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 Transfers Simplified: TON Foundation Introduces Teleport BTC Bridge
TON Foundation has unveiled “TON Teleport BTC,” a bridge that enables seamless Bitcoin transfers to TON Blockchain. This new feature will enhance Bitcoin’s utility by integrating it with TON’s scalable and secure network. Unlocking Bitcoin’s Potential on TON: The Power of Teleport BTC TON Teleport is a new infrastructure project within TON ecosystem that allows users to transfer BTC between the Bitcoin blockchain and TON without central intermediaries. Each BTC on TON is fully backed by actual Bitcoin and secured…
11 months ago
Crypto Price Analysis 7-24 BTC, ETH, SOL, UNI, TON, WIF, SEI
Bitcoin (BTC) fell below the crucial $66,000 mark on Tuesday as markets prepared for a short-term correction. However, the long-term prediction for BTC and other altcoins remains bullish. Signs are pointing to investors buying the dip, but analysts believe the markets are in for a volatile week. In another significant development, spot Ethereum ETFs posted net inflows of $107 million on their first day. The newly launched ETFs posted positive inflows despite Grayscale’s Ethereum Trust posting outflows worth $485 million. …
11 months ago
TON Blockchain and Animoca Brands’ Mocaverse Announce Strategic Alliance
The post TON Blockchain and Animoca Brands’ Mocaverse Announce Strategic Alliance appeared first on Coinpedia Fintech News TON Blockchain has announced a strategic alliance with Animoca Brands’ Mocaverse and the MOCA Foundation, which aims to create one of the largest interoperable consumer networks in the cryptocurrency space. This merger creates a potential reach of over 1.6 billion users, significantly expanding the scope and influence of both platforms. The collaboration includes a substantial financial commitment, with a token swap agreement valued…
11 months ago
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TONHere is What to Expect from Notcoin (NOT), Toncoin (TON) and Mantle (MNT) Prices During the Weekend
The post Here is What to Expect from Notcoin (NOT), Toncoin (TON) and Mantle (MNT) Prices During the Weekend appeared first on Coinpedia Fintech News Notcoin (NOT) Price Analysis The NOT price continues to trade within a descending parallel channel, while trading just below the resistance of the channel This shows the bull’s dominance over the rally, which may display a strong breakout as the StochRSI is about to enter the range However, the volume remains restricted, which could reduce…
11 months ago
Crypto Price Analysis 7-19 BTC, ETH, SOL, TON, DOT, BONK, TIA
Bitcoin (BTC) has been unable to go above $65,000, facing strong selling pressure at that price. Additionally, retail interest in BTC has hit a three-year low, with analysts stating that a rebound is needed before BTC’s “real bull run” can begin. Despite BTC’s recent stutter, analysts have predicted the cryptocurrency’s next stop is $74,000. However, to confirm such a prediction, BTC will have to reclaim its old all-time high. Retail Interest In BTC Hits 3-Year Low CryptoQuant founder Ki Young…
11 months ago
This is Why TON Coin is Set to Reach $50 by the End of 2024!
The post This is Why TON Coin is Set to Reach $50 by the End of 2024! appeared first on Coinpedia Fintech News The TON blockchain is on a continuous rise and so is its token price. This blockchain started to get its fame with the rise of tap-to-earn games like Notcoin and Hamster Kombat. These two crypto-backed games significantly boosted Telegram’s popularity. This gave a great boost to the TON price. But is there more to this trend? Let’s…
11 months ago
Crypto Price Analysis 7-17 BTC, ETH, SOL, XRP, TON, HBAR, WIF
Bitcoin (BTC) has surged past $65,000 after facing intense selling pressure on Tuesday. BTC has displayed impressive strength, absorbing around 48,000 BTC sold by the German government and maintaining its upward price movement. According to Glassnode, BTC is experiencing what is known as “near-term sell-side relief,” with Bitcoin whales continuing to accumulate more of the asset when prices dip. Bitcoin (BTC) Marches Past $65,000 Data from TradingView has shown that BTC has rallied 20% since hitting $56,616 on July 12…
11 months ago
Crypto Price Analysis 7-15 BTC, ETH, SOL, TON, XRP, MATIC, DOT
Bitcoin (BTC) bounced off its support levels last week, which held firm, indicating strong demand at lower levels. It made a strong recovery over the weekend, breaking past $60,000 with a strong rally. With demand skyrocketing at lower levels, it’s clear that institutional investors viewed the recent dip as a buying opportunity. According to data from the on-chain analytics platform CryptoQuant, institutional investors acquired 100,000 BTC during the week. Positive Signs For The Crypto Markets The cryptocurrency market had plenty…
11 months ago
Toncoin (TON) Whale Activity Skyrockets 983% as Market Volatility Rages – Should Investors Buy Now?
Toncoin’s TON recorded a 1,000% surge in whale transactions, hitting $4.1 million, indicating that institutional investors were bullish on the token. TON bulls are targeting breaching the $7.7 resistance and despite a 3.45% decline on the weekly chart, the token is seeing high buying pressure. Toncoin’s TON has been on a roll this year, but in the past week, this momentum has waned and it has dipped over 3%. However, institutional investors are still interested in the token, with its…
11 months ago