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 Weekly Roundup: Mango Markets Exploiter Found Guilty, Binance Aims India Return, & More
Multiple issuers in Hong Kong stated the Securities and Futures Commission had approved spot Bitcoin and Ethereum ETF applications. Let’s dig deeper. Ethereum Accounting giant Ernst & Young has launched a new blockchain tool to simplify complex business agreements, reduce costs, and ensure security. Technology Polkadot founder Gavin Wood has introduced the Gray Paper outlining the upcoming Join-Accumulate Machine (JAM) upgrade for the network. The Worldcoin Foundation is launching the Layer-2 blockchain, World Chain, which will integrate novel authentication methods…
1 year ago
Bitcoin Outlook: Coinbase Forecasts Macro Factors to Influence Crypto Markets After Halving
Coinbase is convinced beyond the impact of halving, macro factors will also shape market sentiment. Ultimately, Bitcoin is tipped to protect against geopolitical risks as a hedge. Coinbase Global Inc., one of the leading cryptocurrency exchanges, is anticipating that with the Bitcoin halving completed, macroeconomic factors will be pivotal in dictating the price trajectory of digital asset markets. This is a clear contradiction from previous post-halving events where a bullish run is certainly guaranteed due to industry-based push factors. Macro…
1 year ago
Top 5 Crypto To 100X After Bitcoin Halving
Bitcoin's halving event often heralds a significant market shift, setting the stage for potential exponential growth in certain cryptocurrencies. With the 2024 bull run already underway, investors are eagerly searching for opportunities that could yield substantial returns. This article uncovers five cryptocurrencies that experts believe have the potential for such impressive growth post-halving, evaluating their unique propositions and future prospects in the evolving crypto market. For those looking to capitalize on post-halving momentum, this analysis might reveal the next big…
1 year ago
Angola Implements Ban on Crypto Mining
Angola has formally outlawed all crypto mining activities, a move communicated by the Chinese Embassy in Angola to its nationals. Earlier this year, the Angolan parliament passed legislation criminalizing cryptocurrency mining and related virtual assets to safeguard its national energy security. The ban, effective on April 10, prompted the Chinese embassy to warn its nationals against violating the law. Angola Bans Crypto Mining Over the years, Chinese Bitcoin miners have sought new operational bases due to China’s crypto ban. This…
1 year ago
Egrag Crypto Forecasts Massive Price Pump for Ripple, Investors Move To New Altcoin As Injective Price Drops
The post Egrag Crypto Forecasts Massive Price Pump for Ripple, Investors Move To New Altcoin As Injective Price Drops appeared first on Coinpedia Fintech News TLDR: Egrag Crypto has forecasted that Ripple could be preparing for a 1,000-3,000% price surge despite the bear market. The price of Injective has dropped by 40% in the past month and 23.0% in the last week. NuggetRush is a new dual token that is set to revolutionize the crypto and gaming sector. Despite the…
1 year ago
$1K Crypto Investment Plan Aimed at Buying a House by 2025
The post $1K Crypto Investment Plan Aimed at Buying a House by 2025 appeared first on Coinpedia Fintech News Imagine turning a $1,000 investment into a brand-new home by 2025. With the crypto bull run already unleashed, savvy investors are looking at strategies to maximize returns. This plan offers a step-by-step approach to growing a modest sum into a significant down payment for a home in a short time. The current market environment is ripe for such ambitions, and understanding…
1 year ago
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CryptoPawFury: The Standout Crypto Presale of 2024 Poised for Explosive Growth
PawFury is 2024’s latest and most exciting play-to-earn (P2E) blockchain game, bringing together gaming excitement with a commitment to environmental sustainability. PawFury’s native utility token, $PAW, is now in presale and set for explosive growth this year. The blockchain P2E game PawFury is in the second stage of the presale of its native utility token, $PAW. The project has already raised a whopping $1.5. million in its early presale phase and expects some impressive ROIs. PawFury Captivates the Crypto Market…
1 year ago
Korean Crypto Market Hit 2-Year High in Q1, KRW Beat the USD in This Metric: Kaiko
The Korean crypto markets have recently experienced a surge in trade volume, reaching heights not seen in over two years. According to a report from Kaiko, the first quarter of 2024 marked an important milestone as the South Korean Won (KRW) surpassed the U.S. Dollar (USD) in terms of cumulative trade volume. Competition and Shifting Dynamics This surge in trading activity comes amid fierce competition among Korean exchanges and shifting market dynamics. Upbit, a major player in the South Korean…
1 year ago
A Journey to the Crypto Wild West: Shiba Shootout Launches Presale and Fuels FOMO
The post A Journey to the Crypto Wild West: Shiba Shootout Launches Presale and Fuels FOMO appeared first on Coinpedia Fintech News Shiba Shootout ($SHIBASHOOT) has sparked a new wave of enthusiasm in the meme coin market. Building a crypto Wild West around the iconic Shiba Inu meme coin, the project sets off on a thrilling adventure. Here is an analysis of Shiba Shootout and whether it lives up to the growing hype. Shiba Shootout Takes Meme Coins to the…
1 year ago