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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Market Expert Who Predicted Bitcoin’s Rise above $69,000 Unveils New Target
The Bitcoin rise above $69,000 before the fourth halving to reach a new all-time high of $73,000 in 2024 took many by surprise. However, crypto analyst BitQuant was not one of those people. In 2023, the analyst had correctly predicted that the BTC price would reach a new all-time high before the halving was completed. After the successful completion of his prediction, the crypto analyst has once again predicted where the Bitcoin price is headed, and how high it will…
1 year ago
Analyst Predicts Shiba Inu to Soar 50% Amidst Meme Coin Market Rise
Well-known cryptocurrency expert and enthusiast Dami Defi has offered his insights on the price action of Shiba Inu, predicting a surge in the crypto asset as the Meme coin market sees a fresh wave of demand. Given the optimism around meme coins lately, Dami Defi is confident that Shiba Inu could rise by over 50% shortly. Shiba Inu Price Could Rise By 20% Shiba Inu (SHIB) has become one of the leading meme coins, attracting positive outlooks from several analysts in…
1 year ago
Ripple and SEC Enter Final Clash, This New AI Altcoin Could Surge Despite Market Dip
The post Ripple and SEC Enter Final Clash, This New AI Altcoin Could Surge Despite Market Dip appeared first on Coinpedia Fintech News It’s like the season finale over here, with Ripple and the SEC throwing down one last time in this legal epic. Ripple Labs and the U.S. Securities and Exchange Commission (SEC) are at the final stretch of their long-standing battle, and things are heating up! The SEC just dropped its final brief in the appellate phase, sticking…
1 year ago
PEPE Leads the Pack: Outpacing Other MEME Coins In Market Surge
PEPE price is up over 10% and outpacing other meme coins. The price could continue to rise toward the $0.0000125 level in the near term. PEPE started a fresh increase above the $0.0000105 level. The price is now trading above $0.0000110 and the 100-hourly Simple Moving Average. There is a breakout pattern forming with resistance at $0.0000115 on the hourly chart of the PEPE/USD pair (data source from Kraken). The pair could rally further if there is a close above…
1 year ago
BNB Price Recovery in Limbo: Potential Cap Looms Amid Market Uncertainties
BNB price is showing bearish signs below the $600 level. The price must settle above the $575 and $585 resistance levels to gain bullish momentum. BNB price started a fresh decline after it failed to clear the $600 resistance zone. The price is now trading below $585 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $575 on the hourly chart of the BNB/USD pair (data source from Binance). The…
1 year ago
Bitcoin Price Holds Firm: Key Support Maintained Amid Market Uncertainty
Bitcoin price is holding the key support at $60,000. BTC could start another increase and rise toward the range resistance at $63,500. Bitcoin is still trading in a range between $60,000 and $63,500. The price is trading above $61,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $61,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it…
1 year ago
Bitcoin, Ethereum, And Solana: Galaxy Digital CEO Predicts Next Market Movements
Mike Novogratz, the CEO and founder of Galaxy Digital, shared his insights on the current state of the cryptocurrency market. According to Bloomberg, Novogratz predicts that Bitcoin (BTC) will likely remain within a relatively narrow trading range for the current quarter as the adoption of cryptocurrencies in traditional finance continues to evolve. Stagnant Crypto Market Per the report, Novogratz described the current phase in the crypto market as a consolidation period. He emphasized that Bitcoin, Ethereum (ETH), and other cryptocurrencies, including…
1 year ago
Toncoin (TON) Outperforms Bitcoin (BTC): A Sign of Strength Amid Market Volatility
TON has significantly surged in price outdoing Bitcoin in this harsh market volatility. Strong project fundamentals and a rising social media community have led to the success of the Telegram native coin Toncoin, the native token of Telegram Connected Open Network has captured headlines amidst the rugged market downturn. While Bitcoin and other well-set-up crypto coins hustle and tussle, Ton has significantly distinguished itself. TON has not only undergone a noteworthy price surge but also had a remarkable social media…
1 year ago
Bitcoin Conference “NiceHashX” Set to Revolutionize European Crypto Market
Maribor hosts its first Bitcoin conference, NiceHashX, aiming to spotlight Bitcoin’s role in Slovenia and celebrate NiceHash’s 10-year journey. The event features top speakers like Saifedean Ammous and Jameson Lopp, discussing topics from European Bitcoin adoption to the future of exchanges. Leading hashrate marketplace NiceHash is set to host the inaugural NiceHashX conference on November 8 and 9, a major event for the European crypto world. The conference aims to spotlight Slovenia’s burgeoning role in the Bitcoin ecosystem, showcasing the…
1 year ago