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News 1

cryptocurrency May 23, 2024

Ethereum saw around $2.3 billion inflows. The ETH price rise triggered a notable short liquidation volume. Ethereum [ETH] recently experienced a significant price move, triggering a large volume of short liquidations and leading to a record inflow volume. Advertisements Amid these developments, there is speculation that institutions might be preparing for the potential approval of […]

cryptocurrency May 22, 2024

UNI’s price surged after the protocol disclosed a plan to introduce the ERC-7683 standard. Open Interest hit a monthly high, activity spiked, while the token could rise to $12. Uniswap [UNI] broke out, rose by 18.98% and hit $9.30 in an unexpected move within the last 24 hours. Advertisements For many participants, the surge could […]

cryptocurrency May 21, 2024

ETH now trades at a two-month high. The number of short positions liquidated on 20th May represented the coin’s single-day highest since the beginning of the year.  Ethereum [ETH] has rallied to a two-month high after Bloomberg analysts increased the odds of the Ethereum Exchange Traded Fund’s (ETF) successful launch.  Advertisements In a post on […]

cryptocurrency May 20, 2024

SOL and ETH saw social media buzz recently. The SOL and ETH prices have crossed into new price zones this week. Social media platforms were buzzing with discussions about Ethereum [ETH] and Solana [SOL] recently, fueled by notable price movements as they entered new price zones. Advertisements There has been a significant change in their […]

cryptocurrency May 18, 2024

ETH wants to break above resistance. The bulls supported the coin’s uptrend with a number of markers spotted on a daily chart.  Leading altcoin Ethereum [ETH] is poised to breach the upper line of its descending channel, suggesting a decline in selling pressure. Advertisements At $3,100 at press time, the coin’s value has risen by […]

cryptocurrency May 17, 2024

Bitcoin maintained a balanced Put/Call Ratio ahead of the deadline ETH traders face potential losses as its price was close to the maximum pain point According to data from Deribit, the market-leading derivatives exchange, Bitcoin [BTC] options with a notional value of $1.18 billion will expire on 17 May. Advertisements Also, Ethereum [ETH] contracts, valued […]

cryptocurrency May 16, 2024

Ethereum’s exchange reserves hiked over the past week Most metrics suggested that ETH might continue to rally  The crypto-market has turned bullish over the last 36 hours, allowing most cryptos to flash green on their charts. Ethereum [ETH] was no different. In fact, while the token’s price moved up, a buy signal flashed on ETH’s […]

cryptocurrency May 15, 2024

SEC could reject spot ETH ETF application based on ‘security’ status. Mixed feelings on possible SEC’s rejection grounds as ETH price dropped.  The US SEC (Securities and Exchange Commission) has been quiet on the status of Ethereum [ETH] and whether it will approve the spot ETH ETF filings.  Advertisements However, a recent development indicates that […]

cryptocurrency May 14, 2024

Ethereum showed a bearish market structure and could be headed for $2.5k. The OBV slipped below a key level as selling pressure increased. Ethereum [ETH] was in a bearish trend on the daily timeframe after dropping below the $3k mark six weeks ago. Advertisements Reports that the spot Ethereum exchange-traded funds (ETFs) applications in the […]