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…
Investment
Tron Memecoins Surge: Why TRX is the Best Altcoin Investment Right Now?
The post Tron Memecoins Surge: Why TRX is the Best Altcoin Investment Right Now? appeared first on Coinpedia Fintech News Crypto analyst Miles Deutscher is buzzing about TRON, calling it the next big thing in the crypto world. He’s pointing out how TRON is catching fire, with major growth and attention coming. Let’s explore why TRON might be a jackpot for investors, especially with its growing meme coin ecosystem and other blockchain innovations. 3. On-chain volume is surging.TRON has hit…
10 months ago
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InvestmentSUNDOG Buyer Makes 10000x Profit On $1.69K Investment In Just 6 Days!
The post SUNDOG Buyer Makes 10000x Profit On $1.69K Investment In Just 6 Days! appeared first on Coinpedia Fintech News According to data from Arkham Intelligence, a particular trader made over 10000x on his initial investment of $1.69k. He turned his $1.69K of SUNDOG into $20 Million in just 6 days. The trader identified as TT4S5 was one of the earliest SUNDOG buyers & purchased 104.33M tokens for $1.69K. They now hold $19.52 million worth of SUNDOG across seven addresses…
10 months ago
Pepe Price Faces Key Test In September – Is This New Meme Coin A Better Investment?
Top meme coin Pepe is facing several crucial tests heading into September. Despite rallying nearly 10% today, the PEPE price failed to flip the key 200-day Exponential Moving Average, which is currently hovering at $0.0000083. The bulls need to reclaim this level before the monthly close to pave the way for a new all-time high. The Pepe price is currently trading at $0.0000078, with a market capitalization of $3.28 billion. Some smart money investors are already pivoting to new meme…
10 months ago
Cheap Token Below $0.01 To Double Your Investment in August 2024
The post Cheap Token Below $0.01 To Double Your Investment in August 2024 appeared first on Coinpedia Fintech News MoonTaurus (MNTR) is gaining attention as an affordable investment opportunity that could see significant returns by August 2024. Currently priced below $0.01, MNTR is positioned as a low-cost token with high potential. The recent surge in interest and the promising outlook for this cryptocurrency suggests that it could double in value in the coming months. With its strategic plans and increasing…
10 months ago
Why Goldman Sachs Is Betting Big on Bitcoin ETFs: $419M Investment Revealed
The post Why Goldman Sachs Is Betting Big on Bitcoin ETFs: $419M Investment Revealed appeared first on Coinpedia Fintech News Goldman Sachs, one of the biggest banking players, is taking serious moves into the cryptocurrency world. According to their latest filing with the SEC, Goldman Sachs now holds a massive $419 million in various Bitcoin ETFs. Let’s explore their motives and playout behind crypto investments. A Closer Look at Their Portfolio One of the standout investments in their portfolio is…
10 months ago
ETH ETFs Gain Ground: DRW’s $150M Investment Indicates Increasing Institutional Interest
DRW Venture Capital has revealed a significant $150 million investment in Ethereum ETFs, highlighting growing institutional interest as the crypto ETF gains momentum. Institutional Interest in ETH ETFs Gains Momentum DRW Venture Capital has disclosed a substantial investment in Ethereum exchange-traded funds (ETFs), signaling a notable shift in institutional interest towards cryptocurrency products. The Chicago-based high-frequency trading firm reported in its recent filing with the U.S. Securities and Exchange Commission (SEC) that it has allocated over $150 million to the…
10 months ago
Turkish Conglomerate $1.6 Billion Investment Ignites El Salvador’s Bitcoin City Plan
El Salvador has secured a landmark $1.6 billion investment from Turkey’s Yilport Holding to propel its Bitcoin City project. President Nayib Bukele announced this strategic partnership, which will modernize two critical seaports in the country. Additionally, it will provide the necessary infrastructure for the ambitious project. $1.6 Billion Investment to Modernize Ports, Kickstart Bitcoin City In his X (Twitter) post, President Bukele revealed that Yilport Holding’s investment also marks the largest private investment in El Salvador’s history. According to Stacy…
10 months ago
Experts Recommend MoonTaurus (MNTR) as the Top Investment for 2024 Amid Crypto Market Volatility
The post Experts Recommend MoonTaurus (MNTR) as the Top Investment for 2024 Amid Crypto Market Volatility appeared first on Coinpedia Fintech News On August 5, 2024, the crypto market experienced one of its biggest shakeouts of the year, with over $1 billion being liquidated within 24 hours. Bitcoin (BTC) sank over 10%, briefly dipping below $50,000, while Ethereum (ETH) lost over 21%. This turbulence has prompted investors to seek cryptocurrencies offering a safer hedge against market volatility. While BTC and…
10 months ago
MicroStrategy’s Bitcoin Holdings: Unraveling a High-Stakes Investment Strategy
The post MicroStrategy’s Bitcoin Holdings: Unraveling a High-Stakes Investment Strategy appeared first on Coinpedia Fintech News Recently, an announcement made by microstrategy microstrategy Business Intelligence executive chairman michael saylor michael saylor Micheal J Saylor is the greatest visionary in the Information Systems industry. An enthusiastic blockchain influencer and a splendid leader. He believes that prudent institutional investors should only consider trusting a crypto-asset network after it has operated reliably for at least ten years without a hard fork. He…
10 months ago