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
Bullish Sentiment Intensifies In The Crypto Market As Bitcoin Price Reclaims $67,000!
The post Bullish Sentiment Intensifies In The Crypto Market As Bitcoin Price Reclaims $67,000! appeared first on Coinpedia Fintech News The crypto market continues to display a positive price action by adding over $70 Billion (+2.96%) to its global market cap within the past day. Furthermore, the price of BTC has successfully surpassed the $67,000 mark and recorded a 24-hour high of $67,459 during the early trading hours, highlighting a high possibility of a bullish outlook during the upcoming week.…
1 year ago
Shiba Inu Struggles Around Key Breakout Channel Despite Bullish Metrics: Here’s What to Expect from SHIB Price
The post Shiba Inu Struggles Around Key Breakout Channel Despite Bullish Metrics: Here’s What to Expect from SHIB Price appeared first on Coinpedia Fintech News Shiba Inu has shown mixed performance recently, but analysts remain bullish about the memecoin’s future due to fundamental developments. With Bitcoin’s price facing bearish pressure around $66K, SHIB struggles to achieve a clear breakout above a triangle pattern despite bullish on-chain metrics. Shiba Inu Faces A Surge In Whale Interest In the past 24 hours,…
1 year ago
Coinbase Predicts Bullish Surge for ETH Despite 2022 Underperformance
The post Coinbase Predicts Bullish Surge for ETH Despite 2022 Underperformance appeared first on Coinpedia Fintech News The leading CEX, Coinbase, is quite bullish on ETH’s price potential despite its underperformance in 2022. The exchange claims that ETH may surprise to the upside in the coming months and considers Ethereum to be the heart of the existing DeFi landscape, a position unlikely to change anytime soon due to the widespread adoption of the Ethereum Virtual Machine (EVM) and its layer…
1 year ago
Is the Bullish Wave Imminent? Which Cryptos Are Set to Skyrocket?
The crypto market is bustling with activity as anticipation builds for a potential rise in value across several key players. As the bull run of 2024 gains momentum, investors are closely watching which cryptocurrencies might lead the charge and deliver significant returns. This article delves into the most promising contenders positioned for a surge, offering valuable insights for anyone looking to capitalize on the next big movement in the market. BlastUP Presale Hits $6 Million, Investors Hurry to Buy $BLP…
1 year ago
Top Altcoins On The Cusp Of Bullish Breakout In The Coming Weeks
The post Top Altcoins On The Cusp Of Bullish Breakout In The Coming Weeks appeared first on Coinpedia Fintech News The majority of altcoins rebounded on Friday, fueled by the recent Bitcoin (BTC) price pump above $66k. The favorable crypto regulatory prospects in major jurisdictions—led by the United States, India, Kong Kong, and Europe, among others—have helped trigger macro-bullish sentiments. Moreover, the spot Bitcoin ETFs have registered three consecutive days of cash inflows after a notable outflow in the past…
1 year ago
Dogecoin Eyes 15% Growth: DOGE’s Bullish Outlook Tied to Bitcoin’s Stability Above $65K
Dogecoin’s price surged by 15%, driven by bullish momentum and breaching key resistance levels. Dogecoin’s derivatives trading volume and open interest surged, indicating increased investor interest. Dogecoin, the meme-inspired cryptocurrency, is experiencing heightened market activity attributed to increased whale engagement. The price of DOGE has surged by 15%, breaking through key resistance levels and capturing the attention of investors and traders alike. Recent indicators from IntoTheBlock suggest a notable uptick in whale activity within the Dogecoin market. Large transactions, typically…
1 year ago
ETH Bullish Outlook: SEC’s Struggles to Block Ethereum Spot ETFs, Fuels Confidence in $5,000 Breakthrough
Ethereum (ETH) is experiencing a potential short-term bullish trend as it breaks away from a recent period of sideways movement. Opinions among industry experts are divided, with skepticism from Nate Geraci regarding the SEC’s ability to reject spot ETH ETF applications. Ethereum (ETH) is poised for a potential short-term bullish surge on Wednesday, breaking free from a five-day period of horizontal movement. Recent discussions in the crypto sphere have been ignited by a decline in revenue on the ETH Mainnet…
1 year ago
Most Important Bitcoin Indicator Nears Bullish Flip: $150,000 Soon?
In a recent analysis, James Coutts, Chief Crypto Analyst at Realvision, signaled a potential bullish turn in Bitcoin’s near future, attributing the forecasted change to shifts in global liquidity measures, specifically the Global Money Supply (M2) index which is widely seen as most important price catalyst. Coutts detailed this anticipation in a thread on X, where he examined the relationship between major economic indicators and Bitcoin’s price cycles. Global Money Supply And Its Correlation With Bitcoin Coutts’ analysis begins with…
1 year ago
Fantom & Near Protocol Soar As Bitcoin Display Strength, Will FTM & NEAR Price Maintain a Bullish Streak?
The post Fantom & Near Protocol Soar As Bitcoin Display Strength, Will FTM & NEAR Price Maintain a Bullish Streak? appeared first on Coinpedia Fintech News Fantom (FTM) Price Analysis Fantom price volatility has been rising since the beginning of the fourth quarter of 2024. While many tokens failed to maintain the trend, FTM was able to trade above the gained levels, demonstrating the bulls’ strong grip on the rally. With the recent rebound, the price has certified a triple-bottom…
1 year ago