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 Expert Willy Woo Predicts Bitcoin Has Room To Run – Here Are The Drivers
Crypto expert Willy Woo has predicted that Bitcoin will still make significant moves to the upside. He made this claim based on an indicator that suggests crypto investors are still willing to buy the flagship crypto at higher prices. Bitcoin Still Has “A Lot Of Room To Run” Woo mentioned in an X (formerly Twitter) post that Bitcoin still has a lot of room to run before the flagship crypto experiences a reversal or consolidation. To support his bullish sentiment,…
1 year ago
Bullish Sentiment Intensifies In The Crypto Market As Bitcoin Price Reclaims $67,000!
The post Bullish Sentiment Intensifies In The Crypto Market As Bitcoin Price Reclaims $67,000! appeared first on Coinpedia Fintech News The crypto market continues to display a positive price action by adding over $70 Billion (+2.96%) to its global market cap within the past day. Furthermore, the price of BTC has successfully surpassed the $67,000 mark and recorded a 24-hour high of $67,459 during the early trading hours, highlighting a high possibility of a bullish outlook during the upcoming week.…
1 year ago
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CryptoHere Are 3 Of The Best Crypto Prospects For Hit A Big Run In 2024
The post Here Are 3 Of The Best Crypto Prospects For Hit A Big Run In 2024 appeared first on Coinpedia Fintech News TLDR Akash Network (AKT) is making profits in May; AKT is on a 43% spike this month. Render (RNDR) enters May with 16% weekly profits after struggling in April. Milei Moneda ($MEDA) investors anticipate the May launch as presale enters Stage 3. The bull run is on and in full swing–or at least for the top crypto…
1 year ago
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CryptoCrypto Post-Mortem: Here’s How Pump.Fun Was Exploited For $2 Million
Solana-based platform Pump.fun suffered an exploit that left the crypto community with many questions. The attack stole millions of dollars in users’ funds, but the reasons behind it and the exact amount of the loot were unclear. Amid the uncertainty, some claimed that a crypto Robinhood had emerged. $80 Million Taken In Crypto Heist? On Thursday, the platform Pump.fun announced its bounding curve contracts had been compromised. In the post, the team alerted users that all trading was temporarily halted…
1 year ago
Crypto Analysts Reveal Sub-$1 Altcoins Set To Outperform In The Bull Run
With the Bitcoin price having already seen a massive rally over the past year, crypto investors have turned their attention to altcoins. This is because altcoin season usually comes after Bitcoin finishes rallying and they present more potential for upside. Ahead of the second leg of the crypto bull market that is suppose to happen sometime this year, the crypto analysts at Analyst Buzz have revealed the top altcoins that are trading under $1 right now that could be a…
1 year ago
Crypto Alert: VeChain Bull Run Imminent, Expert Predicts 500% Rally
VeChain (VET), a blockchain platform focused on supply chain management, is stirring excitement in the crypto’s fan base. After a period of consolidation, VET is experiencing a surge in investor confidence, buoyed by a recent price increase and positive technical indicators. However, analysts remain cautious, highlighting the inherent volatility of the crypto market and the need for a measured approach. Resurgence And Resistance Since the top altcoin has been trading sideways for more than a month, investors are turning to…
1 year ago
Chainlink Becomes Crypto Winner With 21% Rally: What’s Driving This?
Chainlink (LINK) has enjoyed a sharp surge of more than 21% over the past 24 hours. Here’s what data suggests could be behind this rally. Chainlink Has Surprised Crypto Market With Breakout In The Past Day While most cryptocurrency sectors have seen flat or small green returns over the last 24 hours, Chainlink has shown a decoupling as it has observed some sharp bullish momentum in this window. Here is a chart that displays how LINK’s recent performance has looked…
1 year ago
Crypto Highlights: Solana Surges 5%, Ethereum Eyes $5,000, and Furrever Token’s Astronomical ROI
The post Crypto Highlights: Solana Surges 5%, Ethereum Eyes $5,000, and Furrever Token’s Astronomical ROI appeared first on Coinpedia Fintech News In a rapidly evolving digital asset landscape, Solana has demonstrated a remarkable surge of 5% within a single day, underscoring its appeal to those pursuing swift gains. Concurrently, Ethereum is on the brink of a significant milestone, with industry pundits anticipating a potential ascent to the $5,000 mark, solidifying its status as a cornerstone of the blockchain realm. Amidst…
1 year ago
US Crypto Market Awaits FIT21 Bill’s Final Vote Next Week: What to Expect?
The post US Crypto Market Awaits FIT21 Bill’s Final Vote Next Week: What to Expect? appeared first on Coinpedia Fintech News House lawmakers are set to vote on the Republican-led Financial Innovation and Technology for the 21st Century Act (FIT21). Major crypto exchanges like Gemini, Kraken, and Coinbase, alongside firms such as Andreessen Horowitz and Digital Currency Group, have expressed support for the bill. This vote marks a crucial moment for the crypto market, as it heads toward achieving regulatory…
1 year ago