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Ethereum Classic (ETC) Price Will Surge To This Level in August, Claims On-Chain Data

As the overall cryptocurrency market sees their rise, Ethereum Classic gains massive profit outshining other currencies.

Over the last 24hrs, Ethereum Classic (ETC) has claimed 23.26% as the price jumped to $41. When we look at ETC, it’s just not about the price, every aspect of the currency has entered the positive zone in the last 30 days.

Read More: https://coinpedia.org/altcoin/this-is-where-ethereum-classic-etc-will-see-its-price-in-august-claims-on-chain-data/
The US is ‘in a Recession’ - Says New York Mayor!

New York City Mayor Eric Adams said the country’s finance is in a crisis that cannot be “imagined.”

According to Mayor Adams, “we are in a financial crisis like you can never imagine, wall Street is collapsing; we are in a recession.”

He Further Stated That "We’re dealing with tough economic times, but we’re going to get through it because I trust in the president.”
Bitcoin and Ethereum hit a 6-week high recently as Fed hiked interest rates.

The bullish market is seemingly on the verge to take over the crypto market.
The global market cap touches $1. 09 Trillion a mild down of 1.00% from the previous day. The total trading volume is at $98.5 B.

The Fear and Greed Index at 42 indicates Fear.
#Ethereum Celebrates 7th Anniversary as Developers Push for Upgrades

Since its creation in 2015, the Ethereum #blockchain has developed into a hub for #DeFi, #NFTs, #DAOs, and innovation.

A significant update will thereafter be made this year with complete adoption to #Ethereum2.0.

Ethereum 2.0 is coming - Here's all what you NEED to know!

Read More: https://www.instagram.com/p/Cgox5mAplJc/
Altcoins Polygon(MATIC), Ethereum (ETH) & Ethereum Classic(ETC) Price May Explode in Coming Week!

Bitcoin and major altcoins witnessed a notable upswing in the past couple of days. Despite the current pullback, the asset maintains a decent strength and displays a tendency to regain bullish momentum. The bearish cartel is attempting very hard to restrict the rally but the assets appear to be poised to keep up the upward trajectory.

Altcoins like Ethereum (ETH), Polygon (MATIC) and Ethereum Classic(ETC) are expected to thrive in the coming days.

Read More: https://coinpedia.org/price-analysis/altcoins-polygonmatic-ethereum-eth-ethereum-classicetc-price-may-explode-in-coming-week/
#Bitcoin was the best-performing asset of the decade.

Clearly, Bitcoin Outperforms Traditional Assets

#Gold’s and #S&P 500 return on investment (#ROI) has seen a drastically lesser returns

This is more than 10x the amount of the #NASDAQ 100, which was the second-best performing #asset class of the last decade.

#US Large Caps recorded an #annualized return of 14%, and gold recorded an annualized return of 1.5%.
Coinbase CEO Aims to Become the “Amazon” of Cryptocurrencies

In an interview with Lex Fridman, Coinbase CEO Brian Armstrong revealed his various strategies and upcoming projects.

As per Brian, the first step to listing an altcoin is to determine whether that asset is registered security or a deemed security.

Read More: https://coinpedia.org/opinion/coinbase-ceo-aims-to-become-the-amazon-of-cryptocurrencies/
Major #cryptocurrencies traded in the green early today.

The global #crypto market cap is $1.06 trillion, a rise of 0.90%. The entire volume of the #cryptocurrency market over the last 24 hours was $72.17 billion, an increase of 0.14%.

The price of #Bitcoin fluctuates around $22k, with a 41.25 percent Dominance.
The #hack is the largest theft known, recently #Solana faced another hack with the loss of $8 million and more than 8k wallets being victims. 

Which brings us back to #educating ourselves on how important it is to Secure your Digital #Crypto Wallets.

Remember Crypto Wallets=#Digital Identity!

Here are some #tricks to keep your #Wallet Safe. 

Read More:https://www.instagram.com/p/CgzJhxSJ_IR/
Why FTX CEO Sam Bankman-Fried Is Supporting Solana Amidst Several Hacks?

On late Tuesday, Solana finally came up with an explanation after its recent exploit.

Sam Bankman-Fried in his interview praised Solana for its growth amidst the downfalls and risks it decided to take.

Read More :https://coinpedia.org/hack/why-ftx-ceo-sam-bankman-fried-is-supporting-solana-amidst-several-hacks/
Look at the top 8 #DeFi Projects by TVL.

The total value locked (#TVL) in decentralized finance has come awfully close to reaching the $100 billion mark again, but fell short this week.

#Makerdao dominates the pack by 9.67% with the protocol’s $8.34 billion locked. Followed by the rest.

Today, the value locked across the defi #ecosystem is $86.22 billion as the TVL has lost 3.34% during the past 24 hours.
Stay updated with top 5 gainers and Losers by marketcap today.

Crypto market has continued to rise from the previous day with the mark of $1.10T is up by 1.43%. The total trade volume is up by 3% at $67B. The largest currency Bitcoin is trading on ground of $23,193 and Eth at $1,722.

The Fear and Greed Index is on the fear side at 31.
Bitcoin Bulls in Danger! BTC Price To See Short-Term Downtrend This Week

As the king coin tries to overcome significant resistance on the upside, the price is stuck close to the $23,000 support area. The upward momentum is waning, and the BTC bulls are beginning to appear worn out.

The coin price fell to the $22600 support area at the end of July before reversing as the BTC price showed multiple higher price rejections at the resistance trendline.

Read More: https://coinpedia.org/bitcoin/bitcoin-bulls-in-danger-btc-price-to-see-short-term-downtrend-this-week/
The new week begins with a markable gain.

The global #cryptocurrency market cap is #trading higher at the $1.08T mark, at $1.11T. The trading volume falls to $42.2B and the largest currency #Bitcoin is witnessing a rise trading at $233,345. #ETH continues at the $1,715 mark with the #dominance of 18.8%.

The Fear and Greed index shows #Fear Sentiment at 30
Altcoins to Watch This Week! ADA, LINK & QNT Could Be the Best Bet

As Bitcoin prices are ranging high, the altcoins also follow the suit and testing their respective resistance levels

Popular assets like Cardano, Chainlink & Quant may thrive hard and surge highs by the end of the week

Read More: https://coinpedia.org/price-analysis/altcoins-to-watch-this-week-ada-link-qnt-could-be-the-best-bet/
Here’s Why It’s a Crucial Week For Crypto Market, What Bitcoin (BTC) Traders Can Expect?

Bitcoin bulls are trying hard to set their foot above the $24,000, although on the other hand financial analyst Justin Bennett said that this week’s release of inflation data will be the biggest test of the year by far for the cryptocurrency markets.

The trader said in a new video that statistics from the Consumer Price Index (CPI) and Producer Price Index (PPI) might shake the macro environment and have a big impact on cryptocurrency.

Read More: https://coinpedia.org/bitcoin/heres-why-its-a-crucial-week-for-crypto-market-what-bitcoin-btc-traders-can-expect/
The #crypto market was able to hold gains showing hopeful signs. The market cap is up by 2.01% at $1.13T. The total trading volume at $80B. The major #cryptos are in green. The Fear and Greed index at 42 showing #Fear.

#BTC continues to Trade at $23, 854 & #ETH at $1,779.
#Bitcoin outshines the market and emerges as the best-performing asset class this decade.

#Bitcoin continues to lead the pack of #cryptocurrencies in terms of market capitalization, user base, and popularity.

#Tesla's revenue grew to around 53.8 billion U.S. dollars in the 2021 fiscal year, a 71% increase can be seen as the second best performing asset in the chart.

Here are some #assets that have held on throughout steep price climbs and nosedives.
Ripple vs SEC: One-Liner Reply by the SEC Amuses the Defense Lawyer

The Securities and Exchange Commission has replied to a request from Ripple and individual defendants to serve subpoenas to two non-parties in order to verify seven videos of public statements made by SEC officials.

Updates provided by defense attorney James K. Filan states that”The SEC has filed a one-line response to the Ripple Defendants’ efforts to enforce Judge Netburn’s ruling on the authentication of videos of SEC officials’ remarks. The SEC says it takes no position on Ripple’s request to reopen fact discovery.”

Read More: https://coinpedia.org/ripple/ripple-vs-sec-one-liner-reply-by-the-sec-amuses-the-defense-lawyer/
Today global #crypto market witnessed a quick wick down by 3.88% at $1.08T. However, the total #trading volume is down by 17% at $69B. Cryptos are in the red this morning. #BTC is down by 0.27% & is trading at $22,942.

Despite the downtrend, the #marketcap is above $1T levels.
Ethereum Outperforms Bitcoin: Will the “King” Be Replaced Soon?

Over the past few days, the crypto market has been experiencing a slight pull down. Today brought worse news, as Bitcoin plunged below $23,000, to trade around $22,000.

On the other hand, the lead altcoin, Ethereum, has reclaimed its $1,700 price area with an increase of 0.41% over the last 24hrs- seemingly leaving the “king” behind.

Read More: https://coinpedia.org/ethereum/ethereum-outperforms-bitcoin-will-the-king-be-replaced-soon/