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crypto

cryptocurrency February 14, 2024

In recent weeks, Ethereum has witnessed a noticeable uptick in its market price, reaching a one-month high and showcasing a growing demand for the asset. Amid this development, the on-chain analytics platform Lookonchain revealed an Ethereum whale’s noteworthy strategy, marking a bold stance on Ethereum’s future trajectory. Advertisements Strategic Accumulation Amid Rising Prices According to […]

cryptocurrency February 10, 2024

Ethereum (ETH) is showing a noteworthy pattern in the options market. According to data from Deribit, a leading platform for crypto futures and options trading, there’s a significant concentration of call options for ETH around the $4,000 strike price for both the June and September expiries. Advertisements Options Traders Anticipate $4,000 Ethereum This accumulation of […]

cryptocurrency February 9, 2024

Prometheum, an “alternative” trading platform for crypto “securities” assets, has recently announced the launch of its custodial services for Ethereum (ETH). This move has significant implications for the legal status of the second-largest cryptocurrency by market capitalization.  Advertisements Fortune Magazine reported that the company’s strategy is to compel regulators, particularly the Securities and Exchange Commission […]

cryptocurrency January 24, 2024

An Ethereum (ETH) whale has recently executed a series of transactions, carrying out a considerable movement of funds across various platforms. The blockchain analytics platform Spot On Chain initially brought to light this activity, involving roughly $46.02 million in ETH tokens. Advertisements Deciphering The Whale’s $46M ETH Transfer Across Major Platforms The whale, operating through […]

cryptocurrency January 13, 2024

The winds of change are swirling through the once-Bitcoin-dominated cryptocurrency landscape, as Ethereum (ETH) stages a stunning rally, leaving the reigning king, Bitcoin (BTC), in its wake. Advertisements Just days after the highly anticipated approval of Bitcoin’s spot ETF, a paradoxical scene unfolds: ETH soars 13.5%, scaling a 9-month high above $2,650, while BTC stumbles […]

cryptocurrency January 10, 2024

Ethereum, the second-largest crypto by market capitalization, is currently exhibiting signs of a bullish breakout, as observed by two prominent analysts in the crypto space. According to World Of Charts, Ethereum shows consolidation within a bullish pennant pattern. Advertisements This technical formation typically suggests continuing an upward trend in Ethereum’s case. According to the analyst, […]

cryptocurrency January 9, 2024

While Bitcoin exchange-traded fund (ETF) applications are still awaiting approval from the US Securities and Exchange Commission (SEC), executives from asset management firms are already speculating about the potential launch of spot ETFs for other major cryptocurrencies, including XRP and Ethereum (ETH).  Advertisements Valkyrie Invest’s Chief Investment Officer, Steven McClurg, expressed his belief that the […]