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
Bitcoin Plunges in $2 Trillion Crypto Crash; Analysts Point to 100x Raboo to Offset Losses!
Bitcoin (BTC) crashed over 6% in the past month. That left other altcoins tumbling in double digits in the same span. Amidst the crippling crypto crash, investors are avidly hunting for the next 100x crypto. The AI-backed MemeFi token Raboo ($RABT) integrates SocialFi and artificial intelligence to foster an engaged and vibrant community where meme enthusiasts can engage in fun meme activities. Let's find out why analysts believe Raboo is the next 100x crypto in the meme coins space that…
9 months ago
Ethereum Name Service Integration Enhances Crypto Transfers on PayPal and Venmo
Ethereum Name Service (ENS) has integrated with PayPal and Venmo, enabling users to transfer cryptocurrency using ENS names and simplifying the transaction process for over 270 million U.S. users. ENS For Venmo, PayPal Users Venmo and PayPal users will now be able to transfer cryptocurrency using Ethereum Name Service (ENS) names. On September 10, ENS Labs, the team behind the Ethereum-based domain protocol, announced a significant integration with PayPal and Venmo. This partnership will enable over 270 million U.S.-based users…
9 months ago
Crypto Night in Seoul Forest: A Resounding Success at Korea Blockchain Week 2024, Organized by LBank Labs
Seoul, South Korea, September 11th, 2024, Chainwire The Crypto Night in Seoul Forest, hosted by TokenPost, and organized by LBank Labs, took place on September 5, 2024 at UNDERSTAND AVENUE in Seoul Forest. The event attracted approximately 1,400 participants eager to explore blockchain and Web3 innovations. As an official side event of Korea Blockchain Week (KBW) 2024, it built on the momentum of the main conference and further fueled excitement around blockchain technology. Attendees enjoyed performances by top DJs Dorothy,…
9 months ago
Best Crypto Coins to Buy Now Priced Under $1: Penny Cryptos with 1000x Profits on Cards
The post Best Crypto Coins to Buy Now Priced Under $1: Penny Cryptos with 1000x Profits on Cards appeared first on Coinpedia Fintech News In today’s volatile crypto market, finding the next big winner is like searching for a needle in a haystack. Many investors dream of discovering that elusive coin that could turn a small investment into life-changing wealth. But with thousands of options, how do you identify which penny cryptos have real potential? There is surely a way…
9 months ago
What is Happening to the Crypto Market? Crypto ETFs Outflow Streak Explained
The post What is Happening to the Crypto Market? Crypto ETFs Outflow Streak Explained appeared first on Coinpedia Fintech News The crypto ETFs are changing the way investors can interact with an asset. The SEC approved 11 Bitcoin Spot ETFs on January 10, this year. On the other hand, the first Ethereum Spot ETF started trading on July 23. Since then, the ETFs have been witnessing a greater amount of inflows, with some cases of outflows as well. Bitcoin Spot…
9 months ago
RWA Coin Rexas Finance (RXS) Nabs Top Spot as Market Expert Ranks Best Crypto Presales of 2024
2024 has proven to be a standout year for presales, with numerous innovative projects entering the market. One project that has risen above the competition is Rexas Finance (RXS), a Real-World Asset (RWA) tokenization platform. Recently, a prominent market expert ranked the Rexas Finance presale as the best crypto presale of 2024. This ranking is a testament to the groundbreaking technology, strategic vision, and high demand that Rexas Finance has demonstrated in a competitive market. Rexas Finance (RXS) At the…
9 months ago
Crypto Price Analysis 9-11 BTC, ETH, SOL, DOT, OP, TAO, UNI, FET
Bitcoin (BTC) briefly hit $58,000 early in today’s session, but selling pressure forced the price back below $57,000. The world’s largest cryptocurrency continues to face resistance at upper levels, causing bulls to lose momentum. Analysts are worried BTC and the larger crypto market may be slipping into a bear market given its inability to reclaim the $60,000 level and move to the 200-day SMA. This is why BTC’s recent gains have been met with skepticism. Exchange inflows have also registered…
9 months ago
Bitcoin ETFs Attract $117 Million as Investors Bet on Crypto Recovery
On Tuesday, Bitcoin exchange-traded funds (ETFs) received inflows totaling approximately $117 million. Leading this surge, Fidelity’s Bitcoin Fund (FBTC) captured around $63 million in net inflows. Consequently, FBTC’s eight-month total inflows now stand at $9.5 billion. BlackRock’s Bitcoin ETF Yet to Record Inflows On the same day, Grayscale’s Bitcoin Mini Trust (BTC) and ARK Invest/21Shares’ Bitcoin ETF (ARKB) also experienced substantial inflows. They attracted about $41.1 million and $12.7 million respectively. These figures signify that spot Bitcoin ETFs crossed the…
9 months ago
Crypto Crash Incoming? China’s Real Estate Crisis Sparks Fear
The post Crypto Crash Incoming? China’s Real Estate Crisis Sparks Fear appeared first on Coinpedia Fintech News Crypto analyst Wise Advice warns that the global market, including the cryptocurrency space, will face a new challenge – one far bigger than previous financial dumps. While the crypto community has survived multiple crises like Grayscale, Mt. Gox, and Japan’s stock market crash, the threat comes from China’s real estate market. He believes this could hit much harder than anticipated risks like Federal…
9 months ago