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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Crypto Betting Platform ZKasino.io Accused of Rugpull, Millions in ETH Withdrawn
The post Crypto Betting Platform ZKasino.io Accused of Rugpull, Millions in ETH Withdrawn appeared first on Coinpedia Fintech News The mysterious disappearance of the cryptocurrency betting platform ZKasino.io came to light recently, as the operation team executed a rug pull and left the users with a loss and vast sums of invested capital missing. The accusations arose after Cyvers Alerts, a renowned voice in the cryptocurrency community, sent a tweet with shocking information on the platform’s vanishing without any trace.…
1 year ago
What is The Fate of Bitcoin Miners Post-Halving? Crypto Exec Chips In
Following the successful completion of the long-awaited fourth Bitcoin halving on April 20, miners’ struggle for profitability has begun. The event reduced block rewards from 6.25 BTC to 3.125 BTC, slashing the amount of assets produced daily. This has greatly affected miners’ profitability as they would rely more on transaction fees and higher BTC prices to stay afloat. Struggle for Profitability According to Jag Kooner, the Head of Derivatives at crypto exchange Bitfinex, Bitcoin miners are expected to face increased…
1 year ago
Choise.ai Introduces Tringlr SMPC Technology for Ultimate Crypto Wallet Security, Elevates CHO Token to New Heights
The post Choise.ai Introduces Tringlr SMPC Technology for Ultimate Crypto Wallet Security, Elevates CHO Token to New Heights appeared first on Coinpedia Fintech News Managing crypto finances can be chaotic, whether utilizing hot or cold storage or relying on centralized exchanges (CEXs). Forgetting a seed phrase, losing a wallet, or access to funds are just a few potential mishaps. Although both centralized and decentralized storage systems carry inherent risks, each offers its own distinct advantages, creating a persistent wallet dilemma…
1 year ago
Crypto Investment Essentials: Solana (SOL), Dogecoin (DOGE), and Furrever Token (FURR) Shaping Currency Evolution
The post Crypto Investment Essentials: Solana (SOL), Dogecoin (DOGE), and Furrever Token (FURR) Shaping Currency Evolution appeared first on Coinpedia Fintech News Many altcoins show signs of recovery following the Bitcoin halving on April 20th. Among them, Solana (SOL) and Dogecoin (DOGE) are displaying promising indications of an upward trend. Concurrently, Furrever Token (FURR) has surged ahead, surpassing the impressive milestone of $870,000 in its presale journey. This collective resurgence reflects the evolving dynamics within the cryptocurrency market, with each…
1 year ago
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CryptoTop Crypto To Buy: Checkout the 5 Cryptos Capable of Turning $100 to $1000 in Q2
The Bitcoin halving event, which happens once every four years, is such a big event in the crypto industry, given its significant positive impact on the price trends of top crypto coins in the market. Having successfully witnessed the 2024 edition of Bitcoin halving, it won't be surprising to see some notable coins rising in value. There are tokens that have the substantial potential of triggering bullish momentum following the halving event. To prepare for the price gains that are…
1 year ago
Crypto Investing Plan To Buy a House in 2025, Starting Only with $1K Investing
With a modest $1,000 at hand and an eye on a future home, navigating the cryptocurrency market with a strategic investing plan could be the key to success in 2025. Mindful of the ongoing bull run of 2024, this guide offers insight into turning a small investment into a substantial down payment. The approach outlined is tailored to help individuals capitalize on current trends while focusing on the ultimate goal of homeownership. Read on to discover how to transform that…
1 year ago
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CryptoCrypto that Can Skyrocket Tomorrow
The crypto market is buzzing with talks of a coin poised for a significant surge. As the bull run of 2024 gains momentum, eyes are locked on potential breakout stars. Every investor is on the hunt for the next big mover, and tomorrow could reveal a standout performer. This article delves into the specifics of a cryptocurrency that has the ingredients for a remarkable rise, dissecting key factors that might send its value soaring. BlastUP Presale: The 1st Launchpad in…
1 year ago
Here’s How Much Crypto Hong Kong’s Web3 Giant Animoca Brands Holds on Balance Sheet
Animoca Brands reported $558 million in digital assets on its balance sheet, as per its latest unaudited financial disclosures. Since December 2023, the company has acquired an additional $266 million in digital assets through various recent investments and token launches. According to the official announcement released earlier this week, the Hong Kong-based Web3 giant disclosed a cash and stablecoin balance of $291 million. Off the balance sheet, Animoca Brands’ Web3 subsidiaries hold token reserves totaling around $1.8 billion, consisting of…
1 year ago
While KAS has been on the decline, Crypto whales focus attention on INJ and Raboo (RABT)
The post While KAS has been on the decline, Crypto whales focus attention on INJ and Raboo (RABT) appeared first on Coinpedia Fintech News As KAS experiences a downturn, crypto whales pivot their focus towards promising prospects like INJ and Raboo (RABT). Raboo, with an enticing second phase token presale price of $0.0036, poised for a potential 100x surge in 2024, spearheads the $62 billion meme coin market, offering a lucrative investment opportunity. Read on and delve into these emerging…
1 year ago