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Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of Mars Finance

Ethereum is an open source public blockchain platform with smart contract functionality that provides decentralized Ethereum Virtual Machine (EVM) to handle peer-to-peer contracts through its dedicated cryptocurrency Ethereum (ETH).The concept of Ethereum was first proposed by programmer VitalikButerin between 2013 and 2014, inspired by Bitcoin, with the general meaning of "Next Generation Cryptocurrency and Decentralized Application Platform"

In recent weeks, Ethereum (ETH), the main asset in the cryptocurrency market, has not received a warm welcome from the market due to price declines and unstable on chain performance. Overall, the overall situation of the cryptocurrency market has not significantly improved, as most counterfeit currencies have not been able to maintain an upward trend

With the continuous development of the cryptocurrency market, Ethereum (ETH), as one of the most important blockchain platforms, has received much attention. However, in the past period of time, the price of ETH has been declining, and the market has raised concerns about its prospects

Data shows that since June, the trading volume of Dogcoin has decreased by more than 98%, indicating that investors have lost interest in this meme currency.The 7-day trading volume of Dogcoin has decreased to 37300 transactionsAccording to data from the market intelligence platform IntoTheBlock, activity on the DOGE network has indeed slowed down recently

From the developments this week, it can be seen that although Bitcoin prices have recouped their October gains, they remain within a narrow range. As of the time of writing, the trading price of Bitcoin was $26798, fluctuating between the resistance level of $28000 and the support level of $26750

Gossip! I heard that Bitcoin has compared itself to gold and other big shots, and gold's stock liquidity ratio can actually reach 60, after all, its market value is as high as $10 trillion! Real estate is not bad either, with a stock liquidity ratio of 60%. Its S2F ratio is 100, and its market value is actually ten times that of gold!This friend summed it up well: "The next big halving drama will be on in early 2024! If Bitcoin is on BTCS2F100+and the market value is still lower than gold after halving, I will really be shockedThe S2F model is very powerful

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It is reported that the US Securities and Exchange Commission (SEC) has decided not to appeal the recent court ruling, which overturns the decision to prevent crypto asset management company Grayscale from converting its Bitcoin into an Exchange Traded Fund (ETF). According to reports, Bitcoin (BTC) prices briefly rose to over $27000 on Friday

Bitcoin (BTC) prices briefly rebounded above $27000 on Friday, following reports that the US Securities and Exchange Commission (SEC) will not appeal a recent court ruling that overturned its decision to prevent crypto asset management company Grayscale from converting its Bitcoin trust into an exchange traded fund (ETF).According to Reuters, the SEC was supposed to appeal this legal loss before midnight on Friday, but ultimately decided not to appeal

Ethereum (ETH) prices fell 10% in less than two weeks after failing to break through the psychological level of $1700. Despite the downward trend in prices, due to bullish divergence, the decline of ETH may be limited and is expected to rise by 5% to $1600

In the current bear market atmosphere, Ethereum and Bitcoin are struggling together, but this has not stopped people from making bullish predictions about digital assets.The recent bullish forecast comes from British multinational bank Standard Chartered Bank, which believes that Ethereum prices may climb to a higher level of $8000