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
Crypto Legislation 2024: How GOP Senate Hopes to Reshape US Crypto Regulations
The post Crypto Legislation 2024: How GOP Senate Hopes to Reshape US Crypto Regulations appeared first on Coinpedia Fintech News As the window for crypto legislation in 2024 narrows, key Republican figures, including Sen. Cynthia Lummis (R-Wyo.) and Sen. Tim Scott (R-S.C.), at Wyoming Blockchain Symposium 2024 remain optimistic about passing meaningful crypto laws this year. Politics to Drive Crypto Regulation Speaking at the SALT Wyoming Symposium, they highlighted the ongoing work in the Senate Agriculture Committee as a potential…
10 months ago
Harris To Support Digital Asset Policies To Ensure Crypto Industry Growth, Says Campaign Advisor
The post Harris To Support Digital Asset Policies To Ensure Crypto Industry Growth, Says Campaign Advisor appeared first on Coinpedia Fintech News According to a latest Bloomberg report, a policy adviser to Kamala Harris’s campaign has revealed that the Vice President will support measures to help grow digital assets. Harris To Support Digital Asset Policies When asked about their efforts to engage the crypto community, Brian Nelson, the senior campaign advisor for policy to the campaign said, “She’s going to…
10 months ago
Polygon (MATIC) Breakout Could Propel Price To $1 In Days: Crypto Analyst
Polygon (MATIC) stands as one of the top performers in today’s crypto market, ranking third among the top-100 cryptocurrencies by market cap as of August 21. With a gain of 9% within the last 24 hours, the MATIC price recent surge is outpaced only by the Justin Sun associated crypto assets, TRON (+12%) and BitTorrent (+22%). Over the past week, MATIC has experienced a notable rally, accumulating over a 23% increase in its value. This upswing has positioned MATIC at…
10 months ago
Pawfury PAW: The Next 100x Crypto Star? Here’s What Experts Are Saying
The post Pawfury PAW: The Next 100x Crypto Star? Here’s What Experts Are Saying appeared first on Coinpedia Fintech News The cryptocurrency landscape is abuzz with excitement as Pawfury (PAW) takes centre stage, captivating the attention of industry experts and seasoned investors alike. With its innovative approach and remarkable presale success, Pawfury is being hailed as a potential 100x investment opportunity, drawing parallels to early-stage projects that went on to deliver astronomical returns. Pawfury (PAW) – The New Emerging Star…
10 months ago
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CryptoMassive $55M Loss: How a Simple Click Cost a Crypto Whale Everything!
The post Massive $55M Loss: How a Simple Click Cost a Crypto Whale Everything! appeared first on Coinpedia Fintech News Scammers are becoming highly active in the crypto world. We have already seen multiple hacks this year. In a latest exploit a crypto whale lost $55.47 million in DAI stablecoins to a phishing attack. The loss happened as the whale signed an unrecognized transaction. This event has raised concerns about the growing risks of scams in the crypto ecosystem. What…
10 months ago
2024 Crypto Forecast: The 3 Altcoins Poised for Explosive Growth This August
The post 2024 Crypto Forecast: The 3 Altcoins Poised for Explosive Growth This August appeared first on Coinpedia Fintech News As the crypto market heads into 2024, Shiba Inu (SHIB) and Solana (SOL) are attracting significant attention due to their potential for explosive growth. Shiba Inu, known for its strong community and expanding ecosystem, and Solana, recognized for its scalable blockchain technology, are poised to make significant gains this August. However, alongside these well-known names, MoonTaurus (MNTR) is emerging as…
10 months ago
Ethereum (ETH) Investors Believe This New ETH ICO Will Rock The Crypto Market
The cryptocurrency market is no stranger to groundbreaking developments, but the buzz surrounding the latest Ethereum (ETH)-based ICO, Mpeppe (MPEPE), suggests that something truly special is on the horizon. Ethereum (ETH) investors, known for their keen eye on innovative projects, are increasingly optimistic that Mpeppe (MPEPE) could be the next big thing to rock the crypto market. Here’s why this new ICO is capturing the imagination of ETH holders and what it could mean for the future of digital assets.…
10 months ago
Crypto Price Analysis 8-21 BTC, ETH, SOL, DOGE, XRP, UNI, TIA
Bitcoin (BTC) briefly climbed above $61,000 on Tuesday but could not stay above this level as sellers immediately drove the price back towards $60,000. Growing selling pressure forced BTC back below $60,000, with the cryptocurrency currently trading around the $59,500 mark. Crypto markets registered a notable increase on Tuesday, with all major cryptocurrencies registering gains. However, markets have hit a rough patch, with most coins in the red at present. The anticipation around the Federal Reserve meeting minutes and the…
10 months ago
Mt.Gox News: How the 12,000 Bitcoin Transfer Affects Crypto Market Dynamics?
The post Mt.Gox News: How the 12,000 Bitcoin Transfer Affects Crypto Market Dynamics? appeared first on Coinpedia Fintech News Mt. Gox, the defunct cryptocurrency exchange, has made headlines again by transferring around 12,000 BTC—valued at approximately $709.44 million—to a new wallet address late on Tuesday night, according to blockchain analytics firm Arkham. This significant movement occurred at around 11:39 p.m. UTC, raising eyebrows within the crypto community. We’re all watching closely. Here’s what you should know. Transaction Details The funds…
10 months ago