Ethereum

The post Crypto Market Displays Bullish Recovery, Bitcoin Reclaims $67K, Ethereum Hits$3.25K! appeared first on Coinpedia Fintech News After recording a strong bearish sentiment on Wednesday, the crypto market has recorded a jump of 3.22% within the past day, from $2.31 Trillion to $2.39 Trillion, a jump of over $60 Billion during this time. Further, the price of BTC has recorded a 24-high of $67,445.57 with a trading volume of $35.337 Billion. Following this, Ethereum price has successfully reclaimed the…

The post Ethereum ETF Outflow Streak Continues For The Second Day! appeared first on Coinpedia Fintech News On 25th July, 6 out of 9 ETH ETFs have recorded a positive inflow. Blackrock’s “ETHA” leads with an inflow of $70.9 Million, followed by Grayscale’s “ETH” with $58.1 Million, Fidelity’s “FETH” with $34.3 Million, Bitwise’s “ETHW” with $16.3 Million, VanEck’s “ETHV” with $8 Million, and Invesco’s “QETH” with $6.2 Million. Notably, Grayscale’s “ETHE” has recorded an outflow of $346.2 Million. This has…

The post Ethereum News Today: Foundation Transfers $290 Million in ETH, Market Response appeared first on Coinpedia Fintech News A wallet linked to the Ethereum Foundation recently transferred 92,500 ETH, worth approximately $290 million, marking its first significant activity since 2017. This transaction has created a buzz in the cryptocurrency community. It is noteworthy because it took place two days after Ethereum ETFs went live, adding intrigue to the timing and raising questions over the exact reason behind such a…

Ethereum price extended losses and tested the $3,080 support zone. ETH is recovering and might aim for a test of the $3,350 resistance zone. Ethereum tested $3,080 and started a recovery wave. The price is trading below $3,350 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $3,220 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the…

The cryptocurrency market has recently faced a notable downturn, with Ethereum seeing an 8.2% drop since the launch of its spot exchange traded funds (ETFs) in the US. This decline has sparked investor concerns about when the price might start to rise, with market analysts drawing parallels to the initial decline and subsequent surge seen with Bitcoin ETFs. Despite current market pressures, experts remain optimistic about Ethereum's long-term prospects, especially with potential Federal Reserve interest rate cuts on the horizon.…

Ethereum whales have been busy in the market, as on-chain data shows that these investors have been heavily accumulating the second-largest crypto token by market cap. This comes amid a price decline in ETH’s price, with history suggesting that the crypto token might suffer more price declines in the short term.  Whales Accumulate More ETH Data from the market intelligence platform IntoTheBlock shows that Ethereum Whales bought 297,670 ETH ($1 billion) on July 24. The previous day, these whales also…

The post Bullish First Day for Ethereum ETF Inflows – Could This Upcoming ERC-20 Listing Benefit? appeared first on Coinpedia Fintech News Ethereum ETFs are gaining momentum after launching on Tuesday, and analysts think this could be massive for Ether’s long-term success. In perfect timing, the new ERC-20 token WienerAI is closing out its presale and is set to make its exchange debut.  ETH ETFs Reshuffling But Analyst Brace For Long-Term Gains There is a lot of trading activity around…

The post Cardano ETF Up Next? ADA Founder Hints Amidst Ethereum ETF Buzz appeared first on Coinpedia Fintech News As the spot crypto ETF race intensifies, there are growing speculations of more crypto ETFs. After Ethereum’s spot ETF recently started to trade, the focus has now shifted to ADA. The Cardano founder recently responded to a question from Tap Tools on the X platform. It questioned whether the ADA ETF is up next, to which Hoskinson replied with a playful…

Even though the crypto market has been quite unstable, Ethereum Name Service (ENS) has been showing a lot of growth potential. ENS has shown it can bounce back with an almost 4% rise in the last week. Its success over the last 30 days has been even better, with a 15% increase. People think that the release of Ethereum ETFs will be a big part of making ENS more well-known and appealing. These ETFs are a big change in the…