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
Slothana Token to Launch in Under a Week Following $10M Raise – Next Solana Meme Coin to List on Major Exchanges?
Meme coin mania is taking over the crypto world once again. And at the center of the latest speculative frenzy is Slothana (SLOTH), which is gearing up for an eagerly awaited token launch after its presale raised over $10 million from investors. New Slothana Meme Coin Causes a Frenzy on Solana For those who haven’t heard of Slothana yet, get ready – this new Solana meme coin is about to be everywhere. Inspired by the iconic internet meme of the…
1 year ago
Ethereum Enters Accumulation Phase As $500 Million ETH Leave Exchanges
Investors are accumulating Ethereum in droves amidst what could become a return to bullish sentiment for the cryptocurrency. Ethereum is currently ranging around $3,170, with its price undergoing volatility in the past seven days. Amidst this price volatility, on-chain data has revealed an accumulation trend from Ether investors during the week. Additionally, transaction data has shown an uptick in whale movement of ETH to and from exchanges, with recent market happenings indicating a transformation in the price of the crypto…
1 year ago
Some Traders Think This New Solana Meme Coin Might Explode When It Lists on Exchanges in 10 Days
Meme coin investors have a new obsession, and it’s an unlikely one: Slothana. This sloth-themed token is set to hit exchanges in just 10 days – and some traders believe that the upcoming listing of Slothana (SLOTH) could be the catalyst for an explosive price pump. Hilarious Backstory Behind Crypto’s Hot New Sloth-Themed Token Slothana has quickly become one of the hottest new tokens in the meme coin space. This Solana-based project revolves around a chill sloth mascot that oozes…
1 year ago
Sharky Protocol Successfully Launched and Listed $SHARK Token on Bybit and MEXC Crypto Exchanges
The post Sharky Protocol Successfully Launched and Listed $SHARK Token on Bybit and MEXC Crypto Exchanges appeared first on Coinpedia Fintech News After months of meticulous research and planning, Sharky ($SHARK) protocol, the first escrow-less and leading NFT lending platform on the Solana (SOL) ecosystem, successfully conducted its Token Generation Event (TGE) on Tuesday, April 16, 2024. The distribution of $SHARK tokens took place on the Jupiter Exchange, with priority being given to its OG user base and various Solana…
1 year ago
Shiba Inu Open Interest Explodes On Top Exchanges – Is This The Comeback?
In the volatile landscape of cryptocurrency markets, Shiba Inu, the popular meme coin, has once again captured the attention of investors with a notable surge in value, despite losing 4% of its value in the last day. The memecoin reached a high of $0.00002296 after experiencing a temporary dip to $0.00002092 just the day before. Open Interest Surge Signals Market Activity A key indicator of this newfound interest in Shiba Inu lies in the surge of open interest observed across…
1 year ago
Crypto Exchanges Bitcoin Supply Can Only Last For 9 Months, ByBit Report
Cryptocurrency exchange and trading platform, Bybit has released a new report highlighting the impacts of the upcoming Bitcoin halving event on the supply dynamics of Bitcoin within exchanges in the crypto space. The crypto firm has provided valuable insights on how the halving event would enhance scarcity and considerably influence the price of BTC. Exchanges Set To Face Bitcoin Supply Crunch On Tuesday, April 16, Bybit published a new report, providing a detailed analysis of the Bitcoin halving event set…
1 year ago
Dogecoin Whales Send 800 Million DOGE To Exchanges, Dump Incoming?
Dogecoin has been one of the best performers over the past year, consistently holding up gains even through market dumps. However, after the meme coin’s rally in March and then the subsequent dump in April, it looks like investors, especially whales, are finally getting ready to start taking profit. This is evidenced by a number of large DOGE transactions that were flagged going into exchanges over the last day. Dogecoin Whales Move 800 Million DOGE To Exchanges The movement of…
1 year ago
Regulatory Settlements Drive Compliance Efforts at Leading Crypto Exchanges
The post Regulatory Settlements Drive Compliance Efforts at Leading Crypto Exchanges appeared first on Coinpedia Fintech News In the wake of settlements with U.S. regulators, top cryptocurrency exchanges like Binance, Coinbase, and Kraken are doubling down on compliance efforts. Binance’s Settlement Chief compliance officers from these platforms spoke at a recent industry conference, highlighting their commitment to strengthening compliance controls and staffing to mitigate past failures and enhance industry standards. During a panel discussion at the Chainalysis Links conference in…
1 year ago
Masa Announces MASA Token Listing on Leading Exchanges as It Launches Its AI Data Network Mainnet
San Francisco, USA, April 11th, 2024, Chainwire To celebrate its mainnet launch and token listing, Masa has allocated 25,000,000 MASA token rewards for trading competitions and AI data farmingMasa has committed 6,666,666 MASA tokens of the total reward pool to incentivize users to share their data in the AI Data MarketplaceThe MASA token has been listed on leading centralized exchanges including Bybit, Kucoin, Gate, HTX, PancakeSwap on day one Masa Network, the world’s leading decentralized AI and LLM network, has…
1 year ago