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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TON Price Up 4% as TON Blockchain Launches Open League: Win $40M+ in Rewards
The Toncoin network has attracted notable investments from legacy web3 venture capitals in addition to the support from Telegram messenger. TON price rallied to a new all-time high on Friday after a 6% spike to around $8.07 fueled by notable developments and adoption. Toncoin (TON), a fast-growing web3 ecosystem with dozens of vibrant projects leveraging the Telegram messenger, has already kickstarted the next major bullish leg after three months of consolidation. The large-cap altcoin, with a fully diluted valuation of…
12 months ago
Big Win For Ethereum As The SEC Approved All Spot Ethereum ETFs
The post Big Win For Ethereum As The SEC Approved All Spot Ethereum ETFs appeared first on Coinpedia Fintech News In a landmark decision on May 24, 2024, the U.S. Securities and Exchange Commission (SEC) has approved all Spot Ethereum Exchange-Traded Funds (ETFs), marking a pivotal moment in the cryptocurrency market. This approval ends a prolonged period of anticipation and debate, signaling a new era for Ethereum and the broader crypto industry. The approval of all Spot Ethereum ETFs is…
1 year ago
Altcoins That Can Win Bull Race Started By ETH ETF Approval
The post Altcoins That Can Win Bull Race Started By ETH ETF Approval appeared first on Coinpedia Fintech News With the market heating up, the possible approval of an ETH exchange-traded fund (ETF) has sent positive ripples through the crypto space. As this new development unfolds, several cryptocurrencies are poised to possibly surge ahead. This article will examine three alternative coins that appear to be strong contenders to harness the energy of this market momentum and could potentially outperform their…
1 year ago
US House Of Representatives Approves FIT21 Bill In Huge Win For Crypto
The United States House of Representatives voted 279-136 to approve the Financial Innovation and Technology for the 21st Century Act with a wave of Democratic support. If it becomes law, the bill could have sweeping ramifications on the US regulatory landscape for digital assets, marking the crypto industry’s most significant legislative accomplishment in Congress. House Of Representatives Approves FIT21 Looking at the numbers, 208 Republican House members voted in favor of the bill. However, the bill saw a wave of…
1 year ago
Ripple CEO Reveals Big Win Against SEC
The post Ripple CEO Reveals Big Win Against SEC appeared first on Coinpedia Fintech News In a recent episode of Chris Vasquez’s Worldclass podcast, Ripple’s CEO Brad Garlinghouse revealed the biggest achievement of the company during the lawsuit of Ripple vs SEC that has been running for the past 4 years. Brad shared that dark times started for the company when Ripple got sued. He also shared that last year when the federal judge Analisa Torres ruled that XRP sales…
1 year ago
Robinhood Will Win Against US SEC in the Ongoing Case: Says KBW Broker
The post Robinhood Will Win Against US SEC in the Ongoing Case: Says KBW Broker appeared first on Coinpedia Fintech News In a research report on Monday, KBW broker indicated that Robinhood Markets Inc. (NASDAQ: HOOD) will likely fight the United States Securities and Exchange Commission (SEC) in court and win. KBW analysts noted that Robinhood only offers trading for 15 crypto assets and will most likely continue with its services. Meanwhile, KBW indicated that the US SEC will sue…
1 year ago
2024 F1 Chinese Grand Prix Preview: Predict Who Will Challenge Max Verstappen & Win Prizes!
The post 2024 F1 Chinese Grand Prix Preview: Predict Who Will Challenge Max Verstappen & Win Prizes! appeared first on Coinpedia Fintech News Formula One returns to the Shanghai International Circuit this weekend, and with it comes a burning question: can anyone stop the juggernaut that is Max Verstappen and Red Bull Racing? After dominating last season and winning 3 of the opening 4 races this season, the Dutchman is well on course to secure his 4th World Championship. While…
1 year ago
Investors Eye Big Win on $MEDA Hyped Presale While ADA and MATIC Find Steady Ground
The post Investors Eye Big Win on $MEDA Hyped Presale While ADA and MATIC Find Steady Ground appeared first on Coinpedia Fintech News TLDR Investors are excited about the Milei Moneda ($MEDA) presale, anticipating significant gains. Cardano’s (ADA) price could surge to $1.65 in 2024 Polygon’s (MATIC) price could reach $3.38 in 2024. Investors are keeping a close eye on the hyped presale of Milei Moneda ($MEDA), hoping to achieve sizable returns before its official launch. At the same time,…
1 year ago
XRP lawsuit win over SEC could make headway for new projects like Octoblock
The post XRP lawsuit win over SEC could make headway for new projects like Octoblock appeared first on Coinpedia Fintech News A Ripple XRP lawsuit victory could signify regulatory clarity, paving the way for new projects like Octoblock to thrive as the crypto environment becomes openly validated. XRP could potentially boost investor confidence and excite a price rally as the platform is finally relieved of the burden of defense to concentrate on catalyzing renewed interest and investment. An XRP lawsuit…
1 year ago