Ethereum’s Buterin fights ETH sell-off FUD, claims ‘sales are for valuable projects’
Ethereum founder Vitalik Buterin and the Ethereum Foundation (EF) have been criticized by the community for allegedly selling their holdings and dragging ETH prices down. On Friday, Buterin sold over $2 million worth of ETH, which didn’t sit well with some ETH holders and traders.
Ethereum: After a 24% crash in 7 days, how soon will ETH rebound?
Ethereum [ETH] has witnessed a major setback last week as its price dropped in double digits. However, the token has shown signs of recovery in the last 24 hours.
Let’s have a better look at Ethereum’s current state to understand what’s going on with the token.
Ethereum’s fate
CoinMarketCap’s data revealed that ETH was down by more than 24% over the last seven days. At the time of writing, ETH was trading at $2,514.29 with a market capitalization of over $302 billion.
Ethereum ETFs Are Trading—Why Hasn't the ETH Price Gone Up Yet?
Ethereum has been sliding since spot ETFs started trading. Analysts noted that was the case for Bitcoin for a while after its spot ETFs began trading.
Ethereum spot exchange traded funds (ETFs) are trading in the US, but you might not guess it from looking at the price
July’s $280M token unlocks: Will AVAX, ARB, APT shake up the altcoin market?
The crypto market, especially the altcoin sector, could face wild market volatility induced by token unlocks in July.
According to AMBCrypto’s look at Token Unlocks, over $280 million worth of cryptocurrencies would be unlocked in the next seven days, with Aribitrum [ARB] and Aptos [APT] controlling the largest chunk of the supply schedule.
Klaytn Price Prediction 2024: KLAY Price Analysis
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HOME / ANALYSIS / CRYPTO / TECHNICAL ANALYSIS / KLAYTN PRICE PREDICTION 2024: KLAY PRICE ANALYSIS
TECHNICAL ANALYSIS
11 MIN READ
Klaytn Price Prediction 2024: KLAY Price Analysis
LAST UPDATED JULY 8, 2024 1:51 PM
Valdrin Tahiri
BY VALDRIN TAHIRI
VERIFIED BY PETER HENN
Klaytn Price Prediction
Can Klaytn recover from a tough two years?
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KEY TAKEAWAYS
KLAY has decreased by 15% in 2024 and has trended downward since March.
The price is at risk of falling to a new all0time low if the downward movement continues.
Our KLAY price predictions suggest the price will reach a temporary bottom soon.
The Klaytn blockchain and its native KLAY coin has had a rather tough 2023, underperforming against the market. After a pretty disastrous 2022, investors will be hoping it can turn things around on 2024.
In January 2024, the platform was left in limbo as proposals to merge Klaytn with the Finschia blockchain stalled.
On July 8 2024, Klaytn was worth about $0.146.
Klaytn did not immediately respond to a request for comment.
Let’s now take a look at our own price predictions for Klaytn, made on July 8, 2024. We will
MAVIA Rises as Gaming Giant with 2M Downloads and Investment Promise
Daily Top Mover — Heroes of Mavia (MAVIA)
The SPX index is up 0.13%, the Federal Reserve's cautious stance on rate cuts due to persistent inflation and recent economic data have investors anticipating upcoming jobless claims, home sales data, and earnings from several key companies. The broader cryptocurrency market is down, with Bitcoin and Ether dropping by 2.00% and 2.19%, respectively in the past 24 hours.
Crypto: Ethereum Whales are Betting Big on Staking!
On July 11, 2024, crypto whales showed increased interest in ETH staking and tokens within the Ethereum ecosystem. Data reveals that these large investors are moving funds to Binance, not to sell, but to take advantage of the passive income opportunities offered by Wrapped Beacon ETH (WBETH). This token, part of the EigenLayer ecosystem, is attracting more and more traders’ attention due to its potential yield.
TRON Blockchain’s Daily Transactions Rise to 7M, TRX Price Surges 14%
TRON (TRX) is set to embark on several key initiatives aimed at enhancing its ecosystem and user experience.
TRON (TRX) has shown impressive resilience in the volatile cryptocurrency market, with its total daily transactions surpassing 7 million, causing the price to surge over 14% in the last 30 days. This upward trend reflects increasing investor confidence in TRON’s ecosystem.
Polkadot (DOT) Price Jumps 5%, Gears Up to Cross Resistance Level
Polkadot (DOT) has surged by 5% in the past week, recovering from multi-month lows.
The token is attempting to break above its descending channel resistance at $7.28, driven by increased demand.
Despite the positive trend in Chaikin Money Flow, the weak Aroon Up Line suggests the uptrend may not be sustained.
Arbitrum DAO Approves Investing in 6 Real-World Asset Products, Including BlackRock’s BUIDL
ARB token holders signaled almost unanimous support in diversifying part of the DAO’s multi-billion dollar treasury into real-world assets.
The price of Arbitrum’s governance token ARB has decreased 6.2% in the last seven days and 25.8% in the past 30 days to trade at 71 cents, making its market cap $2.3 billion and its fully diluted valuation $7.1 billion at the time of writing, per CoinGecko
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