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 ETF Approval Next Week: These Altcoins Reveal 100% Upside
The post Ethereum ETF Approval Next Week: These Altcoins Reveal 100% Upside appeared first on Coinpedia Fintech News With crypto market gurus anticipating the Ethereum ETF listing finally coming next week, the recovery rally in the altcoins is expected to go ballistic. Further, with the high anticipation of BTC prices rising above $60K, these low-cap crypto offer massive upside potentials. Closely linked to the Ethereum blockchain and known to amplify bullish moves, these altcoins might surge 100% next week with…
11 months ago
Ethereum ETFs Could Amass $1 Billion Monthly: Kraken Executive
The post Ethereum ETFs Could Amass $1 Billion Monthly: Kraken Executive appeared first on Coinpedia Fintech News In a recent Bloomberg interview, a Kraken executive noted that the market is trying to figure out ETF inflows suggesting around $750 million to $1 billion monthly. If inflows exceed expectations, the chances of Ethereum tapping all-time highs will increase, driving positive market sentiments. He added that Kraken’s mission is to accelerate crypto adoption through strategic means. Spot Ethereum ETFs could be the…
11 months ago
Is Ethereum (ETH) About To Retest $4,000? Analyst Foresees 3x Rally
Amid the market slowdown, crypto analysts believe Ethereum (ETH) might be ready to retest key resistance levels again. Meanwhile, investors are expectant about the second-largest cryptocurrency performance as the final approval of spot ETH ETFs (exchange-traded funds) approaches. Is Ethereum ETFs Approval Already Priced In? The upcoming approval of spot Ethereum ETFs has crypto investors speculating about the launch’s impact on ETH’s performance. Renowned investor Daan Crypto Trades believes the news about the S-1 form approval won’t affect Ethereum’s price.…
11 months ago
Ethereum ETF Launch To Push Prices to $6K, Says Top Analyst!
The post Ethereum ETF Launch To Push Prices to $6K, Says Top Analyst! appeared first on Coinpedia Fintech News Weekends typically see reduced market activity and lower trading volumes, leading to stability in crypto prices. This weekend, Ethereum found renewed demand for around $3,100. Meanwhile, Prominent crypto analyst Michael van de Poppe predicts that the Ethereum ETF will launch next week. This launch could drive a significant price reversal for ETH, attracting more interest and trading activity. Insights from ETH.CC…
11 months ago
Ethereum ETF Set To Launch Next Week: Is ETF’s Impact on ETH Price Highly Underestimated?
The post Ethereum ETF Set To Launch Next Week: Is ETF’s Impact on ETH Price Highly Underestimated? appeared first on Coinpedia Fintech News The German government has left with nearly 5000 BTC after selling more than 90% of their balance in the past few days. This has pushed the market and the participants into disbelief as the selling pressure continues to mount without enough participation from the bulls. While Bitcoin is struggling to hold $57,000, Ethereum’s price is comfortably sitting…
11 months ago
6,400 Ethereum Mystery Move Sparks ETH Rally Talk Pre-ETF Nod
As more and more investors choose to keep their Ethereum assets frozen rather than actively selling them, the Ethereum ecosystem suddenly finds itself severely short of supplies. The second-largest cryptocurrency in the world could face serious challenges going forward depending on the planned behavior of market players. Ethereum Supply Tightens Up The first sign of this supply gap came earlier this month when an unknown market player moved a staggering 6,400 Ethereum to the Beacon Chain depositor wallet. The Beacon…
11 months ago
Spot Ethereum ETFs FOMO: Tron Founder Justin Sun Drops $5 Million On ETH
Justin Sun, the founder of Tron, a decentralized blockchain-based operating system, has found himself joining the Spot Ethereum ETFs FOMO with a new $5 million investment in Ethereum (ETH), the world’s second-largest cryptocurrency. Tron Founder Buys $5 Million Worth Of ETH In an X (formerly Twitter) post on July 11, Spot On Chain, an AI-driven on-chain analytics platform, uncovered a new Ethereum transaction allegedly executed by Sun. According to the analytics platform, the Tron founder had supposedly spent $5 million…
11 months ago
Analyst says Ethereum Will Reach $8,000 ATH, But This Needs To Happen First
A crypto analyst has predicted that Ethereum (ETH), the world’s second-largest cryptocurrency will surge to new all-time highs around the $8,000 price mark. However, for Ethereum to reach this ambitious price target, the analyst emphasized that the cryptocurrency must fulfill certain key conditions. Ethereum Road Map To $8,000 ATH A crypto analyst identified as ‘Bluntz’ on X (formerly Twitter) has expressed bullish optimism for Ethereum’s future outlook. The analyst forecasted that ETH could witness a mega rally to an $8,000…
11 months ago
Political Developments Weigh on Ethereum (ETH) and Toncoin (TON), But Clandeno (CLD) Set to Explode with Revolutionary Tech; Presale Open Now
TON USDT is on a rising wedge and may drop to $4.578 price levels if the slant resistance doesn’t hold - Ethereum (ETH) as its co-founder Joseph Lubin said SEC remains neutral as the U.S 2024 Elections approach sighting the ETH ETF approvals. - E-commerce market to reach $7.9 trillion by 2027, as Clandeno (CLD) uses decentralized technology to set the pace. Global political developments weigh heavily on the cryptocurrency markets, significantly impacting the prices of Ethereum (ETH) and Toncoin…
11 months ago