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 & Ethereum ETFs Set to Debut in Hong Kong on April 30th
Hong Kong’s securities regulatory body, SFC, has approved the launch of Bitcoin and Ethereum ETFs, offering investors a regulated and secure investment option starting April 30th. Approval Announcement The Securities and Futures Commission (SFC) of Hong Kong recently greenlit the trading of the country’s first wave of spot Bitcoin and Ether exchange-traded funds (ETFs), with trading scheduled to commence on April 30th. This approval marks a significant step in the adoption of cryptocurrencies within Hong Kong's financial landscape. The approval…
1 year ago
Top Layer 2 Tokens Set to Displace the DeFi Dominance in 2024
The landscape of decentralized finance is constantly evolving. As the year unfolds, newer contenders are stepping into the spotlight, poised to redefine the future of finance. Surprisingly, a series of emerging protocols are gaining traction, potentially shifting the balance of power in the DeFi sector. These innovative platforms promise enhanced efficiency, and their tokens could emerge as pivotal players. This article delves into the most promising of these protocols that are expected to make significant strides in the coming months.…
1 year ago
Web3 EduTech Platform Banksters Set to Launch Native Token on Trio of Top Crypto Launchpads
[PRESS RELEASE – Bucharest, Romania, April 24th, 2024] Banksters, the innovative EduTech simulator that integrates NFT technology to gamify everyday life experiences, has announced that its upcoming token sale will happen on April 24. Scheduled to take place on three prominent Tier-1 and Tier-2 launchpads – BullPerks, Games Pad, and StormGain – the sale provides retail investors and existing Banksters users with an opportunity to purchase its native token, $BARS. The asset plays a central role within the project’s ecosystem,…
1 year ago
Avalanche, Celestia, and Rebel Satoshi ($RBLZ) Set for Rapid Rebound, Expert Signals Buy Opportunity
TLDR Avalanche plunges 22% in a week, but experts expect it to regain bullish momentum soon. Celestia sheds 9% in a week, but analysts foresee a resurgence by month’s end. Rebel Satoshi’s $RBLZ is set to skyrocket as more investors embrace it and its sister token. Top crypto coins like Avalanche (AVAX) and Celestia (TIA) have bled significantly over the past week. However, experts expect these tokens to experience a resurgence alongside Rebel Satoshi’s $RBLZ token, which has showcased immense…
1 year ago
Solana-Based Memecoin Hipposol is Set on a Moonbound Mission
[PRESS RELEASE – London, United Kingdom, April 23rd, 2024] The crypto market is buzzing with the arrival of Hipposol, a new memecoin launching on the secure and swift Solana blockchain. Hipposol is not just aiming for the stars but is on a mission to the moon. A Journey Beyond the Stars Born in the vast savanna of the digital world, Hipposol is for those who see beyond the meme horizon. The Hipposol, a symbol of wisdom and tenacity, represents every…
1 year ago
Altcoins set for big move
After a fairly extensive correction, the market cap of altcoins is fast recovering. As bitcoin moves back towards its recent all-time high, the altcoins are jockeying for position in order to make their own breakouts. Altcoin market cap in bull flag Source: Coingecko/TradingView As bitcoin works its way back towards the top of its bull flag, the altcoins are doing a similar thing, as the market cap of all cryptocurrencies excluding $BTC (Total 2) traces a path to the top…
1 year ago
‘More Upside Is Coming’: Crypto Market Set For 350% Growth, Predicts Glassnode Cofounders
Negentropic, the official X (formerly Twitter) account of Glassnode’s cofounders, has offered its own bullish sentiment for the crypto market. Glassnode Cofounders: There Would Be A Massive Growth Beyond Recent Corrections According to their analysis, the market, excluding the top 10 cryptocurrencies, known as “OTHERS,” is showing signs of a strong uptrend with the potential for “more upside” growth. This observation amidst increased volatility and uncertainty following the recent Bitcoin Halving event on April 20 reduced miners’ block subsidy rewards from…
1 year ago
Move Over XRP: This Cryptocurrency Is Set to Outperform It in 2024
The crypto market is buzzing as a new contender emerges poised to outperform XRP in 2024. With the bull run picking up pace, investors are keen to learn which cryptocurrency might lead the charge. As eyes shift away from XRP and other familiar names, the potential for significant gains draws attention to an up-and-coming rival. This article unveils the cryptocurrency that could make a major impact in the coming year, enticing both seasoned investors and newcomers looking for opportunities in…
1 year ago
Toncoin (TON) And ETFSwap (ETFS) Set To Outshine Solana (SOL) In The Bull Market
As the best-performing tokens since the start of the year, Toncoin (TON) and ETFSwap (ETFS) have shown that they can outshine Solana (SOL) in this bull market. So far, Solana (SOL) has recorded a year-to-date (YTD) gain of just over 35%, lagging behind Toncoin (TON) and ETFSwap (ETFS), which have both recorded YTD gains of over 200%. Toncoin (TON) and ETFSwap (ETFS) aren’t just expected to outshine Solana (SOL) in this bull run but also outperform Solana’s (SOL) run of…
1 year ago