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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BlockDAG Set to Conquer Major Exchange Listings? Watch as It Soars to $100M While Ethereum Eyes ETF & Optimism Could Surge!
Key developments in the cryptocurrency sphere are sparking interest. Optimism (OP) is capturing attention with forecasts of a possible 70% price increase, pending its ability to overcome crucial resistance levels. At the same time, Franklin Templeton is on the brink of possibly getting a green light from the SEC for an Ethereum-centered index ETF, aiming to unlock fresh avenues for Ethereum supporters. In the heart of this excitement, BlockDAG's presale is swiftly advancing, having almost reached the $93.5 million milestone.…
8 months ago
Bitcoin Investors Accumulate Almost $1 Billion In BTC As Exchange Reserves Falls Towards New Lows
Although the Bitcoin price faces challenges in breaking out significantly from its support level of $60,000, recent on-chain data reveals a fascinating shift in sentiment among Bitcoin enthusiasts. Despite the ongoing price corrections, it appears that long-term holders remain undeterred. In fact, about 15,917 BTC, valued at approximately $987 million, has been withdrawn from various cryptocurrency exchanges over the past week. Bitcoin Exits Crypto Exchanges In Droves According to a previous report by NewsBTC, Bitcoin’s recent dip to $60,000 can…
8 months ago
Hamster Kombat Coin (HMSTR) Plunges 17.2% Creating Uncertainty in Holders, Will GoodEgg’s (GEGG) Rally 12,000% at Tier 1 Exchange Listing?
Hamster Kombat Coin (HMSTR) has taken another hit, plunging 17.2% amid market uncertainty and weak sentiment. As the token continues to lose value, investors are beginning to question whether it can recover. Meanwhile, GoodEgg (GEGG), an emerging AI-powered social scoring platform, is gearing up for a potential 12,000% rally at its Tier 1 exchange listing, further overshadowing Hamster Kombat Coin (HMSTR). Hamster Kombat Coin (HMSTR) Faces Market Turmoil Hamster Kombat Coin (HMSTR) has been underperforming in recent weeks. Initially launched…
8 months ago
DTX Exchange (DTX) Set For A High-Profit Run Against Market Favorites Dogecoin And Solana
Several analysts have tipped Dogecoin (DOGE) and Solana (SOL) for long-term bullish trends. They are clearly market favorites, and despite their declining prices, these top altcoins still hold sway in the market. Meanwhile, DTX Exchange (DTX) is one of the new projects looking to upset even the market favorites this year. The project will feature the very best of DeFi, and its little wonder traders are all over the DTX presale. Read on for further details! Dogecoin: Meme Favorite Fallen…
8 months ago
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ExchangeShiba Inu Analyst Predicts Up to 20x Gains for DTX Exchange and Bittensor in the Last Quarter of 2024
A Shiba Inu (SHIB) analyst predicts significant gains for DTX Exchange and Bittensor (TAO) in the final quarter of 2024, forecasting up to 20x returns. As momentum builds, these altcoins are drawing attention for their innovative features and strong market presence, making them attractive to both seasoned and new crypto investors. Shiba Inu's Rollercoaster: Price Dips and Recovery Amid Market Volatility Over the past week, Shiba Inu (SHIB) has experienced a 2.8% decline compared to its price at the beginning…
8 months ago
Game Changer Alert: GPT and ApeBond Launch the First Ever AI-Centric Decentralized Exchange!
In an exciting collaboration, GPT Protocol has joined forces with ApeBond to introduce the first-ever AI-focused decentralized exchange (DEX) — Neuraswap. This partnership is set to redefine the intersection of artificial intelligence (AI) and decentralized finance (DeFi), enabling seamless access to AI data and tokenized value, transforming the landscape of AI computing and blockchain technology. Neuraswap: Transforming AI Data Tokenization and Decentralized Trading At the heart of this partnership is Neuraswap, the industry's first AI-focused DEX. Neuraswap is designed to…
8 months ago
Bitcoin Price Fall Increases Buying Momentum, Pushes Exchange BTC Balances To 6-Year Lows
Following a major price decline in Bitcoin (BTC), market sentiment dropped back to strong levels of fear, indicating that investors are becoming increasingly cautious and risk-averse. Despite this trend, on-chain data analytics provider CryptoQuant has revealed a significant increase in BTC buying momentum, resulting in the Bitcoin balances on various exchanges dropping to six-year lows. Bitcoin Reserve On Exchanges Sees Sharp Plunge With ongoing market volatility and the recent decline in Bitcoin, on-chain data has identified a significant shift in…
8 months ago
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ExchangeCatizen (CATI) Soars 10% Following Multiple Exchange Listings
A rapidly emerging play-to-earn game on Telegram, Catizen, made headlines as it went live with its native token, CATI. Officially launched in the market on September 20, 2024, it is now trading live on Binance, OKX, Bybit, and Bitget. The CATI token is gaining a lot of hype among the Nigerian Web 3 community. Catizen has around 34 million-plus players and impressive revenue figures, hence its strong position in blockchain gaming. Airdrop Success The CATI launch is also complemented by…
9 months ago
Bitcoin Exchange On The Horizon For Europe’s 3rd Biggest Stock Exchange – Details
According to the Financial Times, the Swiss stock exchange SIX, the third largest in Europe, is exploring the possibility of launching a new Bitcoin and crypto exchange in the country, aiming to position itself to compete with exchanges like Binance, OKX and Coinbase. SIX Group Plans New Bitcoin Trading Venue Bjørn Sibbern, Global Head of Exchanges at SIX Group, highlighted the potential for creating a platform to facilitate trading in spot cryptocurrencies and derivatives, noting that crypto has become a…
9 months ago