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
Bitcoin and Ethereum Trading And Custody Services Rolled Out By Swiss Banking Giant ZKB
Leading Swiss bank Zurich Cantonal Bank is the latest financial entity to enter the crypto waters in Europe, as it unveiled Bitcoin (BTC) and Ethereum (ETH) trading services on September 4, 2024. Swiss Banking Juggernaut To Offer Crypto Services In its press release published today, the bank said its customers can avail 24/7 cryptocurrency trading and custody services via its existing digital platforms such as ZKB eBanking and ZKB Mobile Banking. The fourth-largest Swiss bank with total assets under management…
9 months ago
Navigating the Risks of Algorithmic Trading: How UpBots.com and SuperBots Finance Are Pioneering Next-Generation Solutions
The rise of algorithmic trading has transformed the financial landscape, yet it comes with significant risks that can deter potential investors. Concerns about technological glitches, data inaccuracies, and regulatory compliance create a climate of distrust. These risks can lead to substantial financial losses due to the speed at which most algorithmic trading takes place. The infamous example of Knight Capital, which lost $440 million in a 45-minute period due to a faulty algorithm. This makes it crucial for traders to…
9 months ago
Elon Musk Resumes Public Support For Dogecoin, Sends Ethereum Token Trading At $0.01831 Flying
The post Elon Musk Resumes Public Support For Dogecoin, Sends Ethereum Token Trading At $0.01831 Flying appeared first on Coinpedia Fintech News Elon Musk has once again stirred a reaction from the Dogecoin (DOGE) community with a post on X. The billionaire entrepreneur has rediscovered his love for Dogecoin as he shares a DOGE meme, marking a renewed show of public support for the meme coin. The excitement in the Dogecoin community caused quite a reaction to the meme coin…
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
TON Down 10%; TRX Continues Rally; Intel Markets Kicks of ICO, Preparing to Reshape Crypto Trading
The post TON Down 10%; TRX Continues Rally; Intel Markets Kicks of ICO, Preparing to Reshape Crypto Trading appeared first on Coinpedia Fintech News The crypto market took another sudden turn as Bitcoin (BTC) tumbled below $60,000. Toncoin (TON) swung low and down by over 10%, despite Pavel Durov’s release from custody. Meanwhile, TRON (TRX) maintains traction, oblivious to larger bearish sentiment. At the same time, a new player has stolen the spotlight, aiming to reshape crypto trading: Intel Markets…
9 months ago
Ethereum Will Remain Bearish Until This Key Trading Reading Changes
Ethereum is steady at press time, as is visible in the daily chart. Even though prices are floating above $2,500, ETH bulls are still weak. The coin remains inside the bear bar of August 27, technically inside a bear formation. From price action, it would take effort for bulls to take charge in the short term. A convincing high volume close above $3,500 would signal a rapid trend shift beneficial for holders. Will Ethereum Bears Press On? Traders Monitoring This…
9 months ago
Intel Markets User-Friendly AI-Powered Trading Platform Attracts Ripple and Toncoin Investors
The post Intel Markets User-Friendly AI-Powered Trading Platform Attracts Ripple and Toncoin Investors appeared first on Coinpedia Fintech News Although there are numerous crypto trading platforms in the market today, many of them have poor user interfaces that hamper the traders. Fortunately, there is Intel Markets that has a well-organized AI-powered interface where a trader can find everything he needs without any difficulties. Meanwhile, whales have dumped over 140 million XRP coins in the past week. Also, the Toncoin price…
9 months ago
Crypto Analysts Recommend Trading Strong Narrative Altcoins Amid Market Turbulence
September has historically marked a bearish period for the crypto market, often signaling a challenging third quarter. Amid this week’s erratic price movements, experts anticipate further volatility. In this uncertain climate, seasoned analysts provide strategic insights to trade the rough waters of the crypto market. Analysts Share Altcoin Trading Strategies Miles Deutscher, a prominent crypto analyst, advises traders to target “quality altcoins” during significant dips. Deutscher defines quality as strong narratives and relative strength against the broader market. He recommends…
9 months ago
Copy Trading on the Cryptorobotics Platform: Automating Trading with E-TRADE FUTURES
The post Copy Trading on the Cryptorobotics Platform: Automating Trading with E-TRADE FUTURES appeared first on Coinpedia Fintech News In the modern world of cryptocurrencies, copy trading has established itself as a highly efficient trading method for all market participants. This is especially true for the E-TRADE FUTURES channel on the Cryptorobotics platform, which specializes in the BTC/USDT pair and offers access to trading on the Binance Futures exchange using advanced strategies and technologies. Let’s take a closer look at…
9 months ago