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ETH

cryptocurrency April 11, 2024

Ethereum price stayed above the $3,400 support zone. ETH is recovering losses, but it must clear $3,600 to continue higher in the near term. Advertisements Ethereum extended its decline and tested the $3,400 support zone. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish […]

cryptocurrency April 11, 2024

Ethereum noted a decline in bullish conviction in the Futures market Coinbase Premium Index showed traders from the U.S are adamant about the altcoin Ethereum [ETH] rallied swiftly from $3.2k to $3.7k, making a 16.2% move in three days. However, the bulls were rebuffed at the same near-term resistance from a month ago – $3.7k. […]

cryptocurrency April 10, 2024

The fate of spot Ethereum (ETH) exchange-traded funds (ETFs) hangs in the balance as the US Securities and Exchange Commission (SEC) inches closer to its decision deadline in May. Leading voices in the industry anticipate rejection of these investment products. Advertisements Jan van Eck, CEO of the asset management firm VanEck, recently voiced his skepticism […]

cryptocurrency April 10, 2024

Ethereum price failed to continue higher above the $3,725 resistance zone. ETH trimmed gains and now consolidates near the $3,475 support. Advertisements Ethereum failed to climb higher above the $3,725 resistance level. The price is trading near $3,500 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with […]

cryptocurrency April 9, 2024

Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, is experiencing a surge in optimism in the cryptocurrency market. The emergence of two new whales, according to crypto tracking platform Spot On Chain, further adds to the bullish sentiment surrounding Ethereum. Advertisements These whales have collectively withdrawn a substantial amount of ETH, totaling nearly 11,700 […]

cryptocurrency April 9, 2024

Ethereum’s recent 8% surge has ignited the crypto ecosystem, marking its largest increase in over a month. This jump is linked to speculation about potential US exchange-traded funds (ETFs) for Ethereum, fueling intense discussion among crypto community members. Advertisements On Monday, Ethereum outperformed major crypto assets such as Bitcoin. Is Alameda Research Planning to Sell […]

cryptocurrency April 9, 2024

Blast and Base have heightened competition within the Ethereum L2 space.  Polygon CEO sees L2 competition as bad for Ethereum.  In the past, Ethereum’s [ETH] layer (L2s) ecosystem has been dominated by Arbitrum [ARB] and Optimism [OP].  Advertisements However, the entry of Coinbase L2 solution Base and Blast has heightened further competition. Right now, Optimism […]

cryptocurrency April 9, 2024

Share this article Advertisements URL Copied Defiance ETFs, a US exchange-traded fund (ETF) sponsor and registered investment advisor, has filed an application with the US Securities and Exchange Commission (SEC) to launch a 2x leveraged Ethereum futures ETF. According to Bloomberg ETF analyst James Seyffart, if approved, the ETF could start trading as early as […]

cryptocurrency April 8, 2024

Increased meme coin activity on Base contributed to the hike. A surge in active addresses could improve the number in the forthcoming weeks. Layer-2 projects built on the Ethereum [ETH] blockchain like Polygon [MATIC] have been experiencing a surge in on-chain activity. Advertisements According to IntoTheBlock, transactions on the networks have hit 32 million every […]

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