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 Regulations in Bolivia 2024
The post Crypto Regulations in Bolivia 2024 appeared first on Coinpedia Fintech News Bolivia is a country located in the western-central region of South America. It is popular for its rich resources and growing economy. Mining, mineral refining, and agriculture are the backbone of the Bolivian economy. Tin, silver, lithium and copper are the prominent minerals found in the country. Though the country is the second-poorest country in South America, it has made significant strides in reducing poverty and boosting…
11 months ago
Shiba Inu and Dogecoin Benefit From Crypto Market Recovery – Best Meme Coins to Buy Now
The post Shiba Inu and Dogecoin Benefit From Crypto Market Recovery – Best Meme Coins to Buy Now appeared first on Coinpedia Fintech News Liquidity is flooding back into the crypto market today, and meme coins are the first call of order for many traders. Frontrunners Dogecoin and Shiba Inu have both booked notable gains, but some smaller alternatives could provide even more returns. DOGE and SHIB Rally as Crypto Prices Recover Dogecoin and Shiba Inu have outpaced the broader…
11 months ago
Bitcoin Dominates as Crypto Funds Attract $1.44 Billion in Fresh Capital, Rally To Begin?
Following Bitcoin’s gradual rebound seen last week, the global crypto investment products also appear to have witnessed a notable influx of funds, with a substantial $1.44 billion pouring in over the same period. According to CoinShares, a leading crypto asset management firm, this surge has pushed the year-to-date total to top roughly $17.8 billion, highlighting a growing confidence among investors despite recent market downturns. Surge In Crypto Fund Inflows According to the insight shared by CoinShares in its latest report,…
11 months ago
Bitcoin Reclaims $65K As Crypto Market Adds $80 Billion In Valuation Within 24 Hours!
The post Bitcoin Reclaims $65K As Crypto Market Adds $80 Billion In Valuation Within 24 Hours! appeared first on Coinpedia Fintech News The cryptocurrency market has displayed a positive price action for the fourth consecutive day, highlighting an increase in the bullish sentiment. Moreover, the global crypto valuation has recorded a jump of 3.36% within the past day and has added over $260 Billion over the past seven days. Further, the market leader, Bitcoin price has recorded a 24-hour high…
11 months ago
Solana’s Dogwifhat (WIF) Skyrockets 1300% And Claims Forbes’ Best-Performing Crypto Title
Solana-based meme coin Dogwifhat (WIF) has taken the cryptocurrency market by storm, becoming the best-performing asset in the first half of the year, as the Shiba Inu puppy-inspired token has outperformed Bitcoin’s (BTC) 48% surge since January, making it the top returner among approximately 70 coins with market caps over $1 billion. Dogwifhat (WIF) Leads The Pack According to Forbes, Dogwifhat has emerged as the leading performer among the group of coins, with a market cap of more than $1…
11 months ago
Breaking: China May Lift Crypto Ban in Q4 Amid Economic Crisis!
The post Breaking: China May Lift Crypto Ban in Q4 Amid Economic Crisis! appeared first on Coinpedia Fintech News China possibly lifting its crypto ban in Q4 is the hot topic on Twitter right now. This isn’t our claim, Twitter is full of such discussions. Some prominent Twitter crypto accounts are speculating this on the basis of current conditions in China. They believe that since China’s economic condition is worsening, they have no choice but to rely on crypto, or…
11 months ago
Failed Assassination on Trump Triggers Massive Crypto Gains
The post Failed Assassination on Trump Triggers Massive Crypto Gains appeared first on Coinpedia Fintech News An assassination attempt on Donald Trump has become a hot topic not just in the media but also in the crypto world. Following this failed attempt, Bitcoin suddenly broke through resistance and surged past $60k. Additionally, Trump-themed meme coins saw a significant pump. Let’s take a look at the coins that got an unexpected boost. Bitcoin Broke Resistance Bitcoin had been falling since it…
11 months ago
Crypto Analyst Says Ethereum Price Is Headed To $4,000, Here’s Why
Crypto analyst Linda has made a bullish case for Ethereum (ETH), predicting that the second-largest crypto token by market cap could rise to $4,000. The analyst also explained what could lead to such a price surge. Why Ethereum Could Reach $4,000 In a post shared on TradingView, Linda highlighted the potential approval of the Spot Ethereum ETFs as one factor that could trigger a move to $4,000 for Ethereum. She noted that the sentiment around these funds is positive, with…
11 months ago
Bitcoin Bears Crushed: $100M In Crypto Shorts See Flush As BTC Breaks $63,000
Data shows the cryptocurrency derivatives market has registered significant liquidations after the Bitcoin rally above the $63,000 mark. Bitcoin Rally Has Resulted In Short Liquidations On Derivatives Market According to data from CoinGlass, the latest volatility in the cryptocurrency market has led to large liquidations on the derivatives side. “Liquidation” here naturally refers to the process that any open contract undergoes where its platform forcibly closes it off after it has amassed losses of a certain degree. The table below…
11 months ago