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 $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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DexToro Unveils Full-Scale Blockchain Protocol, Revolutionizing Decentralized Derivatives Trading
Miami, United States, 5th August 2024 – Today, DexToro is proud to announce a significant milestone — the transition to a full-blown blockchain protocol. DexToro, founded by Nick Nechanicky in June 2023, has been on a mission to democratize access to financial opportunities. The DexToro exchange is known for offering perpetual futures trading across various assets, including cryptocurrencies, forex, and stocks. Today, DexToro transitioned to a full-blown blockchain protocol. This transition means that anyone, regardless of location or background, can…
10 months ago
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TradingHusky Inu ($HINU) and Memecoins Trading in the Green
Memecoins have taken a turn following days of trading in the red. Popular memecoins such as Dogwifhat ($WIF), Bonk ($BONK), and Floki Inu ($FLOKI) increased today after taking a severe knock recently. In recent weeks, the broader crypto market spiral resulted in double-digit percentage losses for many popular memecoins. Husky Inu ($HINU): Presale Success Continues Solana’s latest memecoin offering, Husky Inu ($HINU), has exceeded all expectations since launching its presale. The first presale stage sold out within days, and the…
10 months ago
OKX To Delist A Large Number Of Spot Trading Pairs
The post OKX To Delist A Large Number Of Spot Trading Pairs appeared first on Coinpedia Fintech News Cryptocurrency exchange OKX has announced the delisting of a large number of spot trading pairs as part of its ongoing efforts to maintain a high-quality trading environment. Affected pairs will be removed on August 9, 2024. OKX has decided to delist the following trading pairs: MSN/USDT, OMN/USDT, REP/USDT, BTC/EURT, ETH/EURT, EURT/USDT, IGU/USDT, PCI/USDT and SLN/USDT. The delisting process will take place between…
10 months ago
Bybit Hits Record-breaking 107 Billion Daily Trading Volume
Dubai, United Arab Emirates, August 7th, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced an unprecedented milestone, achieving an all-time high daily trading volume of over 107 billion earlier this week. This remarkable figure represents a staggering four times increase compared to Bybit’s daily average trading volume of 25 billion, solidifying its position as the world’s second-largest cryptocurrency exchange. The record-breaking volume was driven by robust trading activities across a diverse range of products, including perpetuals,…
10 months ago
Bybit Introduces Pre-Market Perpetuals for Trading Upcoming Tokens
Dubai, United Arab Emirates, August 6th, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced its latest product: Bybit Pre-Market Perpetuals. This innovative offering enables users to trade perpetual contracts on forthcoming tokens, providing an opportunity to engage with future values prior to their official market debut. Pre-Market Perpetuals are designed to offer early access to to potential promising new contracts. This helps users avoid potential entry cost increases due to price volatility at launch. Traders can…
10 months ago
Global Market Crash: Robinhood Halts Trading For 24 Hours!
The post Global Market Crash: Robinhood Halts Trading For 24 Hours! appeared first on Coinpedia Fintech News Not just crypto but the Global Stock markets are plunging. Robinhood created waves in bearish crypto waters by hauling their 24 hour trading. This splits the community into two types of believers. There are some who are appreciating this move and the other who are calling it market manipulation. Let’s explore what exactly happened and what community is feeling. Robinhood’s Response to Market…
10 months ago
Analysis of Memecoin Trading: March Peak, July Decline – Top 5 Tokens Expected to Rise Again Up The End-Year
Memecoins saw a significant surge in March but faced a downturn by July. Despite the rollercoaster ride, some tokens show promise for a comeback before the year ends. This analysis explores the top five memecoins poised for a potential rise, offering insights into which could rebound and shine in the volatile crypto market. Pepe (PEPE) Pepe (PEPE) is currently trading in the range of $0.00001068 to $0.00001297, presenting a strong potential for a significant rebound. Despite a recent week-over-week drop…
10 months ago
Could Bitcoin Outshine Gold? Trading Guru Weighs In On The Historic Financial Duel
In the digital asset world, the only valid rival for Bitcoin asides Ethereum is often regarded as Gold. So far, many analysts and experts have continued to make comparisons between these two assets especially to see what price Bitcoin could trade at if it had the same market cap as Gold. Speaking on a similar topic, Peter Brandt, a trading guru with decades of experience in the trading space has recently shared insights, focusing his analysis on the ongoing rivalry…
10 months ago
SOL Blockchain Outperforms ETH in Trading Volume – Top 5 SOL Tokens Ready for 10x Profit
Solana's blockchain has recently eclipsed Ethereum in trading volume, capturing the attention of investors and analysts alike. This surge has highlighted five standout SOL tokens with the potential for exponential growth. The article explores these promising tokens, offering insights into their potential for delivering up to 10x profits. Discover which coins are set to lead the next wave of growth. Jupiter (JUP) Shows Modest Bullish Signs Amid Market Volatility Jupiter (JUP) has demonstrated a modest bullish trend, with a one-month…
10 months ago