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…
Bitcoin Trading
Fidelity May Offer Bitcoin to its 34M Retail Clients
Leading investment firm Fidelity is set to offer its massive customer base the chance to trade Bitcoin through its online brokerage service. The news emerged via a report from Wall Street Journal which highlighted sources with ties to the company. Speculation is Still Ongoing Fidelity manages roughly 34.4 million brokerage accounts, making it one of the biggest investment management firms globally. According to reports, the company is considering bringing BTC trading options to its retail investors. Such a move would…
3 years ago
End of Year Price Projections of Major Coins in the Crypto Market
Despite the wild swings across multiple assets, the broader crypto market has soared to hit a combined market cap of $2 trillion in 2021. Bitcoin, the leader of the crypto pack, has fluctuated between $30K and $64.5K this year in one of the most volatile phases in the coin's history. The flagship crypto is currently hovering around the $40K zone, with crypto experts and market analysts divided over the coin's price action in the coming months. Meanwhile, Ethereum (ETH) is…
4 years ago
Bitcoin Exit Strategies: An In-depth Guide
Entering a Bitcoin trade at an opportune moment can be a hassle. But exiting a trade can be far more challenging, especially if you lack a solid exit strategy. Not knowing when to exit a market can result in making premature profits or becoming an unwilling Bitcoin holder. If you're thinking of taking some of your Bitcoin profits and reinvesting it in other sectors or paying some bills, you need to develop an effective exit strategy. Here, we look at…
4 years ago