Ethereum

Altcoins like Ethereum, Cardano, Solana, and the rest might be lower at spot rates. However, according to one analyst who sees a parallel in the current formation to the 2020 market cycle, they are gearing up for a potential surge.  In a post on X, the analyst says that often, after a period of accumulation and a retest of previous highs, altcoins tend to be volatile. The crypto analyst also notes that Bitcoin has pulled back from its all-time highs…

Ethereum (ETH) is losing a key support level against its larger crypto rival, Bitcoin (BTC), amid a broader crypto market selloff that began on Monday. Data from TradingView shows that 1 ETH is now worth less than 0.05 BTC, trading for 0.04961 BTC at writing time. The last time the ETH/BTC ratio traded so low was in January, after a brief crypto market selloff after Bitcoin ETFs went live. The last rare period at a similar ratio was when ETH…

The post Latest DeFi Innovation (cFyF) Could Attract Even More Ethereum Users To Octoblock appeared first on Coinpedia Fintech News As the DeFi arena expands, the introduction of an innovative cFyF feature could serve as a catalyst pulling the Ethereum user base to Octoblock. What Is cFyF? Octoblock’s latest innovation, Crowd Funded Yield Farming (cFyF) is a popular cushion ensuring maximum yields and guaranteed airdrop eligibility. Octoblock trailblazes decentralized finance (DeFi), leading the charge with its pioneering cFyF technology. This…

Ethereum investors are navigating the second quarter of 2024, cautiously embracing optimism, leveraging insights from historical trends and market data to anticipate potential gains. Santiment’s recent analysis reveals that the number of Ethereum addresses holding coins has reached highs of more than 118,000, with midterm MVRV suggesting a mild bullish signal. These indicators, combined with past data indicating Ethereum’s tendency for robust performance during Q2, fuel hopes for another season of positive returns. Ethereum: Historically Strong Q2 Performance Crypto analyst…

Ethereum price faced rejection and dropped from the $3,650 zone. ETH retested the $3,320 support and might start another increase. Ethereum started another decline and traded below the $3,500 support zone. The price is trading below $3,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $3,420 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it settles above the $3,450 resistance zone. Ethereum…

The post Ethereum (ETH) at $3,600 Amid ETF Speculations, Shiba Inu (SHIB) Stays Steady, Furrever Token (FURR) Raises $570K in Presale Under a Month appeared first on Coinpedia Fintech News In the latest crypto recap, Ethereum (ETH) maintains its position around $3,600 amidst growing speculation surrounding the potential approval of an ETF. Meanwhile, Shiba Inu (SHIB) exhibits stability in its price movement, holding steady in the volatile crypto market. Notably, Furrever Token (FURR) has emerged as a standout performer, raising…

The post Investors Double Down On Bitcoin And Ethereum Amid Market Dips! Here’s What To Expect From BTC And ETH Price Next appeared first on Coinpedia Fintech News As we head toward the Bitcoin halving event, just a few days away, the market is experiencing a battle between the bulls and bears. Buyers are pushing hard to set a new all-time high for Bitcoin ahead of the event. Meanwhile, despite the presence of sellers at resistance levels, every dip in…

Bitwise Asset Management, a provider of cryptocurrency index funds, wants the U.S. Securities and Exchange Commission (SEC) to defer approval for a spot Ethereum Exchange-Traded Fund (ETF) until December. Bitwise Chief Investment Officer Matt Hougan told Forbes in an interview that the industry’s focus on Bitcoin-related products may hinder the necessary attention required for the development and approval of an Ethereum ETF. Spot Bitcoin ETF Success and Market Readiness The move comes in the wake of the company’s achievement with…

The post DeeStream (DST)’s Ambitious Roadmap Attracts Attention from Litecoin & Ethereum Classic for Unprecedented Gains appeared first on Coinpedia Fintech News Amidst the dynamic terrain of the cryptocurrency market, DeeStream (DST) emerges as a pioneer in transforming the industry of online streaming. As DeeStream (DST) presale enters Stage 2, it stands at the cusp of transforming how content is created. Meanwhile, Litecoin (LTC) and Ethereum Classic (ETC), two stalwarts in the crypto sphere, have also taken notice of DeeStream…