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
$1.5 Billion in Bitcoin and Ethereum Options Set to Expire Amid Market Recovery
Options on Bitcoin (BTC) and Ethereum (ETH) totaling $1.5 billion are approaching expiry, all while the market remains relatively calm. However, this stability may be short-lived. The annual central bank meeting in Jackson Hole, which begins today, is widely seen as the month’s most notable macro event. Investors are particularly focused on any news regarding potential interest rate cuts by the Federal Reserve. What’s Next for the Bitcoin and Ethereum Options Market After Expiry According to Deribit, over $1.12 billion…
10 months ago
Ethereum Analyst: Bulls Must Hold $2,500, Spot ETF To Catalyze Demand
Ethereum, similar to most altcoins, is under significant selling pressure, struggling to shake off the weakness of early August. Even though there were flashes of strength after the climactic sell-off on August 5, prices are still below $2,800. The only positive for now, at least looking at the daily chart, is the impressive bulls’ resilience. Despite the wave of lower lows, buyers have soaked in the deluge of selling pressure, holding prices above the $2,500 mark. The bearish formation, nonetheless,…
10 months ago
When will Ethereum (ETH) Hit $3,000 Again, ETH Investors Join Mpeppe (MPEPE) Presale
As Ethereum (ETH) continues its journey through a volatile cryptocurrency market, many investors are eagerly awaiting the return of Ethereum (ETH) to the $3,000 mark. While Ethereum (ETH)’s potential for growth remains strong, investors are also exploring new avenues to diversify their portfolios and enhance their returns. One such opportunity that has caught the attention of ETH holders is the presale of Mpeppe (MPEPE), an emerging token that is quickly gaining traction. This article explores why ETH investors are turning…
10 months ago
Ethereum (ETH) And Mpeppe Two Cryptocurrency That Will Keep Making You Money
Savvy investors are always on the lookout for assets that promise not just potential gains but consistent returns over time. Ethereum (ETH) has long been a cornerstone of the crypto market, renowned for its smart contract capabilities and vast ecosystem. Now, a new contender, Mpeppe (MPEPE), is joining the ranks, offering innovative features that have captivated the crypto community. Together, Ethereum (ETH) and Mpeppe (MPEPE) represent two cryptocurrencies that are well-positioned to keep making you money. Here’s why these two…
10 months ago
This ETH ICO Has Gathered a Lot of Attention From Ethereum (ETH) Whales Thats On The Hunt For Gains
Initial Coin Offerings (ICOs) continue to be a focal point for investors seeking significant returns. Recently, a new ICO has been making waves, drawing the attention of Ethereum (ETH) whales who are always on the lookout for the next big opportunity. This token, Mpeppe (MPEPE), is not only capturing imaginations but also positioning itself as a powerful force in the market, much like its inspiration, Pepecoin. Here’s why Ethereum (ETH) whales are keenly interested in this emerging ICO and what…
10 months ago
Launch a Network with Restaked Security in Minutes: Tanssi and Symbiotic Set New Ethereum Standard
Cayman Islands, UK, August 22nd, 2024, Chainwire Tanssi Foundation announces the expansion of the Tanssi blockchain infrastructure protocol to Ethereum, enabling the rapid launch of decentralized networks—also known as Actively Validated Services (AVSs)—in minutes. This expansion, driven by a strategic collaboration with Symbiotic, a leading permissionless restaking protocol, will allow developers to deploy highly customizable and decentralized networks, leveraging Ethereum’s robust security. While rollups have been key to scaling Ethereum, they may fall short when strong decentralization, customization, or interoperability…
10 months ago
Is Tron the New Ethereum Killer?
The post Is Tron the New Ethereum Killer? appeared first on Coinpedia Fintech News As Ethereum grapples with slow transaction speeds and high fees, Tron is emerging as a potential rival that could shake up the blockchain landscape. With its focus on speed and cost-effectiveness, Tron is drawing attention as a possible successor to Ethereum. According to market trends and blockchain analysis, Tron is now being seen as a potential “Ethereum Killer” and a rising crypto asset. Can Tron Dethrone…
10 months ago
Ethereum Price Ready to Climb if It Overcomes Key Resistance
Ethereum price is consolidating above the $2,550 resistance. ETH could gain bullish momentum if it clears the $2,650 resistance zone. Ethereum is struggling to gain pace for a move above the $2,650 level. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $2,640 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if there is a close above $2,650. Ethereum…
10 months ago
Where Is Bitcoin And Ethereum Headed? Analyst Reveals Key Levels to Watch
Amid Bitcoin’s continuous consolidation below the $61,000 price mark over the past weeks, renowned trading guru Peter Brandt, with decades of experience in the financial markets, has recently shared an update on his outlook for Bitcoin and Ethereum. His analysis comes at a time when both of these assets have been unable to maintain a strong rally in the past weeks but have only continued to see consistent plunges. Bitcoin And Ethereum Next Move In his latest update, Brandt identifies…
10 months ago