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
Vitalik Buterin Moves 80 ETH To Railgun Platform
The post Vitalik Buterin Moves 80 ETH To Railgun Platform appeared first on Coinpedia Fintech News Ethereum Co-founder Vitalik Buterin has made a significant move today as he moved 80 ETH valued at $300,000, to coin mixer Railgun, marking the latest in a series of monthly transfers Buterin has made to Railgun over the past 6 months. Railgun’s platform, known for privacy-focused coin mixing services, has attracted users who seek enhanced privacy and security in crypto transactions. Vitalik has been…
1 year ago
Ethereum Bull Trap: A Double-Edged Sword for Investors; Two Potential Outcomes for ETH Price
The post Ethereum Bull Trap: A Double-Edged Sword for Investors; Two Potential Outcomes for ETH Price appeared first on Coinpedia Fintech News All over the crypto community, the spotlight has turned to the potential approval of spot Ethereum exchange-traded funds (ETFs). While some see this as a golden opportunity, a closer look at the implications shows they need to be cautious. As the U.S. Securities and Exchange Commission (SEC) prepares to possibly begin the approval process for Ethereum ETFs, investors…
1 year ago
Shiba Inu Price Prediction – $SHIB Target If Spot Ethereum ETH Approved
Shiba Inu (SHIB), the world’s second-biggest meme coin by market cap surged by 5.75% in the last 24 hours as speculation about the possible approval of the first spot, Ethereum ETF hits the crypto market. This staggering rally propelled SHIB's value above the $0.000025 threshold. While SHIB is currently down by 6% in the past 30 days, its rally by over 5% in two weeks amid the uptrend in the broader market raises questions about where its price could be…
1 year ago
Ethereum Beats Mastercard by Market Cap Ahead of ETH Spot ETFs Approval by the SEC
Ethereum (ETH) stages a massive rebound as its market cap surpasses that of MasterCard to secure the 26th position on the global asset rankings. According to analysts, this move was triggered by the potential approval of the first spot Ethereum Exchange Traded Fund (ETF) in the US. The growing influence and acceptance of Ethereum (ETH) in the global financial system have been confirmed in the latest Odaily data, disclosing the incredible move of digital assets into the 26th position of…
1 year ago
Ethereum Rallies 24% with $4,000 in Sight as ETH Spot ETF Speculation Grows
Ethereum’s value soars by 18%, nearing $4,000 due to heightened ETF approval speculation. Potential SEC approval could significantly advance mainstream financial integration of cryptocurrencies. Ethereum has experienced a significant increase, rising 18% to a peak of $3,691, primarily driven by speculation that the U.S. Securities and Exchange Commission (SEC) might soon greenlight the first spot Ethereum ETFs. Analysts at Bloomberg have revised their approval probabilities for these ETFs from 25% to an optimistic 75%, reflecting a strong market sentiment. This…
1 year ago
Crypto Market Explodes as ETH Price Scales: LDO and PYTH Price Record Massive Gains
The post Crypto Market Explodes as ETH Price Scales: LDO and PYTH Price Record Massive Gains appeared first on Coinpedia Fintech News Just a few hours ago, the markets were stuck within a bearish consolidation as the Bitcoin price was stuck within a range of around $67,000. Many believed the price may maintain a healthy ascending consolidation and reach $71,000. However, with the rounds of the approval of spot Ethereum ETF approval, the market participants appear to be hopeful for…
1 year ago
Ethereum Soars 20%: ETH Hype Escalates on ETF Rumors
Ethereum price rallied over 20% amid rise in hopes of ETH ETF. ETH broke many hurdles and even broke the $3,500 resistance zone. Ethereum started a fresh surge and cleared the $3,500 resistance zone. The price is trading above $3,600 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support at $3,640 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up unless there is a close below…
1 year ago
Ethereum (ETH) Price Prediction: $10,000 by Year-End, Says Analyst
One analyst has predicted that Ethereum will hit $10,000 before the end of the year, citing Ethereum’s cyclical accumulation trend that has resulted in massive spikes in the past. Another analyst cautioned that ETH could first dip 10% before embarking on its bull rally, which could result in the crypto surging past its all-time high. While the bull rally in crypto has waned in recent weeks, three analysts believe that Ethereum’s best days are still ahead. One of the analysts…
1 year ago
Big Ethereum Whale With $12,000,000 ETH Bag is Bullish on New Crypto Retik Finance, Plans to Accumulate RETIK Tokens at Launch on May 21
The recent revelation of a big Ethereum whale's $12,000,000 ETH investment and bullish stance on Retik Finance (RETIK) has captured the attention of the crypto community. With plans to accumulate RETIK tokens at the launch on May 21, this whale's move underscores the growing excitement surrounding Retik Finance and its potential as a promising investment opportunity. Let us delve into the details of the Ethereum whale's investment strategy, the reasons behind their bullish outlook on RETIK, and the implications for…
1 year ago