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…
Ethereum
Ethereum Whales Are Concerned As Analysts Predict ETH To Drop Below $2600, Mpeppe (MPEPE)’s Support Increases
Recently, Ethereum (ETH) whales have voiced growing concerns as analysts predict that ETH may dip below the $2,600 mark. Amidst this turbulence, the AI-driven casino project Mpeppe (MPEPE) has emerged as a beacon of support, drawing increased attention and investment. This article delves into the dynamics between Ethereum (ETH) and Mpeppe (MPEPE), exploring the factors influencing market sentiments and the strategic importance of blockchain technology in this landscape. Ethereum (ETH) Whales Alarmed by Potential Price Decline Ethereum (ETH) whales, large…
9 months ago
Ethereum (ETH) and Shiba Inu (SHIB) Won’t Deliver a 15x Return for Spot Holders, But This Token Under 0.10 Will
The concept of getting rich quickly in the crypto market has attracted many people towards Ethereum (ETH) and Shiba Inu (SHIB), which are among the most sought-after crypto assets. Do not imagine however that either of these would give you 15x returns based on such expectations. ETH and SHIB like it or not are stones of the past and if any market holder has dreams of massive returns from these two there is little to be hoped for. But there…
9 months ago
Crypto Price Analysis 9-26 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGWIFHAT: WIF, TONCOIN: TON, COSMOS: ATOM, AKASH NETWORK: AKT
Bitcoin (BTC) retreated from $64,000 late on Wednesday after reaching a peak of $64,780, just short of the crucial $65,000 price level. The overall crypto markets saw a slight retreat, with the market cap falling by 0.82% to $2.23 trillion. BTC is down almost 1% over the past 24 hours but could look to push back above $64,000 if buyers can regain momentum. While BTC retreated, the crypto markets tested new monthly highs when its market cap climbed to $2.25…
9 months ago
Ethereum Demand Driven By Use In On-Chain Applications, Token Transfers: CoinShares
Ethereum (ETH) demand is largely driven by the token’s use in on-chain applications and token transfers, according to a report by CoinShares. Ethereum’s Use-Cases Have Increased, But Long-Term Value Is Missing In a recently published detailed report, CoinShares’ Matthew Kimmell noted that despite Ethereum’s potential to host popular applications in the future, investors are struggling to see a significant value proposition in its native ETH token. Since its inception in July 2015, Ethereum has made big strides as it has…
9 months ago
Ethereum Price Set to Rise Again, But Will This Level Hold?
Ethereum price started a downside correction from the $2,700 resistance. ETH is now above the $2,550 support and might aim for more gains. Ethereum is aiming for a fresh increase from the $2,550 support. The price is trading below $2,620 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,620 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,550 support to start a fresh…
9 months ago
Ethereum Whales Spend $185 Million To Accumulate 70,000 ETH, Time To Buy?
Ethereum has largely mirrored Bitcoin in terms of price action and has yet to break out on its own accord in the past few months. According to price data, Ethereum is up by 13% in the past seven days, outpacing Bitcoin’s increase of 5.8% in the same time frame. Behind this interesting increase in Ethereum are some large Ethereum holders who seem to be increasing their holdings. Notably, on-chain data from multiple analytics platform points to an uptick in activity…
9 months ago
Ethereum Gains On Bitcoin Following Fed Rate Cut: Altseason Soon?
Ethereum (ETH) price has outshined Bitcoin (BTC) over the last week since the US Federal Reserve (Fed) slashed interest rate by 50 basis points (bps) on September 18, 2024. Ethereum Gains On Bitcoin, Prelude To Altseason? Ethereum has had an impressive last few days as far as its price action is concerned. ETH has surged by 16% to $2,666 since the Fed cut rates for the first time in four years. BTC has risen by 9% in the same period,…
9 months ago
Forget Shiba Inu (SHIB), Dogecoin (DOGE), And Pepe (PEPE), Buy This Ethereum Token If You Want To Be A Crypto Millionaire
In the world of cryptocurrency, everyone dreams of making that one life-changing investment. While meme coins like Shiba Inu (SHIB), Dogecoin (DOGE), and Pepe (PEPE) have had their moments in the sun, investors now recognize that the future lies in projects offering tangible utility and value. ETFSwap (ETFS), built on the solid foundation of the Ethereum blockchain, is emerging as the token with serious millionaire-making potential. Why ETFSwap (ETFS) Is Where Smart Investors Are Moving Their Resources ETFSwap (ETFS) is…
9 months ago
This Token is On Track to Skyrocket from Under 10 Cents to $10 in 2025, Solana (SOL) and Ethereum (ETH) Whales Are Taking Notice
One can notice that Rexas Finance (RXS) is unique in its approach when it comes to the current cryptocurrency challenges owing to its focus on Real World Asset (RWA) tokenization. With a solid structure aimed at broadening the scope of asset ownership and improving the market’s liquidity, RXS has attracted such serious investors as Solana and Ethereum whales. Also, market experts believe that the growth of RXS, which is now less than 10 cents in price, will rise within the…
9 months ago