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
Curiosity Levels Spike on $RECQ as Presale Continues to Excel Amid Price Turbulence on Bitcoin and Ethereum
TLDR $RECQ offers 237% gains by the end of the presale. BTC is poised to continue its downward trend. ETH could decrease beneath the $2,700 level. Rebel Satoshi’s $RECQ is gaining recognition as one of the most viable investments in 2024 due to its exceptional performance at the ongoing presale. On the other hand, analysts expect pronounced corrections within the next Bitcoin (BTC) and Ethereum (ETH) price movements. Let’s examine the details and try to detect the best crypto investment…
1 year ago
Standard Chartered Forecasts $150,000 Bitcoin Price by Year-End Amidst Market Volatility
Standard Chartered sticks to $150,000 Bitcoin target despite recent price dips, citing market cyclicity and ETF growth. Geoff Kendrick, head of digital assets research, remains confident in Bitcoin’s rebound potential amid geopolitical tensions. Standard Chartered, a leading financial institution, reaffirmed its bullish prediction for Bitcoin’s price, setting a year-end target of $150,000. The prediction comes from Geoff Kendrick, head of digital assets research at Standard Chartered, who remains optimistic despite recent setbacks in Bitcoin’s value. Bitcoin had a significant pullback…
1 year ago
Turbulence for Bitcoin as the Graph and new AI altcoin secure whales’ trust
Bitcoin’s (BTC) value declined sharply, dropping around 15% over the past week. This unanticipated fall has caused unrest among traders and investors, who were optimistic following a recent upswing. Now, analysts are contemplating when the market might stabilize and initiate recovery. Despite this downturn; Bitcoin has exhibited resilience, with signs of a potential rebound. Meanwhile, The Graph (GRT), a pivotal player in blockchain data indexing, has demonstrated promising growth during this period. Likewise, InQubeta (QUBE) has achieved noteworthy progress by…
1 year ago
Standard Chartered Reaffirms $150,000 Bitcoin Price Target By Year-End
Geoff Kendrick, head of digital assets research at Standard Chartered, recently reiterated the bank’s ambitious Bitcoin price target of $150,000 by the end of this year, despite current market volatility and geopolitical tensions. In a comprehensive interview with BNN Bloomberg, Kendrick highlighted the significant role of ETF inflows and upcoming halving events in driving Bitcoin’s price. Why Bitcoin Is Set For A Rally To $150,000 By Year-End One of the principal drivers identified by Kendrick is the remarkable influx of…
1 year ago
Kelexo (KLXO) Lending Model Draws THORChain (RUNE) & Fantom (FTM) Enthusiasts Anticipating Major Gains with Bitcoin (BTC) Halving Imminent
According to experts, the future is synonymous with DeFi and with the much-anticipated Bitcoin (BTC) halving ever-so-close, investing in decentralized projects now could yield a sizable return on your investment. As a result, seasoned traders have been monitoring Kelexo's (KLXO) gains even during the initial stages of its presale, specifically traders from the communities of THORChain (RUNE) and Fantom (FTM). THORChain (RUNE) Looking More Bearish By The Day THORChain (RUNE) was created by GitLab to make it simple for users…
1 year ago
Bitcoin bull market soon to enter next phase
The current consolidation and accumulation phase for bitcoin could be coming to an end. The $BTC price is rising towards the top of its bull flag, and a breakout could signify the beginning of the next phase of the bitcoin bull market. Bitcoin grinds higher despite failing economies Amidst the financial turmoil that is gripping economies around the world, bitcoin can hopefully still be relied upon to play out the rest of its bull market. This is the kind of…
1 year ago
US Bitcoin Mining Stocks Surge After the Halving
On Monday, crypto-related stocks in the United States saw significant increases, reflecting a broader market rally just days after the Bitcoin halving. Despite the event, which reduced mining rewards to 3.125 BTC per block, some of these stocks recorded double-digit percentage gains. Double-digit Percentage Gains According to data from Google Finance, the country’s five largest publicly traded Bitcoin miners, including Marathon Digital (MARA), CleanSpark (CLSK), Riot Platforms (RIOT), Cipher Mining (CIFR), and Hut 8 (HUT), all witnessed substantial gains over…
1 year ago
Bitcoin Minetrix ICO to End in 5 Days: Users Get Last Chance to Participate in $13M Project
The presale of Bitcoin Minetrix is nearing a close with only five days left for investors to grab tokens at a discounted price. The presale has pushed records, reaching $13 million so far and showing no signs of slowing down as the finish line draws near. Bitcoin Minetrix offers a new form of Bitcoin mining with a novel stake-to-mine concept. Staking BTCMTX tokens earns users non-tradeable ERC-20 tokens that can then be burned in exchange for Bitcoin cloud mining power.…
1 year ago
Bitcoin Market Dynamics Remain Bullish Post-Halving: Bitfinex
The market dynamics for Bitcoin’s post-4th-halving era are currently positive, suggesting that investors anticipate higher prices and miners are adjusting their strategies well. According to the new Bitfinex Alpha report, bitcoin (BTC) selling by long-term holders has not yet led to the typical pre-halving drop, suggesting that new market entrants are absorbing the selling pressure efficiently. Miners Adjust Strategies The halving, which has enhanced bitcoin’s scarcity over time, has reduced its daily supply to $40-$50 million. Analysts expect these numbers…
1 year ago