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…
History
One Step to Enter the History – The Cryptos to Keep an Eye On Before the Halving Event
A historic moment is on the horizon for one popular cryptocurrency. With a halving event fast approaching, anticipation is building. Such events have historically triggered significant market movements. Investors are watching closely to identify the prime candidate likely to surge. This article delves into the key contender poised for potential impact as the countdown to the halving ticks on. BlastUP Goes Viral, Raising $4 Million in a Few Weeks BlastUP, the premier launchpad on Blast, has recently made waves in…
1 year ago
History Favors Bitcoin Bulls Despite Crypto Hedge Funds Increasing Shorts
Bitcoin may be dripping lower at spot rates. Still, one analyst is unfazed, expecting the coin to reverse recent losses and snap up firmly before peaking in December 2024. At spot rates, BTC is down roughly 11% from 2024 peaks and struggling to generate sufficient buying pressure, looking at the formation in the daily chart. Will History Support Bitcoin And Rally To Fresh Highs? Taking to X, the analyst highlights historical price patterns using the 2-week Fisher Transform indicator, a tool for…
1 year ago
Solana (SOL), Pullix (PLX) and Binance Coin (BNB) To Lead The Biggest Bull Run In History
The post Solana (SOL), Pullix (PLX) and Binance Coin (BNB) To Lead The Biggest Bull Run In History appeared first on Coinpedia Fintech News Solana (SOL), Binance Coin (BNB), and the newcomer Pullix (PLX) are some of the crypto coins in the spotlight at the moment. Notably, Solana has witnessed a robust price surge, leading analysts to speculate on its potential to achieve new highs. Meanwhile, Binance Coin continues to exhibit resilience amid stiff competition, driven by strategic investments from…
1 year ago
Ethereum Makes History in Hong Kong: GF Securities Releases First Commercial Paper Tokenized Security
GF Securities introduces Hong Kong’s first Commercial Paper tokenized security on the Ethereum blockchain, aligning with the city’s ambition to lead in Real World Asset tokenization. This move reflects Hong Kong’s commitment to blockchain innovation and digital finance, supported by regulatory flexibility and technological advancements. Hong Kong-based institution GF Securities has unveiled the first Commercial Paper tokenized security compliant with local laws, issued on the Ethereum blockchain. GF Securities’ release of the first Commercial Paper tokenized security in Hong Kong…
1 year ago
Analyzing Shiba Inu’s 2021 Bull Run Pattern: Is History Set to Repeat?
Renowned analysts like ‘Rekt Capital’ and Xanrox suggest that Shiba Inu (SHIB) might replicate its remarkable 2021 bull run. March 2024 witnessed a remarkable surge in SHIB burn rate, with 15.64 billion tokens incinerated, marking a 2330% increase from the previous month. In March 2024, Shiba Inu surged above the $0.00004 threshold, marking a significant milestone after a prolonged period of subdued performance spanning nearly two years. During the meteoric rise of 2021, SHIB experienced an unprecedented surge in value,…
1 year ago
This Is Where We Are In The Bitcoin Cycle Based On History
How close is the current “Bitcoin cycle” to its bull market peak? History suggests it could be closer than most think. Lead Glassnode analyst James Check showcased a chart on Monday comparing Bitcoin (BTC)’s price action over the last three years to that of other Bitcoin epochs after touching their respective all-time highs. The Bitcoin Cycle Top, According To Glassnode By Check’s measure, Bitcoin is effectively in the same position it was back in December 2020. At the time, the…
1 year ago
Book of Meme Makes History With 20x Return for Early Investors, This DeFi Project Could be Next Says Whale
A new Solana-based memecoin is making a frenzy with its skyrocketing returns. Book of Meme (BOME) is a new entrant in the meme coin landscape, grabbing the attention of investors with its recent surge in price. Currently, it is offering investors 20X returns on their investment, which has stunned the market. A crypto whale has highlighted another coin that is poised on the same path as BOME. This DeFi project is showing a remarkable surge in its price thus becoming…
1 year ago
Open Sea – A Pioneer in the NFT World
Open Sea is one of the most reputable NFT marketplaces in existence. The network enables users to buy, sell, and explore collectibles, game items, Art NFTs, and various other digital goods. Notably, Open Sea was the first NFT marketplace to enter the market. This pioneering spirit enabled the platform to establish and maintain a dominant position in the market. Today, Open Sea still operates as the largest NFT marketplace in terms of the daily trading volume. The network has +4 million…
4 years ago