Coinbase Predicts Bullish Surge for ETH Despite 2022 Underperformance

The post Coinbase Predicts Bullish Surge for ETH Despite 2022 Underperformance appeared first on Coinpedia Fintech News The leading CEX, Coinbase, is quite bullish on ETH’s price potential despite its underperformance in 2022. The exchange claims that ETH may surprise to the upside in the coming months and considers Ethereum to be the heart of the existing DeFi landscape, a position unlikely to change anytime soon due to the widespread adoption of the Ethereum Virtual Machine (EVM) and its layer…

ETH Bullish Outlook: SEC’s Struggles to Block Ethereum Spot ETFs, Fuels Confidence in $5,000 Breakthrough

Ethereum (ETH) is experiencing a potential short-term bullish trend as it breaks away from a recent period of sideways movement. Opinions among industry experts are divided, with skepticism from Nate Geraci regarding the SEC’s ability to reject spot ETH ETF applications. Ethereum (ETH) is poised for a potential short-term bullish surge on Wednesday, breaking free from a five-day period of horizontal movement. Recent discussions in the crypto sphere have been ignited by a decline in revenue on the ETH Mainnet…

ETH/BTC Ratio Declines to Three-Year Low Despite Market Recovery: What’s Next for ETH Price?

The post ETH/BTC Ratio Declines to Three-Year Low Despite Market Recovery: What’s Next for ETH Price? appeared first on Coinpedia Fintech News Bitcoin’s price surged robustly towards $66K following softer-than-expected U.S. inflation data. This push has brought the crypto market close to resistance levels. However, the ETHBTC ratio has been declining sharply. Analysts see this as a sign of declining interest in Ethereum’s price as Bitcoin’s ETF hype continues to attract altcoin investors. Negative Sentiments Impact Ethereum     The price ratio…

Investors Shift From Solana (SOL) and Ethereum (ETH) Meme Coins to Online Casino Extraordinaire Rollblock (RBLK)

The crypto market is increasingly moving away from Solana (SOL) and Ethereum (ETH) meme coins. Instead, traders are switching focus to coins with utility as utility season beckons. In the lead of such a shift is Rollblock (RBLK) – a Stage 1 presale star that many analysts hint to become the next $1 break out crypto star in 2024. Solana (SOL) Reveals Arcium Solana (SOL) has recently been making waves in the crypto market. Notably, Solana announced that the first parallelized…

Ripple CTO Discloses Purchase of 40,000 ETH During Ethereum ICO

Ripple’s chief technology officer, David Schwartz, disclosed his purchase of 40,000 Ethereum (ETH) during the ICO days, which he later exited at $1. Had he retained his investment until now, its value would have surpassed $100 million as of the current Ethereum price. Ripple’s chief technology officer David Schwartz recently shared some details about his Ethereum purchases in the early days of the Initial Coin Offering (ICO). during the early days of the ICO, the Ripple CTO purchased a total…

A Big Warning for Crypto Users: Massive ETH Deposits Into Tornado Cash Traced to Notorious Hacker

The post A Big Warning for Crypto Users: Massive ETH Deposits Into Tornado Cash Traced to Notorious Hacker appeared first on Coinpedia Fintech News A large sum of 1000 ETH (about $3 million) was found going into Tornado Cash from a wallet with the address 0x454249291af33ad5681eD07DfD5165c1cB1aA625. This money is said to come from Bo Shen Hacker, a bad actor known since 2022 for illegal acts. This news was shared in a tweet by CertiKInsight, a web3 security firm calling for…

Ethereum Nears $3,000 Following Profitable Signal From MVRV Ratio! Here’s The Next ETH Price Level

The post Ethereum Nears $3,000 Following Profitable Signal From MVRV Ratio! Here’s The Next ETH Price Level appeared first on Coinpedia Fintech News In the past few hours, the cryptocurrency market has experienced a rebound after several days of trading within a narrow range. Bitcoin’s price surged past $63,000, pushing Ethereum close to the $3,000 mark. Despite this, the rising dominance of Bitcoin suggests a potential bearish pullback for altcoins. However, the current dip could be profitable for buyers, as…

Ethereum (ETH) Price Closes the Weekly Trade Below the Bull Market Support Band: What’s Next?

The post Ethereum (ETH) Price Closes the Weekly Trade Below the Bull Market Support Band: What’s Next? appeared first on Coinpedia Fintech News The crypto markets are stuck within a range, while the Bitcoin price is struggling to combat the bearish heat and sustain above the crucial support. Moreover, BTC dominance is also soaring, which indicates that the star crypto is enjoying maximum attention from traders. As a result, the other altcoins, mainly Ethereum, feared trading within the descending pattern,…

Ethereum (ETH), Rollblock (RBLK), Ripple (XRP), and Binance (BNB): The Biggest Crypto News Of The Past Week

The post Ethereum (ETH), Rollblock (RBLK), Ripple (XRP), and Binance (BNB): The Biggest Crypto News Of The Past Week appeared first on Coinpedia Fintech News The world of cryptocurrency is forever evolving with movers and shakers continuously making waves with industrious breakthroughs and innovative ideas. This week is no different, with major updates from some of the top crypto coins in the market. Below is a swift glance over the most important events concerning Ethereum (ETH), Rollblock (RBLK), Ripple (XRP),…

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