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…
BTC
Important Ripple v. SEC Lawsuit Developments, Bitcoin (BTC) Volatility, and More: Bits Recap April 25
TL;DR Bitcoin (BTC) rose significantly post-halving, hitting $67K, but recently dropped to $64,000. Future projections suggest a potential rise to $150,000 by end of 2024. Ripple is currently in a trial phase with the SEC over XRP’s security classification, resisting a $2 billion fine and arguing for a maximum of $10 million. One popular attorney envisioned a potential settlement around $100 million to be reached this summer. Despite a recent 8% price drop, SHIB’s market indicators, like low exchange reserves…
1 year ago
Old Bitcoin Whales Moving Coins: Will This Help Push BTC Above $74,000?
While Bitcoin struggles to extend gains, on-chain data shared by Ki Young Ju, the founder of CryptoQuant, on X shows increased movement of old coins. As the Bitcoin Average Dormancy chart shows, this trend recently hit a 13-year high. More Old Whales Moving Coins The Bitcoin Average Dormancy shows the average number of days each BTC has been dormant. On-chain data indicates that coins held for 3 to 5 years have changed hands and moved to new owners. While there was movement,…
1 year ago
Arthur Hayes Believes Bitcoin Will Not Stop at $100K; Rebel Satoshi ($RECQ) Presale Could Capitalize on BTC Uptrend for Massive Gains
After the Bitcoin (BTC) halving, top crypto experts are optimistic that BTC will surge to $80,416 by the end of April. Blockchain ICO experts have tipped Rebel Satoshi’s $RECQ token to become the best altcoin as the coin rises by 85%. As the Bitcoin halving reaches completion, analysts have put forth different price forecasts for top crypto coins. Arthur Hayes, a top crypto founder, has made a bold, bullish prediction. As experts remain bullish on BTC, Rebel Satoshi‘s $RECQ token…
1 year ago
Here are the Top 5 Gainers in the Bitcoin (BTC) Ecosystem YTD: Details
TL;DR Core (CORE) has significantly outperformed Bitcoin and many other major cryptocurrencies with a 350% price surge this year. Other digital assets related to BTC’s ecosystem, such as Sovryn (SOV) and Ordiswap (ORDS), also reported notable gains, with increases of 210% and 100%, respectively. CORE Leads the Pack Bitcoin (BTC) has been making serious waves since the beginning of the year, with its price rising from approximately $42,000 on January 1 to almost $67,000 on April 24 (a 60% increase).…
1 year ago
Dogwifhat & The Graph Traders Pivot to Kelexo (KLXO) P2P Lending, Eyeing High Returns as BTC Halving Fuels Market Excitement
The post Dogwifhat & The Graph Traders Pivot to Kelexo (KLXO) P2P Lending, Eyeing High Returns as BTC Halving Fuels Market Excitement appeared first on Coinpedia Fintech News Dogwifhat (WIF) and The Graph (GRT) are on traders’ radars as they try to find their way in the furious crypto market. On the other hand, Bitcoin (BTC) reached its significant milestone, overcoming a key resistance level. Dogwifhat (WIF) wild ride shows how volatile meme coins are, but experts say it may…
1 year ago
Bitcoin (BTC) Price to Consolidate Longer Before a Parabolic Rally: Here’s Why
The post Bitcoin (BTC) Price to Consolidate Longer Before a Parabolic Rally: Here’s Why appeared first on Coinpedia Fintech News Five days after the fourth Bitcoin (BTC) halving, the flagship coin is still trapped inside a horizontal range between $60,000 and $74,000. Bitcoin’s price has been grinding higher in the past two weeks, trading at about $66,377 on Wednesday during the mid-London session. The trading instrument has established a solid support level of around $64,903, which could hold in a…
1 year ago
HBAR Skyrockets 60% Amid BlackRock Confusion, BTC Aims at $67K (Market Watch)
Bitcoin tried to take down the $67,000 level once more in the past day or so but failed to overcome it decisively and now sits inches below it. The altcoins are well in the green, with ETH jumping to $3,250 and TON recovering some of the most recent losses. HBAR is today’s top performer after some interaction with BlackRock. BTC Goes After $67K Bitcoin’s price faced massive volatility last week, mostly driven by the escalating tension between Iran and Israel.…
1 year ago
Bitcoin Price Prediction: BTC Price Expected to Reach $80K-$90K in Coming Expansionary Phase
The post Bitcoin Price Prediction: BTC Price Expected to Reach $80K-$90K in Coming Expansionary Phase appeared first on Coinpedia Fintech News As Bitcoin breaks through key resistance levels and bullish momentum builds across the crypto market, investors are optimistic about further upside potential. With technical indicators pointing to a potential reversal and strong support from ETF inflows, the stage is set for a sustained upward trajectory. Bitcoin’s Current Stance Analyst Miles explained the importance of Bitcoin’s price action, particularly its…
1 year ago
Bitcoin (BTC) Fails to Attract Safe-Haven Flows: Kaiko
While bitcoin’s performance over the last couple of years has been nothing short of spectacular, the latest analysis suggests that the world’s largest cryptocurrency has failed to attract safe-haven flows. This was evident in the case of an increased demand for such assets following the escalating conflict in the Middle East, according to Kaiko. Bitcoin Struggles to Capture Safe-Haven Status While gold and the US dollar have rallied, bitcoin’s value dropped by 6% in April. One potential reason for this…
1 year ago