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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Spot Solana ETFs: Analyst Says Don’t Get Too Excited About The Market Recovery
Crypto analyst Ali Martinez has warned the crypto community not to get too excited about the recent market recovery trigger by Spot Solana ETFs filing. Bitcoin (BTC) and the broader crypto market witnessed a relief bounce following recent bullish developments, but the analyst highlighted what could send the market into a downtrend again. Why The Crypto Community Should Not Get “Too Excited” After Solana ETFs Rally Martinez mentioned in an X (formerly Twitter) post that the crypto community should not…
12 months ago
Bybit Rebrands Narkasa as Bybit Turkiye, Unveiling Upgraded Platform for Turkish Crypto Market
Dubai, United Arab Emirates, June 28th, 2024, Chainwire Bybit, the world’s second-largest web3 platform by trading volume, marks a new chapter in its commitment to the Turkish market by resounding the partnership with Narkasa to continue the operation of Bybit Turkiye. Bybit Turkiye will be an independent brand, brought and operated by Narkasa Yazılım Ticaret Anonim Şirketi, a Turkish domiciled entity. This latest development signifies Bybit's dedication to providing Turkish users with a more localized and secure crypto trading experience. What's…
12 months ago
Blast Liquidity Market Fenix Finance Secures $300K In Seed Investment Round Led By Orbs
Fenix Finance said that it will use these funds to build a unified trading and liquidity marketplace on the Blast network, leveraging Orbs’ technology to enable seamless token swaps. Orbs’ investment will bolster its existing support for Fenix as a technology partner, facilitating the imminent deployment of the Fenix Liquidity Hub powered by Orbs L3. In a massive development, Blast liquidity market Fenix Finance has secured $300,000 in the seed investment funding round led by Layer 3 protocol Orbs. Fenix…
12 months ago
MOG Coin Skyrockets into Top 100 Cryptos by Market Cap, Meme Dominate
MOG Coin enters top 100 cryptocurrencies by market cap with significant growth in 24 hours. Meme coins lead market gains, overshadowing major cryptocurrencies like Bitcoin and Ethereum. MOG Coin has drawn a lot of interest since it soared into the top 100 cryptocurrencies by market cap. With a remarkable 32.34% rise in the last 24 hours, this surge has increased by more than 130% over the previous week. This outstanding result confirms the increasing interest and investment in MOG Coin,…
12 months ago
Top Gainer Crypto Solana and Avalanche See Major Gains Amid Market Recovery
The post Top Gainer Crypto Solana and Avalanche See Major Gains Amid Market Recovery appeared first on Coinpedia Fintech News With the crypto market recovering from its recent fall, most cryptocurrencies are trading in the green, with Bitcoin showing a 1.8% increase. This comes after several negative trading days that significantly impacted the market. Among the top gainers are Solana and Avalanche, with Solana surging by 9.3% and Avalanche by 8% seen in the last 24 hours. Solana’s Impressive Gains…
12 months ago
Telegram’s Notcoin Boosts Value with $3 Million Token Burn, Eyes Market Resilience
Notcoin has burned $3 million worth of the NOT token to reduce the supply and boost the price as it seeks to strengthen its rapidly-growing tap-to-earn gaming community. The project will also begin rewarding its community, including by awarding $5 million to its most loyal fans, amid a 120% surge in the past month. Notcoin, one of the breakout tokens of this year’s bull rally, has announced the burn of $3 million worth of NOT tokens as it seeks to…
12 months ago
Solana or Celestia: Which Blockchain Will Prevail as WW3 Shiba Sets The Crypto Market Ablaze
Solana's slow performance in Q2 2024 has not reduced expectations of a $SOL rally. Meanwhile, Celestia (TIA) will continue to empower modular blockchains as more companies explore this facet of blockchain technology. In other news, WW3 Shiba is fueling excitement in the GameFi market after launching its presale to rapid success. Traders and investors are piling up WW3Shiba to make decent gains. Can it outperform other top altcoins in 2024? Let's find out. Brand New Solana Blinks Solution could spur…
12 months ago
Shiba Inu Grinds To A Halt, As Rocketing Raboo Surpasses PEPE Causing Market Buzz
The $62 billion meme token market is currently witnessing a significant shift amid the relative performance of three meme cryptocurrencies - Shiba Inu (SHIB), PEPE, and Raboo (RABT). Notably, the growth momentum of SHIB, one of the breakout cryptocurrency success stories of 2021, is currently slowing down. Meanwhile, PEPE, a prominent and widely traded meme token, appears to be eclipsed by Raboo(RABT), an upcoming meme cryptocurrency generating significant buzz in the market due to its outstanding presale journey and several…
12 months ago
Spot Ethereum ETFs To Trigger Market Rally: Why Solana And This Viral ICO Will Benefit The Most
The imminent launch of Spot Ethereum ETFs has been a price catalyst for specific crypto assets, and experts expect new market opportunities ahead of the launch. Solana and a new viral ICO, ETFSwap (ETFS), are two projects set to benefit from this pivotal event and have shown exciting trends in the past few weeks. While Solana is a much more established crypto asset, ETFSwap (ETFS) has exhibited the potential for higher returns and safer investment entry amid its ongoing presale.…
12 months ago