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Month: November 2024

cryptocurrency November 23, 2024

Ethereum (ETH) is gaining prominence as Bitcoin maintains its recent highs. Despite the fact that ETH is currently 36% below its all-time high of $4,878 from 2021, analysts anticipate that the second-largest cryptocurrency by market capitalization may be preparing for a significant shift. Advertisements Ethereum’s ecosystem is a hive of activity, with a surge in […]

cryptocurrency November 22, 2024

Crypto markets will witness $3.42 billion in Bitcoin and Ethereum options contracts expire today. The massive expiration could cause a short-term price impact, particularly as markets wait expectantly for Bitcoin to tag $100,000. Advertisements With Bitcoin options valued at $2.86 billion and Ethereum at $561.66 million, traders are bracing for potential volatility. Unlike Ethereum, Traders Bet […]

cryptocurrency November 22, 2024

Ethereum price started a fresh increase above the $3,220 zone. ETH is rising and aiming for more gains above the $3,350 resistance. Advertisements Ethereum started a fresh increase above the $3,220 and $3,300 levels. The price is trading above $3,250 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance […]

cryptocurrency November 21, 2024

Ethereum (ETH) has consolidated since November 12, when it hit a local high of $4,446. Despite Bitcoin’s impressive rally capturing market attention, Ethereum has struggled to maintain upward momentum and reclaim its yearly highs. The price action reflects a period of indecision, as ETH faces challenges in breaking through significant resistance levels that could reignite […]

cryptocurrency November 20, 2024

21Shares AG announced a significant enhancement to its Ethereum Core ETP (Exchange-Traded Product), now incorporating staking functionality. Alongside this upgrade, the product has been rebranded as the Ethereum Core Staking ETP to better reflect its expanded features. Advertisements The revamped offering, trading under the ticker ETHC, is available on prominent European exchanges, including the SIX […]

cryptocurrency November 20, 2024

Ethereum price struggled to extend gains above the $3,220 resistance zone. ETH is slowly moving lower and approaching the $3,060 support. Advertisements Ethereum is consolidating and facing hurdles near $3,200. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,070 on […]