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
Solana and Ethereum Experience Minor Dips, But Furrever Token Ignites with $20,000 Giveaway Competition
The post Solana and Ethereum Experience Minor Dips, But Furrever Token Ignites with $20,000 Giveaway Competition appeared first on Coinpedia Fintech News In the swiftly evolving realm of digital assets, today’s market dynamics unveil a captivating narrative: as industry stalwarts like Solana and Ethereum encounter minor fluctuations in their trajectory, Furrever Token emerges as a beacon of excitement and opportunity. Amidst the ebb and flow, Furrever Token not only maintains its position but surges ahead, propelled by a thrilling $20,000…
1 year ago
Ethereum (ETH), Rollblock (RBLK), Ripple (XRP), and Binance (BNB): The Biggest Crypto News Of The Past Week
The post Ethereum (ETH), Rollblock (RBLK), Ripple (XRP), and Binance (BNB): The Biggest Crypto News Of The Past Week appeared first on Coinpedia Fintech News The world of cryptocurrency is forever evolving with movers and shakers continuously making waves with industrious breakthroughs and innovative ideas. This week is no different, with major updates from some of the top crypto coins in the market. Below is a swift glance over the most important events concerning Ethereum (ETH), Rollblock (RBLK), Ripple (XRP),…
1 year ago
BTC Dips Despite Massive Hong Kong Buys in U.S. Bitcoin ETFs: Ripple Effects on Ethereum (ETH)?
As the crypto market matures, it becomes more predictable. But sometimes, the markets turn the opposite way to expectations. Recently, Bitcoin ETFs have seen a massive buy-in from the lucrative Hong Kong market, and the price was supposed to rise. However, the Bitcoin price dipped 5% despite the buy-ins, which had a knock-on effect on the Ethereum price as well, with ETH losing closer to 7% of value. Bitcoin (BTC): Bitcoin ETFs precursor to price dip According to a recent…
1 year ago
Ethereum Whale Offloads Holdings Amidst Market Downturn
Ethereum (ETH) tumbled 6.45% in the past week, marking a rough stretch for the world’s second-largest cryptocurrency. Generally, Ether has left investors much to desire in recent times with a price decline of 16.57% over the last few months. Amidst this bearish market, a crypto whale has sold off all his Ethereum tokens drawing much attention from traders and market experts alike. ETH Whale Liquidates Holdings, Incurs Substantial Loss In an X post on May 11, blockchain tracking platform Lookonchain…
1 year ago
Bitcoin and Ethereum Rebound Sparks Market Optimism; Furrever Token Unveils $20,000 Competition
The post Bitcoin and Ethereum Rebound Sparks Market Optimism; Furrever Token Unveils $20,000 Competition appeared first on Coinpedia Fintech News As Bitcoin and Ethereum, the two behemoths of the cryptocurrency world, stage a remarkable recovery, a renewed sense of optimism permeates through the market. Against this backdrop of revitalized confidence, Furrever Token, an endearing newcomer to the crypto scene, steps into the spotlight with an exciting announcement. The project has unveiled a captivating competition, offering participants the chance to vie…
1 year ago
First-Mover Advantage: Why ETFSwap (ETFS) Is On The Same Path As Bitcoin And Ethereum
The post First-Mover Advantage: Why ETFSwap (ETFS) Is On The Same Path As Bitcoin And Ethereum appeared first on Coinpedia Fintech News Following in the path of Bitcoin (BTC) and Ethereum (ETH), a novel market-moving DeFi platform, ETFSwap (ETFS), has leveraged first-mover advantage to launch a premier Ethereum-based tokenized trading solution for exchange-traded funds (ETFs) in the cryptocurrency world. The first-mover advantage, just like in any other financial sector, gives a competitive edge in being the first provider of an…
1 year ago
Why the Ethereum (ETH) Price Has Been Plunging After the Dencun Upgrade: Has the Token Become Inflationary?
The post Why the Ethereum (ETH) Price Has Been Plunging After the Dencun Upgrade: Has the Token Become Inflationary? appeared first on Coinpedia Fintech News The latest Ethereum hard fork, Dencun, went live on March 13, 2024, and was deployed on the mainnet to reduce rising transaction fees. The fees have been significantly reduced while the platform’s scalability has increased, but the price appears to have had no positive impact. The ETH price faced rejection shortly after the upgrade, resulting…
1 year ago
Harvest Global Eyes China Market with Spot Bitcoin and Ethereum ETFs on Stock Connect
The post Harvest Global Eyes China Market with Spot Bitcoin and Ethereum ETFs on Stock Connect appeared first on Coinpedia Fintech News Han Tongli, the Chief Executive Officer of Harvest Global Investments, indicated that his firm might seek approval to list spot Bitcoin and Ethereum exchange-traded funds (ETFs) on the Stock Connect scheme. Their listing is expected to potentially give investors from mainland China direct access to these products in about two years. During the Bitcoin Asia conference in Hong…
1 year ago
Ethereum Foundation Moves 1,000 ETH – Is The Top In?
The Ethereum Foundation, a non-profit organization that supports the Ethereum ecosystem, recently transferred a significant amount of ETH. Given what this transaction could imply, it has drawn the crypto community’s attention, which is already speculating about whether the market top might be in. Ethereum Foundation Moves 1,000 ETH On-chain analytics platform SpotOnChain revealed in an X (formerly Twitter) post that the Ethereum Foundation transferred 1,000 ETH ($3 million) to a middle multi-signature wallet (0xbc9) on May 8. This development is…
1 year ago