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
Ethereum Prints ‘God Candle’ Against Bitcoin on Bybit as Traders Pile In on Bullish ETF News
Dubai, United Arab Emirates, May 21st, 2024, Chainwire Bybit, one of the world’s top three crypto exchanges by volume, experienced a surge in trading volume on the popular ETH/BTC pair on the back of news that US regulators may approve an Ethereum ETF soon. Following the news, traders potentially profited from ETH’s impressive 15% move against BTC. The news that caused the surge was that US regulators asked ETH ETF applicants to update their filings, causing speculation that the updates…
1 year ago
VeChain (VET) Set for Bullish Breakout? Experts Predict a 400-500% Surge
VeChain has gained massive backing from market analysts who project an up to 500% surge in price. VeChain has continued to print partnerships that can return value to its users. The VeChain (VET) blockchain has grown to become a dominant force in the industry with indicators pointing towards a bullish breakout. Accordingly, market experts project a 400-500% surge in the price of VET. VeChain’s Current Performance Before we look into VeChain’s prospects for a bullish outbreak, let’s look at the…
1 year ago
Bitcoin Rally Incoming: This Major BTC Metric Just Turned Bullish Once Again
A crucial Bitcoin metric has just turned bullish, sparking optimism from a crypto analyst regarding an impending rally for Bitcoin. This unique technical pattern suggests that the world’s largest cryptocurrency could see its price ascending further, potentially kick-starting a highly welcomed bull run this cycle. Bitcoin Technical Pattern Flips Bullish Bitcoin’s price has often followed distinct historical patterns, with the majority of these indicators preceding significant rallies or bearish trends. One of the most compelling signs that Bitcoin may be…
1 year ago
Top Analyst Flips Bullish on Retik Finance (RETIK) Ahead of May 21 Launch, Predicts 2500% Rally in First 3 Months
The cryptocurrency market is no stranger to bold predictions and ambitious forecasts, but when a top analyst flips bullish on a project, investors take notice. Such is the case with Retik Finance (RETIK), a decentralized finance (DeFi) project set to launch on May 21. A prominent analyst has recently made waves by predicting a staggering 2500% rally in RETIK's price within the first three months post-launch. Let us delve into the analyst's rationale behind this bullish outlook, examine Retik Finance's…
1 year ago
Chainlink Continues its Bullish Streak: LINK Price May Go Higher than 20% This Week!
The post Chainlink Continues its Bullish Streak: LINK Price May Go Higher than 20% This Week! appeared first on Coinpedia Fintech News The token is displaying extreme strength as the bulls seem to have capitulated the rally following a bullish rebound that occurred in the last week. The volume has been consistent, which indicates the growing interest of the traders in the platform. Now that the price has surpassed one of the key resistance levels, a bullish continuation is expected,…
1 year ago
Morgan Stanley Bullish On Bitcoin, Can Kangamoon Achieve Mainstream Status?
The post Morgan Stanley Bullish On Bitcoin, Can Kangamoon Achieve Mainstream Status? appeared first on Coinpedia Fintech News Although Bitcoin (BTC) has been through a rough patch over the last couple of months, Morgan Stanley remains bullish on the leading crypto. The leading global wealth management firm announced a $270 million investment in Bitcoin ETFs, followed by a BTC price rebound. Meanwhile, KangaMoon (KANG) has been generating excitement for its new Social-Fi protocol. This new protocol supports community involvement like…
1 year ago
Retik Finance (RETIK) Launch Date Scheduled for May 21, Bullish Sentiment Surrounds Project with Experts Predicting 5x Pump in the First 24 Hours of Trading
Retik Finance (RETIK), a revolutionary project that is set to transform the decentralized finance (DeFi) space, is set to start on May 21, 2024, at 12 PM UTC. With analysts expecting a 500% price gain in the first 24 hours of trading, the project is garnering major interest within the cryptocurrency industry. It already raised an amazing $32,050,000 during its presale. Retik Finance: A Trailblazer in Bridging Traditional and Decentralized Finance Retik Finance has sparked interest with its novel approach…
1 year ago
Why Traders Are Bullish on These Altcoins Post-Halving
After the halving, altcoins are capturing attention with their impressive growth. Traders are showing a strong positive outlook on these cryptocurrencies. The trend is noticeable, and the reasons for the rising confidence are worth examining. This article delves into the factors leading to this market optimism and what it may mean for investors looking to tap into this momentum. BlastUP Presale: A Beacon of Predictability in the Volatile Crypto Space Presale tokens are immune to market’s wild swings with their…
1 year ago
Big Ethereum Whale With $12,000,000 ETH Bag is Bullish on New Crypto Retik Finance, Plans to Accumulate RETIK Tokens at Launch on May 21
The recent revelation of a big Ethereum whale's $12,000,000 ETH investment and bullish stance on Retik Finance (RETIK) has captured the attention of the crypto community. With plans to accumulate RETIK tokens at the launch on May 21, this whale's move underscores the growing excitement surrounding Retik Finance and its potential as a promising investment opportunity. Let us delve into the details of the Ethereum whale's investment strategy, the reasons behind their bullish outlook on RETIK, and the implications for…
1 year ago