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 vs. Bitcoin: Why ETH Could See Larger Fluctuations Soon, QCP Reveals
Regardless of both their maturity in the market, Bitcoin and Ethereum rivalry persists. According to recent insights from QCP Capital, a global digital asset trading firm and market maker, Ethereum appears to have now shown potential for larger price fluctuations compared to Bitcoin. QCP reveals that the volatility premium between these two major cryptocurrencies has seen a notable increase, with Ethereum leading in potential price swings. ETH to see Larger Price Swings than BTC Delving further into the insights shared, QCP…
11 months ago
Over 33 Million ETH Staked As Spot Ethereum ETFs Roll Out: Up Next $4,000?
Ethereum is outperforming Bitcoin at spot rates, holding firm above the support zone between $3,000 and $3,300. Although prices retraced yesterday, with the July 29 bar closing with a long upper wick pointing to weakness, ETH holders are upbeat, expecting gains above $4,000. Roughly 30% Of All ETH Staked, Validators Stand At Over 1 Million As Ethereum rejects lower lows and cements its place at second in the market cap leaderboard, other developments could spark demand in the coming sessions.…
11 months ago
Ethereum News : ETH Sell-Off Speculation Heats Up with Justin Sun’s $5.9M Transfer to Poloniex
The post Ethereum News : ETH Sell-Off Speculation Heats Up with Justin Sun’s $5.9M Transfer to Poloniex appeared first on Coinpedia Fintech News Justin Sun, the renowned entrepreneur and founder of Tron, has invited another scoop, with a second significant move involving Ethereum (ETH). Popular on-chain analytics provider Spot On Chain reports that Sun has allegedly transferred a large percentage of his Ethereum (ETH) deposit from Lido to Poloniex, a major crypto exchange. This has led to widespread Ethereum selloff…
11 months ago
First Week Sees $4B in Ethereum ETFs: What Lies Ahead for ETH Price?
The post First Week Sees $4B in Ethereum ETFs: What Lies Ahead for ETH Price? appeared first on Coinpedia Fintech News Ethereum ETFs attracted over $4 billion in the first week. Trump’s bullish speech pushed Ethereum above $3,345. Rising transaction volumes and institutional demand could drive Ethereum (ETH) to $3,500 soon. Minotaurus ($MTAUR) presale offers early participants significant savings and bonuses. Ethereum ETFs launched on July 22, attracting over $4 billion in the first week. After a price drop, a…
11 months ago
Crypto Price Analysis 7-30 BTC, ETH, SOL, TON, SHIB, ATOM, SEI
Bitcoin (BTC) touched $70,000 on Monday after surging past $69,000. However, BTC pulled back sharply after reaching this level, indicating that sellers are fiercely defending the overhead resistance, with the price dropping to $66,810. BTC was extremely bullish prior to hitting $70,000 and, despite the significant drop, remains on track to close the month of July with significant gains. July saw BTC plummet to a low of $54,000 before it made a strong recovery to surge past $65,000. Bitcoin (BTC)…
11 months ago
Ethereum Price Stabilizes: Can ETH Gain Traction for an Upswing?
Ethereum price struggled to clear the $3,400 zone and corrected gains. ETH is firm near $3,280 and might attempt another increase in the near term. Ethereum started a downside correction from the $3,400 resistance. The price is trading near $3,280 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,280 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase unless there is a close below…
11 months ago
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ETHEthereum’s Breakout Moment: Here’s Why ETH Could Skyrocket to $15,000 Soon
Ethereum, the second-largest cryptocurrency by market capitalization, has started showing signs of a bullish trajectory. Particularly, according to insights from CoinSignals, a prominent crypto analysis platform, Ethereum is poised for a significant price rally. The platform suggests that Ethereum could see its value rise to between $12,000 and $15,000 shortly. This forecast is based on positive market trends and strong fundamental performance indicators supporting a sustained value increase. ETH Fundamental Strengths CoinSignals’ optimism is backed by several key factors that…
11 months ago
After BTC ETF, 21Shares Now Integrates Chainlink for Its ETH ETF!
The post After BTC ETF, 21Shares Now Integrates Chainlink for Its ETH ETF! appeared first on Coinpedia Fintech News One of the world’s largest issuers of crypto exchange traded funds (ETPs), 21Shares, has integrated Chainlink’s Proof of Reserve (PoR) on Ethereum to make their Core Ethereum ETF (CETH) transparent. This step will enhance investors’ trust in the firm. 21Shares integrating Chainlink In a press release, 21Shares US LLC, shared the information about this integration. They have integrated the Industry standard…
11 months ago
Crypto Price Analysis 7-29 BTC, ETH, SOL, XRP, ADA, DOGE, DOT, UNI
Bitcoin (BTC) saw a slight pullback last week, dropping the price to a low of $65,117. However, it registered a strong recovery and, besides facing significant volatility on Saturday, resumed its push towards the psychologically crucial $70,000 mark. BTC’s rally could be the result of several developments over the weekend, notable being former president Donald Trump’s supportive remarks for the asset during the 2024 Bitcoin conference. Trump also proposed allocating a portion of BTC currently held by the US Department…
11 months ago