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…
Insights
Democratizing Crypto Insights with AI-Driven Research: Interview with Jiva Kwan, Co-founder of SoSoValue
The cryptocurrency investment landscape is experiencing unparalleled growth, with the recent launch of Bitcoin Spot ETFs and the imminent approval of Spot Ether ETFs driving institutional and retail investor interest. However, the abundance of blockchain transactions has created a noisy environment, making it challenging for investors to make informed decisions. This information overload has led to difficulties in monitoring portfolio performance, assessing profitability, and rebalancing investments efficiently. SoSoValue has rapidly emerged as a game-changer in the crypto investment research space,…
12 months ago
3 Best Ethereum Tokens Primed for Massive Gains: Insights for 2024’s Bull Run
The post 3 Best Ethereum Tokens Primed for Massive Gains: Insights for 2024’s Bull Run appeared first on Coinpedia Fintech News As the 2024 crypto bull run inches on and the Ethereum DeFi rises, investors continually seek the best investment vehicles to hop aboard to secure considerable returns. This search has spotlighted RCO Finance (RCOF), Shiba Inu (SHIB), and Arbitrum (ARB), three Ethereum-based tokens believed to be poised for explosive surges. Considering these assets’ market dynamics and past performances, they…
12 months ago
Is Bitcoin’s Rally Over? New Insights from CryptoQuant Predict a Market Downturn
According to the latest insight from a CryptoQuant analyst, Bitcoin might be poised for a notable price correction. This possibility of a price correction is based on major Bitcoin metrics such as the Adjusted Spent Output Profit Ratio (ASOPR), signaling a notable implication for Bitcoin’s trajectory. Understanding ASOPR’s Role In Predicting BTC Corrections The ASOPR, a key indicator in the crypto market, measures the profit ratio of spent outputs by comparing the value at which coins were bought to the…
12 months ago
XRP’s Price Stagnation: Insights from Ex-Ripple Director Amid Legal Battle
Ex-Ripple executive Sean McBride says that despite all the technical analysis and predictions, nothing significant will change with XRP until a ruling is delivered on the SEC lawsuit. The crypto and legal communities continue to predict when the lawsuit will conclude, with Brad Garlinghouse recently stating he expects the ruling by the end of summer. XRP has had a frustrating year, and alongside Cardano’s ADA, it’s the only crypto in the top ten to record losses year-to-date. This has been…
12 months ago
Why XRP Could Hit $7.5 Sooner Than You Think: Expert Insights Unveiled
The digital currency XRP, one of the major altcoins in the crypto market, is currently showing signs that may excite investors and traders. Recent analyses indicate the potential for significant price movement. According to Egrag Crypto, a prominent cryptocurrency analyst, the altcoin’s price could ascend to ambitious new heights in the coming months based on technical patterns and market trends. Technical Indicators Pointing Upwards XRP has so far emerged as a focal point for potential bullish activity. Notably, the asset has…
12 months ago
Is Dogecoin (DOGE) Poised for a Bull Run? Insights & Analysis
On-chain indicators like the Relative Strength Index (RSI), large holders’ activity, and the Market Value to Realized Value (MVRV) ratio offer insights into potential Dogecoin price movements. Analysts speculate that Dogecoin’s price could be influenced by GameStop’s performance, with potential resistance at $0.166 to $0.171. Although Dogecoin (DOGE) has shown some laggard performance among other meme coins recently, it continues to remain on investors’ radar at the moment. After 12.6% gains during the month of April, the Dogecoin price continued…
12 months ago
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InsightsBitgert’s $0.0001 Aspirations: Analyst Insights and Forecasts
Increasingly, the Bitgert altcoin coin is getting popular with market analysts who are optimistic that the price may soon touch $0.0001 on the back of this expanding community and innovative blockchain. The thing we’ll explore here is whether Bitgert lives up to its hype. All About Bitgert: The Next Top Altcoin Bitgert (BRISE) is a modern altcoin token maker company that makes blockchain-based products and solutions for auditing. BRISE tokens allow investors benefits through staked-in BUSD rewards, with a repurchase…
12 months ago
ORACLE MEME Shares Insights on Potential Tremendous Returns Amid Post-Halving Market Changes
ORACLE MEME launched the 3rd round of the presale event on June 5, 2024, on its official website, slightly increasing the price of its native token and encouraging users to maximize their returns with the help of post-Bitcoin halving increases in the crypto market. The announcement was made on the project’s official X (Twitter) account, where Oracle Meme also provided a detailed tutorial on purchasing OMEME, its native cryptocurrency. The Rise of the Crypto Market and BTC Halving Implications ORACLE…
12 months ago
Solnarize’s Upcoming Presale: Insights into the Sustainability-Focused Meme Coin and P2E Game
Abu Dhabi, UAE, June 4th, 2024, Chainwire Solnarize is thrilled to announce that the presale of it's $SRIZE tokens will commence on Friday, June 7th, 2024. This presale provides early participants the chance to engage with a project that combines innovative meme culture with the mission of promoting clean energy before listing on Raydium 48 hours after presale. Solnarize aims to innovate within the meme space by merging the viral appeal of meme culture with the vital mission of promoting…
1 year ago