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
3 Best Ethereum Tokens Primed for Massive Gains: Insights for 2024’s Bull Run
The post 3 Best Ethereum Tokens Primed for Massive Gains: Insights for 2024’s Bull Run appeared first on Coinpedia Fintech News As the 2024 crypto bull run inches on and the Ethereum DeFi rises, investors continually seek the best investment vehicles to hop aboard to secure considerable returns. This search has spotlighted RCO Finance (RCOF), Shiba Inu (SHIB), and Arbitrum (ARB), three Ethereum-based tokens believed to be poised for explosive surges. Considering these assets’ market dynamics and past performances, they…
12 months ago
Bitcoin, Ethereum, And XRP Price Prediction: Top Tokens To Retest Their Crucial Support?
The post Bitcoin, Ethereum, And XRP Price Prediction: Top Tokens To Retest Their Crucial Support? appeared first on Coinpedia Fintech News The crypto market has constantly traded under a bearish sentiment for a brief period, indicating an increase in the selling pressure within the crypto space. Moreover, the market leader, BTC price has failed to hold its value above the $65,000 mark. Following in its footsteps, the altcoin leader, the Ethereum token has recorded a consolidated price action over the…
12 months ago
Ethereum (ETH) Records Surge In Active Addresses – Incoming Price Rebound?
Ethereum (ETH) is currently down by 0.75% as its price continues a range-bound movement seen all week. However, in its monthly timeframe, the most prominent altcoin displays a concerning performance with a reported loss of 6.40% according to data from CoinMarketCap. However, popular crypto analyst Ali Martinez has picked up a notable development on the Ethereum network which could spell good fortunes for price action in the coming days. Ethereum Active Addresses Soar To 3-Month High At 617,170 In an…
12 months ago
Analyst Credible Crypto Predicts Ethereum (ETH) to Hit New All-Time High Post-SEC Decision
Popular crypto analyst Credible Crypto predicts that the SEC backing off Ethereum is the last nail in the coffin for bears with the altcoin readying for a new all-time high. The analyst expects ETH to reach $5,000 and further predicts that Bitcoin (BTC) will reach $100,000 in this bull cycle. Ethereum (ETH) is one of the most closely watched cryptocurrencies in the upcoming bull market. Popular crypto analyst Credible Crypto who has risen to prominence due to his uncanny predictions…
12 months ago
Hashdex’s Combined Bitcoin And Spot Ethereum ETFs Filing Boosts These 3 Altcoins
The post Hashdex’s Combined Bitcoin And Spot Ethereum ETFs Filing Boosts These 3 Altcoins appeared first on Coinpedia Fintech News The recent filing by Hashdex for a combined Bitcoin (BTC) and Spot Ethereum ETFs has sent ripples through the cryptocurrency market, providing a significant boost to ETFSwap (ETFS), Ondo Finance (ONDO), and Worldcoin (WLD). Among these altcoins, ETFSwap (ETFS) has emerged on top, leveraging its innovative platform and comprehensive DeFi solutions to capitalize on this market momentum. ETFSwap (ETFS) Takes…
12 months ago
Standard Chartered To Launch Spot Bitcoin (BTC), Ethereum (ETH) Trading Desk
UK-based Standard Chartered is officially establishing a spot Bitcoin and Spot Ethereum trading desk. The London-based desk will soon begin operations and be part of the bank’s FX trading unit. The announcement makes Standard Chartered one of the first global banks to enter the spot cryptocurrency trading space. Spot Bitcoin, Ethereum Trading Desk The new crypto trading desk will be used to purchase and sell Bitcoin (BTC) and Ethereum (ETH) directly. With the new trading desk, Standard Chartered has become…
12 months ago
Consensys Predicts Ethereum ETF Approval Within Days
Blockchain startup Consensys has predicted that spot Ethereum ETF S-1 registrations will soon be approved. Analysts are projecting a an early July approval timeline for trading to commence. Blockchain software technology company, Consensys has predicted that the SEC could approve S-1 filings for spot Ethereum Exchange Traded Funds (ETFs) in a matter of days. Collin Brown, a renowned blockchain researcher commented that the prediction portends a bullish signal for Ethereum, the second-largest cryptocurrency. Ethereum ETF approval on the horizon! Consensys…
12 months ago
Ethereum DeFi Sector Poised for Strong Growth, Says Legendary Analyst
The post Ethereum DeFi Sector Poised for Strong Growth, Says Legendary Analyst appeared first on Coinpedia Fintech News Renowned analyst and co-founder of Syncracy Capital, Ryan Watkins, has identified a significant opportunity in the Ethereum DeFi sector, suggesting that current market conditions present the strongest setup for DeFi since 2020. His analysis highlights the potential for a surge in Ethereum’s decentralized finance ecosystem. But the big question is when DeFi will become too profitable to ignore. DeFi Sector on The…
12 months ago
SEC Drops Ethereum (ETH) Probe, But Consensys Litigation Marches Forward
Consensys, a leading Ethereum software company, is pressing forward with its lawsuit against the U.S. Securities and Exchange Commission (SEC), seeking greater regulatory clarity for the cryptocurrency sector, even after the SEC concluded its 14-month investigation into the Ethereum developer. SEC Investigation Closure The SEC announced the closure of its investigation on June 18, which had scrutinized the buying and selling of Ether during Ethereum's transition to a proof-of-stake consensus mechanism. The investigation, which began on March 28, 2023, also…
12 months ago