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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Is Bitcoin Primed for a Big Move? Coinbase Premium Hints at a Possible Breakout
The post Is Bitcoin Primed for a Big Move? Coinbase Premium Hints at a Possible Breakout appeared first on Coinpedia Fintech News Bitcoin has recently seen a 2.28% rise, climbing from a local low of $55,629 to $58,401. This recovery follows a sharp decline to $52,732, raising questions about whether Bitcoin will experience a sustained rally or face another dip. The situation is becoming more intriguing as data from the Coinbase Premium suggests that a major price move could be…
10 months ago
Shiba Inu Price Prediction: Top 3 Cryptos That Could Deliver Bigger Profits than SHIB in 2024
The post Shiba Inu Price Prediction: Top 3 Cryptos That Could Deliver Bigger Profits than SHIB in 2024 appeared first on Coinpedia Fintech News Shiba Inu (SHIB) has captured significant attention in the cryptocurrency market, but new contenders are emerging that may offer higher returns. As SHIB faces uncertainties regarding its short-term growth and burn mechanism, investors are seeking alternatives with greater potential. Among these are Pepe Coin, DOGS Token, and Rexas Finance, each poised to make substantial impacts in…
10 months ago
Top 6 Altcoins Set for Massive Profits in Just 6 Days
The post Top 6 Altcoins Set for Massive Profits in Just 6 Days appeared first on Coinpedia Fintech News The altcoin market has been a focal point of attention, especially with growing signs of a turning point after a long period of sideways movement. After nearly 197 days of consolidation, market analysts are now predicting that the next week could be pivotal, not just for Bitcoin but particularly for altcoins. With major crypto conferences on the horizon, some altcoins are…
10 months ago
Bitcoin ETFs Rebound with $39M Inflow, Ethereum ETFs See $20M Outflow
The post Bitcoin ETFs Rebound with $39M Inflow, Ethereum ETFs See $20M Outflow appeared first on Coinpedia Fintech News On September 12th, the US spot Bitcoin and Ethereum ETFs delivered polarizing results. Bitcoin Spot ETFs recorded a positive net flow of $39M, reflecting a minor recovery run after a long streak of outflows. However, no ETFs could surpass the barrier of $20M in inflows. In contrast, Ethereum ETFs faced a second consecutive day of losses. The biggest altcoin ETFs had…
10 months ago
Robert Kiyosaki’s Take on Bitcoin: A Game Changer for America’s $35 Trillion Debt?
The post Robert Kiyosaki’s Take on Bitcoin: A Game Changer for America’s $35 Trillion Debt? appeared first on Coinpedia Fintech News As the United States 2024 general election approaches, the crypto issue is becoming more relevant despite not emerging in the recent debate between Donald Trump and Kamala Harris. Furthermore, institutional investors—led by spot BTC ETFs and publicly traded companies such as MicroStrategy—are using Bitcoin strategy in their respective balance sheets to solve their debt issues. State of the US…
10 months ago
106K SOL ($14.3M) Unstaked and Sent to Binance
The post 106K SOL ($14.3M) Unstaked and Sent to Binance appeared first on Coinpedia Fintech News According to on-chain data from Solscan, a Solana whale unstacked 106,213 SOL, worth $14.3 million. Quickly, after unstaking the locked tokens, the whale transferred the funds to Binance. The whale exiting the Ethereum-killer project makes news after Solana makes headlines for achieving the highest daily active address count of 5.5 million.
10 months ago
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Stablecoin$5.28 Trillion in Stablecoin Settlements Expected by 2024
The post $5.28 Trillion in Stablecoin Settlements Expected by 2024 appeared first on Coinpedia Fintech News In a recent survey conducted by Visa and Castle Island Ventures, a surge in stablecoin usage in H1 2024 was revealed. With settlement volumes expected to reach $5.28 trillion by year-end, the study reveals the adoption growth of stablecoins in the real world. The practical use cases range from cross-border payments, remittances, payrolls, and trade settlements. Further, 69% of respondents use stablecoins for currency substitution,…
10 months ago
WazirX Update: Court Hearing Set, Survey on Moratorium, and Townhall Announcement
The post WazirX Update: Court Hearing Set, Survey on Moratorium, and Townhall Announcement appeared first on Coinpedia Fintech News Crypto exchange WazirX, one of the most famous among Indian crypto exchanges, has reported crucial data on the current restructuring process via an email to its users. The email sheds light on the further action the team will be taking for the restructuring process. A session on the Moratorium Application is coming up on September 25 2024, at 8:00 IST. The…
10 months ago
XRP Price Breaks Out and Surges: Will the Momentum Last?
XRP price rallied above the $0.5550 and $0.560 levels. It is now consolidating gains above $0.550 and might aim for more gains in the near term. XRP price gained pace for a move above the $0.550 resistance zone. The price is now trading above $0.550 and the 100-hourly Simple Moving Average. There is a new connecting bullish trend line forming with support at $0.550 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could regain…
10 months ago