dollar airdrop celebration for its anniversary to the meme festival at TOKEN2049 in Singapore, LBank is evolving in many ways. During Q3, LBank continued to expand its market share, surpassing 12 million registered users and daily trading volumes exceeding $2 billion, with a year-on-year increase of 16% in new user registrations. The platform introduced 66…
8 months ago
Best Wallet Unveils New Features To Find New Cryptocurrency Launches Before The Crowd
Best Wallet, a leading crypto and Web3 wallet brand, has launched its new ‘Upcoming Tokens’ feature - a major move to provide users with cutting-edge market alpha just ahead of the next crypto bull run. With new cryptocurrencies in extremely high demand, its users can now access the hottest presales and upcoming crypto launches in a single spot. The new feature is only one of the reasons for crypto natives to try out Best Wallet. This multi-chain, non-custodial wallet is…
8 months ago
This 5 New Altcoins Set to Rival Cardano and Solana: How These 5 Cryptos Could Explode by 2025
Emerging cryptocurrencies show promise to challenge established names like Cardano and Solana. As the crypto market evolves, five new altcoins are catching significant attention. They exhibit potential for substantial growth by 2025. This article explores these rising stars and their prospects. Curious readers will discover what makes these cryptocurrencies poised for success. CYBRO Presale Climbs Past $3 Million: A One-in-a-Million DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $3…
8 months ago
Only 4 Days Left Until BlockDAG’s Major Rebrand – Bitcoin and Cardano Enthusiasts Rush to Seize 50% More Coins
Bitcoin and Cardano's enthusiasts are optimistic that sustained positive sentiment will propel prices upward, with many anticipating a new all-time high for Bitcoin and favorable forecasts for Cardano (ADA). With the cryptocurrency market gaining momentum, BlockDAG emerges as a standout in the current landscape. As part of a layer-1 network, BlockDAG has captured significant attention through its presale, accumulating over $92 million and preparing for a significant rebrand. The use of the BDAG50 bonus code has only amplified excitement, promising a…
8 months ago
CYBRO Leads the Charge With 1200% Gains, Set to Outperform Cardano and Polygon in 2024
CYBRO is dominating the crypto market with astonishing growth, far surpassing other major players like Cardano and Polygon in 2024. The impressive 1200% surge has caught the attention of investors and enthusiasts alike. This article delves into which cryptocurrencies are poised for future growth, examining the factors that make them potential winners. CYBRO Defies Market Headwinds, Empowering DeFi Investments with Smart AI Solutions CYBRO is revolutionizing the DeFi landscape by harnessing the power of artificial intelligence to maximize earning potential…
8 months ago
Ethereum Trader Who Made $50 Million on MOODENG Predicts This $0.035 Token Will Surge 10,500%
A seasoned Ethereum trader, known for a massive $50 million profit on MOODENG, has locked eyes on a new under-the-radar token. Valued at just $0.035, this token is poised for an explosive 10,500% surge, according to his predictions. The article reveals the coin's identity and explores why it might be the next big thing in the crypto world. CYBRO Presale Achieves $3 Million Milestone: A One-in-a-Million Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token…
8 months ago
A Strategic Investment in These 3 Altcoins Now Could Soon Pay Off Handsomely
Gone are the days when Bitcoin ($BTC) and Ethereum ($ETH) were the only “socially accepted” cryptocurrencies to invest in. The crypto world underwent a remarkable transformation, revealing many alternative investment opportunities with potentially much higher yields than traditional options. Husky Inu ($HINU), a promising memecoin still in presale, Stellar ($XLM), and Cardano ($ADA) present prime buying opportunities for the savvy crypto investor. Altcoins: To The Moon! The cryptocurrency scene is often associated with amusing phrases such as “When Lambo?” or…
8 months ago
Asia’s Kaia Blockchain Launches On Mainnet Aiming To Connect Millions To Web 3 Services
Developed by two of Asia’s largest messaging apps, Kakao and LINE, Kaia’s mainnet launch signals a new opening for millions of users to Web 3 services. In an announcement this week, Kaia, a high-performance layer 1 blockchain aiming to bring innovative Web 3 services to users across Asia, confirmed the launch of its long-awaited mainnet. The mainnet launch coincides with the unveiling of the Kaia Wave Builder support program, designed by Kaia and LINE NEXT “to accelerate consumer adoption…
8 months ago