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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DeFi Market Set To Hit Over $48B By 2032; These Three DeFi Are Top Contributors
According to recent projections from experts and crypto informants, the Decentralized Finance (DeFi) market is on a remarkable growth trajectory, reflecting its expanding influence and adoption across the globe. The DeFi market was valued at $22 billion in 2022 and $23.99 billion in 2023. However, recent updates point to the possibility of the market soaring to an impressive $48.02 billion by 2031, boasting a compound annual growth rate (CAGR) of 9.06% over the forecast period from 2024 to 2031. In…
11 months ago
BNB Chain’s BC Fusion Second Sunset Fork Set for July 14, 2024
Dubai, UAE, July 10th, 2024, Chainwire Users must migrate staked BNB to BSC by July 14. If not, staked BNB will be automatically unstaked and returned to accounts within two weeks. Users should migrate BNB and BEP2 assets to BSC by August 15 to prevent immovable funds and a complex recovery process. BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, has issued a reminder about the upcoming Beacon Chain (BC) Fusion Second Sunset Fork,…
11 months ago
Bitcoin Slumps, but These Under-the-Radar Cryptos Are Set to Break Records
The post Bitcoin Slumps, but These Under-the-Radar Cryptos Are Set to Break Records appeared first on Coinpedia Fintech News The crypto market is unusually quiet, hinting at the calm before the storm. Predictions of an impending bull run have eyes fixed on Bitcoin, yet its recent slump has left many questioning its dominance. Amidst this lull, a few lesser-known altcoins are quietly poised for unprecedented growth. These under-the-radar cryptocurrencies remain at low prices, but experts suggest they are ready to…
11 months ago
XRP Price Set For Comeback: Breaking This Resistance Could Trigger Recovery
XRP price is consolidating above the $0.420 support zone. The price could gain bullish momentum if there is a move above the $0.440 and $0.4450 resistance levels. XRP price is attempting a recovery wave above the $0.4220 zone. The price is now trading above $0.430 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $0.4370 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a decent…
11 months ago
Saga Coin Price Set To Explode As GameFi Heats Up – Is PlayDoge Next?
The GameFi sector is on the verge of a breakout. With the Bitcoin price rapidly making a recovery, an altcoin bull run is on the horizon. Experts believe that GameFi, along with meme coins and AI tokens could be the top-performing sectors over the coming months. Popular gaming cryptocurrency Saga is one that investors are eyeing for a potential breakout. It has rallied nearly 47% since hitting a bottom last week, despite the bearish broader market outlook. Meanwhile, experts are…
11 months ago
Ethereum Set for Extremely Bullish July; Ripple and KangaMoon Ready To Catapult To New Heights
After a predominantly quiet second quarter, a top crypto analyst, Captain Faibik has shared a chart that suggests that Ethereum (ETH) is looking extremely bullish for July. According to Faibik’s analysis, ETH has the tendency to rise above $4,000 this month. Amonyx has also expressed a very positive sentiment on Ripple (XRP) arguing that the crypto has broken through the triangle pattern and is on its way to hit a new ATH. KangaMoon, one of the most bullish altcoins this…
11 months ago
Discover 3 Hot Altcoins Under $1 Set to Pump on Coinbase!
The post Discover 3 Hot Altcoins Under $1 Set to Pump on Coinbase! appeared first on Coinpedia Fintech News Bitcoin reached a new all time high in 2024. However, as always, altcoins didn’t quite keep up. This time, meme coins stole the spotlight. While meme coins brought great profits to investors, altcoins have been sluggish. Yet, there are three altcoins that could pump with the help of Coinbase. Two of these tokens are currently under half a dollar. Blast Just…
11 months ago
Buying The Dip: Ethereum, Solana, Binance Coin and Furrever Token Launch is Set
The post Buying The Dip: Ethereum, Solana, Binance Coin and Furrever Token Launch is Set appeared first on Coinpedia Fintech News The cryptocurrency advertise is energetic and ever-evolving, with certain tokens standing out due to their special advancements and promising prospects. As we move through 2024, Ethereum, Solana, Binance Coin and Furrever Token rise as must-watch cryptos, each advertising unmistakable focal points and openings for financial specialists. The Best Opportunity: Ethereum Faces Strong Dip Ethereum is additionally another notable crypto…
11 months ago
Voyage to the West: Midas Labs’ Revolutionary Platform Set to Transform Indie Gaming
The post Voyage to the West: Midas Labs’ Revolutionary Platform Set to Transform Indie Gaming appeared first on Coinpedia Fintech News In a significant development for the gaming industry, Midas Labs has unveiled its latest venture, “Voyage to the West,” a platform designed for Community-building by Midas to revolutionize how independent game developers connect with global audiences. This new initiative aims to create a vibrant, inclusive ecosystem that not only empowers smaller gaming studios but also enhances player experiences through…
11 months ago