Ethereum

Ethereum price is attempting a recovery wave above $2,420. ETH must clear the $2,500 resistance to continue higher in the near term. Ethereum is attempting a recovery wave from the $2,320 zone. The price is trading below $2,480 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,430 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,500 resistance to continue higher in the…

Leading Swiss bank Zurich Cantonal Bank is the latest financial entity to enter the crypto waters in Europe, as it unveiled Bitcoin (BTC) and Ethereum (ETH) trading services on September 4, 2024. Swiss Banking Juggernaut To Offer Crypto Services In its press release published today, the bank said its customers can avail 24/7 cryptocurrency trading and custody services via its existing digital platforms such as ZKB eBanking and ZKB Mobile Banking. The fourth-largest Swiss bank with total assets under management…

The rapidly evolving cryptocurrency market has seen a new contender rise to challenge the established Playdoge (PLAY) token. Mpeppe (MPEPE), a memecoin with a mission that goes beyond mere financial transactions, is gaining significant traction, particularly among Ethereum whales. These large investors are starting to see the unique potential of Mpeppe (MPEPE), positioning it as a serious competitor to Playdoge (PLAY). Here’s how Mpeppe (MPEPE) is capturing the attention of major players in the crypto space and what it means…

21Shares has introduced its Wrapped Bitcoin on the Ethereum blockchain, marking its second launch of this product after its debut on Solana. WBTC continues to draw attention, especially after BitGo announced plans to shift its custody to a new multi-jurisdictional model. 21Shares Introduces Second WBTC The Wrapped Bitcoin, branded as 21BTC, emerges from a partnership between 21.co, the parent company of 21Shares, and global market maker Flow Traders. According to the announcement, 21BTC is designed to provide users with “peace…

The post Ethereum Lending Markets Face 2nd Largest Liquidation in History Amid ETH Plunge! appeared first on Coinpedia Fintech News The Ethereum on-chain lending markets witnessed the 2nd largest wave of liquidations, after the 2021 market correction. The sharp move comes with the Ethereum token price falling 22% month-over-month, with the lowest price point marking a 35% drop. The massive sell-off triggered liquidations worth $436 million throughout Ethereum’s lending platforms. On the contrary, AAVE took a massive hit for $289…

Ethereum price dived below the $2,420 and $2,400 support levels. ETH tested $2,300 and is now showing signs of a decent recovery wave. Ethereum is attempting a recovery wave from the $2,300 zone. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,440 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,500 resistance to start a steady increase in…

In a strategic move that’s raising eyebrows across the crypto market, an executive from a top 20 cryptocurrency company has acquired a significant stake in a new Ethereum-based meme coin, MoonTaurus (MNTR). With this move, speculation is rife that this executive knows something the rest of us don't. The cryptocurrency industry has seen its fair share of meteoric rises, with coins like Shiba Inu and PEPE leading the charge. Now, it seems that the executive is betting big on MoonTaurus,…

The post Elon Musk Resumes Public Support For Dogecoin, Sends Ethereum Token Trading At $0.01831 Flying appeared first on Coinpedia Fintech News Elon Musk has once again stirred a reaction from the Dogecoin (DOGE) community with a post on X. The billionaire entrepreneur has rediscovered his love for Dogecoin as he shares a DOGE meme, marking a renewed show of public support for the meme coin. The excitement in the Dogecoin community caused quite a reaction to the meme coin…

The cryptocurrency market has been anything but kind to Ethereum (ETH) lately. Despite the highly anticipated launch of Spot Ethereum ETFs, which many believed would bolster the asset’s price, Ethereum continues to struggle, casting doubts on its short-term potential. As the price of ETH remains trapped in a bearish trend, large investors, or “whales,” are beginning to seek out new opportunities for massive returns—enter Mpeppe (MPEPE), a rising star in the crypto space. Mpeppe (MPEPE) Captures the Attention of Ethereum…