Since the beginning of October, both Ethereum and Solana have demonstrated significant momentum. The two altcoins, ranked among the top 5 cryptocurrencies by market capitalization, excluding stablecoins, experienced a surge of over 12% in the last week, according to data. From a numerical perspective, Ethereum was targeting the $7,900 price point, just shy of the … Read more
Ethereum held steady above $4,450 and initiated a recovery wave. The price is currently trading above $4,500, surpassing the 100-hourly Simple Moving Average. A bullish trend line is emerging, showing support at $4,490 on the hourly chart of ETH/USD, according to data. The pair may maintain its upward trajectory if it establishes a position above … Read more
Ethereum’s Q4 breakout is set to face some turbulence ahead. In the previous cycle, Bitcoin surpassed ETH by almost 2x, indicating that BTC dominance continues to be a significant challenge. Institutional players are gearing up for another surge, as significant capital is being funneled into BTC ETFs. ETH is currently at a critical juncture. In … Read more
Ethereum has experienced a notable uptrend since September 28, climbing from approximately $3,800 to the mid $4,000 range as of this writing. Recent data indicates that ETH experienced a “reset” in the latter half of September and early October, potentially setting its sights on the $5,000 price level. In a recent post, contributor noted that … Read more
Ethereum is striving for enhanced speed, efficiency, and bandwidth, particularly in anticipation of upcoming tokenization surges and the evolving narrative of internet capital markets. Following the successful deployment of the Pectra upgrade in May, the Fusaka upgrade is advancing seamlessly. On October 1st, the Ethereum protocol team revealed that the Fusaka upgrade has successfully passed … Read more
Ethereum price held steady above the $4,120 mark and initiated a new upward trend, similar to Bitcoin. ETH price successfully surged past the resistance levels of $4,250 and $4,320. Additionally, a breakout occurred above a significant contracting triangle, with resistance identified at $4,180 on the hourly chart of ETH/USD. The price surged to nearly $4,400 … Read more
Ethereum appears to be on the brink of a significant movement, leaving short sellers feeling the pressure. More than $10 billion in ETH shorts are currently precariously positioned. If the price breaches the $4,359 level, it may trigger a liquidation cascade that propels ETH to new heights. The recent downtrend appears to be losing momentum, … Read more
Ethereum whales are causing quite a stir. Bitmine, a company in the ETH treasury space, has gained attention by acquiring over 252,000 ETH in a mere three days, bringing its total holdings to a remarkable $8.84 billion. They’re not alone; other significant entities are also gathering ETH. Even though analysts are warning of a potential … Read more
Ethereum’s DeFi liquidity is experiencing significant changes. In the last week, the amount of stablecoins in circulation on Ethereum decreased by $3.76 billion from a high of $161 billion. That aligns with ETH experiencing a 9.77% decline over the week, indicating typical risk-off behavior. Concurrently, ETH’s total value locked decreased by almost $10 billion, settling … Read more
Ethereum surged in the crypto markets on Friday, gaining 3.8% to reach $4,013.06, successfully reclaiming the $4,000 threshold. The move outperformed other majors, with Bitcoin rising to $109,423.18 to briefly reclaim the $110,000 threshold, while Dogecoin added 3.4% to $0.2283 and Solana advanced 2.5% to $201.43. The measured approach followed the release of new U.S. … Read more