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
Brazil Seizes $1.6 Billion in Crypto: What You Need to Know
The post Brazil Seizes $1.6 Billion in Crypto: What You Need to Know appeared first on Coinpedia Fintech News In a decisive move, the Internal Revenue Service and Federal Police of Brazil seized around $1.6 billion worth of crypto and fiat. Both organizations launched an operation called Niflheim to dismantle a large scheme involving money laundering, tax evasion and cryptocurrency fraud. This joint operation targeted multiple cities of Brazil including Caxias do Sul, São Paulo, Fortaleza and Brasília. Let’s dive…
9 months ago
Trading Expert Who Shorted Solana (SOL) at $250 Makes Large Investment in New RWA Crypto Priced Below $0.10—Does He Know Something?
In the world of trading cryptocurrency, time plays a crucial role. It is for those who are precise and timely when predicting movements in the market who enjoys the fruits. One such expert who once made headlines for shorting Solana (SOL) at its all-time high of $250, rouses the markets once again, this time with a large stake in a new Real-World Asset, Rexas Finance (RXS).This raised questions and even excitement in the market as how a normal person makes…
9 months ago
Crypto Price Analysis 9-12 BTC, ETH, SOL, TON, ADA, XRP, DOGE
Bitcoin (BTC) and the larger crypto market made an impressive recovery following the August CPI remote, with almost all major cryptocurrencies in positive territory. BTC is up 3.44%, while Ethereum (ETH) is up nearly 2%, inching toward the $2,400 mark. Other major gainers include Solana (SOL), Toncoin (TON), Ripple (XRP), and Dogecoin (DOGE). Crypto markets remained relatively calm following the August CPI report before a steady uptick. The August CPI data showed a slight increase in the monthly inflation rate,…
9 months ago
Crypto total market cap hits $2 trillion
The combined market capitalization of all cryptocurrencies has bounced back from recent losses, and has tipped over into $2 trillion once again. Are Bitcoin and the altcoins going to rekindle the bull market once more? Bitcoin is still in the doldrums of September, a month that typically has the worst returns for $BTC in the whole of the year. That said, the $BTC price still needs to keep above critical support levels, and a break back into a $2 trillion…
9 months ago
Pig Butchering Crypto Scams : How Feds Plan to Fight Them
The post Pig Butchering Crypto Scams : How Feds Plan to Fight Them appeared first on Coinpedia Fintech News As the cryptocurrency space is evolving, it has attracted scammers as well. Every month we hear about hacks of crypto exchanges and exploits on various crypto protocols. Apart from these there are other kinds of scams growing rapidly in this ecosystem. One specific kind is the Pig Butchering scam. Federal agencies are getting ready to fight these scams. Let’s understand how…
9 months ago
Binance Labs Invests in Blum: A Game-Changing Crypto Exchange on Telegram
The post Binance Labs Invests in Blum: A Game-Changing Crypto Exchange on Telegram appeared first on Coinpedia Fintech News Binance Labs, the venture capital arm of the biggest crypto exchange Binance has invested in a new project called Blum. Blum is a decentralized crypto exchange integrated into the Telegram platform. This investment by Binance Lab will help the platform in two ways. First, it will accelerate the development and growth of the platform and secondly, this will provide exposure to…
9 months ago
DeFi Crypto Presales: Leading Projects with High-Growth Potential
The post DeFi Crypto Presales: Leading Projects with High-Growth Potential appeared first on Coinpedia Fintech News The decentralized finance (DeFi) ecosystem has experienced explosive growth in recent years, revolutionizing the way financial services are accessed and utilized. A significant part of this growth has been fueled by crypto presales, where projects raise capital by selling their tokens before they’re publicly available. In this article, we’ll explore some of the leading DeFi crypto presales with the potential for substantial returns. 1.…
9 months ago
Will the Crypto Market Crash Again? Here’s What the Data Says
The post Will the Crypto Market Crash Again? Here’s What the Data Says appeared first on Coinpedia Fintech News After a brief recovery on September 10, 2024, the overall crypto market once again appears for a massive decline. Following the release of the United States Consumer Price Index (CPI) and the opening bell of the US market, major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and others, have fallen significantly. Crypto Market Massive Recent Decline According to the coinmarketcap,…
9 months ago
New Crypto Presale Launch: Memebet Token Combines Meme Coins & GambleFi, Raises $150K in Minutes
The post New Crypto Presale Launch: Memebet Token Combines Meme Coins & GambleFi, Raises $150K in Minutes appeared first on Coinpedia Fintech News A brand new crypto presale for Memebet Casino ($MEMEBET) is opening a new avenue for meme coin holders with GambleFi. The project has just launched and raised $150K in minutes. Everything from casino games to high-stakes sportsbook events will be available, and players can bet using top meme coins like Dogecoin, Shiba Inu, Pepe, and others. The…
9 months ago