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 Miners Could Face Bankruptcy, If Bitcoin Trade Below $80K Says Top Crypto Influencer
The post Bitcoin Miners Could Face Bankruptcy, If Bitcoin Trade Below $80K Says Top Crypto Influencer appeared first on Coinpedia Fintech News As the Bitcoin halving is just 7 days away, the cryptocurrency’s price has stabilized at around $70,000, showing calmness before the upcoming event. But as mining difficulty reaches an all-time high, miners are worried about their profits after the halving. In the meantime, Kenn Bosak, a seasoned crypto influencer, believes Bitcoin needs to stay above $80,000 post-halving to…
1 year ago
Australian and New Zealand Citizens & Residents Can Now Trade Blocksquare Token with Ease through Stormrake Cryptocurrency Brokers
[PRESS RELEASE – Ljubljana, Slovenia, April 12th, 2024] We are thrilled to announce a groundbreaking opportunity for Australian and New Zealand citizens and residents to seamlessly engage in trading Blocksquare Token (BST) through Stormrake Cryptocurrency Brokers. This partnership opens doors to a convenient and secure service for individuals keen on exploring the world of digital assets. Blocksquare Token (BST) represents an innovative digital asset in the real estate sector, offering exciting prospects for investors seeking to diversify their portfolios. With…
1 year ago
Coinbase Accelerates Bitcoin Trade with Lightning Network; Shiba Inu and NuggetRush’s Positive Outlook Attracts Whales
Coinbase improves Bitcoin trade through its strategic partnership with Lightspark. Shiba Inu and NuggetRush emerge as investors’ favorites with their immersive ecosystems and memetic appeal. NuggetRush gears up for meteoric growth this Q2 following its upcoming release on top exchanges. On April 4th, Coinbase’s CEO announced that Coinbase had selected Lightspark to enable the Bitcoin Lightning Network across its platform. Coinbase’s partnership with Lightspark, an enterprise-focused lighting solution, will solve the fee increments on Bitcoin’s base layer. Meanwhile, due to…
1 year ago
Can Bitcoin (BTC) Reach $80,000 Pre Halving? Trade BTC Among Other Major Cryptos on Pullix’s (PLX) New Hybrid Platform
The rise in Bitcoin's value since the start of 2024 has been monumental. This has led to investors harboring the possibility of Bitcoin reaching the $80,000 price mark. This article analyzes the feasibility of the top crypto coin reaching such a lofty milestone. Meanwhile, Pullix (PLX) is emerging as a major player in the crypto industry through the introduction of its hybrid exchange platform, where traders can perform high-end trading activities on an immersive interface. More details below. Is it…
1 year ago
19-Year-Old Gambles and Makes 2600% Profit in One Solana Meme Coin Trade
The cryptocurrency space still offers a wide range of chances to investors, both seasoned pros and novices. The emergence of meme currencies, which are frequently in the news because of their extreme volatility and substantial profit potential, is one of the fascinating occurrences in the cryptocurrency ecosystem. Based on the Solana network, HUMP is one of the newest meme coins that garnered popularity. Success Stories of Young Investors with HUMP HUMP has drawn the interest of investors right away. Since…
1 year ago
Bearish Flag Fluttering Over XRP Price: It May Reach $0.5 if This Trade Plays Out Well
The post Bearish Flag Fluttering Over XRP Price: It May Reach $0.5 if This Trade Plays Out Well appeared first on Coinpedia Fintech News While the broader markets are trying hard to fight the bearish influence, XRP prices do not appear to have followed the trend. The March trade remained consolidated within a narrow range but at the start of the month, was extremely bearish. The levels slipped from the consolidated zone around $0.62 and dropped by over 8% to…
1 year ago
IOTA Ecosystem’s Resurgence: Innovations in Government, RWA, and Global Trade
IOTA continues its partnership with the EU PCP program, where its digital product passports and IOTA Streams are utilized to offer residents better services. Through its development foundation, which it launched this year in Abu Dhabi, IOTA is targeting the Middle East and Africa regions with new products customized to solve their challenges. While most crypto projects dwell on price movements and creating hype to boost their tokens, IOTA has been busy building products that will change the future. The…
1 year ago
Bitcoin Price Back Above $70,000: May Reach $82,000 If This Trade Plays Out Well
The post Bitcoin Price Back Above $70,000: May Reach $82,000 If This Trade Plays Out Well appeared first on Coinpedia Fintech News Bitcoin reclaims a major resistance after remaining consolidated for a couple of days. The bulls are displaying significant strength as the levels continue to range high, slowly and steadily. With this, the probability of marking a new ATH emerges, provided the BTC price is required to close the quarterly trade above certain levels. The BTC price has faced…
1 year ago
China Is Planning to Introduce a Pan-Asian Digital Currency
China wants to go global over its quest for cryptocurrency predominance as it has proposed a digital currency that would be based on a basket of currencies including the Chinese yuan, Japanese yen, South Korean won and Hong Kong dollar. The proposed pan-Asian digital currency is planned by the private-sector to rival Facebook’s Libra and challenge the USD’s supremacy. A report by the Nikkei Asian Review on June 14 noted that the proposed digital currency is backed by China. The plan to create an…
5 years ago