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
Is Solana (SOL) in Legal Trouble? Popular Crypto Analyst Believes a Bombshell is Underway
The post Is Solana (SOL) in Legal Trouble? Popular Crypto Analyst Believes a Bombshell is Underway appeared first on Coinpedia Fintech News Popular crypto analyst alias Crypto Bitlord has informed more than 328k X platform followers that Solana (SOL), a top-tier web3 ecosystem with nearly $3 billion in total value locked, is facing a major investigation that could send the altcoin in a multi-week selloff. While the crypto analyst did not provide the official source on the Solana investigation, the…
1 year ago
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CryptoToncoin On Fire: Crypto Explodes To All-Time High – Can It Hit $10?
Telegram-backed Toncoin (TON) has been the talk of the crypto town lately, its price soaring to a record-breaking $8.15 before settling around $7.60. This dramatic rise, coupled with technical indicators flashing both caution and bullish signals, has investors on the edge of their seats, wondering: is this a short-lived party or the beginning of a major ascent? Cup, Handle Hints At Takeoff, But TDS Warns Of Bumpy Ride Analysts are divided on TON’s immediate future. Crypto technician Ali Martinez throws…
1 year ago
Will Ethereum Skyrocket? Crypto Analyst Predicts $6,000 By September
Popular crypto analyst degentrading (@degentradingLSD) has made a bold prediction that Ethereum will reach $6,000 by September 2024. This prediction comes in response to an analysis by Mechanism Capital founder Andrew Kang, who expects Ethereum to underperform despite the imminent launch of US spot Ethereum ETFs. Andrew Kang’s analysis projects a continued downtrend for ETHBTC, with the ratio expected to range between 0.035 and 0.06 over the next year. In his detailed thread on X, Kang expressed skepticism about Ethereum’s…
1 year ago
Crypto Price Analysis 6/24: BTC, ETH, SOL, AVAX, DOGE, TON, ICP, HBAR, RNDR
Bitcoin (BTC) has registered a considerable decline over the past couple of weeks, dropping from $71,119 to its current price level of $62,356. Over the past week, the asset has fallen by nearly 6%. According to analysts, the cryptocurrency is gradually dropping toward its support level. They urged traders not to fall prey to factors such as boredom or mini pumps and dumps. Bitcoin (BTC) Price Analysis Bitcoin has been on a downward trajectory since June 6, after its price…
1 year ago
Q3 & Q4 Poised For A Massive Altcoin Rally Hints Top Crypto Analyst
The post Q3 & Q4 Poised For A Massive Altcoin Rally Hints Top Crypto Analyst appeared first on Coinpedia Fintech News The 2024 crypto market upswing has largely been dominated by bitcoin (BTC) along with the sectors of meme coins. Currently, the total market capitalization for all crypto assets stands at $2.28 trillion, with BTC holding a dominance of 55.36%. Analyzing the current altcoin market renowned crypto analyst Captain Faibik has expressed an optimistic outlook for the altcoin market, predicting…
1 year ago
5 Best Crypto Coins For Staking With Highest Rewards in 2024 | OkayCoin
The post 5 Best Crypto Coins For Staking With Highest Rewards in 2024 | OkayCoin appeared first on Coinpedia Fintech News If you own any cryptocurrencies that run on a Proof-of-Stake blockchain, you should seriously consider staking them. By staking, you will help secure the underlying blockchain network and grow your crypto holdings over time. When staking, it’s important to choose a reliable crypto-staking platform like OkayCoin, where you can easily participate in staking activities and earn rewards accordingly. We…
1 year ago
Cathie Wood’s Vote for Trump: Will Crypto Win Him the US Elections 2024?
The post Cathie Wood’s Vote for Trump: Will Crypto Win Him the US Elections 2024? appeared first on Coinpedia Fintech News Crypto is set to be a significant topic in the upcoming US presidential election in November. The SEC’s recent approval of spot Bitcoin ETFs and the potential approval of spot Ether ETFs tied to Ethereum have intensified the political involvement around cryptocurrencies. Crypto-Friendly Trump for the Win? Adding to the drama, Ark Invest CEO Cathie Wood announced her intention…
1 year ago
Ethereum Price Trims Gains as Bitcoin Slump Drags Crypto Market
Ethereum price struggled to climb above the $3,550 resistance and trimmed gains. ETH gained bearish momentum alongside Bitcoin and tested the $3,385 zone. Ethereum is trimming gains from the $3,550 resistance zone. The price is trading below $3,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $3,465 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bearish momentum if it dips below the $3,385 and $3,350…
1 year ago
Crypto on the Campaign Trail: Bitcoin and Blockchain Shapes the 2024 Presidential Race
As the 2024 US presidential election draws near, cryptocurrency has emerged as a surprising yet powerful topic. The political discussion around cryptocurrency is intensifying. Candidates from various parties are considering its broader implications. Why Politicians Are Trying to Woo Bitcoin Investors Swan Bitcoin’s Chief Investment Officer, Raphael Zagury, observed a significant shift in how politicians discuss Bitcoin, marking a departure from earlier skepticism. “It started with senators talking about Bitcoin. Then we had more people talking about it. And now…
1 year ago