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 Price Likely to Hit $40,000 in September Forecast Says, but the Crypto AI Could Still Bloom
The post Bitcoin Price Likely to Hit $40,000 in September Forecast Says, but the Crypto AI Could Still Bloom appeared first on Coinpedia Fintech News Bitcoin (BTC) has plunged from the 20-day EMA of $60,497 over the past few days, indicating a growing bearish force, which analysts believe might push the Bitcoin price to $40,000 in September. Meanwhile, investor interest in crypto AI tokens like RCO Finance (RCOF) has risen, meaning the sector might still rally in September. Why do…
10 months ago
Best 3 Crypto AI Tokens to Buy in 2024 as the FET Price Eyes Another 100x Run
Recent market analysis has shown that the Artificial Superintelligence Alliance (FET) token is gearing up for a 100X rally from its current price. At the same time, RCO Finance (RCOF), Theta Network (THETA), and The Graph (GRT) have appeared on the list of the best crypto AI tokens to buy in 2024. Let’s find out why these coins are suitable investment vehicles. Analyst Says FET Aiming For All-Time High Recently, Captain Faibik, a well-known crypto community member, shared a prediction,…
10 months ago
Ripple’s Chief Legal Officer Slams SEC’s Use Of ‘Crypto Asset Securities’: ‘Stop Trying to Deceive Judges’
The post Ripple’s Chief Legal Officer Slams SEC’s Use Of ‘Crypto Asset Securities’: ‘Stop Trying to Deceive Judges’ appeared first on Coinpedia Fintech News Ripple’s Chief Legal Officer, Stuart Alderoty took to social media on September 2 and expressed concerns about the SEC’s negligence. Taking to his X handle, he wrote, “The term ‘crypto asset security’ is nowhere to be found in any statute—it’s a fabricated term with no legal basis. The SEC needs to stop trying to deceive judges…
10 months ago
Crypto Market Watch: Bitcoin ETFs Face $305M Outflow as Investors Panic
The post Crypto Market Watch: Bitcoin ETFs Face $305M Outflow as Investors Panic appeared first on Coinpedia Fintech News Digital asset investment products, including BlackRock’s iShares Bitcoin Trust (IBIT) and ARK 21Shares Bitcoin ETF (ARKB), saw a net cash outflow of $305 million last week. Rising concerns about further crypto declines in September have led investors to take profits and protect their capital. Recent stronger-than-expected economic data in the United States has made a 50 basis points interest rate cut…
10 months ago
SOL Investors Eye Mpeppe (MPEPE) for Profits: The Latest Trend in the Crypto Market
As the cryptocurrency landscape continues to evolve, savvy investors are always on the lookout for the next big opportunity. Recently, Solana (SOL) investors have started shifting their focus to new, promising projects like Mpeppe (MPEPE), drawn by the potential for significant returns. This strategic migration highlights the growing discontent among SOL holders, who are increasingly seeking alternatives in a market that is as volatile as ever. Solana (SOL)’s Struggles in the Current Market Solana (SOL) has long been heralded as…
10 months ago
Crypto Analyst Explains Why Cardano Remains ‘Fundamentally Bullish’
In a video analysis delivered to his 368,000 YouTube subscribers, Dan Gambardello explains why he believes that ADA remains fundamentally bullish despite the -17% price drop over the past 10 days. Gambardello emphasizes several key developments and technical setups within the Cardano ecosystem, particularly focusing on its recent transition to on-chain governance through the “Chang” hard fork. Why Cardano Is ‘Fundamentally Bullish’ The core of Gambardello’s analysis began with the implementation of the Chang hard fork, which he describes as…
10 months ago
ABD Systems Announces the Launch of ABDS Token to Simplify Crypto Adoption
ABD Systems, a trusted leader in IT solutions, is thrilled to introduce the ABDS Token - a cryptocurrency set to revolutionize digital finance by making it more accessible, secure, and user-friendly. With a proven track record of delivering top-tier IT solutions, ABD Systems is leveraging its extensive experience to bring this innovative financial product to the crypto market. The announcement of the ABDS Token launch was made by the ABD Systems team via their official account on X (formerly known…
10 months ago
Spending Crypto Anywhere: Bybit Powered by SATOS Brings Crypto Convenience to the Netherlands with Launch of Bybit Card
Dubai, United Arab Emirates, September 2nd, 2024, Chainwire Bybit Powered by SATOS is thrilled to announce the launch of the Bybit Card in the Netherlands. This innovative debit card empowers users to seamlessly utilize their crypto assets for everyday transactions, from purchasing groceries at Albert Heijn to enjoying a coffee at the train station. Bybit Card is set to revolutionize how Dutch users engage with their cryptocurrency assets. The Bybit Card offers a unique opportunity for users in the Netherlands,…
10 months ago
Presale Crypto Success: Artemis Coin Raises 500k and Secures 7 Listings
London, UK, September 2nd, 2024, Chainwire The cryptocurrency market has witnessed a surge in presale events, with Artemis Coin emerging as a standout success story. In a remarkable feat, this presale crypto has raised an impressive $500,000 and secured listings on seven exchanges. This achievement highlights the growing interest in token presales and their potential to shape the future of digital assets. Artemis Coin's success can offer valuable insights into the world of crypto presales and their impact on the…
10 months ago