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cryptocurrency

cryptocurrency July 2, 2023

Advertisements Developers of ENS have announced plans to implement Layer 2 interoperability.  ENS has seen increased buying pressure in the past few weeks. During a community call on 28 June, ENS Labs, the developer team behind the Ethereum Name Service [ENS], announced its plans to introduce Layer 2 (L2) interoperability for ENS domains.  Realistic or […]

cryptocurrency July 1, 2023

Advertisements BTC and ETH long contracts were far more than shorts, but these positions’ expiration could mark the highest in months. The Put Call Ratio of both assets remained bullish despite rising concerns. With the cryptocurrency market buzzing with increased activity, about $7.2 billion in Bitcoin [BTC] and Ethereum [ETH] options contracts may be set […]

cryptocurrency June 30, 2023

Ethereum Classic (ETC) is currently experiencing a rise in its market price, gaining 13.99% in the last 24 hours, according to data from CoinMarketCap.  Advertisements Following the ETC’s dip in the last two days, it appears the bulls have retaken control of the market, pushing the coin to trade above the $20 mark for the […]

cryptocurrency June 30, 2023

Advertisements Ethereum’s exchange reserve increased which meant it was reeling under selling pressure.  Most of the market indicators were bearish, but a few metrics supported the bulls.  After crossing the $1,900 mark, Ethereum [ETH] once again witnessed price corrections as its value declined. Interestingly, a tweet from Lookonchain pointed out that whales were selling their […]

cryptocurrency June 30, 2023

The two largest cryptocurrencies by market capitalization, Ethereum and Bitcoin, slowed down on their rally. Following a surge above critical resistance, the cryptocurrencies could retrace and return to critical support levels. Advertisements As of this writing, Ethereum (ETH) trades at $1,840 with sideways movement in the last 24 hours. Over the past week, ETH has […]

cryptocurrency June 29, 2023

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The H4 market structure and momentum of Ethereum were bearish. The move above $1930 collected liquidity before rejection, showing seller dominance. As the largest altcoin in the market, Ethereum [ETH] is an asset […]

cryptocurrency June 28, 2023

Advertisements Weak derivatives metrics, and declining TVL and DApps use, put Ethereum bears in a better position to keep ETH price below $2,000. The price of Ether (ETH) faced strong resistance at $1,920 after a 17.5% rally between June 15 and June 22. Several factors contributed to the limited upside, including worsening macroeconomic conditions, the […]

cryptocurrency June 28, 2023

Advertisements Top ETH NFT collections such as BoredApe and CryptoPunks have witnessed a drop in their floor price. ETH’s on-chain metrics were bearish, suggesting that investors must wait for another price pump.  Ethereum’s [ETH] state in the NFT ecosystem seemed to have been dwindling for quite some time as the prices of its top NFT […]

cryptocurrency June 27, 2023

Advertisements Volatility and trading volume jumped sharply over the last 24 hours. ETH held by top non-exchange addresses amassed hit its all-time high. Ethereum [ETH] bulls and bears were locked in an intense battle around the $1900 level on Monday as the second-largest crypto in the market welcomed the long-evasive volatility. Is your portfolio green? […]