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Ethereum / US Dollar

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Digital Currency

Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. It's a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications you can use today.

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The cryptocurrency market experienced a significant downturn, with Bitcoin, Ethereum, and Dogecoin all seeing substantial declines. Over $207 million was liquidated in a short period, with Bitcoin's open interest dropping significantly. In contrast, the stock market, including Nvidia, saw gains.

Portfolio Pulse from Aniket Verma

August 28, 2024 | 1:41 am

Binance top trader Nachi predicts a bullish market turn for altcoins, citing economic signals and upcoming events as positive indicators. He is heavily investing in small altcoins, expecting significant returns.

Portfolio Pulse from Khyathi Dalal

August 27, 2024 | 7:20 pm

Veteran Bitcoin investor Lark Davis predicts a significant bull run for Bitcoin and the crypto market in the next 12 months, citing high gold prices and a weakening dollar as bullish indicators. J.P. Morgan forecasts gold prices to rise further, and the U.S. elections could bring a pro-crypto president.

Portfolio Pulse from Khyathi Dalal

August 27, 2024 | 6:06 pm

A crypto investor, Dan, who turned $5,000 into millions, shares insights on trading strategies in the volatile crypto market. He emphasizes counter-trading leverage traders and warns against hindsight bias. Dan highlights the importance of timing and market presence, especially for altcoins, which struggle to reach previous highs.

Portfolio Pulse from Khyathi Dalal

August 27, 2024 | 3:06 pm

Ethereum's price has dropped by 5.17% in the last 24 hours to $2,584.49, despite a 1% gain over the past week. Trading volume increased by 4% and circulating supply rose by 0.08%, with a market cap of $311.25 billion.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 3:00 pm

Technical analyst CryptoCred discusses Bitcoin and Ethereum's market scenarios, highlighting Bitcoin's potential market structure reversal and Ethereum's continued underperformance against Bitcoin. Key levels for Bitcoin and Ethereum are identified for potential trading opportunities.

Portfolio Pulse from Khyathi Dalal

August 27, 2024 | 2:53 pm

Coinbase is leading a significant donation surge in the blockchain industry for the 2024 election. Bitcoin ETFs have seen a surge in net inflows, while Ethereum ETFs have experienced outflows. The SEC, led by Gary Gensler, is preparing to take action against Kraken, following similar actions against Binance and Coinbase. Nvidia's stock is under scrutiny as traders anticipate its earnings, with a shift from tech stocks to dividend-paying stocks noted. Paramount's shares dipped after a merger deal with Skydance was announced.

Portfolio Pulse from Akanksha Bakshi

August 27, 2024 | 1:18 pm

Bitcoin ETFs have seen significant net inflows of $18.08 billion, while Ethereum ETFs have experienced net outflows of $477.88 million. This indicates a strong preference for Bitcoin among institutional investors. BlackRock's Bitcoin ETF has been a major contributor to these inflows, whereas Grayscale's Ethereum ETF has led the outflows.

Portfolio Pulse from Murtuza Merchant

August 27, 2024 | 11:24 am

Litecoin (LTC) has seen a 36% decline from its April peak, but Santiment suggests a potential bullish turnaround as small traders exit. Despite its advantages, Litecoin's market value hasn't significantly improved, contrasting with Bitcoin's 48% surge.

Portfolio Pulse from Aniket Verma

August 27, 2024 | 9:36 am

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