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cryptocurrency

cryptocurrency June 12, 2024

Metamask has launched pooled staking to enable ETH holders to stake in validators operated by Consensys regardless of the amount of Ethereum they hold. Advertisements The launch will empower more people to be rewarded for securing the Ethereum network. Pooled Staking On Metamask Available For Some Users The leading self-custodial wallet for over 100 million […]

cryptocurrency June 12, 2024

Industrial and Commercial Bank of China (ICBC), the largest Chinese bank, recently published a report highlighting Bitcoin (BTC) and Ethereum’s (ETH) potential. Notably, the report refers to Ethereum as “digital oil,” emphasizing its role in the digital economy. Advertisements This endorsement by such a prominent financial institution highlights Ethereum’s growing importance and potential for future […]

cryptocurrency June 12, 2024

Ethereum price failed to recover above the $3,650 resistance. ETH declined again below the $3,550 level and now shows bearish signs below $3,600. Advertisements Ethereum started a fresh decline below the $3,550 support zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with […]

cryptocurrency June 11, 2024

Spot ETH ETF’s prospective issuers are awaiting feedback from the SEC. ETH has seen significant selling pressure in the past few weeks. Ethereum’s [ETH] selling pressure mounts as prospective spot ETH exchange-traded-fund (ETF) issuers await comments from the Securities and Exchange Commission (SEC) on the state of their S-1 filings, submitted on the 31st of […]

cryptocurrency June 11, 2024

Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has created a perplexing scenario for investors recently. Despite a noticeable decline in its price, on-chain data reveals that large investors, often referred to as “whales,” are accumulating ETH. This could signal a potential buying opportunity, though technical indicators suggest a weakening uptrend, leaving Ethereum’s near-term […]

cryptocurrency June 11, 2024

The behavior of Ethereum (ETH) holders provides crucial insights into market sentiment and potential future price movements. Advertisements This analysis delves into the recent trends among Ethereum addresses holding 1,000 ETH or more, alongside the actions of the largest whales holding 10,000 ETH or more. Ethereum Price Analysis: Bearish Momentum as Key Supports Break The […]

cryptocurrency June 11, 2024

The US Securities and Exchange Commission (SEC) has added a spot Ethereum exchange-traded fund (ETF) application from asset manager ProShares. Advertisements This development came after ProShares filed a proposal to list and trade spot Ethereum ETF shares on the New York Stock Exchange (NYSE) on June 6. SEC Recognizes ProShares’ Spot Ethereum ETF Filing In […]

cryptocurrency June 11, 2024

More whale addresses have accumulated ETH in the last few weeks. ETH’s bull trend has continued to weaken with the price drop. Ethereum [ETH], which has been moving closer to a bear trend over the past few days, has presented a buying opportunity for large investors. Advertisements According to recent data, big wallets have acquired […]

cryptocurrency June 10, 2024

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cryptocurrency June 10, 2024

Ethereum price declined heavily and tested the $3,580 support zone. ETH is now recovering and faces many hurdles near the $3,740 zone. Advertisements Ethereum started a recovery wave and climbed above the $3,660 resistance. The price is trading below $3,750 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with […]