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
Dogecoin’s Bull Run, Bitcoin (BTC) Uncertainty Around $70K, Dogwifhat (WIF) Rally: Bits Recap April 1
TL;DR Bitcoin (BTC) remained around the $70K mark with slight fluctuations, amidst bullish predictions and the upcoming halving event, suggesting a potential rally. Dogecoin (DOGE) experienced a notable price surge last week, crossing the $0.22 mark for the first time since November 2021, with analysts forecasting further increases. Dogwifhat (WIF) saw significant growth, reaching a new peak and becoming the third-largest meme coin by market cap. The Calm Before the Storm for BTC? The primary cryptocurrency did not experience any…
1 year ago
Bitcoin Halving Approaches: BTC Price Eyes $74K Mark Amidst Market Volatility
The post Bitcoin Halving Approaches: BTC Price Eyes $74K Mark Amidst Market Volatility appeared first on Coinpedia Fintech News As Bitcoin braces for its halving event in just 23 days, according to data, market observers are closely monitoring its price dynamics amidst a period of consolidation. The impending halving, scheduled for April, has sparked renewed bullish sentiment in 2024, further fueled by the approval of Bitcoin ETFs in the United States. As previously seen, cutting mining rewards from 6.25 BTC…
1 year ago
Bitcoin Price Consolidates Above $70K, Can Bulls Pump BTC To $75K?
Bitcoin price is consolidating above the $70,000 resistance zone. BTC might remain in a range for some time before the bulls attempt a move toward $75,000. Bitcoin price is struggling to gain pace above the $71,500 resistance zone. The price is trading above $70,500 and the 100 hourly Simple moving average. There is a short-term rising channel forming with support at $70,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could soon start a…
1 year ago
Bitcoin Halving Countdown: BTC Skyrockets to $71,000 Amidst Market Anticipation
As the much anticipated Bitcoin halving is approaching, Bitcoin (BTC) is marking the first day of April by climbing back to $71,000. However, as of writing, Bitcoin has retraced to the $70,500 level. Bitcoin Halving is Now 2,818 Blocks Away This remarkable rally comes as the crypto market’s pivotal event, Bitcoin halving, is now 2,818 blocks away. NiceHash’s countdown reveals that Bitcoin halving is estimated to happen on April 21, 2024. This phenomenon has been widely discussed over the weekend…
1 year ago
Stage 2 Easter Rush: Kelexo (KLXO) Lending Innovation Witnesses Bull-Run From Bitcoin (BTC) & USD Coin (USDC) Holders Buying Up Presale For 50X Predicted Gains
The cryptocurrency industry is witnessing an increase in interest in novel initiatives. One of which is Kelexo (KLXO), a blockchain-based lending platform that is in Stage 2 of its presale. Investors from many established cryptocurrencies are already pointing out this lending innovation that will likely outperform many prospects within crypto investments. As investors rush to capitalize on emerging opportunities, there comes an emerging hope within the space of DeFi lending with the hope of 50x earnings. This anticipation has been…
1 year ago
Bitcoin (BTC) Reaches $70,000, Solana (SOL) Nears the $200 Mark and Furrever Token (FURR) Emerges with 15X Presale Returns
The post Bitcoin (BTC) Reaches $70,000, Solana (SOL) Nears the $200 Mark and Furrever Token (FURR) Emerges with 15X Presale Returns appeared first on Coinpedia Fintech News The cryptocurrency market continues to demonstrate its vibrant and ever-evolving nature, with significant movements across major coins and the emergence of new tokens offering unique value propositions. Among these, Bitcoin (BTC) has once again crossed the significant $70,000 threshold, reflecting the market’s resilience and the sustained interest of investors. Meanwhile, Solana (SOL) edges…
1 year ago
Investors Surge to Invest in Raboo (RABT) Since BTC Rallied to $73K! Exposing a Bullish Path for STX and TAO
As the Bitcoin rally continues beyond the $73k mark, investors feel renewed optimism spilling into the cryptocurrency market. This prevailing bullish sentiment has sparked interest in the new upstart Raboo token. Since its introduction, Raboo has proven to be more than a meme project. Its blend of AI and Social-Fi has brought colossal demand for its ongoing presale, priced at a tantalizing $0.003.Interestingly, the layer-two Stacks token and AI-powered Bittensor followed suit. Is this the start of a new dawn…
1 year ago
Bitcoin’s Institutional Surge: Bitwise Envisions $1 Trillion Inflows in Raging Bull Market – $150,000 BTC Price Guaranteed
Institutional investors will pump over $1 trillion into crypto through ETFs and push Bitcoin to new heights, Bitwise chief investment officer Matthew Hougan has told investors in a recent note. “Keep calm and take the long view,” Hougan advised investors amid BTC volatility, insisting that the wave of institutional interest would push the top crypto to $150,000 in the current bull run. “1% down, 99% to go.” This is Matt Hougan’s view on the inflow into Bitcoin ETFs by institutional…
1 year ago
Analyst Predicts Bitcoin (BTC) Potential Dip Before Halving; Dogecoin (DOGE) Slowly Gains Momentum; Investors Find Safe Haven in New Coin
A top analyst forecasts a potential Bitcoin dip before the halving event. Dogecoin gains momentum amid ongoing tussle between the bears and bulls. NuggetRush is tipped for a timely 45x surge after its launch. The Bitcoin (BTC) halving is undoubtedly the most anticipated event this year and it is just a few weeks away. Despite excitement nearing a frenzy, a top analyst warned of a potential pullback before the d-day. Still on the top crypto coins, Dogecoin (DOGE), the leading…
1 year ago