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…
Tokens
Astar Foundation Proposed Burning 350M ASTR Tokens
The post Astar Foundation Proposed Burning 350M ASTR Tokens appeared first on Coinpedia Fintech News In a significant initiative, the Astar Foundation has proposed burning a whopping $31+ million worth of ASTR tokens. The proposal refers to the 350 million ASTR reserved for Polkadot’s well-known parachain slot auction. Voting on the proposal will take place after three weeks of community discussion. The proposal does clarify the potential advantages of approval. Burning the reserve could benefit ASTR holders by decreasing the…
1 year ago
Solana Launches Record 455K Tokens In May
The post Solana Launches Record 455K Tokens In May appeared first on Coinpedia Fintech News Solana has witnessed a remarkable creation of 455k tokens in May, surpassing other blockchains like Ethereum Layer 2 Base and BNB Chain. The surge was largely driven by meme coins, with Dogwifhat, Bonk, and Book of Meme drawing significant attention. Platforms like Pumpdotfun have simplified token creation on Solana enabling anyone to launch tokens in seconds. Political meme coins and celebrity endorsements, such as those…
1 year ago
Elon Musk And Donald Trump Discuss Crypto Policy, Which Tokens Could Benefit The Most?
Republican presidential candidate Donald Trump and billionaire Elon Musk reportedly discussed crypto policy, much to the pleasant surprise of investors. The news came on the heels of reports that Musk could receive an advisory role in the Trump administration if the former president were to be re-elected. While Elon rejected the claims of discussing crypto policy with Trump, he did praise the industry, claiming that it has the potential to shift the power to the people. Musk also did not…
1 year ago
Solana’s $500 Target & Ethereum’s NFT Decline: How Furrever Token’s 25% Bonus Can Boost Your Portfolio!
The post Solana’s $500 Target & Ethereum’s NFT Decline: How Furrever Token’s 25% Bonus Can Boost Your Portfolio! appeared first on Coinpedia Fintech News With Solana poised for a potential climb to $500 and Ethereum facing challenges with declining NFT sales, investors seek new avenues for maximizing profits. Enter Furrever Token, a charming newcomer to the crypto space offering both allure and substantial returns. With an exclusive 25% bonus on new purchases, Furrever Token is positioned to enhance your portfolio…
1 year ago
Upcoming Crypto For 10x Gains: 6 High-Potential Tokens To Vouch On
The post Upcoming Crypto For 10x Gains: 6 High-Potential Tokens To Vouch On appeared first on Coinpedia Fintech News Despite the anticipation that after Bitcoin (BTC) halving and the approval of spot Ethereum ETF by the Securities Exchange Commission (SEC) crypto market, the crypto market is still in a bearish sentiment. This has led investors and traders to look for new cryptocurrency projects or coins to invest in that could make them millionaires. While the market is known for its…
1 year ago
Ethereum Targets $4K, Shiba Inu Set to Surge: Why Furrever Token’s 25% Bonus is a Game Changer?
The post Ethereum Targets $4K, Shiba Inu Set to Surge: Why Furrever Token’s 25% Bonus is a Game Changer? appeared first on Coinpedia Fintech News As the cryptocurrency market continues to evolve, three tokens are making headlines: Ethereum, Shiba Inu, and Furrever Token. Each of these tokens presents unique opportunities and challenges, making them essential considerations for any savvy investor. In this article, we will explore Ethereum’s potential to break the $4K mark, Shiba Inu’s bullish outlook, and how Furrever…
1 year ago
Massive Crypto Whale Moves Billion From Bitcoin (BTC) Into These Ethereum Tokens
The post Massive Crypto Whale Moves Billion From Bitcoin (BTC) Into These Ethereum Tokens appeared first on Coinpedia Fintech News The crypto market is experiencing renewed momentum, fueled by a resurgence in Bitcoin whale activity. Recent data reveals an increase in Bitcoin trading activity by large investors, signalling a potential shift in market sentiment. This renewed interest isn’t limited to Bitcoin. Ethereum tokens are also witnessing increased crypto whale activity, with a notable case being a large transfer of Bitcoin…
1 year ago
Cryptocurrency Market Enters A Consolidated Phase As Top Tokens Record A Neutral Trend This Week!
The post Cryptocurrency Market Enters A Consolidated Phase As Top Tokens Record A Neutral Trend This Week! appeared first on Coinpedia Fintech News The market leader, Bitcoin price, has continued to hover close to its support of the $68,000 mark by recording a price fluctuation of +1.25% over the past seven days. Moreover, the Ethereum token has followed in the footsteps and displayed a similar price action by losing 1.07% this week. Furthermore, the memecoin category has recorded a strong…
1 year ago
XRP Whale Dumps 50M Tokens: Market Speculates on Future Price
XRP whales dump 50 million tokens, sparking market speculation. Analysts maintain a bullish outlook despite bearish trends. The cryptocurrency market is still paying attention to the Ripple Labs crypto, XRP. The cryptocurrency is now valued at $0.5277 on CoinMarketCap, slightly up 0.19% over the last day. Having fallen 1.28% in the previous week, it is still in a bearish position nonetheless. Traders and investors in the cryptocurrency industry are speculating a lot about its future price trajectory because of this…
1 year ago