Ethereum (ETH)

The cryptocurrency market experienced a 10% decline overnight, while meme coins like Pepe Coin (PEPE), Dogwifhat (WIF), and Alex The Doge (ALEX) surged by 12%. This unexpected trend has sparked interest from investors and analysts. The article explores the market downturn, the resilience of meme coins, and provides a detailed analysis of Pepe Coin (PEPE), Dogwifhat (WIF), and Alex The Doge (ALEX), along with expert opinions on future trends. The Market Downturn: A Brief Overview The...

The world’s fourth-largest asset manager has promised to seed its upcoming Ethereum ETF with $4.7 million ahead of launch, according to a regulatory filing. “Total proceeds to the Trust from the sale of the Seed Baskets were $4,749,975.00,” read Fidelity’s S-1 registration form for its “Fidelity Ethereum Fund” filed on Friday. Fidelity Buys Its First Batch Of Ethereum The proceeds were used to buy ETH on June 4, securing 1,250 ETH at the time. They were bought by FMR Capital...

On-chain experts have warned that political-themed meme coins will remain volatile for the next seven days or more as the United States presidential debate approaches. Bitfinex analysts said PolitiFi tokens have become speculative assets for the outcome of the upcoming elections; hence, they could witness dramatic rises and falls before, during, and after the debate between the leading candidates, incumbent President Joe Biden and former President Donald Trump. PolitiFi...

British multinational bank Standard Chartered is all set to roll out a trading desk for Bitcoin and Ether. The latest development makes it one of the first global banks to engage in spot cryptocurrency trading. Standard Chartered has been engaging with players in the digital asset space for quite some time and has also partnered with several entities amidst increased demand for crypto exposure. Standard Chartered Ventures Into Spot Trading According to two anonymous sources...

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Historically, Bitcoin has played a crucial role in driving market trends. Due to this substantial influence over other cryptocurrencies, BTC has, time and again, served as a primary indicator. While long-term holders of Bitcoin started liquidating their positions in January, their Ethereum counterparts have been steadily accumulating. Divergence Among Ethereum Holders The behavior of long-term holders is crucial for gauging market cycles. As price increases, these investors...

Die Ferienzeit ist da, und damit auch die Reisezeit. Viele Reisende greifen standardmäßig zur Kreditkarte, doch Bitcoin bietet überraschende Vorteile, die oft übersehen werden. Während Kreditkarten weit verbreitet sind, können sie im Ausland mit hohen Gebühren und ungünstigen Wechselkursen verbunden sein. Bitcoin hingegen kann eine kostengünstigere und flexiblere Alternative darstellen. Einer der grössten Vorteile von Bitcoin ist die Unabhängigkeit von Banken und...

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With spot Ethereum ETFs on the horizon in the United States, should existing Bitcoin ETF holders split their crypto holdings into ETH? In a Twitter thread on Thursday, Bitwise CIO Matt Hougan offered three reasons for why this might be a good idea. Why Bitcoin Holders Should Buy Ethereum The first, Hougan wrote, is for the sake of diversification. Since predicting the future of crypto is difficult, holding a stake in both leading assets can provide investors relief in case...

TL;DR Ethereum’s popularity surged after the US SEC closed a particular investigation related to the asset and Pantera Capital announced plans to invest $100 million in a spot ETH ETF. Other recently-trending cryptocurrencies include the Trump-themed DJT token, ENS, and Fetch.ai (FET), which saw a 30% price increase. Attracting the Most Attention The crypto market intelligence platform Santiment revealed that Ethereum (ETH) has witnessed the largest rise in trader interest...