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
Bitcoin Déjà Vu: Is the King of Crypto Ready for a Breakout?
The post Bitcoin Déjà Vu: Is the King of Crypto Ready for a Breakout? appeared first on Coinpedia Fintech News Since the Bitcoin halving on April 20, Bitcoin’s price has been stuck in a broad range between $53,000 and $72,000. Despite this extended period of price stability, technical charts and indicators suggest that Bitcoin might be on the brink of a significant breakout. Renowned crypto analyst Titan of Crypto has pointed out that Bitcoin’s current behavior closely resembles its pattern…
11 months ago
August Top Crypto Picks For Huge Gains: Lido DAO, Jupiter and DTX Exchange
The post August Top Crypto Picks For Huge Gains: Lido DAO, Jupiter and DTX Exchange appeared first on Coinpedia Fintech News It is a new month in crypto, poised to be bullish. Positive macro tailwinds are anticipated, along with huge inflows into Ethereum and Bitcoin ETFs. To make the most of this bullish wave, the top crypto picks for August are Lido DAO (LDO), Jupiter (JUP) and DTX Exchange (DTX). These altcoins were among the best performers in July, a…
11 months ago
These Altcoins To Dominate The Upcoming Crypto Bull Run?
The post These Altcoins To Dominate The Upcoming Crypto Bull Run? appeared first on Coinpedia Fintech News The cryptocurrency market continues to stumble as Bitcoin price continues hovering close to its $64,000 mark. Moreover, top altcoins have displayed a similar price trend by losing significant value to their respective portfolios. However, mid-cap altcoins have recorded increased bullish price sentiment, highlighting an increase in the buying-over-selling pressure for these crypto tokens in the market. Dive in as, in this article, we…
11 months ago
Why XRP Price Won’t Skyrocket After Ripple-SEC Ruling: Crypto Pundit
As the XRP lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC) inches closer to a ruling on remedies – the final ruling on district court level – the crypto community is abuzz with speculation about the potential repercussions for the XRP price. Notably, Rachelle Renee, a popular crypto pundit, has voiced a dissenting perspective via X, arguing that the forthcoming Ripple-SEC ruling will not significantly impact the price of XRP, contrary to the expectations of many…
11 months ago
Crypto Whales and MicroStrategy Buy Over $302 Million in Bitcoin Amidst Price Dip
Both crypto whales and the business intelligence giant MicroStrategy have heavily invested in Bitcoin, leveraging the recent drop in its price. Combined, their investments exceed $302 million, indicating a strong bullish outlook despite market volatility. Crypto Whales Buy the Bitcoin Dip MicroStrategy enhanced its Bitcoin portfolio by adding 169 BTC worth $11.4 million in July. This recent acquisition brings the company’s total holdings to 226,500 BTC, currently valued at around $14.6 billion. MicroStrategy spent $8.3 billion to buy these BTC…
11 months ago
Senator Cynthia Lummis’s Bitcoin Bombshell: Could Crypto Replace Gold in the US Treasury? What To Expect?
The post Senator Cynthia Lummis’s Bitcoin Bombshell: Could Crypto Replace Gold in the US Treasury? What To Expect? appeared first on Coinpedia Fintech News In a recent video analysis, Aaron Arnold of Altcoin Daily highlights how the Bitcoin under the Bitcoin Strategic Reserve bill, led by Senator Cynthia Lummis could become a crucial asset for the US Treasury, boosting the economy and global standing. The next few months could be crucial—Read on why Lummis’ bold initiative matters! Bitcoin as a…
11 months ago
Why Did This Crypto Whale Spend $400 Million Buying Bitcoin Yesterday?
On-chain data shows a particular Bitcoin whale who accumulated almost $400 million between July 30 and 31. This whale is believed to have purchased the flagship crypto, having seen an opportunity to profit massively thanks to Bitcoin’s recent price action. Bitcoin Whale Purchases Almost $400 Million Worth Of BTC On-chain analytics platform Lookonchain revealed in an X (formerly Twitter) post that a Bitcoin whale (12QVs…oN2qo) has withdrawn 5,800 BTC ($387.88 million) from Binance in the past two days. This purchase…
11 months ago
Crypto Whale Scores $5.85 Million on PEPE Trading – Here Are the Top 5 Memecoins for Huge Year-End Profits
A massive crypto player recently netted $5.85 million through strategic PEPE trading. With the year drawing to a close, attention shifts to potential high-reward memecoins. This article reveals which three under-the-radar coins are poised for substantial gains, making them intriguing prospects for the savvy crypto investor. Discover the coins ready to surge. Catwifhat (CWIF) Catwifhat (CWIF) is currently trading between $0.00000084 and $0.00000157, reflecting a recent 31.62% price drop over the last week, which indicates bear dominance. However, with the…
11 months ago
Hong Kong’s Largest Online Broker Launches Retail Crypto Trading Services
The post Hong Kong’s Largest Online Broker Launches Retail Crypto Trading Services appeared first on Coinpedia Fintech News Futu Securities International, the leading online brokerage in Hong Kong, has introduced retail crypto trading services in the city. This strategic initiative is part of a broader effort to attract more investors amid a crypto bull market. It also incentivizes the opportunity with Nvidia and Alibaba stock rewards. Futu’s announcement on Thursday, August 1, revealed that its users can now trade Bitcoin…
11 months ago