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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Crypto Market Stagnation Is to End Soon – Experts Predict 200x Growth in These Altcoins if Bitcoin Nears $100K
The post Crypto Market Stagnation Is to End Soon – Experts Predict 200x Growth in These Altcoins if Bitcoin Nears $100K appeared first on Coinpedia Fintech News The crypto market has been stuck in a lull for some time, but this may change abruptly. Leading analysts are forecasting a potential massive spike in certain altcoins. These experts believe that if Bitcoin hits the $100K mark, some smaller cryptocurrencies could skyrocket up to 200 times their current value. Stay tuned to…
9 months ago
Aark Digital Launches New Perpetual Market Indices with Dual Trading Modes
Panama City, Panama, September 10th, 2024, Chainwire This decentralized trading platform, ranked 3rd in the Arbitrum perpetual DEX market, offers traders the ability to leverage up to 50x on real-world event outcomes. Aark Digital, which as of September 9th is ranked 3rd among Arbitrum perpetual decentralized exchanges DEXs), continues to push the boundaries of decentralized trading. The platform offers a new type of perpetual market where users can trade unique indices, such as the Trump-perp, which allows traders to speculate…
9 months ago
Bitcoin Fear & Greed Levels Hit 2021 Bear Market Lows: Could $220K Be Next?
The post Bitcoin Fear & Greed Levels Hit 2021 Bear Market Lows: Could $220K Be Next? appeared first on Coinpedia Fintech News Bitcoin’s Fear & Greed Index has plunged to levels not seen since the 2021 bear market, despite Bitcoin’s current price being four times higher. Back in 2021, when the index was this low, Bitcoin was trading at $15 to 17k before skyrocketing to an all-time high of $69k. Now, with the Fear & Greed Index hitting similar lows,…
9 months ago
Bitcoin News Today: How Corporate and Government Bitcoin Reserves Impact the Market
The post Bitcoin News Today: How Corporate and Government Bitcoin Reserves Impact the Market appeared first on Coinpedia Fintech News Companies -both public and private – and governments hold large Bitcoin reserves. MicroStrategy, a public company, owns around 226,500 Bitcoins. Similarly, the US government holds over 207,189 Bitcoins. At a time when the market is expecting a recession, it is important to have a clear understanding of the influence of large Bitcoin holders on the Bitcoin price. Bitcoin Holdings by…
9 months ago
Hamster Kombat, MemeFi Are in the Past. Who Will Create the Next Boom in the Crypto Market?
When the first tap2earn games (which gamers affectionately called "tappers") appeared on the market, expectations were low. Developers raced to launch new games with minimal functionality (essentially MVPs), while gamers enjoyed mindlessly tapping their screens just to pass the time without caring too much about the primitive gameplay and basic mechanics. The pioneer in the "tap2earn" genre, Notcoin game, barely had any gameplay at all. It was a simple and primitive clicker, which even after updates didn't expand its functionality…
9 months ago
Vitalik Buterin Withdraws 760 ETH As Market Turmoil Strikes Ethereum
Ethereum co-founder Vitalik Buterin has been in the news of late with his 760 ETH withdrawal–a move that raised eyebrows as speculations about what such external wallet transactions by him could do to the Ethereum market. Transactions are part of a broader trend that has seen wallets associated with Buterin and the Ethereum Foundation actively sell large portions of Ether. It is this aggressive selling that has added to the bearish pressure on Ethereum’s price, which lately slipped to the…
9 months ago
Ethereum Set To Make a Recovery, Market Analyst Explain Why Mpeppe (MPEPE) and Shiba Inu (SHIB) Are Investors Go To
As Ethereum shows signs of recovery, crypto investors are exploring other opportunities for significant gains. Two standout contenders are Mpeppe (MPEPE) and Shiba Inu (SHIB), both of which are capturing attention with their innovative approaches to blockchain, De-Fi, and meme culture. Let’s dive into why these two coins are becoming investors’ top picks during Ethereum’s recovery. Mpeppe (MPEPE): Sports, Blockchain, and Meme Culture Mpeppe (MPEPE) is not just another meme coin—it’s a cryptocurrency that combines the worlds of sports fandom…
9 months ago
Uniswap Defies Market Trend, UNI Price Breakout Hints 30% Upside?
The post Uniswap Defies Market Trend, UNI Price Breakout Hints 30% Upside? appeared first on Coinpedia Fintech News As the crypto market stabilizes, top altcoins have successfully regained momentum by adding significant value to their respective portfolio within a short period. Following this, the Uniswap price records a jump of over 11% in the past seven days. With this, questions like “Will UNI price hit $10 in 2024?” and “How high will Uniswap go?” are constantly searched. Dive in as,…
9 months ago
Binance-Backed Tokocrypto Secures PFAK License, Elevating Indonesia’s Crypto Market
The post Binance-Backed Tokocrypto Secures PFAK License, Elevating Indonesia’s Crypto Market appeared first on Coinpedia Fintech News Exciting news from Indonesia’s crypto scene—Tokocrypto, a subsidiary of Binance, has secured a coveted Physical Crypto Asset Dealer (PFAK) license, marking a major milestone for the company and the country’s growing crypto industry. This makes Tokocrypto the third exchange in Indonesia to achieve this authorization level, boosting its credibility and influence. Following the news, Toko Token is up by 12.68% in 24 hours…
9 months ago