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
Ethereum vs. Solana: Wintermute CEO Gaevoy Challenges ETH Leadership
Evgeny Gaevoy has taken shots at Vitalik Buterin and the Ethereum leadership, saying that if the network fails, it will be because they are “still stuck in a massive contradiction.” The online debate was first sparked by Buterin’s criticism of celeb coins after rapper Iggy Azalea launched MOTHER and it became an instant hit, with some like Uniswap’s Hayden Adams supporting Buterin. Iggy Azalea has been making headlines in the crypto industry since she launched Mother Iggy, a meme coin…
1 year ago
Ethereum Inflows Soar: Record Week With $69M As ETFs Near Trading Launch, What’s Next?
Following the recent price spike that brought Ethereum (ETH) close to the $4,000 mark, the second-largest cryptocurrency has experienced inflows and renewed market enthusiasm. This comes in response to the US Securities and Exchange Commission’s (SEC) approval of Ethereum ETF applications by major asset managers. Best Week For Ethereum Since March According to a report by CoinShares, digital asset investment products have witnessed a total of $2 billion inflows, contributing to a five-week consecutive run of inflows amounting to $4.3…
1 year ago
Ethereum ETF Poised to Steal 20% Of Bitcoin ETF’s Money Flow, Here’s Why
The post Ethereum ETF Poised to Steal 20% Of Bitcoin ETF’s Money Flow, Here’s Why appeared first on Coinpedia Fintech News Last week, U.S. Bitcoin ETFs saw a record $1.8 billion in inflows, marking their 19th consecutive day of increased demand. Many people in the crypto community think that once Spot Ethereum ETFs go live, Ethereum could attract 10% to 20% of the money currently flowing into spot Bitcoin ETFs. As, the agency is reviewing S-1 registration statements, which are…
1 year ago
Will Ethereum (ETH) Price Head Toward $4K Mark Or Plunge To $3.4K This Week?
The post Will Ethereum (ETH) Price Head Toward $4K Mark Or Plunge To $3.4K This Week? appeared first on Coinpedia Fintech News The cryptocurrency market leader, Bitcoin price, failed to hold its price above the $70K mark and continues to display a weak price action. This resulted in top altcoins recording significant corrections in their respective portfolios over the past weekend. On the other hand, the altcoin leader, the Ethereum token, has followed in the footsteps of the market leader…
1 year ago
Analysts Predict Ethereum To Reach $13,654 by 2025, While Hot New Meme Coin Steals the Spotlight From DOGE
Over the last two weeks, Ethereum has turned the tide, breaking the long barrier of $3700. As a result, many analysts are coming out with a bullish prediction of up to $13,654 by 2025. However, despite DOGE's status as the king of meme coins, the token is finding it hard to challenge the new meme coin, Angry Pepe Fork (APORK). The meme coin presale has taken the spotlight away from DOGE with many traders viewing it as the best meme…
1 year ago
Ethereum Whales Change Attention To New 100x Altcoin! Can Cardano Turn Things Around?
Two major updates have been shaking up the crypto-verse for some days now. First is the $32.96 million move by Ethereum (ETH) whales and what their next steps could mean for the market. Second, a new altcoin, Raboo and its $RABT tokens are taking over the crypto market, and its staggering presale success suggests it could be the next cash spinner for investors. Some analysts speculate that both updates may be somewhat connected, as ETH Whales might be angling at…
1 year ago
Ethereum Challenger Emerges: MultiversX (EGLD) Tops Decentraland in Gaming Development
MultiversX has surpassed Decentraland in development activity, positioning it as a leading blockchain gaming platform. The surge in development activities reflects a robust commitment to innovation within the MultiversX ecosystem. Following the disturbing news of a $4.6M hack that compromised Ethereum’s gaming platform, as reported by CNF, a new leader has emerged in the blockchain gaming world. MultiversX has taken the lead over the Ethereum-based virtual reality platform Decentraland, showcasing a significant evolution in blockchain gaming dynamics. Innovation at the…
1 year ago
What’s next for Bitcoin, Ethereum and Solana?
The post What’s next for Bitcoin, Ethereum and Solana? appeared first on Coinpedia Fintech News Analyst Josh, in his latest analysis video, pointed out that Bitcoin has witnessed minimal movement in price over the weekend, with only a slight uptick observed. However, historical data from the past month reveals a pattern where volatility tends to increase as the weekend draws to a close and the new week begins. Analyzing the current Bitcoin chart, the analyst noted that Bitcoin might be…
1 year ago
Ethereum Price Battles Resistance: Faces Steep Climb Ahead
Ethereum price declined heavily and tested the $3,580 support zone. ETH is now recovering and faces many hurdles near the $3,740 zone. Ethereum started a recovery wave and climbed above the $3,660 resistance. The price is trading below $3,750 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $3,740 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh upward move unless there is a close…
1 year ago