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
“Brazil’s Crypto Market Is Setting an Example for the World” – An Interview with Coinbase’s Fábio Plein
Digital currency trends may shift constantly, but Brazil appears to offer firm support with its innovative spirit and straightforward regulatory approach. This supportive environment has led to a boom in the country’s crypto purchases, with cryptocurrency imports reaching $14.8 billion in the last 12 months as of March. Amid this growth, Coinbase, one of the world's leading crypto exchanges, has made significant strides in Brazil. Classified as a "Go Deep" market in Coinbase's growth strategy, Brazil's large, tech-savvy population aligns…
1 year ago
Crypto Trader Reveals Top Altcoins for Early Retirement
In the current market surge, smart choices in the altcoin sector could pave the road to financial freedom much sooner than anticipated. A savvy crypto trader has spotlighted several lesser-known cryptocurrencies that might hold the key to an early retirement. As the bull run gains momentum, uncovering these potentially lucrative opportunities is more important than ever for those aiming to build wealth through the dynamic market of alternative coins. The insights shared promise a closer look at these select investments…
1 year ago
Top Crypto Investors Selling Shiba Inu (SHIB) and Bitcoin Cash (BCH) To Accumulate This New Altcoin
While the cryptocurrency market remains in a heightened state of frenzy, top traders and crypto enthusiasts are frantically searching for the next crypto coin with potential for explosive growth. With the emergence of Rollblock (RBLK), a new altcoin laden with impressive features, crypto whales are selling off their Shiba Inu (SHIB) and Bitcoin Cash (BCH) to accumulate this new altcoin. Shiba Inu Token Succumbs To Bear Market Despite 180% Yearly Surge Although starting as a dog-inspired meme, the Shiba Inu…
1 year ago
NY AG Secures Record $2B Crypto Fraud Settlement with Genesis
The post NY AG Secures Record $2B Crypto Fraud Settlement with Genesis appeared first on Coinpedia Fintech News In a landmark decision, New York Attorney General Letitia James has successfully brokered a $2 billion settlement with the cryptocurrency firm Genesis Global Capital. This settlement, the largest of its kind in New York’s history, aims to compensate thousands of investors who suffered losses due to illegal practices. New Work Sees Largest Crypto Settlement The settlement with Genesis Global Capital, LLC, and…
1 year ago
Pro Crypto Analyst Predicts Significant Decline for Memecoin PEPE and Other Altcoins
The post Pro Crypto Analyst Predicts Significant Decline for Memecoin PEPE and Other Altcoins appeared first on Coinpedia Fintech News A leading analyst, accurate in the prediction of the 2023 Crypto Breakout, DonAlt, has made a bearish prediction on the memecoin Pepe and other altcoins. In a most recent analysis from the social media platform X, DonAlt warned that PEPE might face declines so huge after a fake breakout to new ATHs. False Breakout Signals Bearish Trend for PEPE DonAlt,…
1 year ago
Crypto Analyst Sounds Warning Alarm For Potential 50-60% Crash In Chainlink Price, Here’s Why
Crypto analyst CrediBULL Crypto recently warned that Chainlink (LINK) could experience a 50% to 60% drop in its price. However, based on his explanation, LINK holders may not have cause to worry as such a price drop is part of the crypto token’s growth. Why Chainlink Will Experience A Price Drop CrediBULL Crypto explained in an X (formerly Twitter) post that a “50-60% drawdown is normal, natural, and healthy” given that Chainlink has experienced ten months of up only and…
1 year ago
Cardano Founder Predicts Crypto As Election Game-Changer: Impact On Price
The US crypto industry is engaged in an intense battle against the White House, with tensions reaching a boiling point over the Biden administration’s relentless push for onerous regulations and crackdowns on digital assets. According to Charles Hoskinson, the founder of Cardano, this anti-crypto stance may very well cost US President Joe Biden another term in office. In a scathing rebuke, Hoskinson accused the administration of harboring a “systematic effort to hurt the crypto industry,” citing numerous policy meetings, private…
1 year ago
Are Crypto Whales Driving the 35% Chainlink (LINK) Rally? Price Predictions
Chainlink is outperforming the general market with whales pushing prices up 35%. Macroeconomic trends might be weighing deep on Chainlink accumulation and pricing. Over the weekend, Chainlink (LINK) saw its price increase by approximately 35% to trade at $16.7. This increase represents a huge achievement for Chainlink and has left investors wondering whether recent whale activities are driving the surge. Whale Scoop Large Portions of LINK According to on-chain data, large investors, often referred to as crypto whales have been…
1 year ago
Venezuela Bans Crypto Mining As It Grapples With Power Crisis
Venezuela’s National Power Ministry has cracked down on Bitcoin mining farms, disconnecting them from the country’s electricity grid and seizing over 11,000 Bitcoin miners. The crackdown is part of the Venezuelan government’s efforts to reduce the power consumption of Bitcoin mining farms, which have been siphoning energy from the country’s power grid. Venezuelan Authorities Crack Down On Crypto Mining According to the country’s power ministry, it was executing an operation to supervise the activities of high-powered customers connected to the…
1 year ago