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
Coinbase Attacks the SEC Over New Rule-A New Crypto Battle Begins!
The post Coinbase Attacks the SEC Over New Rule-A New Crypto Battle Begins! appeared first on Coinpedia Fintech News Coinbase is once again in a heated battle with the U.S. Securities and Exchange Commission. The SEC has been trying to impose old rules on digital technology for a long time. Now they want to change the definition of exchanges to include Decentralized Exchanges (DEXs). Coinbase isn’t happy about it, and they did not hold back. Why Coinbase is Pushing Back…
10 months ago
The Crypto Bull Run is Here – 5 Altcoins That Could 10x in 2024!
The post The Crypto Bull Run is Here – 5 Altcoins That Could 10x in 2024! appeared first on Coinpedia Fintech News As the crypto market keeps shifting, investors are always on the lookout for the next big win. With the current bullish trend in full swing, there’s a lot of potential for some major gains. Sure, Solana (SOL) is all over the news, but let’s not forget there are other altcoins out there that could also bring in some…
10 months ago
Ethereum Leads The Charge as Weekly Crypto Inflows Hit $176M—CoinShares
Latest data from crypto asset manager CoinShares has shown a noticeable comeback in the crypto market. In its latest ‘digital asset fund flows weekly report,’ the asset manager revealed that last week marked a significant uptick in investor confidence, as digital asset investment products saw $176 million in inflows. According to James Butterfill, head of research at CoinShares, this surge in inflow signals a strong, “unanimous” positive sentiment across the board, with particular attention to Ethereum-based funds. Dissecting The Crypto…
10 months ago
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CryptoYear-To-Date Net Inflows Peak as Weekly Crypto Investments Reach $176 Million
Digital asset investments hit $176 million last week, effectively registering a resumption of inflows after a streak of negative flows. It comes after the recent market correction, with ETF (exchange-traded funds) investors seizing the opportunity to buy the dip. Ethereum Leads As ETF Investors Buy The Dip ETF analyst Eric Balchunas from Bloomberg Intelligence highlights an all-time high for year-to-date (YTD) net crypto inflows. He records this as the most important metric for measuring the success of ETFs. “And after…
10 months ago
SEC Charges NovaTech in $650 Million Crypto Fraud Affecting Over 200K Investors Globally
The post SEC Charges NovaTech in $650 Million Crypto Fraud Affecting Over 200K Investors Globally appeared first on Coinpedia Fintech News The Securities and Exchange Commission (SEC) has announced significant charges against NovaTech Ltd. and its principals, Cynthia and Eddy Petion, for executing a massive $650 million cryptocurrency fraud scheme that impacted over 200,000 investors globally. Many of the affected are from the Haitian-American community. Additional charges were levied against key promoters who accelerated the scam’s reach, making this one…
10 months ago
Why Investors Are Flocking to MoonTaurus (MNTR) as the Next Crypto Success Story
The post Why Investors Are Flocking to MoonTaurus (MNTR) as the Next Crypto Success Story appeared first on Coinpedia Fintech News MoonTaurus (MNTR) has captured the attention of crypto investors in 2024, promising outsized returns. Currently priced at $0.005 in its initial presale phase, MoonTaurus has already raised over $230,000, selling out 80% of the tokens. The next phase promises a 100% price increase, raising investor expectations and creating a sense of urgency. MoonTaurus (MNTR) MoonTaurus offers an early-bird opportunity…
10 months ago
Crypto Analyst Reveals Best Altcoins To Buy After This Crash
In the wake of the market crash of recent weeks, crypto analyst Michaël van der Poppe has provided an analysis of the trajectory of Bitcoin and its impact on altcoins. His remarks centered around Bitcoin dominance and the readiness of the altcoin markets, especially in sectors like Artificial Intelligence (AI) and decentralized finance (DeFi), for a potential rebound and significant growth. Van der Poppe started his analysis by discussing Bitcoin dominance, a metric that reflects Bitcoin’s market capitalization relative to…
10 months ago
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CryptoUSTC Preps For Explosive 360% Run, Crypto Analyst Reveals When
Crypto analyst Javon Marks has again provided a bullish narrative for Terra Classic USD (USTC). This time, the analyst predicted that the ‘stablecoin’ could rise by over 360% and revealed when this parabolic run would happen. When USTC Will Rise By Over 360% In a chart shared in an X (formerly Twitter) post, Marks suggested that USTC could begin its 360% parabolic run sometime this month and peak in September. The analyst explained that USTC is still holding a Bullish…
10 months ago
New Coin Alert: Crypto Casino Causing Cosmic Chaos, Revenue Share Model Unrivalled, Polygon (MATIC) And Chainlink (LINK) Investors Can’t Resist
Polygon (MATIC) and Chainlink (LINK) investors have stayed loyal for far too long and many have expressed frustrations with the lack of returns. Meanwhile, Rollblock’s early investors are already enjoying massive 100% gains, and many Polygon and Chainlinkinvestors are starting to buy as a result. Polygon (MATIC) Under Strong Bearish Pressure Polygon (MATIC) has been succumbing to the bears since early June. The Relative Strength Index (RSI) of 30 indicates that Polygon is in oversold territory. Since Polygon is also…
10 months ago