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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Important for Dogecoin: This Metric Jumps by Almost 100% Amid DOGE Price Rally
TL;DR Dogecoin’s price surged past $0.20, with market cap nearing $30 billion, driven by increased trading volume and active addresses. The rally coincides with speculative whale movements and endorsements from public figures like Elon Musk. Dogecoin (DOGE) – often cited as the first meme coin – currently stands out as one of the market’s best performers. Its price has spiked by over 30% on a weekly scale, surpassing the $0.20 mark for the first time since December 2021. DOGE’s market…
1 year ago
Altcoins to Rally After The Bitcoin Halving: Here’s Why
Bitcoin’s dominance has increased to 52% on some sources after the asset attempted to surpass the $71,000 level but failed, currently just under $70,000 as of Thursday (March 28th). Altcoins have experienced greater retracement, which is evident by the increasing BTC dominance. As CryptoPotato reported, Ethereum (ETH) and other leading altcoins have retraced significantly, taking $50 billion from the cryptocurrency market cap, which fell below $2.8 trillion. While altcoins are bleeding, the Bitcoin halving might decrease the asset’s dominance, according…
1 year ago
XRP Price Enters Pre-Bull Rally Phase: Crypto Analyst Reveals Next Target
The XRP price has largely left many of its enthusiasts feeling dissatisfied during this bull cycle, as it has failed to reach the $1 mark despite the bullish sentiment surrounding cryptocurrencies. However, crypto analyst EGRAG CRYPTO believes a $1 XRP price is still possible in this cycle, as he predicted a price surge in the near term. From this analyst’s technical perspective, recent price action has seen XRP forming a “W” pattern, making it ready for a massive push above…
1 year ago
Experts Back $RECQ Presale Rally While Cardano And XRP Holders Look To Grab The Unique Opportunity For 100x
The post Experts Back $RECQ Presale Rally While Cardano And XRP Holders Look To Grab The Unique Opportunity For 100x appeared first on Coinpedia Fintech News TLDR Experts have expressed their support for $RECQ’s ongoing price rally, making it one of the altcoins to watch. Market gurus predict Cardano (ADA) will see a price increase of 75% in 2024. Analysts believe XRP has gained enough momentum to cross the $1 mark in 2024. Experts in the crypto arena have backed…
1 year ago
Bitcoin and Ether ETNs to Debut on London Stock Exchange in May – Triggers BTC and ETH Price Rally
On May 28, the London Stock Exchange will launch ETNs tracking the price of Bitcoin and Ether, with applicants urged to express interest from April 8. The announcement boosted the price of both cryptos, with BTC soaring past $70,000 for the first time in two weeks as Ether surged over 8% to trade above $3,600. The London Stock Exchange will debut Bitcoin and Ether exchange-traded notes in two months, an announcement that has sparked price rallies for the two largest…
1 year ago
Dogecoin Nears $0.20 Amid Increased Whale Activity: Can the DOGE Price Rally Even More?
TL;DR Dogecoin’s price soared over 35% in a week, outperforming major cryptocurrencies in trading volume. The surge coincides with a substantial DOGE transfer initiated by a mysterious whale. The cryptocurrency market has rebounded in the past week, with Dogecoin (DOGE) among the best performers. Its price has jumped by over 35% on a 7-day scale, reaching almost $0.20. DOGE Price, Source: CoinGecko Additionally, DOGE surpassed several rivals on different fronts. For example, the trading volume generated by the biggest meme…
1 year ago
Crypto Analyst Predicts XRP Price Will Rally 800% To $6, Here’s When
The XRP price continues to disappoint investors who expect that it would’ve crossed $1 by now since Ripple’s battle with the United States Securities and Exchange Commission (SEC) is nearing its end. However, this has not discouraged investors and traders who believe that there are big things in store for the altcoin. Crypto Analyst Predicts XRP Will Reach $6 Pseudonymous crypto analyst Mikybull has been bullish on the XRP price for a long time, taking to X (formerly Twitter) to,…
1 year ago
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RallyWorldcoin (WLD) 12% Rally Hits A Snag: Portugal Demands Halt To Biometric Data Collection
In a recent development, Portugal’s data regulator, the National Commission for the Protection of Data, also known as the CNPD, has issued an order to stop Sam Altman’s iris scanning project, Worldcoin, from collecting biometric data for 90 days. Worldcoin’s Compliance Under Fire According to a Reuters report, the CNPD’s suspension specifically targets the Worldcoin Foundation, a memberless entity based in the Cayman Islands, described on its website as the sole member and director of World Assets Ltd, a company…
1 year ago
Peter Schiff Critiques Bitcoin ETFs, Crypto Enthusiasts Rally Around Competing Celestia Project
In the buzzing hive of the crypto world, where opinions clash like titans under the digital sky, Peter Schiff’s latest critique of Bitcoin ETFs has sparked a wildfire of discourse. Known for his gold bug persona and skepticism towards cryptocurrencies, Schiff’s recent take on Bitcoin ETFs has ignited a conversation that’s drawing attention from every corner of the crypto universe. Meanwhile, a beacon of innovation shines through the debate: Borroe Finance ($ROE), a project built on the Polygon blockchain, is…
1 year ago