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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Intel Markets User-Friendly AI-Powered Trading Platform Attracts Ripple and Toncoin Investors
The post Intel Markets User-Friendly AI-Powered Trading Platform Attracts Ripple and Toncoin Investors appeared first on Coinpedia Fintech News Although there are numerous crypto trading platforms in the market today, many of them have poor user interfaces that hamper the traders. Fortunately, there is Intel Markets that has a well-organized AI-powered interface where a trader can find everything he needs without any difficulties. Meanwhile, whales have dumped over 140 million XRP coins in the past week. Also, the Toncoin price…
9 months ago
Markets Consolidating Yet Solana (SOL) Price Preparing for a 30% Rise—But Here’s the Catch
The post Markets Consolidating Yet Solana (SOL) Price Preparing for a 30% Rise—But Here’s the Catch appeared first on Coinpedia Fintech News The markets are consolidating again! Solana’s price yet again failed to hold above $160 as the bearish action began in no time. As the Bitcoin price plunged below $63,000, which may soon tank below $62,000, the market participants appear to have fallen into a sea of uncertainty. This could cause the SOL price to remain within an accumulated…
10 months ago
Crypto Markets Eye Key US Economic Events This Week as Bitcoin Clings to $64,000
Cryptocurrency traders and investors are closely monitoring key events on this week’s US economic calendar. As Bitcoin (BTC) maintains a price above $64,000, these events could trigger significant market fluctuations. The crypto market, largely driven by retail investors, remains susceptible to economic pressures and regulatory uncertainties. With these factors at play, traders are eager to see how the week unfolds. Key US Economic Events This Week Bitcoin is eyeing further gains, supported by the Federal Reserve’s recent dovish tone. This…
10 months ago
AML Compliance Solutions in Crypto: Key Drivers, High-Risk Markets, and Future Outlook
In the past several years, the global crypto Anti-Money Laundering (AML) compliance solutions market has grown remarkably, reaching $686.89 million in 2023. As Verified Market Research reports, this sector is expected to surpass $1 billion by 2025, with a projected compound annual CAGR of 17.6% from 2024 to 2031. Such a swift expansion reflects the increasing mainstream adoption of crypto and the critical need for robust AML compliance solutions to combat illicit activities in the space. As cryptocurrencies integrate into…
10 months ago
The Evolution of Algorithmic Trading in Cryptocurrency Markets: CLS Global’s Market-Making Mastery
In the ever-evolving landscape of cryptocurrency trading, algorithmic strategies have become indispensable tools for market participants. But what exactly is algorithmic trading, and how does it apply specifically to the crypto market? Let's dive into this complex world, with a special focus on market-making – an area where CLS Global has established itself as an industry leader. Demystifying Algorithmic Trading At its core, algorithmic trading involves using computer programs to execute trades based on predefined criteria. While this concept dates…
10 months ago
Crypto Markets Plunge as US Government Transfers $600 Million in Bitcoin to Coinbase
According to on-chain data, the US government transferred 10,000 Bitcoin (BTC) to Coinbase Prime, an institutional trading platform. This transaction, worth approximately $593.5 million, notably influenced the crypto market trends. The Bitcoin originated from the Silk Road DOJ Confiscated Funds, a government-managed account. Is the US Government Planning to Sell Bitcoin? Observers are speculating about the government’s motives, as such deposits to exchanges typically suggest a potential sale. However, the context indicates a strategy more aligned with custodial intentions, particularly…
10 months ago
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MarketsMarkets Could Remain Highly Volatile: Here are the Cryptos to Monitor This Week
The post Markets Could Remain Highly Volatile: Here are the Cryptos to Monitor This Week appeared first on Coinpedia Fintech News The crypto market experienced a major pullback during the weekend, which slashed the prices of the major tokens. Meanwhile, the prices of most of the memecoins are facing extreme bearish heat, due to which they are feared to reach their respective support levels. Moreover, a series of events are lined up for the week, which may make the crypto…
10 months ago
Bitcoin Breaks Under $60K As ETF Markets Down For Second Week Straight
The post Bitcoin Breaks Under $60K As ETF Markets Down For Second Week Straight appeared first on Coinpedia Fintech News The Bitcoin ETF market is heating up with some wild swings! Last week, the Bitcoin spot ETF surged with a $169 million inflow, while Grayscale’s GBTC hit a rough patch, suffering a significant $391 million outflow. However, BlackRock’s IBIT showed strength, pulling in $219 million. Bitcoin itself faced a tumultuous week, breaking under $60,000 on Sunday with a 3.65% drop,…
10 months ago
Bitcoin Penetrating Mainstream Macro Capital Markets – What About Ethereum?
Most large-cap cryptocurrencies, including Bitcoin and Ethereum, have not exactly lived up to the hype and promise in the second half of 2024. Investors saw the general market experience a negative start to the past week, with most assets shedding a significant portion of their value. Interestingly, this recent price action has offered a unique insight into the current state of the crypto market and its relationship with the macro capital markets. Spot Bitcoin ETFs Vs. Ethereum ETFs — Relative…
10 months ago