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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Bitcoin (BTC) sideways price action set to continue
Bitcoin (BTC) closed the week above $58,000. Late summer months are usually not easy for the bulls, therefore look for $BTC to continue to chop sideways, at least for this coming week. More sideways price action After a great recovery last week, following the yen carry trade sell-off, the end of the week saw the $BTC price head lower again, and the weekend also contributed to further sell-offs in price, which has brought $BTC back down to the $58,000 level.…
10 months ago
$350M Ether Set for Withdrawal, Can Mpeppe (MPEPE) Expect to Benefit from Market Movements?
A substantial shift in the cryptocurrency landscape is on the horizon with approximately $350 million worth of Ether (ETH) set for withdrawal. This significant movement of funds has captured the attention of investors and analysts alike, raising questions about its impact on the Ethereum (ETH) ecosystem and its associated projects. As the crypto community watches closely, there’s growing speculation about how this shift might influence emerging cryptocurrencies such as Mpeppe (MPEPE). How Mpeppe (MPEPE) Is Positioned to Leverage Ethereum (ETH)…
10 months ago
Toncoin (TON), Rollblock (RBLK), and Kaspa (KAS); 3 Newer Cryptocurrencies Set To Mint Millionaires This Bull Run
Three cryptocurrencies, Toncoin, Kaspa, and Rollblock have been gaining investor attention due to their recent gains and positive momentum. Kaspa and Toncoin are more established, but both have already experienced significant gains in the last year. Meanwhile, Rollblock is only in its presale stage but has already attracted over 8,000 investors and raised $2 million. Toncoin Surges with 14.28% 24-Hour Gain Toncoin is one of the newer cryptocurrencies, and in the last year, Toncoin’s price has increased by 391.88%. Experts…
10 months ago
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SETHusky Inu ($HINU) Set for Explosive Run in 2024
Husky Inu ($HINU), the newest memecoin sensation from the Solana blockchain, is making headlines for its tremendous presale success and appears set for an explosive run this year. Memecoins have seen tremendous growth over the past year, awarding investors handsomely. Husky Inu ($HINU), one of the latest memecoins projects to grace the crypto world, looks ready for immense growth this year. When life gives you a bull, dress up and ride it to the top! ?$HINU #HuskyInu pic.twitter.com/vnjtL6ONdF — Husky…
10 months ago
Bitcoin Set For Critical Price Resistance Encounter – Analyst
The price of Bitcoin has continued to maintain an impressive recovery trajectory following an earlier dip in the week, which saw the asset trade below the $50,000 price mark. The crypto market leader was greatly affected by a widespread decline in the global financial markets, losing over 16% of its market value, due to fears of a potential recession in the US, among other factors. However, as Bitcoin now hovers around $60,000, market experts and analysts have continued to roll…
10 months ago
Crypto Market Prediction: Bitcoin Set to EXPLODE, Analyst Predicts “Crazy” New All-Time High
The post Crypto Market Prediction: Bitcoin Set to EXPLODE, Analyst Predicts “Crazy” New All-Time High appeared first on Coinpedia Fintech News Bitcoin has ignited a fresh wave of excitement in the cryptocurrency market, surging past the $60,000 mark and briefly touching $62,600. This 25% rally in just over three days has caught investors and analysts off guard, especially after Bitcoin’s recent volatility. What’s driving this sudden price explosion? And is this just the beginning of a new bull run? Read…
10 months ago
Crypto Analyst Identifies Mid-Cap Altcoin Set To Surge 1,100%
Crypto analyst Javon Marks has identified a mid-cap altcoin that can potentially make significant gains in this bull run. Based on his analysis, a 1,100% price surge is already in the works for this altcoin. JASMY To Surge By Over 1,100% Marks predicted in an X (formerly Twitter) post that JASMY will surge by over 1,100% soon enough. The analyst was confident about the altcoin enjoying such a price rally, noting how every pullback for JASMY since its breakout has…
10 months ago
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SETHamster Kombat Delivers Big: New Games and $HMSTR Set to Skyrocket!
The post Hamster Kombat Delivers Big: New Games and $HMSTR Set to Skyrocket! appeared first on Coinpedia Fintech News Hamster Kombat has become a renowned name in crypto mobile gaming. The hamster community now has over 300 million members. Just a week after releasing its updated whitepaper, the team has started delivering on their promise. On 06 August, they launched 3 more new mini-games inside their tap to earn game, These games blend Web2 and Web3 experiences. The Twitter Announcement…
10 months ago
Solana Surges Over 14%, Reclaiming $135: Has the Stage Set for a Full SOL Price Recovery?
The post Solana Surges Over 14%, Reclaiming $135: Has the Stage Set for a Full SOL Price Recovery? appeared first on Coinpedia Fintech News The crypto markets have been shaken by the recent collapse but some of them are using this as a strong buying opportunity. As a result, Bitcoin quickly recovered above $55,000, which has initiated a strong ascending trend among some altcoins, including Solana. Solana has been demonstrating acute strength since the beginning and hence, with a slight…
10 months ago