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
Tags
ImpactTags
ImpactTransforming Industries: VeChain’s Impact on Luxury, Food Safety, and Sustainability
In a recent interview, Sunny Lu, CEO and Founder of VeChain, explained the innovative platform’s real-world use as it transforms businesses using blockchain. By tracking products, optimizing supply chains, and promoting transparency, VeChain solidifies its position as a suitable blockchain that helps businesses track and manage their supply. In a recent interview, Sunny Lu, CEO and founder of VeChain, a blockchain platform that helps businesses track and manage their supply, discussed how VeChain’s blockchain technology is revolutionizing luxury goods, food…
11 months ago
Circle Execs Outline Impact Of MiCA On Broader Crypto Market
The post Circle Execs Outline Impact Of MiCA On Broader Crypto Market appeared first on Coinpedia Fintech News Circle executives reveal the potential impact of MiCA on the broader crypto market. The Director of Strategy and Policy at Circle has highlighted the profound changes MiCA will bring and predicts that the EU crypto landscape is expected to localize, institutionalize, and consolidate with the MiCA entering the market. He further noted that MiCA’s introduction could lead to a more professional and…
11 months ago
Solana (SOL) price impact from potential ETF
VanEck has filed an application for a Spot Solana ETF. This is on the heels of the already approved Spot Ethereum ETFs. With a predicted date for approval and then potential launch in mid-2025, what could the impact of this be on the price of $SOL? The crypto markets are buzzing. A quite unexpected filing for a Spot Solana ETF from fund manager VanEck has rocked the market, causing retail investors and institutions to sit up and take notice. Blinks…
12 months ago
Bitcoin Braces for Impact! Mt. Gox Payouts Threaten July Sell-Off
The post Bitcoin Braces for Impact! Mt. Gox Payouts Threaten July Sell-Off appeared first on Coinpedia Fintech News Bitcoin (BTC) has hit a roadblock in its bullish journey of 2024, facing setbacks fueled by reversing flows into spot BTC ETFs. The recent trend suggests a bearish trend as over 140,000 Bitcoins are set to flood the market, amplifying the ongoing sell-off concerns triggered by the Mt. Gox antiquated Bitcoin sell-off. Here’s the story. Market Jitters One of the looming shadows…
12 months ago
Analyst Predicts Less Severe Impact From Mt. Gox Bitcoin Payout
The post Analyst Predicts Less Severe Impact From Mt. Gox Bitcoin Payout appeared first on Coinpedia Fintech News Alex Thorn, Galaxy’s Head of Research believes that the forthcoming distribution of more than 140,000 BTC from the defunct Mt Gox exchange will have a less severe impact than expected. The selling will mostly come from individual creditors, who are receiving less than half of the total 140,000 Bitcoin. According to Thorn, creditors are significantly skewed towards long-term Bitcoiners who would want…
12 months ago
Solana (SOL) Prepares for Ethereum ETF Impact, Trades Firmly Above $130
Solana is the most common destination for assets from the Ethereum ecosystem, and with the ETFs looming, analysts predict that billions could be flowing into the SOL ecosystem. Market experts predict that Ethereum ETFs could attract at least half of BTC ETFs’ $60 billion assets, and a significant share of this would flow into Solana, halting further dips below $130. It has been the year of ETFs. Bitcoin spot ETFs launched in January and have accumulated over $60 billion in…
12 months ago
DNNY.COM: Impact of Regulatory Changes on Crypto Market
The post DNNY.COM: Impact of Regulatory Changes on Crypto Market appeared first on Coinpedia Fintech News Once the speciality of a tech fan, digital currency has made considerable progress to where it is now a worldwide pervasion in financial impact, taking everything into account from funds to craftsmanship. As it grows, the crypto market captures the imagination of governments and regulatory bodies, too. As a result of these modifications in the regulation of the cryptocurrency market, investors, developers, and everyone…
12 months ago
Training and Development in Cryptocurrency Enterprises: The Impact of WEWE Global’s Initiatives
Training and development programs are crucial for nurturing the skills and expertise required to thrive. WEWE Global, now spoken of in the past tense, was a prominent player in this space, providing a compelling blueprint for how training initiatives can bolster professional growth among digital entrepreneurs. WEWE Global: A Retrospective WEWE Global connected services provided by its partner companies to a vibrant community of thousands of digital entrepreneurs globally. It functioned as a decentralized autonomous organization (DAO), enabling every community…
12 months ago
Crypto Movers Guide: Shiba Inu, Ethereum, and Furrever Token’s Market Impact
The post Crypto Movers Guide: Shiba Inu, Ethereum, and Furrever Token’s Market Impact appeared first on Coinpedia Fintech News With the Furrever Token presale nearing its end, anticipation within the crypto community is high. Offering potential returns of up to 15X, Furrever Token stands out with its innovative 10% deposit bonus referral system, blending cuteness with profitability in a crowded market. Concurrently, Shiba Inu sees a notable increase in its burn rate, possibly boosting its value by reducing supply. Ethereum…
12 months ago