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
Cardano (ADA) Trading Activity Goes Quiet: Will This Drag Down The Price?
Cardano (ADA), the third-generation blockchain platform, has been mirroring a mountain climber clinging to a precarious ledge. After a brief ascent earlier this month, the price has dipped back down, leaving investors questioning the strength of the current uptick. While a recent surge in active addresses hints at renewed interest, technical indicators and declining trading volume paint a picture of an uncertain future. Cardano At A Crossroads Cardano’s current price action presents a complex picture. The recent uptick offers a…
1 year ago
TradeSta Unveils Non-Custodial Web3 Trading Platform
[PRESS RELEASE – Ajeltake, Marshall Islands, May 7th, 2024] TradeSta, a newly announced non-custodial Web3 trading platform, is set to redefine digital asset trading. Developed by industry veterans Kieron Cartledge and Hasan Zahr, TradeSta promises a secure, user-driven experience that prioritizes privacy and full control over personal assets. With over 10,000 people already signed up, the platform’s waitlist is now live, and its STA Token private sale in full swing, it is set to launch their public sale this quarter.…
1 year ago
Highly Anticipated ‘Cardano Killer’ Altcoin that Raised $32,050,000 in Presale Starts Trading on May 21 2024—Everything You Need To Know
The cryptocurrency space is excited as Retik Finance (RETIK), a promising multichain decentralized finance (DeFi) platform, prepares for its highly anticipated launch on May 21, 2024. In a remarkable feat, the project raised an impressive $32,050,000 during its presale, which sold out in under 75 days.The staggering presale figures achieved by Retik Finance (RETIK) underscore the mounting anticipation surrounding this innovative DeFi project. With a listing price of $0.15, the project has garnered immense interest from retail and institutional investors.…
1 year ago
Top 3 Best Crypto ETF Trading Platforms For Automatic Dividends In The UK
The decline in the inflows into Spot Bitcoin ETFs from the best crypto ETF platforms in the UK, such as BlackRock and Bitwise, could result from investors' mass adoption of ETFSwap (ETFS) due to its decentralized features and improved services. Top 3 Crypto ETF Trading Platforms In The UK Crypto analyst Crypto Rover on X suggested May 1, 2024, was the worst Spot Bitcoin ETF outflow since launch as data from the Farside ETF analytical dashboard agrees that investors could…
1 year ago
Binance to Delist 6 Trading Pairs; Ends Some Contracts
The post Binance to Delist 6 Trading Pairs; Ends Some Contracts appeared first on Coinpedia Fintech News Binance, the world’s largest crypto exchange, has announced the delisting of six tradingpairs. The STPTUSDT, SNTUSDT, and MBLUSDT are set to be closed on May 13 while the RADUSDT and CVXUSDT close on May 14. The adjustments to leverage and margin tiers are on May 6th. New positions for the affected contracts will not be permitted starting from May 13 for STPTUSDT, SNTUSDT,…
1 year ago
BTCC Exchange Launches World Trading Competition with Record-breaking 10M USDT in Prize Pools
[PRESS RELEASE – Vilnius, Lithuania, May 6th, 2024] BTCC Exchange, the world’s longest-serving cryptocurrency platform, announces the BTCC World Trading Competition (BWTC) 2024 kickoff, featuring an unprecedented prize pool of 10 million USDT. This global competition, organized into three main categories, invites participants worldwide, underlining BTCC’s commitment to inclusivity and diversity in cryptocurrency trading. The competition’s categories—individual trading, copy trading, and referral competition—are designed to accommodate traders of all skill levels and preferences. The individual trading competition, already open for…
1 year ago
Cardano’s Trading Volume Surpasses $550M: Can Price Hit $1?
Cardano’s (ADA) trading volume surpasses $500 million following reports that the asset’s bearish phase could end soon. According to data, its Chaikin Money Flow (CMF) has surged to 0.6, hinting at a massive increase in investors’ interest. Cardano’s (ADA) on-chain activities experience a significant resurgence with its 24-hour trading volume surpassing $550 million. Interestingly, this has had a drop-down effect on the price performance of ADA, surging by 3% in the last 24 hours and 2% in the last seven…
1 year ago
Friend.tech Token Trading Goes Live: Excitement Builds with Airdrop Claims and Version 2 Release
Friend.tech, the social media app on Base, has launched Version 2 (V2) and airdropped its FRIEND token to its early users. The event has not gone smoothly, with several eligible airdrop recipients unable to claim their tokens and the early recipients dumping all their tokens and tanking the price. FriendTech, the decentralized social media app that launched to great reception and quickly rose to become a crypto industry darling, has launched its Version 2 and airdropped its FRIEND token. The…
1 year ago
MultiBank.io Ushers in a New Era for Cryptocurrency Derivatives Trading
MultiBank.io is live to rejuvenate trading practices for users. The trading platform will operate as part of the MultiBank Group with Binance as a partner. A leading global financial institution, MultiBank Group has announced the launch of MultiBank.io, a derivatives trading platform designed to offer cutting-edge trading solutions to a global audience in a bid to redefine cryptocurrency trading. According to the announcement, the innovative venture represents a significant leap forward in cryptocurrency trading, supported by MultiBank.io’s advanced technology and…
1 year ago