Ethereum

The post Crypto Bull Run Begins? Bitcoin & Ethereum Surge Amid Conference Hype, ETF Launch appeared first on Coinpedia Fintech News The crypto market is on the upswing, thanks to the buzz around the Bitcoin Conference 2024 and the excitement over Ethereum ETFs. This renewed interest has sparked a surge in investor enthusiasm for digital assets. As a result, Bitcoin has experienced an 8% recovery from a recent dip, while Ethereum’s price is currently hovering around $3,275. Why Crypto Market…

The post Altcoin Price Prediction for 2024: Massive Gains Ahead, Ethereum to $7,000! appeared first on Coinpedia Fintech News Crypto bulls, Hold on Tight! Michael van de Poppe, a well-known analyst, is predicting a major boost in the altcoin market, which could lead to historic gains for investors. Following a recent market correction, van de Poppe expects significant growth for altcoins and Ethereum in the second half of 2024. This isn’t just wishful thinking. Here’s what’s behind this bold theory.…

Ethereum (ETH) recorded a significant loss in price this week following the trading debut of Ethereum spot ETFs. According to data from CoinMarketCap, ETH has declined by 6.60% in the last seven days, falling as low as $3,100. However, amidst this price crash, CryptoQuant analyst burakkesmeci has made an important observation with a potential impact on market movement. Ethereum Open Interest Surges By $1.5 Billion In Three Weeks In a Quicktake post on CryptoQuant, burrakesmeci shared that the Open Interest…

The post Ethereum ETF Experiences A Significant Outflow Despite Increased Inflows! appeared first on Coinpedia Fintech News On 26th July, 5 out of 9 ETH ETFs recorded a positive inflow, with Blackrock’s “ETHA” recording the highest inflow with $87.2 Million, followed by Grayscale’s “ETH” with $44.9 Million, and Fidelity’s “FETH” with $39.3 Million. Bitwise and Franklin recorded an inflow of $16 Million and $6.2 Million. Notably, 21 Shares, Invesco, and VanEck have recorded a neutral flow. However, Grayscale’s “ETHE” has…

The post Ethereum (ETH) ETF Approved by SEC: Altcoin Investors Flock to New Crypto Presale Token for Massive Gains! appeared first on Coinpedia Fintech News In a significant move, the Securities and Exchange Commission (SEC) has approved the Ethereum ETF, sparking enthusiasm within the cryptocurrency community. This decision is a milestone for Ethereum, signalling its increasing acceptance and integration into financial markets. Ethereum (ETH)  ETF: A New Approach to Crypto Investments The approval of the Ethereum ETF represents a major…

The post Grayscale’s Ethereum ETF Loses $1.15B in The First Three Days of ETF Trading appeared first on Coinpedia Fintech News The start of US spot Ethereum exchange traded funds has been quite strange. After the SEC approval, 8 out of 9 ETFs began trading on Tuesday. While one ETF saw heavy inflows, Grayscale’s converted fund, ETHE, experienced significant outflows. Let’s find out why Grayscale, a management firm, is facing such outflows. The launch of ETH ETFs Everyone knows that…

Crypto analyst RLinda has revealed that XRP is showing impressive strength despite the decline in Bitcoin and Ethereum’s price. She explained why XRP suddenly has such a bullish outlook, considering that the crypto token has underperformed since the start of the year.  XRP Is The “Strongest” In The Market RLinda mentioned in a post on TradingView that XRP is the strongest in the market. She noted that the crypto token has been holding quite well as traders and investors are…

The latest events in the crypto world highlight major happenings like the anticipated Bitcoin 2024 conference and shifting market trends. Ethereum sees a significant rise in active addresses, suggesting heightened blockchain activity. Meanwhile, Ferrari shakes up the auto industry by introducing a new crypto payment option. Discover which coins are poised for growth in this article. The Trump Trade—Bitcoin Nears $68,000, Faces Selling Pressure Before former President Donald Trump’s appearance at the Bitcoin 2024 conference in Nashville, Bitcoin (BTC) peaked…

Post the Spot Ethereum ETFs launch, the ETH price has continued to struggle unexpectedly, proving that the launch of the Spot ETFs were a ‘sell the news’ event. So far, the second-largest cryptocurrency by market cap has lost around 10% of its value since the Spot Ethereum ETFs trading began on Tuesday, July 23, and could see further decline from here, according to an analysis from Matrixport. Spot Ethereum ETFs Triggers Selling Following the launch of the Spot Ethereum ETFs,…