Ethereum price started a consolidation phase above the $3,650 support. ETH seems to be preparing for the next move up toward $4,000 in the near term. Ethereum started a consolidation after it tested the $3,840 resistance zone. The price is trading above $3,700 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle…
On-chain data suggests the Ethereum whales have shown a burst of activity recently. Here’s what these titans have been up to. Ethereum Whale Transactions Are At Their Highest Since March In a new post on X, the market intelligence platform IntoTheBlock has discussed how the ETH whales have become active recently. The on-chain metric of…
Recent developments in the crypto market indicate a strong bullish sentiment among Ethereum traders, particularly in the options market. Amid the growing anticipation for potential approvals of spot Ethereum exchange-traded funds (ETFs), there has been a noticeable shift in option pricing, with Ethereum call options becoming more expensive than put options across all expiries. This…
Titan of Crypto, a well-known cryptocurrency trader and expert, in a daring prediction that has drawn the attention of the crypto community, forecasting an impending significant rally for Ethereum (ETH) to unprecedented heights while putting his next price target for the crypto asset at the pivotal $5,300 level. The analyst’s prognosis indicates that Ethereum, fueled…
Joseph Lubin, co-founder of Ethereum and CEO of blockchain technology firm Consensys, has expressed that the potential approval of spot Ethereum ETFs by the US Securities and Exchange Commission (SEC) could lead to significant supply constraints for Ether. This development is anticipated to be a “watershed” moment for Ethereum. In an exclusive interview with DL…
Ethereum price extended its increase and tested $3,840. ETH is holding gains and seems to be eyeing a move toward the $4,000 level. Ethereum started a fresh increase and traded above the $3,750 resistance zone. The price is trading above $3,700 and the 100-hourly Simple Moving Average. There is a short-term bullish trend line forming…
The crypto industry has seen a positive shift with the recent market recovery. After a Q1 full of bullish sentiment, Q2 saw many sectors of the crypto space brewing a pessimistic feeling toward altcoins. Related Reading Experts and market watchers have reassured investors that the price corrections were part of the cycle, predicting that the…
In a recent security incident, Gala Games, a Web3 gaming company, fell victim to an exploit that led to the unauthorized minting of 5 billion tokens, equivalent to approximately $214 million. The hacker behind the breach subsequently sold 592 million GALA tokens, amounting to $21.8 million in value, as blockchain analysis firm Lookonchain confirmed. CEO…
Jan Happel and Yann Allemann, the co-founders of the on-chain analytics platform Glassnode, recently suggested that Solana (SOL) could make a significant move to the upside in its Ethereum pair. They alluded to the likelihood of Ethereum rising higher as another reason SOL will likely “soar.” Solana To Make A 90% Move Against Ethereum Happel…
The Ethereum price has risen almost 20% in the last 24 hours. This is a positive development for the second-largest crypto token, which has been lagging until now. Ethereum’s price surge is believed to be due to several factors, including the potential approval of the Spot Ethereum ETFs. SEC Could Soon Approve Spot Ethereum ETFs…