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
Peter Schiff Takes a Dig at Bitcoin as BTC Price Tumbles Amid Rising Iran-Israel Tension
While the past several weekends went quite calmly for Bitcoin and the entire crypto market, this time, things are significantly different. Whether propelled by yesterday’s announcements by a few presidents of the US Federal Reserve or today’s reports of Iran preparing an attack against Israel, the reality is that BTC’s price has tumbled hard, and the altcoins have shed even more value. This seems like the perfect opportunity for a perma-bear like Peter Schiff to open up another can of…
1 year ago
Another $700 Million in Liquidations as Bitcoin (BTC) Dumps to $61K, Altcoins Bleed Out
The cryptocurrency markets plummeted on Friday evening, and the same violent scenario was repeated once again on Saturday. The entire market has bled out, with another $200 billion leaving the space. The total liquidations have skyrocketed to $700 million after the $900 million last night. BTCUSD. Source: TradingView It was all going well for the primary cryptocurrency until Friday evening, as the asset had calmed at around $70,000-$71,000. However, the situation changed following the latest US Fed speeches that didn’t…
1 year ago
Biden, Scholz, and Macron Can Learn: El Salvador Holds Steady on Bitcoin, Refuses to Change BTC Law for a $1.4B Credit from IMF
The International Monetary Fund wants El Salvador to change its Bitcoin laws. A loan of $1.4 billion is on the line, stirring a dicey situation for the Caribbean nation. El Salvador known for its unwavering stance on Bitcoin (BTC) has maintained its crypto policies, refusing to amend the Bitcoin law in exchange for a $1.4 billion credit from the International Monetary Fund. This decision from El Salvador has raised discussions on lessons for Joe Biden, Olaf Scholz, and Emmanuel Macron…
1 year ago
We Asked ChatGPT if Bitcoin’s (BTC) Market Cap Can Hit $3 Trillion After the Halving
TL;DR Bitcoin’s market cap may reach $3 trillion post-halving, driven by several important factors. Opinions on BTC’s future value vary, with optimistic projections as high as $100K, alongside broader industry growth expectations led by figures like Ripple’s CEO. The Halving’s Possible Impact Bitcoin’s market capitalization recently reached an all-time high of over $1.43 trillion, with the figure currently standing at around $1.32 trillion. The asset’s price performance has been quite impressive in the past month, with many industry participants expecting…
1 year ago
BTC Whales Buy the Dip; Analysts Explain Why XRP and New Altcoin Have Huge Potential in this Bull Cycle
The post BTC Whales Buy the Dip; Analysts Explain Why XRP and New Altcoin Have Huge Potential in this Bull Cycle appeared first on Coinpedia Fintech News TLDR: Bitcoin whales bought the recent dip sparked by the latest CPI report. BitBoy has stated that Ripple (XRP) could be one of the most bullish altcoins in this bull market. Similarly, NuggetRush is a new altcoin that has shown promise as a market potential leader. Data shows that whales stacked Bitcoins (BTC)…
1 year ago
Bitcoin (BTC) Price Tumbles $6K, Liquidations Skyrocket to $500M in 1 Hour
Bitcoin’s price failed to overcome the $71,000 level decisively today, and the subsequent rejection pushed the asset south hard, dumping to around $65,000. The altcoins have suffered even more, with numerous double-digit losses from the likes of XRP, SOL, DOGE, TON, ADA, and many more. BTCUSD. Source: TradingView CryptoPotato reported earlier BTC’s attempts to overcome $71,000, which had little success. The bears managed to intercept the moves and pushed the cryptocurrency south to around $70,000. However, that was just the…
1 year ago
BlackRock’s iShares Bitcoin Trust (IBIT) Closing Gap on Grayscale’s Bitcoin Trust (GBTC) with 50K BTC Difference
BlackRock IBIT is closing the gap against Grayscale Investments in terms of Bitcoin holdings. Spot Bitcoin ETF momentum is growing with a visible impact on BTC price. The competition amongst issuers of the spot Bitcoin Exchange-Traded Fund fighting for Bitcoin dominance is intensifying as BlackRock inc’s iShares Bitcoin Trust (IBIT) gets close to being equal to Grayscale’s Bitcoin Trust (GBTC). Recent data from Bitcoin ETF tracker Apollo reveals that the amount of Bitcoin held by IBIT is getting close to…
1 year ago
After BTC Halving: 3 Coins Primed for 3000% ROI Growth
The anticipated shift in the Bitcoin ecosystem has opened doors for significant growth opportunities in the cryptocurrency market. As the next bull run starts to take shape, attention is turning toward select coins that might deliver substantial return on investment. With historical patterns as a guide and market dynamics in play, this article delves into three cryptocurrencies that analysts predict could surge by as much as 3000%. Investors seeking high-reward opportunities will find this analysis critical in identifying potential high-growth…
1 year ago
Top 4 Low-Cap Cryptos Ready to Surge Even If BTC Price Goes Down After Halving
As the Bitcoin halving approaches, certain lesser-known coins are showing signs of significant momentum. These cryptos, with smaller market values, could show robust growth regardless of bitcoin's next move. Investors are looking for potential breakout stars in this environment, especially given the current bull run. The focus is on four such currencies that are positioned to potentially outperform, attracting savvy market watchers eager to spot opportunities. BlastUP Presale: The 1st Launchpad in the Blast Ecosystem is Live! BlastUP is a…
1 year ago