Ethereum

Ethereum researcher Justin Drake has praised Shiba Inu’s remarkable market dominance which is greater than Solana memecoins combined. Shiba Inu has shown superior quality and substantial market influence, positioning it as a market leader among memecoins. In a recent interview, Ethereum researcher Justin Drake praised Shiba Inu for its recent achievements. Speaking with Anatoly Yakovenko, co-founder of Solana, and David Hoffman of Bankless, the trio sought to highlight the various strengths and weaknesses of a number of blockchains. Drake pointed…

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently seen its price fall below the 4-hour Simple Moving Average (SMA). This technical development is noteworthy for traders and investors, as the 4-hour SMA is often used to gauge short-term market momentum. When a cryptocurrency’s price drops below this moving average, it can signal a potential shift in market sentiment from bullish to bearish. This could imply increased selling pressure and a possible downward trend continuation. The implications of this…

The price of Litecoin (LTC) has had a disappointing performance in the second quarter of 2024, despite making a positive start to the year. The cryptocurrency has been facing significant bearish pressure in the past day, with its price falling by nearly 5% in a single move. Despite LTC’s apparent struggles in terms of price action, its network has witnessed remarkable growth in recent weeks.  LTC Addresses Spike By 75% In A Single Day According to data from the on-chain…

SEC Chair Gary Gensler emphasized in a recent interview that the pace of approval for spot Ethereum ETFs in the United States hinges on the responsiveness of ETF issuers to SEC comments. Gensler’s remarks shed light on the SEC’s recent shift in stance on spot Ether ETFs, hinting at possible influences from Grayscale’s successful legal challenge regarding Bitcoin ETFs in 2023. In his latest interview, SEC chair Gary Gensler stated that the speed of approval for the spot Ethereum ETFs…

In the latest XRP news, Ripple’s endorsement of an ETF plan has analysts thinking that a significant rise is on the horizon for XRP.  Meanwhile, Raboo is getting noticed in the crypto market and is now in the fourth Stage of its presale. With a 60% increase since Stage 1, Raboo has amassed over $1.7 Million, attracting over 8,000 registered members and 2,500 token holders.  The $RABT token is priced at only $0.0048 and is tipped to surge 100x in…

The on-chain analytics firm CryptoQuant has explained why Bitcoin and Ethereum have recently appeared to be on a path towards acceleration. Bitcoin & Ethereum Are Looking Bullish In On-Chain Metrics In a new thread on X, the official CryptoQuant handle discussed how some important on-chain indicators are looking for Bitcoin and Ethereum right now. The first two metrics of interest here keep track of the demand from the permanent holders and the whales. First, here are the relevant charts for…

Uniswap now has more v2 liquidity pools on Layer 2s than it does on Ethereum, with Base leading the pack as L2s continue to gather steam. Uniswap continues to fight the SEC on the regulatory front amid a delayed governance vote on incentives that has exposed some cracks in its decentralized ecosystem. Layer 2s on Ethereum have continued to gather steam as users seek alternatives to the mainnet’s hefty fees. The latest demonstration of this increasing influence is on Uniswap,…

Renowned analyst gives a bold prediction on the altcoin market, claiming Ethereum (ETH) and Polkadot (DOT) may lead the charge for a monumental rally.  According to him, the Ether ETF approval coupled with other factors could massively benefit ETH and the altcoin ecosystem at large.  Bitcoin (BTC) edges closer to setting a new all-time high price record with a seven-day surge of 4%, however, most altcoins appear unbothered at this point as the likes of XRP, Dogecoin, and Shiba Inu…

The post Why Furrever Token’s 25% Bonus is a Must-Buy Amid Solana and Ethereum Bullish Movements appeared first on Coinpedia Fintech News In the ever-changing realm of digital currencies, timing plays a crucial role. Furrever Token, known for its unique charm and supportive community centered around cute cat visuals, presents a special 25% bonus on new purchases, drawing in investors with an irresistible deal. This time-limited offer aligns with positive trends seen in major cryptocurrencies like Ethereum and Solana, creating…