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 $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Crypto
Hashdex’s Combined Bitcoin And Spot Ethereum ETFs Filing Takes Crypto By Storm. How Will The Funds Be Split?
The SEC has received an application for a combined Bitcoin and Spot Ethereum ETFs, providing some new dynamics to Spot Ethereum ETFs' anticipation. With Spot Ethereum ETFs coming, the new ETF application from Hashdex is the first combined ETF application and could pose some positive market reaction. Meanwhile, ETFSwap (ETFS) has emerged as a new market player amid the bullish narrative on crypto ETFs and is looking to claim massive market share. Early investors have piled on the presale to…
1 year ago
Could Ethereum Restaking Create a New Crypto Bond Market? Here’s What S&P Says!
The post Could Ethereum Restaking Create a New Crypto Bond Market? Here’s What S&P Says! appeared first on Coinpedia Fintech News Ethereum staking services are gaining traction, with S$P Global Ratings predicting they could lead to a robust ‘internet bond’ market. This shift promises new yield opportunities for crypto investors. Ethereum Restaking: What’s It Ethereum holders can now earn additional yield by staking their coins to aid in transaction verification on the blockchain. This process, known as staking, reinvests staking…
1 year ago
Standard Chartered Launches Spot Crypto Trading Desk in London
The post Standard Chartered Launches Spot Crypto Trading Desk in London appeared first on Coinpedia Fintech News Standard Chartered is all set to establish spot crypto trading for buying and selling Bitcoin and Ether. It will be one of the first global banks to enter spot crypto trading, while crypto derivatives trading has existed for several years. The new trading desk operating from London will be part of the Bank’s FX trading unit which will soon start its operations. Standard…
1 year ago
Crypto Market Crash: Whales Are Targeting These Three Altcoins
The post Crypto Market Crash: Whales Are Targeting These Three Altcoins appeared first on Coinpedia Fintech News The current sentiment in the crypto market isn’t particularly favorable. To be honest, it’s not an ideal time, but paradoxically according to Altcoin Buzz, it’s always an opportune moment, especially now, to observe counterintuitive movements. The analyst gave a list of coins whales are buying in this dump. Coin 1: Bitcoin Recent data from LookIntoChain shows Bitcoin whales taking advantage of lower prices…
1 year ago
AI Crypto Fetch.ai (FET) Makes ‘Big Bounce’ – Volume Spikes Over 200% Ahead Of Merger
Fetch.ai (FET), a leading artificial intelligence (AI) crypto, rocketed to the top of the gainers chart on Thursday. The 28% surge comes just days before FET’s scheduled merger with other AI tokens into the much-anticipated Artificial Superintelligence Alliance (ASI). Related Reading: Bitcoin Whales On The Move – Is A $100,000 Price Tag Coming? Bullish Brew: AI Market Momentum And Upcoming Alliance Fuel FET’s Rise The recent surge in FET’s price appears to be a confluence of positive factors. The general…
1 year ago
Navigating the Crypto Market with Unicapital: Harnessing Three Powerful Analysis Techniques
The cryptocurrency market, known for its volatility and dynamic nature, requires robust analytical techniques to guide trading and trading decisions. Traders need to employ various strategies to navigate this market effectively. Unicapital offers advanced tools that integrate three critical types of market analysis: Fundamental Analysis, Technical Analysis, and Sentiment Analysis. Understanding these methods can significantly enhance one's trading effectiveness, helping both novices and seasoned traders achieve their trading goals. 1. Fundamental Analysis (FA) Fundamental Analysis involves evaluating the intrinsic value…
1 year ago
Brian Armstrong’s Journey: From Airbnb Engineer to Crypto Billionaire
Brian Armstrong co-founded Coinbase in 2012, revolutionizing cryptocurrency accessibility and mainstream adoption. Armstrong’s vision for regulated, compliant crypto drives Coinbase’s global reach and innovation. Born in a suburb of San Jose, California, on January 25, 1983, Brian Armstrong is a name linked to the cryptocurrency revolution. Armstrong, whose parents were engineers, was enamored with both economics and technology. He pursued computer science and economics at Rice University, where he earned a bachelor’s degree in 2005. His educational background made it…
1 year ago
CFTC Launches Investigation Into Jump Trading As Crypto Scrutiny Rises
The post CFTC Launches Investigation Into Jump Trading As Crypto Scrutiny Rises appeared first on Coinpedia Fintech News The Commodity Futures Trading Commission (CFTC) launched an investigation into Jump Trading, a prominent Chicago-based firm known for its significant role in the cryptocurrency sector. This probe, while not indicating any wrongdoing, focuses on Jump’s activities in crypto trading and investment. Jump Trading Faces Regulatory Hurdles The Commodity Futures Trading Commission is examining Jump’s role in the cryptocurrency sector, investigating its trading…
1 year ago
WEEX Exchange Unveils Zero-Fee Trading: A Game Changer for Crypto Enthusiasts
Singapore, June 14, 2024 – WEEX Exchange, a leading cryptocurrency trading platform, is thrilled to announce the launch of its zero-fee trading initiative, coupled with a suite of innovative features designed to offer unparalleled trading experiences. With a strong emphasis on user satisfaction and cost efficiency, WEEX is poised to revolutionize the crypto trading landscape. In addition, WEEX is proud to sponsor and participate in the upcoming Blockchain Futurist Conference, the premier Web3 event in Canada, scheduled for August 13-14,…
1 year ago