Ethereum (ETH)

This week, we take a closer look at Ethereum, Ripple, Cardano, Dogecoin, and Polkadot. Ethereum (ETH) Ethereum lost its bullish momentum this week and closed it with a 4.4% loss. Sellers took over the price action and pushed this cryptocurrency to the key support at $3,500. However, this pullback could turn out to be a normal retest, considering the massive breakout after the ETF confirmation. As long as buyers hold the price above $3,500, there is no reason to be too...

Crypto AI trading platforms in cryptocurrency are becoming common due to their ability to help analyze large databases to make better trades. These platforms leverage AI algorithms to learn and operate in the perpetually evolving cryptocurrency market. Investors are turning to these platforms to maximize their profits and become millionaires by 2024. As we look ahead, three AI trading platforms stand out as potential paths to millionaire status: RCO Finance (RCOF), Bitsgap, and Octobot. 1....

After the US Securities and Exchange Commission made history earlier this year by approving almost a dozen spot Bitcoin ETFs, all eyes in the community turned to the next digital asset in line – Ethereum. While the landscape didn’t look promising at first, it changed several weeks ago when, somewhat surprisingly, the agency greenlighted eight spot Ethereum ETFs. However, the launch date is still unknown. When the spot BTC ETFs were approved by the securities regulator, they...

Ethereum has continued to face challenges staying above the $4,000 mark, mirroring the lack of momentum in the broader market. While the investors await for a rally, data suggest a surge in demand for the world’s largest altcoin. Permanent Ethereum Holders Bought Big According to CryptoQuant head of research Julio Moreno’s recent findings, Ethereum’s demand has spiked owing to a significant buying spree by “permanent holders” of the cryptocurrency. In fact, this cohort of...

[PRESS RELEASE – New York, New York, June 14th, 2024] Kadena, the world’s only scalable Proof of Work blockchain, announces a partnership with Lurk Lab to build out a Zero-Knowledge tech stack on the Kadena blockchain that will pave the way for provably secure cross-chain messaging. Kadena and Lurk Lab are developing a robust ZK roadmap that includes a ZK bridge between Ethereum and Kadena. In total, there are two milestones that are expected to be accomplished in the second...

Securities and Exchange Commission (SEC) chair Gary Gensler spoke in a Senate Appropriations Committee meeting on June 13, addressing the state of ETH ETFs. Tennessee Senator Bill Haggerty questioned Gensler about why the SEC had not approved the ETFs yet and accused the agency of not adopting a “constructive set of rules of the road for the crypto industry.” Gensler said that the ETFs were coming “sometime over the course of this summer,” implying the approvals of the S-1 filings will occur...

CoinspeakerEthereum Price Correction Is Almost Over, Analyst Gives Bullish Call to $10K CrediBULL Crypto says that if Bitcoin price were to reach $100,000 in the near time, than Ethereum too would catch up rallying at least a 3x from the current levels. Ethereum Price Correction Is Almost Over, Analyst Gives Bullish Call to $10K

CoinspeakerQCP: Crypto to See Quiet Summer as Miners Witness Post-Halving Capitulation The analysis states that Ethereum currently presents a strategic opportunity for traders. For the short term, QCP Capital reiterated its prediction of no major immediate price movements for ETH. QCP: Crypto to See Quiet Summer as Miners Witness Post-Halving Capitulation

Big News, die Ankündigung von Donald J. Trump, für seinen Wahlkampf 2024 Spendengelder u.a. in Cryptos zu akzeptieren. Ein logischer Schritt, denn gemäss Donald Trump besitzen 16 % der US-Bürger digitale Währungen wie Bitcoin. Folgende Cryptos listet Trump auf seiner Election Campaign-Seite: Besonders interessant ist das 0x-Protokoll (ZRX), da dieses Projekt (noch) ziemlich unbekannt ist. 0x-Protokoll (ZRX): Wegbereiter für den dezentralen Handel Das 0x-Protokoll (ZRX) ist...

The UwU Lend protocol, previously targeted in a nearly $20 million hack on June 10, is facing an ongoing cryptocurrency exploit that has so far resulted in the theft of $3.7 million. This development comes as the protocol has been making efforts to reimburse its users following the $19.3 million June 10 hack. $3.7 Million Hack Cyvers, an on-chain data analytics platform, was the first to alert UwU Lend about the ongoing exploit. According to its findings, the bad actors...