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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Best Cryptos to Buy Now: Why Bitgert Tops the List for 2024
With Q4 2024 approaching, crypto investors are looking for the next big opportunity that could lock in high returns for them. Among a sea of choices, Bitgert has emerged as one of the strongest contenders, making some noise and winning several minds with its innovative approach. What makes Bitgert so unique compared to others? Why is this cryptocurrency considered a hot pick for 2024? About Bitgert's Ecosystem and Features The Bitgert ecosystem is built on the Brise Chain, an outstanding…
9 months ago
CertiK Ventures Announces $45 Million Investment Plan, Including Free Access to Community Security Tools
New York, US, September 19th, 2024, Chainwire On September 19, 2024, leading Web3 security firm CertiK, CertiK Ventures, OKX Ventures, and OKX Wallet hosted the “New Round, New Path” event during Token2049. During this event, CertiK announced a comprehensive upgrade of its products and services, which cover the entire life cycles of Web3 projects. Additionally, CertiK announced the launch of its free community security tools, including Token Scan and Wallet Scan, to support the evolving community. CertiK’s highly anticipated CertiK…
9 months ago
Rexas Finance (RXS) vs Solana (SOL): Which is the Best Utility Token in 2024?
Utility tokens are very important in terms of the services offered by these ecosystems for migration within the rapidly evolving blockchain and cryptocurrency ecosystem. If we look forward to 2024 Rexas Finance (RXS) and Solana (SOL) come up as key players with some more benefits tangential to crypto. Rexas Finance (RXS) concentrates on the provision of complete DeFi services with the inclusion of user incentives, whereas Solana (SOL) deals with speedy transactions that harness an established infrastructure. This article looks…
9 months ago
Ethereum (ETH) starts to break downtrend
Ethereum (ETH) looks to have found a bottom at long last. $2,000 may well have been that bottom, and $ETH is now starting to claw its way back up. $2,820 is the higher high that would turn the trend back around for the giant layer 1 cryptocurrency. Has $ETH turned the corner For $ETH investors, it's been a long and painful six months, in which time the $ETH price has not only continued to fall against the dollar, but also…
9 months ago
Bitcoin (BTC) enters new environment of lower rates – bull market recommences
The Federal Reserve announced the first rate cut since early 2020, with 50 basis points. More rate cuts are on the table going into the end of this year, with another 75 bps anticipated. Bitcoin has risen to $62,000 on the news, with bulls looking to take advantage of increasing liquidity. A new easing cycle Not just the U.S., but the world, have entered a new economic cycle of easing, designed to cope with faltering economies, and the next roll-over…
9 months ago
Crypto Price Analysis 9-19 BTC, ETH, SOL, DOGE, DOT, UNI, INJ
The cryptocurrency markets continued their recent uptick, with major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), and Toncoin (TON), in the green. The crypto market cap is also up over 3%. It is currently at $2.14 trillion, as markets see bullish sentiment build following the Federal Reserve’s announcement of a 50 basis point reduction in interest rates. Several analysts and market watchers, including Rich Dad Poor Dad author Robert Kiyosaki, believe the price of BTC…
9 months ago
KYC in Crypto Mining Is a Net Good That Will Elevate the Industry
Few letters spark fiercer debate in blockchain than these three: KYC. Over the last decade, Know Your Customer rules have permeated most crypto industries, but despite their widespread implementation, they remain controversial in sectors that have traditionally been largely devoid of regulation. Few centralized exchanges today operate without KYC save for a handful of shady offshore platforms. The remainder have fallen into line, recognizing the need to adhere to financial regulations, avoid censure, and mitigate the flow of hacked and…
9 months ago
Payments Network Fuse Announces Ember Upgrade and Mainnet Launch
Fuse, the blockchain for payments, has shared details of its new-look roadmap and launch strategy. The plan will support Fuse’s goal of relaunching as a zkEVM L2 that will allow it to take advantage of emerging technologies including private payments. It’s also revealed plans to revamp its tokenomics and to host a public node sale in Q1 that will see 50,000 nodes made available to the community, each represented as an NFT. Ember to Spark the Rebirth of Fuse Fuse…
9 months ago
Decentralized GPU Network io.net Partners With Tars Protocol To Improve AI Models Across Solana
The strategic collaboration aims to advance building artificial intelligence (AI)and seamlessly integrate it into blockchain technology. io.net, a decentralized physical infrastructure network (DePIN) that deploys and manages on-demand, decentralized GPU clusters, announced a strategic partnership with Solana-based TARS Protocol, an AI-driven, scalable Web 3 infrastructure platform aiming to advance AI models in the Web 3 space. The symbiotic partnership will see the two technology firms explore a range of integrations and initiatives to advance and enhance the adoption and building…
9 months ago