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
Bitcoin.org’s Owner Foresees Split in BTC Community, Chainlink Rival Ready for Breakout
Speculations surrounding the number one cryptocurrency, Bitcoin (BTC), changing its focus and scope have picked up. Cobra, the pseudonymous owner of Bitcoin.org, an independent open-source website that provides information about Bitcoin, predicts a new battle. The struggle would be between those who wish to change the BTC structure and those who want it to remain the same. Despite this significant discourse, the crypto market remains unchanging as thriving altcoins catch investors’ attention. The Chainlink (LINK) rival, InQubeta (QUBE), is on…
1 year ago
Bitcoin (BTC) Price Crash, Shiba Inu (SHIB) Developments, Ripple (XRP) Forecasts: Bits Recap April 15
TL;DR Bitcoin’s price fell by $10,000, possibly influenced by potential US rate hikes and geopolitical tensions, but showed signs of recovery with an anticipated boost from the upcoming halving event. Shiba Inu’s Shibarium network saw a significant increase in daily transactions, signaling growing activity and potential for future gains. Despite a recent price drop, analysts remain optimistic about XRP, viewing it as a buying opportunity with expectations for an upward trend. BTC’s Massive Plunge The last few days were not…
1 year ago
XRP Price Poised for 70% Surge Against BTC Post Bitcoin Halving: Here’s Why
XRP has been dipping against Bitcoin this year, but analysts point out that historically, XRP reverses the trend immediately after the halving as the altseason kicks into high gear. XRP/BTC has also been trading inside a falling wedge pattern for two months, setting it up to reverse the trend and flip bullish, with a 70% surge expected. XRP has underperformed in the current bull run, gaining a mere 1.5% in the past six months while others like Solana and Avalanche…
1 year ago
With BTC Price Stuck Around $65,000: Here is the Bullish Perspective for Bitcoin in the Long Term
The post With BTC Price Stuck Around $65,000: Here is the Bullish Perspective for Bitcoin in the Long Term appeared first on Coinpedia Fintech News The upcoming halving has been largely seen as a bullish event in the crypto space, with the majority of tokens facing a decent upswing, led by Bitcoin. After soaring above $65,800, the bears again became vigilant, which has been mounting enough selling pressure over the token. As a result, the BTC price has again dropped…
1 year ago
Bitcoin & Ethereum Price Prediction: How High Can BTC & ETH Price Surge This Bull Run
The post Bitcoin & Ethereum Price Prediction: How High Can BTC & ETH Price Surge This Bull Run appeared first on Coinpedia Fintech News Crypto analyst Crypto Kid delivered a mixed message to the cryptocurrency community, sounding the alarm on a potential Bitcoin downturn. While acknowledging the short-term dip, Crypto Kid delved into the analysis of Bitcoin’s price action, highlighting the formation of a double top pattern and the significance of key support levels. He outlined potential scenarios, indicating that…
1 year ago
Analyst Says Chainlink Presents The Opportunity Of A Lifetime, BTC and KangaMoon Ready For Major Pump
The post Analyst Says Chainlink Presents The Opportunity Of A Lifetime, BTC and KangaMoon Ready For Major Pump appeared first on Coinpedia Fintech News The next Bitcoin (BTC) halving is closing in by the day, and many predictions are flying around lately concerning the prices of many altcoins. While some present golden opportunities for investment, others are at their peaks where a major drop is unfortunate for investors. Recently, Michael van de Poppe hinted that the Chainlink (LINK) token is…
1 year ago
Bitcoin ETF Issuers Push Holdings To 4.27% Of BTC Supply Amid Crash To $61,000
There’s no denying the launch of Spot Bitcoin ETFs has done wonders for the price of Bitcoin and other cryptocurrencies in general. These ETFs have now unlocked institutional demand into the world’s largest crypto asset to change the dynamics ahead of the next halving. On the other hand, recent tensions between Iran and Israel have seen Bitcoin falling to as low as $61,000 in the past 24 hours to undo weeks of price increases. Bitcoin ETF Wallets Now Whale Addresses…
1 year ago
Crypto Markets Lost Over $400B as Bitcoin (BTC) Slumped by $10K in 2 Days (Weekend Watch)
In yet another eventful and painful evening trading on Saturday, Bitcoin’s price tumbled by another five grand to a multi-week low of around $61,000. The alternative coins were hit even harder, with numerous double-digit price declines. The main culprit for this crash was the rising tension between Iran and Israel. BTC’s Rollercoaster Continues It was just 48 hours ago when BTC’s price hovered calmly above $70,000, and it even challenged $71,000, but to no avail. Yet, the landscape changed for…
1 year ago
Bitcoin Losing Crucial Support: Here is What One Can Expect from the BTC Price Rally
The post Bitcoin Losing Crucial Support: Here is What One Can Expect from the BTC Price Rally appeared first on Coinpedia Fintech News Bitcoin witnessed a severe downfall, while the other major altcoins also faced a similar consequence, and the pullback is considered a healthy plunge as of now. Besides, the rally is progressing very quickly, which has been raising concerns about its impact on the rally as speculations of a ‘black swan’ emerge, but it appears to be a…
1 year ago