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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Bitcoin Reclaims $63,000 After US Fed Rate Cut, But Is This Rally For Real?
So far, Bitcoin has seen a mixture of bulls and bears just in the past day alone. Although bulls appear to be taking the lead given its current market performance, will this be sustainable? Before the US Federal Reserve announcement of the rate cuts, Bitcoin experienced a slight dip in its trading price. However, following the announcement, the leading crypto saw a sudden price surge, reclaiming the $60,000 mark. Bitcoin continues to show bullish strength, trading at $63,006, reflecting a…
9 months ago
Solana Active Addresses Hit 75 Million As SOL Breaches $140
Solana (SOL) hit another record: Today, it has over 75 million monthly active addresses. The surge speaks to growing popularity of the network, especially in areas like developer and user activity within the decentralized applications (dApps), DeFi, and NFT sectors. With such an increase in Solana’s activities, the platform stretches even further away from others as it remains one of the most scalable and efficient blockchains available. Despite this positive momentum, recent market activity has seen significant volatility for SOL.…
9 months ago
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EthereumIs This The End For Ethereum Or A Generational Opportunity?
Ethereum holders are definitely being tested by some tough times, with recent price action failing to create a bullish perspective for the digital asset. One of the major disappointments has been the performance of spot Ethereum exchange-traded funds (ETFs), which were launched in the U.S. with great fanfare. These ETFs were seen by numerous market participants as the key that could unlock significant upward movement for Ethereum. Since their introduction, they have not delivered the expected results, leaving investors frustrated.…
9 months ago
The Most Rewarding Telegram Crypto Game On The Market? Get An Exclusive Look At Nordom With Insights From CMO – Nika Tsotniashvili
In a crowded Telegram crypto gaming market, many games fall short, leaving players uncertain about their rewards and value. However, Nordom aims to break this pattern. With its transparent and rewarding gameplay, Nordom sets a new benchmark. In this article, CMO Nika Tsotniashvili reveals how Nordom is overcoming common gaming pitfalls to deliver a standout experience and real value in a cluttered space. But first, let’s start from the beginning and share some insights about Nordom exchange in general. Nika:…
9 months ago
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AltcoinsTags
AltcoinsUnlock Massive Gains with These 3 Altcoins – Don’t Wait!
Exciting opportunities are emerging in the world of cryptocurrency. With the market constantly evolving, three altcoins are showing great potential for impressive gains. Investors and enthusiasts alike may find it worthwhile to pay close attention to these promising digital assets. Discover which coins are primed for significant growth and why now might be the perfect time to get involved. PepeCoin Poised for a Breakout Despite Resistance Challenges PepeCoin is currently hovering in bullish territory, trading between $2.08 and $2.49. With…
9 months ago
Grab These 5 Cryptos Before They Explode in the Next Bull Run
In the ever-changing world of digital currencies, a handful of cryptos stand poised for significant gains in the upcoming market upswing. This article identifies five standout coins that show immense promise and are primed for a surge in value. Discover which cryptocurrencies could lead the next wave and why they are worth keeping an eye on. Super Trump (STRUMP) Super Trump (STRUMP) has faced some headwinds, with the price currently hovering between just over four tenths and close to seven…
9 months ago
Crypto Investor Positions for Possible Altcoin Season with These 6 Tokens
Crypto investors and analysts support that the 2024 altcoin season may have just started, drawing signals from multiple fundamentals, including Bitcoin’s (BTC) sustained foray above $63,000. The optimism comes after the Federal Open Market Committee (FOMC) decided a 50 basis points interest rate cut in September, suggesting the US economy is in a good place. Crypto Banter Founder Highlights Tokens Primed for Altcoins Crypto Banter, a popular YouTube channel with over 1.08 million subscribers, says the 2024 altcoin season is…
9 months ago
Nervos Network Bulls Add More Profits To Their Wallets With Gambling Token Mpeppe
The Nervos Network (CKB) has seen substantial growth in recent months, making it a standout in the cryptocurrency space. Nervos Network (CKB) recorded a significant increase in value, climbing by 119% in just one week. As this bullish momentum continues, many investors are turning their attention to alternative opportunities to diversify their portfolios, and one token that’s catching their eye is Mpeppe (MPEPE), a new gambling token with massive growth potential. Nervos Network’s Impressive Performance Nervos Network (CKB) has experienced…
9 months ago
A Record $21.77 Billion In Bitcoin Shorts Will Be Liquidated Once BTC Breaks $70,500
Bitcoin is trending higher at spot rates, floating above $60,000 and confirming gains of September 13. From price action in the daily chart, buyers appear to be back in the picture. The confidence follows the United States Federal Reserve’s (Fed) decision to slash rates by 50 basis points on September 18. Over $21 Billion Of Shorts To Be Liquidated If Bitcoin Breaks $70,500 While buyers double down, flocking back to BTC, looking at the sharp uptick in trading volume over…
9 months ago