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 the Bitcoin, Altcoin Bull Market Over? Analysts Weigh In
The cryptocurrency market has experienced significant turbulence recently, raising questions about the longevity of the current bull market in Bitcoin and altcoins. Analysts and industry insiders offer varied perspectives on the future of Bitcoin and altcoins, reflecting on market trends, macroeconomic factors, and investor behavior. Analysts’ Predictions on Bitcoin, Altcoins Bitcoin investor Murad Mahmudov highlighted two possible scenarios for Bitcoin’s future. He suggested that if the price remains above $60,000, the bull market might continue following the typical four-year cycle.…
12 months ago
This Week in Crypto: Top News, Bitcoin and Altcoin Volatility, Major Hacks, and DeFi Investments
The post This Week in Crypto: Top News, Bitcoin and Altcoin Volatility, Major Hacks, and DeFi Investments appeared first on Coinpedia Fintech News This week in the crypto market, significant events happened, with the latest one being the Consumer Price Index (CPI) news, which came in softer than anticipated. This development led to extreme volatility in the market, with Bitcoin’s price fluctuating between $65,000 and $70,000. In this report, we will dive into the key news and developments that controlled…
12 months ago
Polkadot And ICP Trending Down, As Holders Head To New 100x Altcoin To Recover Profits!
The post Polkadot And ICP Trending Down, As Holders Head To New 100x Altcoin To Recover Profits! appeared first on Coinpedia Fintech News Some of the top crypto coins are in sharp decline as the bears are in full control across the crypto market. It’s the bull run, but you can expect brief periods of bearish influence like this. Polkadot (DOT) and Internet Computer (ICP) are caught in the bearish web, and their investors are losing their patience with the…
12 months ago
Altcoin season is intact, here’s a list of top three coins to stack for 10x gains
The post Altcoin season is intact, here’s a list of top three coins to stack for 10x gains appeared first on Coinpedia Fintech News Cryptocurrency analyst Zero IKA took his X handle and addressed concerns about altcoins being “dead” and the focus on meme coins by comparing current trends to past market cycles. During the 2020-21 run, the main narratives were DeFi, governance tokens, and oracles, while most altcoins struggled. Many doubted the potential for an altseason, but the ETH/BTC…
12 months ago
BTC’s 93-Day Consolidation Poised for Breakout That Could Spark Massive Altcoin Rally: Which Cryptos to Buy Before?
The post BTC’s 93-Day Consolidation Poised for Breakout That Could Spark Massive Altcoin Rally: Which Cryptos to Buy Before? appeared first on Coinpedia Fintech News Bitcoin has been stuck in a 93-day holding pattern, but a breakout now looks imminent. This development sets the stage for a potential surge in altcoin values. With the bull run of 2024 in full swing, investors are eager to find the next big opportunity. The upcoming shifts could create timely buying opportunities for selective…
12 months ago
DeFi Altcoin DTX Exchange Pushes to $700k After Bitcoin Consolidates, Set to Outshine Dogecoin and PEPE
Bitcoin has again been rejected from its all time high and is now consolidating near $67,000. After a small correction, Dogecoin and PEPE are also in the consolidation mode. Amid the market correction, DTX Exchange is roaring higher and higher, reaching a presale of $700,000 in just a few days. According to crypto gurus, DTX Exchange is set to outshine Dogecoin and PEPE in 2024. Does Elon Musk Hold 20% of Dogecoin Supply? During a discussion on the social media platform…
12 months ago
Top Analyst Says Meme Coins Have Delayed Altcoin Season by Overshadowing ‘Good Altcoins’
The post Top Analyst Says Meme Coins Have Delayed Altcoin Season by Overshadowing ‘Good Altcoins’ appeared first on Coinpedia Fintech News Crypto Banter’s analyst Sheldon recently said that the market has some good deals and weak spots right now, especially with altcoins. There’s a bit of a shakeup happening where some altcoins might be giving up. Despite this, he feels confident about the market’s overall strength. The discussion kicked off by bringing to attention two distinct types of altcoins currently…
12 months ago
Here’s Why Ethena Is The Best Altcoin To Buy In This Dip!
The post Here’s Why Ethena Is The Best Altcoin To Buy In This Dip! appeared first on Coinpedia Fintech News With the broader market failing to sustain the momentum surge on Wednesday, the altcoins are struggling at critical support levels. The Ethena token shows a similar trend with a failed bullish reversal and a deep pullback phase in action. However, as the downfall in the ENA price approaches a crucial support level, the sideline traders anticipate a bullish comeback. Will…
12 months ago
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AltcoinThese Altcoin Projects Have Raised the Most Capital in 2024
In 2024, several altcoin projects have secured substantial funding, showcasing growing investor confidence in the cryptocurrency market. These initiatives are also attracting attention for their financial backing and for their potential to drive innovation and efficiency in the industry. Largest Altcoin Fundraises Leading the charge is Monad, which has raised $225 million. This new Layer-1 blockchain is designed for speed and interconnectivity, boasting capabilities like 10,000 transactions per second, one-second block times, and single-slot finality. Monad’s EVM compatibility further improves…
12 months ago