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
Bitcoin Soaring Toward $84,000: Insights From Glassnode Co-Founders
In a remarkable turn of events, Bitcoin (BTC) has broken out of its recent trading range, recording a 7% surge in the past 24 hours alone. The cryptocurrency tests the $66,000 resistance level, setting the stage for a potential move toward higher targets. The latest momentum shift in Bitcoin’s price action has caught the attention of industry experts, particularly the co-founders of on-chain analytics firm Glassnode. According to their analysis, the trigger for a larger market structure release has been…
1 year ago
CARV and Google Cloud Share Insights On Advancing Data Democracy in Gaming and AI
SANTA CLARA, California, May 13th, 2024, Chainwire CARV, the largest modular data layer for gaming and AI, and Google Cloud have joined forces, beginning with an insightful web3 panel discussion incorporating AI to promote user data ownership and ethical development across gaming and other cutting-edge verticals. Kicking off with the “Google x CARV AMA: Data Democracy in Gaming and AI” webinar, both companies embarked on a journey to discuss how CARV’s innovative data layer can work with Google Cloud’s world-class…
1 year ago
Bill Morgan Predicts Major Insights On XRP’s Programmatic Sales Amid SEC VS Ripple
The post Bill Morgan Predicts Major Insights On XRP’s Programmatic Sales Amid SEC VS Ripple appeared first on Coinpedia Fintech News In the ongoing SEC vs Ripple case, Bill Morgan replies to Eleanor Terett’s recent X post saying that if the SEC does not succeed in an appeal against Ripple, and Ripple prevails without an appeal, then it could set a precedent where programmatic sales may not require registration. The broader implications of the case depend on subsequent developments. Furthermore,…
1 year ago
Trump Hosts NFT Enthusiasts: Memorable Quotes and Insights from Florida Event
Donald Trump hosted NFT enthusiasts at his Florida home on May 8, and he promised to fight for crypto and NFTs if he beats Joe Biden in the November polls. He took shots at the Biden administration’s hostile treatment of digital assets, including singling out Gary Gensler as anti-crypto as he claimed credit for “making NFTs hot again.” Once a fierce Bitcoin critic, Donald Trump seems to have turned a corner and has now vowed to protect the industry if…
1 year ago
XRP Price Target Set at $246 by Top Analyst: Insights from Bitcoin Halving Trends
An analyst makes an audacious prediction for XRP, foreseeing the asset hitting $246 after the end of the ongoing cycle. According to him, XRP’s weekly chart discloses the repetition of a pattern that triggered the significant surge to $3.3 in January 2018 and $1.9 in April 2021. XRP’s steady surge over the years and consistent struggle since the commencement of the legal dispute between the US Securities and Exchange Commission (SEC) and Ripple Labs has forced market analysts to resort…
1 year ago
World Blockchain Summit: Pioneering Insights and Strategic Partnerships Ignite in Dubai
[PRESS RELEASE – Dubai, United Arab Emirates, May 9th, 2024] Building on the momentum from a successful first day of the World Blockchain Summit (#WBS), organized by Trescon, Day 2 concluded with thought-provoking discussions, cutting-edge innovations, and actionable insights at the JW Marriott Hotel Marina in Dubai. Held on April 22nd and 23rd, the event gathered leading industry experts, blockchain innovators, government stakeholders, and investors, collectively spotlighting the practical applications of next-generation blockchain solutions. The World Blockchain Summit outdid expectations…
1 year ago
How Blockchain Is Revolutionizing Sports: Exclusive Insights from Chiliz CEO Alex Dreyfus
Welcome to the latest edition of the GoCrypto interview series with Mike Ermolaev, made possible by GoMining. Here we’re delving deep into an exclusive conversation with Alex Dreyfus, who turned his vision into reality with Chiliz and Socios.com, sparking a new era where fans hold more than just passion for their teams—they hold influence too. With his deep-rooted expertise from over 27 years as a digital entrepreneur, Alex has consistently stayed ahead of tech trends. Keeping his eyes on pushing…
1 year ago
Bitcoin Local Bottom In? Analyst Offers Insights
In an ever-evolving world of cryptocurrency markets, deciding the bottom of Bitcoin price correction is an endeavor that attracts interest from both investors and analysts. Joining the fray is cryptocurrency analyst and trader MilkyBull offering insights on the subject, claiming that Bitcoin’s local bottom has developed due to a certain development. Following its weekend recovery out of bear market territory, the price of Bitcoin slightly decreased on Monday. However, MilkyBull is confident that the recent retracement might be the last…
1 year ago
Ripple vs SEC: Legal Veteran Provides Timeline and Insights into Settlement Prospects
A top legal expert has shared an update with expected dates to watch in the Ripple versus SEC lawsuit. The industry was spooked by the recent Wells Notice to Robinhood. Marc Fagel, a legal veteran known for his expertise in securities litigation, recently provided a timeline and insights on the ongoing legal saga between Ripple Labs Inc. and the US Securities and Exchange Commission (SEC). Fagel Dismisses Premature Conclusion of Ripple vs SEC Case Fagel’s insights are in response to…
1 year ago