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 $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Crypto
European Cup Inu: Transforming the Euro 2024 Experience with Innovative Crypto Betting
The post European Cup Inu: Transforming the Euro 2024 Experience with Innovative Crypto Betting appeared first on Coinpedia Fintech News European Cup Inu ($ECI) combines football fandom and crypto betting, offering exclusive betting opportunities for the European Cup 2024 with a deflationary token model. As the excitement builds for the European Cup 2024, a new and thrilling opportunity arises for football fans and crypto enthusiasts alike. Introducing European Cup Inu ($ECI), a unique crypto meme project designed to be both…
1 year ago
May Crypto Hacks: More Than $347 Million Wiped Out in Huge Hacks
The post May Crypto Hacks: More Than $347 Million Wiped Out in Huge Hacks appeared first on Coinpedia Fintech News This May 2024 was fairly tragic for the sphere of cryptocurrency as many hits occurred with numerous enterprises, becoming the subject of hacker attacks and resulting in multimillion losses. Blockchain research and security company CertiK has reported in its monthly report that a whopping $347. 3 million was stolen in various cases of hacks, flash loan attacks, and other critics…
1 year ago
Biden’s Surprise Veto Saves SEC Crypto Guidance: What’s Next for Crypto?
The post Biden’s Surprise Veto Saves SEC Crypto Guidance: What’s Next for Crypto? appeared first on Coinpedia Fintech News President Joe Biden has vetoed a congressional resolution to invalidate the SEC’s controversial Staff Accounting Bulletin 121 (SAB121). This decision has ignited a debate on the future of digital asset regulation and its impact on financial institutions. What does this mean for the crypto market and its stakeholders? Biden Overturns Congressional Resolution President Biden’s veto is significant in the ongoing struggle…
1 year ago
Market Analysis: How Will Mt. Gox’s Bitcoin Distribution Affect Crypto Prices?
As the defunct cryptocurrency exchange Mt. Gox prepares to distribute around $9 billion worth of Bitcoin, some investors are worried about the potential impact on prices. However, industry experts and major creditors believe that any short-term volatility will be outweighed by BTC’s long-term bullish prospects. With the approval of US spot Bitcoin exchange-traded funds (ETFs), many market experts anticipate that the market will absorb the newly available tokens. Bitcoin Optimism Among Market Participants As reported by our sister website, Bitcoinist,…
1 year ago
Chainlink Co-Founder Predicts Crypto Market Cap to Surge Over $10,000,000,000,000, Fueled by Traditional Finance Interest
Chainlink co-founder, Sergey Nazarov has predicted that the total market value could surge above 10 trillion fueled by consumer and hedge fund interest. Nazarov’s optimistic prediction can be supported by Chainlink’s recent price surge, and network adoption, indicating the continued growth in investor interest in the crypto space. Chainlink co-founder Sergey Nazarov has made a bold prediction regarding the future of the cryptocurrency market. Nazarov believes that cryptocurrency is in its “early to mid-stage ” level of growth holding potential…
1 year ago
Biden’s Operation Chokepoint 2.0: A Lawyer’s Expose on the Bitcoin and Crypto Sector’s Challenges
Lawyer Scott Johnson has alleged that despite the recent Ethereum spot ETF approvals, the Biden government remains anti-crypto. He says that Biden is working on Operation Chokepoint 2.0, under which he will use enforcement agencies like the OCC and SEC to crack down on crypto exchanges and traders. As the US election draws closer, the crypto industry is closely scrutinizing the two main candidates—Donald Trump and Joe Biden—regarding their digital asset stands. While he has been against crypto since he…
1 year ago
Hedera Becomes Founding Member of Crypto ISAC for Enhanced Trust and Security
Hedera joins Crypto ISAC to enhance trust and drive the adoption of blockchain technologies through a secure environment. Crypto ISAC aims to establish a trusted environment, enhance information dissemination, and ensure resilience against security threats. Hedera has integrated with the Crypto Information Sharing and Analysis Center (ISAC). This nonprofit association is dedicated to enhancing security across the crypto ecosystem. Some of the members of ISAC include, Aleo, Circle, Coinbase, Consensys, Evertas, Fireblocks, Kraken, Offchain Labs among others. We are excited…
1 year ago
Crypto Analyst Reveals Why $69,000 Is Very Important In The Grand Scheme Of A Bitcoin Recovery
Crypto analyst Pierre has provided insights into why $69,000 is a significant price level for Bitcoin. He suggested the flagship crypto could hit a new all-time high (ATH) if it successfully holds above that range. A Breakout Above $69,000 Could Lead To A Bitcoin Recovery Pierre mentioned in an X (formerly Twitter) post that Bitcoin must break above $69,000 as it would allow the crypto token to retest a range around the ATH region of $73,000. This could also open…
1 year ago
Rumor Of Apple Partnership Sends Crypto Altcoin Soaring By 20%
A whirlwind of speculation is currently surrounding the crypto asset JasmyCoin (JASMY), colloquially termed the “Bitcoin of Japan,” following a recent announcement from the Prime Minister’s Office of Japan. Yesterday, it was disclosed that a video conference between Prime Minister Kishida and Apple CEO Tim Cook had confirmed the integration of Japan’s My Number Card function into iPhones by next spring. Crypto Investors Speculate On Apple Collaboration The news has sparked a significant rally for JASMY, leading to a 20%…
1 year ago