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 Fees Dive: Will This Spark A Surge In Network Activity?
Ethereum, the world’s second-largest cryptocurrency by market capitalization, has seen a dramatic drop in transaction fees, according to a recent analysis by Santiment, a prominent crypto analytics platform. The report indicates that the average Ethereum transaction fee has plunged to a mere $1.12, marking the lowest daily average cost since October 18th, 2023. Ethereum Transaction Fees: A Window Into Market Sentiment This significant decrease in transaction fees has sparked discussions among crypto enthusiasts and analysts alike. Santiment’s analysis suggests a…
1 year ago
Ethereum Staking Protocol Lido Finance Surpasses 1 Million Validators
Lido Finance – the leading liquid staking protocol on Ethereum – has reached a significant milestone in its development by tapping one million Ethereum validators. This essentially represents a massive scale of participation in Ethereum 2.0 staking. Such a large number of validators is expected to improve the security and resilience of the network, making it stronger against potential attacks. Additionally, it would further decentralize the validation process, thereby reducing the influence of any single entity or group. According to…
1 year ago
Market Watcher Claims Cardano and Ethereum Are Set To Skyrocket, the KangaMoon Presale To Reach $6M Soon
The post Market Watcher Claims Cardano and Ethereum Are Set To Skyrocket, the KangaMoon Presale To Reach $6M Soon appeared first on Coinpedia Fintech News Market analysts have recently predicted a huge increase in Ethereum (ETH) and Cardano (ADA) prices. Meanwhile, KangaMoon (KANG) is emerging as the best new crypto to invest in, with its presale nearing the $6M mark. Numerous analysts have pegged this new Stage 5 presale star as the next 100x crypto in 2024. Let’s see why. …
1 year ago
Bitcoin (BTC), Ethereum (ETH) and Solana(SOL) Price Prediction For This Week
The post Bitcoin (BTC), Ethereum (ETH) and Solana(SOL) Price Prediction For This Week appeared first on Coinpedia Fintech News As a new week unfolds, fresh candlesticks ignite the ongoing scrutiny of Bitcoin’s price trajectory. Cryptocurrency analyst Crypto World has brought attention to major price shifts in Bitcoin and Ethereum, offering details into pivotal levels and emerging market signals. Starting with Bitcoin, Crypto World explained the importance of a recent retest of a crucial support level in the short term. Bitcoin’s…
1 year ago
Bitcoin, Ethereum and XRP Price Prediction: Bullish Crypto Week?
The post Bitcoin, Ethereum and XRP Price Prediction: Bullish Crypto Week? appeared first on Coinpedia Fintech News With a mediocre performance by Bitcoin and major altcoins like Ethereum and XRP days after Bitcoin Halving, the crypto market is under stress. After experiencing a short but intense FUD sell-off wave, the top coins are close to a bullish pivot. However, as the prominent market gurus expect the rate cuts delayed to December, the uptrend could struggle to gain momentum. Nevertheless, the price…
1 year ago
Ethereum Price Reverse Gains, Can ETH Bulls Save The Day?
Ethereum price rallied above the $3,300 level. ETH tested the $3,350 resistance and recently started a sharp decline below $3,300. Ethereum rallied toward $3,350 before the bears appeared again. The price is trading below $3,220 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,250 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below the $3,165 support. Ethereum…
1 year ago
Ethereum (ETH) Battles Momentum Woes, Shiba Inu (SHIB) Gears Up for May 2nd Hard Fork, While Furrever Token (FURR) Sees Hype Surge in Presale
The post Ethereum (ETH) Battles Momentum Woes, Shiba Inu (SHIB) Gears Up for May 2nd Hard Fork, While Furrever Token (FURR) Sees Hype Surge in Presale appeared first on Coinpedia Fintech News Amidst the turbulent waters of the crypto markets, Ethereum (ETH), Shiba Inu (SHIB), and Furrever Token (FURR) each navigate their own challenges and opportunities. Ethereum (ETH) grapples with momentum woes, while Shiba Inu (SHIB) prepares for a pivotal hard fork on May 2nd. However, amidst this volatility, Furrever…
1 year ago
Ethereum (ETH) Soars Above $3.3K, Bitcoin (BTC) Aims for $64K (Weekend Watch)
Bitcoin’s price actions were quite bearish for the past few days once again as the asset fell to $62,300 yesterday but managed to regain almost two grand since then. The altcoins have also turned green today, with ETH jumping above $3,300 and SOL reclaiming the $140 level. BTC Challenges $64K It was just over a week ago when BTC went through its fourth halving, slashing the block rewards by half for the miners. At the time, the asset’s price had…
1 year ago
Solana (SOL) and Ethereum (ETH) Signal Uncertainty, While Investors Flock to Furrever Token (FURR): Is It Time to Invest FURR?
The post Solana (SOL) and Ethereum (ETH) Signal Uncertainty, While Investors Flock to Furrever Token (FURR): Is It Time to Invest FURR? appeared first on Coinpedia Fintech News Amidst market uncertainty, an increasing number of investors are turning to newer tokens as alternatives to established cryptocurrencies like Solana (SOL) and Ethereum (ETH). With both SOL and ETH signalling mixed signals, uncertainty looms over their short-term trajectories, prompting investors to explore alternative investment opportunities. Furrever Token (FURR) emerges as a beacon…
1 year ago