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 $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Bitcoin Cash And Ethena Bounce To Previous Price Ranges; Is It The Best Market Condition To Buy Borroe Finance?
Ethena (ENA) recorded notable rebounds to price levels previously traded. Meanwhile, market players are curious whether this is the best market condition to ape into the new ICO coin Borroe Finance ($ROE). Let’s find out what’s going on with these top crypto coins. Bitcoin Cash Open Interest Diminishes As Price Leaped Early in April, specifically on the fourth day of the month, Bitcoin Cash (BCH) had its second halving, a landmark event in the history of the flagship crypto’s fork. …
1 year ago
Upbit Dominates South Korea’s Crypto Market, Ranking Top 5 Globally: Report
Upbit, a cryptocurrency platform based in South Korea, is responsible for over 80% of the country’s trading activity and has become among the world’s leading five exchanges in terms of trading volume. According to a Bloomberg report, Upbit’s customers were responsible for nearly a fifth of the total deposits from its major banking partners last year. Upbit’s Dominance Sparks Concerns Upbit’s dominance has drawn criticism and concerns, particularly as South Korea moves to enact new legislation aimed at protecting investors…
1 year ago
VeChain Sets Sights on $20 Trillion Payments Market with V3TR Trademark
VeChain is keen on revolutionizing the payments landscape with its innovative solutions. VeChain remains a major pioneer of blockchain-based enterprise innovations. VeChain (VET), the blockchain platform known for its focus on supply chain management and enterprise solutions, is expanding its scope into the vast payments market with the introduction of its V3TR trademark. As earlier reported by Crypto News Flash, this move signals VeChain’s strategic ambition to tap into the $20 trillion global payments sector. VeChain Witnesses Incredible Growth The…
1 year ago
What Is a Bull Market? When Does It Come? Which Crypto to Buy Before It?
A bull market represents a period of significant growth and optimism in finance, marked by rising investment prices. Identifying the onset of such a prosperous phase can be pivotal for investors aiming to optimize their portfolios. Cryptocurrencies, being a notable investment avenue, can see substantial gains during these times. With the bull run of 2024 underway, selecting the right cryptocurrencies for investment before momentum picks up is critical for potential profitability. This article explores the indicators of an emerging bull…
1 year ago
These 2024 Trends Could Change the Cryptocurrency Market Forever!
In a rapidly evolving investment climate, the present surge in cryptocurrency interest has marked 2024 as a pivotal year. New patterns are emerging that promise to reshape the industry in lasting ways. This article delves into the influential forces and developments currently shaping the market, offering insights into what could set the course for the future of cryptocurrencies. The information presented is crucial for anyone looking to navigate the thriving crypto sphere effectively. BlastUP Presale Ends in Few Weeks, Last…
1 year ago
BingX Listing Boosts CHO Token’s Visibility as Choise.ai Makes Another Big Splash in the Market
The CHO token has continuously appreciated in value for the past three months, rising by almost 699%. This substantial increase in value is attributed to various factors, including the recent listing on the BingX exchange, which can draw millions of eyes to the project and enhance CHO's liquidity. However, considering other factors that could positively affect the token's price and what the technical indicators show, is there room for further upside? Highlight of the Week: BingX Listing and CHO Listing…
1 year ago
Best Meme Coins That Can Lead the Next Market Rally With 1,000% Growth Potential
The meme coin market has recently exploded in both value and trading volume. Data from CoinGecko suggests that the market has reached a market cap of $63.3 billion, and a trading volume of $4.8 billion. As a result, it's clear that traders and investors looking to diversify their holdings are now jumping into memecoins in order to get the maximum ROI that they can. Out of the many projects which are available, five have stood out the most as they…
1 year ago
We Asked ChatGPT Which Will be the Next Meme Coin to Hit $10B Market Cap
TL;DR The meme coin sector has experienced significant growth, with Dogecoin (DOGE) and Shiba Inu (SHIB) leading, while newer tokens like dogwifhat (WIF) and Pepe (PEPE) gain traction through strong community support. Analysts remain optimistic about the realm’s potential, particularly post-Bitcoin halving, which has historically triggered market surges. Which Meme Coin May Join the Prestigious Club? The meme coin sector has been making great strides during the latest bull cycle, with its market capitalization briefly surpassing $60 billion. The progress…
1 year ago
3 Meme Coins That Could Reach $100 Billion Market Cap, Plus One Dark Horse Play For 2024
The post 3 Meme Coins That Could Reach $100 Billion Market Cap, Plus One Dark Horse Play For 2024 appeared first on Coinpedia Fintech News The meme industry has witnessed massive adoption in the past few years. What started as fun has grown to reach $54B in Market cap. Some analysts think that the meme coin market will grow to over $500B in the year. This article looks into the 3 top meme coins that could reach a $100B valuation…
1 year ago