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
Future-Proofing Your Crypto Wallets for New Market Trends
The crypto landscape changes at breakneck speed. Staying ahead means adapting your wallets to handle new trends and technologies. It is not just about holding coins anymore; interoperability, security, and NFT support now matter too. You want a wallet that can evolve with the market. Think about integrating multi-chain compatibility or ramping up on cutting-edge security protocols like MPC (multi-party computation). Don’t overlook the growing world of NFTs either – your future self will thank you for it. This guide…
12 months ago
Top 7 GameFi Coins For Beginners: How to Start With GameFi Crypto Tokens In 2024
The post Top 7 GameFi Coins For Beginners: How to Start With GameFi Crypto Tokens In 2024 appeared first on Coinpedia Fintech News GameFi, combining blockchain and gaming, is booming. With over 3 million daily active wallets in May 2024, game-specific blockchains are enhancing user experiences, making blockchain integration in gaming smoother. This trend meets the demand for immersive and engaging gaming, drawing developers and players to explore GameFi’s potential. GameFi market overview: what you need to know GameFi, the…
12 months ago
FTX Refund to Inject $16 Billion into Crypto Markets: Analyst Predicts A Bull Run Ahead
The post FTX Refund to Inject $16 Billion into Crypto Markets: Analyst Predicts A Bull Run Ahead appeared first on Coinpedia Fintech News A large flow of capital is coming for Bitcoin, Ethereum, Solana, and many more, as FTX, the crypto exchange that went bankrupt in November 2022 is poised to refund $16 billion in cash to its customers. Meanwhile, prominent on-chain crypto analyst Chain Mind has shared insights on the potential impact, suggesting this could be a pivotal moment…
12 months ago
Crypto Price Analysis 7-8 BTC, ETH, SOL, DOT, ADA, TRX, XRP
Bitcoin (BTC) continued to drop over the weekend despite a sharp bounce on Saturday, which saw the cryptocurrency climb back above $58,000. However, selling pressure pushed the price back down, with BTC trading around the $55,600 mark. The sudden drop in the price of BTC can be attributed to a couple of major factors that have led to panic selling, although Saturday’s rebound indicates strong demand at lower levels. A Market In Panic Bitcoin (BTC) has dropped to levels not…
12 months ago
Crypto Investment Strategy: Top 5 Best Bet Altcoins Amid Market Crash
The post Crypto Investment Strategy: Top 5 Best Bet Altcoins Amid Market Crash appeared first on Coinpedia Fintech News In a recent video, analyst Michaël van de Poppe delves into the ongoing crypto crash and why his altcoin strategy failed. All this and much more! Read on. Understanding the Current Crypto Crash Van de Poppe begins by noting the significant downturn in the crypto market, with altcoins like Arbitrum and Optimism hitting unprecedented lows and Bitcoin dropping to around $54,000,…
12 months ago
What is the Best Crypto To Buy for Big Gains in July: Polygon, Dogecoin, or KangaMoon?
The post What is the Best Crypto To Buy for Big Gains in July: Polygon, Dogecoin, or KangaMoon? appeared first on Coinpedia Fintech News The second quarter of the year proved tough for the crypto market as most of the top crypto coins suffered losses in the double-digit territory during June. But with Ethereum ETFs expected to start trading this month among other events, a market-wide recovery is expected this month. It is expected that overall there will be a…
12 months ago
Top 3 Altcoins For Crypto Investors In July 2024 As Market Takes a Hit
The post Top 3 Altcoins For Crypto Investors In July 2024 As Market Takes a Hit appeared first on Coinpedia Fintech News Due to the hype of its AI-related solutions, recent activities have witnessed a standout performance from Render (RNDR) amongst its AI token counterparts. Whereas, top altcoin Injective (INJ) is seen making waves in the DeFi market as it begins to regain bullish sentiments. At the centre of it all is Angry Pepe Fork (APORK), emerging as the top…
12 months ago
With Bitcoin Under $56K, Why Is The Crypto Market Crashing Today?
The post With Bitcoin Under $56K, Why Is The Crypto Market Crashing Today? appeared first on Coinpedia Fintech News With a 4% drop on Sunday, the bears overwhelmed the Saturday recovery in Bitcoin and put the altcoins market back into the bear zone. Undermining the chances of a recovery week, the increasing supply influences a downfall this Monday in the early Asian trading hours. Bitcoin is trading at $55,269 with an intraday loss of 1.30% and registers a low at…
12 months ago
Crypto Traders Lose $600 Million In 24 Hours as Bitcoin Crashes, but This Ethereum Gem Keeps Winning
The post Crypto Traders Lose $600 Million In 24 Hours as Bitcoin Crashes, but This Ethereum Gem Keeps Winning appeared first on Coinpedia Fintech News Bitcoin’s (BTC) recent liquidations have led to a significant price decline, the lowest point it has reached since February this year. Experts forecast that this bearish trend will last longer than previous price corrections. However, as Bitcoin’s (BTC) liquidations continue to rise, the adoption of RCO Finance (RCOF) is also increasing, with more crypto traders…
12 months ago