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
Navigating the World of Ethereum: Price Fluctuations and Technical Functionality
Are you trying to understand the ups and downs of Ethereum? You're not alone. The Ethereum price can go up or down because of many things like demand, new technology, changes in rules, and how people feel about the market. This article will show you how to deal with these price changes and explain how Ethereum works. Get ready to learn more. Key Takeaways Ethereum's price changes due to supply and demand, market feelings, competition, and new rules. Understanding these…
1 year ago
5 Best Cryptos to Buy in Preparation for the Market Rally Following The Ethereum ETF Approval
The United States Securities and Exchange Commission (SEC) recently pushed forward the deadline surrounding the decision on the approval of digital asset management firm Grayscale’s Ethereum ETF. Through a filing that was published on March 22, the SEC noted that it would postpone the March 31 deadline to May 30. Then, they would decide if they would approve or not approve this Trust exchange-traded fund. However, the Web3 community is optimistic about the outlook, and are already accumulating cryptocurrencies in…
1 year ago
The Next Online Shopping Revolution? Toncoin (TON) & Ethereum (ETH) holders Rush To Get Into Stage 6 Pushd (PUSHD) Still Only $0.125
The anticipation of the next online shopping revolution has Toncoin (TON) and Ethereum (ETH) holders rushing to get into Stage 6 of Pushd (PUSHD), still available at the competitive price of $0.125. This rush underscores the crypto community's recognition of Pushd’s (PUSHD) platform as a transformative force in e-commerce, combining the security and transparency of blockchain with the convenience and scalability of online shopping to create a new paradigm in retail. Toncoin (TON) Envisions a New Era of E-Commerce Toncoin…
1 year ago
Ethereum Founder Thinks Meme Coins Can Be More Than Fun, Simple Tokens
Vitalik Buterin, the co-founder of the Ethereum network, believes meme coins can become higher quality projects that contribute positively to the crypto ecosystem and the world around them, squashing the narrative that such tokens are useless, racist, and sexist. According to a new report titled “What Else Could Meme Coins Be?,” Buterin looks forward to seeing meme coin projects that support public goods instead of enriching insiders and creators. He urged creators to make games instead of just tokens. Meme…
1 year ago
Ethereum Price Gearing For Another Lift-Off to $4K: Increase Isn’t Over Yet
Ethereum price is holding gains above the $3,500 zone. ETH could gain bullish momentum if it clears the $3,680 resistance zone in the near term. Ethereum retested the $3,450 and is currently moving higher. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,540 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it settles above…
1 year ago
Investment Efficiency: Comparing the ROI Efficiency of Ethereum (ETH), Shiba Inu (SHIB), and Furrever Token
The post Investment Efficiency: Comparing the ROI Efficiency of Ethereum (ETH), Shiba Inu (SHIB), and Furrever Token appeared first on Coinpedia Fintech News Amidst fluctuations impacting major cryptocurrencies like Ethereum (ETH) and Shiba Inu (SHIB), Furrever Token (FURR) shines as a haven of potential, enticing investors with prospects of up to 15-fold gains. As Ethereum and Shiba Inu navigate through unpredictable price shifts, the attractive prospects of FURR highlight its stability and allure within the dynamic realm of cryptocurrency. Bolstered…
1 year ago
Tags
EthereumTags
EthereumEthereum Hits 1 Million Validators Prompting Community Concerns
The Ethereum network has reached a noteworthy milestone by attaining one million validators. Based on data from the Dune Analytics dashboard developed by Hildobby, the quantity of ETH staked has risen to 32 million, with an approximate value of $114 billion at current market rates. This figure accounts for 26% of the total Ethereum supply. Ethereum’s New Milestone The data also reveals that around 30% of the staked ETH is attributed to Lido, a liquid staking platform designed for PoS…
1 year ago
BlackRock’s Larry Fink: Ethereum ETF Feasibility Unaffected by Security Designation
BlackRock’s CEO Larry Fink expressed confidence in the feasibility of an Ethereum ETF, even if ether is designated as a security. Despite regulatory uncertainties and the SEC’s cautious stance, the market optimism for Ethereum ETFs remains high. Recently, CNF reported that BlackRock, a leading asset manager, anticipates the SEC’s approval for an Ethereum ETF, buoyed by their success with Bitcoin ETFs. This development underscores the growing confidence in digital assets. During a Wednesday interview on Fox Business, BlackRock’s notable foray…
1 year ago
XRP ETF Likely to Beat Ethereum in Approval Race: Valkyrie Funds CIO
XRP and Litecoin ETFs are seen as more likely to gain approval over Ethereum ETFs, as indicated by Valkyrie Funds’ CIO. Regulatory outlook and market perspectives favor XRP and Litecoin due to less ambiguity compared to Ethereum. Valkyrie Funds’ Chief Information Officer (CIO) recently engaged in a fireside chat, the insights from which were shared by Fox Business reporter Eleanor Terret. As a leading financial services firm, Valkyrie Funds uniquely merges traditional finance with the dynamic digital asset sector. Stationed…
1 year ago