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
Top AI Crypto Coins to Keep a Close Watch After Halving
The arrival of the halving event has historically marked significant shifts in the cryptocurrency market, and with the onset of a fresh bull run in 2024, attention turns towards artificial intelligence (AI)-focused cryptocurrencies. These coins have captured the interest of investors looking to capitalize on technological advancements in AI, and their potential impact post-halving is a hot topic. This article explores the top AI cryptocurrencies that are poised to make waves in the aftermath of the halving, offering insights for…
1 year ago
Dogecoin’s Potential Rally: Could History Repeat Itself 7 Months After Bitcoin Halving?
In the last halving cycle, Dogecoin began surging seven months after the Bitcoin halving, hitting a new all-time one year after the event, a pattern some analysts believe could recur. Despite being purely speculative, meme coins continue attracting investors as they are viewed as fairer access points to crypto than VC-controlled major coins like Solana. The Bitcoin halving was a landmark event, and since then, analysts have been mapping out the price charts of the other cryptos in relation to…
1 year ago
Bitcoin Halving Impact: Miner Revenue Remains Steady Despite Rewards Cut – BTC Price to Rallye to $75,000?
The Bitcoin halving event has historically been viewed as a bullish signal for the cryptocurrency market. Bitcoin miners saw their daily income drop by 50% after the recent halving, posing challenges amid reduced block rewards. The Bitcoin halving is one of the most important events in the cryptocurrency space. The highly anticipated halving happened on Friday, April 19, signifying a crucial stage for the digital currency and its environment. The halving event has historically been viewed as a bullish signal…
1 year ago
Bitcoin Halving Complete, These Are the Cryptos Poised To Explode
With the Bitcoin halving event complete, it is expected for the world’s largest cryptocurrency to see an even higher upswing in value, as the rewards are cut in half, leading to more scarcity. However, when BTC grows, so do many altcoins, and today, we will look at the cryptos poised to explode as a direct result. Based on the latest metrics, Solana (SOL), Chainlink (LINK), Fantom (FMT), Fetch.ai (FET) and KangaMoon (KANG) can experience the most substantial gains. To see…
1 year ago
Is Bitcoin’s Rally Over? Leverage Drops As Halving Highs Fade: Report
Recent trends in the crypto market have indicated a notable shift in trader behavior, particularly among those investing in Bitcoin. Using data from CryptoQuant, Bloomberg has revealed that the Bitcoin funding rate—the cost for traders to open long positions in Bitcoin’s perpetual futures—has turned negative for the first time since October 2023. This change suggests a “cooling interest” in leveraging bullish bets on Bitcoin, coinciding with the fading impact of major market drivers. Bitcoin Market Dynamics Post-Halving The decline in…
1 year ago
Altcoin Season Begins! How The Bitcoin Halving Might Affect Solana, XRP, and New Crypto Raboo
The post Altcoin Season Begins! How The Bitcoin Halving Might Affect Solana, XRP, and New Crypto Raboo appeared first on Coinpedia Fintech News A renewed interest in altcoins is taking hold and impacting established platforms like Solana and XRP, as well as exciting new crypto entries like Raboo–priced at $0.0036 in its presale. Each of these cryptocurrencies brings unique innovations and challenges to the table, making them key altcoins to watch. This season promises to highlight the potential of these…
1 year ago
Bitcoin Halving Aftermath: 3 Altcoins Primed for 100x Gains
The post Bitcoin Halving Aftermath: 3 Altcoins Primed for 100x Gains appeared first on Coinpedia Fintech News As the crypto market undergoes shifts in sentiment and focus post-Bitcoin halving, analyst Altcoin Buzz took to his latest analysis and listed three potential projects. Explaining the importance of narratives in investment strategies, the analyst spoke about the relevance of the artificial intelligence (AI) narrative. Positioned as an integral part of the evolving crypto landscape, AI-focused projects are attracting attention. His top three…
1 year ago
Here’s What Will Drive Bitcoin to $150K After the Halving: Standard Chartered
Standard Chartered Bank analyst and head of digital assets research, Geoff Kendrick, believes bitcoin (BTC) will likely trend higher following the halving due to lower leveraged positions in the market. Speaking to BNN Bloomberg during an interview over the weekend, Kendrick said the current market environment, which has lower leverage, could propel the value of BTC upwards toward Standard Chartered’s end-of-year price target of $150,000. A Lower Leveraged Market The week preceding the Bitcoin halving weekend ended with the crypto…
1 year ago
Bitwise CIO Unveils 5 Major Forecasts For Bitcoin 2028 Halving, Anticipates A 280% Price Surge
Bitwise Chief Information Officer (CIO) Matt Hougan recently shared five interesting predictions for the next Halving of the Bitcoin (BTC) network, scheduled for 2028. In a comprehensive report, Hougan sheds light on the potential transformations for the world’s leading cryptocurrency. New Investors And ETFs As Catalysts One of Hougan’s key predictions is that Bitcoin’s volatility will significantly decline by 50%. He argues that the entry of new investors through the spot Bitcoin exchange-traded fund (ETF) market will drive this decline. …
1 year ago