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
Prepare for July 2: Ethereum ETF Approval, Shiba Inu’s Breakout, and Furrever Token’s Referral Rewards
The post Prepare for July 2: Ethereum ETF Approval, Shiba Inu’s Breakout, and Furrever Token’s Referral Rewards appeared first on Coinpedia Fintech News As we near July 2, the cryptocurrency market is abuzz with anticipation. The possible approval of Ethereum ETFs promises a substantial boost, elevating market enthusiasm to unprecedented levels. Concurrently, Shiba Inu is poised for a potential surge, backed by promising metrics hinting at a breakout in its value. Alongside, Furrever Token is gaining traction with its delightful…
1 year ago
Ethereum Foundation Moves $64.4 Million Worth Of ETH, Is This A Dump?
The Ethereum Foundation is again in the news following its recent transaction involving millions of Ethereum (ETH) tokens. The non-profit organization’s Ethereum transactions are always significant, considering the impact they usually have on the second-largest crypto token. Ethereum Foundation Transfers $64.4 Million Worth Of ETH Crypto journalist Colin Wu revealed in an X (formerly Twitter) post that a wallet (0x8e…D052) linked to the Ethereum Foundation transferred 18,089 ETH ($64.4 million) to a new address (0x87…D812). On-chain data shows that the…
1 year ago
Ethereum, Dogecoin Lose Gains, But Analyst Says Bitcoin Is Not Done Until $300,000
Ethereum (ETH), Dogecoin (DOGE), and even Bitcoin (BTC) are experiencing significant price declines, mirroring a broader market correction. While some analysts remain optimistic about Bitcoin's long-term potential, predicting a rise to $300,000, the current market climate has many re-evaluating their investment strategies. This has led some analysts to explore safer alternatives, with ETFSwap (ETFS) emerging as the safest bet. ETFSwap (ETFS) Emerges As A Potential Alternative During Market Downturn The emergence of ETFSwap (ETFS) during this state of a broader market…
1 year ago
Ethereum On The Rise and Outperforms Bitcoin: Signals Indicate Fresh Increase
Ethereum price started a fresh increase from the $3,365 zone. ETH outperformed Bitcoin and might aim for a move toward the $3,800 resistance zone. Ethereum started a recovery after the bulls appeared near the $3,365 zone. The price is trading above $3,550 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance near $3,550 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend gains if it stays…
1 year ago
Polkadot’s Snowbridge to Go Live with UI Next Week: Seamless Ethereum Integration
Snowbridge is currently live on Polkadot and is undergoing final testing, with two of its lead developers predicting it will have a public launch this upcoming week. It will usher in a new era of a trustless, decentralized bridge between Polkadot and Ethereum, with features such as light client verification and cryptographic security. Snowbridge is launching this week, two leading developers in the Polkadot ecosystem have revealed. Traditional bridges trust third-party signatures for moving assets, compromising security. Snowbridge is trustless,…
1 year ago
Ethereum: 200,000 ETH Options Expiry Spurs Demand – How Far Can Price Go?
Investors are bullish on Ethereum as the industry awaits the launch of Spot Ethereum ETFs. This sentiment is relayed through the recent expiration of Ethereum options contracts and the put-call ratio. According to data, over 200,000 ETH options recently expired, and the crypto community eagerly awaits the direction of the Ethereum price. Notably, the majority of the expiring ETH options are call options, meaning buyers are betting the price will rise. At the same time, the put-call ratio is at…
1 year ago
Bitcoin, Ethereum, And XRP Price Prediction: Is The Bull Rally Over?
The post Bitcoin, Ethereum, And XRP Price Prediction: Is The Bull Rally Over? appeared first on Coinpedia Fintech News The crypto market continues to record significant price volatility, highlighting increased price action in the crypto space. However, top tokens display a negative influence, indicating a rising disinterest of investors in it. Moreover, elite cryptocurrencies such as Bitcoin, Ethereum, and Ripple fail to hold their respective price above their important support levels. This escalated the concerns of investors about their investments…
1 year ago
Ethereum and Solana’s Bearish Trends: Furrever Token Emerges as a Top Choice for Profits
The post Ethereum and Solana’s Bearish Trends: Furrever Token Emerges as a Top Choice for Profits appeared first on Coinpedia Fintech News In the dynamic world of cryptocurrencies, market fluctuations are common, and investors often find themselves navigating through periods of instability. Currently, Ethereum and Solana, two major players in the crypto market, are experiencing significant bearish trends. Amidst this volatility, Furrever Token is emerging as a promising alternative, offering a blend of profitability and charm that is attracting a…
1 year ago
Optimism Fault Proofs Have Arrived! What This Could Mean For Ethereum And New Star Raboo!
Development has rocked the DeFi sector again–that’s almost a weekly thing now–and this time, it’s coming from the Ethereum L2 networks. Optimism (OP) is achieving even more decentralization, and the upgrade spells a safe, transparent future for Ethereum (ETH). Raboo ($RABT), on the other hand, may passively benefit from the goodies in the long run, but it’s more concerned with its presale and launch now. The meme-verse is about to get rocked, too, and Raboo is the catalyst. More on…
1 year ago