Ethereum

Ethereum is under pressure at press time, tumbling roughly 15% from March 2024. As sellers press on, reversing all gains posted from May 20, on-chain data points to a bullish picture. Ethereum HODLers Scoop 298,000 ETH In 24 Hours Taking to X, one analyst notes a spike in ETH demand, especially from permanent holders. Most likely, these permanent holders are institutions with deeper pockets and are willing to hang on. Unlike retailers, these entities can often choose to hold for…

The post Ethereum ETF Approval on the Horizon: What It Means for Shiba Inu and Furrever Token Investors appeared first on Coinpedia Fintech News With the impending approval of Ethereum ETFs, the crypto market stands on the cusp of change. This regulatory development could deeply impact Shiba Inu and Furrever Token, opening up new paths for informed investors in these promising digital assets. Discover how to adjust to these changes and refine your investment approach to capitalize on emerging opportunities…

Notcoin has been a major player in the crypto market. But is the party over? While Notcoin's had its time in the sun, recent lacklustre performance has some investors wondering if it's peaked. However, Raboo, the meme coin with a mind-blowing 60% surge since launch, has made Ethereum whales start taking notice. Is Raboo poised to dethrone Notcoin as the hottest crypto around? This article will dissect Notcoin's current status and Raboo's meteoric rise to see if a changing of…

With the Spot Ethereum ETFs due to begin trading at some point in the next two or three months, could the $ETH price begin to rise in anticipation of this event, or could we see a return to $3,000 first? Gary Gensler, chairman of the SEC, has said that the Spot Ethereum ETFs that his agency has approved, will be able to begin trading this Summer. We are already halfway through June, so this should be within the next couple…

Ethereum price struggled to clear the $3,650 resistance. ETH started another decline and there is now a risk of more dips below the $3,420 support. Ethereum started a fresh decline below the $3,550 support zone. The price is trading below $3,540 and the 100-hourly Simple Moving Average. There is a crucial bearish trend line forming with resistance near $3,550 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it stays below the $3,550…

The post MemeCoins Are Beneficial to Ethereum : Vitalik Buterin appeared first on Coinpedia Fintech News Vitalik Buterin has voiced several reasons meme coins benefit Ethereum and the crypto ecosystem. Meme coins are driven by viral moments and community hype. While meme coins do not offer practical advancements like other crypto innovations, they are a good place to start for people interested in crypto. While some may think of meme coin as taking the energy away from more important developments,…

The US SEC approval of spot Ethereum Exchange-Traded Funds saw different responses from the crypto industry, with some viewing the approval as a sign of confidence in the digital assets while others considered it a risk. Despite these views, the approval led to a massive surge in different cryptos, with some recording significant uptrends, including Ethereum (ETH) itself. However, the hype behind the approval seems to have settled down as the current market has seen lots of cryptos undergo a…

Ethereum's momentum builds as it edges closer to its peak. With the ongoing bull run of 2024, major altcoins are poised for significant moves. The crypto market is buzzing with anticipation. How will altcoins react to Ethereum's surge? Experts and investors are keeping a close watch on these developments. The coming days could bring big surprises. Get ready to explore the shifts and trends that may shape the market. CYBRO Presale: A One-in-a-Million DeFi Investment Opportunity CYBRO is capturing the…

The post Ethereum Is Mirroring Bitcoin’s Price Action: Is This a Good News or Bad News? appeared first on Coinpedia Fintech News Analyst Josh of Crypto World said that the Bitcoin price is now flashing a new short-term signal that requires attention and Ethereum is rejecting key resistance after bouncing from key support. As soon as the new CPI numbers were released, showing 3.3% year-over-year inflation, Bitcoin saw a quick pump in price. This was followed by the Federal Reserve’s…