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…
Interest
DOGE’s position on the list keeps interest in meme coins alive
The post DOGE’s position on the list keeps interest in meme coins alive appeared first on Coinpedia Fintech News The segment of meme coin heavily enjoys support from the community. For one, it does take pride in entertaining the community members. Two, an ideal objective is to stay in the game and yield productive results for token holders. Just like the crypto sphere on a macro level, there are changing dynamics in the meme coin sector too – something that…
1 year ago
Ethereum (ETH) and Shiba Inu (SHIB) Traders Watching Closely: Furrever Token (FURR)’s Presale Sparks Interest
The post Ethereum (ETH) and Shiba Inu (SHIB) Traders Watching Closely: Furrever Token (FURR)’s Presale Sparks Interest appeared first on Coinpedia Fintech News In the midst of volatile and turbulent market conditions, where uncertainty looms large and traditional investments falter, a new dynamic is emerging within the cryptocurrency sphere. Ethereum (ETH) and Shiba Inu (SHIB), once the stalwarts of digital assets, find themselves grappling with lackluster performance, leaving investors searching for alternatives. Against this backdrop, Furrever Token (FURR) shines brightly,…
1 year ago
Ethereum Sees Decline In Whale Interest Amid Rising Bearish Threats: What’s Next For ETH Price?
The post Ethereum Sees Decline In Whale Interest Amid Rising Bearish Threats: What’s Next For ETH Price? appeared first on Coinpedia Fintech News Ether price witnessed a severe drop a few days ago, currently failing to maintain a trading position around $3,300. Whenever ETH approached the $3,000 mark, buyers stepped in, defending the support. However, those short-term buyers then exit the market at a peak price. As a result, there’s a steep decline in whale interest, resulting in a decline…
1 year ago
Unfazed by SEC Lawsuit, Ripple Prepares for IPO with Strong Investor Interest
The post Unfazed by SEC Lawsuit, Ripple Prepares for IPO with Strong Investor Interest appeared first on Coinpedia Fintech News Ripple, the company behind XRP, is locked in a fierce battle with the Securities and Exchange Commission (SEC), disputing the penalties imposed by the regulatory body. Ripple asserts its compliance with the law while contesting the SEC’s hefty demands. Legal experts offer varied timelines for resolution, with some anticipating a quick end while others brace for a prolonged legal showdown.…
1 year ago
Ethereum On-Chain Health Holds Strong Amidst Open Interest Plunge – Impact On Price
Ethereum (ETH) stands as a bellwether for the industry’s ebbs and flows. As of press time, Ethereum was trading at $3,174, its price trying to reach the crucial $3,000 mark. However, beneath the surface of these seemingly stable waters lies a complex interplay of market forces and investor sentiment. Ether’s Challenging Trajectory Since last week, the lower timeframes have seen repeated breaches of the $3,000 psychological threshold, and the enthusiasm surrounding the altcoin king has significantly waned. This downward pressure…
1 year ago
Ethereum’s Drop Below $3,000 Spurs Big Interest in Fezoo Exchange Presale from Polkadot & Chainlink Holders Globally
This prolonged downturn bedeviling the crypto-verse is affecting even the biggest cryptocurrencies. Ethereum's price has fallen below $3,000, causing investors around the world to look for new investment opportunities. The Fezoo’s Exchange presale is attracting attention, especially from holders of Polkadot and Chainlink. The project has the potential for interesting returns, as well as offering a high-quality, fully-featured platform for traders of all levels. Polkadot down more than 22% in a week, but showing first signs of recovery After a…
1 year ago
Next FTX Solana Sale: Auction Format Signals Strong Buyer Interest
The bankruptcy estate of FTX intends to auction a second batch of Solana tokens worth billions, and some of the largest crypto investment firms have expressed interest. The estate previously sold SOL tokens worth $1.9 billion through Galaxy Digital; investors purchased the tokens at around $60, but Solana currently trades at over $150. The bankruptcy estate of collapsed crypto exchange giant FTX is preparing to sell a second batch of Solana tokens for billions of dollars, and investors are lining…
1 year ago
Furrever Token Presale ROI Surge Triggers Ethereum, Shiba Inu, and Dogecoin Investor Interest
The post Furrever Token Presale ROI Surge Triggers Ethereum, Shiba Inu, and Dogecoin Investor Interest appeared first on Coinpedia Fintech News In the vibrant world of cryptocurrencies, each token tells its own unique story through market movements and trading activities. Today, we delve into the updates of four distinct cryptocurrencies: Shiba Inu (SHIB), Ethereum (ETH), Dogecoin (DOGE), and Furrever Token (FURR). Each of these tokens has shown significant activities or faced regulatory milestones that shape their market position and future…
1 year ago
Investors Fret Over Interest Rates: Digital Asset Outflows Hit $206M
Bitcoin halving concerns triggered the 11th consecutive week of outflows from the blockchain equities. According to data compiled by CoinShares, blockchain equities experienced $9 million in withdrawals as investors worried about halving the impact on mining companies because it can affect their profitability and, subsequently, the value of their investments in those firms. The latest halving saw the mining reward slash to 3.125 BTC. If mining becomes less profitable as a result, it can lead to reduced revenue and potential…
1 year ago