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…
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Creating Crypto Currency: Token vs Coin
The post Creating Crypto Currency: Token vs Coin appeared first on Coinpedia Fintech News Introduction Cryptocurrencies are digital or virtual currencies that use cryptography to stay secure. Unlike regular money governments issue (fiat currencies), cryptocurrencies run on blockchain—a decentralized ledger that a network of computers (nodes) maintains to ensure transparency and stop double-spending. Why Does Knowing the Difference Between Tokens and Coins Matter to Blockchain Developers? For blockchain developers, knowing the difference between tokens and coins has a significant impact…
10 months ago
MEET48 is about to Launch the First No-Click Idol Training & Management Game on TON, Coin Idols, Closely Integrated with its Idol Culture
Singapore, Singapore, August 8th, 2024, Chainwire On August 8, the metaverse virtual community MEET48, which is based on a diverse AI and Web3.0 UGC entertainment content ecosystem, announced that it will soon release Coin Idols, the first No-Click idle idol training and management game within the TON ecosystem. This game will be closely linked to MEET48's idol culture. MEET48 plans to allocate airdrops from its ecosystem incubation fund to Coin Idols users in the future, directing traffic to the MEET48…
10 months ago
XRP Shows Bullish Signs: Coin Could Hit $2 if Bitcoin ($BTC) Continues to Rise – Which Altcoins Could Also Rise Next Month?
XRP is gaining momentum in the market, hinting at a potential climb to $2 if the current bullish trend in Bitcoin continues. This upward movement has sparked interest in which other altcoins might follow suit next month. The article delves into potential candidates poised for growth, offering insights for those keen on capitalizing on upcoming opportunities. Ripple (XRP) XRP, the coin associated with Ripple, aims to revolutionize cross-border payments. It processes transactions quickly and at very low fees, making it…
10 months ago
Ark Invest Buys More Of HOOD And COIN As Market Rebounds
The post Ark Invest Buys More Of HOOD And COIN As Market Rebounds appeared first on Coinpedia Fintech News As the wider crypto stocks recover, and amidst the recent market rebound, Cathie Wood’s Ark Invest has purchased more Coinbase and Robinhood stocks. The company added 13,833 COIN stocks worth approximately $2.6 million to its portfolio alongside 84,080 HOOD stocks worth over $1.4 million. This comes after the asset manager began repurchasing the stock of the publicly listed crypto exchange. On…
10 months ago
Ripple (XRP) vs. ETFSwap (ETFS): Which Coin Will Reach $50 First?
The post Ripple (XRP) vs. ETFSwap (ETFS): Which Coin Will Reach $50 First? appeared first on Coinpedia Fintech News In today’s world, where supposed “underdog” coins suddenly experience explosive growth, crypto traders and analysts constantly look for the next 10000x coin. Here’s how a detailed research analyst compared Ripple’s (XRP) and ETFSwap’s profit potential to determine which could reach $50 first. Analysis On Ripple (XRP) Suggests A Potential Move Up To $50 Amid Ripple’s (XRP) consolidation and the current bearish…
10 months ago
Pepe and PeiPei Price Rise – Is Pepe Unchained The Next Meme Coin To Explode?
The frog-themed meme coins are stealing the spotlight once again. The Pepe price is seeing a significant bullish reversal today on Tuesday after the “Black Monday” crypto crash. The meme coin is up by over 30% from yesterday’s bottom, trading as high as $0.0000081. The Pepe coin is currently trading at $0.0000079 at press time, with a market capitalization of $3.2 billion. PeiPei - also known as the Chinese Pepe - is also up by more than 40% in the…
10 months ago
Vitalik Buterin Sells 17.1 Billion Neiros, Causing Meme Coin Price to Plummet By 60%
The post Vitalik Buterin Sells 17.1 Billion Neiros, Causing Meme Coin Price to Plummet By 60% appeared first on Coinpedia Fintech News After a global market plunge and massive sell-off, the entire crypto market has suffered, with memecoins dropping over 20% in the past 24 hours. The Neiro meme coin, a new player in the busy world of meme-based cryptocurrencies, recently made headlines due to a significant sell-off by Ethereum co-founder Vitalik Buterin, resulting in a 60% drop in Neiro’s…
10 months ago
XRP Price Jumps 8% Amid SEC Settlement Optimism, Experts Recommend Capitalizing on Guaranteed 1300% Profit from This New Coin
The post XRP Price Jumps 8% Amid SEC Settlement Optimism, Experts Recommend Capitalizing on Guaranteed 1300% Profit from This New Coin appeared first on Coinpedia Fintech News Ripple’s XRP has been making headlines recently due to its ongoing case against the U.S. Securities and Exchange Commission (SEC), reaching a critical juncture. The asset has surged 8% in the last 24 hours as the likelihood of a settlement increases. Meanwhile, market watchers have identified another undervalued asset within the meme coin…
10 months ago
Binance Coin In Turmoil: Nearly 10% Value Erased In Market Shake-Up
Binance Coin (BNB) succumbs to bearish pressure alongside other altcoins in the market. According to the latest market data, the token is down nearly 10% since last week representing a big slash in value for investors in the long-term. The huge drop is due to the current underperforming market after the major cryptocurrencies slipped with Bitcoin and Ethereum by almost 10% respectively. Despite the recent regulatory turmoil between the Securities and Exchange Commission and Binance, BNB still shows some strength…
10 months ago