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…
Exchanges
Crypto Whales Have Been Bagging This Pepe Coin (PEPE) Rival Like There’s No Tomorrow Since It Went Live on Exchanges
The cryptocurrency world is no stranger to the concept of "whales" - individuals or entities holding large amounts of a particular cryptocurrency. These whales often wield significant influence over market trends and can dictate the direction of prices through their buying and selling activities. Recently, a new contender has emerged in the crypto space, challenging established players like Pepe Coin (PEPE). Retik Finance (RETIK) has garnered attention from crypto whales since its debut on exchanges, leading to a frenzy of…
1 year ago
SEC Indicates to Exchanges a Likely Approval for Spot Ethereum ETFs, Listings Expected This Week: Sources
The post SEC Indicates to Exchanges a Likely Approval for Spot Ethereum ETFs, Listings Expected This Week: Sources appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission (SEC) is reportedly leaning towards approving exchanges for listing Ethereum spot ETFs (Exchange-Traded Funds). According to sources familiar with the matter and a report by Barron’s, the regulatory body made comments that suggest the approval process is moving forward and could be finalized as early as this week. SEC Is…
1 year ago
SEC Asks Exchanges To Update Filings As Spot Ether ETFs See Abrupt Progress
The United States Securities and Exchange Commission (SEC) has asked US exchanges to update their 19B-4 filings on an accelerated basis ahead of a crucial deadline this week. The Securities and Exchange Commission was expected to reject the spot Ethereum ETF filings, and while approval is not guaranteed, the latest developments suggest progress is being made. SEC Asks To Update Filings The SEC’s move to ask applicants to update their filings has sparked speculation that the market regulator may approve…
1 year ago
Solana Meme Coin Sensations Left Behind By Ethereum Based Memecoin That Is Set To List On Major Exchanges
The meme coin market has witnessed massive rallies in the past few weeks with Solana-based meme coins leading the surge. This rally could be attributed to the massive interest in meme coins. While Bonk (BONK) and Dogwifhat (WIF) are among the top meme coins in the Solana blockchain, this new Ethereum-based memecoin is about to topple them. KangaMoon (KANG) is making a massive statement in the meme coin space as its listing across major exchanges draws nearer. With its unique…
1 year ago
Nigerian SEC To Meet Foreign Exchanges In The Midst Of Regulatory Tussle
The post Nigerian SEC To Meet Foreign Exchanges In The Midst Of Regulatory Tussle appeared first on Coinpedia Fintech News Emomotimi Agama, the pro-crypto Director General of Nigerian SEC is set to meet local and foreign crypto CEXs at an event on May 6th amidst its regulatory battle. The meeting is for setting up a progressive regulatory course for the Crypto sector in the country. The news comes in as Nigeria fights a legal battle with Binance. Binance was charged…
1 year ago
Filecoin & Stacks Holders Shift to DTX Exchange’s $470,000 Presale Amid Price Decline For 25x ROI
The post Filecoin & Stacks Holders Shift to DTX Exchange’s $470,000 Presale Amid Price Decline For 25x ROI appeared first on Coinpedia Fintech News The crypto market is witnessing notable price declines due to macroeconomic activities, legal scrutiny of various deFi projects, and interest rates. Moreover, many investors have liquidized their assets after a short post-halving surge leading the altcoin industry to a bearish momentum. Amid these trends, Stacks (STX) and Filecoin (FIL) show notable price declines on the chart…
1 year ago
Top Solana Decentralized Exchanges (DEXs) to Watch in 2024
The Solana blockchain is home to hundreds of decentralized applications (dApp) that leverage the blockchain’s high throughput, scalability, and composability. There’s a reason it’s one of the largest DeFi ecosystems, with billions in total value locked. Decentralized exchanges (DEXs) underpin this bustling community and account for the lion’s share of the TVL on Solana. They provide users with the necessary tools to trade on-chain, swap between different tokens, offer liquidity, and much more. In the following, we attempt to provide…
1 year ago
Brace For Price Impact: Dogecoin Whales Move Massive 456 Million DOGE To Exchanges
Recent on-chain data has shown a transfer of 456 million DOGE tokens into crypto exchange Coinbase amidst a flurry of Dogecoin whale transactions across various exchanges in the past 24 hours. The price of DOGE has majorly traded below the $0.165 price level in the past seven days despite the price uptick among other meme coins. These recent events of whale transfers, however, appear to be leading to a bearish view towards DOGE. Transfers of this nature into a crypto…
1 year ago
Ethereum Withdrawals From Exchanges Top 260,000 ETH – What This Means For Price
Ethereum withdraws from centralized exchanges have ramped up over the last week, suggesting a direction for investor sentiment during this time. Given the sheer volume of ETH withdrawn from these exchanges, it is prudent to try to understand what this could mean for the crypto’s price. 260,000 ETH Leaves Exchanges Amid the uncertainty that has plagued the crypto market, Ethereum investors are making moves to secure their positions for better price prospects. Pseudonymous crypto technical analyst Titan of Crypto took…
1 year ago