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
Crypto Analyst Predicts XRP At $0.75 In July Despite Year-Long Slump
In a stark contrast to the performance of the broader crypto market, XRP continues to face significant challenges, according to statements from pro-XRP lawyer Bill Morgan. Despite a discouraging decline in the value of the crypto asset relative to Bitcoin (BTC) and 88% of the top 100 cryptocurrencies, Morgan maintains a bullish outlook on the asset. In a post on X, Morgan outlined the struggles XRP has faced, particularly over the last year—a period that brought legal clarity and was…
1 year ago
Unlocking Wealth: Top Crypto Coins Under $1 for Potential Million-Dollar Returns
Making smart choices when investing in crypto is very crucial to wealth accumulations. For crypto beginners or those who are new to digital assets investment, it's ideal to buy cheap coins with high yield potential. These low-cost coins are usually under $1 and offer minimum risk. Some of the affordable cryptos that are expected to explode this year include, KangaMoon(KANG), Ripple (XRP), and Shiba Inu (SHIB). These are the best crypto coins to invest in now, as experts believe they…
1 year ago
European Parliament Approves New Crypto Regulations to Fight Money Laundering
The European Parliament has approved new regulations for cryptocurrency agencies, forcing them to conduct due diligence to fight money laundering. The new rules affect all crypto-asset service providers (CASPs) under the new Markets in Crypto-Assets (MiCA) law. Cryptocurrency exchanges in the European Union must adhere to the new rules, which contain due diligence standards. Services like exchanging crypto for fiat and providing custody wallets will now take a new approach due to rapid technological developments and advancements in FATF (Financial…
1 year ago
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Crypto? Moonshot Investments: Top Crypto Picks for 2024
The crypto market is buzzing, and the latest bull run has sparked excitement among investors. 2024 promises lucrative opportunities with coins that are set to skyrocket. This article dives into the top choices that could offer significant returns. Explore promising options poised to make a splash in the crypto scene. CYBRO Presale: A One-in-a-Million NeoBank Investment Opportunity CYBRO is capturing the attention of crypto whales with its exclusive token presale. This cutting-edge NeoBank offers investors unparalleled opportunities to maximize their…
1 year ago
New Law Empowers U.S. President to Block Crypto Transactions
The post New Law Empowers U.S. President to Block Crypto Transactions appeared first on Coinpedia Fintech News A new law has granted the U.S. president extensive authority to block cryptocurrency access, raising concern among observers. This development empowers the president to block transactions between U.S. persons and foreign entities linked to terrorist organizations. The law mandates that the Secretary of the Treasury identify and report any foreign banks or crypto transaction facilitators knowingly engaging in massive transactions with terrorist organizations.…
1 year ago
Breaking News: Robinhood to Acquire Crypto Exchange ‘Bitstamp’ for $200M
The post Breaking News: Robinhood to Acquire Crypto Exchange ‘Bitstamp’ for $200M appeared first on Coinpedia Fintech News Robinhood Markets Inc. (NASDAQ: HOOD) has announced that it has signed an agreement to acquire Bitstamp Ltd, a veteran centralized cryptocurrency exchange with reputable trading features. If the respective regulators approve, the $200 million deal is expected to be finalized in the first half of 2025. We’re accelerating Robinhood Crypto’s worldwide expansion. Robinhood has officially entered into an agreement to acquire @Bitstamp,…
1 year ago
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CryptoIs This the Fastest Growing Crypto Presale? PlayDoge Raises $2.5M in Under 2 Weeks
The post Is This the Fastest Growing Crypto Presale? PlayDoge Raises $2.5M in Under 2 Weeks appeared first on Coinpedia Fintech News PlayDoge ($PLAY) is a new Play-to-Earn (P2E) meme coin currently undergoing a presale. With a doge mascot and a contemporary twist on the hit 1990s Tamagotchi game, PlayDoge is catching fire and has raised $2.5 million in under two weeks. But not only is investment flooding in, but leading industry analysts are backing the project for spectacular returns. …
1 year ago
Crypto Exchanges Face $9B Lawsuit Over Bitcoin SV Delisting
The post Crypto Exchanges Face $9B Lawsuit Over Bitcoin SV Delisting appeared first on Coinpedia Fintech News The Competition Appeal Tribunal is hearing a high-stakes legal challenge brought by BSV Claims Ltd against several major cryptocurrency exchanges, including Binance, Kraken, and ShapeShift. The 2019 delisting of Bitcoin SV (BSV) allegedly deprived Bitcoin SV investors of significant growth opportunities. BSV demands a staggering $9 billion in compensation for BSV holders. However, the defendants argue that BSV investors had ample opportunity to…
1 year ago
Fake Crypto Airdrop: Tether’s CEO Warns Of Ongoing Supply Chain Email Exploit
Tether’s CEO Paolo Ardoino has alerted the crypto space to another wave of supply chain email scams in an X post. The CEO urged the community to exercise extreme caution while the issue is resolved. Exciting News: It’s A Scam! On Wednesday, online reports surfaced of suspicious emails being sent to the crypto community. Per the reports, investors received emails from crypto companies offering an upcoming token airdrop. First, users received emails from Bitfinex announcing “exciting news” for the exchange.…
1 year ago