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…
ENS
Ethereum Name Services (ENS) Whales on Buying Spree as Network Activity Rises
A few weeks ago, Ethereum Name Service (ENS) price inched closer to $35. But since the beginning of July, the value has struggled to attain such heights. Currently trading at $27.38, on-chain analysis shows that things are happening behind the scenes that could soon send ENS in that direction. Record Whale Accumulation Sparks Hope for Price Rally Despite wobbling around a tight-trading range, IntoTheBlock reveals that whales have increased their ENS holdings. Specifically, the Large Holders Netflow shows that the…
10 months ago
Altcoins That Can Hit $1 Billion Market Cap in 2024: DTX, ZRO, and ENS
The post Altcoins That Can Hit $1 Billion Market Cap in 2024: DTX, ZRO, and ENS appeared first on Coinpedia Fintech News Yesterday was a big day for the whole crypto community as the Ethereum ETFs debuted in the market. According to CF Benchmarks, $1.07 billion of shares changed hands in the Ethereum ETFs. This is another catalyst for the market to run up to its all-time high. Investors are preparing for the next bull run, but the big question…
11 months ago
Ethereum Name Service (ENS) 153% Rally ‘Underway’, Analyst Says
Even though the crypto market has been quite unstable, Ethereum Name Service (ENS) has been showing a lot of growth potential. ENS has shown it can bounce back with an almost 4% rise in the last week. Its success over the last 30 days has been even better, with a 15% increase. People think that the release of Ethereum ETFs will be a big part of making ENS more well-known and appealing. These ETFs are a big change in the…
11 months ago
ENS Price Jumps 15%, Hints At Wedge Breakout Run
The post ENS Price Jumps 15%, Hints At Wedge Breakout Run appeared first on Coinpedia Fintech News Despite the market witnessing the first altcoin ETF, the overall sentiment in the top crypto loses the early excitement. As Bitcoin drops and Ethereum loses the initial surge, the top altcoins are under pressure. However, the ENS price trend teases a potential breakout rally in the coming days. With a massive surge last night, the ENS price teases an extension in the recovery…
11 months ago
Ethereum-Based Tokens Fight the Bearish Heat Here’s What’s Next for ETC, ENS & LDO Prices!
The post Ethereum-Based Tokens Fight the Bearish Heat Here’s What’s Next for ETC, ENS & LDO Prices! appeared first on Coinpedia Fintech News The much-awaited launch of the spot Ethereum ETF is just a few moments away from now. While the broader market condition is pretty shaky due to the Mt. Gox fear, Ethereum & ETH-based tokens have been displaying significant strength. Therefore, these tokens are believed to trigger a strong ascending trend as soon as the Ethereum (ETH) price…
11 months ago
ENS SkyRockets 13% Following Major Listing Announcement By Upbit
The post ENS SkyRockets 13% Following Major Listing Announcement By Upbit appeared first on Coinpedia Fintech News Ethereum Name Service (ENS) has witnessed a notable boost as it surged over 12% following a major announcement by Upbit. The news of ENS being added to Upbit’s Korean won trading market has sparked significant interest in the token. The move is anticipated to greatly enhance the token’s liquidity and make it more accessible to South Korean investors, expanding ENS’s user base in…
11 months ago
Crypto Price Analysis 7-9 BTC, ETH, SOL, BNB, TIA, SEI, BONK, ENS
Bitcoin faced intense selling pressure and volatility on Monday, dropping to a low of $54,337 and reaching a high of $58,284 before settling at $56,764. The price has recovered over the past couple of sessions and is currently trading above $57,000. Bitcoin’s recent performance has seen the cryptocurrency shed over 17% during the past month. Bitcoin (BTC) Back Above $57,000 Bitcoin (BTC) bulls managed to keep the price above $55,500, even though the cryptocurrency fell to day lows of $53,591…
11 months ago
36% Explosion! ENS Coin Steals The Spotlight In The Crypto Market
The ENS token (Ethereum Name Service) has recently taken center stage in the crypto community, sustaining a 36% rise in in the last week. This steady surge has sparked widespread interest, with some analysts predicting a prolonged bullish trend, while others advise caution. ENS: Price Explosion & Renewed Investor Interest ENS, the native token of the Ethereum Name Service, which translates human-readable domain names into machine-readable wallet addresses, surged by over 2% in the past day. This propelled the token…
11 months ago
Top Cryptocurrencies to Watch This Week: MOG, ENS, PLAY
The post Top Cryptocurrencies to Watch This Week: MOG, ENS, PLAY appeared first on Coinpedia Fintech News The crypto market is back in the green today as its total valuation jumps 4.8%, and there are some trending projects to keep an eye on this week. Let’s take a look at three coins that could see growth over the next few days. Mog Coin The meme coin meta is not slowing down, and now Mog Coin is stealing the show. It’s…
11 months ago