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…
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CryptoCurio Announces $5.7 Million Funding Round to Launch Duper Season One, Co-led by Bain Capital Crypto and SevenX Ventures
San Francisco, United States, August 6th, 2024, Chainwire Duper invites players to experience high-stakes fun and strategic gameplay. Curio, a games studio and developer, today announced it has raised an additional $5.7 million in capital, co-led by Bain Capital Crypto and SevenX Ventures with participation from OKX Ventures. The latest round builds upon the $2.9 million raised in 2022 led by Bain Capital Crypto. Concurrently, Curio has released Duper, their flagship strategy game, along with the launch of its first…
11 months ago
Top Altcoins to Survive the Crypto Crash: Experts Spot 3 Metrics Signaling Bitcoin Reversal
The post Top Altcoins to Survive the Crypto Crash: Experts Spot 3 Metrics Signaling Bitcoin Reversal appeared first on Coinpedia Fintech News The crypto market is currently in a dip, with Bitcoin (BTC) falling 30% from its peak. A glimmer of hope appears: the tides may be shifting. A Bitcoin (BTC) bounce is looking increasingly likely, and that could be the tipping point that sends the market into a bullish turnaround. Ethereum (ETH), Solana (SOL), and others present promising opportunities…
11 months ago
Top Meme Coins To Buy As The Worst Is Behind The Crypto Markets
The post Top Meme Coins To Buy As The Worst Is Behind The Crypto Markets appeared first on Coinpedia Fintech News With Bitcoin holding the downfall above $50K, the intraday growth signals a reversal opportunity. This leads to a minor hypersonic recovery in the altcoins, especially the sentiment-sensitive meme coins. Spearheading the next stage of recovery, the meme coins are on the verge of breakout events. So, let’s look closer at the top meme coins to buy this week as…
11 months ago
Solana (SOL) still the stand-out play for this crypto bull market
Solana($SOL) suffered a 42% reversal in the space of less than 2 weeks. However, the $SOL price has seen one of the strongest reactions over the last couple of days, with a 26% bounce so far. Will $SOL continue to leave $BTC and $ETH in the shade over the rest of this bull market? Solana major tech still to come Solana is catching Ethereum, and it is outperforming Bitcoin. We are arguably more than half way through this current bull…
11 months ago
Expert Traders Predict Dogecoin at $0.11 and Newly Launched Crypto MoonTaurus, Now at $0.005, Will Reach $1 by Q4
Dogecoin has recently bounced off a key support zone at $0.10, with technical indicators pointing to a possible rally. The cryptocurrency, currently valued at $0.11, is poised for further gains as it rides out the end of its corrective phase. Experts forecast strong momentum that could see the token reach $1 by the end of 2024. Meanwhile, MoonTaurus (MNTR) has also entered the spotlight. This recently launched meme coin is rapidly gaining traction with its presale performance and optimistic projections.…
11 months ago
Crypto Price Analysis 8-6 BTC, ETH, SOL, ADA, TRX, SEI, ATOM
The cryptocurrency markets have recovered over the past 24 hours, with Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and other major cryptocurrencies rebounding after a bloodbath that saw their prices hit lows not seen in months. The crash in the Japanese stock market triggered panic across the traditional and cryptocurrency markets. Bitcoin (BTC) has been down almost 17% over the past week, while ETH has been down by nearly 25% in the same period, with the latter witnessing its steepest fall…
11 months ago
US Stocks and Crypto Headed for Blow-Off Top, Analyst Says
Market analyst and trader Henrik Zerberg predicts a blow-off top in US markets for cryptocurrency and stock sectors. This prediction comes after the market-wide crash on Monday, which saw over $1 billion in crypto positions liquidated. The crypto industry is recording a shift in sentiment, with Bitcoin up 8%, holding well above $55,000, and dragging altcoins along with it. Blow Off Top To Come In Crypto and Stock Markets Zerberg anticipates new all-time highs (ATHs) in the US stock market…
11 months ago
Is the Crypto Crash Over? Market Recovers with Impressive $2 Trillion Cap
The post Is the Crypto Crash Over? Market Recovers with Impressive $2 Trillion Cap appeared first on Coinpedia Fintech News The crypto market has significantly rebounded from Monday’s crash despite the heightened forced liquidation of leveraged traders. Led by Bitcoin (BTC) and Ethereum (ETH), the crypto market registered heightened trading volume in the past 24 hours. For instance, Bitcoin recorded a more than 90 percent rise in daily average traded volume to about $93 billion. Consequently, Tuesday’s total crypto market…
11 months ago
The Impact of Central Bank Digital Currencies (CBDCs) on the Crypto Ecosystem
The post The Impact of Central Bank Digital Currencies (CBDCs) on the Crypto Ecosystem appeared first on Coinpedia Fintech News I. Introduction A brief definition of CBDCs CBDCs are digitized versions of national fiat money directly controlled by a country’s central bank. While Bitcoin and Ethereum remain decentralized virtual currencies, where entire systems function as a distributed network without central authorities, CBDCs promote state regulation and management of financial circulation with state-controlled monetary policies. Current Status of CBDC across the…
11 months ago