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…
Bullish
Circle CEO is More Bullish Than Ever on Bitcoin, XRP, and Crypto – Interview
Circle’s CEO is very optimistic about the future of crypto, believing it is in the early stages of widespread adoption. Regulatory developments and advancements in blockchain technology are boosting market confidence. Jeremy Allaire, co-founder and CEO of Circle, has expressed unprecedented optimism about the future of cryptocurrency. Circle, known for issuing USDC, the world’s second-largest stablecoin by market cap, is positioned at the forefront of digital asset innovation. Allaire, a long-time participant in the crypto industry, believes that the market…
12 months ago
BEP 336 Update: BNB Chain Introduces 90% Fee Cut, Bullish Sentiment Builds
BNB Chain has implemented a major upgrade that reduces transaction fees by 90%. This fee reduction may impact BNB Chain’s revenue and BNB’s price, which has already fallen from its recent high. BNB Chain, the blockchain network renowned for its high performance and low transaction fees, announced on June 20 the successful activation of its Haber hard fork. This significant update, driven by BNB Evolution Proposal (BEP)-336, promises to optimize data storage and processing on the network, leading to a…
12 months ago
Polygon (MATIC) Turns Bullish After Losing Streak – Is A 1,000% Rally Possible From Here?
Polygon (MATIC) is again flashing bullish signals, having maintained a bearish outlook for a while now. These bullish signals suggest that the token could soon make a significant move to the upside. Interestingly, crypto analyst World of Charts has predicted that Polygon could enjoy a 1,000% rally when this move happens. Polygon To Rise To As High As $5 World of Charts predicted in an X (formerly Twitter) post that Polygon could rise to between $4 and $5 in the…
12 months ago
Chainlink (LINK) Price Dips, But Analyst Bullish on 150% Rally
The post Chainlink (LINK) Price Dips, But Analyst Bullish on 150% Rally appeared first on Coinpedia Fintech News The crypto market has been tough for Chainlink (LINK) this month, with its value dropping by more than 5% today. Despite being one of the top 15 cryptos with a market cap of $8.13 billion, LINK’s price has struggled to reach its all-time high of $52.88. However, prominent crypto analyst Michael van de Poppe has pointed out a potential 150% rally ahead…
12 months ago
Santiment Signals Bullish Reversal: Cardano and XRP Shorts Surge Amidst Market Decline
ADA and XRP undergo a massive shorting amid the ongoing market downturn, however, analysts believe that this could be a catalyst for a bullish reversal. Another analyst discloses that crypto assets have about 8-10 months to return to bullish ways after their previous peak, implying that XRP’s rally is long overdue. Amid the ongoing broad market downturn, Cardano (ADA) and Ripple’s XRP follow the bearish direction of Bitcoin (BTC) which has broken a crucial support level to trade below $64k.…
12 months ago
Will Worldcoin (WLD) And CORE Tokens Surge 25% As Bullish Sentiment Intensifies?
The post Will Worldcoin (WLD) And CORE Tokens Surge 25% As Bullish Sentiment Intensifies? appeared first on Coinpedia Fintech News The volatility in the cryptocurrency market is on a constant rise with top tokens recording constant price fluctuations in their respective portfolios. However, mid-cap altcoins have picked up pace during this time by adding massive valuations to their portfolios. With the rising uncertainty in the crypto space, will the elite cryptocurrencies lose the dominance race to mid-cap and low-cap altcoins…
12 months ago
Dogecoin Defies Market Downturn with Bullish Surge Amid Payment Speculations
Dogecoin’s price has risen with speculation about its potential integration as a payment method on X. BitMex founder Arthur Hayes has shown support for Dogecoin, buying more during the market downturn. Dogecoin has experienced a surprising uptick in price, deviating from the broader cryptocurrency market’s bearish trend. This unexpected rise is largely attributed to speculations regarding the integration of Dogecoin payments on X. The anticipation of this development has stirred excitement within the Dogecoin community and sparked a notable increase…
12 months ago
Tags
BullishTags
BullishXRP’s Roadmap To Success: Analyst Forecast A Strong Bullish Turn In 2024
Despite its recent decline, XRP, one of the largest cryptocurrencies by market cap, now holds the potential for substantial gains. Particularly, according to a recent technical analysis by Amonyx, XRP is poised for a bullish run against both the United States dollar and Bitcoin throughout 2024. This optimism is grounded in several key technical indicators and historical price actions, suggesting that XRP might soon experience notable price movements. Technical Forecast: XRP Path In 2024 Amonyx’s technical assessment focuses on the…
12 months ago
Analyst Says XRP Price Is Long Overdue For Bullish Wave, Here’s The Target
The XRP price has struggled in the market over the past year and has failed to reach a new all-time high even after securing partial victories against the US Securities and Exchange Commission (SEC). However, this lackluster price action has not deterred investors, who continue to believe in the long-term potential of the altcoin. One crypto analyst, in particular, expects the coin price to see another bullish wave that could push it toward the $1 price target. XRP Price Ready…
12 months ago