Ethereum

Ethereum, mirroring the performance of Bitcoin and other top altcoins, is back above $3,000, days after the fall below $2,800. As the second most valuable coin recovers, injecting optimism among crashed token holders and traders, a close above $3,200 will be crucial in catalyzing demand. Ethereum Rising: Will Bulls Push Above $3,200? According to IntoTheBlock on July 10, if Ethereum edges above the $3,200 level, it will be a massive development for traders. When this happens, an estimated two million…

The few issues between the US SEC and the spot Ethereum ETF issuers as depicted in the S-1 update fillings are an indication of imminent listing ahead. The Ethereum network has grown to a major supporter of the global web3 ecosystem, thus attracting more institutional and retail investors. In a recent interview, Katherine Dowling, the Chief Compliance Officer of Bitwise, reiterated her confidence in the inevitable listing of several spot Ethereum (ETH) exchange-traded funds (ETFs) this summer. Dowling noted that…

The post Bitcoin (BTC) Hints at Short-Term Bounce, Ethereum DeFi On Brink of Major Surge appeared first on Coinpedia Fintech News The live crypto market thrives on duality, and at press time, Bitcoin (BTC) is hinting at a potential short-term bounce after a terrible start to Q3. Technical indicators suggest a period of consolidation might be nearing its end, with a possibility of a price increase in the short term. However, the spotlight is shifting towards a different corner of…

The post These Altcoins Poised To Record 100% Surge As Ethereum Regains Momentum? appeared first on Coinpedia Fintech News With the rising bullish sentiment, the cryptocurrency market has displayed a positive price action for the second straight day, highlighting an increase in the buying-over-selling pressure in the crypto space. Moreover, with the price of Ethereum holding its value above $3K, altcoins have regained momentum. Moreover, mid-cap altcoins have recorded the highest gains with top tokens recording double-digit gains over the…

The post Top RWA Tokens Must Look After Amid Ethereum ETF Listing  appeared first on Coinpedia Fintech News With the Ethereum price rising as Bitcoin marks its third consecutive positive day, the altcoins are quick to jump. The bullish trend is gaining momentum as the market gurus anticipate Ethereum listing in July, amidst which the RWA Tokens deserve to be on your crypto watchlist.  With the market anticipating a bullish turn in the coming weeks, low-cap altcoins are worthy to…

Despite the latest market sell-offs, financial analysts have noticed an Ethereum mega whale has amassed a large holding of certain interesting crypto tokens. The anonymous crypto investor has gathered $120 million in Shiba Inu (SHIB) and ETFSwap (ETFS), a Bitcoin ETF token.  Massive Shiba Inu (SHIB) Acquisition By Anonymous Ethereum Mega Whale The crypto market has recently turned its attention to Shiba Inu (SHIB) and a new Bitcoin ETF token, ETFSwap (ETFS). The increasing interest in this new Bitcoin ETF token…

Ethereum price seems to be aiming for a decent recovery. ETH could gain bullish momentum if there is a clear move above the $3,110 resistance. Ethereum is slowly moving higher above the $3,000 level. The price is trading above $3,000 and the 100-hourly Simple Moving Average. There is a short-term declining channel or a bullish flag forming with resistance near $3,080 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if there is…

Galaxy Digital predicts Ethereum ETFs will attract about one-third of the inflows seen by Bitcoin ETFs. The firm bases this estimate on comparisons of market cap, open interest, futures volume, and AUM. Galaxy Digital anticipates that Ethereum (ETH) exchange-traded funds (ETFs) will attract roughly one-third of the inflows that Bitcoin (BTC) ETFs do. This projection comes from a new research post by Charles Yu, vice president of research at Galaxy Digital. Yu’s analysis focuses on market capitalization, open interest levels,…

The post Ethereum Regains $3000 Ahead of ETH ETF Launch, Here is When it May Reclaim $4000 appeared first on Coinpedia Fintech News After hitting the lows below $2900, a couple of times, the Ethereum price has managed to reclaim the pivotal range of $3000. Moreover, the second-largest crypto sustains above the gains, indicating a strong presence of bulls at these levels. Therefore, the ETH price is believed to maintain a healthy upswing hereafter and revive a fine ascending trend…