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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Resilience Tactics: Staying Strong in the Face of Crypto Market Volatility
The post Resilience Tactics: Staying Strong in the Face of Crypto Market Volatility appeared first on Coinpedia Fintech News Many traders view crypto trading as riskier than other options for trading, due to the highly volatile nature of the crypto market. In this article, we delve into a few critical questions regarding crypto market volatility, including strategies for building resilience. Amidst the ups and downs of the market, understanding how to navigate and manage risks becomes essential. By grasping the…
1 year ago
Amid Market Turbulence, DeeStream Attracts Lido DAO & Compound Investors with 50X Growth Predictions
It’s been a bearish Q2 cryptocurrency market so far. Several coins that showed immense promise during the March bull market have begun to suffer severe value slumps. Currently, investors are looking for ways to recoup their losses and maximize gains when possible. DeeStream has recently emerged as a foremost crypto asset for investment. Lido DAO and Compound holders have spotted the platform and believe its crypto token will likely become a blue-chip cryptocurrency. They’ve begun buying large volumes of the…
1 year ago
Bitcoin bull market soon to enter next phase
The current consolidation and accumulation phase for bitcoin could be coming to an end. The $BTC price is rising towards the top of its bull flag, and a breakout could signify the beginning of the next phase of the bitcoin bull market. Bitcoin grinds higher despite failing economies Amidst the financial turmoil that is gripping economies around the world, bitcoin can hopefully still be relied upon to play out the rest of its bull market. This is the kind of…
1 year ago
Bitcoin Market Dynamics Remain Bullish Post-Halving: Bitfinex
The market dynamics for Bitcoin’s post-4th-halving era are currently positive, suggesting that investors anticipate higher prices and miners are adjusting their strategies well. According to the new Bitfinex Alpha report, bitcoin (BTC) selling by long-term holders has not yet led to the typical pre-halving drop, suggesting that new market entrants are absorbing the selling pressure efficiently. Miners Adjust Strategies The halving, which has enhanced bitcoin’s scarcity over time, has reduced its daily supply to $40-$50 million. Analysts expect these numbers…
1 year ago
Bitcoin Stopped at $67K, Toncoin’s Freefall Continues With 10% Drop (Market Watch)
Bitcoin’s price ascent continued in the past 24 hours, as the asset jumped above $67,000 where it was stopped and pushed back down. Most altcoins are also slightly in the red on a daily scale, aside from XRP, which has pumped by 3%. BTC’s Run Halted The cryptocurrency landscape was quite bearish last week as BTC was driven to under $60,000 on a few occasions. The last one was on Friday amid the escalating tension between Iran and Israel. However,…
1 year ago
‘More Upside Is Coming’: Crypto Market Set For 350% Growth, Predicts Glassnode Cofounders
Negentropic, the official X (formerly Twitter) account of Glassnode’s cofounders, has offered its own bullish sentiment for the crypto market. Glassnode Cofounders: There Would Be A Massive Growth Beyond Recent Corrections According to their analysis, the market, excluding the top 10 cryptocurrencies, known as “OTHERS,” is showing signs of a strong uptrend with the potential for “more upside” growth. This observation amidst increased volatility and uncertainty following the recent Bitcoin Halving event on April 20 reduced miners’ block subsidy rewards from…
1 year ago
Shiba Inu Market Lead Forecasts Major Price Surge After Bitcoin Halving
Shiba Inu’s top executive believes the crypto market is on track for a super cycle akin to the prior post halving bullish sentiments. Shiba Inu price is aiming to retest its all-time high in the coming weeks after last month’s bullish breakout from a macro bearish trend. The total cryptocurrency market cap has been bleeding in the past few days ahead of the much anticipated fourth Bitcoin halving. Bitcoin (BTC) and Ethereum (ETH) prices have dropped about 3 percent in…
1 year ago
BONK And PEPE Break Resistance: Is The Memecoin Market On The Move?
The post BONK And PEPE Break Resistance: Is The Memecoin Market On The Move? appeared first on Coinpedia Fintech News The recent Bitcoin halving has boosted institutional trust in the market, leading to gains across major cryptocurrencies and meme-inspired coins. Charts currently indicate that most cryptocurrencies and meme coins are performing well, with the overall cryptocurrency market capitalization at $2.43 trillion. The meme coin sector specifically has reached a market cap of $56.3 billion, marking a 0.21% increase over the…
1 year ago
Grayscale’s Mini-Bitcoin ETF to Have Lowest Fees on The Market
The world’s largest asset manager is aiming to retain its position as leader of the spot Bitcoin ETF market following a massive exodus of capital from its flagship GBTC product. In order to do this, Grayscale has applied for a smaller Bitcoin ETF with highly competitive fees to compete with its ten rivals. According to its latest filing with the US Securities and Exchange Commission, Grayscale’s new ETF, the Bitcoin Mini Trust, has set fees at just 0.15%. Grayscale Mini-BTC…
1 year ago