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…
Coins
Green Crypto: Top 5 Eco-Friendly Crypto Coins to Invest in for Soaring Returns in 2024
From the very inception, the chat around cryptocurrency has grown beyond profit potential to sustainability and environmental impact. As the costs associated with energy-intensive mainstream cryptocurrencies such as Bitcoin have come under greater scrutiny, more and more buyers are tilting towards green alternatives that promise financial rewards and a smaller carbon footprint. The appearance of eco-cryptocurrencies not only refers to the benefits of individual projects but also positively influences the whole market. When a single project excels in sustainability, it…
1 year ago
XRP And SEI Set Eyes On Promising Price Targets; Can $RECQ Reach $1 Before Both Coins?
The post XRP And SEI Set Eyes On Promising Price Targets; Can $RECQ Reach $1 Before Both Coins? appeared first on Coinpedia Fintech News TLDR XRP plummets 20.31% amid SEC fine speculations. Sei Foundation launches $10 Million Creator Fund: SEI plummets 23.94% despite optimism. $RECQ offers an unmatched experience with the Rebel Satoshi Arcade. Even though the digital asset space is volatile, XRP (XRP) and Sei (SEI) have emerged as frontrunners with promising price targets on the horizon. As investors…
1 year ago
Congressman Proposes Bill to Ban Crypto Mixing Protocols, Threatening Privacy Coins
The Blockchain Integrity Act bans financial services from processing transactions from coin mixers and stipulates a $100,000 civil penalty for offenders. The bill proposes the ban to last two years, during which the Department of the Treasury would compile a report on the sector to inform further actions. A new bill introduced at the US House of Representatives seeks to ban cryptocurrency mixers for two years, cutting them off from all registered virtual asset service providers (VASPs) for two years.…
1 year ago
Level Up Your Portfolio: In-depth Monthly Metaverse Coins Performance Analysis
The post Level Up Your Portfolio: In-depth Monthly Metaverse Coins Performance Analysis appeared first on Coinpedia Fintech News Forget the gold rush, the metaverse coin rush is here!pen_spark Metaverse coins are gaining traction, with their market cap recently rising by around +0.6%. This brings the total market value to $13 billion, indicating significant growth in the digital asset space. This rise reflects a growing interest in virtual worlds and online experiences. This Monthly analysis will help you understand the trends…
1 year ago
DOGE Emerges as ‘BTC of Memes’: Trader Identifies Two Meme Coins as ETH, a ‘Must Have’
The incredible growth within the meme ecosystem catches the attention of an analyst, who labels Dogecoin as the “BTC of memes,” and refers to Pepe and Dogwifhat as the “Ethereum of meme coins.” While he acknowledges the massive gain within this sector compared to Bitcoin, he advises investors to trade with caution due to its significant volatility. The race for dominance intensifies within the meme ecosystem as Shiba Inu (SHIB) doubles down on its effort to close the $7 billion…
1 year ago
Donald Trump’s Comments on Crypto Cause Massive Pumps in These Meme Coins
TL;DR Donald Trump now endorses cryptocurrencies, reversing his previous skepticism and promoting himself as the pro-crypto candidate in contrast to Joe Biden, who he claims opposes the industry. The meme coin BODEN, linked to Joe Biden, rose 40% in value, while MAGA, associated with Trump’s slogan, surged by 60%. BODEN and MAGA Flash Green The elections for America’s next president are just a few months away, and the main candidates have already started firing shots at each other. The latest confrontation was caused by…
1 year ago
Cardano Offering Better Buying Window Than Other Top Coins, Santiment Reveals
The analytics firm Santiment has revealed that Cardano (ADA) currently shows a slightly better buying opportunity than the other top coins. Cardano May Be Showing A Good Buying Opportunity According To RSI In a new post on X, Santiment discussed how the top assets in the cryptocurrency sector have been performing regarding the Relative Strength Index (RSI). The RSI here refers to a technical analysis (TA) indicator that tracks the velocity and magnitude of recent changes in any given commodity’s…
1 year ago
Ark Invest Offloads $15 Billion Worth Coinbase Shares Pulling Down COIN’s Price
The post Ark Invest Offloads $15 Billion Worth Coinbase Shares Pulling Down COIN’s Price appeared first on Coinpedia Fintech News Cathir Wood’s Ark Invest sold $15 billion worth of 70,600 Coinbase shares which has sparked speculations over its impact. Cathie Wood clarified it as not a case of dumping, but active portfolio management and emphasized that Coinbase remains a top position in Ark Invest’s holdings indicating confidence in the company’s long-term prospects. Woods also mentioned plans to reinvest profits into…
1 year ago
Is The PEPE Dream Over? Dissecting The Factors Behind The Meme Coin’s Price Tumble
The once-booming meme coin Pepe (PEPE) has hit a rough patch, experiencing a price drop of nearly 10% in the past 24 hours. This sudden downturn comes amidst a flurry of questions surrounding massive token withdrawals from a major exchange and the overall future of the meme-inspired cryptocurrency. PEPE Price Takes A Tumble Just a few months ago, PEPE was riding high, capturing the attention of crypto enthusiasts with its rapid price surges. However, the tides seem to have turned.…
1 year ago