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 $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Ethereum
Book Of South Park (BOSP) Meme Token Launches on Ethereum Blockchain
Sydney, Australia, May 26th, 2024, Chainwire A new Ethereum-based meme coin, "Book Of South Park" (BOSP), has officially launched following three months of community contributions and AI-inspired animations. This token, which pays homage to the iconic animated series "South Park," aims to make a significant impact in the meme coin sector. In a groundbreaking move that merges the worlds of cryptocurrency and pop culture, there has just emerged the official launch of the “Book of South Park” meme token ($BOSP),…
1 year ago
Crypto Weekly Roundup: Ethereum ETFs Are Live, US Passes Landmark FIT21 Bill, & More
This week saw another significant decision from the SEC after the Bitcoin ETF approval in January 2024. After pushing back deadlines for months, the securities regulator has approved all spot Ethereum ETF applications. Let’s find out more about this landmark move and how it could affect the industry. Bitcoin Ethereum’s leading wallet, MetaMask, is reportedly planning to add native Bitcoin support, potentially expanding its multi-chain capabilities and further enhancing its user offerings. Ethereum VanEck's proposed Ethereum spot ETF has been…
1 year ago
Crypto Weekly Update: Ethereum Spot ETF Approval, Breaking News, and Market Analysis
The post Crypto Weekly Update: Ethereum Spot ETF Approval, Breaking News, and Market Analysis appeared first on Coinpedia Fintech News Welcome to your go-to source for all things Web3, Blockchain and Crypto! Our Weekly report dives into the freshest updates and game-changing developments in the fast-paced world. We curate the best data from trusted sources to keep you ahead of the curve. Ready to stay informed and inspired? Let’s explore the latest trends and insights together! 1. Web3, Blockchain &…
1 year ago
Whales Bet Big on THESE 5 Altcoins as Ethereum ETF Approval Nears
The post Whales Bet Big on THESE 5 Altcoins as Ethereum ETF Approval Nears appeared first on Coinpedia Fintech News Large wallet investors, or “whales,” have recently shown increased interest in Ethereum-based altcoins. On-chain crypto intelligence trackers have noted significant buying activity of ENS, UNI, AAVE, LDO, and LINK tokens. This surge follows the SEC’s recent approval of the Ethereum ETF, which analysts interpret as a positive signal for the altcoin market. With this surge in altcoin interest, the question…
1 year ago
Ethereum Price Consolidates: Here Are The Next Key Levels To Watch
Over some days, the price of Ethereum has been in a consolidation zone, moving between $3,949 and $3,627. This is a result of the rally that happened a few days ago which led to the crypto asset’s price making over 10% movement on the upside. When prices are consolidating, it can only be considered that it is building momentum to either break above the consolidation zone or below it. At this point, we cannot tell the next action the price…
1 year ago
Investors Optimistic On Ethereum (ETH) ETFs As Cryptocurrencies Gain: These 2 Ethereum Tokens Could Change Your Life This Bull Run
Exciting developments in the crypto market this week have revolved around positive news regarding a potential Ethereum ETF approval, sparking a frenzy that has led to substantial price increases for Ethereum-based coins like PEPE. Amidst this market activity, a promising new project has surfaced, poised to capitalize on the upcoming bull run. Notably, Rollblock (RBLK) is distinguished as a GambleFi protocol, introducing a unique gambling experience that sets it aside from its traditional counterparts. Ethereum Price Soar on Speculation of…
1 year ago
Analyst: Ethereum ETFs Will Have Only 10-15% of Trading Volumes Compared to Bitcoin ETFs
Analysts predict that spot Ethereum ETFs might not see the same level of interest as Bitcoin ETFs, citing lower institutional demand for Ethereum. Analysts anticipate a tepid reception based on current investor behavior and existing Ethereum-based product performance. The entire crypto market seemed to be very much excited about the arrival of the spot Ethereum ETF this week, which finally received the go-ahead from the U.S. SEC. While the ETH price rallied 25% and above in anticipation of the approval,…
1 year ago
ETFSwap’s $500 Million Goal Draws In Ethereum (ETH) And Solana (SOL) Investors
The ETFSwap (ETFS) platform has seen a surge in popularity as investors seek innovative platforms that can integrate traditional finance products into the digital asset ecosystem. With a $500 million goal, investors from Ethereum (ETH) and Solana (SOL) are shifting towards ETFSwap (ETFS) as they could earn more from merely staking their tokens. Why Investors Are Choosing ETFSwap (ETFS) ETFSwap’s comprehensive web3 marketplace caters to investors of all backgrounds, from seasoned crypto experts to those new to the space. Experienced…
1 year ago
ChatGPT Predicts Massive Ethereum Price Jump Ahead of ETF Listing
The post ChatGPT Predicts Massive Ethereum Price Jump Ahead of ETF Listing appeared first on Coinpedia Fintech News With a phenomenal return this week, the bull run is gaining momentum in the Ethereum price trend. The key reason behind the bull run is the hype around the approval of Ethereum ETF given by the SEC this week. Within a week, the Ethereum price jumped to $3,947, 53 points short of reaching the $4,000 mark. As the listing of the Ether…
1 year ago