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 $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Shiba Inu’s Best Friend Husky Inu ($HINU) Celebrates Presale Success
Husky Inu, Shiba Inu’s new best friend, recently launched the presale for its native token, $HINU. The presale is currently in its third phase, having raised over $400,000 since going live. Memecoins have become the topic of conversation this year thanks to their spectacular performance in the past months. New projects come to market daily, hoping to captivate investors with their unique qualities. The latest project vying for attention is Husky Inu ($HINU), a Solana-based memecoin and new best friend to the…
10 months ago
Want to Double Your Investment? Here Are 5 Altcoins You Shouldn’t Ignore
Looking for potential high-return investments in the crypto world? This article delves into five promising altcoins showing signs of substantial growth. Readers eager to discover which digital currencies are set for a significant rise will find thorough analyses and insights here. Explore the potential treasures of the crypto universe that could double your stakes. Immutable (IMX) Immutable (IMX) finds itself in a fluctuating state, with its price dancing between $1.10 and $1.31. While recent gains of 13% in just one…
10 months ago
ChainGPT Leads Web3-AI at Token2049 Singapore: Collaborating with Tron, Certik, and More!
Singapore, 13.9.2024 — ChainGPT, a leading AI-driven blockchain solution, is proud to announce its co-hosting role in three major side events during TOKEN2049, one of the world’s premier crypto and blockchain conferences. Set in the vibrant city of Singapore, these events provide unique opportunities for networking, knowledge sharing, and Web3-AI expansion! Event 1: HTX x TRON AfterpartyDate: September 18, 2024Time: 19:00 - 23:00 GMT+8Location: HaveFun Live Show, Bugis+, SingaporeChainGPT will join forces with HTX and TRON to host a dynamic…
10 months ago
Polkadot Price Analysis: DOT Stalls. Is A Move To $5 Still Possible?
Polkadot (DOT) stalled after encountering resistance at $4.50 and is down almost 1% during the current session as sellers look to drive it below the 20-day SMA. Despite the drop in the ongoing session, DOT has had a positive week. It is up 2.34% over the past 24 hours and almost 9% over the past seven days, having pushed above the 20-day SMA on Thursday. Polkadot (DOT) Faces Resistance At $4.50 Polkadot overcame strong selling pressure on Friday to consolidate…
10 months ago
Top 3 Coins to Watch This September: Why Smart Investors Are Moving Money from Bitcoin (BTC) to Altcoins
The wider cryptocurrency market has seen an inflow of activity in altcoins as Bitcoin (BTC) and Ethereum ( ETH) struggle recently, especially following the underperformance of pro-crypto candidate Donald Trump in a recent debate. Many investors are now looking towards promising cryptocurrencies, including Rexas Finance (RXS), Toncoin (TONNE), and Avalanche (AVAX), as possible keys to unlock new prospects after the Crypto Fear and Greed Index dropped to 31, signifying notable fear. Why Whales are Leaving Bitcoin Long regarded as the…
10 months ago
$500 in These 3 RWA-Focused Altcoins Could Deliver 5000% Gains in Q4 2024
The process of tokenization of real-world assets (RWA), especially through the success of such businesses, has become one of the most popular applications of decentralized ledger technology. When real estate, commodities, and financial instruments are synthesized in digital forms epitomized by tokens, disruptive blockchain projects will bring about a revolution in industries worth trillions of dollars. In this piece, we shall highlight three RWA-centric reflectors that we believe can give 5000% returns in Q4 2024. Investing only 500$ into these…
10 months ago
Bitcoin Hits $60,000 As Market Conditions Align For Crypto Price Surge: Santiment
Bitcoin has hit the $60,000 price mark, recovering a price level last seen since August 29. Based on data from CoinMarketCap, The crypto market leader moved by 3.98% on Friday, capping off a rather impressive weekly performance. Commenting on this price gain, prominent blockchain analytics company Santiment has provided insight into shifting market dynamics that may result in a sustained price rally for Bitcoin and other cryptocurrencies. Bitcoin Accumulation, Exchange Outflow Signal Bullish Sentiment In an X post on Friday,…
10 months ago
Uniswap (UNI) Climbs By Double-Digit Amid Case With CFTC, Investors Capitalize On FXGuys
Uniswap (UNI) recently had to pay a fine after the CFTC accused the company behind the project, Uniswap Labs, of breaking the rules relating to leveraged and margined digital assets. With this news, investors are considering a new crypto coin as a hedge against market uncertainty. What was the effect of this accusation on UNI? And why is this new crypto coin attractive to investors? Let’s find out! CFTC Settles With Uniswap Concerning Regulatory Breach The United States Commodity Futures…
10 months ago
Bitcoin Price Recovery Hinges On This Key Market Indicator, Reveals Analyst
The crypto market has recently seen some ups and downs, with Bitcoin facing many fluctuations. According to a recent post by a CryptoQuant analyst known as ‘Kripto Mevsimi,’ the Bitcoin Market Value to Realized Value (MVRV) ratio has dipped below its 365-day moving average. This specific indicator often identifies potential market bottoms and zones where recovery could begin. While the drop in MVRV could suggest an “opportunity for long-term investors,” the analyst warns that caution is needed. Bitcoin Will Recover…
10 months ago