Ethereum

As the global financial markets prepare to launch U.S.-based spot Ethereum exchange-traded funds (ETFs), Ethereum is positioned to potentially outperform Bitcoin, according to a new analysis by K33 Research. This comes amid concerns that Bitcoin might face downward pressure due to upcoming repayments to creditors of the defunct Mt. Gox exchange. ETF Launch to Begin a New Era for Ethereum Ethereum has lagged behind Bitcoin in performance over the last year, with the former surging 67% while the latter by…

Ethereum price failed to clear the $3,520 zone and started a fresh decline. ETH dived below the $3,250 support and even tested the $3,150 zone. Ethereum started a fresh decline below the $3,320 and $3,250 levels. The price is trading below $3,250 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $3,325 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct losses, but upsides might be limited…

The post Crypto Investors Place $500 Million In Spot Bids For Bitcoin And This Ethereum Token Pop 67⁶ are appeared first on Coinpedia Fintech News In a remarkable show of confidence, crypto investors have placed $500 million in spot bids for Bitcoin (BTC) and the Ethereum-based token, ETFSwap (ETFS). This significant investment underscores the growing trust in the cryptocurrency market, particularly highlighting ETFSwap (ETFS) as an increasingly lucrative product for crypto investors. The Innovative Utilities And Infrastructure Of ETFSwap (ETFS)…

The post Will Bitcoin and Ethereum Drop To New Low This Week? appeared first on Coinpedia Fintech News The cryptocurrency market has displayed a strong bearish price action over the past 48 hours, resulting in top tokens recording significant losses in their respective portfolios. Furthermore, the market leader, Bitcoin price has lost approximately 5% within the past 24 hours. On the other hand, the leader of altcoins, the Ethereum (ETH) token has displayed a similar price action and has experienced…

Ethereum (ETH) has become a beacon in the sea of blockchains, boasting a staggering 92% surge in dApp (decentralized application) volume over the past week. This news, however, comes with a layer of complexity, revealing a landscape of both opportunity and potential setbacks for the leading blockchain. Cheap Gas Fuels The Fire Analysts attribute the dApp volume explosion to the Dencun upgrade in March, which significantly reduced gas fees – the cost associated with processing transactions on the Ethereum network.…

  With the crypto world currently experiencing a lengthy bearish market, investors are searching for projects that have the potential to succeed. One such project has been identified as ETFSwap (ETFS), a leading crypto ETF trading platform.  Interestingly, the project’s viability and potential have caught the attention and piqued the curiosity of some Bitcoin (BTC) millionaires and Ethereum whales. This has resulted in them buying the emerging ETFSwap (ETFS) presale with the aim of making better returns.  Bitcoin Millionaires And…

The post Bitcoin Consolidation, Ethereum Set to Soar Post-ETF and Furrever Token’s Adorable Launch is Set – Use Code LAUNCHFURR for Bonuses! appeared first on Coinpedia Fintech News The cryptocurrency market is changing fast, with Bitcoin, Ethereum, and the new Furrever Token catching everyone’s eye. Bitcoin is consolidating now, Ethereum looks set to grow after getting ETF approval, and Furrever Token is shaking things up with its adorable kitty-themed approach. Keep reading for the latest updates and how you can…

The post Ethereum Price Slips: Will THIS Key Level Spark a Rebound? appeared first on Coinpedia Fintech News Ethereum (ETH) is currently trading at $3,297, marking a 4.29% decline in the past 24 hours and a 2.15% drop over the last seven days. Despite these short-term decreases, Ethereum still holds a strong market cap of $396.33 billion and has a substantial trading volume of $13.63 billion.  What next? Seeking Signs of Recovery Many analysts are closely monitoring ETH’s price trajectory,…

Spot Ethereum (ETH) ETF applications are expected to be approved on July 15 as revised S-1 forms are scheduled to be submitted on July 8, with final submission expected to be on July 12.  Crypto Exchange Gemini believes that in the first six months of trading, Ether ETFs could record net inflows of $5 billion.  The S-1 filings for spot Ethereum (ETH) ETFs may be approved, as the president of The ETF Store, Nate Geraci, anticipates a decision in mid-July. …