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Day: May 14, 2024

cryptocurrency May 14, 2024

Ethereum showed a bearish market structure and could be headed for $2.5k. The OBV slipped below a key level as selling pressure increased. Ethereum [ETH] was in a bearish trend on the daily timeframe after dropping below the $3k mark six weeks ago. Advertisements Reports that the spot Ethereum exchange-traded funds (ETFs) applications in the […]

cryptocurrency May 14, 2024

Vitalik Buterin, Ethereum co-founder and renowned blockchain expert, introduced a new Ethereum Improvement Proposal (EIP) numbered 7706. Advertisements This proposal suggests a new type of gas specifically designed for transaction calldata. Backed by Buterin’s extensive knowledge and experience, this initiative aims to manage and optimize how data is processed and priced within Ethereum. Introducing a […]

cryptocurrency May 14, 2024

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cryptocurrency May 14, 2024

Ethereum price is attempting a recovery wave from the $2,865 support. ETH might start a fresh surge if it clears the $2,960 resistance zone. Advertisements Ethereum remained stable and attempted a recovery wave above $2,900. The price is trading below $2,950 and the 100-hourly Simple Moving Average. There was a break above a major bearish […]

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