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
NEAR Price Rally: 9% Surge Recaptures Key Level, Records 160% TVL Growth In Q1
Decentralized application (dApp) platform Near Protocol exhibited notable growth in key metrics during the first quarter (Q1) of 2024, driving its native token NEAR to reclaim a crucial key level and paving the way for a potential retest of its all-time high (ATH) from January 2022. According to a recent report by Messari, NEAR experienced significant increases in market capitalization, revenue, active addresses, and Total Value Locked (TVL), solidifying its position among the top players in the cryptocurrency market. NEAR…
1 year ago
Bearish Impact Escalating over the BTC Price Rally, Is Bitcoin in the Middle of a 50% Capitulation?
The post Bearish Impact Escalating over the BTC Price Rally, Is Bitcoin in the Middle of a 50% Capitulation? appeared first on Coinpedia Fintech News Bitcoin has been hovering within a pre-determined range ever since the token failed to march above the newly formed highs. This appears to have negatively impacted the bullish momentum, as the prices have maintained a steep bearish trend. Moreover, whenever the crypto tries hard to print a huge bullish candle, the bears jump in no…
1 year ago
Dogecoin Price Prediction: Is a Massive DOGE Price Rally in the Making?
TL;DR DOGE spikes approximately 15% weekly, nearing $0.17, as analysts predict a bullish trajectory fueled by breaking multi-year resistance and increased transaction volume. Some foresee DOGE’s potential to reach $1, drawing parallels to previous price corrections followed by significant surges. DOGE Enters a New Bullish Trend? The revival of the cryptocurrency market has been more than evident in the past few days, with Bitcoin (BTC) reclaiming the $64,000 mark and Ethereum (ETH) climbing above $3,100. However, one digital asset witnessed even…
1 year ago
Top Altcoins With High Relief Rally Chances Next Week
The post Top Altcoins With High Relief Rally Chances Next Week appeared first on Coinpedia Fintech News As Bitcoin reclaims the $60,000 and sustains a rally above $63,000, the rising volumes support the uptrend chances. Amidst this sharp and surprising recovery of Bitcoin, altcoins siphon the increased market optimism to amplify the bull run. With multiple coins giving double-digit returns in a day, the relief rally spreads like wildfire. Under such market conditions, we bring you a list of top…
1 year ago
Coinbase Exceeds Revenue Expectations in Q1 Thanks to Bitcoin Rally
In the first quarter of 2024, Coinbase reported a staggering $1.6 billion in revenue, marking a significant increase from $772 million in the same period the previous year. Coinbase’s first-quarter earnings report also revealed a significant uptick in insider selling, with multiple executives Coinbase, the leading cryptocurrency exchange in the United States, has announced record-breaking first-quarter revenue, surpassing analyst expectations and demonstrating the company’s resilience amid a booming crypto market. In the first quarter of 2024, Coinbase reported a staggering…
1 year ago
Ethereum (ETH) and Shiba Inu (SHIB) Rally Signals Recovery as Furrever Token (FURR) Unveiling $10,000 Competition
The post Ethereum (ETH) and Shiba Inu (SHIB) Rally Signals Recovery as Furrever Token (FURR) Unveiling $10,000 Competition appeared first on Coinpedia Fintech News In a whirlwind of activity within the cryptocurrency market, Ethereum (ETH) and Shiba Inu (SHIB) have both emerged with promising signs of recovery, igniting optimism among investors. As these established tokens chart a course towards renewed growth, another contender, Furrever Token (FURR), has captured attention by surpassing a significant milestone. Having soared past the $1 million…
1 year ago
Will Altcoins Rally in May? How to Gear Up!
Many are curious if smaller cryptocurrencies, often referred to as altcoins, are set for a significant rise in value come May. This anticipation ties closely into the ongoing bull run that's sweeping through the crypto market in 2024. As investors and enthusiasts look ahead, it's crucial to understand which factors could propel these coins upward and how one might effectively prepare for potential upcoming movements. The following article provides insight into the expected trends and equips readers with knowledge on…
1 year ago
Bitcoin Back Above $63,000: Will FOMO Fuel Another Rally Or Lead To A Bust?
The Bitcoin price made a strong comeback on Friday after witnessing a significant amount of bearish pressure throughout the past week. On Wednesday, May 1, the premier cryptocurrency fell below the $60,000 mark for the first time in almost two months. On Friday, May 3, the price of BTC recovered above the $60,000 level, going as high as $63,000 in the past day. However, the question is – can the Bitcoin price enjoy a sustained rally following this latest resurgence?…
1 year ago
Are XRP Bulls Gearing up for a Rally Following Reclaim of $0.52? (Ripple Price Analysis)
Ripple’s price has been consolidating on against USDT and BTC, following a significant decline. Yet, things might be about to change for the better soon. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, XRP has recently rebounded from the $0.4 support level and has also broken back above the $0.5 zone. Yet, the market is currently retesting the $0.5 level. If it holds, the price will likely rally toward the $0.6 resistance zone and the 200-day moving average,…
1 year ago