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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Shiba Inu Whale Action Hints At Explosive 7,000% Growth
Shiba Inu (SHIB) has had a tough market in the last six months, losing more than half of its value. At $0.0000138 now, the token is down 70% from its March high of $0.000045. Such a plunge is steep and stressful for investors who bought during its peak. Yet a faint glow of hope seems to emanate from the market as it sees a modest 6.5% gain over the last week. Crypto analyst LuckSide thinks that SHIB will experience a…
9 months ago
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Web3Web3 Sports Betting: The Future of Wagering Arrives
In a groundbreaking shift that's set to revolutionize the sports betting industry, Web3 technology is ushering in a new era of transparency, security, and decentralization. Industry experts are hailing this development as a game-changer that could reshape how millions of sports enthusiasts engage with their favorite pastime. Blockchain Betting: A New Playing Field At the heart of this revolution is blockchain technology, which is rapidly transforming the betting landscape. "Web3 betting platforms are eliminating the need for intermediaries, allowing for…
9 months ago
A Beginner’s Guide to Cryptocurrency Investment in 2024
Feeling overwhelmed by cryptocurrency investing in 2024? You're not alone. With over 2.4 million cryptocurrencies now available, it's enough to make anyone's head spin. I remember how confusing it all seemed when I first started out. But don't worry - I'm here to help guide you through the crypto landscape. In this article, I'll share my personal experiences and research to help you start your crypto journey. We'll cover the basics, talk about the risks involved, and walk through the…
9 months ago
Basebet.io Launches $BBT Token: A New Era in Blockchain-Powered Gaming
G, H, September 17th, 2024, Chainwire Basebet.io, the leading blockchain-powered casino and sportsbook, is excited to introduce the $BBT token. The $BBT token provides players with access to staking opportunities, VIP program acceleration, and enhanced jackpot features, creating new avenues for engagement on the platform. The pre-sale for the $BBT token begins Wednesday at 10 AM EST, offering early participants exclusive bonuses. What Is $BBT? The $BBT token is integrated into the Basebet.io platform, allowing holders the chance to benefit…
9 months ago
A Comparative Analysis of Leading Cryptocurrency Exchanges
Selecting the right cryptocurrency exchange can feel like a challenging task. I understand the feeling. With numerous options available, it's understandable to feel overwhelmed by the variety of platforms. I've conducted extensive research and used my personal experience to identify the top exchanges based on crucial factors: robust security, competitive fees, and a diverse selection of coins. Whether you're new to crypto or an experienced trader, this guide will assist you in finding an exchange that suits your needs perfectly.…
9 months ago
Altcoin Watch: Mega Whales Are Taking These Alts Off Exchanges
On-chain data shows the whales of these altcoins have been shifting their supply from exchanges to cold wallets recently, a sign that may be bullish for their prices. Whales Of These Altcoins Have Been Moving Into Self-Custody Recently In a new post on X, the on-chain analytics firm Santiment has discussed the trend in the Top Exchange/Non-Exchange Wallet Holdings for three altcoins: Polygon (MATIC), Injective (INJ), and Render (RENDER). The “Top Exchange/Non-Exchange Wallet Holdings” here refers to an indicator that…
9 months ago
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THATShiba Inu Competitor FLOKI Forms Falling Wedge That Could Trigger 54% Breakout
After going on an incredible run back in 2023, top Shiba Inu competitor FLOKI has swam into the mainstream of crypto investments. Its break toward the $1 billion market cap level solidified its position as one of the leading meme coins in the space. Although FLOKI has struggled in the market after its initial bullish run, falling more than 50% from its 2023 peaks, it is still a favorite among investors, and analysts, who expect the meme coin to see…
9 months ago
Key Reasons Why Sui Investors Are Buying New Casino ICO Mpeppe (MPEPE)
The cryptocurrency market is always on the lookout for new opportunities, and Sui (SUI) has been a standout in recent months, attracting a large number of investors with its strong performance and technological advancements. However, despite Sui’s stellar growth, many of its investors are now looking at another promising token — Mpeppe (MPEPE), a new casino-focused ICO. There are several reasons why Sui investors are jumping on the Mpeppe bandwagon, and in this article, we’ll explore those factors and why…
9 months ago
FTM Rockets 17% Amid Growing Interest In Fantom Ecosystem
Fantom (FTM) has been soaring 17% over the past week, on a quite decent trend, with strong support recorded in the area of $0.47-$0.48, data from IntoTheBlock indicates. This suggests that the price jump may be connected to increased demand and growing network interest. Approximately 1,560 addresses bought 242.56 million FTM tokens in this range, thereby providing a firm base for the recent run. Crypto trader Mister Crypto mentioned the network’s ongoing development, saying, “It’s one of my major holdings,…
9 months ago