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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Dogecoin Millionaire Predicts Pepe Clones Will Lead Next Crypto Bull Run
The ‘Dogecoin Millionaire’ Glauber Contessoto has confirmed what many smart money had already guessed about the next crypto bull run. He backs “anything involving Pepe” as the most popular meme narrative for the coming bull market, backing Pepe (PEPE) as the leader of the sector. Indeed, the popular Pepe The Frog meme has taken the crypto market by storm since its introduction, with even low-cap gems like PeiPei, PONKE and APU impressing investors with their explosive growth. Crypto whales are…
9 months ago
Crypto Investments Inflows Reach $436 Million as Markets Price In 0.5% Interest Rate Cut
Digital asset investment products recorded $436 million in inflows last week, a paradigm shift after a series of outflows reaching $1.2 billion. Crypto markets have much to anticipate this week, with a key moment on Wednesday as the Federal Open Market Committee (FOMC) decides the scale of September’s interest rate cuts. Crypto Investments Inflows Reach $436 Million Bitcoin (BTC) led crypto inflows last week, bringing in up to $436 million and reversing the negative flows from the week ending September…
9 months ago
Bitcoin Accumulation In Full Swing As $1.3 Billion Exits Exchanges, $75,000 Next?
Investors are once again accumulating Bitcoin (BTC) despite previous price declines. Reports indicate that approximately $1.3 billion worth of Bitcoin has been withdrawn from various crypto exchanges, signaling a renewed interest and confidence in the leading cryptocurrency. Bitcoin Accumulation Frenzy Resumes Data from IntoTheBlock has revealed a new accumulation trend amongst Bitcoin investors. According to the financial service platform, roughly $1.29 billion worth of BTC has exited various Centralized Exchanges (CEXs) in the last week. This development signals a shift…
10 months ago
Crypto Trends To Watch: Analyst Details 10 Reasons That Could Lead To Massive Q4 Gains
As the crypto market grapples with significant volatility and uncertainty, expert analyst Miles Deutscher has outlined ten reasons to be optimistic about the year’s fourth quarter (Q4). With Q4 fast approaching, Deutscher emphasizes that a monumental market shift could catch many investors off guard. Trends And Factors That Could Impact The Crypto Market In a recent social media post, Deutscher broke down his analysis into seasonality, macroeconomic factors, and crypto-specific elements. Deutscher begins by discussing the concept of seasonality, noting…
10 months ago
Ethereum In Danger: Analyst Explains What Could Trigger Crash To $1,800
An analyst has explained how losing this on-chain demand zone could cause Ethereum to witness a crash to as low as $1,800. Ethereum Is Currently Retesting A Major On-Chain Support Zone In a new post on X, analyst Ali Martinez has discussed about how Ethereum is looking like in terms of investor cost basis distribution right now, citing data from the market intelligence platform IntoTheBlock. In the above chart, the dots represent the amount of ETH that was last purchased…
10 months ago
Nervos Network (CKB) Price Prediction 2024, 2025 & 2026, CKB Whales Add Mpeppe To Crypto Bags
Nervos Network (CKB) has caught the attention of the broader crypto community, with its price soaring by 55% in the last 24 hours. This bullish sentiment, driven by strong market fundamentals and increased interest from institutional investors, suggests that Nervos Network (CKB) could be poised for even more significant gains in the coming years. In this article, we will dive into Nervos Network (CKB)’s price prediction for 2024, 2025, and 2026, and explore why CKB whales are adding Mpeppe (MPEPE)…
10 months ago
Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn’t Be A Bad Thing, Here’s Why
Glassnode co-founders Jan Happel and Yann Allemann recently indicated that a Bitcoin crash to $37,000 would be a good thing. They also explained why they wouldn’t be sad about such a massive price decline for the flagship crypto. Bitcoin Dropping To $37,000 Would Be A Steal Happel and Allemann mentioned in an X (formerly Twitter) post on their shared account that a Bitcoin price drop to $37,000 would be a steal. They added that they won’t be “mad” about the…
10 months ago
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BitcoinBitcoin On Track For $92,000 ‘Bounce’ In 3 Months, Analyst Predicts
Bitcoin (BTC) appears to be bouncing off its summer slumber, say analysts who believe the asset could rebound in the coming months. Recent technical indications and charts suggest that BTC could be on the cusp of a significant price move. The cryptocurrency is geared for a bounce that could take the asset far beyond $92,000, despite recent losses. Short-Term Projection Bitcoin’s immediate technical projection points to a possibly positive trend. Right now, Bitcoin is selling 39.27% below its projected price…
10 months ago
Altcoin Season Near At Hand: Analyse of 5 Major Coins Set To Ride Bitcoin’S Bulls
Crypto enthusiasts are anticipating a promising surge in select altcoins. As Bitcoin rallies, certain digital currencies show strong potential for impressive gains. This analysis delves into five key coins appearing primed for a substantial upswing, capturing investors' interest. Find out which tokens are poised to capitalize on Bitcoin's bullish momentum. Bitcoin (BTC) Bitcoin is currently trading between $55,680 and $61,633. The market shows less enthusiasm from bulls, as recent data suggest. Over the past week, BTC climbed by nearly 7%,…
10 months ago