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With leading crypto assets losing their dominance, other cryptocurrencies are rising. Major stakeholders have set their eyes on Ethereum (ETH), while VeChain (VET) has witnessed a substantial price surge. Though neither shows signs of stopping,VC Spectra (SPCT)remains a major contender in the crypto market. It captured many investors attention after raising$2.4 million in just two weeks in its private seed sale.

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Ethereum (ETH) has had an incredible run over the last few days. The recent surge has something to do with the decliningdominance of Bitcoin. More precisely, trends and market changes caused analysts to believe that Ethereum (ETH) will perform better in the second half of the year than it did in the first half.

Ethereum (ETH) witnessedstrong investor interesttoward the end of June. As a result, Ethereum (ETH) has seen a climb in price movement and is currently trading at $1,960.80, marking a 2.16% rise in the past 24 hours.

Despite still needing to push through resistance levels, Ethereum (ETH) isgiving off strong bullish signals. Due to this, many expect Ethereum (ETH) to reach $2,000. According to some experts, Ethereum (ETH) prices will keep rising until the end of the year due to increased trader activity. Some even predict that prices could get as high as $4,878.

VC Spectra (SPCT)is adecentralized hedge fundthat leverages AI and harnesses cutting-edge tech. Using strategic investments and initial coin offerings (ICOs), VC Spectra (SPCT) is proving to be a leading firm in innovation.

A major factor that attracts investors is thatVC Spectra (SPCT)empowers financial growth.VC Spectra (SPCT)aims to generate value, maximize returns and minimize risks for its investors. Moreover, investors can expectquarterly dividends and buybacks based on returns.

It achieves this throughalgorithmic and systematic trading strategies. In addition, the VC Spectra (SPCT) team offers investors full transparency and accountability.

VC Spectra (SPCT)uses aBRC-20 standard token, and holders can access a long list of incredible benefits. Currently, SPCT is in stage 1 of a public presale valued at $0.008.

However, investors can expect the price to rise to $0.08 at the end of the presale, which translates to a10x surge. While more than 60% ofVC Spectra (SPCT)tokens are gone, there is still time for investors to participate in this incredible opportunity.

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More ecosystems are adopting VeChain (VET), which is exciting news for the community. The recent announcement thatCoinbase would be listing VeChain (VET)has attracted more investors. Prices for the VET token surged for the next few days thereafter.

VeChain (VET) has always been keen on problem-solving. It achieves this goal by building technology that deals with all sorts of obstacles. Recently, VeChain (VET) launchedVORJ, a no-code Web3-as-a-Service platform. The VeChain tech enables users to create, deploy and interact with smart contracts while using the VechainThor blockchain.

The upgrades and new technologies by VeChain have also excited traders for the future. As a result, VET hasdisplayed bullish signalslately. VeChain (VET) has seen a 6.54% increase in price movements in the past seven days. Having already broken through its $0.020 barrier, many look forward to VeChain (VET) soon hitting the $0.030 mark.

No doubt, recent surges have kept investors flocking to all three crypto assets. However, with the promise of a900% surge, most are opting for VC Spectra.

Find out more about the VC Spectra presale here:

Buy presale:https://invest.vcspectra.io/login

Website:https://vcspectra.io

Telegram:https://t.me/VCSpectra

Twitter:https://twitter.com/spectravcfund

Excerpt from:

Top Trader Insights: Ethereum (ETH) Is Set for A Big Bull Run by The ... - Finbold - Finance in Bold

SUMMARY

Bitcoin, Ethereum and other cryptocurrencies fell on Friday. The global crypto market cap stood at 1.17 trillion, with a volume of nearly $46.86 billion in the last 24 hours.

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Bitcoin | The world's largest and most popular virtual currency, Bitcoin, fell 1.69 percent to 30,071.2. Its market value stood at $584.61 billion. The trade volume was at $22.48 billion.

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Ethereum | The second largest virtual currency, Ethererum or Ether, fell 3.04 percent to $1,852.56 with a market capitalisation of $222.91 billion. The trade volume of Ethereum was $9.67 billion in the last 24 hours.

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Dogecoin | Meme-based virtual currency, Dogecoin, was down 3.53 percent. Its market value stood at $9.14 billion. The trade volume was at $289.27 million.

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Shiba Inu | Shiba Inu fell 4.39 percent with a market capitalisation of $4.25 billion. The trade volume was $131.74 million in the last 24 hours.

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Solana | Solana gained 1.46 percent to $19.79 with a market capitalisation of $7.99 billion. The trade volume of Solana was $939.66 million in the last 24 hours.

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Polygon | Polygon dropped 1.59 percent with a market capitalisation of $6.16 billion. The trade volume was $402.62 million in the last 24 hours.

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"Despite the slight selling pressure in the last 24 hours, the global crypto market capitalization continues to remain above $1.2 trillion. The crypto fear and greed index, too, continues to remain in the greed zone with a score of 55/100, down 1 point from yesterday. This selling pressure could be attributed to stronger-than-expected employment data in the US ADP private employment report. This could increase the possibility of another interest rate hike by the feds, which is driving the investor sentiment away from risk-on assets," said Parth Chaturvedi, Investments Lead, CoinSwitch Ventures.

See more here:

Crypto Price Today: Bitcoin and Ethereum fall, Solana gains nearly 1.5% - CNBCTV18

Launched in 2021,Ethereums [ETH]layer-2 solution (L2)Starknet has grabbed a lot of eyeballs in the first half of 2023. Though still in its infancy, the zero-knowledge rollup (zk-rollup) witnessed significant activity.

ReadEthereums [ETH] Price Prediction2023-24

According to blockchain analytics firm Nansen, more than 500,000 wallets have bridged over to Starknet, depositing assets worth more than $65 million. As evident from the graph below, ETH was the most bridged asset, equating to nearly 75% of the total value bridged (TVB).

Users port their assets to take advantage of the speed and cost-effectiveness of a L2 technology. The StarkGate bridge is used to port assets in the case of Starknet. Each supported token is associated with an L1 and L2 bridge contract that communicates via Starknets messaging mechanism.

Starkware, the firm which developed Starknet, has set limitations involving the deposit amount and total value locked in the L1 bridge contract. An increase in deposit caps in mid-March resulted in the sharp jump in deposits. As of this writing, ETH had the maximum cap of 80,000 among all assets.

Nansen also emphasized the age breakdown of depositing wallets, shedding light on some intriguing aspects of Starknets demand. As revealed below, nearly 75% of these wallets were created in the last one year, with a significant 41% being in the age-band of 3-12 months. This indicated that Starknets demand was driven by newer market participants.

When compared with other L2 solutions, Starknet was still in its nascent stage. According to a Dune dashboard, deposits on Starknet were still considerably less as compared to established players like Arbitrum [ARB] and Optimism [OP] and even trailed the recently launched zk-rollup zkSync Era.

One reason behind the poor growth rate could be the low transactions processed per second (TPS). Data from Dune highlighted that while Ethereum mainnet handled 11 TPS on average, the number of transactions on Starknet was less than one, a significant low for a rollup.

However, Starknet was looking to address this issue through the upcoming version 0.12.0. The upgrade is expected to reduce block execution time, thus significantly improving throughput and latency.

Continued here:

Starknet takes baby steps to emerge as a robust Ethereum scaling solution - AMBCrypto News

Crypto market participants are gearing up for a volatility-filled week ahead of the US Nonfarm Payrolls (NFP) data for June. The consensus estimate is the addition of 225,000 jobs in June, and the unemployment rate is estimated to come in at 3.6% vs. 3.7% seen in May.

A hotter than expected jobs report could trigger volatility in risk assets like Bitcoin and Ethereum in the following week.

Also read: Bitcoin Weekly Forecast: Could BTC revisit $25,000 as ETF-induced hype dissipates?

Typically, the release of US NFP data has ushered volatility into Bitcoin price action. The asset rallies in the event the actual payrolls figure is below the forecast. In other cases, there is a decline in BTC price as seen in the chart below.

In the former data releases from January to May, Bitcoin price declined three out of five times. According to the FXStreet economic calendar, the forecasted consensus is the addition of 225,000 payrolls in June. In the event that the actual number of payrolls added is below the market expectation, Bitcoin and Ethereum prices could rally next week.

Bitcoin price reaction to US NFP data releases

This is because the Federal Reserves monetary policy tightening would be perceived to be affecting the labor market as intended. A lower jobs number would give traders the impression that the Fed is less likely to raise interest rates since its policy is already working.

Crypto traders are watching to ascertain whether Bitcoins 10.5% monthly gains will come unglued with the release of the US NFP data. Both Bitcoin and Ethereum prices are above the key psychological levels at $30,000 and $1,800, respectively. A decline below these levels would signal a shift in sentiment among traders and indicate a deeper correction in prices in the long term.

A quick study of past data releases suggests that traders can expect a lag in cryptos reaction to the release. Bitcoin price could end the day holding onto its monthly gains with volatility picking up its pace next week.

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Bitcoin, Ethereum brace for volatile week with upcoming Nonfarm Payrolls data release - FXStreet