Ethereum

In recent developments within the cryptocurrency world, Ethereum (ETH) whales are making significant moves towards a new gambling memecoin that is creating waves in the digital asset space. This innovative coin, Mpeppe (MPEPE), combines the thrill of gambling with the cutting-edge capabilities of Ethereum (ETH), positioning itself as a major player in the memecoin market. Ethereum Whales Shift Focus: The Appeal of Mpeppe (MPEPE) Ethereum (ETH) whales, known for their strategic investment choices, are now setting their sights on Mpeppe…

In a high-profile move that has captured the attention of the cryptocurrency community, an Ethereum (ETH) whale has invested a staggering $1.7 million in two promising memecoins: Pepe Unchained (PEPU) and Mpeppe (MPEPE). This bold investment underscores the growing interest in innovative memecoins and highlights the strategic choices of high-net-worth individuals in the Ethereum (ETH) ecosystem. Ethereum Whale’s Bold Bet: A Closer Look at the Investment The recent investment by an Ethereum (ETH) whale reflects a strategic pivot towards memecoins…

The post Ethereum Price Retests $2.5K Level Amid Bear Market, What’s Next? appeared first on Coinpedia Fintech News The cryptocurrency market has experienced a strong bearish reversal after concluding the previous week on a positive note. Notably, the market leader, Bitcoin (BTC) price has plunged 3.99% over the past day. This has resulted in it retesting its low of $58,000. Moreover, the altcoin leader, Ethereum price followed in the footsteps and has displayed a similar price action by recording a…

Even given the launch of the Spot Ethereum ETFs, there has been a lot of negativity around the number 2 cryptocurrency by market capitalisation. Will this current rally continue and prove the doubters wrong? $ETH needs to overcome resistance Source: TradingView Looking at the short term 4-hourly chart, it can be observed that the $ETH price has broken the downward trend line, retested, and is meandering sideways. The price nearly got down to the 0.382 fibonacci, so if this bounce…

The post Ethereum Spot ETF Records A Positive Weekly Inflow For The First Time Ever! appeared first on Coinpedia Fintech News Reportedly, for the first time, the ETH ETF has concluded the second week of August on a positive note. The Ethereum ETF recorded 2 out of 5 positive days during which it added a total of $147.2 Million. However, during the 3 negative days, it lost only $42.4 Million. During the previous week, 8 out of 9 ETFs recorded…

The post Bitcoin Whale Places $1 Million Bet That This Ethereum Token Trading At $0.01831 Will Rise To $1 In 2 Months appeared first on Coinpedia Fintech News In the intriguing world of cryptocurrency, a Bitcoin (BTC) whale has placed a substantial $1 million bet, that an Ethereum token identified as ETFSwap (ETFS), currently trading at a modest $0.01831, will surge to $1 in just two months.  This bold prediction comes from an investor deeply versed in the intricacies of…

Ethereum price started a downside correction from the $2,700 zone. ETH is now consolidating and struggling to stay above the $2,500 support. Ethereum started a downside correction below the $2,650 and $2,620 levels. The price is trading below $2,650 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2,620 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise again if it stays above the $2,550…

The question on many investors’ minds is whether Ethereum (ETH) is currently undervalued. Ethereum (ETH) has long been a powerhouse in the blockchain space, known for its robust smart contract capabilities and extensive decentralized finance (DeFi) applications. Despite its achievements, some market observers believe that Ethereum (ETH) might be poised for a major upswing, especially with new developments on the horizon. Mpeppe (MPEPE): A Game-Changer on the Ethereum (ETH) Blockchain Enter Mpeppe (MPEPE), a new cryptocurrency that’s rapidly gaining attention.…

Most large-cap cryptocurrencies, including Bitcoin and Ethereum, have not exactly lived up to the hype and promise in the second half of 2024. Investors saw the general market experience a negative start to the past week, with most assets shedding a significant portion of their value. Interestingly, this recent price action has offered a unique insight into the current state of the crypto market and its relationship with the macro capital markets. Spot Bitcoin ETFs Vs. Ethereum ETFs — Relative…