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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Dell Technologies CEO’s Bitcoin Tweets Ignite Crypto Community Speculation
Dell Technologies CEO Michael Dell has sparked a flurry of discussion and speculation within the crypto community after showing an interest in Bitcoin (BTC) on social media. This unexpected move by the tech billionaire has left many wondering if Dell Technologies might be considering a deeper foray into the crypto space, much like other high-profile executives in the tech industry. Is Dell Eyeing Bitcoin? CEO’s Social Media Moves Spark Speculation Dell initiated engagement with a tweet suggesting that “scarcity creates…
1 year ago
Standard Chartered Ventures into Crypto: Launches Bitcoin and Ether Trading Desk in London
Financial banking giant Standard Chartered has confirmed plans to launch a Bitcoin (BTC) and Ethereum (ETH) trading desk in London. The move is in line with a growing trend in institutional adoption for cryptocurrencies that could drive prices higher. Billion-dollar banking giant Standard Chartered has revealed that it is nearing the opening of a Bitcoin (BTC) and Ethereum (ETH) trading desk in London. The banking giant is working on a new trading desk that will expose its institutional clients to…
1 year ago
Arthur Hayes Predicts Bitcoin Boost Amid Looming Japan Banking Crisis
The Japanese banking sector is on the brink of a crisis that will force the sale of close to a trillion dollars worth of US Treasury bonds, which Arthur Hayes says will revive Bitcoin. The ex-BitMEX CEO says that the US Fed will jump in to prevent the open-market dump by offering to print dollars for the Bank of Japan, and this liquidity will inevitably flow into Bitcoin. A crisis beckons in Japan. For years, Japanese banks have been scooping…
1 year ago
Bitcoin Loses Momentum Amid Market Downturn, But This Ethereum Token Is Far From Done
The post Bitcoin Loses Momentum Amid Market Downturn, But This Ethereum Token Is Far From Done appeared first on Coinpedia Fintech News Bitcoin (BTC) loses momentum as its price falls below the short-term holder’s realized price of $65,800. This could kickstart a wave of panic selling, leading to significant losses for Bitcoin (BTC) and other crypto assets. Amidst this market downturn, the popular Ethereum token ETFSwap (ETFS) defies market trends and provides investors, with an alternative avenue to yield substantial…
1 year ago
Raboo Draws Interest From Uniswap And Bitcoin Holders, Dynamic Presale Emerges As Top Pick!
The post Raboo Draws Interest From Uniswap And Bitcoin Holders, Dynamic Presale Emerges As Top Pick! appeared first on Coinpedia Fintech News New coins and tokens enter the market daily, and many exit as fast as they come without getting the interest of top guys like Uniswap (UNI) and Bitcoin (BTC) holders. But not for the new coin, Raboo ($RABT). The new market favourite is fast becoming the go-to token for high profits. With over $1.6 million in presales and…
1 year ago
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BitcoinHow Javed Khan Turned Bitcoin Investments into a Bentley
Javed Khan used Bitcoin for easy transfers, later leveraging price dips to grow his investment. In 2020, Javed Khan cashed in Bitcoin profits to purchase a Bentley, fulfilling a lifelong dream. Though stories of quick money acquisitions are not unusual in the cryptocurrency industry, few are as motivating as Javed Khan’s. His path to owning a Bentley after using Bitcoin for basic money transfers demonstrates the revolutionary possibilities of cryptocurrency investments. Javed Khan’s First Spark It was entirely utilitarian when…
1 year ago
Circle CEO is More Bullish Than Ever on Bitcoin, XRP, and Crypto – Interview
Circle’s CEO is very optimistic about the future of crypto, believing it is in the early stages of widespread adoption. Regulatory developments and advancements in blockchain technology are boosting market confidence. Jeremy Allaire, co-founder and CEO of Circle, has expressed unprecedented optimism about the future of cryptocurrency. Circle, known for issuing USDC, the world’s second-largest stablecoin by market cap, is positioned at the forefront of digital asset innovation. Allaire, a long-time participant in the crypto industry, believes that the market…
1 year ago
Bitcoin, Ethereum, And XRP Price Prediction: Top Tokens To Retest Their Crucial Support?
The post Bitcoin, Ethereum, And XRP Price Prediction: Top Tokens To Retest Their Crucial Support? appeared first on Coinpedia Fintech News The crypto market has constantly traded under a bearish sentiment for a brief period, indicating an increase in the selling pressure within the crypto space. Moreover, the market leader, BTC price has failed to hold its value above the $65,000 mark. Following in its footsteps, the altcoin leader, the Ethereum token has recorded a consolidated price action over the…
1 year ago
Top Crypto News This Week: Crypto Market Faces $100B Loss as Bitcoin Price Struggles Below $64K
The post Top Crypto News This Week: Crypto Market Faces $100B Loss as Bitcoin Price Struggles Below $64K appeared first on Coinpedia Fintech News Last week, the crypto market faced a steep $100 billion loss, pushing Bitcoin below $64,000. Despite multiple recovery attempts, Bitcoin struggled to regain stability, peaking at $66.5K before dropping to $63.4K. The upcoming week may see continued pressure, with bearish trends possibly halting any recovery. Meanwhile, positive market developments and regulatory news made Ethereum losing only…
1 year ago