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…
Turbulence
Amid Market Turbulence, DeeStream Attracts Lido DAO & Compound Investors with 50X Growth Predictions
It’s been a bearish Q2 cryptocurrency market so far. Several coins that showed immense promise during the March bull market have begun to suffer severe value slumps. Currently, investors are looking for ways to recoup their losses and maximize gains when possible. DeeStream has recently emerged as a foremost crypto asset for investment. Lido DAO and Compound holders have spotted the platform and believe its crypto token will likely become a blue-chip cryptocurrency. They’ve begun buying large volumes of the…
1 year ago
Top Cryptocurrency Picks for Potential 50x-100x Gains Amid Market Turbulence
The post Top Cryptocurrency Picks for Potential 50x-100x Gains Amid Market Turbulence appeared first on Coinpedia Fintech News Amidst market turbulence, Token Metrics, renowned for its AI-powered investment research, has identified a select group of cryptocurrencies poised to deliver extraordinary returns. Firstly, let’s delve into Token Metrics’ latest findings, spotlighting cryptocurrencies with the potential to yield gains of up to 100 times and more when the market rebounds. These gems might just give you financial freedom this bullmarket (3x to…
1 year ago
Community Is Excited as the First Launchpad on Blast Chain, BlastUP (BLP), Soars, Solana and Polkadot Gradually Recover from Market Turbulence
The post Community Is Excited as the First Launchpad on Blast Chain, BlastUP (BLP), Soars, Solana and Polkadot Gradually Recover from Market Turbulence appeared first on Coinpedia Fintech News The crypto space is buzzing as a new platform makes an impactful debut while established names like Solana and Polkadot begin to stabilize. The excitement for the new BlastUP launchpad is palpable, showing the market’s resilience and potential for innovation. As major players steady themselves, the emergence of fresh initiatives hints…
1 year ago
$9.5 Billion In Bitcoin Options Poised To Expire This Friday: Market Turbulence Ahead?
This Friday, the spotlight is turned to Deribit, the leading crypto derivatives exchange, as it gears up for a notable event in its trading history. Particularly, the exchange is poised to witness the expiration of over $9.5 billion in Bitcoin options open interest. For context, Open interest refers to the total number of outstanding derivative contracts, such as futures or options, that have not been settled or closed. It represents the number of contracts market participants hold at the end…
1 year ago
Crypto Markets Experience Turbulence as Institutional Investors Stay On the Sidelines
The bulls and bears are embroiled in an ongoing fight for domination of the cryptocurrency market. At the start of the week, top digital assets such as ETH and LTC attempted to make headwinds in what seemed like a bitcoin-led upswing. Instead, however, the crypto space mirrored the persistent weak trend in the traditional markets and shed nearly 7% off its combined market capitalization on July 8. Bitcoin fell 6% on the day as major global equity indices crashed, while…
4 years ago