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…
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Robinhood Crypto Faces Potential SEC Enforcement Action, Maintain Firm Stance
The post Robinhood Crypto Faces Potential SEC Enforcement Action, Maintain Firm Stance appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission (SEC) has send a Wells Notice to the cryptocurrency arm of the popular trading platform Robinhood, signaling a potential enforcement action by the regulatory body. This investigation follows a series of investigative subpoenas probing various aspects of RHC’s operations, including cryptocurrency listings, custody practices, and overall platform operations. Details of SEC Alligation On May 4th, 2024,…
1 year ago
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CryptoFTX’s Pre-Deadline $8.3 Million Crypto Transfers Raise Eyebrows: Here’s the Truth
The post FTX’s Pre-Deadline $8.3 Million Crypto Transfers Raise Eyebrows: Here’s the Truth appeared first on Coinpedia Fintech News In the complex world of cryptocurrency, even the smallest changes can have big effects. Just before FTX debtors were supposed to reveal their latest plan, wallets linked to the troubled FTX exchange and its partner Alameda Research moved a hefty $8.3 million. But what’s the story behind these mysterious moves? Let’s dig in. Mysterious Crypto Transfers: What’s Going On? Before FTX…
1 year ago
Here’s Why This Crypto Analyst Believes Bitcoin Is At A ‘Prime Buy Zone’
Crypto analyst Ali Martinez has revealed that it may still be an excellent time to accumulate Bitcoin. This comes amidst the flagship crypto’s recent price recovery, with the crypto token skyrocketing above $64,000. Bitcoin Is Still In A “Prime Buy Zone” Martinez mentioned in an X (formerly Twitter) post that Bitcoin’s Market Value to Realized Value (MVRV) 90-day ratio indicates that it is still in a “prime buy zone” despite its recent price surge from $57,000 to $64,000. The MVRV…
1 year ago
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CryptoCrypto Whale Spends $10.4 Million On PEPE, Do They Know Something You Don’t?
A crypto whale’s transaction involving the third-largest meme coin by market cap, PEPE, has drawn the crypto community’s attention. The magnitude of the transaction, coupled with some other whale transactions, suggests that it may be high time to pay more attention to PEPE. Crypto Whale Spends $10.4 Million On PEPE On-chain analytics platform Spotonchain revealed a wallet (3eAaAC3C9) that had purchased 1.238 trillion PEPE from Binance at an average price of $0.000008424 ($10.4 million). This wallet then proceeded to withdraw…
1 year ago
Crypto Market Bleeding: Here Are the Best Cryptocurrencies to Buy Now To Recoup Losses
Amid the current market dip, various analysts have studied market trends and compiled the best cryptocurrencies to buy now. The top picks to buy in the market dip include Bitcoin (BTC), KangaMoon (KANG), Uniswap (UNI), Dogecoin (DOGE), and Bonk (BONK) Remarkably, most price predictions for the above cryptocurrencies are bullish, suggesting that they will add substantial gains on their values. KangaMoon Price Could Jump to $0.5 in Q2 KangaMoon (KANG) presale sparks interest among meme coin enthusiasts, reaching over $6…
1 year ago
Solana (SOL) and Bittensor (TAO) Investors Back New AI Crypto Gem Raboo (RABT)
Investors familiar with Solana (SOL) and Bittensor (TAO) are turning their attention to a new contender in the AI crypto market—Raboo (RABT). Currently in its third stage of presale, Raboo has already attracted significant interest, amassing over $1 million, with more than 5,000 members and 1,800 token holders engaged. Priced at just $0.0042, RABT is forecasted to soar by 100x on launch day and achieve a 233% return during the presale. Let's dive into why analysts are bullish about Raboo's…
1 year ago
5 Crypto Coins That Could Hit the MOON in 2024-2025?! 100X POTENTIAL?!
Cryptocurrency enthusiasts eagerly anticipate what the next bull run might bring. With the market heating up in 2024, speculators are searching for coins that offer significant profit potential. This article highlights five cryptocurrencies poised for extraordinary growth in the upcoming years, selected based on a variety of promising characteristics. Without hinting at any guarantees, these contenders are garnering attention for their potential to multiply investments massively. Discover which ones are making waves as candidates for remarkable returns. CYBRO Presale: Unlock…
1 year ago
Bitcoin Trader Sends $70 Million to Wrong Address, Other Falls for Crypto ATM Scheme
Cryptocurrency traders are increasingly targeted by sophisticated scams, leading to significant losses. Scammers have pulled off everything from large Bitcoin thefts to tricky crypto ATM schemes. These indicate growing risks in the digital currency market. As cryptocurrencies become more popular, they also become prime targets for scams. These scams take advantage of the complex nature of crypto transactions. Victims Lose Over $70 Million in Bitcoin, Crypto Scams A Bitcoin trader mistakenly sent a whopping $69.3 million to a scam address.…
1 year ago
Kung-FuCat P2E Arcade Beta Testing to be released to take the crypto world by storm!
The post Kung-FuCat P2E Arcade Beta Testing to be released to take the crypto world by storm! appeared first on Coinpedia Fintech News P2E! The new Kung-FuCat is taking the crypto world by storm! Only after 7 days of fair-launch kung-fuCat hits 100k mc now sitting on 16k mc. Investors are not willing to jeet on this coin as they are admiring a strong Kung-FuCat P2E beta launch soon. Kung-FuCat team already published a short video about their P2E Game…
1 year ago