Ethereum News by Thebittimes.Com

Do cryptocurrency coins have the power to make you a millionaire? They indeed have. We all know what happened after Bitcoin and how the early investors are now rolling in wealth. However, it is imperative to note that not every meme coin can take you to the moon.  While Dogeverse and Render are good coins, there is some uncertainty regarding their potential benefits. Fortunately, there is a MoonBag meme coin that constantly surpasses expectations in its stage 4 presale. The MoonBag Presale is currently at stage 4 and has raised over $1 million. These figures show that investors are hopeful about this coin's future. Early investors can get lucrative returns and liquidity management. Let's find out why MoonBag is ruling over other coins.   Dogeverse unpredictability continues Dogeverse is a famous name in meme coins, and it garnered good attention near the end of its presale, which raised over $15 million. The coin also had a good supply, around 200 billion. ...

The meme coin Pepe (PEPE) has seen its market value exceed that of all significant non-fungible token (NFT) collections combined . As of the most recent data, PEPE’s market capitalization has surpassed $6.2 billion, which is 10% higher than the total market cap of all profile picture (PFP) NFT collections . NFTs and Pepe. Source : Stats/X This occurred amidst a considerable surge in PEPE’s trading volume, reaching $2.47 billion in the past 24 hours—a 216% increase from the start of May. Picks for you EOS Network approves new tokenomics model to enhance its economic potential  2 hours ago Election day disaster? Why the stock market might crash in November 2 hours ago ...

The price of CyberConnect surged from $4.14 to $4.72 within 24 hours, encountering resistance at its peak. The current price of the CyberConnect (CYBER) token is $4.44, showing a modest 2.07% dip from its peak earlier today. The recent launch of CYBER futures trading on Binance has revitalized investor confidence, sparking a notable uptick in buying activity. During the ongoing bull rally, CyberConnect witnessed remarkable growth with a 6.56% surge in market capitalization and a substantial 44.09% increase in 24-hour trading volume, reaching impressive figures of $48,911,701 and $55,057,838, respectively. The impending breach of the $4.72 resistance level could pave the way for further gains toward the next hurdle at $5.00. However, caution is advised as a failure to overcome this resistance might trigger a potential pullback, potentially testing the support level at $4.20. Source: CoinMarketCap The positive reading of 0.03579145 on the Moving Average Convergence Divergence (MACD)...

At spot rates, Ethereum prices have been edging lower, recently even retesting the immediate support at $3,700. Even though the coin is still hovering around this level, optimism is high that it will spike higher in the coming days. Ethereum Whales Are Now Accumulating Cementing this outlook, one analyst, citing on-chain events, notes that a bullish narrative may be unfolding. Pointing to the sharp increase in Ethereum addresses controlling over 10,000 ETH, the analyst is now convinced that investors are through with their distribution and are not accumulating, expecting more price gains.   ETH whales accumulating | Source: @ali_charts via X Glassnode data cited shows that the number of addresses controlling over 10,000 ETH has been on the uptrend since May 20. Notably , on this day , prices shot strongly , breaking above $3,300 and $3,700. ...

Although Cardano (ADA) has made a spectacular comeback in the top 10 cryptocurrencies by market capitalization, overthrowing Toncoin (TON) and Shiba Inu (SHIB), a massive collective purchase of 2.9 billion ADA might impact the continuation of its upward move based on the purchase rs’ further actions. As it happens, 206,040 addresses have purchase d Cardano in the range of $0.466 – $0.499, or at an average price of $0.481, creating a strong resistance at this price point, which the currently ninth-largest crypto asset by market capitalization has to overcome, as per IntoTheBlock data on May 30. Global in/out of the money for Cardano. Source: IntoTheBlock Indeed, the above barrier is a true test for Cardano bulls, as the crypto traders holding the 2.9 billion ADA opting to sell the token could lead to a massive price decline, albeit keeping it or buying more could signify optimistic sentiment and, consequently, an increase in price. ...

Hashdex withdraws ether ETF application after SEC approval of similar products. Hashdex’s Ethereum ETF application combined spot Ether with futures contracts. The withdrawal decision raises questions amid evolving regulatory landscape and market dynamics. According to documents filed with the U.S. SEC, Hashdex officially pulled its application for the Hashdex Nasdaq Ethereum ETF on May 24. The withdrawal of the proposal was reveled in a filing submitted to the SEC on May 28, leaving investors and industry observers curious about the motives behind this abrupt move. Notably, the withdrawal came swiftly on the heels of the SEC’s green light for eight similar financial products. Hashdex’s proposed ether ETF Hashdex’s proposed ETF, known as the Hashdex Nasdaq Ethereum ETF, was poised to blend spot Ether holdings with Ether futures contracts, aiming to institute safeguards against potential market manipulation. Unlike its counterparts, ...

Key takeaways  The Bitbot presale has raised more than $3.9 million Bitbot is scheduled to list on both Uniswap and MEXC at 3pm UTC today A second staking pool has also opened today, offering up to 60% APY Bitbot will list on Uniswap and MEXC today With Bitbot preparing to conclude stage 15 of its presale after raising a staggering $3.9 million, the project’s development team has confirmed that the $BITBOT token will list on multiple exchanges today .  The token is scheduled to list on both Uniswap and MEXC at 3pm UTC. AI Trading via Telegram Bitbot is a Telegram AI trading bot that allows cryptocurrency traders to trade via their cold wallets on Telegram. It’s focused on Telegram because of that platform’s status as the leading messaging protocol for cryptocurrency users. With over 900 million Telegram users globally, Bitbot wants to use Telegram to gain massive adoption. Bitbot’s exchange listings come during a Bull...

One of the surprises of the digital asset market in May has been Chainlink (LINK), which is eyeing new yearly highs after surging 29% over the past 30 days. Additionally, the market is carefully observing the cryptocurrency’s performance as a possible insight into other altcoin movements. Cryptocurrency analyst Michael Van De Poppe recently took to X (formerly Twitter) to discuss LINK. Specifically, he noted the asset’s emergence as an indicator and its impending performance. Ultimately, van de Poppe has high hopes for LINK’s direction. Source – Phemex Also Read: Chainlink Hits Highest Profit Ratio Since 2022: Can LINK Hit $20 In June? Chainlink (LINK) to Ride Bullish Momentum to Yearly High? Throughout the first five months of 2024, the digital asset market has faced some rather interesting developments. From the arrival of Bitcoin and Ethereum ETFs to the surge in meme coin interest. However, one asset has already performed incredibly well and...

According to cryptocurrency Analysis firm LookOnChain, a Shiba Inu (SHIB) diamond trader has become active after 3.5 years of dormancy. The trader spent 2 ETH, worth around $2,625, to buy 48.09 billion SHIB tokens on Feb. 1, 2021, when the token was trading for around $0.00000001. The trader sold their SHIB holdings for 278.7 ETH, worth around $1.1 million, a gain of 41,804%, or 419X. After being dormant for 3.5 years, the super diamond trader finally sold $SHIB at a profit. He spent 2 $ETH($2,625) to buy 48.09B $SHIB on Feb 1, 2021, and sold it for 278.7 $ETH($1.1M) just now, a gain of 419x!https://t.co/Pw9i9wbKcn pic.twitter.com/Qvp9wKpWCc — Lookonchain (@lookonchain) May 27, 2024 Also Read: Shiba Inu: AI Predicts SHIB Price For May 31, 2024 SHIB had an incredible run in 2020-2021. From its launch in August 2020 to its all-time high of $0.00008616 in October 2021, SHIB’s price rallied by many million percent. Investors who purchased SHIB in late 2020 or ...

The Brett price surged 36% in the past seven days to trade for $0.07038 as of 02:23 a.m. EST, but slid 5.7% in the past 24 hours on trading volume that slumped nearly 30%, CoinGecko data shows. Brett advertises itself as one of crypto’s most significant cultural icons and the mascot of Base Chain. With the Base Chain ecosystem rapidly expanding, many projects and applications are finding a hub on the platform. This growing ecosystem provides a strong foundation for the success of the BRETT price because it allows the platform to leverage the resources and expertise of other projects in the space. As the Base Chain continues to grow, so too will the potential for BRETT to thrive and expand its offerings. With this, some uber optimists, possibly with skin in the game, say it might surge to a market capitalization of $1 billion, and then on to $5 billion. $BRETT to 1b then to 5b 🚀 pic.twitter.com/qnq3Vz0Gy2 — notEezzy 🧸 (@notEezzy) May 27, 2024 In the on...

May 27, 2024 at 16:48 // Price Author Coin Idol Shiba Inu (SHIB) price has maintained its horizontal trend and is consolidating above the support at $0.00002200 but below the resistance at $0.00002600. Long-term forecast for the Shiba Inu price: ranging The presence of doji candlesticks has caused the price action to be stationary. The altcoin has not moved due to its limited range. On May 20, the altcoin rallied and broke above the moving average lines but was halted by resistance at $0.00002600. Had the buyers been successful, SHIB could have reache...

A closely followed crypto strategist who’s been bullish on Solana (SOL) for the past year is suddenly flipping bearish on the Ethereum (ETH) rival. In a new video, pseudonymous analyst Bluntz tells his 259,600 followers on the social media platform X that Solana appears to have completed a five-wave rally. Bluntz practices the Elliott Wave theory, a technical Analysis approach that attempts to predict future price action by following crowd psychology that tends to manifest in waves. According to the theory, an asset that has completed a five-wave upside move will likely witness a corrective period. According to the analyst, SOL has been printing bearish patterns ever since rallying to its recent high of about $210 in March. “We see a nice five-wave rise here on SOL from the bear market lows. Not only do we see that five-up, but from this fifth-wave high ($210) we can also see a five-wave decline, and now a three-wave move-up… And now we’v...

As Nvidia (NASDAQ: NVDA) continues to impress with its technological advancements and robust stock performance, a growing conversation among investors and experts centers on whether the tech giant can maintain its edge over Bitcoin (BTC) in the coming decade.  However, current market conditions and predictions leave investors wondering which of these two investments will perform better in the long term. To address this question, Finbold asked ChatGPT-4o to analyze the long-term investment potential for Bitcoin and Nvidia and recommend which one could offer better long-term growth prospects.  Picks for you Position trader profits $13 million (345%) with the 'Nvidia of crypto' 2 hours ago XRP to 'make extraordinary moves' ...