Ethereum

The post Spot Ethereum ETF Volume Plummets, Price Shows Signs of Consolidation appeared first on Coinpedia Fintech News Ethereum, the second-largest cryptocurrency after Bitcoin, recently saw its price drop to $2686 reflecting a plunge of 1.8% in the last 24 hours. This decline comes amid a significant 55% drop in the volume of spot Ethereum exchange-traded funds (ETFs), with an outflow of $13 million.  Ethereum ETF Volume Decline  Over the past few weeks, the trading volume of Ethereum ETFs has…

Ethereum price is correcting gains from the $2,820 resistance. ETH could start another increase unless there is a close below the $2,645 support. Ethereum is correcting gains below the $2,780 and $2,750 levels. The price is trading below $2,720 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2,740 on the hourly chart of ETH/USD (data feed via Kraken). The pair could find bids near the $2,650 and $2,645 levels.…

Crypto analyst CrediBULL Crypto has provided deep insights into what to expect from the Ethereum price action going forward. The analyst predict that the second largest crypto token by market cap will still rise to $3,000 but noted that a crash will happen first.  Ethereum To Rise To $3,000 Soon Enough In an X (formerly Twitter) post, CrediBULL Crypto shared a chart that showed that Ethereum would rise to $3,000 sometime in September. However, the analyst’s chart also showed that…

Ethereum is in a classic accumulation phase following its recent correction and is now targeting a $3,000 price. After dropping to $2,116 just 20 days ago, ETH experienced a significant price surge, recovering to higher levels, suggesting bullish momentum was building.  This accumulation phase has drawn the attention of analysts and investors alike, who are now closely monitoring Ethereum’s price action for signs of a more significant move to the upside. The recovery from recent lows has sparked renewed optimism,…

The post Ethereum Sell-off Ahead? Institutions Dump $35M Worth of ETH appeared first on Coinpedia Fintech News The overall cryptocurrency market is turning red and has experienced a 1.75% downside momentum. Amid this market downturn, institutions are looking to sell their crypto holdings. Institutions Dumped $35M Worth Ether On August 26, 2024, an on-chain analytic firm lookonchain made a post on X (Previously Twitter) that two institutions dumped over 12,882 Ethereum (ETH) worth $35.3 million to centralized exchanges including Binance…

The post Crypto Market Shift: Bitcoin And Ethereum Whales Dump Their Bags For This Under $0.1 Token appeared first on Coinpedia Fintech News The crypto market is experiencing a paradigm shift as top Bitcoin investors and Ethereum whales dump their BTC and ETH bags to buy the ETFSwap (ETFS) viral presale token, which veteran analysts forecast will surge 100x  during the bull run. Bitcoin And Ethereum Whales Dump BTC And ETH For ETFSwap (ETFS) To Position For 100x Portfolio Gains…

The post Ethereum and Shiba Inu Plummet; DTX Exchange Prepares to Reshape $10B Global Trading Market appeared first on Coinpedia Fintech News Crypto prices are tumbling like a house of cards. With no bullish catalyst driving the market, sentiment is largely bearish and cautious, resulting in a significant decline in Ethereum’s (ETH) and Shiba Inu’s (SHIB) value. However, presale tokens are faring better, especially those with real-world use cases—not memes. DTX Exchange (DTX), a novel altcoin aiming to reshape the…

Remember how Ethereum 2.0 was meant to transform the Ethereum network into a fast, scalable and low cost environment for hosting thousands of dapps? That vision may one day come to pass but it’s fair to say that the improvements the multi-year Ethereum 2.0 roadmap have implemented so far haven’t come close to realizing that goal. Scaling blockchains that are used by millions of users and process billions of dollars of value isn’t easy. Any upgrades need to be backwards…

Ethereum price is consolidating above the $2,700 resistance. ETH could gain bullish momentum if it clears the $2,785 resistance zone. Ethereum is struggling to gain pace for a move above the $2,800 level. The price is trading above $2,700 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,720 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if there is a close above $2,780.…