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
Ethereum (ETH) Up 3.66%, Solana (SOL) Navigates $796M Loss, Furrever Token (FURR) Targets $1.9M Amid Rising Interest
The post Ethereum (ETH) Up 3.66%, Solana (SOL) Navigates $796M Loss, Furrever Token (FURR) Targets $1.9M Amid Rising Interest appeared first on Coinpedia Fintech News The dynamic landscape of the cryptocurrency market is consistently shaped by notable events and trends across various tokens. This overview highlights the recent activities and significant changes concerning four specific cryptocurrencies: Ethereum (ETH), Solana (SOL), and Furrever Token (FURR). Each of these tokens has experienced unique developments—from Ethereum’s price increase due to an ancient wallet’s…
1 year ago
Ethereum Spot ETFs Approval Skepticism Persists, As ETH Recovers
Ethereum Spot Exchange-Traded Funds (ETFs) approval odds continue to witness notable pessimism as the cryptocurrency space awaits the United States Securities and Exchange Commission’s (SEC) decision on the products scheduled for May. The expectation surrounding the SEC’s decision highlights how important ETF approval is in terms of giving conventional investors more convenient access to Ethereum’s spot market. Presently, data from Polymarket, the world’s largest prediction market, shows that ETH ETF approval odds have fallen to a mere 11%. Pessimism Deepens…
1 year ago
Amid Eid Celebrations Ethereum (ETH) & Solana (SOL) Traders Find Promise in Kelexo (KLXO) Stage 2 Launch Targeting 10X Rewards
Ethereum (ETH) and Solana (SOL) are switching places in trying to recover a higher price tier. Both tokens serve as key infrastructure for decentralized applications. For now, trading is bound in a range, where Ethereum (ETH) is yet to recover $4,000 and Solana (SOL) is still away from the $200 mark. At a time when even top tokens fail to deliver, Kelexo (KLXO) is running its promising presale with a deep discount and a chance to enter a blue chip…
1 year ago
Over $500M Ethereum (ETH) Left CEXs as Market Prepares for Impulsive Move: Data
Data from IntoTheBlock revealed that investors withdrew approximately half a billion ETH from centralized exchanges last week, the highest the asset has seen since February. $500M ETH Leaves CEXs The withdrawal of large amounts of ETH from centralized exchanges signals investor confidence in the long-term price trajectory of the asset. Market participants usually withdraw their cryptocurrencies from centralized trading platforms to hold the assets in their private wallets or cold storage in anticipation of higher prices. Such large withdrawals have…
1 year ago
Crypto Betting Platform ZKasino.io Accused of Rugpull, Millions in ETH Withdrawn
The post Crypto Betting Platform ZKasino.io Accused of Rugpull, Millions in ETH Withdrawn appeared first on Coinpedia Fintech News The mysterious disappearance of the cryptocurrency betting platform ZKasino.io came to light recently, as the operation team executed a rug pull and left the users with a loss and vast sums of invested capital missing. The accusations arose after Cyvers Alerts, a renowned voice in the cryptocurrency community, sent a tweet with shocking information on the platform’s vanishing without any trace.…
1 year ago
ETH Poised for a Large Move Following Successful Defense of $3K Level: Ethereum Price Analysis
Ethereum’s price has been correcting over the last few weeks following a decisive rejection from the $4,000 resistance level back in March. Yet, the market might be about to make a U-turn. Ethereum Price Analysis: Technicals By TradingRage The Daily Chart On the daily chart, the price has been forming a large descending channel pattern since the beginning of the correction. The lower boundary of the channel has recently been tested and pushed ETH to the upside. The market has…
1 year ago
Ethereum (ETH) Eyes Resistance Level; Dogecoin (DOGE) Gains Momentum; Investors Shift to this Newly Launched AI Coin
While the week had a rocky start, the bulls have been rising to the occasion, forcing an upswing. Ethereum (ETH), the leading altcoin, is eyeing its key resistance level, preparing for a bounce. At the same time, Dogecoin (DOGE), one of the top altcoins, gains momentum and is set for another bull run. Meanwhile, investors have been casting their nets wider in the quest for 100x gems. At the top of this list is InQubeta (QUBE), a newly-launched AI coin.…
1 year ago
Ethereum Enters Accumulation Phase As $500 Million ETH Leave Exchanges
Investors are accumulating Ethereum in droves amidst what could become a return to bullish sentiment for the cryptocurrency. Ethereum is currently ranging around $3,170, with its price undergoing volatility in the past seven days. Amidst this price volatility, on-chain data has revealed an accumulation trend from Ether investors during the week. Additionally, transaction data has shown an uptick in whale movement of ETH to and from exchanges, with recent market happenings indicating a transformation in the price of the crypto…
1 year ago
Diving into Whale Investments: Ethereum (ETH), Solana (SOL), and Furrever Token (FURR) Insight
The post Diving into Whale Investments: Ethereum (ETH), Solana (SOL), and Furrever Token (FURR) Insight appeared first on Coinpedia Fintech News The cryptocurrency market continues to demonstrate both volatility and resilience, with several major tokens showing mixed performances recently. Solana (SOL) experienced a slight recovery after a substantial drop, reflecting broader market dynamics and challenges, including network issues. Meanwhile, Ethereum (ETH) maintains stability, showing minor fluctuations within a defined range, signaling a sideways trading pattern that mirrors broader financial markets.…
1 year ago