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
New Interest Heightens On NuggetRush, XRP, And Ethereum Classic Holders Look To Move On To High-Prospect Projects
The post New Interest Heightens On NuggetRush, XRP, And Ethereum Classic Holders Look To Move On To High-Prospect Projects appeared first on Coinpedia Fintech News TLDR XRP has fallen back to the $0.60 range. Ethereum Classic (ETC) could rise to $40 again amid expectations of increased DeFi activity on its network. NuggetRush’s (NUGX) presale has generated 90% ROI as it nears an official end. XRP holders are debating the effects of the recent glitch on its ledger. Ethereum Classic’s (ETC)…
1 year ago
Gail Bell Reveals Ethereum Prediction, Crypto Feras Bullish On Polkadot, KangaMoon Presale Attracts Whales After New ATH
While the crypto market continues to recover from the recent downturn, a lot of crypto analysts have aired their opinions on the long-term prospects of some cryptos. Gail Bell is bullish on Ethereum (ETH) in the long term while Crypto Feras believe that Polkadot's price will surge soon. Meanwhile, the KangaMoon (KANG) ongoing presale has continued to attract whales. Having given early investors massive ROI, some crypto analysts have picked it as one of the best cryptos to invest in…
1 year ago
Consensys Urges SEC To Approve Spot Ethereum ETF
Consensys, the parent company of self-custody wallet MetaMask, has urged the Securities and Exchange Commission to approve a spot Ethereum ETF, emphasizing Ethereum’s security features. The Securities and Exchange Commission is reportedly looking into ETH’s status as a security, a move that has dampened market sentiment, with many anticipating a delay in an ETF approval. Consensys Submits Comment Letter To bolster the case for a spot Ethereum ETF, Consensys has submitted a comment letter to the Securities and Exchange Commission,…
1 year ago
Ethereum Gaming Platform Rocked by $4.6M Hack; Celestia and Monero Challenger Eye Impressive Returns
One of the top crypto games, Super Sushi Samurai (SSS), was recently targeted by a hacker who managed to pilfer over $4.6 million in tokens from the network. Super Sushi Samurai is built on Blast, a layer-2 network. The hack led to a significant decline in the value of SS, and it dropped by more than 99% according to the blockchain security firm CertiK. The liquidity pool used for decentralized finance services on the ecosystem was drained by the hacker…
1 year ago
Cardano Emerges as Developer Favorite: Tops Ethereum, Avalanche, Litecoin, and Tron in GitHub Activity
Cardano’s recent GitHub activity reflects a strong commitment to development, positioning the cryptocurrency for future growth despite current price fluctuations. Historical data shows Cardano’s consistent positive performance trend in April, with double-digit gains common. In March 2024, Cardano showcased significant development activity, surpassing giants like Bitcoin (BTC) and Ethereum (ETH). Despite the ongoing enhancements, the price of Cardano (ADA) has hovered below $1 since April 2022, settling currently between the $0.60-$0.64 range. Despite a recent dip from $0.79 to $0.64,…
1 year ago
ConsenSys Makes Strong Case for Ethereum ETF, Citing Security Edge
The post ConsenSys Makes Strong Case for Ethereum ETF, Citing Security Edge appeared first on Coinpedia Fintech News ConsenSys, the parent company of the popular crypto wallet MetaMask, is making a strong case for a spot Ethereum ETF (Exchange Traded Fund) in a recent comment letter submitted to the Securities and Exchange Commission (SEC). The letter argues that Ethereum’s security model makes it a more suitable candidate for an ETF than Bitcoin. While the focus has long been on Bitcoin…
1 year ago
ROI Metrics for Cryptocurrency Investment Strategies: Ethereum (ETH), Ripple (XRP), and Furrever Token (FURR)
The post ROI Metrics for Cryptocurrency Investment Strategies: Ethereum (ETH), Ripple (XRP), and Furrever Token (FURR) appeared first on Coinpedia Fintech News In the rapidly fluctuating landscape of cryptocurrencies, several tokens have shown remarkable resilience and potential for significant gains. This article delves into the performance of Ripple, Ethereum, and a unique entrant, Furrever Token, amidst a general market downturn. While traditional giants like Ethereum and Ripple navigate through market volatilities with strategic steadiness, Furrever Token emerges as a delightful…
1 year ago
New Shiba Inu Rival Built On Ethereum (ETH) Gains ETH & SHIB Investor Support
The post New Shiba Inu Rival Built On Ethereum (ETH) Gains ETH & SHIB Investor Support appeared first on Coinpedia Fintech News A new player has emerged on the Ethereum (ETH) blockchain, drawing attention from both Ethereum (ETH) and Shiba Inu (SHIB) investors. Shiba Budz (BUDZ), positioned as a formidable rival to Shiba Inu (SHIB), is not just another meme coin; it’s a project that leverages the robustness and technological advancements of Ethereum (ETH) to offer unique value propositions. This…
1 year ago
Brace For Market Impact: Ethereum Open Interest Has Reached A New All-Time High
Ethereum has, for the most part, established a foothold above the $3,500 price level throughout the week as investors continue to anticipate a return to the $4,000 mark. Interestingly, the optimism has seen the open interest of Ethereum surging to new highs. The surge in open interest, although a bullish sentiment indicator, can also serve as a bearish signal of an impending change in market trend. Ultimately, this metric added to the current dynamics of the Ethereum ecosystem, including regulatory…
1 year ago