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
Could Bitcoin Outshine Gold? Trading Guru Weighs In On The Historic Financial Duel
In the digital asset world, the only valid rival for Bitcoin asides Ethereum is often regarded as Gold. So far, many analysts and experts have continued to make comparisons between these two assets especially to see what price Bitcoin could trade at if it had the same market cap as Gold. Speaking on a similar topic, Peter Brandt, a trading guru with decades of experience in the trading space has recently shared insights, focusing his analysis on the ongoing rivalry…
11 months ago
Morgan Stanley Authorizes Advisors To Offer Bitcoin ETF Products, Report
Morgan Stanley, one of the largest investment banks in the United States, has announced that it will soon allow its 15,000 financial advisors to offer Bitcoin ETF (exchange-traded fund) products to eligible clients. Interestingly, this is the first time a major Wall Street bank has given its wealth management division the green light to promote crypto-based investment products. Bitcoin ETF Exposure For High-Net-Worth Investors According to a CNBC report, sources familiar with the policy change said that Morgan Stanley will…
11 months ago
Crypto Analyst Warns That Bitcoin Could Crash To $42,000 If This Happens
In a recent price analysis, a crypto analyst has highlighted a crucial support level for Bitcoin (BTC), emphasizing the possibility for the pioneer cryptocurrency to plummet significantly to new lows if it fails to maintain certain key levels. Bitcoin Risks Crash To $42,000 On August 1, the pseudonymous crypto analyst DonAlt shared an in-depth price analysis and future outlook of Bitcoin on the TechnicalRoundup YouTube channel. According to the analyst Bitcoin could experience a potential price crash to $42,000 if…
11 months ago
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BitcoinMorgan Stanley’s Bold Move: Bitcoin ETFs for Elite Clients Only!
The post Morgan Stanley’s Bold Move: Bitcoin ETFs for Elite Clients Only! appeared first on Coinpedia Fintech News The big shot on Wall Street Morgan Stanley, just dropped a major news. From August 7th onwards its financial advisors can start recommending Bitcoin ETFs to their eligible clients. This is a huge deal for the crypto world, mixing old-school finance with the new digital stuff in a way we haven’t seen before. Exclusive Offer for the Elite In April Morgan Stanley…
11 months ago
SHOCKING! Trump Wants to Use Bitcoin to Clear America’s $35T Debt!
The post SHOCKING! Trump Wants to Use Bitcoin to Clear America’s $35T Debt! appeared first on Coinpedia Fintech News Donald Trump has been very vocal about Bitcoin and cryptocurrency since the start of his re-election campaign. On August 2nd, he gave an interview to Maria Bartiromo from Fox Business. During the interview he shared his views about strengthening the US economy. During his interview, the Presidential candidate Donald Trump suggested paying off the country’s debt with Bitcoin. A video clip…
11 months ago
Research Firm Predicts Bullish Bitcoin Breakout For Q4: 4 Key Reasons
Matrixport, a digital asset financial services group born from Bitmain, an industry leader in Bitcoin mining, projects a bullish breakout for Bitcoin in the upcoming fourth quarter of 2024. In their latest research report titled “Matrix on Target: Bullish Prospects for Bitcoin in Q4,” the firm provides four reasons to be bullish in the upcoming weeks. #1 Narrowing Trading Range Signals Breakout Matrixport’s analysis begins with a technical assessment of the recent Bitcoin price action. Historically, Q3 has posed significant…
11 months ago
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BitcoinFox’s Tucker Carlson Drops Bombshell: Did The CIA Create Bitcoin?
The real identity of Satoshi Nakamoto, the creator of Bitcoin, has remained a mystery despite Bitcoin being a decade and a half old. It has become the best kept secret in crypto, leading to various theories of who the creator might be. Many theories have pointed to prominent figures, with software developer Craig Wright claiming he’s the creator. However, Fox Television’s Tucker Carlson has gone down a different route, fingering a United States intelligence agency as the creator. Did The…
11 months ago
Investors Stock Up Amid Bitcoin Price Dip – Top 3 Coins Ready to Explode in the Coming Bull Rally
Amid a notable decline in Bitcoin's value, savvy investors are seizing the opportunity to bolster their portfolios. This strategic accumulation signals potential lucrative outcomes as the market anticipates a resurgence. This article delves into three cryptocurrencies poised for significant growth in the impending bull rally: Avalanche (AVAX), Toncoin (TON), and TRON (TRX). Avalanche (AVAX) Faces Bearish Trend, Yet Eyes Impressive Potential Upside Avalanche (AVAX) has experienced a significant downturn, with a one-month performance showing a nearly 16% decline and a…
11 months ago
Mt Gox Bitcoin Creditor Plans To File Lawsuit, Faces Criticism
The post Mt Gox Bitcoin Creditor Plans To File Lawsuit, Faces Criticism appeared first on Coinpedia Fintech News A recent post on the Mt. Gox insolvency subreddit has sparked significant controversy and backlash among community members. A Mt. Gox creditor’s Bitcoin claim was waived off by the defunct exchange. The move was taken due to no response on the creditor emails sent by the collapsed exchange. Hence, the creditor seeks to take legal action to claim their share in the…
11 months ago