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…
Crypto
Solana Frenzy: Big Buyers Fueling Rally On Top Crypto Exchanges
Driven by a mix of positive elements, Solana (SOL) is seeing a spike in trading activity. This covers big buy orders, institutional investors’ savvy purchasing approach, and the expected release of SOL-based exchange-traded funds (ETFs). Whales Consolidate SOL discretely Trading data shows a notable increase in trading volume among key exchanges including Binance, Coinbase, Gate.io, and OKX. However, a more in-depth analysis by Coinact.gg, which is a real-time trading research programme, indicates a pattern that is very intriguing: a “Major…
12 months ago
Crypto Market Today: Why Ethereum and Solana Are Must-Buys in This Dip
The post Crypto Market Today: Why Ethereum and Solana Are Must-Buys in This Dip appeared first on Coinpedia Fintech News Bitcoin and Ethereum have recently experienced significant price drops, causing widespread concern among investors. Bitcoin’s fall below $55K triggered major trading signals, breaking the short-term uptrend since last August. Historically, similar corrections have lasted over two months before a bull run resumes. VirtualBacon, a Crypto analyst points out that the recent market dip isn’t just about German selling of 27,000…
12 months ago
Crypto Regulations in Mexico 2024
The post Crypto Regulations in Mexico 2024 appeared first on Coinpedia Fintech News Mexico, nested in southern North America, is the world’s 13th-largest country. It boasts a population nearing 130 million, which makes it the 10th most populous county. As a developing nation with the 15th largest economy globally by nominal GDP and 11th largest by PPP, Mexico is emerging on the world stage as a new global economic power. But, regarding cryptocurrency, Mexico has adopted a cautious stance. Although…
12 months ago
New P2E Meme Coin PlayDoge Surpasses $5.5M in Presale – Best Meme Crypto to Buy for the Bull Run?
The post New P2E Meme Coin PlayDoge Surpasses $5.5M in Presale – Best Meme Crypto to Buy for the Bull Run? appeared first on Coinpedia Fintech News PlayDoge ($PLAY), a new Play-to-Earn (P2E) meme coin, has steamed ahead in its presale amid a wider market recovery, successfully raising $5.5 million in funding. The project, which has an 8-bit doge mascot, stands to become one of crypto’s top gainers in the upcoming bull run. Yet it’s no ordinary meme coin that…
12 months ago
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CryptoGoldman Sachs Embraces Crypto With Three New Initiatives In The Pipeline
To capitalize on the growing interest in the crypto industry, banking giant Goldman Sachs is preparing to enter the tokenization sector, with three offerings expected to launch later this year. Goldman Sachs Aims To Capitalize On Tokenization Trend According to a Fortune report, Mathew McDermott, Global Head of Digital Assets at Goldman Sachs, revealed the bank’s intentions to expand its crypto offerings, focusing on the tokenization sector. Tokenization involves issuing “real-world assets,” such as money market funds and real estate…
12 months ago
Fastest Growing Crypto ICO Pepe Unchained Hits $3 Million – The Frog Meme Coin Gets Its Own Blockchain
One of the fastest growing crypto - Pepe Unchained (PEPU) - has reached another major milestone. The PEPU presale has now raised over $3 million in its ICO in the first few weeks itself. Experts believe that Pepe Unchained can show a significant correlation to Pepe, with some even calling it the best alternative to Pepe. Another chain broken!Pepe officially hits $3M! Thank you for the incredible support. The journey is just beginning. ?? pic.twitter.com/yySoWoXaCa — Pepe Unchained (@pepe_unchained) July…
12 months ago
Goldman Sachs Reveals Secret Crypto Plans -Three Projects Set to Shake!
The post Goldman Sachs Reveals Secret Crypto Plans -Three Projects Set to Shake! appeared first on Coinpedia Fintech News There are so many powerful people in the financial world but as major players in traditional finance, such as BlackRock and Fidelity, continue to explore the crypto landscape, Goldman Sachs is gearing up to make significant strides of its own. The 150-year-old banking giant is seeing a surge in client interest, according to Mathew McDermott, Goldman Sachs’ Global Head of Digital…
12 months ago
Solana Primed For Massive Gains: Crypto Pundit Forecasts $600 Price Target
In recent weeks, Solana (SOL), the 5th largest cryptocurrency on the market, experienced a period of decline, hitting a two-month low of $121 on Friday. The coin’s value struggled to break above the $188 level in May, resulting in a continuous downtrend further exacerbated over the past seven days with the general market’s correction. However, crypto analyst Jelle has sparked optimism by suggesting the potential for substantial gains for SOL in the coming months, reminiscent of the fabled “Solana Summer”…
12 months ago
Impact of Crypto in Gaming: P2E And Beyond
Since their arrival, cryptocurrencies have influenced multiple markets around the world. With the video game market growing, it was only a matter of time before crypto entered it. This new influence offers a world of benefits for players, developers, investors, and companies. Managing money in games is not a revolutionary feature. However, the numerous advantages and countless possibilities that blockchain technology allows for cryptocurrencies open the doors to new user options. Below, you can learn about some of the most…
12 months ago