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
Is Japan’s Economic Shake-Up the Key to the Next Big Crypto Surge? Here’s What’s Happening
The post Is Japan’s Economic Shake-Up the Key to the Next Big Crypto Surge? Here’s What’s Happening appeared first on Coinpedia Fintech News Japan’s recent economic shifts have sent ripples through the global financial landscape, particularly affecting the value of the Japanese yen (JPY) against the U.S. dollar (USD). However, the volatility of the Japanese yen, alongside significant movements in crypto assets and major trading activities, has sparked speculation about the future of Japan’s economic role in the crypto market.…
10 months ago
SUI Explodes 30% After Crypto Market Shows Signs Of Life
Despite the fears that the downtrend will continue, the crypto market resumes its bullish drive upward with the altcoin market showing the most significant gains. SUI is one of those tokens, gaining almost 31% in the past 24 hours as major cryptocurrencies like Bitcoin and Ethereum returned to pre-correction levels. As the market continues to rally, SUI might continue to capture the broader momentum, keeping the bears at bay. This comes after institutional interest hit the Sui platform, which will…
10 months ago
Bitcoin Nears $60,000 As Putin Signs Law Legalizing Crypto Mining In Russia
In a significant boost for the largest cryptocurrency on the market, Bitcoin (BTC) has surged nearly 9% in the last 24 hours, inching closer to the coveted $60,000 milestone. This price rally comes after BTC hit a 7-month low of $49,000 earlier this week amid broader market uncertainty. Fueling this crypto resurgence is a significant development in Russia, where President Vladimir Putin has officially signed a law legalizing cryptocurrency mining in the country. Russia Formalizes Crypto Mining Rules According to…
10 months ago
Crypto Price Analysis 8-9 BTC, ETH, SOL, XRP, DOGE, AVAX, SEI
Bitcoin (BTC) has surged past the $60,000 mark as markets recovered. The broad-based crypto rally saw other major cryptocurrencies, including Ethereum (ETH), Solana (SOL), and XRP, gain around 8% to 10%. One observer noted that prices rarely make such a recovery after major capitulation events, such as the one that occurred on Monday. After a rough week, the crypto markets were buoyed by news that the US economy looks much healthier than previously thought and that a judge approved the…
10 months ago
Bitcoin.com Launches V-Card Debit Card In Self-Custody Bitcoin and Crypto DeFi Wallet App
Tokyo, Japan, August 9th, 2024, Chainwire Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has integrated into its wallet, games, news, and education platform a debit card that empowers users to spend their cryptocurrency seamlessly at any location Mastercard® is accepted. V-Card is now available in the Bitcoin.com app and on Bitcoin.com’s website here. “This is a game-changer for crypto self-custody holders who seek the flexibility and convenience of traditional financial systems without compromising their principles and…
10 months ago
Crypto Market Surges 11%, Reclaiming $2T as Bitcoin Blasts Past $61K
The post Crypto Market Surges 11%, Reclaiming $2T as Bitcoin Blasts Past $61K appeared first on Coinpedia Fintech News The crypto market made a significant move overnight, surging 11% to reclaim the $2 trillion level, now standing at $2.105T. Bitcoin led the charge, crossing $61K once again, reflecting renewed investor confidence. At the same time, U.S. Bitcoin ETFs made headlines by acquiring 3,376 BTC—an impressive feat given that only 450 Bitcoins are mined daily. The total net flow reached $194.6…
11 months ago
Crypto Analyst Identifies Mid-Cap Altcoin Set To Surge 1,100%
Crypto analyst Javon Marks has identified a mid-cap altcoin that can potentially make significant gains in this bull run. Based on his analysis, a 1,100% price surge is already in the works for this altcoin. JASMY To Surge By Over 1,100% Marks predicted in an X (formerly Twitter) post that JASMY will surge by over 1,100% soon enough. The analyst was confident about the altcoin enjoying such a price rally, noting how every pullback for JASMY since its breakout has…
11 months ago
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CryptoAnalysts Recommend This Top Crypto for Purchase Before It Soars 1300%
As the cryptocurrency market continues to evolve, analysts are highlighting MoonTaurus (MNTR) as a top investment opportunity poised for exceptional growth. With its presale phase currently underway, MNTR is attracting significant attention due to its potential for a staggering 1300% return on investment. Priced at just $0.005 during the initial presale stage, early investors are positioned to benefit greatly before the token's anticipated surge. As the presale progresses and MNTR gears up for exchange listings, it is being recommended by…
11 months ago
Putin Signs the Law : Russia To Mine Crypto
The post Putin Signs the Law : Russia To Mine Crypto appeared first on Coinpedia Fintech News In a significant ruling, the President of Russia, Vladimir Putin, has signed a law on Thursday to legalize crypto in Russia. This bill will enable registered Russian entrepreneurs to mine cryptocurrency. Let’s understand who will be allowed to mine crypto and where they can sell it. Legalizing of Crypto Mining BRICS started embracing digital assets in the last few months. Reports suggest that…
11 months ago