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
Standard Chartered To Launch Spot Bitcoin (BTC), Ethereum (ETH) Trading Desk
UK-based Standard Chartered is officially establishing a spot Bitcoin and Spot Ethereum trading desk. The London-based desk will soon begin operations and be part of the bank’s FX trading unit. The announcement makes Standard Chartered one of the first global banks to enter the spot cryptocurrency trading space. Spot Bitcoin, Ethereum Trading Desk The new crypto trading desk will be used to purchase and sell Bitcoin (BTC) and Ethereum (ETH) directly. With the new trading desk, Standard Chartered has become…
12 months ago
Vitalik Buterin’s Recommendation In ERC-3770 For Safer ETH
The post Vitalik Buterin’s Recommendation In ERC-3770 For Safer ETH appeared first on Coinpedia Fintech News Buterin has made some important recommendations in the ERC-3770. The checksum address is a key concept in Ethereum that might push down the risk of errors and potential losses in the transactions. Buterin has urged that all wallets, especially those using ERC-3770 to make sure they are only producing checksummed addresses.The likelihood that an incorrectly typed address will be accepted as legitimate is greatly…
12 months ago
Top ETF Analyst Expects Wave of Amended ETH ETF Filings Today, Eyes SEC Approval by July 2nd
The post Top ETF Analyst Expects Wave of Amended ETH ETF Filings Today, Eyes SEC Approval by July 2nd appeared first on Coinpedia Fintech News Bloomberg ETF analyst Eric Balchunas has indicated that a significant number of amended S-1 filings for Ethereum-based Exchange Traded Funds (ETFs) are expected to be submitted today. As a result, the Securities and Exchange Commission (SEC) is set to review these amendments, with the potential final approval setting the launch of ETH ETFs by July…
12 months ago
SEC Drops Ethereum (ETH) Probe, But Consensys Litigation Marches Forward
Consensys, a leading Ethereum software company, is pressing forward with its lawsuit against the U.S. Securities and Exchange Commission (SEC), seeking greater regulatory clarity for the cryptocurrency sector, even after the SEC concluded its 14-month investigation into the Ethereum developer. SEC Investigation Closure The SEC announced the closure of its investigation on June 18, which had scrutinized the buying and selling of Ether during Ethereum's transition to a proof-of-stake consensus mechanism. The investigation, which began on March 28, 2023, also…
12 months ago
Which DeFi Token Will Surge the Highest After ETH ETF? SHIB Whales Bet on Bittensor and DTX Exchange
The post Which DeFi Token Will Surge the Highest After ETH ETF? SHIB Whales Bet on Bittensor and DTX Exchange appeared first on Coinpedia Fintech News The approval of Ethereum ETF (ETH ETF) has driven notable momentum in the altcoin market. As leading experts suggest that the trading will commence by the start of July, investors seek promising altcoins to showcase massive upside momentum with high investment returns. While the market is abuzz with ETH ETF, Shiba Inu (SHIB) whales…
12 months ago
New Memecoin Sensation Sees Presale Skyrocket, Drawing In BTC and ETH Investors
A new sensation among memecoins - Angry Pepe Fork - has soared past $120,000 in presale revenue and has drawn many investors, including those heavily invested in Ethereum and Bitcoin. This sharp rise emphasizes the ephemeral appeal of memecoins and a developing trend of seasoned cryptocurrency enthusiasts including these assets in their portfolios. Let us find out more. Angry Pepe Fork: One Of The Top Meme Coins To Invest In Despite only recently joining the presale market, Angry Pepe Fork…
12 months ago
Bitcoin Craving for Volatility While Ethereum Preparing for a Massive Move! Here’s What’s Next for BTC & ETH prices
The post Bitcoin Craving for Volatility While Ethereum Preparing for a Massive Move! Here’s What’s Next for BTC & ETH prices appeared first on Coinpedia Fintech News The crypto markets are coping with the recent losses as the major tokens, Bitcoin & Ethereum, have been demonstrating some strength. With this, the market dynamics are slowly flipping into a bullish range, and traders now expect major price action in the coming days. However, the liquidity appears to be largely flowing to…
12 months ago
Ethereum Price Gains Momentum Above $3,500 Amid Surging Whale Interest: What’s Next for ETH?
The post Ethereum Price Gains Momentum Above $3,500 Amid Surging Whale Interest: What’s Next for ETH? appeared first on Coinpedia Fintech News Ethereum has successfully overcome its regulatory challenges as the SEC concluded its investigation into ETH. This news has boosted buying confidence in ETH, even with bearish pressure on the Bitcoin price chart. Additionally, there is a notable increase in on-chain metrics, indicating potential for further upward movement in the coming hours. SEC’s Closure of Investigation Boosts On-chain Metrics…
12 months ago
Analyst Predicts ETH ETF in July: Strategic Altcoin Buys for the Upcoming Bull Run
The post Analyst Predicts ETH ETF in July: Strategic Altcoin Buys for the Upcoming Bull Run appeared first on Coinpedia Fintech News An exciting forecast has emerged for Ethereum, hinting at an ETF launch this July. With the 2024 bull run in full swing, this development could shift market dynamics. Investors are keenly watching altcoin opportunities that might benefit. The anticipation of an Ethereum ETF has sparked curiosity and strategic planning. What specific altcoins will thrive in this new landscape?…
12 months ago