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
Here’s What’s Next For The Top 2 Meme Coins As Crypto Market Stumbles!
The post Here’s What’s Next For The Top 2 Meme Coins As Crypto Market Stumbles! appeared first on Coinpedia Fintech News With the price of Bitcoin plunging toward its $58,000 mark, the memecoins have lost momentum and recorded significant correction in their respective portfolios. Further, some mid-cap memecoins have experienced a double-digit drop during this period. Amid current market situations, questions like “Is this the right time to invest in memecoins?” and “Is memecoin a good investment?” are on a…
10 months ago
Can Trump and Musk’s Interview Tonight Capture the Crypto Community’s Heart?
The post Can Trump and Musk’s Interview Tonight Capture the Crypto Community’s Heart? appeared first on Coinpedia Fintech News Crypto is already a hot topic in the ongoing U.S. presidential election campaign. Donald Trump Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016…
10 months ago
Weekly Crypto Hack Report: Largest Incidents and Financial Losses
The post Weekly Crypto Hack Report: Largest Incidents and Financial Losses appeared first on Coinpedia Fintech News As with many other types of cryptocurrencies, breaches exemplify remaining deficiencies and reveal their potential for producing severe financial harm. This week’s report begins with exploring fresh and prominent hacking-related stories that happened in the industry, and the analysis of the hacks witnessed in detail. Ronin Bridge Exploit: $12 million withdrawn due to Contract vulnerability The Ronin Bridge project was one of the…
10 months ago
SUI Leads Crypto Market With 78% Weekly Uptick: Here’s Why
Over the past seven days, Sui (SUI) has emerged as the standout performer in the crypto market, recording an massive 78% increase in its price. This surge positions SUI as the leader among the top 100 cryptocurrencies by market capitalization, significantly outperforming its peers, Helium (HNT) with a 60% increase and Bittensor (TAO) at 50%. Why Is SUI Up Over The Past Week? Andrew Kang, the founder of Mechanism Capital, provided insights into the SUI’s recent success in a series…
10 months ago
Crypto Price Analysis 8-12 BTC, ETH, SOL, DOT, XRP, TON, WIF
Bitcoin (BTC) slipped below $60,000 on Sunday, going below even the $59,000 price level as markets tumbled over the weekend. BTC hit an intra-day high of $61,970 before turning bearish and falling to a low of $58,395. The BTC price chart shows that the 50-day SMA has dipped below the 200-day SMA. Buyers have also been struggling to build upon BTC’s sharp recovery on August 8, unable to get beyond $62,000, indicating sellers are highly active at upper levels. Sunday’s…
10 months ago
Crypto Market News Today: Bitcoin Crashes Below $59,000—Ethereum Heads to $2500, Altcoins Consolidate
The post Crypto Market News Today: Bitcoin Crashes Below $59,000—Ethereum Heads to $2500, Altcoins Consolidate appeared first on Coinpedia Fintech News Yet another weekend remained under bullish influence as market sentiments turned extremely bearish during the weekend. Bitcoin faced massive selling pressure, which eliminated 50% of the gains incurred in the previous week. While the bulls are unsure of the next price action, the bears appear to be waiting for the right time to jump in. Therefore, the bearish clouds…
10 months ago
Pics of Mollars.CC, a new Decentralized Crypto Exchange Shared, ERC-20 Token Rises +15% in 5 Days
The post Pics of Mollars.CC, a new Decentralized Crypto Exchange Shared, ERC-20 Token Rises +15% in 5 Days appeared first on Coinpedia Fintech News The Mollars (MOLLARS) token which first listed on crypto exchanges 2 months ago and rose nearly 300% in price before a market correction, may be set to enter a new bull cycle. The developers of the Bitcoin rival for Ethereum’s ERC-20 network revealed pictures of the new crypto exchange set to launch on Mollars.CC today. And…
10 months ago
Experts Recommend MoonTaurus (MNTR) as the Top Investment for 2024 Amid Crypto Market Volatility
The post Experts Recommend MoonTaurus (MNTR) as the Top Investment for 2024 Amid Crypto Market Volatility appeared first on Coinpedia Fintech News On August 5, 2024, the crypto market experienced one of its biggest shakeouts of the year, with over $1 billion being liquidated within 24 hours. Bitcoin (BTC) sank over 10%, briefly dipping below $50,000, while Ethereum (ETH) lost over 21%. This turbulence has prompted investors to seek cryptocurrencies offering a safer hedge against market volatility. While BTC and…
10 months ago
Crypto Gurus Predict Rollblock (RLBK) Positioned to Outpace Established Projects Litecoin and Filecoin in Q4 Bull Run
The post Crypto Gurus Predict Rollblock (RLBK) Positioned to Outpace Established Projects Litecoin and Filecoin in Q4 Bull Run appeared first on Coinpedia Fintech News The August market crash had many people nervous, but it was just a blip on the bull run radar as most coins have almost completely recovered and are going faster than ever. This is the resilience of crypto. But there’s never something for nothing, and while some tokens rode it out, established coins like Filecoin…
10 months ago