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Month: May 2024

cryptocurrency May 20, 2024

SOL and ETH saw social media buzz recently. The SOL and ETH prices have crossed into new price zones this week. Social media platforms were buzzing with discussions about Ethereum [ETH] and Solana [SOL] recently, fueled by notable price movements as they entered new price zones. Advertisements There has been a significant change in their […]

cryptocurrency May 20, 2024

A massive crypto whale recently offloaded $46 million worth of Ethereum (ETH) amid a critical period for the crypto market. Advertisements This transaction has stirred considerable attention as the market anticipates the US Securities and Exchange Commission’s (SEC) decision on the spot Ethereum exchange-traded funds (ETFs). Crypto Whales Cash Out on Ethereum According to the […]

cryptocurrency May 20, 2024

Ethereum price started a downside correction from the $3,150 zone. ETH is holding gains and might start another increase from the $3,000 support. Advertisements Ethereum started a downside correction after the bears defended $3,150. The price is trading above $3,000 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with […]

cryptocurrency May 18, 2024

ETH wants to break above resistance. The bulls supported the coin’s uptrend with a number of markers spotted on a daily chart.  Leading altcoin Ethereum [ETH] is poised to breach the upper line of its descending channel, suggesting a decline in selling pressure. Advertisements At $3,100 at press time, the coin’s value has risen by […]

cryptocurrency May 18, 2024

According to data from CoinMarketCap, Bitcoin rose by 2.9% on Friday to trade above $67,000 for the first time since April 24. This positive price performance by the maiden cryptocurrency has been attributed to the low inflation levels reported in the latest Consumer Price Index (CPI) data.  Advertisements However, Bitcoin is an asset subject to […]

cryptocurrency May 17, 2024

The race to achieve the fastest blockchain transaction processing speeds is heating up, Solana (SOL) is in the spotlight as a new report from crypto data aggregator CoinGecko reveals some surprising findings.  Advertisements The study analyzes the real-world transaction per second (TPS) performance of a range of large blockchain networks, both Ethereum-based and non-Ethereum (ETH) […]

cryptocurrency May 17, 2024

Bitcoin maintained a balanced Put/Call Ratio ahead of the deadline ETH traders face potential losses as its price was close to the maximum pain point According to data from Deribit, the market-leading derivatives exchange, Bitcoin [BTC] options with a notional value of $1.18 billion will expire on 17 May. Advertisements Also, Ethereum [ETH] contracts, valued […]

cryptocurrency May 17, 2024

Coinbase projects that Ethereum (ETH) might outshine other cryptocurrencies shortly. Advertisements The company’s recent report suggests that the second-largest cryptocurrency has the potential to surprise its holders positively. Key Factors Supporting Ethereum’s Potential This year, Ethereum has lagged behind the broader crypto market. Despite this underperformance, Coinbase remains optimistic about its long-term prospects. The report […]