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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Shiba Inu On The Edge Of Historic Run As Investors Accumulate 770 Billion SHIB
Shiba Inu (SHIB) is on the verge of a historic run, as investors have accumulated a significant amount of Shiba Inu tokens in recent days. However, the meme coin’s fundamentals remain concerning as they paint a bearish picture for SHIB. Shiba Inu Set For A Historic Run In October Shiba Inu is set to enjoy a parabolic rally in October if history were to repeat itself. Data from CryptoRank shows that the meme coin has always enjoyed monthly positive returns…
9 months ago
DTX Exchange’s Latest DEX Feature Has Ripple (XRP) and RUNE Whales on Edge; 1000% Price Rally Possible
THORChain (RUNE) and Ripple (XRP) have gained quite good returns in the last few years. Even so, their latest performance, in 2024, has frustrated investors after they had to stomach the loss for a long duration. Many cryptocurrency enthusiasts say investing in mini-caps that release great blockchain projects like DTX Exchange (DTX) will be more successful during the bull market. DTX Exchange, which sets itself the most ambitious goal of being the first hybrid decentralised exchange, is positioning itself as…
9 months ago
Edge, the New Decentralized Oracle Protocol by Chaos Labs, Emerges from Stealth with Jupiter; $30B Volume Secured Over the Last 2 Months
New York, New York, September 12th, 2024, Chainwire Jupiter, the leading Solana trading platform, upgrades to Edge by Chaos Labs for enhanced protocol stability Chaos Labs, the industry leader in onchain risk management, today announced the launch of Edge, a decentralized oracle protocol, powering Jupiter, the leading perpetuals exchange on Solana. Over the past two months, Edge has already secured $30 billion in trading volume on Jupiter, establishing Chaos’ new price feed solution as a leader in the low-latency oracle…
9 months ago
Fastest Growing Presale Mpeppe Set To Release its Edge Over Solana, Whales Anticipate 1000x Gains
The cryptocurrency landscape is ever-evolving, with new projects emerging that challenge even the most established blockchains. Solana (SOL), known for its impressive technical capabilities and rapid transaction speeds, has been a darling of the crypto world. However, as Solana (SOL) faces increasing competition, a new contender, Mpeppe (MPEPE), is poised to make waves, capturing the attention of whales and investors alike with its potential for astronomical returns. Solana’s (SOL) Rise and Challenges Solana (SOL) has experienced a meteoric rise in…
9 months ago
XRP Price On The Edge: Can It Survive and Start Fresh Increase
XRP price failed to climb above the $0.5850 resistance zone. The price dipped and now shows a few bearish signs below the $0.5750 level. XRP price is struggling to climb above the $0.5850 level. The price is now trading below $0.5750 and the 100-hourly Simple Moving Average. There was a break below a key rising channel with support at $0.5745 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if…
10 months ago
XRP Price on Edge: Potential Slide Resumption Looms
XRP price failed to recover above the $0.50 resistance zone. The price is again moving lower and there is risk of more downsides below $0.4840. XRP is still showing bearish signs and struggled near $0.50. The price is now trading below $0.4920 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $0.4950 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could recover, but the bears might be…
12 months ago
Ethereum On Edge: Can Ether Smash Through Resistance Or Stall After Rally?
Ethereum, the world’s second-largest cryptocurrency, finds itself at a critical juncture. After a strong 25% surge in the past month, outperforming its peers, Ethereum is facing a formidable hurdle in the form of resistance levels around $3,795 and $3,846. Analysts are watching this price battle closely, as it could determine the coin’s trajectory in the coming days. Breaking Barriers Or Bracing For A Tumble? Technical analysis paints a contrasting picture for Ethereum. If the bulls can muster enough strength to…
1 year ago
Outer Edge Riyadh Wraps Up Web3 Forum Connecting Tech Enthusiasts, Creators and Creatives from All Over the World in the Kingdom of Saudi Arabia
Riyadh, Saudi Arabia, May 17th, 2024, Chainwire Over 700 attendees from all over the world attended the edutainment forum co-hosted by Edge of Co., Animoca Brands, The Garage, and other prominent Saudi business entities As the Kingdom of Saudi Arabia emerges as a global hub for innovation, Outer Edge, founded by the Edge of Company, made its first regional appearance in the Kingdom of Saudi Arabia on April 23. The monumental event took place at The Garage, an incubator and…
1 year ago
Crypto Market on Edge as FTX and Alameda Liquidate $98 Million: More Selloffs Ahead?
FTX and its affiliate Alameda Research have liquidated a significant portion of their cryptocurrency assets, totaling $98 million in April. FTX creditors are expressing discontent with the proposed plan while demanding settlements in cryptocurrency rather than fiat currency. In April, FTX, along with its affiliate Alameda Research, liquidated a substantial portion of its cryptocurrency assets, totaling $98 million. Notably, the bankrupt FTX exchange has been selling off its Solana (SOL) holdings to reimburse its customers, a trend that may continue…
1 year ago