Ethereum (ETH)

[unable to retrieve full-text content]CoinspeakerDaily ETH Burn Rate Hits Yearly Low amid Reduced Gas Fees The drop in recent ETH burn has a direct impact on what used to be the deflationary nature of the Ethereum network. Daily ETH Burn Rate Hits Yearly Low amid Reduced Gas Fees

While Bitcoin and other major altcoins like Ethereum are slowly beginning to make a strong comeback in the market, many top DeFi projects are still finding it hard to match their previous highs. Surprisingly enough, meme coins are the ones doing really well even in these market conditions. Some of them are even delivering impressive results and outsized returns to investors. Leading this charge is the BEFE Coin. BEFE Coin: A New Wave in the Crypto Market The year...

Spot Bitcoin and Ethereum ETFs launched in Hong Kong this week, which marked a significant milestone for the broader adoption of digital assets within traditional financial markets. Investors are growing eager to explore the emerging market as the recent developments with ETFs pose growth implications.  Amid the excitement, ETFSwap (ETFS) has emerged as an intriguing prospect that harnesses the blockchain to offer ETFs to broader crypto investors looking to...

Discerning crypto investors are constantly seeking promising opportunities with substantial long-term benefits. Among the top contenders, BlockDAG has become a compelling investment, notably outpacing Toncoin’s (TON) stability and Litecoin’s (LTC) volatility. With an impressive presale haul of $22 million, BlockDAG is not just participating in the market; it’s leading it. Poised to reach a target price of $30 by 2030, the project introduces a strategic vesting...

Ethereum’s price is yet to continue its uptrend following a rejection from the $4,000 resistance level. But the bulls are now showing signs of strength, perhaps staging a more considerable recovery. Technical Analysis By TradingRage The Daily Chart As the daily chart depicts, Ethereum’s price has been making lower highs and lows inside a descending channel since failing to break above the $4,000 resistance level. Yet, the cryptocurrency is climbing back above the $3,000 level...

Another week has passed as the market continues to bleed. For most of the just concluding week, Bitcoin and Ethereum recorded major declines before recent price upticks. Hence, traders and investors are mitigating risk and turning heads towards more profitable options like Bitgert in the market. Bitgert, an innovative crypto project, has become an unstoppable force in the market, setting new peaks and raking in massive profits for investors. Moreover, experts...

TL;DR XRP has remained resilient amidst a general market downturn, with analysts predicting substantial future gains. The ongoing Ripple v. SEC lawsuit could significantly influence the asset’s price, depending on the outcome. XRP Future Outlooks The latest correction in the cryptocurrency market, which resulted in multi-month low prices for Bitcoin (BTC), Ethereum (ETH), and many other digital assets, was not so devastating for Ripple’s XRP. Despite briefly plunging below...

Crypto hackers have claimed another major victim, fooling him into sending $68 million to a wallet he thought was somebody else’s. Blockchain data indicates that a once-wealthy Ethereum user lost all of his Bitcoin holdings after hackers contaminated a recipient’s wallet history. The user now holds just $1.6 million in crypto at his address. The Danger Of Address Poisoning According to Etherscan, the sending wallet’s remaining assets include 0.89 ETH ($2,747) and 1.63 million...

This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum broke under $3,000 and closes this week with a 5% loss. This latest crash in the price made a lower low which shows bears are still in control of the price action. The current support is at $2,900 and buyers have to protect this level at all costs. If they fail, then the next major support will be found at $2,500. Looking ahead, ETH was quickly rejected at the...

In the tumultuous realm of cryptocurrency, where volatility and steep transaction fees are expected, BlockDAG emerges as a stabilizing force. Its recent introduction of a $100 million liquidity enhancement and a four-month vesting strategy at its launch positions it as a formidable contender against established cryptocurrencies like XRP and Ethereum. Moreover, BDAG has earned over $22.3 million in fundraising, while market analysts predict it will reach $20 by...