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Prominent cryptocurrency analysts have recently expressed bullish sentiment on Ethereum ($ETH), the second-largest cryptocurrency by market capitalization, with one suggesting it will surge to over $10,000 by the end of the year. Michaël van de Poppe, a cryptocurrency analyst with over 700,000 followers on the microblogging platform X (formerly known as Twitter), expressed optimism, suggesting

$10,000 Ethereum (ETH) by Year-End? Analyst Makes Bold Price Prediction

AVAX, the native currency of Avalanche, a high throughput blockchain, is rising, adding an impressive 9% from May 15 lows. Buyers are taking over after weeks of lower lows. While the expansion of Bitcoin prices could explain these gains, there could be more. Fine Wine Investment Fund Tokenized On Avalanche Avalanche has announced tokenizing a fine wine investment fund, a move that would see the platform ride on the wave of tokenization. In a statement, Avalanche said the Wine Capital Fund has been tokenized by Oasis Pro and listed on ATS via the Avalanche C-Chain, where smart contracts are deployed. Related Reading: Why Did The Bitcoin Price Rise Above $66,000 Today? The ATS is Oasis Pro’s trading platform registered by the United States Securities and Exchange Commission (SEC). Meanwhile, the capital fund is a “closed-end investment vehicle.” Specifically, it specializes in fine wines and is overseen by WIVX Asset Management. The decision to tokenize on Avalanche is a step forward in creating a tokenized asset ecosystem, mirroring progress made in Ethereum, among other chains. By making inroads into the fine wines market, estimated to be worth over $400 billion, the platform aims to democratize access, making it available to more investors. Analysts claim tokenization removes barriers common in traditional finance. Notably, Avalanche will play a huge role since the network is scalable, boosting a high throughput with sub-second finality. The number of real-world assets (RWA) being onboarded is rising. When writing, data from RWA.xyz reveals that over $7.6 billion worth of private credit has been tokenized. At the same time, months after announcing the deployment of the BUIDL fund on Ethereum, it manages over $381 million of tokenized United States treasuries. Efforts On Meme Coins, DeFi: Will AVAX Break $40? Avalanche is not only making progress in tokenization; earlier, they announced efforts to encourage meme coin activity on-chain. To do this, the Avalanche Foundation launched Memecoin Rush, a $1 million liquidity mining incentive program. Related Reading: Red Alert For Bitcoin: Network Hashrate Takes A 20% Dive The model follows the Avalanche Rush program. The number of decentralized finance (DeFi) solutions deploying on the high throughput chain rapidly grew through this program. As of mid-May 2024, DeFiLlama data shows that Avalanche DeFi protocols manage over $945 million. The number has shrunk by over 90% since November 2021, at over $10.9 billion. AVAX prices are stable at spot rates. However, with the coin finding support at $30 and printing a triple bottom, the path of least resistance appears northward toward $40 or higher. Feature image from UnSplash, chart from TradingView

Avalanche Rising: Will The Wine Capital Fund Turbocharge Gains Above $40?

Neel Somani, Founder of Ethereum Layer-2 Blockchain Eclipse, has been replaced as Chief Executive Officer (CEO) due to accusations of sexual misconduct. Eclipse Labs announced Vijay Chetty, the company’s Chief Growth office (CGO), as the new CEO, taking over Somani’s responsibilities. Related Reading: Altcoin Season On The Horizon? Analyst Predicts Ethereum Breakout That Will Kickstart

Ethereum L2 Eclipse Appoints New CEO Amid Sexual Misconduct Allegations

The revenue cryptocurrency users can get for staking some of the most popular digital assets has dropping significantly over the past year, with the yield earned for staking Ethereum ($ETH), for example, plunging from over 5% to around 3.18% at the time of writing. That’s according to data from CCData shared with CryptoGlobe, which shows

Crypto Staking Yields Tumble for ETH, ADA, SOL and More Despite $1 Trillion Market Boom

BTC price reached $66,750, pushing ETH past $3,000. LINK Coin continues the day with a 6% increase. Continue Reading: Cryptocurrencies Show Mixed Performance with LINK Coin Rising

Cryptocurrencies Show Mixed Performance with LINK Coin Rising

A closely followed crypto analyst says that altcoins are setting the stage for a massive breakout by July. Pseudonymous analyst Rekt Capital tells his 467,200 followers on the social media platform X that an alt “hype cycle” is likely coming in the second quarter of the year as the market consolidates. “Still time left before The post Foundation for Next Altcoin Hype Cycle Now Setting Up, Says Crypto Trader – Here’s His Timeline appeared first on The Daily Hodl .

Foundation for Next Altcoin Hype Cycle Now Setting Up, Says Crypto Trader – Here’s His Timeline

Are you on the hunt for altcoins that not only promise substantial returns but also exhibit groundbreaking innovation and robust growth? In the dynamic world of cryptocurrencies, pinpointing those opportunities that distinguish themselves through advanced technology, significant market potential, and strong community support is more crucial than ever. This article takes a closer look at The post Discover the Best Altcoins to Buy: Exploring Near Protocol, Cardano, and BlockDAG’s 30,000x Potential appeared first on Times Tabloid - Latest Cryptocurrency News, Bitcoin (BTC) News, Ethereum (ETH) News, Shiba Inu (SHIB) News, Ripple's XRP News .

Discover the Best Altcoins to Buy: Exploring Near Protocol, Cardano, and BlockDAG’s 30,000x Potential

Once the top Solana NFT project, DeGods has faced ample challenges and criticism since bridging away. The founder addressed it all head-on.

Why Did DeGods Leave Solana for Ethereum? 'I Was Just Being a Pussy', Says Founder

The Ethereum price is under pressure on Thursday, having now fallen 3.3% on the back from above $3,040 to current levels around $2,930, amid high daily trading volumes of $13.5 billion. The post Ethereum Price Prediction as Daily Trading Volume Surpasses $13.5 Billion – Are Whales Accumulating ETH? appeared first on Cryptonews .

Ethereum Price Prediction as Daily Trading Volume Surpasses $13.5 Billion – Are Whales Accumulating ETH?

The U.S. Department of Justice (DOJ) has indicted two brothers for wire fraud and money laundering. They allegedly exploited the Ethereum blockchain to steal $25 million in cryptocurrency within 12 seconds. Using sophisticated techniques, they manipulated transactions and concealed their identities. If convicted, each faces up to 20 years in prison for each count. DOJ

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