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…
Trust
Effortless Earnings: Plus Wallet Pays Its Users on Every Swap; Trust Wallet Signs New Partnership & Pi Network Preps for Mainnet
New developments in the crypto world continuously transform and reshape the user experience, with the crypto wallet industry perhaps leading the charge. Trust Wallet is celebrating its anniversary through a partnership with ChainGPT, bringing AI-driven NFT creation to its large user base. Meanwhile, Plus Wallet provides users with instant rewards on every swap, turning routine transactions into profitable opportunities. Beyond rewards, it prioritizes security with advanced encryption and protective features, making it one of the safest crypto wallets for secure…
8 months ago
Grayscale XRP Trust Surges 11.44% One Week After Launch, Here’s The Catalyst
Grayscale’s XRP trust has grown noticeably since launch, a development which spells positive momentum for the digital asset. As one of the leading cryptocurrency asset managers in the world, Grayscale’s decision to unveil the first XRP trust in the US last week signaled the beginning of an institutional influx of funds into the cryptocurrency. Since its debut, the Grayscale XRP Trust has performed remarkably well. Data indicates that the trust’s value has surged by 11.44%, a clear indication of strong demand…
9 months ago
POL (ex-MATIC) Soars After Major Listings, XRP Gains After Grayscale XRP Trust – Explore More Altcoins Ready to Explode
Exciting developments in the cryptocurrency market have caught the attention of many. Recent major listing boosts have driven POL's impressive rise, while XRP experiences gains following the Grayscale XRP Trust. Discover which other altcoins may be poised for explosive growth in the near future. Dive into the details and uncover the next potential big movers in the crypto space. POL (EX-MATIC) POL, formerly known as MATIC, is demonstrating bullish momentum, with its current price ranging between $0.34 and $0.42, showing…
9 months ago
XRP Price Poised for 10% Rally After Grayscale XRP Trust Announcement: Report
The post XRP Price Poised for 10% Rally After Grayscale XRP Trust Announcement: Report appeared first on Coinpedia Fintech News XRP price is poised for a significant rally, despite gaining 6% upside momentum in the past four hours. It’s all thanks to the asset management giant Grayscale. On September 12, 2024, the firm announced its latest single-asset crypto investment product, Grayscale XRP trust. Grayscale’s XRP Trust Takes the Spotlight This announcement on X (previously Twitter) went viral and attracted significant…
9 months ago
Ripple News: Grayscale Launches First U.S. XRP Trust – Will XRP Price Jump?
The post Ripple News: Grayscale Launches First U.S. XRP Trust – Will XRP Price Jump? appeared first on Coinpedia Fintech News In another daring move, crypto asset management giant Grayscale will launch the first U.S. XRP trust on Thursday. As per Fox Business report, Accredited investors will have direct exposure to XRP, the cryptocurrency behind Ripple’s XRP Ledger, which facilitates cross-border payments, through this “closed-end” fund. Launching this trust is significant for all those crypto fans who fear entering the…
9 months ago
Granite Launches as First-of-its-Kind Bitcoin DeFi Liquidity Protocol Prioritizing Security and Trust
Cayman Islands, Cayman Islands, September 12th, 2024, Chainwire The first-of-its-kind DeFi liquidity protocol focusing on redefining trust and security for DeFi Granite, a groundbreaking Bitcoin DeFi liquidity protocol that empowers users with unprecedented security and control over their Bitcoin assets, today announced its launch. Incubated by Trust Machines, Granite represents a significant evolution in the DeFi landscape, setting new standards for transparency and user-centric financial services – all backed by the power of Bitcoin L2s. Granite enables BTC users to…
9 months ago
Trust Invest Gains Traction and Sets New Standards in Crypto Trading with AI-Driven Bots and Wealth Management Program
Dubai, United Arab Emirates, September 10th, 2024, Chainwire On the Path to IPO Amidst Strong Growth and Security Trust Invest, a next-generation cryptocurrency exchange, is gaining traction in the crypto world with its use of AI trading bots and its wealth management program. Trust Invest's cutting-edge technology and personalized account management services have led to success for the company, and market speculation has arisen regarding a possible Initial Public Offering (IPO), although no official confirmation has been provided. AI Bots…
9 months ago
Grayscale Avalanche Trust Ignites AVAX Rally, $31 Ahead?
The post Grayscale Avalanche Trust Ignites AVAX Rally, $31 Ahead? appeared first on Coinpedia Fintech News Grayscale Investment, the world’s largest crypto asset manager, has announced the public launch of the Grayscale Avalanche Trust. Following this announcement, Avalanche (AVAX) gained significant attention from traders and investors and experienced a notable price surge. Grayscale Avalanche Trust With this latest announcement, the world’s largest crypto asset manager now offers more than 20 crypto investment products. With the latest announcement, the trust allows…
10 months ago
Optimism Suffers 21% Loss – Will On-Chain Activity Regain Investor Trust?
Losses mount for Optimism as the market suddenly flips from bullish to bearish, wiping significant gains made after it rebounded last week. According to CoinMarketCap, the token is down over 21% since last month, putting significant pressure on investors as the market continues with its choppy trading days. Despite the market’s hostility in the past 24 hours, on-chain news still reinforces investor confidence as the platform’s Superchain continues to grow. But questions remain as to how this can affect the…
10 months ago