Ethereum

The post Ethereum ETFs Set to Mirror Bitcoin’s Success: Will They Capture the Same Market Buzz? appeared first on Coinpedia Fintech News The launch of spot Ethereum exchange-traded funds (ETFs) on July 23 sparked significant market interest, with initial inflows exceeding $100 million. This marked a notable shift from the previous four days of outflows for U.S. spot Ether ETFs, which saw a total of $33.67 million in new investments.  However, this figure was partly offset by a $120.28 million…

Two market experts recently revised their predictions for Ethereum, with one claiming that the second-largest crypto token could rise to as high as $100,000. Interestingly, these ultra-bullish predictions align with some predictions made by financial institutions. Ethereum To Rise To $50,000 Ethereum maximalist Adriano Feria predicted in an X (formerly Twitter) post that Ethereum could reach $50,000 in this market cycle. He made this bold prediction in response to Ethereum developer Eric Conner’s prediction that ETH will reach $35,000 this…

Mantle (MNT), an Ethereum layer-2 (L2) project, has recently gained widespread attention. MNT, its native cryptocurrency, has also outperformed tokens from other blockchains in the same category. However, this analysis focuses on a recent change. Fall in Mantle TVL Drives Ripple Effects on the Network According to DeFiLlama, Mantle’s Total Value Locked (TVL) reached an all-time high of $636.50 million on July 24. TVL, as it is commonly called, measures the value of assets locked or staked in a protocol.…

The post Crypto News Today: FOMC Holds Rates Steady, Bitcoin and Ethereum Price Decline appeared first on Coinpedia Fintech News After Federal Reserve Chair Jerome Powell said a September rate cut “could be on the table,” stocks soared to session highs. The tech-heavy Nasdaq 100 climbed 3.3% and the S&P 500 2%. However, the king crypto, Bitcoin (BTC), declined by 1.3% to $66,088, and Ethereum (ETH) fell roughly 1.11% to $3,313. Over 24 hours, the global cryptocurrency market cap also…

The post Ethereum Spot ETFs Stumble Again, Records An Outflow Of $77.2 Million! appeared first on Coinpedia Fintech News On 31st July, Grayscale’s “ETH” recorded the highest inflow of $19.8 Million, followed by Fidelity’s “FETH” with $18.8 Million. Blackrock’s “ETHA” records an inflow of $5 Million, whereas 21 Shares (CETH), VanEck (ETHV), and Bitwise (ETHW) record inflows worth $3.3 Million, $4.8 Million, and $4.7 Million respectively. Notably, Invesco’s “QETH” and Franklin’s “EZET” record a neutral flow. However, Grayscale’s “ETHE” records…

On-chain data shows Ethereum has been observing high exchange outflows recently, but a development related to Tether (USDT) may be a bearish obstacle for the market. Ethereum And Tether Both Have Seen Withdrawals From Exchanges Recently As explained by the on-chain analytics firm Santiment in a new post on X, the market is ending July on a mixed note in terms of the exchange flows. The metric of interest here is the “Exchange Flow Balance,” which measures the net amount…

Investors eyeing outsized returns in the crypto market now have their sights set on MoonTaurus (MNTR). The meme coin, priced at $0.005 in the first phase of its presale, is set to skyrocket to $3 by 2025, according to top analysts. This ambitious forecast comes even as the broader cryptocurrency market, including giants like Bitcoin and Ethereum, grapples with pronounced volatility. MoonTaurus (MNTR) MoonTaurus (MNTR) has quickly captured the attention of the crypto community. The meme coin’s presale begins with…

The post Shiba Inu Trader Says These Ethereum Altcoins Are Forming a Daily Bull Flag, What Happened Last Time? appeared first on Coinpedia Fintech News A prominent Shiba Inu trader has identified bullish patterns, known as daily bull flags, forming in certain Ethereum altcoins. This technical indicator suggests a potential upward movement in these assets, reminiscent of a similar setup that previously led to significant price increases. As traders and investors take note of these patterns, the focus shifts to…

The post Crypto Market Update: QCP Sees Ethereum as a Safer Bet Amid Bitcoin’s Stagnation appeared first on Coinpedia Fintech News QCP, a prominent trading firm, has shared key observations about the cryptocurrency market. Bitcoin’s struggle to surpass the $70,000 mark has led QCP to predict continued heavy selling pressure, with BTC likely to remain within a tight trading range. Meanwhile, Ethereum (ETH) is seen as a more promising investment, with potential gains as ETH may catch up to BTC,…