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
Donald Trump Holds $2M of Ethereum and $7M of TRUMP – Can ETH ETF Propel Prices to New ATH?
Donald Trump’s cryptocurrency holdings exceed $10 million, significantly influenced by the TRUMP memecoin. Ethereum ETF Impact Could Propel ETH to Record Highs. According to recent updates by CNF On-Chain Data Analysis, Donald Trump’s cryptocurrency holdings have notably exceeded $10 million. This surge is primarily attributed to the TRUMP memecoin, which now constitutes $7.1 million of his portfolio. This memecoin, inspired by Trump himself, has seen a staggering increase of 17,200%, showcasing a 129% rise in just the last 30 days…
1 year ago
Ethereum (ETH) Bulls Be Cautious as More Investors Accelerate Profit Taking
The post Ethereum (ETH) Bulls Be Cautious as More Investors Accelerate Profit Taking appeared first on Coinpedia Fintech News After an impressive rally following the approval of spot Ethereum exchange-traded funds (ETFs) in the United States, ETH’s price against the United States has experienced a significant resistance level of around $3,900. The large-cap altcoin, with a fully diluted valuation (FDV) of about $465 billion and a total circulating supply of around 120 million, is on the cusp of exploding to…
1 year ago
Pepe Coin Price Prediction For June: Is This New Dog Meme Coin on ETH a Better Buy?
Pepe (PEPE) continues its meteoric ascent, reaching a new all-time high of $0.00001717 before a marginal pullback. The PEPE price is currently trading at $0.000017, with a market capitalization of just under $7 billion. With a staggering 140% rally over the past month, Pepe coin is now the 19th largest cryptocurrency by market capitalization, data from CoinMarketCap reveals. Additionally, its $2.7 billion daily trading volume tops that of large-cap altcoins such as Solana and XRP. However, investors are now facing…
1 year ago
When Will the SEC Approve Spot ETH ETF Registration Statements? ETF Expert Predicts Timeline
The post When Will the SEC Approve Spot ETH ETF Registration Statements? ETF Expert Predicts Timeline appeared first on Coinpedia Fintech News On May 23rd, the U.S. SEC approved eight ETF 19b-4 application forms from BlackRock, Fidelity, Grayscale, ARKInvest, VanEck, Invesco Galaxy, and Franklin Templeton. Since then, speculations have been going wild about when the ETH ETFs will be listed and go live for trading. While Bitcoin ETFs took years to get listed on the NYSE finally, ETF experts believe…
1 year ago
Investor Secures Profits as Bitcoin (BTC) Nears Record High, Invests in Ethereum (ETH) Competitor That Soared 2000% in a Day
As Bitcoin (BTC) edges closer to its record high, investors are looking for the next big opportunity in the cryptocurrency market. One such investor has decided to diversify their portfolio by securing profits from Bitcoin and investing in Retik Finance (RETIK), a promising competitor to Ethereum (ETH) that has recently made headlines by soaring 2000% in a single day.Bitcoin has long been the cornerstone of the cryptocurrency market, acting as a digital gold standard for new and experienced investors. With…
1 year ago
DeFiance Capital Foresees ETH Soaring To $4,500 Pre-Ethereum ETF Trading
As the US Securities and Exchange Commission (SEC) approved all the spot Ethereum ETF applications, despite increased regulatory uncertainty surrounding the cryptocurrency, investors are becoming more optimistic about the potential for ETH’s price to reach new heights. Bullish Sentiment Surrounds Ethereum ETF Approval DeFiance Capital Founder and CIO Arthur Cheong predicts that ETH could reach an annual high of $4,500 before the newly approved index funds begin trading, surpassing its mid-March high of $4,096. This projection falls just short of…
1 year ago
Trading Expert Who Sold Ethereum (ETH) at $4,800 ATH Accumulates Massive Bag of Retik Finance (RETIK) At Launch
Strategic timing and market insights can make the difference between significant gains and missed opportunities. One trading expert, renowned for his timely exit from Ethereum (ETH) at its all-time high (ATH) of $4,800, has recently made headlines again by accumulating a massive bag of Retik Finance (RETIK) at its launch. The move has sparked considerable interest and speculation within the crypto community, highlighting Retik Finance as a potentially game-changing player in the decentralized finance (DeFi) market. Ethereum Success and Strategic…
1 year ago
Ethereum (ETH) ETF Hype Boosts Crypto Market: Binance Coin (BNB), Toncoin (TON) and Rollblock (RBLK) Gain Traction
After Bloomberg ETF analysts revised their Ethereum ETF approval probability, the broader market experienced an upswing, with most altcoins recording additional gains in price value. Alongside this, BNB announced its plans to utilize AI to enhance its ecosystem. Toncoin on the other hand, has been experiencing declining investors' bullishness. Meanwhile, Rollblock (RBLK), an emerging online crypto casino, is scaling to greater presale heights, with an increased buying frenzy. Its revenue-share model and robust ecosystem have positioned Rollblock among the best…
1 year ago
Michael Saylor’s Bullish Turn on Spot ETH ETFs
The post Michael Saylor’s Bullish Turn on Spot ETH ETFs appeared first on Coinpedia Fintech News In a 360-degree turnaround, Michael Saylor unexpectedly made a bullish statement regarding Spot ETH ETFs. Earlier, Saylor strongly criticized Ethereum and other cryptocurrencies, as he claimed those digital currencies were investment contracts and that assets like Ethereum would never be wrapped in spot Ethereum ETFs. But in a recent interview, Saylor completely reframes his narrative after the ETH ETF approval, stating the Ethereum ETF…
1 year ago