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…
Impact
3 Major Metrics To Watch Out For That Can Impact Ethereum Prices
The crypto market has been plagued with increased volatility lately, with the second largest crypto token by market cap, Ethereum (ETH), not exempt. This has made it harder to determine Ethereum’s future trajectory. However, certain metrics indicate what direction ETH’s price could head in when this volatility subsides. Ethereum Investors Are Bullish Data from Coinglass shows that most Ethereum investors and traders are still bullish on the crypto token despite recent fluctuating prices. Specifically, most of these traders have continued…
1 year ago
How Will Bitcoin (BTC)’s Halving Impact Meme Coins Shiba Inu (SHIB) and Furrever Token (FURR)?
The post How Will Bitcoin (BTC)’s Halving Impact Meme Coins Shiba Inu (SHIB) and Furrever Token (FURR)? appeared first on Coinpedia Fintech News The long-awaited Bitcoin halving, occurring on April 20th, has sparked anticipation across the crypto sphere, with investors eagerly awaiting its impact on the market landscape. As attention focuses on the flagship cryptocurrency, questions arise about how this significant event will influence the trajectories of meme coins like Shiba Inu (SHIB) and Furrever Token (FURR). Amidst the buzz…
1 year ago
Justin Sun on the Blockchain’s Future: Projecting the Impact of Bitcoin’s Halving, Regulations, and Memecoins
Mike Ermolaev speaks with Justin Sun, the founder of TRON and a member of the HTX Global Advisory Committee, in an exclusive interview for the GoCrypto interview series powered by GoMining. Discussions include the future landscape of blockchain technology, the predicted effects of Bitcoin halving, and TRON's strategic vision for 2024. The brains behind TRON, a project with the ambitious goal of creating the framework for an Internet that is truly decentralized, Sun is well-known for his deep understanding of…
1 year ago
Will the Impact of Bitcoin Halving Have an Effect on BTC Price? Here’s What You Need to Know
The post Will the Impact of Bitcoin Halving Have an Effect on BTC Price? Here’s What You Need to Know appeared first on Coinpedia Fintech News The crypto space celebrated the successful completion of the 4th Bitcoin halving, just a few moments before. With this, the BTC price regained some strength; it raised above $64,200, but it turned out to be a short-lived rally. The price quickly plunged below the levels but is sustaining itself within the bullish range. Therefore,…
1 year ago
Bitcoin Halving: Anticipating Price Impact, Miner Challenges, And Long-Term Outlook
The highly anticipated Bitcoin Halving event is close, bringing with it heightened expectations regarding the long-term impact on the Bitcoin price. There are concerns, however, that this quadrennial event may already be priced in, as Bitcoin recently reached an unprecedented all-time high of $73,700 on March 14. This surge broke the pattern of previous Halvings, where Bitcoin had never surpassed its previous ATH before the event. However, historical data reveals significant price increases in the year following previous Halvings. Experts…
1 year ago
XRP Price Speculation: Imagining the Impact of Ripple’s $600 IPO Shares
The Ripple IPO, speculated to reach a valuation of $600 per share, holds promise for propelling XRP to new heights. Linda Jones projected Ripple’s shares to soar to $600 post-IPO, translating to a 1,242% increase in valuation, potentially influencing XRP’s price upwards of $6.0. As the Ripple vs SEC case reportedly turns toward its conclusion, everyone is now paying attention to the Ripple IPO likely to arrive by the end of this year. If Ripple were to undergo an IPO…
1 year ago
The Halving Effect: Analysing The Impact on Bitcoin Dominance
The post The Halving Effect: Analysing The Impact on Bitcoin Dominance appeared first on Coinpedia Fintech News The 2024 Bitcoin halving is just a day away, sparking excitement among crypto fans. Although it is not the first time Bitcoin is preparing for halving, many expect this fourth halving to be more significant. One big reason is the changing crypto landscape. Unlike before, there is a surge in alternative cryptocurrencies or Altcoins. At present, the dominance of Bitcoin in the cryptocurrency…
1 year ago
Bitcoin Halving May Not Impact Prices As Hype Over Spot ETFs Continues: What To Expect From BTC Price?
The post Bitcoin Halving May Not Impact Prices As Hype Over Spot ETFs Continues: What To Expect From BTC Price? appeared first on Coinpedia Fintech News Bitcoin traders are eagerly anticipating that the upcoming scheduled decrease in the issuance of new coins will lead to a significant surge in Bitcoin’s price. Nevertheless, this expectation may not be fully realized this time, according to various experts. Deutsche Bank suggests that the effects of the Bitcoin halving are already reflected in its…
1 year ago
Bitcoin Halving 2024: How Will It Impact Your Bitcoin ETFs?
The post Bitcoin Halving 2024: How Will It Impact Your Bitcoin ETFs? appeared first on Coinpedia Fintech News As Bitcoin gears up for its fourth halving in mid-April 2024, the anticipation is electrifying. This event isn’t just another blip for crypto miners; it’s a seismic shift resonating throughout the ecosystem. The buzz isn’t merely about miners; it’s about how this event impacts every corner of the crypto world, including the growing Bitcoin ETF sector. Let’s dive into the details of…
1 year ago