Ethereum

A notable trend is taking place in the crypto market as large investors, or "crypto whales," start to exit major cryptocurrencies like Solana (SOL) and Ethereum (ETH). This exodus comes at a time when Solana and Ethereum are both facing bearish outlooks, with analysts predicting significant price declines. The move by these whales is not a reaction to market volatility alone but a pivot towards a smaller, undervalued token, MoonTaurus (MNTR), which is currently priced at just $0.01. The Decline…

The post Dogecoin Millionaire Who Made $10 Million with SHIB and DOGE Says He Is Buying this $0.034 Ethereum Token appeared first on Coinpedia Fintech News A DOGE millionaire who made headlines by turning an early investment in Shiba Inu (SHIB) and Dogecoin (DOGE) into $10 million is now eyeing a new opportunity. This time, his focus is on a $0.034 Ethereum-based token, signalling the potential for another explosive return.  The endorsement of this low-cost token is causing a stir…

The post 2 Cryptos To Perform The Best in August 2024: Ethereum (ETH) and MoonTaurus (MNTR) appeared first on Coinpedia Fintech News As the cryptocurrency market heads into August 2024, investors are paying close attention to digital assets that are likely to perform exceptionally well. Ethereum (ETH), a leading force in the crypto world, continues to be a top choice due to its robust network and continuous advancements, which drive its widespread use in decentralized applications and finance. Meanwhile, MoonTaurus…

The post Will Ethereum Dominance Drain By 2026? Experts Weigh In For This Viral Exchange Crypto and Its Not BNB appeared first on Coinpedia Fintech News Ethereum (ETH), the silver of the crypto space, has been known for its outstanding market performance and remarkable features. The altcoin has given traders massive returns through its decentralized open-source blockchain system. Recent events have triggered concerns among investors about Ethereum’s (ETH) future performance, raising the question of its ability to dominate the crypto…

According to the latest on-chain data, a crypto company has redeemed and transferred a significant amount of Ether tokens from the staking platform Lido to the cryptocurrency exchange Binance. Could this hold a bearish consequence for the Ethereum price? Is ETH Price Preparing For Further Correction? According to data from Arkham Intelligence, digital asset management firm Metalpha redeemed 10,000 ETH (worth about $26 million) from the liquid staking platform Lido on Saturday, August 17. Following the withdrawal to the Metalpha-labeled…

Amidst the general financial market crash in early August, Ethereum (ETH) lost about 30% of its value, falling to $2,226 per unit. Notably in the last few weeks, the prominent altcoin has shown much resilience climbing back into the $2,600 price region. Albeit, this recent price retracement is accompanied by much uncertainty on how long Ethereum can sustain such upward momentum. Commenting on this dialogue, CryptoQuant analyst ShayanBTC has postulated that Ethereum may likely resume its bearish course. Ethereum Price…

Recent market dynamics have again brought Ethereum’s supply into the spotlight and reiterated concerns about its inflationary trend. Earlier this year, Ethereum reached a significant milestone in its circulating supply, surpassing 120 million ETH and the number continues to grow. Unlike other prominent cryptocurrencies such as Bitcoin and Cardano, which have fixed supply caps, Ethereum was designed with an unlimited supply of tokens. This fundamental difference makes Ethereum an inherently inflationary asset, one that has a continuously increasing supply. On-chain…

The post Sell-off Alert! Ethereum Whale Dumps $26 Million in ETH, Eyes on $2,200 appeared first on Coinpedia Fintech News Ethereum, the world’s second-biggest cryptocurrency has been consolidating in a tight range following the breaking of a bearish rising wedge price action pattern on a daily time frame. During this ongoing consolidation, a crypto whale Metalpha (Gnosis Safe Proxy address) has transferred a significant ETH to Binance. Ether Whale offloads $26 million of ETH According to the on-chain security firm…

The post Veteran Trader Who Bought Dogecoin Early Says This Ethereum Token Is Headed For A 9,000% Rally appeared first on Coinpedia Fintech News A famous veteran trader who made $6 million in profits buying Dogecoin (DOGE) early in 2020 is igniting massive FOMO in the crypto community as he touts the ETFSwap (ETFS) DeFi token selling at $0.01831 in its viral ICO to rally 9,000% as the crypto summer approaches. Dogecoin (DOGE) Falls Behind ETFSwap (ETFS) In Profitability Rankings…