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Year: 2024

cryptocurrency March 26, 2024

An analysis suggested a bull rally for altcoins. Market indicators remained bearish for XRP and Ethereum.  The market witnessed quite some volatility in the recent past, but altcoins like Ethereum [ETH] and Ripple [XRP] held their ground last week. Advertisements In fact, a recent analysis hinted at yet another altcoin rally in the coming days.   […]

cryptocurrency March 26, 2024

Ethereum (ETH) stands at a crucial juncture, with its eyes set on the $4,000 price mark. Amid this ambitious pursuit, the digital asset faces a significant challenge that could influence its trajectory: scrutiny from the US Securities and Exchange Commission (SEC). Advertisements Despite this potential regulatory hurdle, some analysts remain optimistic about Ethereum’s prospects. A […]

cryptocurrency March 25, 2024

Solana recorded the highest stablecoin volumes for three months in a row. Solana’s rise was linked with the growth of USDC. Solana [SOL] has solidified its position as the largest chain for stablecoin settlements, outperforming its competitors comprehensively. Advertisements Solana for stablecoins According to AMBCrypto’s analysis of Artemis data, the network handled more than $310 […]

cryptocurrency March 25, 2024

Ethereum price is attempting a fresh increase wave above the $3,400 zone. ETH must clear the $3,580 resistance to continue higher in the near term. Advertisements Ethereum is holding gains above the $3,250 support zone. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There was a break above a key bearish […]

cryptocurrency March 24, 2024

SEC was looking to label ETH as a security per a recent investigation. Lack of communication between applicants and the regulator was concerning. Bitcoin [BTC] may have seen the light of day but the second-largest cryptocurrency, Ethereum [ETH], may not be as lucky to get its widely-anticipated spot exchange-traded funds (ETFs) approved in the U.S. […]

cryptocurrency March 23, 2024

Ethereum’s network has seen notable growth recently in both daily active users and daily transaction volume, yet the price of ETH, Ethereum’s native cryptocurrency, has undergone corrections in the past few days. Notably, Ethereum is down by over 10% in the past seven days, underperforming Bitcoin and the S&P 500. Advertisements While this decline can […]

cryptocurrency March 23, 2024

Bitcoin has seen more NFT sales than Ethereum in the last week. BAYC’s floor price has plunged to its 2021 levels.  The sales volume of non-fungible tokens (NFTs) on the Ethereum [ETH] network has surged in the past two days, exceeding that of Bitcoin [BTC]. However, according to CryptoSlam’s data, the Bitcoin network holds the […]

cryptocurrency March 22, 2024

Robert Mitchnick, BlackRock’s Head of Digital Assets, indicated a tepid interest from the firm’s client base in an Ethereum exchange-traded fund (ETF), starkly contrasting the growing demand for Bitcoin. Advertisements This revelation came during the Bitcoin Investor Day conference in New York, where Mitchnick shared insights into the company’s digital asset strategy and its reception […]

cryptocurrency March 22, 2024

There exists a disconnect between regulators and potential issuers regarding Ethereum ETF approval. ETH experienced a significant decline as investors brace for potential challenges ahead. The Securities and Exchange Commission (SEC) is actively pursuing a legal campaign to reclassify Ethereum [ETH] as a security. Advertisements The development has rattled several U.S. companies, which have been […]

cryptocurrency March 22, 2024

Ethereum price is attempting a recovery wave above the $3,500 zone. ETH must clear the $3,580 resistance to continue higher in the near term. Advertisements Ethereum started a decent recovery wave above the $3,350 zone. The price is trading above $3,450 and the 100-hourly Simple Moving Average. There was a break above a short-term bullish […]