Ethereum

Ethereum price is still struggling to clear the $3,500 resistance zone. ETH is now consolidating and might make another attempt to clear $3,550. Ethereum is consolidating below the $3,550 resistance zone. The price is trading above $3,450 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,440 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if there is a clear move above the $3,500…

The post Ethereum ETF: Exploring New Opportunities Amidst Price Surge in the Cryptocurrency Market appeared first on Coinpedia Fintech News The recent price surge of Ethereum, coupled with the potential approval of Ethereum Exchange-Traded Funds, offers renewed optimism and investment opportunities in the cryptocurrency market. Market Volatility and Investor Uncertainty in Cryptocurrencies The cryptocurrency market has long been characterized by high volatility, leaving investors grappling with uncertainty. Amidst this environment, Ethereum, the second-largest cryptocurrency by market capitalization, has been trading…

Ethereum is firm when writing, rapidly rising after slipping to around $2,800 earlier this month. As of writing, the second most valuable coin is up by over $24% and remains in an uptrend despite the scare of July 4 and 5. Ethereum Finds Strong Resistance At $3,500 Even as buyers expect ETH bulls to press on and push the coin above $3,700, a key resistance line, on-chain data shows that there is resistance. According to IntoTheBlock data on July 22,…

The post Bitcoin Whale Spends $16 Million Buying BTC And This Groundbreaking Ethereum Token appeared first on Coinpedia Fintech News Analysts cite that new buying pressure may be on the horizon for Bitcoin (BTC) as a prominent Bitcoin whale splashes nearly $16 million on this crypto. According to experts, this move will likely result in cash inflow for BTC and incredible surges. ETFSwap (ETFS) also caught the attention of this Bitcoin whale recently as its presale promises sweet returns for…

The US spot Ethereum ETFs are set to launch on Tuesday, July 23rd, with projections indicating potential monthly inflows of $1.2 billion. This forecast comes from ASXN, a research firm specializing in crypto finance analytics. US Spot Ethereum ETFs Could Surprise To The Upside At the core of ASXN’s analysis is the comparison between the newly introduced Ethereum ETFs and the previously launched Bitcoin ETFs. One of the critical differentiators highlighted in the report is the fee structure. The Ethereum…

The latest news from Grayscale has set off a frenzy in the crypto space. In its Ethereum ETF Mini-Trust, Grayscale will waive all fees totaling up to $2B. This announcement got people making guesses about what might happen next with different Ethereum coins, whose prices have been going up and down quite significantly lately. Meanwhile, big players are accumulating Ethereum-based tokens that they believe have growth potential. We will discuss five such coins: DTX Exchange (DTX), Mantle (MNT), Arbitrum (ARB),…

While most eyes are on Bitcoin and Ethereum, given their own particular tailwinds, Solana is stealing up on the rails, making large dollar gains, as well as outperforming $BTC and $ETH. Is this a sign of what is to come from $SOL for the rest of this bull market? Among the top 20 ranked cryptocurrencies by market capitalization, Solana is leading the field for 7-day gains, 19.3% up on the week. Only Avalanche has done better, with 20.5%. However, the…

The post Will Ethereum ETF Push ETH Price to $6,000 by Year-End? appeared first on Coinpedia Fintech News The recent approval of Ethereum ETFs marks a significant milestone in the crypto space, potentially transforming the market much like the approval of Bitcoin ETFs did in the past. As market watchers and investors work to understand these developments, insights from popular crypto analyst ‘Virtual Bacon’ on social platform X offer a comprehensive look at the expected effects and strategic responses to…

The post Top Altcoins To Stack As the Ethereum ETF Launch Approaches! appeared first on Coinpedia Fintech News With the rising volatility in the cryptocurrency market, the Ethereum price continues to hover above its $3,500 mark, highlighting an increase in the bullish sentiment in the crypto space. Further, with the Ethereum ETF listing hours away, the altcoin leader is predicted to gain momentum and record a strong bullish action, possibly achieving the $4,000 mark this week. Scroll down as, in…