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
Is Bitcoin’s Rally Over? Leverage Drops As Halving Highs Fade: Report
Recent trends in the crypto market have indicated a notable shift in trader behavior, particularly among those investing in Bitcoin. Using data from CryptoQuant, Bloomberg has revealed that the Bitcoin funding rate—the cost for traders to open long positions in Bitcoin’s perpetual futures—has turned negative for the first time since October 2023. This change suggests a “cooling interest” in leveraging bullish bets on Bitcoin, coinciding with the fading impact of major market drivers. Bitcoin Market Dynamics Post-Halving The decline in…
1 year ago
How a Layer-2 Solution Secured $4.6 Million in Funding and Outperformed Solana (SOL) with a 600% Rally
The post How a Layer-2 Solution Secured $4.6 Million in Funding and Outperformed Solana (SOL) with a 600% Rally appeared first on Coinpedia Fintech News Option2Trade (O2T)’s successful presale and subsequent market performance are not just wins for the project but for the blockchain community as a whole. As Option2Trade (O2T) continues to develop and deploy its Layer-2 solutions, it sets new standards for what is possible in the crypto space, challenging existing platforms like Solana (SOL) to evolve or…
1 year ago
Bitcoin Halving Marks Digital Scarcity Era, Market Anticipates Strong Rally for Hedera Competitor
The crypto world is about to witness a game-changer as Bitcoin completed its halving event. This milestone is set to shake things up, making the king of cryptocurrencies even more scarce than ever before. But while all eyes are on Bitcoin, there’s another player that’s quietly making moves in the background – Borroe Finance ($ROE), the new Hedera competitor that’s got everyone buzzing. The Halving Hype So, what’s the deal with the Bitcoin halving? In simple terms, it’s when the…
1 year ago
Bitcoin (BTC) Price to Consolidate Longer Before a Parabolic Rally: Here’s Why
The post Bitcoin (BTC) Price to Consolidate Longer Before a Parabolic Rally: Here’s Why appeared first on Coinpedia Fintech News Five days after the fourth Bitcoin (BTC) halving, the flagship coin is still trapped inside a horizontal range between $60,000 and $74,000. Bitcoin’s price has been grinding higher in the past two weeks, trading at about $66,377 on Wednesday during the mid-London session. The trading instrument has established a solid support level of around $64,903, which could hold in a…
1 year ago
PEPE Price on the Verge of a 3x Rally: Here Are the Potential High Levels
The post PEPE Price on the Verge of a 3x Rally: Here Are the Potential High Levels appeared first on Coinpedia Fintech News Leading frog-themed meme coin, Pepe (PEPE) rallied more than 17 percent on Tuesday during the early New York session to trade around $0.00000773. The mid-cap meme coin, with a fully diluted valuation of around $3.25 billion at the time of this report, recorded a 40 percent spike in trading volume in the past 24 hours. Why Is…
1 year ago
Ethereum Price Holds Support – Why ETH Could Soon Rally 5%
Ethereum price is holding gains above the $3,120 resistance zone. ETH could soon rally if it clears the $3,280 resistance zone. Ethereum extended its increase above the $3,220 resistance zone. The price is trading above $3,165 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,170 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $3,280 resistance zone. Ethereum Price…
1 year ago
Need the Next WIF? Here Are 3 Coins With Potential for a Price Rally
● Dogwifhat (WIF) has been rated a good crypto to buy following some major developments. ● Experts predict significant gains for Floki (FLOKI) despite a recent 40.57% dip. ● Analysts are optimistic that Bonk (BONK) is on course to begin a bullish run. ● Rebel Satoshi ($RBLZ) is now live on select Decentralized Exchanges (DEXs), improving its investment potential. Recent analysis from top market experts suggests that Rebel Satoshi’s $RBLZ is on course to reward major investors with significant returns,…
1 year ago
Cardano Billionaire Who Bought ADA In 2017 Says Don’t Miss ETFSwap (ETFS) 10,000% Rally To $1
The post Cardano Billionaire Who Bought ADA In 2017 Says Don’t Miss ETFSwap (ETFS) 10,000% Rally To $1 appeared first on Coinpedia Fintech News Since the market became widely known, success stories have become a norm, as millions of investors who were ordinary citizens hit it big by making the right investment at the right time. Among these stories is a noteworthy scenario of several curious individuals taking a chance on Cardano (ADA) by investing in the token following its…
1 year ago
Uniswap (UNI) Poised for Rally Post-Bitcoin Halving, On-Chain Data Suggests
Uniswap is in recovery mode as Bitcoin Halving ushered in a bullish sentiment. The exchange and underlying token have seen an impressive upsurge in volume and price respectively. Uniswap (UNI), a leading player in the Decentralized Finance (DeFi) ecosystem is showing bullish signs in the aftermath of Bitcoin’s (BTC) recent halving event. According to on-chain data from SpotOnChain, a whale was seen withdrawing a large amount of UNI from Binance exchange. Whale Activity Surges on Uniswap Per the details, the…
1 year ago