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
Trending Altcoins Under $1 Expected To Explode This Crypto Bull Run
As the crypto bull run heats up, savvy investors are on the hunt for promising altcoins under $1. Among the top picks are Tron (TRX), Arbitrum (ARB) and Rollblock (RBK). Rollblock, currently trading at $0.015 in its first stage of presale, is tipped to surge 100x in 2024. Let’s explore why these might be the best crypto to buy right now and how they could explode in the coming months. Rollblock Ignites Investor Excitement: Here’s Why It’s on Fire Rollblock…
12 months ago
German Government Yet Again Moves 1,300 BTC To Crypto Exchanges
The post German Government Yet Again Moves 1,300 BTC To Crypto Exchanges appeared first on Coinpedia Fintech News The Bitcoin price is currently facing pressure due to two significant developments recently, the bankrupt Mt Gox Bitcoin payments and the German government sending Bitcoin to centralized exchanges. The German government has again transferred 1,300 Bitcoins to Coinbase, Kraken, and Bitstamp exchanges. It sent 400 Bitcoins worth $23.24 million each to Coinbase and Kraken and 500 Bitcoins worth $29.05 million to Bitstamp.…
12 months ago
South Korean Regulatory Crackdown Might Delay Global Crypto Market Recovery
The post South Korean Regulatory Crackdown Might Delay Global Crypto Market Recovery appeared first on Coinpedia Fintech News The Financial Supervisory Service of South Korea on July 4 stated that a system to increase oversight and monitor unusual crypto trading activity is on the way. Crypto exchanges are notified to feed data and details into the system as the Virtual Asset User Protection Act goes into effect on July 19. While mass delisting is denied by South Korea’s Digital Asset…
12 months ago
Crypto Carnage: Nearly $200 Million Liquidated as Bitcoin Slips Below $61,000
In a turbulent 24-hour trading session, the cryptocurrency market saw nearly $200 million wiped out in liquidations as Bitcoin price dropped below $61,000. This sharp decline triggered a wave of liquidations, affecting many investors and traders. Market Meltdown And Crypto Liquidation The total market valuation has plunged by approximately 2.7% to around $2.34 trillion, underscoring heightened volatility and market stress. Bitcoin, leading the downturn, shed 1.3% over the week, with a steep 2.8% drop recorded in the last day. This…
12 months ago
Crypto Price Analysis 7-04 BTC, ETH, SOL, BNB, ADA, UNI, DOGE, APT
Bitcoin (BTC) has seen a sharp drop during the week, with selling pressure continuing to mount. The cryptocurrency is struggling to trade above $60,000 and is down by over 2% during the ongoing session. Additionally, the gains made by altcoins are also beginning to turn red as the crypto market sees a significant slide. Is this a correction, or are we seeing the bull market ending? Bitcoin (BTC) Dives Below $60,000 Bitcoin (BTC) fell to a low of $59,317 on…
12 months ago
Retail Investors Buy the Dip While Crypto Whale Sells Over $400 Million in Bitcoin (BTC)
Retail investors are showing remarkable confidence by buying the dip despite a significant sell-off by a prominent crypto whale. The recent transactions have stirred up the Bitcoin and crypto markets, particularly influencing the market’s short-term trajectory. Early Thursday in Asian trading hours, Bitcoin’s price plummeted to $57,800, marking a two-month low. Despite this drop, the price recovered up to $59,000 by the time of writing. Crypto Whale Sold Over $400 Million Worth of Bitcoin Amidst the Bitcoin volatility, a crypto…
12 months ago
Bitcoin ETFs Drove $15 Billion Crypto Inflows in H1
Spot Bitcoin ETF approval in January marked a shift in the crypto industry. Investment bank Architect Partners lauds the product for significantly driving capital inflows in the first half of 2024. The financial instrument gave institutional players a seat at the table when it delivered BTC to Wall Street. More exposure is expected as Ethereum (ETH) and Solana (SOL) ETFs align. BTC ETFs Among Catalysts for $750 Billion Crypto Surge Architect Partners’ financial report indicates that Bitcoin Spot ETFs have…
12 months ago
Protect Your Digital Assets: Analysis of Q2 2024 Crypto Thefts and Scams
The post Protect Your Digital Assets: Analysis of Q2 2024 Crypto Thefts and Scams appeared first on Coinpedia Fintech News The cases of blockchain crypto hacks have been on the rise as new developments are implemented. The MistTrack.io team from SlowMist.io reported 467 stolen fund cases in Q2 2024, with 146 international and 321 domestic incidents. They managed to assist 18 victims in regaining about $20.66 million across 13 platforms. Primary causes of theft 1. Private key leaks It is…
12 months ago
Memeland Brings Meme Culture to Japan at IVS Crypto 2024 Kyoto
Hong Kong, China, July 4th, 2024, Chainwire Memeland, one of the largest and fastest growing Web3-focused venture studios, is proud to announce its significant presence as one of the Diamond Sponsors of the Memeland & Bybit Reception Party and the Platinum Sponsor of the official IVS Crypto 2024 Kyoto, held from July 4-6, 2024, at the Kyoto Pulse Plaza. As a Diamond Sponsor for the opening event and a Platinum Sponsor for the official IVS Crypto 2024 conference, Memeland is…
12 months ago