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…
BNB
Crypto Price Analysis 7-04 BTC, ETH, SOL, BNB, ADA, UNI, DOGE, APT
Bitcoin (BTC) has seen a sharp drop during the week, with selling pressure continuing to mount. The cryptocurrency is struggling to trade above $60,000 and is down by over 2% during the ongoing session. Additionally, the gains made by altcoins are also beginning to turn red as the crypto market sees a significant slide. Is this a correction, or are we seeing the bull market ending? Bitcoin (BTC) Dives Below $60,000 Bitcoin (BTC) fell to a low of $59,317 on…
11 months ago
Crypto Price Analysis 7/03 BTC, ETH, SOL, BNB, TON, LINK, ICP, HBAR
Bitcoin (BTC) is back in the red during the current session after failing to break past the $64,000 mark on Tuesday. Many were buoyed by Bitcoin’s recent price movements and expected the recent price rise to signal the end of the asset’s recent correction, with the price set to reach new highs. Bitcoin (BTC) Price Analysis Bitcoin (BTC) has started the current session firmly in the red after ending Tuesday just above the $62,000 mark, as sellers made a strong…
11 months ago
Crypto Price Analysis 7/01 BTC, ETH, BNB, SOL, DOT, DOGE, ADA, UNI
Despite bearish predictions, Bitcoin (BTC) has crossed $63,000, rebounding after hitting its support level of $60,000 on Friday, with buyers entering the market and pushing the price higher. In the short term, analysts expect Bitcoin to stay between $60,000 and $64,000, with the potential to break out of this range after a couple of weeks. A Tussle Between The Bulls And The Bears Last week, Bitcoin dropped slightly below its support level of $60,000. However, lower levels attracted a large…
11 months ago
BNB, KAS, PENDLE, and BRETT: Cryptos Poised for July All-Time Highs
BNB has lost over 20% since hitting this year’s high on June 6, but technical indicators show that it might be time to buy the token, which could hit new highs in July. Ethereum DEX protocol Pendle, Base-based meme coin Brett, and high-scaling Kaspa are the other tokens poised to surge in July after momentum waned toward the end of June. After the crypto market recorded a bullish start in June, where most tokens hit their highest since March, the…
11 months ago
Court Ruling a Major Blow to SEC in BNB Coin Case
The court dismissed the SEC’s bid to classify BNB sales on secondary markets as securities. Ruling highlights need to consider transaction specifics and context in securities classification. The US Securities and Exchange Commission (SEC) suffered a major setback in its attempt to categorize as securities the sales of Binance USD (BUSD) stablecoin and its native token, BNB, on secondary markets. Referring to the 2023 decision in the SEC v. Ripple Labs case, Judge Amy Berman Jackson signed a court document…
11 months ago
Week in Crypto: BNB Sees $555 Low, as Raboo Outruns Shiba Inu Down 80% From ATH
The post Week in Crypto: BNB Sees $555 Low, as Raboo Outruns Shiba Inu Down 80% From ATH appeared first on Coinpedia Fintech News BNB has recovered from its dip to $555 while Shiba Inu’s 80% decline from its previous ATH has caused investors to consider a new presale token that analysts have tipped as to become of the top altcoins in the crypto world. Raboo continues to surge with a 60% increase since Stage 1 and has raised almost…
12 months ago
Binance Crosses 200 Million Users as BNB Consolidates, SHIB Hits Critical Resistance, and DTX Explodes
The cryptocurrency market is a whirlwind of constant activity, with established players making headlines alongside rising stars. This week is a prime example, showcasing significant developments for three key players: Binance, Shiba Inu (SHIB), and DTX Exchange. Binance, the industry leader, has achieved a monumental milestone. SHIB, the meme coin with a passionate following, faces a critical test. And DTX Exchange, a new name in the game, is experiencing explosive growth. Let’s delve deeper into these events and explore their…
12 months ago
Crypto Price Analysis 6/28 BTC, ETH, BNB, SOL, TON, AVAX, LINK, LTC
The short-term trends for the cryptocurrency markets look shaky, although the potential for relief remains. Bitcoin (BTC) is struggling to move past the $62,200 and $62,400 levels. Bitcoin had started the week with a drop of 4.48%, facing intense selling pressure as bears pushed it to a low of $58,474 before buyers could push the price back above $60,000. Bitcoin Spikes On Back On Trump-Biden Debate Bitcoin has spiked by over 1%, buoyed by Republican presidential candidate Donald Trump widening…
12 months ago
Weekly Crypto News: BNB, BTC, RBLK, ADA, and DOT Round-Up
The crypto bear market has stalled the upward momentum of major coins, including Bitcoin, Binance Coin (BNB), Cardano (ADA), and even Polkadot‘s DOT. After BTC dropped to its current price below $62,000, crypto news headlines were ablaze with FUD about the market’s future. Amid all the noise, one promising altcoin proves naysayers wrong – Rollblock ($RBLK). The online gambling market is growing fast, and Rollblock is decentralizing this $450 billion gambling industry with an ingenious play-to-earn online casino. In its…
12 months ago