Ethereum price dropped further below $1,600 against the US Dollar. ETH is in the red zone and might dive toward the $1,500 support zone. Ethereum is gaining pace below the $1,600 support zone. The price is trading below $1,600 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance…
In a recent development, asset manager Bitwise has withdrawn its application to transform its existing Bitcoin futures ETF (Bitwise Bitcoin Strategy Optimum Roll ETF) to one that invests in both Bitcoin and Ethereum futures contracts. This has raised speculations about the reason for this decision and what it means for the Ethereum futures ETFs projected…
Ethereum is under pressure and has just dropped below $1,600. However, on-chain data shows that a crypto whale, “0xb154”, has moved more coins from Binance, a cryptocurrency exchange, to a non-custodial wallet. On September 21, the ETH whale transferred over $8.1 million of the coin. ETH whale moves funds to Binance| Source: Scopescan Whale Moves More…
Ethereum price gained bearish momentum below $1,620 against the US Dollar. ETH is showing bearish signs and might decline further toward $1,540. Ethereum declined further below the $1,600 support zone. The price is trading below $1,620 and the 100-hourly Simple Moving Average. There are two bearish trend lines forming with resistance near $1,600 and $1,620…
Ethereum is under pressure and has just dropped below $1,600. However, on-chain data shows that a crypto whale, “0xb154”, has moved more coins from Binance, a cryptocurrency exchange, to a non-custodial wallet. On September 21, the ETH whale transferred over $8.1 million of the coin. ETH whale moves funds to Binance| Source: Scopescan Whale Moves More…
Ethereum price corrected lower from the $1,670 resistance against the US Dollar. ETH could take a major hit if it breaks the $1,600 support. Ethereum started a bearish wave from the $1,660 resistance. The price is trading below $1,640 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance…
Ethereum (ETH), a significant player in the crypto space, has recently come under scrutiny due to some concerning on-chain activities. Notably, the number of addresses holding significant amounts of Ethereum has declined, and some long-term holders appear to be liquidating their positions, potentially posing threats to Ethereum’s value. Whale Watch: A Steep Decline In Ethereum…
Across their social media channels, Ethereum-based decentralized exchange (DEX) Balancer reported an attack against its front end. The platform confirmed that a Domain Name System (DNS) attack targeted the DEX, preventing users from accessing the DEX. Ethereum DeFi Under Siege According to an official post, a team is investigating the DNS attack against Balancer. In…
Ethereum price is still struggling to gain pace above $1,670 and $1,680 against the US Dollar. ETH must stay above $1,620 to start another increase. Ethereum struggled to clear the $1,660 resistance. The price is trading above $1,635 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance near $1,650…
Ethereum price climbed above $1,650 but failed to surpass $1,670 against the US Dollar. ETH trimmed gains and now consolidating near the $1,630 zone. Ethereum struggled to clear the $1,670 resistance. The price is trading above $1,630 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance…