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…
Investors
Retire Early with These Cryptocurrency Strategies: Tips From Successful Investors
Dreaming of saying goodbye to your 9-to-5 job earlier than expected? The enticing bull run of 2024 has brought that fantasy within reach for those who play their cards right in the cryptocurrency market. Successful investors share their savvy approaches that could potentially help you step into retirement sooner. This article unpacks their tried-and-tested strategies, offering clear insights for anyone looking to navigate the thriving crypto environment to secure a comfortable future. CYBRO Presale: Meet the First-Ever Earn Marketplace on…
1 year ago
Must-Have Cryptocurrencies for Savvy Investors During the Bull Run
The post Must-Have Cryptocurrencies for Savvy Investors During the Bull Run appeared first on Coinpedia Fintech News The investment horizon brightens as the bull run of 2024 takes charge, presenting a golden opportunity for investors eager to enhance their portfolios. Identifying the right cryptocurrencies becomes pivotal at this juncture. This article zeroes in on the essential picks that seasoned investors are eyeing. With a focus on potential growth and market momentum, arm yourself with knowledge on the cryptocurrencies that stand…
1 year ago
Post-Halving Outlook: Ripple & Cosmos Investors See DeeStream (DST) as a Path to 70X Gains in Streaming Innovation
The post Post-Halving Outlook: Ripple & Cosmos Investors See DeeStream (DST) as a Path to 70X Gains in Streaming Innovation appeared first on Coinpedia Fintech News Bitcoin (BTC) halving has historically ushered in new all-time highs for the leading asset, triggering altcoins to register new peaks. While large-cap cryptocurrencies have been considered safe investments, investors know that big gains come from buying presale or low-cap projects early. With the impact of the recent halving event yet to take place, investors…
1 year ago
Investors Shifting from Ripple Seek Gains with Emerging DeFi Projects
As the bull run of 2024 unfolds, many investors are exploring new opportunities beyond established platforms like Ripple. The shift in focus is towards the burgeoning sector of decentralized finance, or DeFi, where fresh projects are emerging. These innovative ventures promise potential gains, attracting attention in the investment community. The current market trend reflects a noteworthy pivot to these emergent DeFi projects, signifying a possible change in the investment tide. This article delves into this shift, examining why and how…
1 year ago
Fidelity Director Drops Big Prediction For Bitcoin; New Investors Scramble To Scoop NuggetRush (NUGX) Tokens At Launch
Bitcoin’s deflationary and decentralized nature is driving its price higher, with predictions of exponential growth by top analysts like Jurrien Timmer of Fidelity Investments. Timmer’s projection of a $1 billion valuation by 2038 is based on Metcalfe’s law. NuggetRush (NUGX) is a rapidly growing cryptocurrency with a unique blend of utilities, including integration with gold and artisanal mining. Its play-to-earn (P2E) games on the Ethereum blockchain offer investors accessibility and transparency. As the crypto market continues to transform and innovate,…
1 year ago
Cardano Crisis Or Comeback? ADA’s Key Metric Hits Low, What This Means For Investors
Data from analytics platform IntoTheBlock have illuminated a troubling trend within the Cardano (ADA) network, showing a significant dip in ‘profitability’ for its holders. While cryptocurrencies like Bitcoin and TRX show a high percentage of holders in profit, Cardano stands in stark contrast, with only 35% of its holders currently seeing gains. This insight into the Cardano ecosystem reveals deeper challenges, as many of ADA’s transactions now appear to be at a loss. The chart below shows the percentage of…
1 year ago
Investors Remain Optimistic for Bull Market as Price Rebounds on Fantom and SEI; Can Milei Moneda ($MEDA) Presale Sustain Momentum?
Fantom’s Sonic Validator Node pioneers blockchain speed, aiming for 2,000 TPS and sub-second confirmation times amid positive market reception. Sei Foundation and Gitcoin launch $10M Creators Fund, boosting SEI and GTC prices on Binance. SEI is expected to rebound to $0.90 by May 2024. Milei Moneda ($MEDA) on Uniswap May 2024. Priced at $0.0125, projected $0.020. Best DeFi investment—deflationary, governance, satire-infused. Amidst a bullish market, Fantom pioneers blockchain speed, Sei Foundation and Gitcoin launch a $10M fund, and Milei Moneda’s…
1 year ago
FTX Co-Founder Sam Bankman-Fried’s Civil Liability Released In Settlement With Investors
According to a recent Bloomberg report, a group of investors and customers of cryptocurrency exchange FTX have agreed to drop their claims against co-founder Sam Bankman-Fried. In exchange, Bankman-Fried has agreed to cooperate with the plaintiffs in the ongoing lawsuits against other defendants related to the collapse of FTX. Sam Bankman-Fried And Insiders Settle Per the report, if approved by a judge, this agreement would release Bankman-Fried from civil liability just weeks after being sentenced to 25 years in prison…
1 year ago
Investors Should Ground Expectations Post-Bitcoin Halving: Glassnode
Bitcoin’s fourth halving has sparked speculation about significant price surges, but Glassnode, an analytics firm, advises that investors should “ground expectations” based on historical data. The Bitcoin halving happened less than a week ago, leading to a 50% reduction in supply inflation, increasing the issuance scarcity. Glassnode Says Fourth Halving is Different The halving has historically impacted price performance. However, Glassnode highlights diminishing returns and shallower drawdowns seen over time due to the market’s growth and capital flow requirements. Glassnode…
1 year ago