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
BNB Traders Add New Mpeppe (MPEPE) Cryptocurrency To Binance Memecoin Portfolio
Binance Coin (BNB) traders have begun adding a fresh contender to their memecoin portfolios: Mpeppe (MPEPE). This new cryptocurrency has quickly gained traction, offering unique features and integrations that make it a compelling addition to any BNB trader’s holdings. Here’s why Mpeppe (MPEPE) is becoming a must-have in the Binance Coin (BNB) ecosystem. Mpeppe (MPEPE): A New Powerhouse in the Memecoin Market Mpeppe (MPEPE) is not just another memecoin; it’s a token that leverages the power of decentralized finance (DeFi)…
9 months ago
Tron (TRX) Rally Imminent? 55.8% of Top Traders Go Long
The post Tron (TRX) Rally Imminent? 55.8% of Top Traders Go Long appeared first on Coinpedia Fintech News Despite Tron’s (TRX) decline of over 10% in the past week, top traders’ long positions and interest suggest that the price is poised for an upside move. Along with all the major cryptocurrencies, TRX has experienced a price drop of over 1.8% in the last 24 hours. Bullish Outlook For TRX The on-chain analytic firm CoinGlass’s TRX Long/Short ratio chart signals a…
9 months ago
Bybit Powered by SATOS Launches Trading Competition with Exclusive Rewards for Dutch Traders
Amsterdam, The Netherlands, September 3rd, 2024, Chainwire Bybit Powered by SATOS is thrilled to announce new prize pools totalling 30,000 USDT, with exclusive Margin Trading rewards for users in the Netherlands. From now until September 11, traders can sign up for a chance to maximize their potential returns, leveraging Bybit’s market-leading tools and offerings. Participants taking the opportunity to boost their trading volumes are invited to unlock multiple perks and explore the power of Margin Trading. Trading can allow participants…
9 months ago
Will XRP Price Fall? Traders Book $8.25M in Profit
The post Will XRP Price Fall? Traders Book $8.25M in Profit appeared first on Coinpedia Fintech News In this bearish market sentiment, cryptocurrencies are experiencing significant selling pressure. Amid this ongoing market downturn, on August 29, 2024, Ripple traders booked over $8.25 million in profit, according to the data from the on-chain analytic firm Santiment. XRP Price Under Pressure Historically, significant profit booking often leads to a massive price drop or increased selling pressure. There is a high possibility that…
9 months ago
Pepe Coin Traders Backing New Meme Coin Presale That Analysts Say Could Give Similar Gains
The post Pepe Coin Traders Backing New Meme Coin Presale That Analysts Say Could Give Similar Gains appeared first on Coinpedia Fintech News Pepe is down today, but traders are rotating to a new alternative that is currently undergoing a presale. The new Pepe-themed token, Pepe Unchained ($PEPU), has its own Ethereum layer 2 blockchain. Between this innovative utility and a Pepe-rooted memetic allure, analysts believe this project has the potential for strong gains. Pepe Unchained has just crossed the…
9 months ago
Retail Traders are Shorting BTC Again: Should you be Bullish or Bearish on Bitcoin?
The post Retail Traders are Shorting BTC Again: Should you be Bullish or Bearish on Bitcoin? appeared first on Coinpedia Fintech News The Bitcoin price has become largely volatile ever since the crypto markets and the global financial markets suffered after the Japan market crash. The Bulls are trying hard to reclaim the lost levels, while the Bears are leaving no stone unturned to keep the rally within a restricted range. Meanwhile, the BTC price is displaying the possibility of…
9 months ago
Top 3 Platforms Other Than Binance for Crypto Traders
One of the biggest names when it comes to Crypto platforms is Binance. Popular amongst traders all around the world, Binance has a lot to offer. However, with the constant growth in the Crypto market, there are now a large number of competing platforms with attractive offerings for traders to choose from. Having more options is always good for traders, especially when many offer such competitive conditions. This allows them to identify the features that are important to them, whether…
9 months ago
Solana, Ethereum Attract Traders Amid Bitcoin Open Interest Plunge
Data shows that Bitcoin (BTC) Open Interest plummeted during the latest market retrace, but Solana (SOL) and Ethereum (ETH) have been resilient. Solana & Ethereum Open Interest Has Only Seen A Mild Retrace According to data from the analytics firm Santiment, Bitcoin has seen its Open Interest plunge after the pullback in its price. The “Open Interest” here refers to a metric that keeps track of the total amount of derivatives positions related to a given asset (in USD) currently…
9 months ago
Solana Traders Eye on $140 Level, Here’s Why
The post Solana Traders Eye on $140 Level, Here’s Why appeared first on Coinpedia Fintech News As Bitcoin (BTC) fell below the $62,000 level, the overall cryptocurrency market experienced significant selling pressure. This bearish sentiment caused a major setback for Solana (SOL) as it broke its two days of consolidation near the crucial level of $160. Solana (SOL) Price Action and Technical Analysis The breakdown from consolidation has shifted the sentiment for SOL to bearish. Additionally, the SOL’s daily chart…
10 months ago