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…
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Tether To Invest $1B In AI, Biotech, And Financial Infrastructure
Tether, the issuer of the USDT stablecoin, is planning to invest a staggering $1 billion in technologies such as biotech, financial infrastructure, and artificial intelligence (AI). Tether has already spent around $2 billion through its VC arm on technologies such as artificial intelligence (AI) and alternative financial infrastructure. Tether Plans Significant Investment According to Tether CEO Paolo Ardoino, the company will invest at least $1 billion through its VC arm. Ardoino stated that Tether has a growing team that evaluates…
12 months ago
Analyst Weighs In: Should You Invest $1000 in Ethereum or Chainlink?
The post Analyst Weighs In: Should You Invest $1000 in Ethereum or Chainlink? appeared first on Coinpedia Fintech News Most blue-chip cryptocurrencies, apart from Bitcoin and Solana, have faced challenges in 2024. However, this changed with the surprising approval of several Ethereum ETFs by the SEC. This approval has improved sentiment in the altcoin market, although returns remain modest. Analyst Altcoin Buzz has now discussed allocating $1,000 between Ethereum and Chainlink. He explored the bullish case for Chainlink, explaining its…
12 months ago
Last Chance: Market Expert Reveals Why Now Is The Perfect Time To Invest In These 5 Altcoins
Renowned market expert Michael Van de Poppe has recently shared his insights on the current state of the cryptocurrency market, highlighting potential breakout opportunities for altcoins. As the largest cryptocurrency on the market, Bitcoin (BTC), consolidates in a price range between $67,000 and $70,000, Van de Poppe’s latest market update suggests that this may be the ” final time” to invest in altcoins before a potential breakout. Altcoins Analysis In a series of social media posts, Van de Poppe analyzes…
12 months ago
Best Crypto to Invest In? Low Cap New Crypto ICOs To Watch
Cryptocurrencies are available at a variety of costs, ranging from tens of thousands of dollars for one Bitcoin to cheap cryptocurrencies and meme coins for less than a dollar. As such, finding the cheapest cryptocurrency to buy can be an appealing idea for people looking to diversify their financial investment portfolio and make huge returns without making a major investment. However, the main problem is finding viable opportunities, as new coins circulate daily. In this guide, we have picked out…
12 months ago
Cryptos to Buy into Current Market Dip: Last Chance to Invest Before the Bull Run Comes
The post Cryptos to Buy into Current Market Dip: Last Chance to Invest Before the Bull Run Comes appeared first on Coinpedia Fintech News The crypto market presents a rare opportunity as prices remain low ahead of the approaching bull run in 2024. Certain cryptocurrencies show promise for significant gains, making them attractive options for investors. This article highlights key choices poised for potential growth, providing insights into what makes these assets compelling. Readers can explore which cryptocurrencies might offer…
12 months ago
5 New Crypto Presales to Invest in this June
The post 5 New Crypto Presales to Invest in this June appeared first on Coinpedia Fintech News As Bitcoin flirts with its ATH, the crypto market is teetering on its next bull rally. This could make June a lucrative opportunity to invest in new cryptocurrencies. Presales are often the best way to buy new cryptocurrencies, offering a fixed, discounted price before the token launches on exchanges. With that in mind, let’s explore the five best crypto presales to invest in…
1 year ago
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InvestThe 8 Best Cryptos to Invest in Under $2 To Gain Mass Riches
The post The 8 Best Cryptos to Invest in Under $2 To Gain Mass Riches appeared first on Coinpedia Fintech News In light of the ever-changing cryptocurrency market, traders who keep an eye on low-cost but promising tokens are usually winners. This article narrows down the best cryptos under $2 with huge profit potential. These coins have achieved significant milestones. Let’s see which ones they are. The 8 Top Crypto Coins to Buy Right Now Our analysts have listed…
1 year ago
BlackRock Updates S-1 for Spot Ethereum ETF- Why 5thScape Is The VR/AR Coin To Invest In
BlackRock has updated its S-1 registration statement for a proposed spot, Ethereum ETF, signaling a significant move toward its potential launch. This amendment was filed on May 29, after the SEC approved related 19b-4 listing rule changes on May 23. The updated filing clarifies several initial placeholders, including a $10 million seed capital investment and the structure of in-kind transactions for authorized participants. With the ETF’s ticker set as ETHA, the fund is closer to reality, although the approval timeline…
1 year ago
ARK Invest CEO: Solana ETF Approval Imminent, But Memecoin-Focused Funds Unlikely to Pass
Cathie Wood highlights crypto’s pivotal role in US politics for the 2024 presidential elections, attributing the swift approval of the spot Ethereum ETF by the SEC to this trend. Wood reaffirms ARK Invest’s commitment to making Bitcoin accessible to a wider audience through the ARK 21Shares Bitcoin ETF. Crypto market proponent and ARK Invest CEO Cathie Wood stated that crypto has now taken the center-stage in US politics for the 2024 presidential elections. This was typically the reason behind the…
1 year ago