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 Price Rises Amid Challenges: Will ETH Break Above $3,200?
Ethereum price extended its increase above the $3,120 resistance zone. ETH could soon aim for a move above the $3,200 resistance. Ethereum is slowly moving higher above the $3,080 level. The price is trading above $3,080 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,070 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise steadily if there is a close above the $3,200 resistance zone. Ethereum…
11 months ago
PEPE and BONK Lead Solana Rally, but this Hidden Ethereum Token is Running Hotter
As the memecoins PEPE and BONK ignite the Solana Rally, a lesser-known Ethereum token quietly steals the spotlight – RCO Finance (RCOF). The rousing reception for RCO Finance is nothing short of astounding, let alone the advanced presale of the RCOF Ethereum token that has surged over 10% in value. This has attracted the attention of many investors and the entire crypto community, leading to the question of whether RCOF could be the next sensational project in decentralized finance (DeFi).…
11 months ago
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EthereumThe Journey of Anthony Di Iorio: from Ethereum to Andiami
Anthony Di Iorio co-founded Ethereum, revolutionizing the blockchain with smart contracts. Andiami aims to democratize blockchain with game theory and plug-and-play hardware. The journey that Anthony Di Iorio follows to become a major player in the crypto scene is one of invention, risk-taking, and an unrelenting decentralizing quest. Set against Toronto, Canada, this narrative captures the core of entrepreneurial energy and the transforming possibilities of blockchain technologies. Growing up in Toronto, Anthony studied marketing at Ryerson University. After starting to…
11 months ago
Bitcoin, Ethereum, Cardano Rebound From Market Lows, Analyst Says Increase Will Continue
The post Bitcoin, Ethereum, Cardano Rebound From Market Lows, Analyst Says Increase Will Continue appeared first on Coinpedia Fintech News Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) were listed as some of the biggest losers in the metaverse this past month. However, these tokens ended the last week on a good note, and analysts believe this new trend will continue. ETFSwap (ETFS) has also enjoyed a steady run as its presale raises millions. Important Indicator Signals Huge Recovery For Bitcoin…
11 months ago
Battle Of The Blockchains: Solana vs Ethereum Altcoins
It is the battle of the blockchains again. The contestants this time around are Solana and Ethereum altcoins. Presently, the price of Ethereum altcoins – Pepe and Shiba Inu has been affected by the volatility in the crypto market. Pepe is still flagging positive signs while Shiba Inu has been under pressure for the past few weeks. On the other hand, the Solana altcoins – Angry Pepe Fork, Popcat, and Dogwifhat are skyrocketing up the price charts. VanEck and 21Shares…
11 months ago
Crypto Market Today: Why Ethereum and Solana Are Must-Buys in This Dip
The post Crypto Market Today: Why Ethereum and Solana Are Must-Buys in This Dip appeared first on Coinpedia Fintech News Bitcoin and Ethereum have recently experienced significant price drops, causing widespread concern among investors. Bitcoin’s fall below $55K triggered major trading signals, breaking the short-term uptrend since last August. Historically, similar corrections have lasted over two months before a bull run resumes. VirtualBacon, a Crypto analyst points out that the recent market dip isn’t just about German selling of 27,000…
11 months ago
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EthereumJustin Sun’s $1.11B Ethereum Bet: Recent $5M Buy Hints at More to Come
The post Justin Sun’s $1.11B Ethereum Bet: Recent $5M Buy Hints at More to Come appeared first on Coinpedia Fintech News In an intriguing development, Justin Sun, founder of TRON, allegedly invested 5M $USDT to acquire 1,614 $ETH at approximately $3,097. This purchase adds to a potential accumulation of 362,751 $ETH, worth around $1.11B, since February 8 via three wallets. Moreover, a recent 45M $USDT deposit to Binance by Sun suggests further Ethereum acquisitions could be on the horizon. This…
11 months ago
Ethereum Price Sets Sights on Upside Break: Indicators Turn Green
Ethereum price is moving higher above the $3,080 resistance zone. ETH could gain bullish momentum if there is a close above the $3,150 resistance. Ethereum is slowly moving higher above the $3,050 level. The price is trading above $3,050 and the 100-hourly Simple Moving Average. There was a break above a short-term bullish flag with resistance near $3,090 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if there is a close above…
11 months ago
Ethereum Whale Sparks Sell-Off Rumors With 11,215 ETH Coinbase Deposit
An Ethereum whale has caused panic among community members following a recent transaction suggesting they might be looking to offload their holdings. This comes amid a recent prediction by research firm Matrixport that Ethereum’s price could significantly rebound from its current price level. Ethereum Whales Transfers 11,215 ETH Onchain data shows that the Ethereum whale transferred 11,215 ETH ($34.3 million) to the crypto exchange Coinbase. A trader usually makes such a move when selling these tokens, and considering the amount…
11 months ago