ETH

This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum broke under $3,000 and closes this week with a 5% loss. This latest crash in the price made a lower low which shows bears are still in control of the price action. The current support is at $2,900 and buyers have to protect this level at all costs. If they fail, then the next major support will be found at $2,500. Looking…

The post Michael Saylor Indirectly Labels ETH, XRP, and ADA As Securities appeared first on Coinpedia Fintech News Michael Saylor, A strong Bitcoin Spokesman, who now believes that any other digital currency is inferior in tech and decentralization, predicts that a spot Ethereum ETF will not be approved this summer. He also mentioned that when the ETH ETF is not approved, it will be clear that is a commodity where he indirectly hinted at other Altcoins like BNB, SOL, ADA,…

The post Furrever Token (FURR) Emerges as Investors’ Top Choice Amidst Solana (SOL) and Ethereum (ETH) Resurgence appeared first on Coinpedia Fintech News In the dynamic landscape of cryptocurrency investments, Furrever Token (FURR) has swiftly risen to prominence, capturing the attention of investors seeking both charm and potential gains. Despite the resurgence signaled by Solana (SOL) and Ethereum (ETH), FURR stands out as the top choice among discerning investors. Its unique blend of whimsical charm, promising returns, and vibrant community…

As top crypto coins like Solana (SOL) and Ethereum (ETH) navigate volatile market conditions, a new contender emerges with the potential to lead the 2024 bull run. Rollblock (RBLK), which marks another advancement in the DeFi ecosystem, makes a debut in the world of online gambling. Utilizing blockchain technology, Rollblock provides very quick transactions, little fees, and an easy-to-use ecosystem destined for growth. Meanwhile, this growth defined by the remunerative revenue-sharing system could see the rising star outshine established SOL…

The post Can Furrever Token (FURR) Maintain its Lead Over Ethereum (ETH) and Shiba Inu (SHIB) Following its Presale Success? appeared first on Coinpedia Fintech News Amidst enduring challenges, Ethereum (ETH) and Shiba Inu (SHIB) have been navigating turbulent waters in recent times. Both cryptocurrencies have faced downward trends and market volatility, prompting concerns among investors and enthusiasts alike. However, amidst this backdrop of uncertainty, Furrever Token (FURR) has emerged as a surprising contender, surpassing ETH and SHIB with its…

Hong Kong debuts Bitcoin and Ethereum spot ETFs today. Ethereum according to officials is not a security under Hong Kong laws. According to reports, the spot Bitcoin (BTC) and  Ethereum (ETH) Exchange-Traded Fund (ETF), which began as speculation commenced trading Today in Hong Kong. This development has established a new precedent for both BTC and ETH, as they aim for fresh all-time highs. Bitcoin and Ethereum ETF Trading Begins in Hong Kong A report from Wu Blockchain revealed that three…

The post Ethereum Drops 10% Today! ETH Price To Plunge Below $2.8K? appeared first on Coinpedia Fintech News The altcoin leader, ETH price, started 2024 positively by adding over 79.34% in valuation, resulting in the price recording a high of $4,094.75. After trading sideways for a while, the bulls lost momentum and since then, the price has been trading under a bearish influence. Moreover, the global market cap of the crypto industry has recorded a correction of 9.87% within the…

Ethereum price started another decline and traded below $3,000. ETH must stay above the $2,800 and $2,850 support levels to avoid a major drop. Ethereum started another decline and tested the $2,900 zone. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $3,120 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $2,850…

A crypto analyst has predicted when Ethereum, the world’s second-largest cryptocurrency, will bottom against Bitcoin, however, under certain conditions.  Analyst Predicts ETH/BTC Bottom Timeline In a recent X (formerly Twitter) post, crypto analyst and founder of ITC Crypto, Benjamin Cowen, shared his forecast regarding the Ethereum to Bitcoin price ratio, projecting the timeline for when ETH/BTC would hit its lowest value in the current market cycle.  Sharing insights on the market conditions, Cowen noted striking similarities between the present market’s…