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 ETF on the Horizon, Solana Becomes Fifth Largest Crypto, and Furrever Token to Soar
The post Ethereum ETF on the Horizon, Solana Becomes Fifth Largest Crypto, and Furrever Token to Soar appeared first on Coinpedia Fintech News As the crypto market continues to evolve, major developments are taking centre stage. Solana has recently become the fifth-largest cryptocurrency, showcasing its growing influence and resilience in a competitive landscape. Meanwhile, Ethereum is making headlines with the anticipated approval of its first ETF, which could further solidify its dominance and attract institutional investors. Amidst these significant advancements,…
1 year ago
Donald Trump Presidential Campaign Now Accepts Bitcoin, Shiba Inu, XRP, Solana, Ethereum and Dogecoin
The post Donald Trump Presidential Campaign Now Accepts Bitcoin, Shiba Inu, XRP, Solana, Ethereum and Dogecoin appeared first on Coinpedia Fintech News Donald Trump’s presidential campaign now accepts donations in cryptocurrencies, as disclosed in a press release yesterday via Trump’s official campaign website and X handle. Trump’s supporters can visit the official campaign website to support his presidential bid using eight cryptocurrencies: Bitcoin, Shiba Inu, XRP, Solana, Ethereum, USDC, Dogecoin, and 0x. Supporters can donate anything ranging from $20.42 to…
1 year ago
Top Analyst Predicts Ethereum Price To Surge $5000, Here What You Need To Know?
The post Top Analyst Predicts Ethereum Price To Surge $5000, Here What You Need To Know? appeared first on Coinpedia Fintech News Bitcoin has been making new highs since it surpassed its November 2021 peak last week. This bullish trend in the leading cryptocurrency continues to positively influence the entire market. With Ethereum ETf approval imminent many analysts see Ethereum price surging to $5000 soon. Ethereum Aim for Big: $5000 In a recent tweet, a prominent cryptocurrency analyst shared insights…
1 year ago
Ethereum Co-Founder Predicts Supply Crunch From ETFs, This Is The Price Target
Joseph Lubin, co-founder of Ethereum and CEO of blockchain technology firm Consensys, has expressed that the potential approval of spot Ethereum ETFs by the US Securities and Exchange Commission (SEC) could lead to significant supply constraints for Ether. This development is anticipated to be a “watershed” moment for Ethereum. In an exclusive interview with DL News, Lubin predicted that the approval of spot Ethereum ETFs will unlock substantial institutional demand. Given that many institutions have begun their crypto investments with…
1 year ago
VanEck’s Ethereum Spot ETF Listed by DTCC Amid SEC Decision Countdown
VanEck's proposed Ethereum spot ETF has been listed on the DTCC under the ticker $ETHV, but it remains inactive pending SEC approval. DTCC Listing: What It Means VanEck's proposed spot Ethereum ETF has been listed on the Depository Trust and Clearing Corporation (DTCC) under the ticker $ETHV. This development marks a significant step forward for the ETF, despite not assuring approval from the US Securities and Exchange Commission (SEC). The DTCC, which provides post-trade clearance, settlement, custody, and information services,…
1 year ago
Raoul Pal Predicts NFT Boom with Ethereum Rally
The post Raoul Pal Predicts NFT Boom with Ethereum Rally appeared first on Coinpedia Fintech News Crypto expert Raoul Pal highlights Ethereum’s recent surge to an all-time high, noting the anticipated decision of the SEC regarding a spot Ethereum ETF expected by May 23. Analysts have increased the approval chances to 20%, which resulted in a 20% surge in ETH’s price in just one day. Pal also suggests that the high demand for the ETF, 30% of ETH being staked,…
1 year ago
Top Low-Cap Altcoins Poised For 10x Rally Ahead of Ethereum ETF Approval
The post Top Low-Cap Altcoins Poised For 10x Rally Ahead of Ethereum ETF Approval appeared first on Coinpedia Fintech News With the crypto market going ballistic overnight, the bull run is starting in Bitcoin and the altcoins. Further, the altcoins find a sharp increase in uptrend momentum as the discussions around the Ethereum ETF are turning hot. With the increasing possibility of the Ethereum ETF getting approval, smart money is looking out for altcoins that may experience direct bullish influence. …
1 year ago
Ethereum Bull Trap: A Double-Edged Sword for Investors; Two Potential Outcomes for ETH Price
The post Ethereum Bull Trap: A Double-Edged Sword for Investors; Two Potential Outcomes for ETH Price appeared first on Coinpedia Fintech News All over the crypto community, the spotlight has turned to the potential approval of spot Ethereum exchange-traded funds (ETFs). While some see this as a golden opportunity, a closer look at the implications shows they need to be cautious. As the U.S. Securities and Exchange Commission (SEC) prepares to possibly begin the approval process for Ethereum ETFs, investors…
1 year ago
Decision on Ethereum Spot ETF Approval On the Horizon: Here are the Top Altcoins to Watch This Week
The post Decision on Ethereum Spot ETF Approval On the Horizon: Here are the Top Altcoins to Watch This Week appeared first on Coinpedia Fintech News The second-largest token in the market, Ethereum, displayed a strong move towards the north after undergoing silent moves for over 20 months. The merger or the hard forks also did not have an impact on the ETH price as the fresh rounds of spot Ethereum ETF approval knocked into the crypto space. With this,…
1 year ago