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
Crypto Price Analysis 9-20 BTC, ETH, SOL, WIF, TAO, XRP, TON
The cryptocurrency markets remained bullish, with nearly all major cryptocurrencies registering another day of significant increases. The global crypto market registered another increase of 3.06%, pushing it to $2.21 trillion. Bitcoin (BTC) is up over 3%, while Ethereum (ETH) continues its stellar recovery, and is up almost 6% over the past 24 hours, having surged past $2,500. Other major cryptocurrencies that have registered an increase are Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Toncoin (TON), Polkadot (DOT), FET, and Bittensor (TAO).…
9 months ago
Transforming a $500B Industry: 7000+ Games, 15k Presale Registrations – How Rollblock Is Set Trump ETH, SOL and BNB for Gains
If there’s one thing market blockchain is perfect for but hasn’t really broken into yet, it’s the $500B gaming and gambling industry. Crypto presale token Rollblock (RBLK) looks set to change all that, however, as new registrations recently exceeded 15k. Investors in legacy cryptos Ethereum (ETH), Solana (SOL) and BNB (BNB) are diversifying into RBLK as an attractive proposition, not only to those who like to play games online, but also like to earn a passive income from said players!…
9 months ago
Ethereum (ETH) starts to break downtrend
Ethereum (ETH) looks to have found a bottom at long last. $2,000 may well have been that bottom, and $ETH is now starting to claw its way back up. $2,820 is the higher high that would turn the trend back around for the giant layer 1 cryptocurrency. Has $ETH turned the corner For $ETH investors, it's been a long and painful six months, in which time the $ETH price has not only continued to fall against the dollar, but also…
9 months ago
Crypto Price Analysis 9-19 BTC, ETH, SOL, DOGE, DOT, UNI, INJ
The cryptocurrency markets continued their recent uptick, with major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), and Toncoin (TON), in the green. The crypto market cap is also up over 3%. It is currently at $2.14 trillion, as markets see bullish sentiment build following the Federal Reserve’s announcement of a 50 basis point reduction in interest rates. Several analysts and market watchers, including Rich Dad Poor Dad author Robert Kiyosaki, believe the price of BTC…
9 months ago
Bitwise CIO Calls Ethereum The ‘Microsoft Of Blockchains’, Can ETH Make A Comeback?
Bitwise Chief Investment Officer Matt Hougan dubbed Ethereum (ETH) the ‘Microsoft of blockchains’, adding that none of the smart contract platform’s challenges are existential. Ethereum Has Challenges, But None Of Them Are Existential In a recent memo titled ‘A Contrarian Bet on Ethereum’, Hougan highlighted the tumbling ETH/BTC trading pair, indicating the weakening Ethereum price versus Bitcoin (BTC). At press time, the trading pair is exchanging hands at 0.038, its lowest level in three years. Compared to some of the…
9 months ago
Singapore’s DBS Bank to Offer OTC BTC and ETH Trading for Institutional Clients
DBS, Singapore's largest bank, is launching over-the-counter Bitcoin and Ethereum options trading for its institutional and accredited wealth clients in Q4 2024. DBS’s New OTC Services Singapore's largest bank, DBS, is set to expand its digital asset offerings by launching over-the-counter (OTC) options and structured notes linked to Bitcoin and Ethereum. This move, expected to be available to the bank's institutional and accredited wealth clients in the fourth quarter of 2024, marks DBS as the first Asian-headquartered bank to introduce…
9 months ago
Crypto Price Analysis 9-18 BTC, ETH, SOL, DOT, WIF, XRP, TON
Bitcoin (BTC) is back above $60,000 after registering an increase of over 3% in the past 24 hours as optimism around a Fed rate cut grew. Other cryptocurrencies, including Ethereum (ETH), Uniswap (UNI), FET, SUI, Aptos (APT), and Bittensor (TAO), registered notable gains. However, Solana (SOL), Ripple (XRP), Dogecoin (DOGE), and Toncoin (TON) remained in the red, registering notable drops. In a related development, spot Bitcoin ETFs saw a surge, adding $250 million worth of Bitcoin in a single day,…
9 months ago
Crypto Price Analysis 9-17 BTC, ETH, SOL, DOGE, DOT, SEI, TAO
Bitcoin (BTC) sank marginally lower, failing to stay above the psychologically crucial $60,000 level. BTC has struggled with adverse market conditions and a challenging environment, failing to regain momentum and trading largely between $53,000 and $60,000 for several weeks. BTC’s failure to hold on to $60,000 indicates demand is drying up at higher levels, with investor hesitation peaking. Some analysts believe BTC’s price action will be challenging to call following the Fed’s rate cut decision. Analysts state that BTC could…
9 months ago
61% Of Ethereum Holders Are Profitable But ETH Bulls Must Hold $2,290
Ethereum is wavy when writing as bulls struggle to build momentum and push the coin above the immediate resistance levels at around $2,400 and $2,800. Even so, most ETH holders are upbeat, expecting prices to turn around the corner and soar, even breaking above July highs of around $3,500. 61% Of ETH Holders In The Money Amid this development and the general lull, IntoTheBlock data shows that 61% of all ETH holders are in the money. That over 50% of…
9 months ago