ETH

Amidst the carnage of the current cryptocurrency market crash, Solana ($SOL) is holding up well, especially against its $BTC and $ETH pairings. Is this a sign of things to come for Solana? With $BTC down around 4.3% so far on Friday, and with the entire crypto investment space probably wondering just how much further it might fall, $SOL is holding up extremely well in comparison. A lot of the altcoins are doing a lot worse than $BTC, so this makes…

The crypto markets have left traders sweating as prices have dropped significantly. Bitcoin (BTC) has fallen off a cliff, losing the 200-day SMA and slipping below $55,000. The cryptocurrency is currently trading at $53,937, with bears driving it even lower. Other major cryptocurrencies, such as Ethereum (ETH), Solana (SOL), and Toncoin (TON), have mirrored Bitcoin’s slump and registered significant drops as well. Crypto markets Slump As Correction Takes Hold The cryptocurrency market has seen a significant drop over the past…

The post What is the Price of Ethereum?: A Beginner’s Guide to Invest ETH appeared first on Coinpedia Fintech News Cryptocurrency is a digital or virtual currency that operates on distributed ledger technology called a blockchain and uses cryptography for security. It is decentralized and operates independently of a central bank. Popular cryptocurrencies include Bitcoin, Ethereum, Litecoin, Ripple, and Cronos. As one of the top cryptos, Ethereum (ETH) gets much attention from investors and enthusiasts. Knowing the current ETH price…

The post Ethereum (ETH) Price Drop To $3093: Is a Bigger Crash Ahead? appeared first on Coinpedia Fintech News Ethereum (ETH), the largest altcoin by market value, experienced a sharp drop in its native token, Ether, falling 6% to around $3,092 on July 4. This marks its worst daily performance in three weeks. However, Veteran crypto analyst Wolf believes Ethereum is at a crucial point, attempting a bearish move that could heavily influence its future price. Ethereum To Face Decline…

Ethereum (ETH) is experiencing a significant downturn, with its price rapidly approaching the crucial support level of $3,051. This sharp decline highlights increased selling pressure and growing bearish sentiment in the market.  As Ethereum nears this critical threshold, traders are closely monitoring its behavior for signs of either a stabilization or a further drop. The $3,051 support level is now a focal point, determining the short-term direction of Ethereum’s price action and potentially setting the stage for future movements in…

Bitcoin (BTC) has seen a sharp drop during the week, with selling pressure continuing to mount. The cryptocurrency is struggling to trade above $60,000 and is down by over 2% during the ongoing session. Additionally, the gains made by altcoins are also beginning to turn red as the crypto market sees a significant slide. Is this a correction, or are we seeing the bull market ending? Bitcoin (BTC) Dives Below $60,000 Bitcoin (BTC) fell to a low of $59,317 on…

As the global financial markets prepare to launch U.S.-based spot Ethereum exchange-traded funds (ETFs), Ethereum is positioned to potentially outperform Bitcoin, according to a new analysis by K33 Research. This comes amid concerns that Bitcoin might face downward pressure due to upcoming repayments to creditors of the defunct Mt. Gox exchange. ETF Launch to Begin a New Era for Ethereum Ethereum has lagged behind Bitcoin in performance over the last year, with the former surging 67% while the latter by…

Ethereum (ETH) has become a beacon in the sea of blockchains, boasting a staggering 92% surge in dApp (decentralized application) volume over the past week. This news, however, comes with a layer of complexity, revealing a landscape of both opportunity and potential setbacks for the leading blockchain. Cheap Gas Fuels The Fire Analysts attribute the dApp volume explosion to the Dencun upgrade in March, which significantly reduced gas fees – the cost associated with processing transactions on the Ethereum network.…

Bitcoin (BTC) is back in the red during the current session after failing to break past the $64,000 mark on Tuesday. Many were buoyed by Bitcoin’s recent price movements and expected the recent price rise to signal the end of the asset’s recent correction, with the price set to reach new highs. Bitcoin (BTC) Price Analysis Bitcoin (BTC) has started the current session firmly in the red after ending Tuesday just above the $62,000 mark, as sellers made a strong…