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…
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CryptoWhich Presale Crypto to Buy? Top Crypto Presales For Explosive Returns In 2024
Imagine stepping into a virtual world where your digital assets are as real as the chair you’re sitting on or a future where moving crypto between blockchains is as simple as sending a text message. Does it sound like science fiction? Think again. As we dive into 2024, three groundbreaking crypto projects are turning these fantasies into reality, potentially offering explosive returns for early investors. In the fast-paced world of cryptocurrency, where fortunes can be made or lost in the…
12 months ago
$572M Crypto Losses From Hacks And Rug Pulls In Q2
The post $572M Crypto Losses From Hacks And Rug Pulls In Q2 appeared first on Coinpedia Fintech News Immunefi, an on-chain crowd-sourced security platform, in its Crypto losses of Q2 2024 revealed a loss of $572 million to hacks and rug pulls. This marks a 112% increase compared to the same period in 2023. The total losses now stand at over $920 million year-to-date, with May 2024 witnessing the highest monthly losses at $358 million. CeFi was the main target…
12 months ago
Top Gainer Crypto Solana and Avalanche See Major Gains Amid Market Recovery
The post Top Gainer Crypto Solana and Avalanche See Major Gains Amid Market Recovery appeared first on Coinpedia Fintech News With the crypto market recovering from its recent fall, most cryptocurrencies are trading in the green, with Bitcoin showing a 1.8% increase. This comes after several negative trading days that significantly impacted the market. Among the top gainers are Solana and Avalanche, with Solana surging by 9.3% and Avalanche by 8% seen in the last 24 hours. Solana’s Impressive Gains…
12 months ago
Crypto Analyst Says ‘XRP Is In Trouble,’ Here’s Why
Crypto analyst Alessio Rastani has warned that XRP is in “trouble” following his recent analysis of the chart. He outlined certain “strong warnings” on the chart, which showed that the crypto token could experience further price declines. Why XRP Is In Trouble Rastani mentioned in a video on his YouTube channel that XRP could drop to $0.13 or even lower as part of Wave C of his analysis using the Elliot Wave Theory. He noted that a drop to that…
12 months ago
PlayDoge Crypto Game Hits $5 Million Mark In ICO – Next Hamster Kombat?
PlayDoge (PLAY) has emerged as one of the hottest commodities in the GameFi arena, following in the footsteps of Notcoin and Hamster Kombat. PLAY has now raised over $5 million during its token ICO, a sign of its high upside potential. Experts are already signalling that PlayDoge could be the next big crypto game - potentially even the next Hamster Kombat - thanks to its beginner-friendly, Tamagotchi-style gameplay. PlayDoge Crypto Game - When Doge Meets Tamagotchi The importance of narrative…
12 months ago
Cryptocurrencies in Bolivia: New Regulation Allows for Crypto Transactions
Bolivia repeals 2020 ban, allowing cryptocurrency transactions through authorized electronic means. The Central Bank of Bolivia, in collaboration with ASFI and UIF, adjusts the regulation following GAFILAT guidelines. Bolivia has lifted the ban on conducting transactions with bitcoin and other cryptocurrencies, a measure made official by the Central Bank of Bolivia (BCB) on June 26. This regulatory change revokes Board Resolution N°144/2020 that had been in effect since December 2020, thus allowing the use of electronic means to operate with…
12 months ago
Coinbase Sues SEC and FDIC, Demands Transparency in Crypto Regulations
The post Coinbase Sues SEC and FDIC, Demands Transparency in Crypto Regulations appeared first on Coinpedia Fintech News In a move that could shake everything up, Coinbase has launched lawsuits against two powerful federal agencies—the U.S. Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). Coinbase’s Chief Legal Officer, Paul Grewal, took to social media to announce the filings, which aim to pry loose crucial information held by these agencies. What secrets could the SEC and FDIC…
12 months ago
Expert Claimed That $1k Investment Today In These Crypto Can Buy You A New House In 2025
The post Expert Claimed That $1k Investment Today In These Crypto Can Buy You A New House In 2025 appeared first on Coinpedia Fintech News The long-anticipated bull run and altcoin season are just around the corner. The market remains calm, preparing for an imminent surge. Altcoins are currently at their lowest prices, presenting an enticing opportunity for investors. An expert has claimed that a modest investment of $1,000 today could potentially buy a new house by 2025. This article…
12 months ago
SEGA’s Character Alex Reforms As Crypto Hero After Shooting Past Polygon (MATIC) and Rallying 200%, Currently Priced at $0.0084
In a surprising twist of fate, SEGA’s iconic character Alex has been reimagined as a crypto hero, leading to the creation of Alex The Doge (ALEX). This new digital currency has taken the crypto market by storm, rallying an impressive 200% and currently priced at $0.0084. Alex The Doge (ALEX)’s meteoric rise has not only captured the imaginations of investors but has also surpassed established cryptocurrencies like Polygon (MATIC). This article explores the fascinating transformation of Alex from a gaming…
12 months ago