Market

The overall crypto marketcap has bumped by 0.4% in the past 24 hours and is currently trending at $2.77 trillion. Here is an overview of how BTC, ETH, and DOT are doing before we get into the technical analysis: BTC: $70,252 (-1.4%) ETH:  $3,618 (+1.4%) DOT: $8.87 (-0.1%) Bitcoin Price Analysis The Bitcoin price is trending upward. This Monday, BTC returned to $72,000 before retracing to below $70,000. As per the Fibonacci retracement lines, the price has dropped below the…

The cross-border payment industry is expected to reach $250 trillion by 2027 as Ripple, Stellar, Swift, etc race for dominance.  It is reported that this industry grew by $25 trillion to reach $150 trillion between 2018 to 2022.  The battle for supremacy in the cross-border payment industry hits a new level as Stellar, Ripple, Cardano, Hedera, Swift and FedNow double down efforts with innovations. According to a report, the industry grew by $25 trillion to reach over $150 trillion between…

Bitcoin ETF volume has skyrocketed. Experts believe Bitcoin (BTC) can reach a price of $98,190 by the end of 2024. Rebel Satoshi’s $RECQ has gained momentum with an 85% price leap in its presale. Analysts believe $RECQ is one of the altcoins to watch for its 237% growth projections. Bitcoin ETF volume has witnessed a remarkable rise over the past month, pushing Bitcoin (BTC) into the spotlight once again. On the other hand, market momentum has shifted to the presale…

The future price and valuation of Bitcoin is a hot topic of debate, with varying predictions from different camps. One sentiment is maintained by most, though, and that is the fact that the cryptocurrency is going to trade at a much higher valuation than it is currently. Skybridge Capital CEO Anthony Scaramucci shares this sentiment, predicting that the Bitcoin market cap will eventually reach half of the gold market cap. Batting For Bitcoin To Capture 50% Of Gold Market Cap…

Amid the renewed strength recently displayed by Bitcoin, Michael Van De Poppe, a recognized cryptocurrency analyst and trader has offered an intriguing prediction for BTC, highlighting that the crypto asset is likely to reach the $300,000 threshold in this bull cycle. Bitcoin Price Targetted At Unprecedented Heights This Cycle Over the past month, the price of Bitcoin has been consolidating and hasn’t been able to sustain its rise beyond its new peak of $73,000. However, things could soon be changing,…

The Chief Executive Officer (CEO) of Ripple, Brad Garlinghouse has boldly forecasted a transformative shift in the crypto industry, envisioning a $5 trillion market capitalization for cryptocurrencies in 2024.  Ripple CEO Says Crypto Market Cap To Double By Year’s End Appearing in a recent interview with CNBC, Garlinghouse made a shocking prediction, stating that he sees the entire market capitalization of the crypto industry surging to $5 trillion by the end of 2024. The significance of this prediction carries severe…

Dogecoin’s market value nears that of Ripple’s XRP, showcasing a significant increase. The meme cryptocurrency Dogecoin experiences a substantial price surge, overtaking other major cryptocurrencies. In the evolving world of cryptocurrencies, as reported by a CNF post, Dogecoin (DOGE), a leader among meme-based digital currencies, has experienced a notable upward trajectory. Recently, its value surged by over 10%, reaching a high of $0.1975 before stabilizing around $0.195. This growth has positioned Dogecoin as the top performer in the cryptocurrency market,…

Ripple CEO Brad Garlinghouse predicts the cryptocurrency market will reach a staggering $5 trillion value by the end of 2024, driven by various factors including ETF launches and the Bitcoin halving event. The current market trends and regulatory changes, especially in the U.S., are contributing to this optimistic forecast, with potential implications for Bitcoin, Ethereum, and XRP. Brad Garlinghouse, Ripple’s CEO, envisions the total value of the cryptocurrency market soaring to $5 trillion by this year’s end. In a recent…

The post Ripple CEO Forecasts Crypto Market Doubling to $5 Trillion by Year-End appeared first on Coinpedia Fintech News In a bold projection made on CNBC, Ripple CEO Brad Garlinghouse has anticipated substantial growth in the cryptocurrency market, with its total capitalization potentially reaching $5 trillion by the end of 2024.  Garlinghouse has grounded his optimistic outlook in various macroeconomic factors, including the recent approval of the first U.S. spot Bitcoin ETFs and the upcoming Bitcoin halving. Ripple CEO predicts…