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 $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Bitcoin Halving Marks Digital Scarcity Era, Market Anticipates Strong Rally for Hedera Competitor
The crypto world is about to witness a game-changer as Bitcoin completed its halving event. This milestone is set to shake things up, making the king of cryptocurrencies even more scarce than ever before. But while all eyes are on Bitcoin, there’s another player that’s quietly making moves in the background – Borroe Finance ($ROE), the new Hedera competitor that’s got everyone buzzing. The Halving Hype So, what’s the deal with the Bitcoin halving? In simple terms, it’s when the…
1 year ago
Dogwifhat & The Graph Traders Pivot to Kelexo (KLXO) P2P Lending, Eyeing High Returns as BTC Halving Fuels Market Excitement
The post Dogwifhat & The Graph Traders Pivot to Kelexo (KLXO) P2P Lending, Eyeing High Returns as BTC Halving Fuels Market Excitement appeared first on Coinpedia Fintech News Dogwifhat (WIF) and The Graph (GRT) are on traders’ radars as they try to find their way in the furious crypto market. On the other hand, Bitcoin (BTC) reached its significant milestone, overcoming a key resistance level. Dogwifhat (WIF) wild ride shows how volatile meme coins are, but experts say it may…
1 year ago
HBAR Skyrockets 60% Amid BlackRock Confusion, BTC Aims at $67K (Market Watch)
Bitcoin tried to take down the $67,000 level once more in the past day or so but failed to overcome it decisively and now sits inches below it. The altcoins are well in the green, with ETH jumping to $3,250 and TON recovering some of the most recent losses. HBAR is today’s top performer after some interaction with BlackRock. BTC Goes After $67K Bitcoin’s price faced massive volatility last week, mostly driven by the escalating tension between Iran and Israel.…
1 year ago
Meme Coin Bull Market: BONK, WIF, PEPE, and Others Spike by Double Digits
TL;DR Meme coins like Bonk Inu, dogwifhфat, and others are seeing significant price increases, while the leaders Dogecoin and Shiba Inu show more modest gains. Analysts predict a possible further rally for the asset class following the recent Bitcoin halving, which has historically led to market surges. Meme Coins in the Spotlight Meme coins have been crypto’s rock stars during this bull cycle, with many of them witnessing substantial price increases in the past few months. Today (April 24) is…
1 year ago
Ripple Price Prediction: XRP’s Path to a $33 Billion Market Surge by 2025
The post Ripple Price Prediction: XRP’s Path to a $33 Billion Market Surge by 2025 appeared first on Coinpedia Fintech News As April draws close, cryptocurrency enthusiasts eagerly await what lies ahead. Ripple (XRP) has been on a rollercoaster ride this month, navigating through turbulent waters. In a recent analysis, Cheeky Crypto delves into the potential for a significant rally in XRP, forecasting a $33 billion surge by 2025. Amidst market turbulence and regulatory uncertainties, Cheeky Crypto examines the factors…
1 year ago
Solana’s Impressive NFT Performance Signals Potential Market Cap Surge
Solana has recently experienced a surge in Non-Fungible Token (NFT) transactions, surpassing Ethereum and Polygon in transaction volume. The number of core developers on the network has reduced, and there is a question of whether the platform can keep going in the long term Solana, the blockchain platform known for its high-speed transactions and growing popularity, has recently experienced a surge in Non-Fungible Token (NFT) transactions, surpassing Ethereum and Polygon in transaction volume. Solana recorded over 1.2 million transactions in…
1 year ago
Bitcoin Market Dynamics Still Positive Post-Halving – Bitfinex Analysis
In the midst of the dramatic changes that have occurred in the cryptocurrency space after the Bitcoin halving event, Bitfinex provides a perceptive analysis that reassures investors that the market dynamics of BTC have remained positive in the post-halving period. Bitfinex examines the on-chain data and finds encouraging signs for Bitcoin in spite of the United States economy’s current state of uncertainty in its most recent Alpha report, which was released on April 22. Bitcoin Market Dynamics Remains Bullish According…
1 year ago
Stablecoin Market Cap Sees Strong Recovery, Here’s Why This Is Bullish: ITB
The stablecoin market has recovered significantly from its plunge in the last two years due to the bear market, recording substantial volumes and activity since October 2023. According to a tweet by crypto market intelligence platform IntoTheBlock, the stablecoin market capitalization is currently at $160 billion, and it is steadily aiming for the all-time high of $188 billion recorded during the peak of the last bull cycle. Stablecoin Market Cap Recovers IntoTheBlock considers the growth in the stablecoin market cap…
1 year ago
Standard Chartered Forecasts $150,000 Bitcoin Price by Year-End Amidst Market Volatility
Standard Chartered sticks to $150,000 Bitcoin target despite recent price dips, citing market cyclicity and ETF growth. Geoff Kendrick, head of digital assets research, remains confident in Bitcoin’s rebound potential amid geopolitical tensions. Standard Chartered, a leading financial institution, reaffirmed its bullish prediction for Bitcoin’s price, setting a year-end target of $150,000. The prediction comes from Geoff Kendrick, head of digital assets research at Standard Chartered, who remains optimistic despite recent setbacks in Bitcoin’s value. Bitcoin had a significant pullback…
1 year ago