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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Crypto Researcher Reveals Why XRP Price Reaching $1,000 Is Not A Pipe Dream
The XRP price has struggled for the last three years, staying down even when Bitcoin and other altcoins rallied to possible new all-time highs. However, even through this, the XRP community has remained steadfast in their belief that the altcoin’s price will reach new peaks. Forecasts have ranged from reaching $1 to as high as $1,000. The latter has been hotly debated among crypto investors. However, one crypto researcher believes that the XRP price will be able to touch $1,000…
9 months ago
Bitcoin Price Could Skyrocket To $118,000 By Year-End: Here’s Why
In an analysis shared on X, Kelly Greer, Vice President of Trading at Galaxy Digital, presents a compelling argument for why the Bitcoin price could surge to as high as $118,000 by the end of the year. Greer’s insights are grounded in a combination of historical performance data, current market dynamics, and broader macroeconomic factors, all of which she believes are aligning to create a highly favorable environment for Bitcoin. Here’s Why Bitcoin Could Skyrocket To $118,000 Greer begins by…
9 months ago
Bitcoin To $80,000, Dogwifhat To $7, And Fantom To $1? Analyst Shares ‘Realistic Targets’
Crypto analyst Wisdom Matic has shared realistic price targets for Bitcoin (BTC), Dogwifhat (WIF), and Fantom (FTM). The analyst suggested that these coins would reach these price levels in this bull run, although he didn’t state when exactly it would happen. Bitcoin, Dogwifhat, And Fantom To Reach These Price Targets Wisdom Matic predicted in an X post that Bitcoin would reach $80,000, Dogwifhat would reach $7, and Fantom would reach $2. He claimed these were realistic targets compared to other…
9 months ago
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DogecoinHumor Or Sarcasm? Dogecoin Leaps 20%, Co-Creator Says He Doesn’t Know Why
Making headlines in the crypto scene last week, Dogecoin (DOGE) jumped an astounding 20% in a few days. Renowned for its meme beginnings and devoted following, the coin moved from $0.10745 to a peak of $0.13080. Many people were perplexed by this surprising surge and questioned what might have produced such a sharp change. ‘No Idea’ Prominent for his sardonic views on the crypto market, co-creator Billy Markus answered nothing. Emphasizing the erratic character of cryptocurrencies, he said he had…
9 months ago
Bitcoin Hype Bites Back As BTC Crashes Under $64,000
Data shows social media users had become overly excited about Bitcoin after the recent rally, which may be why BTC has retraced. Bitcoin Topped Out As Hype Around The Coin Shot Up According to data from the analytics firm Santiment, crowd sentiment around BTC has noted a sharp surge recently. The indicator of relevance here is the “Positive vs. Negative Sentiment Ratio,” which keeps track of the difference between the positive and negative comments related to Bitcoin that are being…
9 months ago
Ethereum Struggles To Reach Higher Highs Unlike BTC: Key Levels ETH Must Break
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently lagged behind other top tokens, posting losses on both a 24-hour and weekly basis. Despite this downturn, some analysts believe that if Ethereum can overcome critical resistance levels in the near future, it may follow seasonal trends typically seen in “Uptober,” potentially leading to a price recovery. Ethereum Struggles To Break $2,800 Resistance Technical analyst Daan Crypto Trades recently pointed out that Ethereum has yet to make a higher high,…
9 months ago
Immutable (IMX) and Mpeppe (MPEPE): Two Cryptocurrencies That Will Transcend Crypto Gaming Into New Heights
As the world of crypto gaming continues to evolve, two cryptocurrencies are poised to take the gaming industry to new heights: Immutable (IMX) and Mpeppe (MPEPE). While these two tokens operate in different spaces—Immutable (IMX) in blockchain gaming and Mpeppe (MPEPE) in AI-powered gambling—their combined potential signals a paradigm shift in how cryptocurrencies can reshape gaming experiences. Mpeppe (MPEPE): AI-Powered Gambling Meets the Future of Crypto While Immutable (IMX) dominates the NFT and blockchain gaming sectors, Mpeppe (MPEPE) is carving…
9 months ago
The New King of DeFi Lunex Network Nears $500K Raised in Days; Solana Price Prediction, Kaspa Price Falter
As the world of DeFi evolves, Lunex Network ($LNEX) has emerged as a top contender in the space, drawing significant attention from investors. Currently in the first stage of its presale, Lunex Network is making waves due to its innovative framework. Iconic coins, Solana (SOL) and Kaspa (KAS) are seeing holders flock to this promising protocol. So what is causing this shift in focus amongst Solana and Kaspa holders, and what features make Lunex Network so intriguing? Solana (SOL): Scaling…
9 months ago
$SUI, $INJ, and $FTM lead the altcoin revival
Following the lead of Bitcoin (BTC), the altcoins are starting to break out and recover their lost gains of the last six months. $SUI, $INJ, and $FTM are among the altcoins currently making the fastest progress to the upside. Altcoins market capitalization breaks out and retests Source: TradingView Total3 charts the combined market capitalization of all the altcoins, minus $BTC and $ETH. It can be seen that there has been a breakout of the bull flag, and that the price…
9 months ago