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…
Markets
Cardano Foundation CEO Envisions Blockchain Revolution in Financial Markets
Cardano Executive sees the inevitable overhaul of financial markets using blockchain. Cardano might play a very significant role in driving this overhaul. Frederik Gregaard, CEO of the Cardano Foundation envisions a future where blockchain technology will be used in transforming financial markets. In an X post, Gregaard paints a picture of a financial ecosystem with solid products, built with the customer in mind and free from the constraints of the traditional infrastructures. Cardano Exec on Evolution of Financial Markets The…
1 year ago
The Latest Trends in Financial Markets
Hi there, intrepid investors! Fasten your seatbelts for an exciting journey into the rapidly evolving realm of the financial markets. Being ahead of the curve is essential in the dynamic world of today. Wall Street and Main Street investors alike are always looking for fresh information to help them with their trading decisions. So grab your surfboard and get ready to ride the wave as this piece shall explore the latest trends, including the hot updates on bitcoin trading.…
1 year ago
dogwifhat (WIF) Leads the Markets with 20% Upswing While Bulls Aim for Another 10% Rise
The post dogwifhat (WIF) Leads the Markets with 20% Upswing While Bulls Aim for Another 10% Rise appeared first on Coinpedia Fintech News The traders appear to have been fascinated with the growth of the memecoins as they continue to prosper regardless of the ongoing market trend. Once again, Pepe initiated a strong bullish trend that shook up the entire crypto space, specifically the memecoins. Since then, a majority of them have swelled, with significant gains inducing the dogwifhat (WIF)…
1 year ago
Solana, Chainlink, & This Popular Altcoin Stand Against the Bearish Heat—Will the Markets Follow?
The post Solana, Chainlink, & This Popular Altcoin Stand Against the Bearish Heat—Will the Markets Follow? appeared first on Coinpedia Fintech News The crypto space is again consolidating but under bearish influence. The selling pressure is slowly mounting over the tokens but some manage to hold a tight grip over the rally. While memecoins are leading the top gainers, popular altcoins like Solana (SOL), Chainlink (LINK), and Polygon (LINK) withstand the selling pressure as the bulls appear to be poised…
1 year ago
LINK Gains 7% as Chainlink Embarks on Tokenization, Revolutionizing Financial Markets
Chainlink has marked a major uptick in its price amid growing hype in its tokenization capabilities. CCIP, Data Feeds, and Proof-of-Reserves are some of the solutions Chainlink is deploying to drive the tokenization revolution. Decentralized Oracle network provider Chainlink saw the price of its native token LINK increase by 7% recently amid its tokenization journey. LINK’s rally also follows hype from the launch of eight spot Ethereum Exchange-Traded Funds (ETFs) in the United States. Chainlink’s Role in Tokenizing Financial Markets…
1 year ago
PrimeXBT to democratise financial markets with total revamp and upgraded product offering
Majuro, Marshall Islands, May 22nd, 2024, Chainwire Leading Cryptocurrency broker, PrimeXBT, has just launched a total revamp of its brand, website, and all-in-one platforms, as part of its vision to “democratise the financial markets” and “make investing available to all”. PrimeXBT’s new look and feel debuts alongside equally substantial upgrades to the broker’s product offering, including lower fees across 100+ CFD markets, increased leverage on Crypto CFDs, and new fiat payment options, aiming to offer traders more for less. This…
1 year ago
Markets Tear Down the Longs Who Aped Above $63,000; Here’s Where the Bitcoin (BTC) Price May Head Next
The post Markets Tear Down the Longs Who Aped Above $63,000; Here’s Where the Bitcoin (BTC) Price May Head Next appeared first on Coinpedia Fintech News The crypto markets are down by over 3% as the bears managed to trap the bulls after pretending to be inactive for a couple of days. Besides, the Bitcoin (BTC) price has also plunged by over 3.7%, marking interim lows at $60,487 from the highs slightly above $61,000. The market dynamics appear to have…
1 year ago
Robinhood Markets Receives Wells Enforcement Notice from SEC
Retail trading platform Robinhood Market revealed it received an enforcement action notice, or a “Wells notice,” from the SEC. Robinhood Market announced on Monday that it received a so-called Wells notice from the US Securities and Exchange Commission (SEC) over crypto tokens traded on its platform. SEC Plans to Bring Enforcement Against Robinhood Markets According to reports from news agency Reuters, the retail trading platform Robinhood Markets, revealed it received Wells notice from the SEC on Monday. The SEC issues…
1 year ago
Azuro and Chiliz Working Together to Boost Adoption of Onchain Sport Prediction Markets
[PRESS RELEASE – Lisbon, Portugal, May 9th, 2024] Azuro, the leading liquidity layer for onchain predictions, and Chiliz, the world’s premier sports and entertainment blockchain, are partnering up to accelerate the adoption of onchain sport prediction markets. These efforts will allow millions of fans worldwide to further support and cheer for their favorite teams and athletes through fair and transparent prediction apps. Chiliz Chain is renowned for its blockchain solutions that transform fan engagement in sports through features like fan…
1 year ago