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
ZkSync Token Rises as a Leading Gainer in Crypto Market Recovery
ZkSync’s Elastic Chain offers unlimited scalability and seamless interoperability in blockchain technology. The ZKsync 3.0 upgrade enhances Ethereum’s ecosystem by addressing liquidity fragmentation and improving user experience. Among the top 100 cryptocurrencies in the most recent crypto market recovery, the ZkSync (ZK) token has proven to be one of the top gainers. Many investors and crypto enthusiasts have been drawn to this notable change in the market. The ZK token has increased remarkably 19.23% during the past 24 hours, driving…
12 months ago
Government Bitcoin Sell-Off Won’t Shake Crypto Market Say CryptoQuant’s CEO
The post Government Bitcoin Sell-Off Won’t Shake Crypto Market Say CryptoQuant’s CEO appeared first on Coinpedia Fintech News Recent, selling of sized bitcoin by the German government has exerted selling pressure that triggered panic among crypto investors. This move has somewhat resulted in Bitcoin’s price dropping by 4.3% in the past day and over 6.63% in the past week, pushing it below the $54,000 mark. Perhaps, CryptoQuant CEO Ki Young Ju suggests that government Bitcoin sales may not have as…
12 months ago
2024 US Voters Bet Big on Bitcoin: What’s Fueling the Crypto Fever?
The post 2024 US Voters Bet Big on Bitcoin: What’s Fueling the Crypto Fever? appeared first on Coinpedia Fintech News A recent survey conducted by Grayscale has many interesting discoveries a crypto enthusiast loves to hear. The prominent one is its revelation about the growing interest in Bitcoin among US voters. Let’s discuss a few key points revealed by the Phase 2 survey, held by Harris Poll for Grayscale from April 30 to May, 2024. Rising Interest in Bitcoin: Statistics…
12 months ago
The Next Crypto to Explode in July 2024 – Best New Cryptocurrencies to Invest In
The post The Next Crypto to Explode in July 2024 – Best New Cryptocurrencies to Invest In appeared first on Coinpedia Fintech News The saturated crypto world in 2024 unfolds as a battlefield marked by innovation, speculation, and vast potential. With blockchain technology advancing and adoption expanding, specific digital assets stand poised to distinguish themselves from the crowd. Your eyes would be keenly fixed on identifying the next breakout star capable of exponential value appreciation. In this high-stakes arena, where…
12 months ago
What Will Propel Crypto Market Rally in 2024-2025?
The post What Will Propel Crypto Market Rally in 2024-2025? appeared first on Coinpedia Fintech News In a downtrend, Crypto analyst Wise Advise in his X post has highlighted a significant event that he believes will be the most substantial bullish catalyst for the crypto market in 2024-25. While discussions often center around potential impacts from Trump’s victory in presidential elections, highly anticipated Federal Reserve rate cuts, and new FASB regulations, he argues that a different factor will positively influence…
12 months ago
Finance CEO Raoul Pal Says Crypto Will Reach $100 Trillion Market Cap – Here’s When
Raoul Pal, the co-founder and Chief Executive Officer (CEO) of Real Vision Group, has predicted that the global crypto market will reach a market capitalization of $100 trillion. The financial expert has maintained a strong bullish position for the future of the industry, outlining several reasons why he believes the market will jump 44X from its current market capitalization. Crypto Market To Hit $100 Trillion Market Cap In a recent YouTube interview on the Blockworks Macro channel, Pal predicted that…
12 months ago
Time To Buy The Dip? These Are The Large-Cap Crypto Assets To Watch
After a turbulent week for the crypto market, the drop in prices has left an opportunity for investors to enter new or double down on their various positions. Fortunately, the blockchain intelligence firm Santiment has identified some of the large-cap cryptocurrencies to consider. These Cryptocurrencies Are In The Opportunity Zone: Santiment Santiment revealed via a post on the X platform has provided an interesting outlook on the crypto market, stating that some digital assets are showing “buy the dip” opportunities.…
12 months ago
Dogwifhat (WIF) Surges Ahead in Weekend Crypto Market Recovery
Dogwifhat (WIF) leads the weekend crypto market recovery, outperforming major meme coins. Analysts predict WIF’s potential bullish pattern, signaling more gains ahead. The crypto market shows a good green color as the weekend approaches, and the popular meme token, Dogwifhat (WIF), leads in the market’s recovery. This upswing emphasizes WIF’s robustness and rising attractiveness among investors. Dogwifhat: Significant 24-Hour Surge WIF is seeing a clear comeback right now, rising 17.30% over the last 24 hours. Outstanding other popular meme coins,…
12 months ago
Crypto Market Analysis: Bitcoin, Ethereum, and Altcoins Show Gains!
The post Crypto Market Analysis: Bitcoin, Ethereum, and Altcoins Show Gains! appeared first on Coinpedia Fintech News Is the crypto market finally shaking off its slump? While it’s too early to say for sure, one thing’s clear: Bitcoin, the undisputed king of crypto, is showing signs of life. Currently priced at approximately $56,634, it has shown a slight increase from the previous day’s closing price of $56,624. Over the past 24 hours, Bitcoin’s value has risen by nearly 4.3%. Let’s…
12 months ago