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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JPMorgan Warns of Crypto Market Headwinds Amid Retail Investor Profit-Taking
JPMorgan’s cautious stance on digital assets underscores concerns over the fading retail interest and significant outflows from U.S. spot Bitcoin ETFs. Bitcoin options data suggests a potential summer slowdown in the cryptocurrency market, with traders anticipating low volatility. Wall Street banking giant JPMorgan stated that it is keeping a cautious stand on digital assets in the near term amid the lack of any stimulus and the retail interest disappearing in the short term. JPMorgan also added that retail investors were…
1 year ago
500 Million XRP Release by Ripple Triggers Price Drop Worries: Investor Anxiety Grows
Ripple Labs releases 500 million XRP from escrow, sparking speculations and discussions with respect to the rationale as recent distributions deviate from regular patterns. An analyst predicts that XRP could still hit $5 and later reach $18 as long as it trades within the $0.3917 and $0.6649 support range. Ripple Labs recently became the talk of the town after releasing 500 million XRP in two separate transactions, deviating from the regular pattern of its distribution. It can be recalled that…
1 year ago
Crypto Investor Predicts 99Bitcoins Token Will Explode in 2024 with New Bitcoin Bull Run
99Bitcoins token, a new BRC20 cryptocurrency launched by the 99Bitcoins news outlet, has garnered tremendous momentum in the opening days of its presale. So much so that investors have sunk almost $1 million into the ICO so far, and a prominent market analyst has hailed it as one of the most promising cryptocurrencies. Traders can currently buy 99Bitcoins token at presale for $0.00103, but this price will rise throughout the campaign with the next uptick in six days or when…
1 year ago
Crypto Investor Sentiment Turns Neutral as BTC Price Plummets Below $57K
The Bitcoin Fear and Greed Index shows crypto investor sentiment has turned neutral following BTC’s slump below $57,000. According to data from Alternative.me, the fear and greed index sits at 54 for the first time in three months, signaling that crypto investors are neither fearful nor greedy amid the current market conditions. Investors Harbor Neutral Sentiment The last time investors harbored a neutral sentiment was on January 28, 2024, when the price of BTC hovered around $42,000. At the time,…
1 year ago
Early DOGE Investor Predicts Next Big Thing: New Coin Could Turn $100 into $10,000 in Just 3 Weeks
The post Early DOGE Investor Predicts Next Big Thing: New Coin Could Turn $100 into $10,000 in Just 3 Weeks appeared first on Coinpedia Fintech News Experienced investors who have an acute sense of new trends and intriguing companies can occasionally identify gems in the rough before the larger cryptocurrency market does. In the case of Hump (HUMP), the most recent meme coin craze that has drawn attention from investors looking for high-reward chances, this is the case. Under the…
1 year ago
Investor Who Caught Cardano (ADA) at Token Sale and Made $1,400,000 Profit Believes This Coin Priced Below $0.05 Will Be the ‘Next Big Thing’ in the Crypto Market, Here’s Why
Success stories of early investors reaping massive profits have become legendary. From Bitcoin millionaires to Ethereum whales, these tales of astute investment decisions continue to capture the imagination of aspiring traders and investors worldwide. One such story that has recently emerged involves an investor who capitalised on the Cardano (ADA) token sale and turned a substantial profit of $1,400,000. Now, this seasoned investor is eyeing another opportunity in the form of $HUMP, a cryptocurrency priced below $0.05. With a conviction…
1 year ago
Toncoin (TON) and Memecoin (MEME) Decline, While Rebel Satoshi Arcade (RECQ) Enjoys Massive Investor Interest
Memecoin and Toncoin plummet, trading on the downside. Rebel Satoshi Arcade is a surprising winner, seeing rising investor interest in presale. By combining GameFi, memes, NFTs and merch, it stands out. The market has been trading sideways since Bitcoin (BTC) registered a new peak in March. With bearish pressure lingering, Toncoin (TON) and Memecoin (MEME) trade on the downside. However, a market bounce-back might be imminent, considering the completed fourth Bitcoin (BTC) halving. Nevertheless, we recommend smart investment and doing…
1 year ago
Shiba Inu Price Prediction: Can Meme Coin Hit $0.001 This Year? Investor Makes Daring Call
The world of cryptocurrencies is abuzz with speculation once again, this time centered around Shiba Inu (SHIB), the Dogecoin-inspired meme coin. Prominent Bitcoin investor Armando Pantoja has thrown down the gauntlet, predicting a price surge for SHIB, potentially reaching $0.001 by the end of 2025. This ambitious target has reignited discussions about SHIB’s potential and its ability to carve a niche beyond its meme-coin origins. SHIB’s past is a story of remarkable growth. In 2021, the meme coin defied expectations,…
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