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…
Rally
BTC Gets $80,000 Price Tag From Binance CEO; Spot Bitcoin ETFs To Drive Rally
The post BTC Gets $80,000 Price Tag From Binance CEO; Spot Bitcoin ETFs To Drive Rally appeared first on Coinpedia Fintech News Binance Chief Executive Officer (CEO), Richard Teng, has given BTC an $80,000 price tag, underscoring the token’s significant growth potential driven by Spot Bitcoin ETFs. Amidst this bullish prediction, ETFSwap (ETFS), an innovative crypto and ETF trading platform, has been projected to soar 108X amid the rising demand for Spot Bitcoin ETFs. Investors Flock To ETFSwap (ETFS) Presale…
12 months ago
Survival of the Fittest: Here’s How Bitcoin’s Next Rally Hangs on Miner Capitulation
Amidst a backdrop of declining Bitcoin prices and economic uncertainty, renowned crypto analyst Willy Woo has offered a forecast that suggests a complex road ahead for BTC, with potential gains on the horizon after some ‘inevitable’ turbulence. Bitcoin Rally Hangs On Miner Capitulation, How? Bitcoin’s current market behavior is largely influenced by its miners, whose actions can significantly impact its price. According to Willy Woo, the key to understanding when Bitcoin might start its recovery lies in observing miner capitulation…
12 months ago
Investors Rush To New Solana Meme Coin Poised for 20x Rally As Ordi and Pepe Continue To Battle The Bear Trend
Amid the current market downturn which has pushed top meme coins downwards, investors are migrating to the new Solana meme coin, which has been backed to witness massive rallies very soon. Angry Pepe Fork (APORK), as it is called, is not just a meme coin. It is a project built for the community with various reward mechanisms put in place. Its Conquer to Earn model is seen as one of the best in the market. With Ordi and Pepe battling…
12 months ago
Everything Looks Well for Ethereum, Solana and Binance Coin; Altcoin Rally Soon?
The post Everything Looks Well for Ethereum, Solana and Binance Coin; Altcoin Rally Soon? appeared first on Coinpedia Fintech News Jason Pizzino recently explained in detail that the market is in a stealth zone, showing signs of a significant low. During these stealth periods, he said that fear increases, and market interest drops, leading to smaller range bars after initial scares. Despite possible future scares, key levels like the 50% mark are holding, with lows staying slightly higher. This suggests…
12 months ago
Here’s a List of Top Altcoins That Will Lead the ‘Recovery Rally’
The post Here’s a List of Top Altcoins That Will Lead the ‘Recovery Rally’ appeared first on Coinpedia Fintech News Popular analyst Jason Pizzino took to his latest analysis and suggested taking a closer look at some altcoins. In recent days, there have been signs indicating the presence of a significant low or nearing one. He pointed out that similar discussions about significant lows took place in June 2022. Interestingly, two years later, there is another period of increased volatility…
12 months ago
Dogecoin Enters Final Stage Of Consolidation, Analyst Predicts 6,150% Rally To $7.5
Crypto analyst Trader Tardigrade has provided insights into the Dogecoin (DOGE) future trajectory. Based on his analysis, the foremost meme coin could soon enjoy a god candle, sending its price to unprecedented heights. Dogecoin’s Massive Rally Will Send It To $7.5 Trader Tardigrade predicted in an X (formerly Twitter) post that Dogecoin will rise to as high as $7.5 when it makes its “huge surge.” He made this prediction while revealing that the meme coin had formed a triangle consolidation,…
12 months ago
Ethereum Predicted To Surge 50% Against Bitcoin In 2024, Solana And BNB Fail To Rally
The post Ethereum Predicted To Surge 50% Against Bitcoin In 2024, Solana And BNB Fail To Rally appeared first on Coinpedia Fintech News Crypto analyst Wolf recently suggested that Ethereum (ETH) could record a 50% price increase against its Bitcoin (BTC) pair. In the meantime, Solana (SOL) and Binance Coin (BNB) have failed to rally despite some other altcoins enjoying a price rebound. Meanwhile, ETFSwap (ETFS) is poised for a 100x price gain as the crypto project continues to gain…
12 months ago
Cardano And XRP Shorting Activity Could Act As ‘Rocket Fuel’ For A Rally; Santiment
On-chain analytics platform Santiment has outlined a factor that could contribute to Cardano (ADA) and XRP enjoying further moves to the upside. Both tokens recorded relief pumps following the recent decline in the crypto market, but market traders believe this development is far from a bullish reversal. Heavy Trader Shorting Could Lead To Price Rises For Cardano And XRP Santiment claimed in an X (formerly Twitter) post that the heavy trader shorting which Cardano and XRP are currently seeing could…
12 months ago
SEC Drama Fuels XRP Rally: Open Interest Skyrockets
The cryptocurrency XRP is making waves as open interest (OI) for the token experiences a dramatic rise. This surge in investor positioning coincides with the ongoing legal battle between Ripple Labs, the company behind XRP, and the US Securities and Exchange Commission (SEC). Bullish Bets On The Horizon Cryptocurrency analysis platform CryptoQuant detected a significant increase in XRP’s open interest, indicating a growing number of investors entering positions. This trend suggests a bullish sentiment, with investors betting on a potential…
12 months ago