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cryptocurrency February 17, 2025

Crypto outflows totaled $415 million last week, marking a sharp reversal from a streak of net positive flows since the beginning of the year. Advertisements This downturn is largely attributed to Federal Reserve Chair Jerome Powell’s recent hawkish remarks and higher-than-expected US inflation data. Bitcoin Succumbs As Crypto Outflows Hit $415 Million The latest CoinShares […]

cryptocurrency February 17, 2025

Ethereum price is moving lower from the $2,800 zone. ETH might gain bearish momentum if it dips below the $2,650 support zone. Advertisements Ethereum started a fresh decline below the $2,720 level. The price is trading below $2,700 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with […]

cryptocurrency February 15, 2025

Despite a volatile past two weeks, driven by Donald Trump’s proposed trade tariffs and higher-than-expected January 2025 inflation data in the US, Ethereum (ETH) has successfully defended the $2,380–$2,460 demand zone. Now, analysts are eyeing a potential move toward $3,000 for the digital asset. Advertisements Ethereum Defends Key Demand Zone Amidst Volatility According to an […]

cryptocurrency February 14, 2025

Ethereum founder Vitalik Buterin recently made a blog post discussing an increase in L1 gas limits. Buterin claimed that the blockchain’s future rests with L2 protocols, but L1 gas upgrades will increase functionality and keep the core vision intact. Advertisements Buterin discussed the need to deal with bad actors on multiple levels, quarantining sketchy ERC-20 […]

cryptocurrency February 14, 2025

Over $2.5 billion worth of Bitcoin and Ethereum options contracts are set to expire this Friday. Moreover, markets are still reeling from US economic data this week, including CPI and PPI, but can the derivatives’ expiry event today push prices higher over the weekend?  Advertisements Bitcoin (BTC) remains well below the $100,000 psychological level as […]

cryptocurrency February 13, 2025

The Ethereum Foundation (EF) today allocated $120 million in ETH tokens to DeFi lending protocols: Aave, Spark, and Compound. Advertisements The Foundation has been in a sustained leadership crisis caused by token sales to pay overhead costs. The EF has shown a willingness to respond to the community, but it still faces tough challenges ahead. […]