ENS Price Loses Momentum! Will Ethereum Name Services Hit $15 Soon?
The crypto industry is on the verge of concluding the week on a bearish note as the market has recorded four out of six red days this week.
Keep up with what's happening in the crypto world in real-time.
The crypto industry is on the verge of concluding the week on a bearish note as the market has recorded four out of six red days this week.
In a strategic move to broaden its array of trading choices and elevate user experience, Binance introduced four new spot trading pairs on Friday, January 19, 2024. The newly added pairs include Ethereum Classic (ETC), Ethereum Name Service (ENS), Celestia (TIA), and Sui (SUI) as base currencies.
Despite the recent challenges in the cryptocurrency market, Ethereum Name Service (ENS) has experienced a notable surge, increasing by 70% in the past week. This remarkable growth contrasts sharply with the overall bearish trend observed throughout 2023.
Cryptocurrency to Buy Today: The Excitement towards spot Bitcoin ETFs is gradually turning to concern as the underlying asset BTC continues to plunge lower. In the last five, the coin price has fallen from a high of $49000 to the current trading price of $42789, registering 12.65%.
The surge comes after Ethereum Name Service experienced a massive drawdown in 2023 due to the longstanding crypto winter and regulatory uncertainties.
Crypto Price Prediction: The market excitement towards spot Bitcoin ETFs, which started its trading days on Thursday, has started to decline. Despite witnessing a $4.6 billion trading volume on its listing days, the crypto market witnessed a sudden sell-off on Friday which recorded a 7.5% Drop in Bitcoin, 3.66% in Ethereum, and a 6-7% drop
Savvy investors keenly monitor market indicators to gauge potential shifts preemptively. One such metric, the MVRV (market-value-to-realized-value) ratio, has recently highlighted a curious trend among five altcoins.
The euphoria surrounding the approval of spot Bitcoin ETFs has evaporated significantly, leaving the crypto market in a subdued state. One could almost say the news marked the peak, at least for now.
The ENS price too surged by more than 158% in the last 30 days. Let's take a look at this ENS price prediction article in more detail.
The ENS coin displayed a massive surge in its address during the years 2021 and 2022, but following the bear market in 2023, the price lost a major valuation. Further, the ENS price has recently regained momentum, highlighting an increased buying pressure in the market.
The Ethereum Name Service (ENS) price has increased sharply in the past two days, culminating with a high of nearly $25 today.
Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the key $47,000 level on Thursday following the Securities and Exchange Commission's (SEC) approval of Bitcoin ETFs. Ethereum (CRYPTO: ETH) also moved higher, trading above the key $2,600 mark this morning.
This article is all about the top 5 coins to buy after Bitcoin ETF approval. Let's take a look at this in more detail.
Web3 hacks and scams cost the ecosystem $1.83 billion in 2023 despite dropping by half from 2022.
ENS's price has skyrocketed in the last 24 hours after Ethereum co-founder Vitalik Buterin described the project as “super-important.”
The ENS token's recent price surge is attributed to Vitalik Buterin's public support, who stated the need for ENS to be available on all layer two networks.
Buterin stressed the importance of keeping ENS accessible and affordable for all Ethereum users, especially those on L2 networks.
The governance token of the Ethereum Name Service (ENS) experienced a remarkable surge of 72% in value on January 3rd, following an endorsement from Ethereum co-founder Vitalik Buterin.
ENS, which stands for the Ethereum Name Service, witnessed a phenomenal increase of more than 50% in the value of its governance token on Wednesday. The abrupt increase in price may be ascribed to the influential endorsement provided by Vitalik Buterin, one of the co-founders of the Ethereum blockchain.
The governance token of the Ethereum Name Service (ENS), ENS, surged by as much as 72% on January 3 after Ethereum co-founder Vitalik Buterin mentioned it in a post on X.
The Ethereum Name Service token is moving in the opposite direction to crypto markets today following a big endorsement by Ethereum co-founder Vitalik Buterin. As a result, ENS token prices have made double-digit gains while a sea of red surrounds it.
Ethereum Name Service's native token ENS surged over 40% on Jan. 3 after Ethereum co-founder Vitalik Buterin spoke positively about the platform and said it was “super important” for the ETH ecosystem. As of press time, ENS was trading at approximately $13.94, up 40.38% over the last 24 hours.
An Ethereum (ETH)-based altcoin is exploding in value after ETH founder Vitalik Buterin said the project is vital to the crypto ecosystem.
Following a unanimous vote in favor of the same, ENS DAO now oversees the affairs of the domain name service protocol.