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
BlastUP (BLP) at $0.055 A Parallel Opportunity to Ethereum (ETH) at its $20 Infancy, Say Analysts
Regretting not investing in Ethereum when it was just $20? Since then, Ethereum's value has skyrocketed, establishing it as a crypto market cornerstone. Its success, driven by adoption for dApps and smart contracts, makes a return to those early prices unlikely. However, as the crypto landscape matures, the excitement now shifts to BlastUP (BLP), trading at $0.055. With comparisons to early Ethereum, experts believe BlastUP is on the brink of a significant growth trajectory, potentially marking the next major shift…
1 year ago
Elon Musk Questions Vitalik Buterin’s Departure from X, Sparks ETH Community Debate
Ethereum co-founder Vitalik Buterin has in the recent past shifted his attention to the decentralized social network Farcaster in place of the X platform. The departure of Buterin from the X platform could create a huge rivalry between the Ethereum ecosystem and the Dogecoin community that supports tech billionaire Elon Musk. Elon Musk, the founder and owner of several unicorn tech companies including SpaceX and the X Corp, has expressed his disappointment with the departure of Ethereum co-founder Vitalik Buterin…
1 year ago
Shiba Inu Whale Uses Ethereum (ETH) Profits To Enter New ETH Meme Coin
The post Shiba Inu Whale Uses Ethereum (ETH) Profits To Enter New ETH Meme Coin appeared first on Coinpedia Fintech News A notable Shiba Inu (SHIB) whale is charting a new course, leveraging Ethereum (ETH) profits to venture into the emerging meme coin, Shiba Budz (BUDZ). This pivot represents more than just a shift in investment; it’s a calculated strategy that delves into the burgeoning potential of BUDZ within the Ethereum (ETH) ecosystem. This story explores the whale’s motivations for…
1 year ago
Ethereum (ETH) and Cardano (ADA) Holders Eye Kelexo (KLXO) as a High-Yield Lending Option
In the volatile cryptocurrency market, investors are always seeking promising opportunities. We delve into the market dynamics of Ethereum (ETH) and Cardano (ADA), focusing on how they’re recovering from the market correction wave. We also analyze the behavior of their investors and the opportunities they are looking into. In particular, we focus our attention on Kelexo (KLXO), a new market phenomenon. We decipher why its novel lending protocol is attracting Ethereum (ETH) and Cardano (ADA) investors. Ethereum (ETH) recovers slowly…
1 year ago
Raffle Coin (RAFF) Becomes a Buzzword Among Bitcoin (BTC) & Ethereum (ETH) Investors Eager for Distinct Investments: Experts Anticipate 20X Growth
Raffle Coin (RAFF) seems to be the new favorite project of both Ethereum (ETH) and Bitcoin (BTC) investors. They remain lit with excitement as they show their support for the emerging project. They are seeing Raffle Coin (RAFF) as an opportunity to not only diversify their portfolios but also gain huge percentages of profit. The steady rise of Ethereum (ETH) has been halted by a recent drop in prices Despite experiencing a period of steady rise in the last month,…
1 year ago
Ethereum Price Analysis: Are ETH Bulls Getting Ready For $4K Again?
Ethereum’s price has been correcting over the last couple of weeks following a decisive rejection from the $4,000 resistance level. Yet, things can potentially change for the better in the short term. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been rallying consistently in recent months before a definitive rejection from the $4,000 resistance level. The market is currently in a correction phase, with ETH consolidating below the $3,600 level. If the market is…
1 year ago
Ethereum (ETH) Enters New Era with Dencun Upgrade, Retik Finance (RETIK) and Polygon (MATIC) Bulls Eye 2024 Success
Crypto industry is witnessing a transformative period as Ethereum (ETH) gears up for a monumental upgrade known as Dencun. This upgrade marks a significant milestone for Ethereum and has far-reaching implications for the entire crypto market. Let us delve into the details of the Dencun upgrade, explore its potential impact on Ethereum's future, and analyze how it could pave the way for success for projects like Retik Finance (RETIK) and Polygon (MATIC) in the year 2024. The Dencun Upgrade and…
1 year ago
SEC’s Move To Classify ETH As A Security An Excuse To Scuttle ETF
The United States Securities and Exchange Commission is attempting to classify ETH, the world’s second-largest cryptocurrency, as a security. The move to classify ETH as a security is being seen as an attempt to scuttle the approval of a spot Ethereum ETF, something the SEC is reluctant to give the green light for. SEC Looking For An Excuse To Not Approve ETF The United States Securities and Exchange Commission is running an energetic legal campaign to classify Ethereum as a…
1 year ago
Chainlink (LINK) and Ethereum (ETH) Investors See Kelexo (KLXO) as a Major Contender in the Crypto Lending Arena
The crypto lending industry is built on the dedication to recreating traditional financial markets on the blockchain with the purpose of making them easier to access. Kelexo (KLXO) is a new entrant into this market, offering a Web 3 marketplace for lenders and borrowers to interact without needing a middle man. As a new entrant into this market, Kelexo (KLXO) is yet to make a name for itself as a prime crypto lending platform. However, it is designed with the…
1 year ago