Ethereum

Amid the ongoing bloodbath in the cryptocurrency market, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has not been spared. Over the past week, ETH has experienced a significant 9% price decline, bringing it down to the $3,130 level.  As market participants closely monitor the situation, the focus now lies on crucial levels that must be held back to prevent a deeper retrace that could lead to substantial losses and heightened liquidation rates not witnessed in months. Make-Or-Break Moment For…

Ethereum price remained in a bearish zone below $3,250 zone. ETH dived below the $3,000 support and even tested the $2,850 zone. Ethereum started a fresh decline below the $3,120 and $3,000 levels. The price is trading below $3,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $3,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct losses, but upsides might be limited above the $3,120…

The post Bloomberg Analyst Revises Spot Ethereum ETFs Launch Date As SEC Returns S-1 Forms appeared first on Coinpedia Fintech News Uncertainty runs high and investors and traders are left in suspense on the future of Spot Ether ETFs as the Securities and Exchange Commission (SEC) hits the brakes on the approval process. ETFSwap (ETFS), on the other hand, is ready to begin trading Spot Ethereum ETFs as new Bloomberg updates storm the media.  Navigate Uncertainty in the Future of…

The post Mysterious Satoshi Era Bitcoin Whale Awakens, Crypto Traders Intrigue Potential Ethereum Token Purchase appeared first on Coinpedia Fintech News The Bitcoin community was electrified by the Satoshi era Bitcoin whale waking from a decade-long slumber and being associated with the RCO Finance (RCOF) token. The awakening of this wallet from the early days of Satoshi, which contained a significant amount of Bitcoin, has affected the crypto community. People have started speculating about the wallet holder’s intentions and whether…

The post Ethereum (ETH) Price Drop To $3093: Is a Bigger Crash Ahead? appeared first on Coinpedia Fintech News Ethereum (ETH), the largest altcoin by market value, experienced a sharp drop in its native token, Ether, falling 6% to around $3,092 on July 4. This marks its worst daily performance in three weeks. However, Veteran crypto analyst Wolf believes Ethereum is at a crucial point, attempting a bearish move that could heavily influence its future price. Ethereum To Face Decline…

The post Ethereum ETFs and Solana’s Growth: The Perfect Time to Get Your Furrever Token with a 100% Bonus! appeared first on Coinpedia Fintech News The cryptocurrency community is abuzz with excitement as Ethereum ETFs and Solana’s impressive growth steal the spotlight. In the midst of this surge, there’s a special chance with Furrever Token, bringing a cute touch to crypto. With Ethereum ETFs gaining popularity and Solana rising fast, now is the perfect time to explore Furrever Token’s charming…

In the first quarter of the year, Solana-based meme coins have emerged as the frontrunners, surpassing Ethereum’s meme coin ecosystem and artificial intelligence (AI) tokens, according to a recent report by market data platform CoinMarketCap.  This shift in popularity signifies a change in dynamics within the cryptocurrency market, with meme coins gaining traction and challenging previously dominant narratives such as smart contracts, decentralized finance (DeFi), and non-fungible tokens (NFTs). Solana Ecosystem Dominates Growth Chart The CoinMarketCap report highlights that the…

Ethereum (ETH) is experiencing a significant downturn, with its price rapidly approaching the crucial support level of $3,051. This sharp decline highlights increased selling pressure and growing bearish sentiment in the market.  As Ethereum nears this critical threshold, traders are closely monitoring its behavior for signs of either a stabilization or a further drop. The $3,051 support level is now a focal point, determining the short-term direction of Ethereum’s price action and potentially setting the stage for future movements in…

The post $15 Billion Into Ethereum? Bitwise CIO Explains Two Reasons for Bold Prediction appeared first on Coinpedia Fintech News Analyst Scott Melkar took to his latest video and said that the market is dipping due to the summer slowdown, but major positive changes are ahead for the crypto industry. One key development is the launch of the Ethereum spot ETF. Bitwise CIO Matt Hougan, who joined Melkar for a conversation,  predicts that these ETFs could attract up to $15…