Ethereum (ETH)

The crypto market is experiencing a downturn as Bitcoin extends its losses, with Ethereum (ETH) and Solana (SOL) facing a price decline due to the pressure. Meanwhile, Algotech (ALGT) has garnered attention for successfully raising over $9 million in its presale. With the presale almost ending, ALGT offers an enticing opportunity for investors seeking higher profits. Can ALGT outperform ETH and SOL in achieving this feat? Let’s find out! Algotech Presale: ALGT Nears its Launch Price With...

The world’s number one and two leading cryptocurrencies by market capitalization, daily transaction volume, and crypto exchange volume have almost perfectly tied for ROI from Jan. 1 through the middle of June. For comparison, the S&P 500 Index notched up nearly 15% over that same period. But that’s more than the broad stock market benchmark usually makes in an entire year. So even during an unusually good two quarters for U.S. stocks, Bitcoin and Ethereum delivered...

With innovations emanating from the AI sector, this industry is poised to dominate the ongoing crypto bull run. RCO Finance (RCOF) demonstrates this assertion by introducing its AI-powered robo advisor, designed to enhance users’ investment strategies.  The technology will transform the way investors approach investing, guaranteeing financial freedom. Likewise, Near Protocol (NEAR) and Injective (INJ) have unveiled partnerships and good reports, presenting them as the best altcoins to buy...

This week was very exciting in terms of developments within the cryptocurrency industry. In the following, we take a look at some of the most important crypto news from the last seven days. Let’s dive in. Most Important Crypto News This Week The list is chronological, starting from June 15th. Crypto Investments Hit $1 Billion in May With Ethereum Dominating. According to a report published by KuCoin Research, the crypto industry saw a public disclosure of around 156...

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...