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 Price Holds Support – Why ETH Could Soon Rally 5%
Ethereum price is holding gains above the $3,120 resistance zone. ETH could soon rally if it clears the $3,280 resistance zone. Ethereum extended its increase above the $3,220 resistance zone. The price is trading above $3,165 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,170 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $3,280 resistance zone. Ethereum Price…
1 year ago
NuggetRush Presale Feels Like Spotting Ethereum At $100″ – Presale Investor Believes He’s Early On The Next Big Coin
● NuggetRush (NUGX) is a new crypto with practical utility as a play-to-earn (P2E) game where participants build mining empires, earn income, collect NFTs, and participate in multiple in-game activities. It supports artisanal mining communities and has a strong governance model. ● Ethereum (ETH) prices saw a modest rise after Hong Kong approved spot Bitcoin and Ethereum ETFs. Whales bought the dip, expecting further growth. Hong Kong's unique ETF model contrasts with expectations of the US SEC denying similar applications.…
1 year ago
Ethereum (ETH) Surge Drives 15% Increase in Shiba Inu (SHIB), Furrever Token (FURR) Eyes Up to 15X ROI
The post Ethereum (ETH) Surge Drives 15% Increase in Shiba Inu (SHIB), Furrever Token (FURR) Eyes Up to 15X ROI appeared first on Coinpedia Fintech News In the wake of Bitcoin’s halving, the cryptocurrency market witnesses a significant resurgence, with Ethereum (ETH) leading the charge with a notable surge, catalyzing a 15% increase in the value of Shiba Inu (SHIB). Amidst this dynamic landscape, a new player emerges with promising prospects—Furrever Token (FURR). Positioned as the next big meme coin,…
1 year ago
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EthereumEthereum Spot Premium Reaches Highest Level Since October 2023 Says Top Analyst
The post Ethereum Spot Premium Reaches Highest Level Since October 2023 Says Top Analyst appeared first on Coinpedia Fintech News A recent analysis by prominent crypto trader Daan Crypto Trades highlights a significant development in the Ethereum market. According to Daan Crypto Trades, the spot premium for Ethereum (ETH) has surged to its highest level since October last year. Despite this, Ethereum’s price has doubled since then, indicating substantial progress. Ethereum’s spot premium hits highest As per the latest data…
1 year ago
Ethereum Resurgence: TRON Founder Justin Sun Goes On 127,388 ETH Buying Spree
The second-largest crypto token by market cap, Ethereum (ETH), looks set to make a massive market recovery following recent buys suspected to be made by Tron’s founder, Justin Sun. Sun’s accumulation spree again highlights crypto whales’ recent bullishness on Ethereum despite fluctuating prices. Sun Allegedly Buys $405 Million Worth Of ETH In an X (formerly Twitter) post, the on-chain analytics platform Lookonchain drew the crypto community’s attention to a mysterious wallet suspected to belong to Justin Sun. This wallet is…
1 year ago
Ethereum On-Chain Health Holds Strong Amidst Open Interest Plunge – Impact On Price
Ethereum (ETH) stands as a bellwether for the industry’s ebbs and flows. As of press time, Ethereum was trading at $3,174, its price trying to reach the crucial $3,000 mark. However, beneath the surface of these seemingly stable waters lies a complex interplay of market forces and investor sentiment. Ether’s Challenging Trajectory Since last week, the lower timeframes have seen repeated breaches of the $3,000 psychological threshold, and the enthusiasm surrounding the altcoin king has significantly waned. This downward pressure…
1 year ago
Ethereum Price in Q2: 4 Reasons for FOMO and 4 for FUD
As the classic weather forecast goes in the Northern Hemisphere, April showers bring May flowers. Will it hold up for crypto exchange markets in Q2 of 2024 after a sharp correction this April? And if the market does recover in May, whose flowers will bloom brightest? Bitcoin price‘s four-year bull run seems imminent, but will Binance, Solana, Cardano, or Aptos lead DeFi gains in the second quarter, or will the king smart contract coin, ETH, fly furthest up the chart?…
1 year ago
Potential New US President to Put Entire US Budget on Ethereum Blockchain for 100% Transparency
Robert F. Kennedy announced that if he won the election, he will integrate the blockchain to enable transparency in the country’s budget. With decentralized and immutable ledgers of digital currencies coming into play, he aims to subordinate citizens of the government with enhanced oversight over public spending Robert F. Kennedy, who is running for presidential office in the US, announced a daring plan to change the information transparency in the country’s federal budget by putting the entire US budget on…
1 year ago
Curiosity Levels Spike on $RECQ as Presale Continues to Excel Amid Price Turbulence on Bitcoin and Ethereum
TLDR $RECQ offers 237% gains by the end of the presale. BTC is poised to continue its downward trend. ETH could decrease beneath the $2,700 level. Rebel Satoshi’s $RECQ is gaining recognition as one of the most viable investments in 2024 due to its exceptional performance at the ongoing presale. On the other hand, analysts expect pronounced corrections within the next Bitcoin (BTC) and Ethereum (ETH) price movements. Let’s examine the details and try to detect the best crypto investment…
1 year ago