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…
Altcoin
Cardano (ADA) and Ripple (XRP) Bears Unable to Stop Bullish Momentum Triggering Altcoin Rebound
The post Cardano (ADA) and Ripple (XRP) Bears Unable to Stop Bullish Momentum Triggering Altcoin Rebound appeared first on Coinpedia Fintech News The movements in the prices of Bitcoin and Ethereum have typically triggered the performance of the altcoin market. However, Ripple (XRP) and Cardano (ADA) have stood out for their recent stable performance, even amid the bear market, which affected many other altcoins. This set has driven analysts to predict a hopeful uptrend for altcoins in the future. In…
10 months ago
Crypto Guru Arthur Hayes Bets On This Under-The-Radar Altcoin
Arthur Hayes, a well-known crypto investor and former CEO of BitMEX, has reportedly made a major purchase of the little-known altcoin Aethir (ATH), amounting to 11.4 million tokens, valued at approximately $779,000. This transaction was identified and reported by on-chain data analytics firm Lookonchain. According to the firm, the purchase was made on crypto exchange OKX. Shortly after Hayes’ acquisition, another purchase was reportedly made by a whale. A different anonymous investor acquired 28.87 million ATH, worth around $1.95 million,…
10 months ago
This Altcoin Reclaims a 3-Digit Figure—Will it Trigger a 10% Rise to Squash the Bearish Impact?
The post This Altcoin Reclaims a 3-Digit Figure—Will it Trigger a 10% Rise to Squash the Bearish Impact? appeared first on Coinpedia Fintech News The crypto markets have again faced fresh bearish action, even though the CPI rates came out below expectations. The historical pattern has largely changed since the inclusion of institutions into the crypto markets. Regardless of this, some of the altcoins continue to hold onto the previous market dynamics, Aave being one of them. The AAVE price…
10 months ago
Explore New Horizons in the Altcoin Market: 5 Cryptocurrencies Poised for 25x Gains During the Bull Party
The altcoin market is buzzing with potential as several coins show signs of skyrocketing. As the next bull market looms, investors keen on discovering the next big gains will be eager to learn about five cryptocurrencies set to surge. This article promises to unveil those hidden gems ready for significant growth. Tezos (XTZ) Tezos (XTZ) is currently trading between $0.56 and $0.73, and it’s primed for a potential breakout despite recent fluctuations. The coin has shown resilience with a small…
10 months ago
TON $50 Target: Toncoin Spikes After Binance Listing, Could This New Viral Altcoin Be Next?
Everyone expected the Toncoin price to be the next altcoin to explode upon Binance listing on Aug. 8. Sadly, TON dropped the ball at $6.8, failing to smash its $8.2 ATH. As Toincoin price struggles, Rollblock has already delivered an impressive 2x yield to early birds in stage 5. Analysts predict RBLK could be the next altcoin to explode past 880% in presale as a growing number of investors turn their attention to the Rollblock presale Toncoin price registers spectacular…
10 months ago
Bitcoin at $70K, Ethereum at $4K: Arthur Hayes Predicts When Altcoin Season Will Begin
As historically proven, the start of an altcoin season, or ‘altseason,’ a period marked by the strong performance of alternative cryptocurrencies relative to Bitcoin, often begins following a significant increase in BTC’s price. This phenomenon has been elaborated recently by Arthur Hayes, the co-founder of BitMEX and Chief Investment Officer at Maelstrom Fund, who has now shared the specific time when the alt season for this cycle could begin. Bitcoin And Ethereum: Key Price Targets To Kickstart Altcoin Season In…
10 months ago
Bitcoin And Altcoin Bull Run Will Return, Arthur Hayes Reveals Timeline
In a new essay, Arthur Hayes, the co-founder of crypto exchange BitMEX, has outlined a bullish future for Bitcoin and altcoins. His analysis, focused on the interplay between government liquidity operations and asset prices, suggests a looming bull market in the crypto space, driven by strategic fiscal maneuvers by the US Treasury. When Will The Bitcoin Bull Run Return? Hayes compares the quality of water in brewing coffee to the liquidity in financial markets, illustrating that just as the quality…
10 months ago
India’s Oil Transaction with UAE Using XRP Ledger: Is This the Catalyst for Altcoin Growth?
India has made a bold move by completing an oil transaction with the UAE using the XRP Ledger. This game-changing event raises the question: could altcoins see a surge in popularity as a result? Read this article to learn more. India's recent crude oil transaction using local currencies, bypassing the US Dollar, marks a significant shift in global trade dynamics. This development is integrated with the XRP Ledger System's CryptoTradingFund (CTF), allowing customers to earn CTF tokens as cashback on…
10 months ago
Trading Veteran Who Bought Dogecoin Early Claims This $0.03 AI Altcoin is Poised for a 4,355% Rally
A seasoned trader known for his early Dogecoin investment is now turning heads with a bold prediction. He identifies a lesser-known AI cryptocurrency, currently cheap at $0.03, as the next big thing. With a staggering forecast of a 4,355% surge, this claim has piqued curiosity. Discover the potential breakout coins sparking interest in the crypto world. CYBRO Presale Advances as Demand for AI-based Tokens Surges The CYBRO presale has rapidly advanced to its fifth stage, amassing over $1.6 million. This…
10 months ago