Ethereum (ETH)

CoinspeakerHungary Proposes New Bill to Allow Banks to Provide Crypto Services Hungary's move to embrace cryptocurrencies comes at a time when the global crypto market is making a comeback after a year-long market crisis. Hungary Proposes New Bill to Allow Banks to Provide Crypto Services

Ethereum is approaching its all-time high aggressively, with the price on an almost vertical rise. Yet, based on both technical and sentiment analysis, a correction in the short term is looking probable. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been blowing past several resistance levels since rebounding from the $2,200 level at the beginning of February. The market is currently testing the $3,500 resistance level and is yet to break...

CoinspeakerEthereum Bulls Are Unstoppable as ETH Price Breaks Above $3,500 in Anticipation of Dencun Upgrade The anticipation surrounding the Dencun upgrade has undoubtedly contributed to the recent bullish sentiment in the Ethereum market. Ethereum Bulls Are Unstoppable as ETH Price Breaks Above $3,500 in Anticipation of Dencun Upgrade

CoinspeakerEthereum Restaking Protocol EigenLayer Surpasses $10B in Total Value Locked (TVL) EigenLayer has attracted notable Ethereum investors and Web3 users due to its reputable reward programs. Ethereum Restaking Protocol EigenLayer Surpasses $10B in Total Value Locked (TVL)

TL;DR Analysts predict a bullish future for XRP, expecting a substantial price increase to nearly $2 by July due to technical indicators and market factors. Optimism is fueled by Ripple’s legal developments and the Bitcoin halving event, with some predictions suggesting XRP could reach all-time highs beyond $5.85. Where Is XRP Headed? Ripple’s XRP has not recorded the same spectacular price ascents as other cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Solana...

The crypto market’s rally clearly indicates that institutions have shown a stronger preference for Bitcoin and Ether, allocating approximately 40% each to these top assets. As of January 31st, 2024, these entities have dedicated 15% to stablecoins and only 5% to alternative coins. A new report by Bybit suggests that institutional portfolios have become significantly more focused, increasing from 50% to 80% over the past few months. In contrast, retail investors display a...

TL;DR Shiba Inu experienced a substantial price increase, outperforming major cryptocurrencies and bringing profits to a majority of its holders (at least on paper). Its market cap rose notably, making it one of the top digital assets, but the token remains a risky investment due to its volatility. Shiba Inu’s Massive Resurgence The second-largest meme coin – Shiba Inu – was not among the best-performing cryptocurrencies last week when the market started booming. However, it...

What a week! Better yet, what a month! Did you know that Bitcoin has never had a month as good as February 2024? That’s right, the cryptocurrency closed its best-yet candle, and we haven’t even gone through the halving yet. The pre-halving anticipation of higher prices is palpable as spot Bitcoin ETFs continue to see outrageous inflows. The total cryptocurrency market capitalization exploded to $2.4 trillion (per CoinGecko) as BTC charted a 21.3% increase in the past seven...

The pre-halving rally is taking new turns. Despite the short-term downticks, analysts are optimistic that established cryptocurrencies will reclaim their all-time highs in the coming weeks. But new crypto coins with low initial market caps are stealing the spotlight. The prospect of exponential gains, ranging from 1200% to 2000% over the month, is too compelling to ignore. High-cap assets like BTC, ETH, SOL, and ADA will fail to match that. It is unrealistic to expect them to...

CoinspeakerMassive Crypto Token Unlocking Scheduled for March, Arbitrum to Lead In addition to Arbitrum, other networks like Sui, Aptos, and Optimism are set to unlock millions of tokens in the market this month. Massive Crypto Token Unlocking Scheduled for March, Arbitrum to Lead