Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Ethereum
Ethereum Bulls Gear Up For Recovery – Can Spot ETFs Push Price To New Highs?
Ethereum (ETH) is gearing up for a price uptick as we begin a new week. Ethereum is currently trading at $3,195 and is up by 1.83% in the past 24 hours. Although Ethereum’s gains are part of a wider market rally after a rebound, the altcoin is in the best position to surge the most in the coming weeks. Fundamentals point to an extended price surge in the face of a looming launch of Spot ETFs. Additionally, technical indications are…
11 months ago
Ethereum Seen Hitting $5,000 as German Bitcoin Sell-off Shakes Market
Ethereum has shown some degree of resilience in the face of heavy volatility in the broader crypto landscape, keeping ground above the $3,000 barrier in a week when Bitcoin stumbled under the weight of German economic policies. Ether hodlers are keenly observing as the terrain of digital currencies undergoes notable changes; many of them are focusing on a possible $5,000 milestone. A Test Of The Market There were tremors felt in the cryptocurrency market when the German government decided to…
11 months ago
Crypto Weekly Roundup: Ethereum ETF Greenlight, DNS Attacks, & More
It has been an eventful week in crypto, especially with the German government on a selling spree while the spot Ethereum ETF applicants in the US gear up for a probable green signal from the SEC. The week also saw increased threats to the security of DeFi protocols through domain registry attacks. Let’s find out more. Bitcoin The German government is continuing to sell its large Bitcoin position near the market bottom while it is being absorbed by buyers. This…
11 months ago
Tron Founder Justin Sun Buys $5M Worth of Ethereum Amid Market Optimism – Is the ETF Finally Launching?
Justin Sun, founder of Tron, has invested $5 million in Ethereum (ETH) amidst the Spot Ethereum ETF frenzy. Sun has accumulated over 362,751 ETH since February 2024, using three different wallet addresses. Justin Sun, founder of Tron, has made a significant move in the cryptocurrency market by investing $5 million in Ethereum (ETH). This purchase marks Sun’s entry into the frenzy surrounding Spot Ethereum ETFs. Spot On Chain, an on-chain analytics platform, has said that a large Ethereum transaction could…
11 months ago
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EthereumWhy Ethereum is Poised to Explode to $4,600 Sooner Than You Think!
The post Why Ethereum is Poised to Explode to $4,600 Sooner Than You Think! appeared first on Coinpedia Fintech News Ethereum’s price is getting upwards and everyone is talking about it in the crypto world. Right now Eth is trading at $3153.15 which is up by 11.63% compared to its lowest point in the last 7 days. So the question is, why is Ethereum heading towards the $4600 zone? Let’s break it down. Source : TradingView Market Recovery and Trading…
11 months ago
Ethereum ETF Launch: Analyst Predicts ETH Could Mirror Bitcoin’s 200% Surge
Analyst predict that ETH’s chart looks almost identical to Bitcoin before it surged 200% last year. Staked ETH has also been on the rise and is currently at 33. 3 million ETH, which is 27. 7% of the total supply of ETH. In a recent tweet, Bloomberg ETF analyst Eric Balchunas predicted that July 18 could mark the launch of the much-anticipated spot Ethereum ETF. This forecast comes after the Securities and Exchange Commission (SEC) made changes to the S-1…
11 months ago
Analyst Who Correctly Predicted The Bitcoin Crash To $53,000 Says This Ethereum Token Will Do A 100x
The post Analyst Who Correctly Predicted The Bitcoin Crash To $53,000 Says This Ethereum Token Will Do A 100x appeared first on Coinpedia Fintech News On July 5, the price of Bitcoin (BTC) took a steep dive, reaching a low of $53,600. This dip marked the first time since February that the cryptocurrency dipped below $54,000. In light of this, the analyst has shifted focus to an Ethereum token ETFSwap (ETFS), which is affordable and poised to do a 100x…
11 months ago
Ethereum Surges Past $3,000 with a $3,200 Target While New Token Gains Massive Attention
The second-largest cryptocurrency, Ethereum, has rebounded above $3,000 after dropping below $2,800, with a critical price target set at $3,200. Breaking this level could bring significant gains for traders, but resistance at $3,300 poses a challenge. Anticipated spot Ethereum exchange-traded funds (ETFs) and current market dynamics hint at volatility and opportunity in the Ethereum market, while emerging cryptocurrency Pawfury garners attention with promising prospects and a successful presale raising $4.2 million. Ethereum, the second-largest cryptocurrency, has seen a recovery, surpassing…
11 months ago
Why Bitcoin and Ethereum Investors are Flocking to Furrever Token: Use Code FINALFURR200 for Huge Bonuses!
The post Why Bitcoin and Ethereum Investors are Flocking to Furrever Token: Use Code FINALFURR200 for Huge Bonuses! appeared first on Coinpedia Fintech News As the crypto market sees big changes, Bitcoin and Ethereum lead the pack, grabbing global investors’ interest. Germany recently finished selling off its Bitcoin stash, a major move in the market. Meanwhile, Ethereum’s potential ETF launch has sparked excitement, adding to these digital assets’ appeal. Amidst all this, Furrever Token has caught the eye of Bitcoin…
11 months ago