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…
Traders
Important Binance Announcement Affecting Some Altcoin Traders: Details
TL;DR Binance will introduce new perpetual contracts with high-leverage options, enhancing its futures trading platform. Despite these additions, the involved cryptocurrencies face declines in a generally falling market. What’s New? The world’s largest cryptocurrency exchange will expand the list of trading options offered on Binance Futures to enhance users’ experience. It will launch the ARB/USDC and NEO/USDC perpetual contracts with up to 50x leverage, while FIL/USDC will allow up to 75x leverage. The three choices will be available to traders from April…
1 year ago
Options Traders Bet on Bitcoin’s Post-Halving Price: Insights Revealed
Implied volatility for Bitcoin options surged, indicating decreased confidence among market participants regarding price direction. Amidst bearish bets ahead of the April 26 options expiry, there’s speculation that the halving event might trigger a “sell the news” scenario, akin to the market reaction following the approval of spot Bitcoin ETFs in January. Bitcoin investors are eagerly awaiting the much-awaited event of 2024 i.e. the Bitcoin halving, scheduled to happen next week on August 20. As we know, the Bitcoin halving…
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
Traders Forecast Massive Rally For Altcoins, But Why Is Sentiment “Down”?
Bitcoin’s correction at the start of Q2 dragged down the Altcoins market, and a “gloomy” sentiment appears to surround investors despite Q1 2024 registering one of the best performances for the crypto market. As prices recover momentum, traders and analysts suggest a brighter future might be around the corner. Altcoins Next Stop: Altseason? On Friday, some traders shared optimistic forecasts for altcoins. According to investor Crypto Jelle, the altcoin market cap chart “looks primed to go on a massive rally…
1 year ago
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TradersSome Traders Back Slothana to Be the Next Bonk After Raising Over $10M
Meme coin mania is back, and this time it’s Slothana leading the way. This new Solana-based project has already raised over $10 million in its presale – leaving traders buzzing that Slothana (SLOTH) could potentially replicate BONK’s incredible run from late 2023. Slothana Sparks Meme Mania with $420M Market Cap Goal Slothana is tapping into two things the crypto world can’t seem to get enough of – meme coins and playful mascots. The project’s SLOTH token features a chill, red-eyed sloth…
1 year ago
Important Binance Announcement Affecting WIF and PEPE Traders
TL;DR Binance added 18 new cryptocurrencies, including meme coins and established altcoins, to its loan program and introduced new tokens to its VIP Loan section. Binance Loans allows users to borrow funds using their crypto stash as collateral. The leading cryptocurrency exchange, Binance, continues implementing amendments to its platform to respond to current market trends and enhance users’ experiences. Most recently, it added 18 new loanable assets to Binance Loan. Some of the involved cryptocurrencies include the trending meme coins dogwifhat…
1 year ago
Stablecoin Regulation Coming This Week: Here’s What Traders Can Expect
The post Stablecoin Regulation Coming This Week: Here’s What Traders Can Expect appeared first on Coinpedia Fintech News US Senators Kirsten Gillibrand and Cynthia Lummis are preparing to introduce a pro-crypto stablecoin bill in the Senate. This proposed legislation aligns with Bitcoin’s original vision as a feasible payment method. The bill aims to foster growth and innovation in the crypto community and ensure regulatory oversight to eliminate bad actors. Eradicating Malpractices: Timely Legislative Effort The announcement was made during the…
1 year ago
Dogecoin and Shiba Inu Prices Fall but Traders Are Backing This New Dog Meme Coin To Explode
The post Dogecoin and Shiba Inu Prices Fall but Traders Are Backing This New Dog Meme Coin To Explode appeared first on Coinpedia Fintech News Leading meme coins have struggled today amid a broader market slump today. Currently, Dogecoin is down 5.1%, while Shiba Inu is down 4.3%. However, the new presale meme coin Dogecoin20 continues to display strength as it advances toward its Doge Day IEO. DOGE and SHIB Pullback But Traders Expect Swift Recovery Traders are unfazed about…
1 year ago
Fezoo’s Presale Revolution Attracts Bitcoin Cash & Dogecoin Traders Promising Rich Rewards Amid Market Uncertainty
The post Fezoo’s Presale Revolution Attracts Bitcoin Cash & Dogecoin Traders Promising Rich Rewards Amid Market Uncertainty appeared first on Coinpedia Fintech News As the cryptocurrency market experiences ongoing volatility, traders and investors are seeking opportunities to navigate uncertain times and secure lucrative returns. Amidst this backdrop, the emergence of Fezoo’s presale revolution has captured the attention of Bitcoin Cash and Dogecoin traders, offering enticing rewards amidst market turbulence. Moreover, a lot of investors who understand the potential that Fezoo…
1 year ago