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 Market Rebounds From Lows, But Why Are Cardano Holders Suffering Losses?
Despite the crypto market recovery, a large number of Cardano holders are still nursing losses, leading to speculations as to why this is the case. Data from IntoTheBlock shows that the altcoin is the worst performer in terms of profitability when it comes to the top 10 largest cryptocurrency by market cap, disappointing holders and long-term believers. Cardano Profitability Sits At Only 15% The Cardano profitability has remained low since the market crash of 2022 and even with the market…
11 months ago
Tags
CryptoTags
CryptoFrom $100 to $1.1 Million? How PEPU is Turning Heads in the Crypto World!
The post From $100 to $1.1 Million? How PEPU is Turning Heads in the Crypto World! appeared first on Coinpedia Fintech News Since the beginning of this year, crypto enthusiasts have hailed meme coins as having a golden period. Many meme coins have reciprocated this favor. Among them, Pepe Unchained has emerged as a community favorite. We have been providing updates on PEPU for a long time. Let’s explore where it stands now. Pepu Presale Success and Community Interest In…
11 months ago
Will Spot Ethereum ETF Trigger a New Crypto Surge? Here’s What to Expect
The post Will Spot Ethereum ETF Trigger a New Crypto Surge? Here’s What to Expect appeared first on Coinpedia Fintech News As spot Ether ETFs near their launch, Binance CEO Richard Teng expects them to bring a steady and substantial influx of capital over time. While others predict significant immediate impacts, Teng believes the initial effects will not be exciting. Get ready for a shake-up in the crypto world! Could Ether become more volatile than Bitcoin? Will the price skyrocket…
11 months ago
Is This the ChatGPT of Crypto? WienerAI ICO in Final Stage With $7M Raise
The post Is This the ChatGPT of Crypto? WienerAI ICO in Final Stage With $7M Raise appeared first on Coinpedia Fintech News WienerAI ($WAI) is a new meme coin with a twist – it’s the first AI-powered trading bot. This use case has turned a lot of heads in the crypto market, with investors buying over $7 million of $WAI at presale. The presale is ongoing but in its last stretch with just 12 days until it ends. After its…
11 months ago
Crypto Price Analysis 7-19 BTC, ETH, SOL, TON, DOT, BONK, TIA
Bitcoin (BTC) has been unable to go above $65,000, facing strong selling pressure at that price. Additionally, retail interest in BTC has hit a three-year low, with analysts stating that a rebound is needed before BTC’s “real bull run” can begin. Despite BTC’s recent stutter, analysts have predicted the cryptocurrency’s next stop is $74,000. However, to confirm such a prediction, BTC will have to reclaim its old all-time high. Retail Interest In BTC Hits 3-Year Low CryptoQuant founder Ki Young…
11 months ago
Bitcoin Experiences A Pullback To $64K, As Crypto Market Records A Negative Price Action!
The post Bitcoin Experiences A Pullback To $64K, As Crypto Market Records A Negative Price Action! appeared first on Coinpedia Fintech News With a drop of approximately $20 Billion within the past 24 hours, the cryptocurrency market is presently valued at $2.35 Trillion, a drop of 0.61%. Moreover, the market leader, BTC price has recorded a 24-hour low of $63,237.75 with a trading volume of $26.519 Billion. On the other hand, the Ethereum price has displayed a neutral trend by…
11 months ago
Crypto Analyst Says Bitcoin Is Not Ready For $65,000 Retest, But Can It Reach $71,500?
Crypto analyst Rekt Capital has provided insights into the Bitcoin future trajectory. Based on his analysis, the flagship crypto might not yet be ready for its next leg up, which could see it climb back above $70,000. Bitcoin Not Yet Ready To Establish $65,000 As New Support Rekt Capital claimed in an X (formerly Twitter) post that Bitcoin is not quite ready just yet for a successful retest of the $65,000 level as new support. For the crypto to establish…
11 months ago
Crypto Trends To Invest in for the Next Bull Run: GameFi, Meme Coins, Layer 2
The post Crypto Trends To Invest in for the Next Bull Run: GameFi, Meme Coins, Layer 2 appeared first on Coinpedia Fintech News The crypto bull run is back as market leader Bitcoin notches double-digit gains this week and bucks a downtrend. Many altcoins have followed, providing even more gains than the market leader. With that, let’s explore the best trends to invest in. GameFi With projects like Notcoin and Hamster Kombat attracting tens of millions of users, GameFi is…
11 months ago
Top 3 Coins Set to Thrive in a Crypto Bear Market
The post Top 3 Coins Set to Thrive in a Crypto Bear Market appeared first on Coinpedia Fintech News 2024 has been a year of highs, lows, and many flat charts. FUDders will tell you we’ve slipped back into a bear market, but let’s not get all doom and gloom. It’s not the market that makes the trade; it’s the ability to profit from volatility. Here, we’ve looked at the top 3 coins we think offer the chance of strong…
11 months ago