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 Scam? PolitiFi Token RTR Plummets 95% After Trump Family Denies Link
This week, a new PolitFi token made the headlines amid the crypto market recovery. Restore The Republic (RTR) caught the attention of investors after rumors of being linked to the Trump family surged. The Trump-themed token saw a massive surge after its launch. However, its price quickly plunged after the former US president’s camp denied any links with it. Trump-Themed Token Turns Out Fake On Thursday night, a PolitiFi token was surrounded by controversy after it plummeted by over 95%…
10 months ago
Bitcoin Climbs to $58,000 as ETF Inflows Spike, Drawing Attention to MoonTaurus (MNTR) As Best Crypto For 2024 Summer
Bitcoin has recently surged to $58,000, driven by a significant increase in inflows into exchange-traded funds (ETFs). This rise marks a renewed confidence among investors, particularly institutional ones, who are turning to Bitcoin as a stable and promising investment. The spike in ETF inflows has played a crucial role in boosting Bitcoin's price, highlighting the growing interest in regulated crypto investment options. As Bitcoin reaches new heights, the focus on cryptocurrency continues to intensify, drawing attention to other emerging tokens…
10 months ago
Top Crypto Analyst Predicts Solana (SOL) Price To Hit $1000—10 Reasons Why
The post Top Crypto Analyst Predicts Solana (SOL) Price To Hit $1000—10 Reasons Why appeared first on Coinpedia Fintech News Solana (SOL) has been one of the top performers in the current crypto cycle, boasting a 20x increase from its bear market lows. Yet, according to renowned crypto analyst Miles Deutscher, the rally may just be beginning, with the potential for a 5-10x upside that could see SOL reach $1,000. Here’s a breakdown of the 10 solid reasons fueling this…
10 months ago
Crypto Friendly Customers Bank Received FED Warning-Is This the End for Crypto’s Banking Ally?
The post Crypto Friendly Customers Bank Received FED Warning-Is This the End for Crypto’s Banking Ally? appeared first on Coinpedia Fintech News Customers Bank, one of the last of crypto friendly American banks has been warned by the Fed. The Federal Reserve, which controls the U.S. money system, has taken action against the bank because they’re not happy with how the bank handles risks and fights against money laundering .This is a big deal, especially because Customers Bank is a…
10 months ago
XRP or MPEPE: Which Crypto Will Bring More Life-Changing Profits
The cryptocurrency landscape is abuzz with excitement as investors weigh their options between Ripple (XRP) and the rapidly emerging Mpeppe (MPEPE) token. With both cryptos showing potential for substantial gains, the question on everyone’s mind is: which one will deliver life-changing profits? Ripple (XRP): A Legal Victory Sparks a Rally Ripple (XRP) has been a cornerstone of the crypto market for years, largely due to its utility in facilitating cross-border payments and its strong institutional support. The recent legal victory…
10 months ago
Kamala Harris Takes Lead Over Donald Trump On Polymarket – Here’s What It Could Mean For Crypto Prices
Kamala Harris is now the favourite to win the 2024 US Presidential elections, according to crypto betting site Polymarket. Harris now has a 49% odds of winning the White House in November, compared to 48% for Trump. Kamala Harris just took the lead. pic.twitter.com/ULNFB8dvNg — Polymarket (@Polymarket) August 9, 2024 Polymarket’s odds are in line with the other trusted polls. This could potentially be bad news for the crypto market, considering that Trump is the clear pro-crypto candidate.…
10 months ago
Toncoin has emerged as one of the best performers of the 2024 crypto market!
The post Toncoin has emerged as one of the best performers of the 2024 crypto market! appeared first on Coinpedia Fintech News Activity on TON has skyrocketed since the start of the year. In January, the number of daily active addresses held around the 20,000 mark and stands at around 400,000 today. Moreover, the transaction figures on TON have largely followed the same trend as, at the start of 2024. The network would typically see anything between 75k and 200k…
10 months ago
Democrats’ Plan to Win Back Crypto Voters: Which Altcoins Will Go Up?
The post Democrats’ Plan to Win Back Crypto Voters: Which Altcoins Will Go Up? appeared first on Coinpedia Fintech News Democrats are doubling down on their strategy to reclaim the trust of crypto enthusiasts, and it can boost crypto market with new positive moves. With market conditions ripe for potential growth, these altcoins are well-positioned to benefit from the Democrats’ crypto-friendly approach: Ripple (XRP), Toncoin (TON), Minotaurus (MTAUR), Solana (SOL), and AAVE (AAVE). Ready to grab onto the coattails of…
10 months ago
Global Crypto Giants Race for Turkey: Who’s In and Who’s Holding Back?
The post Global Crypto Giants Race for Turkey: Who’s In and Who’s Holding Back? appeared first on Coinpedia Fintech News Turkey is seeing a wave of high interest from various crypto companies eager to provide their services to the Turkish people. The Capital Markets Board of Turkey has just put out a list of 47 crypto exchanges that want to set up shop in the country. Implementation of the “Law on Amendments to the Capital Markets Law,” that came into…
10 months ago