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…
Waves
Crypto Analyst Predicts Massive Solana Price Crash Using Elliott Waves
In a technical analysis, renowned crypto analyst Gert van Lagen presented an extremely bearish outlook for Solana (SOL), suggesting that its price is poised for a substantial downside move. Van Lagen’s analysis is underpinned by the widely acclaimed Elliott Wave Theory, a methodology that seeks to identify recurring patterns and cycles in market price movements. Why The Solana Price Could Crash At the core of Van Lagen’s analysis lies a dissection of Solana’s price action over the past few years.…
1 year ago
BEFE Coin: The New Meme Coin Making Waves in the Top 100
The post BEFE Coin: The New Meme Coin Making Waves in the Top 100 appeared first on Coinpedia Fintech News BEFE has entered the Top 100 meme coins according to CoinMarketCap, and it is just the beginning. This might seem too good to be true but experts believe that there will be an outbreak of bullish for BEFE coin, which means smart money may find it attractive. Why BEFE Coin? BEFE coin is not just another meme coin; it is…
1 year ago
Dogecoin vs Shiba Inu: Analyzing the Potential Impact of Selling Waves
On-chain indicators reveal a concerning trend, especially for Shiba Inu, which has witnessed a consistent decline in Open Interest since March. However, Shiba Inu’s surge in burn rate, resulting in the destruction of millions of SHIB tokens, has garnered significant attention and sparked optimism. In the last 24 hours, meme coins have registered a strong rally with the dogecoin (DOGE) price rallying by 19%, and Shiba Inu (SHIB) surging by 13%. However, let’s look at the on-chain derivatives for both…
1 year ago
Franklin Templeton Makes Waves with $380 Million Treasuries Fund Tokenization on Polygon and Stellar
Franklin Templeton has tokenized $380 million in U.S. Treasuries, facilitating P2P transactions on the Polygon and Stellar blockchains. This initiative introduces BENJI tokens, each representing a share in the newly created Franklin OnChain US Government Money Fund (FOBXX). Building on its pioneering legacy, as confirmed by a PANews report on April 26th, Franklin Templeton has taken a significant step forward by tokenizing the Franklin OnChain US Government Money Fund (FOBXX) worth $380 million on the Polygon and Stellar blockchains. Echoing…
1 year ago
BEFE Coin Makes Waves as the New Trending Meme Coin Sensation
BEFE coin is currently making waves across demographics as the new trending meme coin sensation. This new meme coin discovery is a goldmine to many crypto enthusiasts who have been waiting for the next crypto meme coin project. Since Shiba Inu and Dogecoin went off the radar after their short-lived hype and attention, many crypto users have been skeptical about investing in another meme coin. However, meme coins have proved to be the best solution for short-term big return on…
1 year ago
Worldcoin (WLD) Makes Waves: World Chain Set to Debut as Ethereum Layer 2 Solution
Worldcoin is launching World Chain as a Layer 2 solution on Ethereum to enhance transaction efficiency and cater to a growing user base. Incorporates Proof of Personhood for secure and private user verification, offering incentives like WLD tokens for verified identities. Worldcoin is poised to unveil its Ethereum-based Layer-2 solution, known as World Chain, this summer. Created by Tools for Humanity, this platform is designed to prioritize real human users over bots by offering them priority in block space allocation…
1 year ago
Low-Cap Altcoins Ready To Make Waves
Bitcoin just went through a big change called "halving" where it gets harder to make new bitcoins. Some people think this means bitcoin's price could go up a lot, maybe to $250,000. When bitcoin goes up, other smaller cryptocurrencies, known as "low-cap altcoins," can start getting more attention too. These under-the-radar coins might become important soon and could see big changes in their prices as well. Let's explore which ones are gearing up to make some noise in the market.…
1 year ago
Partisia Blockchain’s MPC Token Makes Waves with Listing on Multiple Prominent Exchanges
Partisia Blockchain, a pioneering force in privacy-preserving, interoperable, and sustainable blockchain solutions, has recently made headlines with the successful listing of its $MPC token on multiple leading exchanges. This significant development not only underscores the growing recognition and demand for Partisia Blockchain's innovative technology but also highlights the broader industry's embrace of multiparty computation (MPC) technology for enhancing security and trust in digital transactions. The decision by these prestigious exchanges, such as Bitfinex, BitMart, Bitrue, KuCoin and MEXC to list…
1 year ago
The Ultimate Guide to WAVES – Features, Performance, and Tokenomics
As of October 15th, 2021, we have 7.800 existing cryptocurrencies. And, while you're reading this, more of the surface on the blockchain. In addition, you can discover at least one new, promising project every 24 hours. And, today we look closer at one of these up-and-coming crypto initiatives, Waves. Read on to discover how this new crypto jumped straight to the 49th position in the market cap hierarchy. Then, find out how it works, if it’s worth the investment, and…
4 years ago