Ethereum

Ethereum price extended its increase and tested $3,840. ETH is holding gains and seems to be eyeing a move toward the $4,000 level. Ethereum started a fresh increase and traded above the $3,750 resistance zone. The price is trading above $3,700 and the 100-hourly Simple Moving Average. There is a short-term bullish trend line forming with support at $3,710 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up unless there is a…

Jan Happel and Yann Allemann, the co-founders of the on-chain analytics platform Glassnode, recently suggested that Solana (SOL) could make a significant move to the upside in its Ethereum pair. They alluded to the likelihood of Ethereum rising higher as another reason SOL will likely “soar.” Solana To Make A 90% Move Against Ethereum Happel and Allemann, through their shared X account (@Negentropic), highlighted a “clear Cup and Handle pattern” on the SOLETH chart, which suggests Solana will move 90%…

As Ethereum picks up pace in the recent market upswing, attention turns to lesser-known cryptocurrencies that might follow its lead. The surge has ignited interest in these alternatives, which may possess the potential for significant growth. Investors are keen to identify which ones could mirror Ethereum’s success. This article dives into a curated selection of promising cryptocurrencies that are catching the eye of savvy market participants looking to capitalize on the current bull run. BlastUP Presale: A Beacon of Predictability…

The post SEC Indicates to Exchanges a Likely Approval for Spot Ethereum ETFs, Listings Expected This Week: Sources appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission (SEC) is reportedly leaning towards approving exchanges for listing Ethereum spot ETFs (Exchange-Traded Funds). According to sources familiar with the matter and a report by Barron’s, the regulatory body made comments that suggest the approval process is moving forward and could be finalized as early as this week. SEC Is…

The post Anthony Pompliano on Ethereum ETF Approval: The Last Dam to Be Broken for the Crypto Industry appeared first on Coinpedia Fintech News The possible SEC approval of the spot Ethereum ETF has everyone in the crypto space talking. Even strong voices, such as Anthony Pompliano, have suggested that this can be a momentous occasion for the whole crypto industry.  Anthony Pompliano’s Take on Ethereum ETF Approval Anthony Pompliano is one of the prominent Bitcoin maximalists and entrepreneurs who…

The post Altcoin Market Cap Signals Inevitable Bull Run to All-time High Soon Led by Ethereum appeared first on Coinpedia Fintech News The next two weeks will mark a major turning point for the entire altcoin industry as the United States House of Representatives prepares to vote on the crypto bill dubbed Financial Innovation and Technology for the 21st Century Act (FIT21). Additionally, the United States Securities and Exchange Commission (SEC) will vote on the spot Ethereum ETFs later this…

The Ethereum price has risen almost 20% in the last 24 hours. This is a positive development for the second-largest crypto token, which has been lagging until now. Ethereum’s price surge is believed to be due to several factors, including the potential approval of the Spot Ethereum ETFs.  SEC Could Soon Approve Spot Ethereum ETFs Ethereum has risen on the news that the Securities and Exchange Commission (SEC) could approve the Spot Ethereum ETF applications. Before now, it was almost…

Data suggests users on Binance responded to the Ethereum exchange-traded fund (ETF) news by aggressively longing the cryptocurrency. Ethereum Net Taker Volume On Binance Has Just Seen Its Biggest Candle Ever As explained by CryptoQuant community manager Maartunn in a post on X, the Ethereum Net Taker Volume has observed a sharp increase after rumors have surfaced that the ETH spot ETFs have a renewed chance of gaining approval. The “Net Taker Volume” here refers to an indicator that keeps…

As the Bitcoin and Ethereum prices hav barreled toward a new all-time high, short-term traders have been suffering the brunt of the liquidations. In the last day alone, over $330 million was liquidated from the crypto market and the majority of this has been from short traders who expect prices to fall once again. Over 78,000 Traders Liquidated For $330 Million Coinglass data shows that the last 24 hours have been brutal for crypto traders. In this short time, more…