MicroStrategy’s Saylor Bashes Ethereum (ETH), Cardano (ADA) and Ripple (XRP); Traders See Rollblock (RBLK) as a Safe Bet

The CEO of MicroStrategy, Michael Saylor, recently critiqued Ethereum (ETH), Cardano (ADA) and Ripple (XRP) as he labeled them securities. This brought about a lot of talk among traders as they now look at safer options like Rollblock (RBLK). Analysts hint that this Stage 1 presale star could be the next $0.5 token in 2024 and one of the best cryptos to buy. Michael Saylor: Ethereum ETF Will Never Come One of the top crypto coins, Ethereum (ETH), has been…

Ethereum Price Looks Ready For Another Leg Higher Over If It Holds Support

Ethereum price is extended losses and tested the $2,940 support. ETH could start a fresh increase if it clears the $3,000 and $3,030 resistance levels. Ethereum remained in a bearish zone and traded below the $3,000 level. The price is trading below $3,050 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,980 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,940…

Chainlink CCIP Integration Expands Cross-Chain Capabilities for Index Coop on Ethereum and Arbitrum

Index Coop announces the integration of Chainlink CCIP to facilitate cross-chain transfers for the DPI and MVI index tokens.  The decision to choose Chainlink CCIP stems from its proven track record and the provision of an extra layer of security.  Decentralized Autonomous Organization (DAO) and the leading provider of on-chain products, Index Coop, has made a significant decision to integrate Chainlink (LINK) CCIP on its Ethereum and Arbitrum mainnet. According to the announcement, the decision is meant to ensure the…

Forget The Price Dip: Ethereum Network Activity Hints At Imminent Takeoff

Ethereum, the world’s second-largest cryptocurrency by market cap, finds itself in a curious position. While the price struggles for direction, its underlying network is experiencing a surge in activity. Ethereum Network Sees Increase In New Users According to crypto data firm Santiment, May 4th saw a whopping 200,000 new Ethereum addresses created, marking the highest single-day growth in nearly two years. This surge suggests a renewed interest in the Ethereum ecosystem, potentially driven by factors like the burgeoning Decentralized Finance…

Ethereum (ETH) Capital Inflows Pales in Comparison to Bitcoin (BTC)

During the ongoing cycle, BTC and ETH have witnessed a growing divergence in their respective performances. According to Glassnode’s findings, this can be attributed to a general trend of weaker capital rotation, particularly in comparison to previous cycles and all-time high breakthroughs. Ethereum Receives Weak Capital Flows Leading up to bitcoin’s peak established on March 14, Glassnode observed a surge in speculative activity. As per its latest on-chain weekly report, capital accumulation was seen among the short-term holders of BTC,…

Can Ethereum Reclaim $4,000? Fragile Fundamentals Threaten To Send ETH Crashing

Ethereum has put on a disappointing performance for its investors over the last few weeks, leading to concerns on whether the second-largest cryptocurrency by market cap has lost its shine. The cryptocurrency continues to skirt around the $3,100 level, not making any significant breaks upward. This points to weak fundamentals that could trigger a price decline. Ethereum Fails To Make Meaningful Moves Markus Thielen, Head of Research at 10x Research, has pointed out some worrying developments with the Ethereum price.…

Apu Apustaja Embarks on Its Journey as a New Memecoin on the Ethereum Blockchain

[PRESS RELEASE – Arizona, United States, May 7th, 2024] Apu Apustaja, the widely recognized internet meme, has expanded its influence into the cryptocurrency market by transitioning into a memecoin. Known for its extensive popularity online, Apu now seeks to establish its presence on the Ethereum blockchain. On March 11th, 2024, Apu Apustaja was officially launched as a cryptocurrency, marking its entry into the digital currency space. This launch represents a significant development for the meme, supported by a strong community…

The Ultimate Guide to Today’s Crypto Trends: Ethereum, Shiba Inu, and Furrever Token

The post The Ultimate Guide to Today’s Crypto Trends: Ethereum, Shiba Inu, and Furrever Token appeared first on Coinpedia Fintech News As you might know, Ethererum and Shiba Inu were going through highly turbulent times for a while. However, as these top altcoins find stability, a new token emerges with a different tale to tell. With a whimsical approach to the ever-serious altcoin arena, Furrever Token (FURR) celebrates a triumphant presale by offering enthusiasts a chance to win big with…

Here’s How This Ethereum Whale Made $16 Million From A Single Trade

An Ethereum whale was recently revealed to have made $16 million from a single trade involving the second-largest crypto token by market cap. This whale’s story again highlights how conviction in an investment can be very rewarding in the crypto space.  How This Ethereum Whale Made $16 Million In A Single Trade On-chain analytics platform Lookonchain revealed in an X (formerly Twitter) post that the whale withdrew 12,906 ETH ($24.39 million) from Binance when the crypto token was still trading…

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