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
ETH Whales Take Cover In Mpeppe During Bearish Sentiment, Ethereum Price Analysis
The cryptocurrency market has always been a rollercoaster of emotions, with assets swinging between bullish optimism and bearish despair. Ethereum (ETH), one of the largest and most influential cryptocurrencies, is no stranger to this volatility. As the market takes a cautious turn, ETH whales are looking for safe havens to protect their investments, and Mpeppe (MPEPE) has emerged as an intriguing option. Roller coaster: Ethereum (ETH) Under Pressure Ethereum (ETH) has recently faced significant selling pressure, leading to a downturn…
9 months ago
Is Ethereum Headed For Trouble? Analyst Warns Of Surging Exchange Reserves
Ethereum, the second-largest cryptocurrency by market capitalization, has been under significant pressure in recent weeks. As its price continues to fluctuate, analysts have been observing its market signals to determine whether the current phase is one of accumulation or distribution. According to a recent analysis by CryptoQuant analyst Shayan, the Ethereum exchange reserve metric, which tracks the amount of ETH held in exchange wallets, is providing insights into this question. What Does The Ethereum Exchange Reserve Currently Signals? Shayan disclosed…
9 months ago
Road To $5,000: Ethereum Maintains Similarities With 2016 Price Movements
The Ethereum price action has significantly underperformed traders’ expectations over the past few months. Ethereum is currently trapped in a bearish trend, with its price now down by 23% over a 30-day period. This downturn contrasts sharply with the hopes of many ETH investors who have been anticipating a bullish surge following the launch of Spot Ethereum ETFs. However, technical analysis suggests that Ethereum’s recent performance is not unusual for the cryptocurrency, as it appears to be mirroring a similar…
9 months ago
Ethereum Price Gains May Fade Soon: Can Bulls Sustain the Recovery?
Ethereum price is attempting a recovery wave from the $2,400 zone. ETH must clear $2,550 to continue higher in the near term. Ethereum started a decent recovery wave above the $2,450 level. The price is trading above $2,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2,485 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above $2,500 to start another increase in the…
9 months ago
Ethereum Price Prediction: ETH Whales Add Mpeppe To Holdings
Ethereum (ETH) whales have been making headlines with their latest strategic move: adding Mpeppe (MPEPE) to their portfolios. This development comes as a surprise to some, but for those familiar with the potential of Mpeppe (MPEPE), it’s a calculated move that could pay off handsomely. Ethereum’s Current Market Outlook Ethereum (ETH) has long been a cornerstone of the crypto market, known for its robust smart contract capabilities and wide-ranging applications across decentralized finance (DeFi), non-fungible tokens (NFTs), and more. However,…
9 months ago
Ethereum Investors Spend Big On Mpeppe’s (MPEPE) New Gambling Token
In the ever-evolving world of cryptocurrency, investors are always on the lookout for the next big opportunity. While established tokens like Bitcoin (BTC) and Ethereum (ETH) continue to dominate the headlines, a new contender is rapidly gaining attention: Mpeppe (MPEPE). This new gambling token has recently caught the eye of Ethereum (ETH) investors, who are spending big in anticipation of its potential. Ethereum’s Performance and Investor Sentiment Ethereum (ETH), the second-largest cryptocurrency by market cap, has faced a challenging period…
9 months ago
What’s Next For Bitcoin, Ethereum, And Ripple, As September Starts Bearish?
The post What’s Next For Bitcoin, Ethereum, And Ripple, As September Starts Bearish? appeared first on Coinpedia Fintech News The cryptocurrency market has resumed September on a bearish note. This comes after Bitcoin and Ethereum ETFs had a steep fall on the charts. Consequently, Blackrock, the 3rd largest Bitcoin holder has liquidated some of its position. This has resulted in FUD amongst a few investors. With this, questions like “Is the crypto bull run delayed?” and “Will the crypto bull…
9 months ago
Major Ethereum ETH Investors Take Notice Of Mpepe & PlayDoge, Here’s Why
We have notice that a significant number of major Ethereum (ETH) investors have shifted their focus towards two new and promising presales: Mpeppe (MPEPE) and PlayDoge (PLAY). Here’s why these projects are catching the attention of seasoned crypto enthusiasts and why they could be the next breakout stars in the meme coin and play-to-earn (P2E) sectors. PlayDoge (PLAY): A Swift ICO Success PlayDoge (PLAY) has quickly established itself as a major contender in the meme coin space. Completing its Initial…
9 months ago
Ethereum Price Prediction, ETH ETF & Upcoming Ethereum Gambling Platform
Ethereum (ETH) has long been a cornerstone of the cryptocurrency market, acting as the foundation for numerous decentralized applications and smart contracts. However, recent developments in the Ethereum (ETH) ecosystem have left investors with mixed feelings, particularly regarding the much-anticipated Ethereum (ETH) ETFs. This article delves into the current state of Ethereum (ETH), the market’s reaction to the newly launched ETFs, and how an upcoming Ethereum-based gambling platform, including the promising Mpeppe (MPEPE), is poised to capture the attention of…
9 months ago