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
Dogecoin Vs. Bitcoin: Gauging The Performances Of Two Crypto Giants This Cycle
Crypto analyst James has compared Dogecoin (DOGE) and Bitcoin (BTC) and provided insights into what to expect from these major cryptocurrencies in this market cycle. Based on his analysis, the foremost meme coin will likely outperform the flagship cryptocurrency in this bull run. What To Expect From Dogecoin And Bitcoin In This Cycle James suggested in an X post that Dogecoin will likely outperform Bitcoin in this market cycle. The analyst noted that since Dogecoin’s launch in 2013, the foremost…
8 months ago
XRP Price Set To Soar Past $5.85, Predicts Crypto Analyst
Crypto analyst Dark Defender (@DefendDark) has issued a bullish forecast for XRP, projecting a price surge above $5.85 based on a confluence of technical indicators and chart patterns. Despite recent market stagnation, the analyst highlights several key factors—including the application of Elliott Wave theory—that suggest a significant upward movement is imminent. Why XRP Looks Still ‘Super Bullish’ According to Dark Defender, the XRP price is currently determined by three trend lines. Two of these trend lines form a symmetrical triangle…
8 months ago
US Charges 14 Individuals And Four Crypto Companies In Major ‘Sham Trading’ Scandal
On Wednesday, US prosecutors charged four crypto companies and 14 individuals in what is hailed as the first criminal prosecution targeting financial services firms for market manipulation and sham trading activities within the crypto sector. Allegations Of Price And Trading Volume Manipulations According to a court filing by the US District Court of the District of Boston Massachusetts, one of the companies charged is crypto trading firm ZM Quant, which is registered in the British Virgin Islands. Prosecutors allege that…
8 months ago
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CryptoCrypto Whale Turns $2 Into Over $100 Million: Here’s How He Did It
Murad Mahmudov has (once again) garnered major attention in recent weeks, establishing himself as one of the leading crypto analysts—analogous to Keith Gill, also known as “Roaring Kitty,” in the stock market. Mahmudov has reportedly transformed an initial investment of just $2 into a fortune exceeding $100 million over the past five years. This astounding feat was detailed by Pix (@PixOnChain), an advisor to Mintify and researcher at Jirasan, and further analyzed by crypto analyst Rekt Fencer (@rektfencer) on X.…
8 months ago
5 Top Crypto ICOs in October 2024: Which One Holds the Most Promise?
As October 2024 unfolds, the crypto market presents several upcoming ICOs that offer significant potential for growth. Initial Coin Offerings (ICOs) provide a unique opportunity to invest early in projects before their values surge. From innovative blockchain technologies to rewarding incentive programs, these new projects give investors the chance to capitalize on future gains. Just as previous billion-dollar cryptocurrencies began through ICOs, today’s offerings bring similar possibilities. Let’s explore the most anticipated ICOs of this month that are poised to…
8 months ago
How the Fed’s Rate Cut Unleashed the Strongest Crypto Rally Yet With NEIRO, KAS, and CYBRO in the Spotlight
The latest rate cut by the Federal Reserve has triggered a powerful surge in the cryptocurrency market, propelling several digital coins to new heights. Among the standout performers are NEIRO, KAS, and CYBRO, which have captured significant attention. The article dives into the potential growth of these coins and what sets them apart in this bullish wave. CYBRO Presale Soars Past $3 Million: A One-in-a-Million NeoBank Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token…
8 months ago
Leading Stablecoin Issuers & Crypto Firms Embrace International Set Of Stablecoin Standards
London, United Kingdom, October 9th, 2024, Chainwire Stablecoin Standard’s newly introduced set of global standards receives endorsement from a number of stablecoin issuers, including GMO-Z.com Trust Company (‘GMO Trust’), StraitsX and BiLira, that offer G10 currencies including JPY, SGD, TRY & USDStandards also endorsed by top ecosystem participants including Fireblocks, Solana, Bitstamp, Zodia Markets and JST Digital Stablecoin Standard, the industry body for stablecoin issuers globally, today announced that their recently unveiled set of global standards for stablecoin issuers have…
8 months ago
Crypto Analyst Predicts Massive 8,400% Rise For XRP Price To $44, Calls It ‘Conservative’
Crypto analyst Egrag Crypto has predicted that the XRP price will rise 8,400% to $44. Interestingly, the analyst suggested that the crypto could still reach a higher price target, calling the $44 price level “conservative.” XRP Price To Reach $44 Egrag Crypto predicted in an X post that the XRP price would reach $44. He highlighted this price level as one of the conservative targets based on the current cycle and the Fib Channel. The $44 price level is the…
8 months ago
Crypto Price Analysis 10-9 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, RIPPLE: XRP, DOGECOIN (DOGE), RENDER: RNDR, ARBITRUM: ARB
Bitcoin (BTC) remained muted, registering a marginal decline over the past 24 hours. It continues to hover just under the $62,500 mark. The crypto markets have not seen much movement over the past 24 hours, with cryptocurrencies such as Ethereum (ETH) registering a marginal increase to remain above $2,400, while Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Toncoin (TON), and others reported similar marginal increases. The overall crypto market cap also reported a marginal decline, falling by 0.17% to $2.17 trillion.…
8 months ago