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…
Halving
Solana (SOL) Price Prediction: Is $300 Possible After the Bitcoin Halving? (Analyst)
The host of Coin Bureau, Guy Turner, tells his two million followers on YouTube that SOL might be on a potential 35% – 45% breakout above the $300 mark. Turner’s bullish outlook is based on promising weekly and monthly charts throughout the beginning of 2024. According to him, SOL is looking “incredibly bullish” on both timeframes, facing stiff resistance at the $300 mark. Can SOL Reach $300 After the Bitcoin Halving? The analyst paired SOL against Bitcoin to showcase an…
1 year ago
Altcoin season: how the Bitcoin Halving kicks off Crypto capital inflows
The Cryptocurrency world is buzzing with anticipation as the next Bitcoin Halving draws near, currently slated for mid-April 2024. This highly anticipated event, which takes place approximately every four years based on the number of blocks mined, is a pivotal moment in the lifecycle of the world's leading digital asset. For the uninitiated, the Bitcoin Halving is a pre-programmed event that cuts the reward for mining new Bitcoin blocks in half. This mechanism is designed to control the supply of…
1 year ago
Capitalize on the Bitcoin Halving Event With These 5 Top Altcoins Set To Soar in 2024
With the Bitcoin halving event coming soon, crypto enthusiasts are preparing for it and looking for other ways to make profits. Many buyers are turning their attention to altcoins that could grow in 2024. Today, we’ll share a list of the 5 top altcoins that have shown huge potential to capitalize on Bitcoin’s halving: KangaMoon (KANG), Solana (SOL), Internet Computer (ICP), Ethereum (ETH), and Litecoin (LTC). Let’s begin. KangaMoon (KANG): An Innovative Presale Making Millions KangaMoon (KANG) is a rising…
1 year ago
4 Days Ahead of Halving: Bitcoin Cash Price Soars Alongside BCH Open Interest
Four days ahead of the halving of the Bitcoin Cash (BCH) network, the cryptocurrency has recorded significant gains, and open interest in the asset’s derivatives products has more than tripled, placing it on the radar of crypto community members. Data from CoinMarketCap shows BCH has rallied over 15% in 24 hours and 33% in the past week. Bitcoin Cash open interest, per data on CoinGlass, has soared from $213 million recorded last week to $706 million presently, indicating growing bullish…
1 year ago
Altcoins to Rally After The Bitcoin Halving: Here’s Why
Bitcoin’s dominance has increased to 52% on some sources after the asset attempted to surpass the $71,000 level but failed, currently just under $70,000 as of Thursday (March 28th). Altcoins have experienced greater retracement, which is evident by the increasing BTC dominance. As CryptoPotato reported, Ethereum (ETH) and other leading altcoins have retraced significantly, taking $50 billion from the cryptocurrency market cap, which fell below $2.8 trillion. While altcoins are bleeding, the Bitcoin halving might decrease the asset’s dominance, according…
1 year ago
Is BTC Price Due for a Correction? Will Bitcoin Halving Fail to Maintain the Bullish Momentum?
The post Is BTC Price Due for a Correction? Will Bitcoin Halving Fail to Maintain the Bullish Momentum? appeared first on Coinpedia Fintech News Ever since the BTC price has risen above the pivotal support zone between $63,250 and $66,580, the bulls are trying hard to keep up the levels above $70,000. However, the bears appear to have capitulated to these levels and as a result, the token is facing significant upward pressure after surpassing the levels. Having said that,…
1 year ago
Bitcoin Next Stop $80,000? Crypto Analyst Sees BTC Soaring Ahead Of 2024 Halving
As the crypto market braces for the upcoming Bitcoin (BTC) halving in April 2024, the discussion surrounding Bitcoin’s price trajectory has continued to gain momentum. Particularly, Michaël van de Poppe, a well-regarded figure in the crypto analysis domain, has shared his latest analysis on Bitcoin. Next Stop $80,000? In a post shared on X, Van de Poppe suggests that Bitcoin is on the cusp of a notable rise, eyeing a target range between $75,000 to $80,000 in the lead-up to…
1 year ago
Here’s Why Altcoins May Soar Following Bitcoin’s Halving: Will the BTC Price Reach $100K?
The post Here’s Why Altcoins May Soar Following Bitcoin’s Halving: Will the BTC Price Reach $100K? appeared first on Coinpedia Fintech News After a minor rise, the crypto markets are again consolidating, following the weakness seen among the bulls. The buying pressure is slowly fading, with the prices of the majority of the tokens, including Bitcoin, slumping close to their pivotal support zone. While the quarterly close is expected to be bullish, here’s why the BTC price is expected to…
1 year ago
Analysts Predict More Volatility On BTC And ETH Before Halving; NuggetRush Investors Find The Perfect Time To Buy More NUGX
Bitcoin (BTC) price remains stable above $64,000 despite recent drops. It exploded above $66,000 but faces resistance around $68,000. Goldman Sachs’ hedge fund clients show growing interest in BTC options, aligned with retail market trends after ETF approval. An Ethereum (ETH) wallet was involved in a complex scam, collecting millions via cryptocurrency and NFT transactions. Security expert Plumferno flagged the operation, connecting it to phishing emails targeting BlockFi and FTX users. NuggetRush (NUGX) is a budding GameFi project fusing real-world…
1 year ago