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cryptocurrency

cryptocurrency June 6, 2024

Solana outperformed Ethereum in active addresses and trading volume. Despite Solana’s growth, Ethereum’s network activity and security position it as superior. Mirroring the broader market trend, both Ethereum [ETH] and Solana [SOL] exhibited positive trading activity, with ETH experiencing a 1.4% increase and SOL showing a 4.64% hike in the past 24 hours.   Advertisements However, delving […]

cryptocurrency June 6, 2024

Ethereum price is slowly moving higher above the $3,800 resistance zone. ETH could gain bullish momentum if it clears the $3,880 and $3,920 resistance levels. Advertisements Ethereum is holding gains above the $3,800 level. The price is trading above $3,840 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with […]

cryptocurrency June 6, 2024

VanEck, a leading asset manager, has boldly predicted that Ethereum (ETH) will reach $22,000 per coin by 2030. This projection stems from the anticipated approval of spot Ethereum exchange-traded funds (ETFs). Advertisements According to the firm, such approval would enable financial advisors and institutional investors to hold Ethereum securely and benefit from improved pricing and […]

cryptocurrency June 6, 2024

Share this article Advertisements URL Copied Advertisements A Bitcoin (BTC) decentralized ecosystem has been in rapid development in 2024, with its total value locked (TVL) jumping 263% so far and surpassing $1 billion, according to data aggregator DefiLlama. Nevertheless, as a nascent sector where builders try to create applications compatible with other blockchains, new security […]

cryptocurrency June 5, 2024

Analyst expects further ETH bullish momentum as options volumes remain high However, divergent views on non-staking ETH ETF demand persisted.  After reversing all the losses made between March and May, Ethereum [ETH] has been quiet on the charts, swinging around $3,800 for about two weeks now.  Advertisements Was it the calm before a spot ETH […]

cryptocurrency June 5, 2024

Ethereum price is struggling to clear the $3,840 resistance zone. ETH could gain bullish momentum if it clears the $3,840 and $3,880 resistance levels. Advertisements Ethereum is holding gains above the $3,720 level. The price is trading above $3,750 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support […]

cryptocurrency June 4, 2024

Year-to-date inflows into crypto products have surpassed $15 billion. Ethereum recorded its second week of inflows. Digital asset investment products recorded inflows totaling $185 million last week, marking the fourth consecutive week of inflows, digital asset investment firm CoinShares found in its new report. Advertisements Although this marked an 82% decline from the $1.05 billion […]

cryptocurrency June 4, 2024

Ethereum price is showing a few bearish signs below the $3,840 support. ETH could gain bearish momentum if there is a clear move below $3,700. Advertisements Ethereum extended its decline and tested the $3,700 zone. The price is trading below $3,840 and the 100-hourly Simple Moving Average. There was a break below a key bullish […]

cryptocurrency June 3, 2024

The US Securities and Exchange Commission (SEC) approving Ethereum spot ETFs was a big step for the cryptocurrency market. Advertisements The regulator’s decision followed the earlier approval of Bitcoin spot ETFs, which led to a massive inflow of capital into BTC. Ethereum ETFs Could Record Massive Inflows After Launch A prominent crypto researcher Bobby Banzai […]