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 $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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MarketShiba Inu’s Bold Moves Cement Market Presence, Rebel Satoshi on Track for Significant Gains
Shiba Inu, known for its bold and innovative strategies, continues to make waves in the cryptocurrency market, while Rebel Satoshi ($RBLZ) emerges as a promising contender for significant gains. With both projects capturing the attention of investors, it’s essential to delve into their recent developments and market trajectories. Shiba Inu’s Market Dominance Shiba Inu has been making strategic moves to solidify its market presence and expand its ecosystem. The recent release of the 18th edition of The Shib Magazine, featuring…
1 year ago
Breaking Boundaries: Mumu the Bull Achieves New Heights in the Crypto Market
The post Breaking Boundaries: Mumu the Bull Achieves New Heights in the Crypto Market appeared first on Coinpedia Fintech News Join the Crypto MUUVEMENT with Mumu the Bull: Win big in our artistic contest, play ‘Slap the Bear,’ and witness Mumu’s soaring success in the crypto market! The cryptocurrency world is about to witness something truly exciting as Mumu the Bull charges into the scene, heralding the dawn of a new era with the Crypto MUUVEMENT on the Solana blockchain!…
1 year ago
Buying Opportunity: Crypto Institutional Investors Pump $862 Million Into The Market
Crypto investment products are up again in terms of inflows, giving the crypto industry a much-needed breather. Recent market dynamics have seen Bitcoin leading the surge of inflows into crypto investment products, signaling a possible resumption of bullish sentiment. James Butterfill, head of research at Coinshares, reported this inflow in a social media post. The statistics indicate that crypto investment products received inflows of $862 million over the timeframe spanning from March 23 to March 29 to reverse the record…
1 year ago
Best 3 Cryptos To Conquer The Bull Market: Cardano, Monero & Scorpion Casino
In the midst of a booming bull market, investors are eagerly seeking the next big opportunity to capitalize on the surging cryptocurrency landscape. Among the many options, three standout cryptocurrencies have emerged as top contenders: Cardano, Monero, and the innovative newcomer, Scorpion Casino. Let’s delve into the strengths of each and how they position themselves to thrive in the bullish market, with a special spotlight on Scorpion Casino’s unique approach to crypto presales. Scorpion Casino: The Rising Star Amidst the…
1 year ago
Ethereum Slides Near Three Year Low Against Bitcoin Amid Crypto Market Pullback
Ethereum (ETH) is losing a key support level against its larger crypto rival, Bitcoin (BTC), amid a broader crypto market selloff that began on Monday. Data from TradingView shows that 1 ETH is now worth less than 0.05 BTC, trading for 0.04961 BTC at writing time. The last time the ETH/BTC ratio traded so low was in January, after a brief crypto market selloff after Bitcoin ETFs went live. The last rare period at a similar ratio was when ETH…
1 year ago
Coinbase Sees Second-Largest Bitcoin Outflow Amid Market Correction
Amidst a market-wide correction, Coinbase experienced its second-largest Bitcoin outflow this week, with two massive withdrawals of 16,800 BTC and 17,000 BTC, respectively. Typically, when assets depart from centralized crypto exchanges like Coinbase, it indicates a bullish sentiment as it restricts the immediate selling pressure on those coins. Inflows to crypto exchanges, on the other hand, signal an impending sale, particularly following periods of significant price appreciation in a bid to secure profits. Various factors could explain the latest string…
1 year ago
Bitcoin Price To Crash 30% Amidst Bearish Crypto Market
The post Bitcoin Price To Crash 30% Amidst Bearish Crypto Market appeared first on Coinpedia Fintech News Today, the cryptocurrency market took a bearish turn as major digital assets faced notable price drops. Meanwhile, crypto analyst Ali Martinez recently shared a thought-provoking perspective on Bitcoin’s price movements amidst a broader downturn in the crypto market. Martinez suggests that a 30% price correction could potentially serve as a highly bullish indicator for Bitcoin. Analyst See 30% Correction Martinez’s tweet comes at…
1 year ago
Bitcoin Tumbles Below $67K as Solana Crashes 6% Daily (Market Watch)
The past 24 hours saw the broader cryptocurrency market lose around $120 billion of its total capitalization, which is currently sitting at roughly $2.63 trillion. This comes on the back of notable declines from the majority of coins, including Bitcoin, Ethereum, Solana, and others. Bitcoin’s Price Tumbles Below $67K Bitcoin lost around $3,000 throughout the past day following a sudden crash earlier this morning. The price went from almost $70K to $67K in minutes, triggering a wave of liquidations. Source:…
1 year ago
Why Crypto Market Is Down Today!
The post Why Crypto Market Is Down Today! appeared first on Coinpedia Fintech News The cryptocurrency industry has witnessed a massive correction of over 6% in market cap within the past 24 hours, with top crypto tokens such as BTC and ETH price each recording a correction of over 5.5% in their respective portfolios. The market leader, Bitcoin price, has displayed a strong bearish action, following which top altcoins have followed in the footsteps of it and displayed a similar…
1 year ago