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 Bounces Strongly While Stacks Remain In The Red; Rebel Satoshi Sets The Stage For 100x Memecoin Gains
With Ethereum (ETH) gaining more adoption, experts say ETH could surge to $3,700.44 in the coming weeks. Stacks (STX) is expected to drop to the $2.144 mark within the next two weeks. Rebel Satoshi ($RECQ) shines as it delivers impressive returns of 120% in the ongoing $RECQ blockchain ICO. Amid volatile market conditions, the $RECQ cryptocurrency ICO is emerging as an attractive cryptocurrency investment opportunity. While top crypto coins like Ethereum and Stacks are showing mixed signals, let’s see how…
1 year ago
Parity Wallet Hacker Moves $9 Million in Ethereum, $246 Million Still Under Control
The post Parity Wallet Hacker Moves $9 Million in Ethereum, $246 Million Still Under Control appeared first on Coinpedia Fintech News Cyver Alerts took to X, highlighting the Parity wallet hacker moved 3050 ETH worth $9 million through the eXch platform. The vulnerability in Parity’s Multisig Wallet version 1.5+ allowed the perpetrator to get away with a staggering amount of Ethereum, causing substantial financial losses. With 83,017 ETH, valued at a staggering $246.6 million, remaining untouched at the primary address,…
1 year ago
Solana and Ethereum Struggle to Recover, Furrever Token Offers $20,000 Competition to Lift Spirits
The post Solana and Ethereum Struggle to Recover, Furrever Token Offers $20,000 Competition to Lift Spirits appeared first on Coinpedia Fintech News In the current climate of market volatility, investors closely monitor the challenges faced by prominent entities like Solana and Ethereum as they navigate obstacles in their recovery journey. Yet, amidst this atmosphere of uncertainty, Furrever Token emerges as a beacon of hope. Introducing a $20,000 competition aimed at revitalizing its community spirit. Ethereum (ETH) Faces Potential Price Drop…
1 year ago
Ethereum Nears $3,000 Following Profitable Signal From MVRV Ratio! Here’s The Next ETH Price Level
The post Ethereum Nears $3,000 Following Profitable Signal From MVRV Ratio! Here’s The Next ETH Price Level appeared first on Coinpedia Fintech News In the past few hours, the cryptocurrency market has experienced a rebound after several days of trading within a narrow range. Bitcoin’s price surged past $63,000, pushing Ethereum close to the $3,000 mark. Despite this, the rising dominance of Bitcoin suggests a potential bearish pullback for altcoins. However, the current dip could be profitable for buyers, as…
1 year ago
Ethereum (ETH) Price Closes the Weekly Trade Below the Bull Market Support Band: What’s Next?
The post Ethereum (ETH) Price Closes the Weekly Trade Below the Bull Market Support Band: What’s Next? appeared first on Coinpedia Fintech News The crypto markets are stuck within a range, while the Bitcoin price is struggling to combat the bearish heat and sustain above the crucial support. Moreover, BTC dominance is also soaring, which indicates that the star crypto is enjoying maximum attention from traders. As a result, the other altcoins, mainly Ethereum, feared trading within the descending pattern,…
1 year ago
Ethereum Price Takes Hit and Turns At Risk of Fresh Lows
Ethereum price is gaining bearish momentum below $2,950. ETH might continue to move down toward the $2,550 support in the near term. Ethereum struggled to clear the $2,950 resistance and started a fresh decline. The price is trading below $2,920 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,910 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bearish momentum if there is a move below…
1 year ago
SSV Network Revolutionizes Ethereum Staking Landscape: Review
The SSV Network revolutionizes Ethereum staking with decentralized infrastructure and its native token. Through SSV technology, validator keys are securely generated, split, and distributed among non-trusting nodes. The SSV Network is a transformative force in Ethereum staking, introducing innovative solutions to overcome barriers and foster accessibility in the ecosystem. Through its decentralized infrastructure protocol and native token, SSV is reshaping the landscape of staking on Ethereum, offering a pathway for broader participation and enhanced security. The SSV protocol’s inception stems…
1 year ago
Trump’s Remarks Trigger 86,000% Surge in Value for Lucky Crypto Trader’s Ethereum Memecoin Investment: On-Chain Data Analysis
A crypto trader has made an astounding 86,000% gain on their investment in the Ethereum-based meme coin MAGA (TRUMP), turning $6,500 into $5.6 million. Donald Trump’s recent endorsement of cryptocurrencies, has coincided with a surge in the value of MAGA (TRUMP) coin, indicating potential voter support for candidates advocating crypto-friendly policies. As per the latest on-chain data, one lucky crypto trader has minted a staggering 86,000% gains on his investment in an Ethereum-based meme coin MAGA (TRUMP). As per the…
1 year ago
JPMorgan Struggles to Find Catalyst for Bitcoin and Ethereum Price Pump: KangaMoon Presale On Pace to Hit $7 Million
Amid the current relief rally, Bitcoin, the leading cryptocurrency, slipped back to $62,500, with other cryptos recording massive declines. JPMorgan made headlines with its analysis, maintaining a cautious stance on Bitcoin and Ethereum in the short term, suggesting no immediate catalysts for bullish price movements. Meanwhile, KangaMoon (KANG) hits over $6.5 million in revenue funding and could become the next 100x altcoin in 2024. JPMorgan Says Bitcoin Remains Bearish in the Short-Term Wall Street Giant JPMorgan has maintained a cautious…
1 year ago