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
Ethereum (ETH) at $3200 And This New Crypto MoonTaurus, Currently at $0.005 Is Expected To Reach $1, Experts Say
Ethereum (ETH) is currently trading at $3,200, reflecting a notable drop of 7.9% over the past 24 hours amid a broader crypto market decline. This downturn follows a period of significant volatility triggered by recent developments, including the distribution of Mt. Gox assets and the underperformance of newly launched Ethereum ETFs. Despite the recent struggles, Ethereum remains a key player in the crypto space, with its price fluctuating in response to market conditions and macroeconomic factors. Meanwhile, experts are turning…
11 months ago
Gold Shines As Ethereum ETFs Plunge: Will ETH Fall to $2K? Peter Schiff Weighs In!
The post Gold Shines As Ethereum ETFs Plunge: Will ETH Fall to $2K? Peter Schiff Weighs In! appeared first on Coinpedia Fintech News The much-anticipated debut of Ethereum (ETH) spot ETFs in the U.S. has sent shockwaves through the crypto market. Contrary to expectations, ETH’s price has plummeted since the ETFs launched. Is this the beginning of the end for the second-largest cryptocurrency? Renowned economist and global strategist Peter Schiff has added fuel to the fire, highlighting the stark contrast…
11 months ago
Is Ethereum turning bearish? Here’s what the chart says
The post Is Ethereum turning bearish? Here’s what the chart says appeared first on Coinpedia Fintech News In this ongoing bearish market sentiment, Ethereum (ETH) the world’s second-biggest cryptocurrency badly impacted as it experienced a notable 7% price drop. With this massive decline, ETH is now moving below the 200 Exponential Moving Average (EMA), indicating that it has entered in a downtrend. ETH below 200 EMA The 200 EMA is a technical indicator that signals an uptrend and downtrend for…
11 months ago
If Bitcoin Drops Below $60,000, Here’s What May Happen to the Ethereum (ETH) Price Rally!
The post If Bitcoin Drops Below $60,000, Here’s What May Happen to the Ethereum (ETH) Price Rally! appeared first on Coinpedia Fintech News The Ethereum price is constantly forming lower highs and lows, displaying the growing strength of the bears as market dynamics have lost their stability. Along with Bitcoin prices, Ethereum prices have also been slashed to some extent, while the bulls are trying hard to defend the lower support. Now that the trend has flipped in bearish favour,…
11 months ago
Cardano Goes Toe-To-Toe With Ethereum As Whales Scoop Up 120 Million ADA
Cardano (ADA) is currently competing with Ethereum in terms of large transaction volume. This is undoubtedly a positive development for the ADA ecosystem, especially since it indicates a wave of accumulation among the token’s large holders. Cardano Matches Ethereum In Large Transaction Volume Data from the market intelligence platform IntoTheBlock shows that Cardano is witnessing a similar large transaction volume as Ethereum. In the last 24 hours, Cardano recorded a large transaction volume of $6.7 billion, while Ethereum witnessed a…
11 months ago
Solana outperforms Ethereum despite 10% price drop
The post Solana outperforms Ethereum despite 10% price drop appeared first on Coinpedia Fintech News Solana (SOL) the world’s fifth-biggest cryptocurrency has outperformed Ethereum (ETH) in terms of price surge and trading volume over the last 30 days. Today, on August 1, 2024, a blockchain media outlet Wu Blockchain made a post on X (previously Twitter) stating that Solana has surpassed Ethereum in monthly Decentralized Exchange (DEX) trading volume. Solana outperforms Ethereum According to the post on X, this is…
11 months ago
Ethereum Investors Contribute Mpeppe (MPEPE) Surge In Popularity
The cryptocurrency market is witnessing an exciting development with the rise of Mpeppe (MPEPE), a unique fusion of sports passion, blockchain innovation, and meme culture. Ethereum (ETH) investors are playing a significant role in this surge of popularity, recognizing the potential and transformative power of Mpeppe (MPEPE). This article explores the reasons behind the growing interest in Mpeppe (MPEPE) among Ethereum enthusiasts and its implications for the future of cryptocurrency. The Fusion of Sports, Blockchain, and Meme Culture Mpeppe (MPEPE)…
11 months ago
New Cryptocurrency $0.00107 Leverages Ethereum (ETH)’s Power: Can It Become a Top Crypto?
New and innovative coins are constantly emerging. One such cryptocurrency, Mpeppe (MPEPE), is making waves with its unique approach and strategic use of Ethereum (ETH). This article explores the potential of Mpeppe (MPEPE) to become a top cryptocurrency and how it leverages Ethereum (ETH)’s power to achieve its goals. The Viral Potential of Memecoins Memecoins have the inherent ability to leverage the viral nature of internet memes and popular culture references. This can lead to rapid dissemination of the cryptocurrency’s…
11 months ago
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EthereumNeiro Ethereum Pumps Past $0.2 – Can it Reach $1?
The post Neiro Ethereum Pumps Past $0.2 – Can it Reach $1? appeared first on Coinpedia Fintech News A new meme coin has emerged and caught the market’s attention with rapid price growth. It’s called Neiro Ethereum and is based on the OG doge meme coin. Another project currently on the rise is Base Dawgz. It’s currently in its presale and has raised $2.7 million so far. Will this explode next? Jitters About NEIRO Amid Rallying Price Neiro Ethereum has…
11 months ago