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Month: October 2024

cryptocurrency October 20, 2024

Ethereum is testing a key resistance level around $2,640, and many analysts believe that breaking this point could trigger a significant surge in price. As the entire crypto market gains strength, optimism is growing among investors, who are eagerly waiting for Ethereum to catch up with Bitcoin’s recent rally.  Advertisements The sentiment is positive, and […]

cryptocurrency October 19, 2024

In a bullish trading week, Ethereum (ETH) surged by over 8% as its market price returned above the $2,600 price mark. However, amidst this rally, certain market developments have occurred which raises questions over Ethereum’s future price movements. Advertisements 50,000 ETH Flow Into Derivative Exchange – Price To Rise Or Fall? In a Quicktake post […]

cryptocurrency October 19, 2024

Almost 70% of institutional investors in Ethereum (ETH) are participating in ETH staking, with 60.6% of them using third-party staking platforms. Advertisements Ethereum Staking Landscape At A Glance According to a report by Blockworks Research, 69.2% of institutional investors holding Ethereum are engaged in staking the platform’s native ETH token. Of these, 78.8% are investment […]

cryptocurrency October 18, 2024

The crypto market will witness $1.62 billion in Bitcoin and Ethereum options contracts expire today. This volume of options expiring could cause short-term price volatility, potentially affecting traders’ profitability. Advertisements Specifically, the Bitcoin (BTC) options due for expiry are valued at $1.25 billion, while those of Ethereum (ETH) are worth $367 million. Bitcoin and Ethereum […]

cryptocurrency October 17, 2024

Ethereum co-founder Vitalik Buterin has shared a crucial update to the platform’s roadmap, which sheds light on its ongoing evolution. Advertisements In his latest blog post, ‘Possible futures for the Ethereum protocol, part 2: The Surge,’ Buterin dives into the next phase of Ethereum’s development. The blog primarily focuses on its scalability, decentralization, and the […]