Ethereum Price Shows Weakness: Can It Overcome The Struggles?

Ethereum price failed to continue higher above the $2,550 resistance zone. ETH is now consolidating near $2,450 and showing a few bearish signs. Ethereum started a recovery wave above the $2,400 and $2,420 levels. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise steadily if it clears the $2,550 resistance zone. Ethereum Price Struggles Below $2,550 Ethereum price started…

Ethereum (ETH) Community Comes in Numbers To Support Utility Memecoin Mpeppe Built On ETH Blockchain

The Ethereum (ETH) community has rallied in significant numbers to support Mpeppe (MPEPE), a new utility memecoin that is making waves on the Ethereum (ETH) blockchain. As the cryptocurrency landscape continues to evolve, Mpeppe (MPEPE) is capturing the attention of Ethereum (ETH) enthusiasts with its unique blend of blockchain innovation and meme culture. Here’s why the Ethereum (ETH) community is flocking to support this promising new project. MPEPE: A New Breed of Memecoin on Ethereum (ETH)’s Blockchain Mpeppe (MPEPE) is not just another memecoin; it represents a new wave of…

3 Main Reasons Why Ethereum (ETH) Investors Securing Their Mpeppe Bag

Ethereum (ETH) investors are increasingly turning their attention to Mpeppe (MPEPE), a new entrant in the meme coin arena. This shift is driven by several compelling factors that highlight why securing a position in Mpeppe (MPEPE) could be a strategic move for those already invested in Ethereum (ETH). Here’s a closer look at the key reasons behind this growing trend. Harness The Power of Popular Culture One of the primary reasons Ethereum (ETH) investors are flocking to Mpeppe (MPEPE) is the coin’s ability to capitalize on the viral nature of…

Ethereum (ETH) Whales Grab New 1000x Memecoin That Built On The Ethereum (ETH) Blockchain

In recent weeks, Ethereum (ETH) whales have been making headlines by investing heavily in a new memecoin built on the Ethereum (ETH) blockchain: Mpeppe (MPEPE). This new entrant in the cryptocurrency world has captured the attention of major investors due to its innovative approach and substantial profit potential. Here’s why Ethereum (ETH) whales are flocking to Mpeppe (MPEPE) and what makes this memecoin a standout investment opportunity. Ethereum (ETH)-Based Innovation: MPEPE’s Unique Position Mpeppe (MPEPE) is not just another memecoin; it’s a groundbreaking project built on the robust Ethereum (ETH)…

BlackRock Plans Ethereum ETF Options, Files With SEC

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Spot Ethereum ETFs record $98.4m inflows; Bitcoin ETFs shed $148.6m

Spot Ethereum exchange-traded funds in the United States continued to see positive inflows this week, while spot Bitcoin ETFs experienced outflows for the second consecutive day. Data from Farside Investors revealed that the nine spot Ethereum ETFs had net inflows of $98.4 million on Tuesday, Aug. 6, more than double the inflows recorded the previous day. The bulk of these inflows, amounting to $109.9 million, were directed into BlackRock’s ETHA fund, pushing its total inflows past the $850 million mark. Fidelity’s FETH fund also saw significant inflows of $22.5 million.…

Ethereum Price Poised to Climb Higher: What’s Next for ETH?

Ethereum price started a recovery wave above the $2,350 resistance zone. ETH could gain bullish momentum if it clears the $2,680 resistance zone. Ethereum started a recovery wave above the $2,350 and $2,420 levels. The price is trading below $2,640 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,440 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise steadily if it clears the $2,680 resistance zone. Ethereum Price Aims Higher Ground Ethereum price started a recovery…

ETP issuer Valour eyes African market with Bitcoin, Ethereum products

Valour plans to bring its crypto exchange-traded products to more investors in Africa, in response to a major agreement with the Nairobi Securities Exchange. Initial support will be for crypto ETPs for Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Hedera (HBAR)., Valour noted in a press release on Aug. 6 Valour, a subsidiary of financial technology firm DeFi Technologies, revealed that these plans follow a Memorandum of Understanding with the NSE. The firm is also partnering with liquidity and capital solutions provider SovFi. Per the ETP issuer, NSE and SovFi…