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…
Trading
Bitsgap Introduces Mobile App, Bringing Crypto Trading Power to Your Pocket
Tallinn, Estonia, May 13, 2024 — Bitsgap, one of the leading crypto aggregators, has rolled out its cutting-edge mobile app, now available for download on both iOS and Android platforms. This milestone ushers Bitsgap into a new era of flexible, on-the-go crypto trading. "We are excited to unveil the Bitsgap mobile app," said Max Kalmykov, CEO. "By extending our powerful trading tools to mobile, we are empowering users with unmatched access, allowing them to capitalize on market opportunities anytime, anywhere."…
1 year ago
Top Three Cryptocurrencies Trading Under $5 To Add To Your Watchlist
The post Top Three Cryptocurrencies Trading Under $5 To Add To Your Watchlist appeared first on Coinpedia Fintech News The cryptocurrency industry has seen a shift in recent years following the influx of new tokens into the ecosystem. This has spurred the interest of traders and cryptocurrency enthusiasts to go in search of the next big breakthrough. Owing to the dynamic nature of the crypto market, traders and buyers don’t have to break the bank to make profitable investments. Tokens…
1 year ago
Binance Addresses Market Manipulation Allegations Amid DWF Labs’ Wash Trading Claims
Binance has refuted allegations bordering on market manipulation. The trading firm has launched new loanable assets to sustain its dominance in the market. Crypto exchange Binance has addressed allegations of wash trading activities, involving a major client, DWF Labs. Reports claim DWF Labs engaged in wash trading worth $300 million over the past year, artificially inflating the prices of certain cryptocurrencies, including Yield Guild Games. Binance Denies Involvement with DWF Labs In response to these accusations, Binance posted on its…
1 year ago
Shiba Inu Competitor Retik Finance (RETIK) Starts Trading on May 21st, Experts Predict 500% Jump Within the First 12 Hours
DeFi giant Retik Finance (RETIK) is finally making its way to exchanges after a remarkable presale campaign that ended in Q1 2024. RETIK is set to commence trading on multiple exchanges, including Uniswap, on May 21st, 2024, at 12PM UTC. This highly anticipated launch has sent shockwaves through the cryptocurrency community, with experts forecasting a staggering 500% surge in the value of RETIK within the first 12 hours of trading. The rapid ascent of Retik Finance (RETIK) can be attributed…
1 year ago
Binance Officials Respond to Market Manipulation Allegations Alongside DWF Labs’ Wash Trading Activities
The post Binance Officials Respond to Market Manipulation Allegations Alongside DWF Labs’ Wash Trading Activities appeared first on Coinpedia Fintech News Binance has been under the spotlight of controversy ever since harsh allegations of market manipulation involving DWF Labs were placed against the company. Reports were released claiming that committed significant wash trading activities worth $300 million have been conducted in the last year by DWF Labs. After seeing such allegations, several key figures in charge of running Binance have…
1 year ago
AI Trading Bots Set to Lead Next Bull Run: Bitbot Gets Ready
The post AI Trading Bots Set to Lead Next Bull Run: Bitbot Gets Ready appeared first on Coinpedia Fintech News In the wake of the recently completed Bitcoin halving, the cryptocurrency markets are bristling with renewed energy, setting the stage for the next bull run. Amidst all this, AI trading bots, particularly Bitbot, are poised to lead the charge. Bitbot’s presale phase is already creating waves in the investment community, having raised a remarkable $3.2m in a very short period. …
1 year ago
Goodbye LocalMonero: P2P Trading Platform Bows Out After Seven Years
Monero trading platform LocalMonero is hanging up its hat, citing internal and external factors amid a broader regulatory crackdown on privacy-focused cryptocurrencies. LocalMonero Shuts Down Operations LocalMonero, a significant peer-to-peer trading platform for the privacy-focused cryptocurrency Monero, has announced the closure of its operations. The platform, in operation for nearly seven years, communicated this decision through an announcement on its website, dated May 7. The announcement urged its users to reclaim any funds from their wallets before May 7 to…
1 year ago
Quantitative Trading Giant Boosted its Portfolio with $1 Billion Bitcoin ETF Investment
Susquehanna International Group, a quantitative trading firm, revealed its investments in Bitcoin exchange-traded funds (ETFs) during the first quarter of 2024. According to a 13F-HR filing submitted on May 7, the firm disclosed its ownership of more than $1 billion in exchange-traded funds (ETFs). Susquehanna’s Crypto Portfolio The filing, submitted to the Securities and Exchange Commission, disclosed Susquehanna’s ownership of 17,271,326 shares in the Grayscale Bitcoin Trust (GBTC), with a market value of approximately $1.09 billion as of March 31,…
1 year ago
Clone Protocol Integrated on Jupiter: Introduces DOGE, BNB Trading on Solana’s Largest DEX
Jupiter has announced the integration of the Clone Protocol, enabling users to trade non-native Solana tokens such as BNB and DOGE on the ecosystem’s largest decentralised exchange. The integration eliminates the need to use bridges; users can now leverage cloned assets (clAssets) on Clone, which offer a wrapped version of the original token on a secure and efficient platform. Jupiter, the leading decentralised exchange (DEX) aggregator on the Solana ecosystem, has announced the integration of Clone Protocol, introducing a new…
1 year ago