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
‘We Sold Everything Last Night’, Reveals Crypto Research Firm
Markus Thielen of 10x Research unveiled a significant shift in his crypto strategy in response to mounting financial pressures and market instability, as detailed in an investor note released earlier today. Thielen, an influential figure in the analysis sector, cited a concerning outlook on risk assets, which encompasses both technology stocks and cryptocurrencies, primarily driven by unanticipated and ongoing inflation rates. According to projections from Bank of America, US CPI headline inflation is expected to reach 4.8% by the November…
1 year ago
New Solana Meme Coin KittenWifHat In Top Crypto Gainers, Is Slothana Next To Explode
The meme coin market never fails to surprise, with the latest craze being a new token called KittenWifHat (KITTENWIF) on the Solana blockchain. Launched just yesterday, this cat-themed token has already drawn huge attention, becoming one of the top crypto gainers in the past 24 hours. With the success of KittenWifHat, eyes are now turning to Slothana (SLOTH) – a soon-to-be-launched meme coin that some believe could be next to explode. KittenWifHat Explodes After Solana DEX Debut KittenWifHat has had…
1 year ago
Hot new AI crypto Raboo makes ICO gains as The Graph and Fetch.ai struggle to maintain price
In the world of crypto, the arrival of a promising new player often shifts the market landscape significantly. We're witnessing this with Raboo, a fresh AI-backed meme coin set to make substantial gains for early-stage investors who spot the potential of this hot new token. As traditional AI cryptos like The Graph and Fetch.ai grapple with price stability, Raboo has appeared on the scene as a top choice for both its innovation and profitability. A breakthrough in meme-driven cryptocurrency The…
1 year ago
Best Crypto To Buy: This Crypto Gems Are Set for Exponential Surge in 2024, Beyond Bitcoin
The crypto market is showing excitement as KangaMoon (KANG) leads the charge in its ICO, amassing an impressive $4.7 million with sights set on surpassing $6 million by month-end. Having surged by 290% from $0.005 to $0.0196 during the ICO, the token has attracted enormous attention in the broader crypto market. Meanwhile, Mantle (MNT), Render (RNDR), VeChain (VET), and Optimism (OP) are other crypto gems in the spotlight for various reasons, including offering unique solutions to blockchain challenges. With the…
1 year ago
Bitcoin to Face Enhanced Selling Pressure Ahead of Halving, Crypto Exec Says
The upcoming Bitcoin halving event is expected to follow the pattern of “buy-the-rumor, sell-the-news,” according to the Crypto.com CEO. The exec believes that in the long term, however, the halving, which is currently slated for April 20, will positively impact Bitcoin’s price. Bitcoin Halving’s Long-Term Impact Will Be Positive In a recent Bloomberg interview, Kris Marszalek, CEO of Crypto.com, shared his thoughts on the Bitcoin halving, saying that while there will be selling pressure initially, the long-term impact will be…
1 year ago
Crypto Market Cap Recovers as Geopolitical Conflict Cools Down, XRP Investors Take Cover in Emerging Platform Algotech
The post Crypto Market Cap Recovers as Geopolitical Conflict Cools Down, XRP Investors Take Cover in Emerging Platform Algotech appeared first on Coinpedia Fintech News As global tensions begin to ease, the cryptocurrency market is witnessing a decent recovery, drawing investors back into the fray. Amid this resurgence, Ripple’s XRP, though currently facing a notable decline, shows signs of recovery in the altcoin sector. Meanwhile, the deFi trading platform Algotech is gaining traction with its advanced features and promising ALGT…
1 year ago
Dogecoin20 Meme Crypto Project Announces IEO, Claim Date – April 18 10am UTC
After immense presale success, Dogecoin20 now looks toward its IEO, set to take place on Doge Day (April 20). The team has also just announced an adjusted presale token claim date, bringing it forward due to overwhelming demand. It will now occur on April 18. Dogecoin20’s presale is now sold out, but investors can purchase on launch day before exchange listings from the dogecoin20.io website. How to Claim Dogecoin20 Token For Dogecoin20 presale buyers, employing best security practices amid the…
1 year ago
Spot Bitcoin ETF Flows Dry Up as Crypto Market Rout Continues
For the second trading day in a row, nine of the eleven newly launched spot Bitcoin ETFs have had a fund flow of zero. Only Grayscale and BlackRock have had flows on April 12 and 15 as every other fund was inactive, according to preliminary data from Farside Investors. The continued outflow of funds from Grayscale’s GBTC also means that the net aggregate has flipped negative again for the last two trading days. General crypto asset investment products have also…
1 year ago
Crypto Markets’ Recovery Halted as Bitcoin (BTC) Dumped Below $62K Again (Market Watch)
Bitcoin recovered a lot of ground yesterday and spiked to $67,000, but the landscape has changed once again in a bearish manner, and the asset plummeted hard today. Most altcoins have followed suit with massive price declines, led by SOL, TON, BCH, and others. Bitcoin’s Struggles Continue It’s safe to say that the past few days haven’t gone exactly BTC’s way. The cryptocurrency stood above $70,000 on Friday morning but slumped hard later that day amid the Fed’s latest announcements…
1 year ago