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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Nervos Network CKB Token: The Market Disruptor With 75% Uptrend, Outshining Top 100 Cryptos
Amid a widespread price correction affecting the majority of the top 100 cryptocurrencies, one digital asset has defied the trend, surging to impressive heights. Nervos Network, along with its native token CKB, has not only recorded significant gains but has also climbed to the 79th rank in the market, raising questions about the factors behind its surge. Nervos Network Decoded Nervos Network is a proof-of-work (PoW) Layer 1 (L1) blockchain designed to optimize application-specific Layer 2 chains. The network aims…
1 year ago
Litecoin (LTC) Breaks Records: 5 Million Long-Term Holders Signal Major Market Shift
Recently, reports from IntoTheBlock revealed that the Litecoin (LTC) network has exceeded five million long-term holders. This achievement represents approximately 62.5% of all LTC addresses with a balance, underscoring Litecoin’s widespread adoption and long-term viability within the crypto community. Rising Long-Term Holder Trend Signals Optimism The surge in long-term holders has been particularly noticeable in recent months, underscoring a growing inclination towards holding LTC for quite a long time. In February’s closing days alone, the number of long-term holders soared…
1 year ago
Toncoin Inches Closer to Dogecoin Market Cap Amid Rumors of Telegram IPO
Toncoin’s value surged by 7.31% in 24 hours, nearing Dogecoin’s market cap of $27.6 billion. Telegram IPO rumors and the Notcoin game boosted Toncoin’s popularity. Toncoin, the cryptocurrency initially developed by Telegram and subsequently handed over to the open-source community, has surged in value, nearing Dogecoin’s market capitalization, a well-known meme coin. In the last 24 hours, Toncoin has experienced a notable surge, witnessing a 7.71% increase in value. This surge has propelled its market capitalization to a substantial $25…
1 year ago
Bitcoin Halving RoadMap: Analyst Outlines 3 Phases For Market Dynamics
Bitcoin is now hovering around the $70,000 threshold after a notable recovery it witnessed a few days ago. Due to the recent momentum, crypto enthusiasts are becoming less pessimistic about the digital asset’s growth prior to the halving event. With the fast approaching much-anticipated Bitcoin Halving, Rekt Capital, a well-recognized cryptocurrency analyst and aficionado, has offered his market insights mapping out three distinct stages of the event for investors. 3 Distinct Aspects Of The Bitcoin Halving Rekt Capital’s analysis delves…
1 year ago
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MarketMove Over ScapesMania and Pandoshi! BlastUP Presale Promises Market Innovation
The crypto landscape is rapidly evolving, and a fresh player is stepping up to challenge established favorites like ScapesMania and Pandoshi. With the bull run of 2024 in full swing, BlastUP is launching a presale that has caught the attention of investors and enthusiasts alike. This innovative approach is setting the stage for what could be a transformative year in the market. The article ahead delves into how this newcomer plans to shake things up in the cryptocurrency sphere. BlastUP…
1 year ago
Uniswap Plummets 17% Amid SEC Threats: Whales Cash Out, Market in Panic
Uniswap (UNI) has suffered a major setback with prices plummeting due to concerns that the U.S. SEC is taking legal action against the project. Whales are leading price action as some cash out leading to a market-wide panic that caused UNI to plummet 17%. Uniswap (UNI) investors are in panic mode after it was revealed that U.S. regulatory bodies led by the SEC are preparing a lawsuit against the project. Confirmed by Uniswap Labs, the organization responsible for the development…
1 year ago
Market Optimism Wavers on Ethereum and XRP; Can Investors Make Better Investment Returns on $RBLZ?
The post Market Optimism Wavers on Ethereum and XRP; Can Investors Make Better Investment Returns on $RBLZ? appeared first on Coinpedia Fintech News TLDR ETH could decrease to under $2,500. XRP bears expect continued price drops. $RBLZ is set to resume its positive trend. Experts evaluate Ethereum (ETH) and XRP (XRP) as particularly risky investments for the forthcoming term. On the other hand, many experienced investors have started to take note of Rebel Satoshi’s ($RBLZ) fantastic growth potential. Let’s explore…
1 year ago
BTC Maintains $70K Despite Heightened GBTC Outflows, WIF Plummets Again (Market Watch)
Bitcoin’s price slipped to and under $70,000 yesterday, but the asset has reclaimed that level despite the growing outflows from Grayscale’s BTC ETF. Most altcoins are slightly in the red today, led by losses from TON, NEAR, ARB, FIL, APT, and WIF. BTC Back to $71K It was just a little over a week ago when the price of primary cryptocurrency tumbled hard amid reports that the US government plans to sell more BTC. The asset had fallen to $64,500…
1 year ago
Beating Market FOMO – Top Altcoin Picks That 99% Investors Will Miss
The cryptocurrency market is surging into a bull run and investors are on the lookout for the next big opportunity. While fear of missing out (FOMO) may sway many to mainstream choices, there are certain altcoins that remain largely unnoticed. These selections could provide significant rewards, yet the majority of investors will likely overlook them. The following analysis offers insights into these under-the-radar cryptocurrencies that could potentially lead to substantial gains during the current market upswing. BlastUP Presale: The 1st…
1 year ago