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
FTM vs ALGT; Which Altcoin is the Best Crypto to Buy Under $2
The post FTM vs ALGT; Which Altcoin is the Best Crypto to Buy Under $2 appeared first on Coinpedia Fintech News When trading in the volatile cryptocurrency market, investors constantly look for projects with high upside potential and real-world utility. Among the many tokens available, Fantom (FTM) and Algotech (ALGT) are two prospects that are getting significant investor attention under the $2 mark. Fantom Price Has Correction After Strong Bullish Period Fantom (FTM) is a blockchain platform designed to meet…
1 year ago
Lava Lending Exploited By Flash Loan Attack; Crypto Worth $340K Stolen
The post Lava Lending Exploited By Flash Loan Attack; Crypto Worth $340K Stolen appeared first on Coinpedia Fintech News A major decentralized lender, Lava Lending, was the latest target of a sophisticated hack, which eventually led to a loss of about $340,000 worth of cryptocurrencies. Although the vulnerability was directed to different contract categories like UST, wstETH, UDSC.e and USDC, the platform quickly answered the problem. Firefighters are looking into a reported exploit. Please sit tight as we work with…
1 year ago
Solana meme coin Strikes again: The Underdog Meme Coin Challenges the Crypto Titans Like Doge
The post Solana meme coin Strikes again: The Underdog Meme Coin Challenges the Crypto Titans Like Doge appeared first on Coinpedia Fintech News The excitement surrounding meme coins continues unabated, and a fresh contender, Lucky Boo ($BOO), is swiftly climbing the ranks. Lucky Boo, a charming token on the Solana blockchain, is capturing hearts and investments alike, drawing parallels to the iconic DOGE with its burgeoning community and ambitious goals. Airdrops & Staking Rewards Spark Enthusiasm for $BOO What’s behind…
1 year ago
Pepe Coin & Floki Inu Whales Bet Big on Scorpion Casino: Is This The Next Crypto To Explode?
The post Pepe Coin & Floki Inu Whales Bet Big on Scorpion Casino: Is This The Next Crypto To Explode? appeared first on Coinpedia Fintech News Crypto whales from the Pepe Coin (PEPE) and Floki Inu (FLOKI) communities are making substantial investments in Scorpion Casino, signaling a notable shift in the cryptocurrency market. This trend suggests a change in the investment focus within the digital currency ecosystem. The question then arises: Why are these crypto whales, previously known for their…
1 year ago
Goat.Tech Launches Revolutionary On-Chain Reputation System to Combat Crypto Scams and Foster Trust
[PRESS RELEASE – Hong Kong, Hong Kong, March 29th, 2024] Cryptocurrency scams are rampant, costing victims billions. A shocking report by the Federal Trade Commission (FTC) reveals that since the beginning of 2021, over $1 billion has been lost to crypto scams, a staggering figure representing more than one out of every four dollars reported lost in scams. In this Wild West of finance, trust is hard to come by. As the famous investor Warren Buffett said, “It takes 20…
1 year ago
A Whopping $15B in Crypto Options Are About to Expire, Will Markets React?
March 29 is an end-of-quarter Bitcoin options expiry event, and it is a big one. There are approximately 135,250 BTC options contracts expiring today. The notional value of today’s big batch of Bitcoin derivatives is a whopping $9.74 billion, making it the largest expiration event so far this year, according to Deribit. Bitcoin Options Expiry The put/call ratio for today’s huge tranche is 0.85, meaning there are slightly more long contracts being sold than shorts. There are more than a…
1 year ago
Shiba Inu Going To $0.0001: Crypto Analyst Reveals What Will Drive The Rally
Shiba Inu has gone on various price spikes in the past few months amidst a surge in activity and interest in the meme coin. This price movement has prompted traders and analysts to ponder on when SHIB can reach the much coveted $0.0001 mark, a price level which it has largely failed to reach despite the impressive price action. Micheal_EWPro, a crypto analyst, posted an analysis on when SHIB could potentially reach the $0.0001 price level. According to him, the…
1 year ago
Why BlackRock Could Bet On This RWA Token: Crypto Analyst
In an era where the boundaries between traditional finance (TradFi) and crypto continue to blur, the tokenization of real-world assets (RWAs) stands out as one of the hottest trends. This trend, which allows tangible assets like vehicles and real estate to be bought and sold as tokens on a blockchain, promises to revolutionize the efficiency and speed of asset transactions. Just last week, BlackRock, the world’s largest asset manager, has positioned itself at the forefront of this movement with the…
1 year ago
Altcoin season: how the Bitcoin Halving kicks off Crypto capital inflows
The Cryptocurrency world is buzzing with anticipation as the next Bitcoin Halving draws near, currently slated for mid-April 2024. This highly anticipated event, which takes place approximately every four years based on the number of blocks mined, is a pivotal moment in the lifecycle of the world's leading digital asset. For the uninitiated, the Bitcoin Halving is a pre-programmed event that cuts the reward for mining new Bitcoin blocks in half. This mechanism is designed to control the supply of…
1 year ago