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
Crypto Price Analysis 7-16 BTC, ETH, SOL, ADA, AVAX, UNI, ATOM
Bitcoin (BTC) has surged past $64,000, having been incredibly bullish as buyers return to the market. BTC’s recent surge indicates strong demand at lower levels, with the cryptocurrency recording weekly inflows of over $1.3 billion, according to data from CoinShares. BTC and other major altcoins could register significant upward movement should the bullish sentiment continue, potentially even reaching new all-time highs. Major Cryptocurrencies Record Significant Inflows Bitcoin (BTC) has rocketed over 12% during the past seven days as bulls returned…
11 months ago
Bitcoin Overturns the Bearish Trend Ahead of ETH ETF: $70,000 Target Activated, Here’s When It May Strike!
The post Bitcoin Overturns the Bearish Trend Ahead of ETH ETF: $70,000 Target Activated, Here’s When It May Strike! appeared first on Coinpedia Fintech News Just a few days before, the markets were filled with FUD as the Mt.Gox terror struck the market while the German government continued to sell the seized Bitcoin. Now that all the BTC have been sold, the markets have become optimistic ahead of the spot ETF launch which is scheduled for 23rd July. With this,…
11 months ago
Ethereum Jackpot: Justin Sun’s Massive ETH Withdrawal, What It Means for You?
The post Ethereum Jackpot: Justin Sun’s Massive ETH Withdrawal, What It Means for You? appeared first on Coinpedia Fintech News Justin Sun, the well-known entrepreneur and founder of Tron, has made headlines again. This time, he’s made a significant move with Ethereum (ETH). Popular on-chain analytics provider Spot On Chain reports that Justin Sun has allegedly withdrawn 14,436 ETH from the well-known crypto exchange Binance. This move has sparked curiosity and speculation in the crypto world. The Big Withdrawal –…
11 months ago
It’s Time for Spot ETH ETF: Here’s What to Expect from Ethereum Price Rally
The post It’s Time for Spot ETH ETF: Here’s What to Expect from Ethereum Price Rally appeared first on Coinpedia Fintech News Ever since Bitcoin soared above $60,000, the markets have become hopeful of incoming bullish action. The optimism surrounding the popular tokens has swelled, due to which the Ethereum price has reclaimed levels above $3,300. These bullish signals have now revived the possibility of marking $3,500 as the technicals flash clear buying signals. The spot ETH ETF is on…
11 months ago
Crypto Price Analysis 7-15 BTC, ETH, SOL, TON, XRP, MATIC, DOT
Bitcoin (BTC) bounced off its support levels last week, which held firm, indicating strong demand at lower levels. It made a strong recovery over the weekend, breaking past $60,000 with a strong rally. With demand skyrocketing at lower levels, it’s clear that institutional investors viewed the recent dip as a buying opportunity. According to data from the on-chain analytics platform CryptoQuant, institutional investors acquired 100,000 BTC during the week. Positive Signs For The Crypto Markets The cryptocurrency market had plenty…
11 months ago
Ethereum Whale Transfers 10,654 ETH Amid Bullish Recovery
The post Ethereum Whale Transfers 10,654 ETH Amid Bullish Recovery appeared first on Coinpedia Fintech News During the ongoing bullish recovery, a significant whale transfer has been recorded. A whale moved 10,654 ETH (worth $35,404,511) from an unknown wallet to Coinbase. Ethereum is currently trading at $3,326, showing an intraday increase of 2.49% and marking its 8th consecutive green candle. Additionally, $21.72 million in short liquidations occurred over the past 24 hours. With the Ethereum ETF listing decision at a…
11 months ago
Clandeno (CLD) Presale Explodes as Ethereum (ETH) Bounces Back Amid Ripple (XRP) Frustrations
The post Clandeno (CLD) Presale Explodes as Ethereum (ETH) Bounces Back Amid Ripple (XRP) Frustrations appeared first on Coinpedia Fintech News Ethereum (ETH) surges 5% in a week as gas fees slide. Ripple (XRP) recorded a 17% gain despite facing legal challenges. Clandeno (CLD) has been tipped to outperform blue-chip cryptocurrencies as the market gears up for another leg up. The crypto industry is awakening from its recent slumber, with Ethereum (ETH) and Clandeno (CLD) surging. Ripple (XRP) has surprised…
11 months ago
Ethereum ETF Launch: Analyst Predicts ETH Could Mirror Bitcoin’s 200% Surge
Analyst predict that ETH’s chart looks almost identical to Bitcoin before it surged 200% last year. Staked ETH has also been on the rise and is currently at 33. 3 million ETH, which is 27. 7% of the total supply of ETH. In a recent tweet, Bloomberg ETF analyst Eric Balchunas predicted that July 18 could mark the launch of the much-anticipated spot Ethereum ETF. This forecast comes after the Securities and Exchange Commission (SEC) made changes to the S-1…
11 months ago
Is Ethereum (ETH) About To Retest $4,000? Analyst Foresees 3x Rally
Amid the market slowdown, crypto analysts believe Ethereum (ETH) might be ready to retest key resistance levels again. Meanwhile, investors are expectant about the second-largest cryptocurrency performance as the final approval of spot ETH ETFs (exchange-traded funds) approaches. Is Ethereum ETFs Approval Already Priced In? The upcoming approval of spot Ethereum ETFs has crypto investors speculating about the launch’s impact on ETH’s performance. Renowned investor Daan Crypto Trades believes the news about the S-1 form approval won’t affect Ethereum’s price.…
11 months ago