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
Crypto Price Today: Altcoins Outperform Bitcoin and Ethereum ; Is a Market Shift Underway?
The post Crypto Price Today: Altcoins Outperform Bitcoin and Ethereum ; Is a Market Shift Underway? appeared first on Coinpedia Fintech News At present, the cryptocurrency industry is not at its glorious period. In the last 30 days, the top two cryptos, Bitcoin and Ethereum, have suffered dips of 1.9% and 11.1%, respectively. With crypto price today reflecting these recent losses, many investors are questioning the potential for recovery. Although it is expected that the market will witness bullish momentum…
9 months ago
Will Ethereum Rally? Metalpha Dumps Another $51M in ETH
The post Will Ethereum Rally? Metalpha Dumps Another $51M in ETH appeared first on Coinpedia Fintech News In the ongoing choppy cryptocurrency market, Metalpha, a giant asset management firm based in Hong Kong, is gaining significant attention from crypto enthusiasts due to its continuous Ethereum (ETH) dump. On September 11, 2024, the on-chain analytic firm TheDataNerd made a post on X (previously Twitter) that Metalpha had dumped another 22,000 ETH worth $51.16 million to Binance. Metalpha Dumps $51 Million Worth…
9 months ago
Ethereum Name Service Integration Enhances Crypto Transfers on PayPal and Venmo
Ethereum Name Service (ENS) has integrated with PayPal and Venmo, enabling users to transfer cryptocurrency using ENS names and simplifying the transaction process for over 270 million U.S. users. ENS For Venmo, PayPal Users Venmo and PayPal users will now be able to transfer cryptocurrency using Ethereum Name Service (ENS) names. On September 10, ENS Labs, the team behind the Ethereum-based domain protocol, announced a significant integration with PayPal and Venmo. This partnership will enable over 270 million U.S.-based users…
9 months ago
Get Ready for a Bull Run: Analysts See Huge Potential in Solana, DTX Exchange (DTX) and Ethereum
The post Get Ready for a Bull Run: Analysts See Huge Potential in Solana, DTX Exchange (DTX) and Ethereum appeared first on Coinpedia Fintech News In recent weeks, there has been some news that worries the crypto space. Notably, new US jobs in August did not increase as expected, with only 142,000 jobs instead of the 164,000 analysts thought. This has also made some waves in the crypto market as analysts now look for tokens with amazing growth potential that…
9 months ago
STRK Bulls Tap Into New Casino Coin Mpeppe (MPEPE) Whilst Ethereum (ETH) Continues To Dip
As Ethereum (ETH) continues to face downward pressure, savvy investors are looking for alternative growth opportunities. Starknet (STRK) bulls, in particular, are shifting their attention to a new and exciting project: the casino-focused meme cryptocurrency, Mpeppe (MPEPE). With the potential to offer high rewards in a volatile market, Mpeppe (MPEPE) is quickly gaining popularity, especially among those seeking to diversify beyond traditional digital assets. Mpeppe (MPEPE) Brings Excitement and Risk to the Forefront Meme coins, by their very nature, bring…
9 months ago
STRK and Mpeppe (MPEPE) Outperform Ethereum As Investors Confidence in ETH Suffers
With recent market shifts, Starknet (STRK) and Mpeppe (MPEPE) have emerged as two of the most promising cryptocurrencies, outshining even Ethereum (ETH). Investor confidence in Ethereum (ETH) has wavered, while Starknet (STRK) and MPEPE continue to surge due to their unique utility in De-Fi and GameFi. Here’s how these two tokens are outperforming the market and why they’re gaining momentum as Ethereum (ETH) stumbles. Starknet’s Unique Scaling Solutions Outclass Ethereum’s Struggles While Ethereum (ETH) faces scalability challenges, Starknet (STRK) has…
9 months ago
Ethereum Price Eyes Bullish Momentum: Is a Breakout Imminent?
Ethereum price is attempting a fresh increase wave above $2,300. ETH might gain bullish momentum if it clears the $2,400 resistance zone. Ethereum is attempting a recovery wave above the $2,300 zone. The price is trading above $2,330 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,335 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,400 resistance to continue higher in the near term.…
9 months ago
Bitcoin Millionaire Says This Ethereum Token will Run 4,500% In 20 Days, Here’s Why
When a seasoned Bitcoin millionaire who has navigated the highs and lows of the market places a bold bet on an Ethereum token, it's worth paying attention. The token in question is ETFSwap (ETFS), and this crypto veteran is predicting an astonishing 4,500% surge in just 20 days. Bitcoin Millionaire Predicts ETFSwap (ETFS) Will Skyrocket As someone who has seen the volatile nature of the crypto market firsthand, the Bitcoin millionaire's prediction for the ETFSwap (ETFS) token carries significant weight.…
9 months ago
58% of Ethereum (ETH) Traders Are Long, Price Rally Incoming?
The post 58% of Ethereum (ETH) Traders Are Long, Price Rally Incoming? appeared first on Coinpedia Fintech News In this ongoing market reversal, the Ethereum (ETH) price is poised for a significant rally as bulls are currently dominating the assets. According to the on-chain analytic firm CoinGlass, 58.15% of top Ethereum traders are holding long positions, while 41.85% are holding short positions. Source: CoinGlass Traders Sentiment are Bullish for Ethereum This data suggests that bulls are back and could trigger…
9 months ago