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 about to follow a potential stock market rampage
The U.S. stock market is on fire as it continues its v-shaped recovery after the Japanese yen carry trade crash. Nearly back at all-time highs, the current surge is likely to persist. At the same time, the crypto market is just embarking on its own recovery. Which horse will be fastest? S&P 500 wiping out losses fast Source: TradingView The above weekly chart shows the S&P 500 (SPX). A deep correction, the scale of which hasn’t been seen since the…
10 months ago
AML Compliance Solutions in Crypto: Key Drivers, High-Risk Markets, and Future Outlook
In the past several years, the global crypto Anti-Money Laundering (AML) compliance solutions market has grown remarkably, reaching $686.89 million in 2023. As Verified Market Research reports, this sector is expected to surpass $1 billion by 2025, with a projected compound annual CAGR of 17.6% from 2024 to 2031. Such a swift expansion reflects the increasing mainstream adoption of crypto and the critical need for robust AML compliance solutions to combat illicit activities in the space. As cryptocurrencies integrate into…
10 months ago
Monday’s Crypto Leaderboard: BNB And XRP Surge Past Market Leaders
In a significant development, two of the top 10 cryptocurrencies on the market, Binance Coin (BNB) and XRP, have emerged as the outperformers this Monday, overshadowing the gains of industry leaders Bitcoin (BTC) and Ethereum (ETH). XRP Price Analysis XRP, the token associated with the blockchain company Ripple, has taken the lead among the top 10 cryptocurrencies surging nearly 6%. The token’s price reached a near two-week high of $0.6080 earlier on Monday, coupled with a 197% increase in trading…
10 months ago
Ripple (XRP), BONK, and PEPE Could See More Loses, Crypto Traders Hedge with Hidden Ethereum Token
The post Ripple (XRP), BONK, and PEPE Could See More Loses, Crypto Traders Hedge with Hidden Ethereum Token appeared first on Coinpedia Fintech News As the cryptocurrency market experiences turbulence, prominent tokens like XRP (XRP), Bonk (BONK), and Pepe Coin (PEPE) are facing a bloodbath. In response, savvy crypto traders seek safer alternatives to hedge their investments. One such option gaining traction is RCO Finance (RCOF), a lesser-known Ethereum-based token. Let’s find out why. Amid Recent Downtrend, XRP Community Leader…
10 months ago
Tether and Aptos Partnership: Time For Lightning-Fast Crypto Transactions!
The post Tether and Aptos Partnership: Time For Lightning-Fast Crypto Transactions! appeared first on Coinpedia Fintech News Tether- the issuer of the biggest stable coin USDT, dropped a huge announcement that’s gonna make transactions dirt cheap and super efficient. Are you ready to learn how Tehter is going to do that, let’s dive in. Tether’s Big Move to Aptos On August 19, Tether made an announcement that they’re taking its stablecoin -USDT, to the Aptos blockchain. This is not just…
10 months ago
Crypto Experts Believe This New ICO Will Surpass Dogecoin (DOGE) Becoming The Biggest Memecoin
Dogecoin (DOGE) has long held the title of a leading memecoin, captivating both investors and the general public with its unique blend of humor and financial potential. However, a new ICO, Mpeppe (MPEPE), is generating significant buzz and is being heralded by crypto experts as a potential challenger to Dogecoin (DOGE)’s dominance. Let’s dive into why Mpeppe (MPEPE) could surpass Dogecoin (DOGE) and become the next big thing in the memecoin arena. Dogecoin (DOGE): The Memecoin Pioneer The Legacy of…
10 months ago
Trending Crypto Presale PlayDoge (PLAY) Ends In 7 Days – Best Meme Coin To Buy Now?
One of the best new meme coins is going live this month. PlayDoge (PLAY) has been in high demand since the very start of its presale, having already raised over $6.1 million in a few short weeks. However, the presale is coming to an end in just 7 days, scheduled to close on August 26th at 10 AM UTC. Unsurprisingly, the hype and FOMO surrounding the project have reached a fever pitch. ? Important Announcement ? PlayDoge’s highly anticipated…
10 months ago
Viral MemeFi Token Crypto All-Stars Raises $500K in Presale – Next 10x Coin?
The post Viral MemeFi Token Crypto All-Stars Raises $500K in Presale – Next 10x Coin? appeared first on Coinpedia Fintech News The Crypto All-Stars ($STARS) presale has raised $500K in five days – investors can’t get enough. Unlike most meme coins on the market, $STARS serves a specific purpose: It provides access to “MemeVault”, the first-ever unified meme coin staking protocol. Right now, investors can buy $STARS at the discounted presale price of $0.0013911. However, this will incrementally step up…
10 months ago
Why Is Crypto Going Down Today?
As of August 2024, the crypto market has faced serious turbulence, hence dictating widespread concern among investors. This period has been characterized by steep drops in cryptocurrency prices, particularly that of Bitcoin, which registered more than a 20% drop within just a few days. More so, the reasons behind such a downturn need to be understood by everyone who is connected with the crypto space and more importantly for those who intend to stake through platforms like StakingBonus. Before we…
10 months ago