Ethereum

The post Crypto Market Correction: Bitcoin Retests $56K Mark, Ethereum Price Holds $2,500 Level! appeared first on Coinpedia Fintech News The cryptocurrency market has recorded a strong bearish action over the past day. Notably, with a trading volume of $74.7 Billion (+7.40%), the valuation has recorded a drop from $2.08 Trillion to $2.05 Trillion, a change of -1.23%. Moreover, the price of Bitcoin failed to hold momentum, resulting in it retesting its low of $56,000 during the early Asian trading…

In a recent report, market researcher and analyst DeFi Ignas has provided a detailed analysis of the current bearish and bullish cases for the leading altcoin, Ethereum (ETH), offering valuable insights into the cryptocurrency’s prospects. Factors Behind The Ethereum Underperformance Ethereum has struggled to keep pace with its crypto peers over the past two years, declining 47% against Bitcoin (BTC) and underperforming Solana (SOL) by 6.8x since the market lows of early 2023.  According to Ignas, the reasons behind this…

As $1.86 billion in Bitcoin (BTC) and Ethereum (ETH) options approach expiration, the crypto markets are grappling with heightened volatility, spurred by lower-than-expected US Consumer Price Index (CPI) data. With the markets reacting sharply to this economic indicator, traders are preparing for potential price swings as the deadline approaches. What’s Next for Bitcoin and Ethereum Options Market Post-Expiry? Analysts Weigh In According to Deribit, nearly $1.4 billion in Bitcoin options are set to expire, with a maximum pain point of…

The post Top Analyst Predicts A 670% Price Growth For This Ethereum Token In One Week appeared first on Coinpedia Fintech News The crypto market is witnessing an impressive rebound following the crash on August 5, led by Bitcoin (BTC) and Ethereum (ETH). With crypto prices again enjoying an uptrend, this top analyst has made a bold price prediction for ETFSwap (ETFS) as demand for the crypto token surges in its ongoing presale.  Analyst Predicts 670% Price Gain For ETFSwap…

The post Crypto Insider: This Presale Sensation May Become the Next Ethereum or Chainlink This Year appeared first on Coinpedia Fintech News As 2024 gets into full swing, one crypto insider thinks that a new project may become as much of a giant as Ethereum (ETH) or Chainlink (LINK). This project is DTX Exchange (DTX) – a Stage 2 presale sensation that has already given early buyers a 100% return. Some analysts even say that DTX may be the next…

The post Dogecoin Whales Go Crazy For this $0.034 Ethereum Token Expecting 2,640% Rally in 22 Days appeared first on Coinpedia Fintech News The crypto market is buzzing with the RCO Finance (RCOF) presale, which has captured the attention of Dogecoin (DOGE) whales. This Ethereum token offers the potential for a staggering 2,640% rally in just 22 days, luring investors seeking high returns beyond the Dogecoin ecosystem. Let’s explore why this new crypto token is a must-have for Q3.  RCO…

The post Crypto Market Correction: Bitcoin Slumps To $58K, Ethereum Retests Its $2.6K Level! appeared first on Coinpedia Fintech News With the cryptocurrency market failing to hold its bullish sentiment, it has recorded a correction of 3.69% within the past day, from $2.11 Trillion to $2.06 Trillion. Despite a positive CPI data release, the market leader, Bitcoin price has plunged 4.38% and is currently hovering close to its $58,000 level. However, the Ethereum price has sustained its value above the…

The post Ethereum Spot ETF Update: 3rd Consecutive Inflow Days Recorded For The First Time Since Inception! appeared first on Coinpedia Fintech News On 14th August, Blackrock’s “ETHA” recorded the highest inflow of $16.1 Million, followed by Fidelity’s “FETH” with $6.6 Million. Bitwise’s “ETHW” has added $2.7 Million whereas Grayscale’s “ETH” has added $2.3 Million. Moreover, 21 Shares, VanEck, Invesco, and Franklin have recorded a neutral flow. On the flip side, Grayscale’s “ETHE” has dropped $16.9 Million. With this, the…

Following weeks of range-bound movement, Ethereum (ETH) is finally poised for a breakout, with technical analysts predicting a 20% rally fueled by strong buying pressure from ETF investors. Data by CoinShares shows that Ethereum ETFs globally have experienced a net inflow of $155 million over the past week as traditional investors took advantage of the dip to buy at a discount. While Ethereum shines as a ray of hope for investors, the new meme coin MoonTaurus (MNTR) continues to build…