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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Ubisoft Set to Revolutionize Web3 Gaming with Champions Tactics: Grimoria Chronicles
Ubisoft, a renowned global leader in video game development, has announced its much-awaited entry into the web3 gaming world with the launch of its first web3 game, Champions Tactics: Grimoria Chronicles which is scheduled for release on October 23. The game is set to debut on Oasys’ Layer-2 network, HOME verse. Almost a year after its first announcement of the project, Ubisoft has finally set the stage for its first web3-integrated game, Champions Tactics: Grimoria Chronicles. The game invites players…
8 months ago
Crypto Investors Flocking To Cutoshi (CUTO), The Ethereum-Based Utility Memecoin Set To Rival Dogecoin (DOGE)
As many crypto investors continue to look out for the next big prospect to yield massive returns on their investments, analysts identify Cutoshi as a promising coin that could achieve this feat causing investors to flock to this revolutionary token. Moreover, with its utility-centric focus and community-based nature, Cutoshi is unlike the other memecoins in the market. While Dogecoin currently maintains its position as the biggest memecoin in the market by market capitalization, the long-term focus of Cutoshi gives it…
8 months ago
XRP Price Set To Soar Past $5.85, Predicts Crypto Analyst
Crypto analyst Dark Defender (@DefendDark) has issued a bullish forecast for XRP, projecting a price surge above $5.85 based on a confluence of technical indicators and chart patterns. Despite recent market stagnation, the analyst highlights several key factors—including the application of Elliott Wave theory—that suggest a significant upward movement is imminent. Why XRP Looks Still ‘Super Bullish’ According to Dark Defender, the XRP price is currently determined by three trend lines. Two of these trend lines form a symmetrical triangle…
8 months ago
Leading Stablecoin Issuers & Crypto Firms Embrace International Set Of Stablecoin Standards
London, United Kingdom, October 9th, 2024, Chainwire Stablecoin Standard’s newly introduced set of global standards receives endorsement from a number of stablecoin issuers, including GMO-Z.com Trust Company (‘GMO Trust’), StraitsX and BiLira, that offer G10 currencies including JPY, SGD, TRY & USDStandards also endorsed by top ecosystem participants including Fireblocks, Solana, Bitstamp, Zodia Markets and JST Digital Stablecoin Standard, the industry body for stablecoin issuers globally, today announced that their recently unveiled set of global standards for stablecoin issuers have…
8 months ago
Shiba Inu Price Set To Rally Over 2430% To $0.000047 As Trend Oscillator Turns Bullish
The price of Shiba Inu might be currently declining, but an analyst says the meme coin is gearing up for a bullish run as it is currently flashing a buy signal. According to Cantonese Cat, SHIB is now flashing a strong buy signal based on the L3 Banker Fund Flow Trend Oscillator, a relatively lesser-known indicator. In a detailed breakdown shared via a YouTube video, Cantonese Cat explored SHIB’s recent price action in conjunction with this oscillator, revealing that it…
8 months ago
Bitcoin ETF Options Set To Supercharge Price Volatility, Expert Warns
The Bitcoin price volatility is likely to surge in both directions following the recent approval of options for spot Bitcoin ETFs, according to Jeff Park, head of Alpha Strategies at Bitwise Investments. In an interview with Anthony Pompliano, Park explained how these newly available options differ from existing crypto derivatives and why they could significantly impact the Bitcoin market dynamics. Why Bitcoin ETF Options Are A Game Changer Park outlined a comprehensive thesis in the interview, noting, “Volatility is not…
8 months ago
Market Crash? These Undervalued Gems Are Set to Defy the Downtrend and Deliver 20x Returns
When the market shakes and prices tumble, certain underrated digital currencies rise to the occasion. This article reveals a selection of overlooked crypto assets poised for significant gains. Despite the downturn, these hidden treasures show signs of impressive potential. Join the journey to uncover which tokens could soar, defying the broader market trend. CYBRO Presale Approaching $3 Million Milestone: A Top Opportunity for Investors CYBRO is a cutting-edge aggregator platform designed to optimize crypto earnings on the Blast blockchain, offering…
8 months ago
FTX Bankruptcy Plan Receives Court Approval With Customers Set To Get Back Billions
US Bankruptcy Judge John Dorsey has given the green light to FTX’s bankruptcy plan, which will see customers receive billions as the bankruptcy proceeding nears its conclusion. The approved bankruptcy plan will give former FTX customers a full refund, along with interest, a rare outcome in bankruptcy cases where unsecured creditors usually receive a fraction of what they are owed. FTX Bankruptcy Plan Receives Court Approval The judge approved the bankruptcy plan during a hearing in Wilmington, Delaware. The plan…
8 months ago
DTX Exchange (DTX) Set For A High-Profit Run Against Market Favorites Dogecoin And Solana
Several analysts have tipped Dogecoin (DOGE) and Solana (SOL) for long-term bullish trends. They are clearly market favorites, and despite their declining prices, these top altcoins still hold sway in the market. Meanwhile, DTX Exchange (DTX) is one of the new projects looking to upset even the market favorites this year. The project will feature the very best of DeFi, and its little wonder traders are all over the DTX presale. Read on for further details! Dogecoin: Meme Favorite Fallen…
8 months ago