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Month: September 2024

cryptocurrency September 22, 2024

The Ethereum weekly close above $2,496 would be an encouraging sight. The long-term downtrend meant a price recovery could be delayed by holders seeking to exit at break-even. Ethereum [ETH] prices rose above the $2,500 mark but the downtrend of the past two months was still in play. The longer timeframes showed that $1,949 and […]

cryptocurrency September 21, 2024

ETH has surged by 9.03% over the last seven days. An analyst eyes further gains if $2200 support level holds. Ethereum [ETH] has recently experienced a strong recovery in its price, trading at $2553 at press time. Advertisements This marked a 5.25% increase over the past 24 hours, thus completing a week-long upsurge. As such, […]

cryptocurrency September 20, 2024

Este artículo también está disponible en español. According to Steno Research, Ethereum’s (ETH) days of underperformance against the wider crypto market might be numbered following the US Federal Reserve’s (Fed) decision to cut interest rates. Advertisements It’s Time For Ethereum To Shine Again Regarding price appreciation, ETH hasn’t had a particularly impressive 2024. While Bitcoin […]

cryptocurrency September 20, 2024

Ethereum team lead Péter Szilágyi said that ETH was never intended to be money. Instead, it was designed to support a decentralized applications. Advertisements A key selling point for long-term ETH holders has been its deflationary nature, but that narrative has gradually faded since the Dencun Upgrade in March. Ethereum Was Never Meant To Be […]

cryptocurrency September 20, 2024

A Texas court dismissed Consensys lawsuit against the US Securities and Exchange Commission (SEC), ending the five-month-long case after the company’s charges against the regulator in April. Advertisements The SEC has been called out on multiple occasions for regulatory overreach, with claims that its actions against crypto assets stall innovation. Court Ends Consensys’ Case Against […]

cryptocurrency September 20, 2024

Ethereum’s large transaction surge by 13%, hinting at a looming price action. Over 547,600 ETH worth $1.26 billion hit exchanges, stirring market excitement. In the past three weeks, a total of 547,600 Ethereum [ETH], valued at more than $1.26 billion has been transferred onto cryptocurrency exchanges, according to a renown analyst tweet. Advertisements This significant […]

cryptocurrency September 19, 2024

Este artículo también está disponible en español. Ethereum holders are definitely being tested by some tough times, with recent price action failing to create a bullish perspective for the digital asset. One of the major disappointments has been the performance of spot Ethereum exchange-traded funds (ETFs), which were launched in the U.S. with great fanfare. […]