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…
Holding
Bitcoin Whale Scoops 1,000 BTC, Holding $450M After $468M Sell-Off in July
The post Bitcoin Whale Scoops 1,000 BTC, Holding $450M After $468M Sell-Off in July appeared first on Coinpedia Fintech News A Bitcoin whale recently bought 1,000 BTC valued worth almost $59.65 million amid the recent dip. With the recent purchase, the whale’s total holdings hit 7,559 BTC, worth around $450 million. Historically, this whale has been active in the market and sold 7,790 BTC in early July, worth $468.3 million at the time.
9 months ago
Aave Whales Boost Their Mpeppe Holding As They Complete 80% of Presale Stage 3
As the world of decentralized finance (DeFi) continues to evolve, major players like Aave (AAVE) are making strategic moves to strengthen their positions in the market. One of the latest developments in the growing interest of Aave whales in Mpeppe (MPEPE), a new memecoin that has quickly gained traction. With 80% of its Presale Stage 3 completed, Mpeppe (MPEPE) is positioning itself as a potential breakout star in the crypto world, attracting significant attention from Aave investors. Aave’s Strategic Integration…
10 months ago
Cardano (ADA) Is Down 90% Since 2021, Experts Recommend Holding This New Token in 2024
Since reaching $3 in August 2021, Cardano (ADA) has seen a sharp drop of over 90%. Despite the initial boost from the Alonzo upgrade, which introduced smart contracts, ADA has struggled to hold its value due to market downturns and persistent challenges. As ADA faces ongoing pressure, investors are reconsidering their positions and looking for new opportunities. In light of these developments, MoonTaurus (MNTR) is emerging as a promising alternative investment for 2024. Currently in its presale phase, MNTR offers…
10 months ago
Bitcoin (BTC) still holding critical support – why it will recover
Bitcoin (BTC) is hanging on to the $58,000 critical support despite overwhelmingly negative sentiment. A dip to $56,200 on Thursday was bought back up, and Friday has seen the $BTC price climb above support once more. Will it hold? Bitcoin is still down at that crucial level of $58,000. Many investors and traders are no doubt wondering if $BTC is going to approach the cliff edge once again, and if it does, will it finally take that feared plunge, which…
10 months ago
Global Crypto Giants Race for Turkey: Who’s In and Who’s Holding Back?
The post Global Crypto Giants Race for Turkey: Who’s In and Who’s Holding Back? appeared first on Coinpedia Fintech News Turkey is seeing a wave of high interest from various crypto companies eager to provide their services to the Turkish people. The Capital Markets Board of Turkey has just put out a list of 47 crypto exchanges that want to set up shop in the country. Implementation of the “Law on Amendments to the Capital Markets Law,” that came into…
10 months ago
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HoldingDon’t Miss Out On Mpeppe (MPEPE) Profits by Holding On To Pepecoin’s Past
The cryptocurrency market is always evolving, and holding on to past successes can mean missing out on future opportunities. While Pepecoin (PEPE) has had its moment in the sun, the spotlight is now shifting to Mpeppe (MPEPE). Investors who recognize the potential of Mpeppe (MPEPE) stand to make significant profits by moving beyond Pepecoin’s (PEPE) past glories. The Rise and Plateau of Pepecoin (PEPE) Pepecoin (PEPE) quickly rose to prominence as a meme coin, capturing the imagination of the crypto…
10 months ago
Dogecoin Bull Elon Musk Holds Millions of XRP Says Rumor, What Else Could He Be Holding?
The post Dogecoin Bull Elon Musk Holds Millions of XRP Says Rumor, What Else Could He Be Holding? appeared first on Coinpedia Fintech News Only a few figures are as influential in the crypto space as Elon Musk. A tweet from the X owner can send the live crypto market into a frenzy, as seen with his affinity for Dogecoin, earning him the nickname “Dogefather.” However, recent talks have surfaced suggesting that Musk may also hold a significant amount of…
11 months ago
Ethereum In A Holding Pattern: Will It Break Out To Higher Levels?
Ethereum price failed to continue higher above the $3,500 resistance zone. ETH corrected gains and is now trading in a range above the $3,400 level. Ethereum is consolidating below the $3,500 resistance zone. The price is trading below $3,480 and the 100-hourly Simple Moving Average. There is a key declining channel forming with resistance at $3,470 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if there is a clear move above…
11 months ago
Why you should be holding crypto
Many would-be investors, outside the cryptocurrency space, are probably looking in and wondering what it’s all about. Governments have been very anti-crypto until recently, but now they seem to be warming to it. Should you be investing in crypto? A new asset class to be laughed at You may have been investing in the stock market, and perhaps you hold bonds and other traditional assets. You may have had a quiet laugh at the rather silly crypto asset class that…
11 months ago