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…
ETH
Ethereum (ETH) Investors Believe This New ETH ICO Will Rock The Crypto Market
The cryptocurrency market is no stranger to groundbreaking developments, but the buzz surrounding the latest Ethereum (ETH)-based ICO, Mpeppe (MPEPE), suggests that something truly special is on the horizon. Ethereum (ETH) investors, known for their keen eye on innovative projects, are increasingly optimistic that Mpeppe (MPEPE) could be the next big thing to rock the crypto market. Here’s why this new ICO is capturing the imagination of ETH holders and what it could mean for the future of digital assets.…
10 months ago
Crypto Price Analysis 8-21 BTC, ETH, SOL, DOGE, XRP, UNI, TIA
Bitcoin (BTC) briefly climbed above $61,000 on Tuesday but could not stay above this level as sellers immediately drove the price back towards $60,000. Growing selling pressure forced BTC back below $60,000, with the cryptocurrency currently trading around the $59,500 mark. Crypto markets registered a notable increase on Tuesday, with all major cryptocurrencies registering gains. However, markets have hit a rough patch, with most coins in the red at present. The anticipation around the Federal Reserve meeting minutes and the…
10 months ago
Could ETH Reach $3,500 Again by Year-End? Plus 3 Altcoins Set for 200% Growth in 2024
Ethereum has shown signs of a potential surge, sparking curiosity among investors. Questions arise if it can hit $3,500 by year's end. Additionally, three promising altcoins are poised for substantial gains, possibly growing by 200% in 2024. This article explores the factors behind Ethereum’s potential rise and unveils the altcoins that could lead the market. Ethereum (ETH) Ethereum (ETH) is trading between $2489 and $2759.74, with recent bearish trends presenting a unique opportunity for growth. Currently below its 10-day SMA…
10 months ago
Crypto Price Analysis 8-20 BTC, ETH, SOL, BCH, MKR, DOT, WIF
Despite recent struggles, Bitcoin (BTC) has reclaimed the $60,000 price level and is trading at $61,100, up over 4% during the past 24 hours. BTC and Ethereum (ETH) were trading flat early on Monday but quickly shrugged off the initial lethargy to record noticeable gains. Other cryptocurrencies, such as Toncoin (TON), also made considerable gains on Monday, buoyed by the news of a partnership between HashKey and GameFi project Catizen. DYDX has also recorded an uptick as traders remain optimistic…
10 months ago
Ethereum Transaction Costs Hit Historic Lows: What Does This Mean For ETH?
According to recent insights from a CryptoQuant analyst, Ethereum’s daily mean gas price has reached an all-time low, falling to roughly 2.9 Gwei. This decline in gas prices correlates with a significant drop in daily transaction fees, which now average merely $0.85, marking a multi-year low for the network. The analyst reported that this cost reduction comes amid a stable or slightly increasing daily transaction volume compared to the past two years, suggesting that lower fees haven’t deterred user activity on…
10 months ago
Ethereum Sees Major Outflow From Mega Whales – ETH Price Drops Below $2,600
The crypto market has been challenging, and Ethereum (ETH), the second-largest cryptocurrency, is no exception. Despite its dominant position, the token has faced significant headwinds in recent weeks, with its price showing no signs of a sustained recovery. Key Metrics Point To Continued Bearishness According to crypto analyst Ali Martinez, some of the largest Ethereum whales, holding over 10,000 ETH, have been steadily selling their tokens over the past month, with no indication of slowing down. This mass exodus of…
10 months ago
Ethereum (ETH) and Mpeppe (MPEPE) Holder Are Happy as Both Are Predicted to Explode By 300x
Ethereum (ETH) and Mpeppe (MPEPE) are not just making waves; they’re creating a tidal wave of excitement among investors. Both assets are on a trajectory that suggests they could explode by 300x, and here’s why holders are buzzing with enthusiasm. Ethereum (ETH)’s Enduring Influence and Future Potential Ethereum (ETH)’s blockchain continues to be a pillar in the cryptocurrency ecosystem. Its innovative smart contract capabilities and the ongoing development of its infrastructure make ETH a powerhouse in the digital asset space.…
10 months ago
Ethereum Price Turns Lower: Can ETH Bounce Back From $2,550?
Ethereum price started a pullback from the $2,680 resistance. ETH is now declining and remains at risk of more downsides if it fails to stay above $2,550. Ethereum started a fresh decline below the $2,650 level. The price is trading below $2,680 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,610 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it drops below the…
10 months ago
What’s Happening? Big Crypto Whales Exit Solana (SOL) and Ethereum (ETH) for Small Cap Token Priced Under $0.05
A notable trend is taking place in the crypto market as large investors, or "crypto whales," start to exit major cryptocurrencies like Solana (SOL) and Ethereum (ETH). This exodus comes at a time when Solana and Ethereum are both facing bearish outlooks, with analysts predicting significant price declines. The move by these whales is not a reaction to market volatility alone but a pivot towards a smaller, undervalued token, MoonTaurus (MNTR), which is currently priced at just $0.01. The Decline…
10 months ago