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…
News Feed
Polygon (POL) soared from $0.02 and Saw 9,000% Jump in 2021, This Token has Similar Explosive Growth Potential in 2024
What if you checked your investment portfolio, only to realize that you have made a whopping 9000% gain in terms of crypto investment you made? The year 2021 saw those who invested in the early days of Polygon (POL) record such high profits when they realized that POL had increased from $0.02 to $1.80. Many traders have ridden the Polygon wave but one pointed to another potential gem in crypto seas saying it may follow the same bullish trend: Rexas…
10 months ago
Ethereum ICO Whale Compares Rexas Finance (RXS) at $0.04 to Buying ETH Under $20 in 2016, Predicts $10 by Early 2025
The ICO market has brought with it many success stories, but the most known, and in this case Ethereum (ETH) ICO market, is the Initial Coin Offering. The fact that it is still a bull run across the market and people are always flooding into the new projects. Investors who got into Ethereum on the ground floor enjoyed great returns when the price of ETH surged eventually from less than $20 in 2016 to over $4000 at peak price in…
10 months ago
Altcoin valued under $0.05 set to Mirror Dogecoin (DOGE) 10,000% Bullish Run from 2021 in the Next 5 Months
Dogecoin (DOGE), is set to mirror a 10,000% bullish run from 2021, along with this Ethereum presale token at $0.04. Dogecoin (DOGE) has always been the wild child in the realm of cryptocurrency, going against regular trends in the market and making all critics look foolish on numerous occasions. Back in 2021, DOGE was introduced in a dramatic way that turned heads, rallying 10,000% above its initial price of $0.00557 to hit an all-time high ATH of $0.739.At the moment,…
10 months ago
Cardano Gains Momentum, Toncoin Ramps Up Airdrops, and BlockDAG Shines with BVB Deal & 30,000x Profit Potential
As the cryptocurrency market shows signs of recovery, several coins are making notable moves. Cardano (ADA) is generating interest with potential bullish price action, while Toncoin (TON) is set for a series of high-profile airdrops and token launches this month. However, BlockDAG is drawing particular attention with its innovative community engagement strategy, including a mega deal with Borussia Dortmund. Here's a closer look at the developments surrounding these three digital assets and what they could mean for investors. Cardano Price…
10 months ago
Solana (SOL) Rival Priced Under $0.20 Set to Skyrocket to $20 in six months
In the world of cryptocurrency where one can become a millionaire overnight, the secret to success is often recognizing the next big thing before the rest of the market does. Many Solana (SOL) early investors sat back and watched their value surge as the once underrated project turned into a crypto giant overnight. The attention has now shifted to a new Solana competitor, which is Rexas Finance (RXS), which is currently trading below $0.20 and is expected by one of…
10 months ago
Bitcoin Mining Halt Triggers 20% Electricity Price Surge in Norwegian City
The closure of a Bitcoin mining operation in Hadsel, Norway, could reportedly lead to an estimated 20% increase in household electricity costs. According to a report by the Norwegian Broadcasting Corporation (NRK), the Stokmarknes Datasenter Bitcoin mining facility ceased operations after Hadsel’s authorities refused to renew the company’s temporary permit. Norwegian City Learns The Importance of Bitcoin Mining The municipality initially granted the permit three years ago, but residents’ complaints about noise from the cooling fans led to its non-renewal.…
10 months ago
Bitcoin At A Crossroads: Bullish Momentum Meets Selling Pressure – Details
Bitcoin gained by over 10% in the past week as it reclaimed the $60,000 price mark on Friday. Following an initially negative performance in September, this recent price rise by the crypto market leader has elicited much positive sentiments from investors. However, a Cryptoquant analyst with the username CRYPTOHELL reports that this bullish momentum is being challenged by opposite forces driving the BTC market to a crossroads. Bitcoin Market Forces At A Standstill – What Next? In a Quicktake post…
10 months ago
Tags
XRPTags
XRP‘Super Guppy’ Indicator Shows XRP Is Ready For A Surge To $99
XRP might be currently trading around half a dollar, but both its fundamentals and technical analyses suggest that a surge of epic proportions is brewing under the covers. One such is the “Super Guppy” indicator, which projects a notable rally to many price points leading up to $99. This bullish signal was highlighted on social media platform X (formerly Twitter) by renowned crypto analyst EGRAG CRYPTO, who emphasized that the Super Guppy’s history of predicting price jumps might soon repeat…
10 months ago
Crypto Weekly Roundup: Trump Announces DeFi Project, Indonesian Exchange Hacked, & More
The week saw some interesting developments in crypto, with the UK proposing a bill recognizing digital assets as personal property, marking a notable step in regulatory efforts and Donald Trump announcing his DeFi project, World Liberty Financial. Let’s find out more. Bitcoin BlackRock, the world’s largest asset manager with over $9 trillion in assets, is positioning Bitcoin as a key tool in navigating growing global financial instability. Ethereum Ethereum Name Service (ENS) has integrated with PayPal and Venmo, enabling users…
10 months ago