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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 Advertisements These whales have collectively withdrawn a substantial amount of ETH, totaling nearly 11,700 […]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 […]

cryptocurrency April 7, 2024

The Ethereum market is buzzing after a long-dormant “whale” – a major investor holding a vast amount of cryptocurrency – resurfaced and transferred a significant amount of ETH to the Kraken exchange. This move has sparked speculation about a potential price drop, but wider market trends suggest a more complex picture. Advertisements On-chain analytics firm […]

cryptocurrency April 7, 2024

Brandt predicted that Solana could double versus Ethereum. Solana showed significant growth despite recent network issues. Solana [SOL], a cryptocurrency that previously aimed for $200, has encountered setbacks amidst a bearish sentiment in the weekly charts. Advertisements However, its 24-hour price cycle depicted a 3.56% surge, mirroring optimism in the border market. Inasmuch, renowned crypto trader […]

cryptocurrency April 6, 2024

Peter Brandt criticized Ethereum as a “junk coin” due to perceived flaws Most experts, however, are optimistic about Ethereum’s future  The crypto-market recorded significant volatility in the first quarter of 2024, with many leading cryptocurrencies such as Ethereum [ETH] and Bitcoin [BTC] both rising and falling. Ethereum, in particular, has showed some promising signs beyond […]

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