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Month: June 2024

cryptocurrency June 8, 2024

The price of Litecoin (LTC) has had a disappointing performance in the second quarter of 2024, despite making a positive start to the year. The cryptocurrency has been facing significant bearish pressure in the past day, with its price falling by nearly 5% in a single move. Advertisements Despite LTC’s apparent struggles in terms of […]

cryptocurrency June 8, 2024

During the last seven days, BTC’s NFT sales volume declined by 4%. Weekly price charts of both coins remained green. Bitcoin [BTC] and Ethereum [ETH], two of the largest blockchains, continued to dominate the NFT market in May. Advertisements Although at first glance this looked optimistic, closer inspection revealed that both ETH and BTC’s NFT […]

cryptocurrency June 7, 2024

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cryptocurrency June 7, 2024

The crypto market capitalization has increased slightly in the last 24 hours. BTC and ETH’s price increase contributed to the increase in the market cap. The cryptocurrency market recently experienced a slight increase in market capitalization. This growth was largely driven by the prices of Bitcoin [BTC] and Ethereum [ETH], which dominate the market. Advertisements […]

cryptocurrency June 7, 2024

Ethereum, the world’s second-largest cryptocurrency, is poised for a meteoric rise, according to a new analysis by VanEck, a leading asset management firm. The report predicts that Ethereum could reach a valuation of $2.2 trillion by 2030, translating to a price of around $22,000 per coin. This ambitious prediction hinges on Ethereum’s dominance in the […]

cryptocurrency June 6, 2024

Solana outperformed Ethereum in active addresses and trading volume. Despite Solana’s growth, Ethereum’s network activity and security position it as superior. Mirroring the broader market trend, both Ethereum [ETH] and Solana [SOL] exhibited positive trading activity, with ETH experiencing a 1.4% increase and SOL showing a 4.64% hike in the past 24 hours.   Advertisements However, delving […]

cryptocurrency June 6, 2024

Ethereum price is slowly moving higher above the $3,800 resistance zone. ETH could gain bullish momentum if it clears the $3,880 and $3,920 resistance levels. Advertisements Ethereum is holding gains above the $3,800 level. The price is trading above $3,840 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with […]

cryptocurrency June 6, 2024

VanEck, a leading asset manager, has boldly predicted that Ethereum (ETH) will reach $22,000 per coin by 2030. This projection stems from the anticipated approval of spot Ethereum exchange-traded funds (ETFs). Advertisements According to the firm, such approval would enable financial advisors and institutional investors to hold Ethereum securely and benefit from improved pricing and […]

cryptocurrency June 6, 2024

Share this article Advertisements URL Copied Advertisements A Bitcoin (BTC) decentralized ecosystem has been in rapid development in 2024, with its total value locked (TVL) jumping 263% so far and surpassing $1 billion, according to data aggregator DefiLlama. Nevertheless, as a nascent sector where builders try to create applications compatible with other blockchains, new security […]

cryptocurrency June 5, 2024

Analyst expects further ETH bullish momentum as options volumes remain high However, divergent views on non-staking ETH ETF demand persisted.  After reversing all the losses made between March and May, Ethereum [ETH] has been quiet on the charts, swinging around $3,800 for about two weeks now.  Advertisements Was it the calm before a spot ETH […]