Ethereum

While Ethereum’s potential to reach $4,000 with the introduction of ETFs is promising, the allure of MoonTaurus cannot be overlooked. Ethereum's growth is tied to the broader acceptance and integration of cryptocurrencies into traditional financial systems. However, MoonTaurus offers a different kind of opportunity. MNTR is priced at $0.005 in the first stage of its presale. The meme coin will go live on DEXs at the end of the presale, priced at $0.07, a 1400% return for early investors.  Ethereum's…

The post Why Ethereum Price is Down Today? Analyzing ETH Price Correction Post-ETF Launch appeared first on Coinpedia Fintech News Ethereum (ETH) dropped 1.8% on Wednesday despite the successful launch of ETH ETFs, which attracted $10.2 billion in assets and saw net inflows of $107 million. The second-largest cryptocurrency by market cap is struggling, breaking below important support levels. The question arises: Is Ethereum poised to retest the critical $3,000 support level by the end of July? Historically- a Drop…

On-chain data shows whale activity on the Ethereum blockchain has been quite high recently due to the excitement around the spot exchange-traded funds (ETFs). Ethereum Whales Showing Significantly Higher Activity Than Bitcoin Ones According to data from the on-chain analytics firm Santiment, Ethereum whales have been displaying considerable activity recently. The indicator of relevance here is the “Whale Transaction Count,” which keeps track of the total amount of transfers happening on any given network carrying a value of at least…

Ethereum price started a major decline from the $3,500 resistance zone. ETH is down over 8% and might continue to decline toward the $3,120 support. Ethereum is gaining bearish pace from the $3,500 resistance zone. The price is trading below $3,400 and the 100-hourly Simple Moving Average. There was a break below a key declining channel with support at $3,380 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down toward the $3,120…

Ethereum prices are stable at spot rates, moving horizontally even after the United States Securities and Exchange Commission (SEC) approved the list and trading of spot Ethereum ETFs on July 23. Ethereum is trending below the crucial resistances at $3,500 and $3,700 at press time. However, buyers have kept prices above $3,300 as price action moves horizontally. Though there are expectations of volatility, reading from options data, now that spot Ethereum ETFs are available for trading, one analyst picked out…

Nine spot Ethereum ETFs commenced trading on the US stock market on Tuesday, marking a pivotal moment for the crypto industry following the Securities and Exchange Commission’s (SEC) green light on Monday. Ethereum ETFs See $1B In Trading Volume On Debut James Seyffart, a senior ETF analyst at Bloomberg, described the Monday ETF launch as a “pretty big success,” according to a Fortune report. However, the initial enthusiasm was tempered by a stark comparison to Bitcoin’s ETF debut earlier this…

The post Ethereum Price Stays Quiet Amid $107 Million Net Inflow And Rising Bitcoin Volatility: What’s Next For ETH Price? appeared first on Coinpedia Fintech News Despite the launch of the much-anticipated Ethereum (ETH) spot Exchange-Traded Fund (ETF), the price of Ethereum has remained relatively stable, showing little reaction to what many expected would be a significant market catalyst. Analysts predict that Ethereum will mirror Bitcoin’s pricing trends following its ETF launch, noting that Bitcoin’s price did not surge immediately…

The post Top Altcoins to Lock In Before Ethereum ETF Launch appeared first on Coinpedia Fintech News With the rising volatility in the cryptocurrency market, Dogecoin (DOGE) and Shiba Inu (SHIB) have garnered significant attention.  Dogecoin (DOGE), known for its meme origin, has consistently shown strong community support and significant transactional volumes.  The upcoming Ethereum ETF launch is set to inject fresh momentum into the market. Dogecoin (DOGE) and Shiba Inu (SHIB), with their large followings and market influence, are…

The long-awaited Ethereum ETFs have finally hit the market, marking a significant milestone for Ethereum and other altcoins. Industry experts and enthusiasts are looking at how the effects could play out on Ethereum’s price action in the coming months.  Renowned crypto analyst Doctor Profit has made a bold prediction. According to him, Ethereum’s value is set to break through the $10,000 barrier, with the potential to reach a peak of $14,000. The catalyst for this anticipated surge is none other…