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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Bitget Launches Trade to Mine Promotion Campaign, Giving Away All Fees to Traders
Bitget, the leading crypto derivatives trading platform, has announced the launch of its trade-to-mine program as an upgrade of the zero-fee campaign. The initiative will kick off on 28th April – 20th May 2024 and will involve distributing Bitget Tokens (BGB) to spot traders of BTC/USDT and ETH/USDT. The reward pool for the Trade to Mine Program will be directly tied to the total cumulative fees from qualifying BTC/USDT and ETH/USDT transactions. This approach will ensure the program achieves fairness…
1 year ago
This Crypto Trader Turned $98 To $1.1 Million In 90 Days: What More Useful Information Could There Be In This Trade?
While the world of digital assets is volatile, stories of overnight millionaires have happened enough times. For instance, one trader imprinted their name into the records of crypto legends by transforming a modest $98 investment into a staggering $1.1 million in 91 days only. Contrary to what most people would like to think, this tale isn’t one of mere luck; it involves strategic judgment and keen market insight. Let’s delve into the details. From $98 to $1 Million: The Incredible…
1 year ago
Senators Warren and Cassidy Call for DOJ and DHS Action Against Cryptocurrency-Fueled CSAM Trade
The post Senators Warren and Cassidy Call for DOJ and DHS Action Against Cryptocurrency-Fueled CSAM Trade appeared first on Coinpedia Fintech News U.S. Senator Elizabeth Warren, alongside Senator Bill Cassidy, made an urgent appeal to the U.S. Department of Justice (DOJ) and Department of Homeland Security in a letter that called for enhanced tools to combat the use of cryptocurrency in the illegal trade of child sexual abuse materials (CSAM). Their joint letter dated April 25, 2024, mainly targeted the…
1 year ago
IOTA Drives Innovation in Trade Finance: French Law Paves Way for Digitalization
French Senate is set to debate a new law inspired by the Model Law on Electronic Transferable Records that would allow digital trade documents to optimise trade finance. The law could massively boost DLT adoption to underpin digital documentation and provide decentralised identity; IOTA is the leader in this field, with initiatives in Europe, Africa and the Middle East. France has taken the first step in digitalising trade finance. With a new law that could massively boost decentralised ledger technology…
1 year ago
Ripple News: BRICS Alliance Moves Towards Dollar-Less Trade with Unified Financial System – Will XRP Play a Crucial Role?
The BRICS economic alliance is advancing its de-dollarization efforts by actively pursuing the establishment of a unified financial system in 2024. The proposed “BRICS Bridge” initiative seeks to integrate the digital currency systems and financial messaging platforms of member nations. In 2024, the BRICS economic alliance is actively working on establishing a unified financial system to facilitate trade within the bloc without reliance on the US dollar. This initiative was highlighted by Russia’s Deputy Foreign Minister Sergey Ryabkov during discussions…
1 year ago
Aptos and Jupiter Trade in the Red While $MEDA Investors Remain Optimistic for Explosive Rally at Launch
60% returns on Milei Moneda’s ($MEDA) Uniswap Launch are imminent for current investors. Aptos (APT) will plunge by 10% in search of a support level. Jupiter (JUP) declined by 16% this week. The market condition changed this week, allowing several altcoins to paint their charts green, but Aptos (APT) and Jupiter (JUP) were left behind. While their holders are experiencing massive losses, investors of Milei Moneda ($MEDA) are basking in profit as they anticipate extra gains in the forthcoming launch.…
1 year ago
MANTRA Partners with Virtuzone to Launch Incubator in Dubai World Trade Center
MANTRA, in collaborative efforts with Virtuzone, has announced the launch of its new incubator program located in the Dubai World Trade Center. The incubator aims to innovate the real-world asset (RWA) tokenization sector, backed by Shorooq Partners’ $11 million investment. The Incubator Program The incubator program is set to support five meticulously hand-picked projects and give each a $100,000 seed investment, provided by John Patrick Mullin, MANTRA’s CEO. The investment into each of these projects will provide everything from strategic…
1 year ago
MANTRA Launches Incubator in Dubai World Trade Center
[PRESS RELEASE – Dubai, UAE, April 16th, 2024] MANTRA is announcing the launch of its new incubation program at the Dubai World Trade Center (DWTC), following an $11 million funding round led by Shorooq Partners. This program is part of MANTRA’s effort to contribute to the Real World Asset (RWA) tokenization sector, with a focus on the MENA region. Established in partnership with the leading corporate service provider in the United Arab Emirates, Virtuzone, the MANTRA Incubator program is designed…
1 year ago
Attention Traders: XRP Breaks Multi-Year Consolidation, May Drop Below $0.3 if This Trade Plays Out Well
The post Attention Traders: XRP Breaks Multi-Year Consolidation, May Drop Below $0.3 if This Trade Plays Out Well appeared first on Coinpedia Fintech News Ever since the XRP price faced a massive rejection in March 2022, the rally continued heading towards the south, discovering the lows below $0.3. As it triggered a rebound, it maintained a healthy upswing along the trend line that acted as strong support throughout the journey. However, the market dynamics appeared to have changed to a…
1 year ago