The crypto market saw prices move from key support across all boards, with the crypto marketcap finding some relief recently as it aims to reclaim its resistance of $1.2 trillion. This has led to market sentiments returning bullish, with many crypto assets rallying from the key support and producing double-digit gains. Let us focus on…
All eyes have been on the Ethereum network since it moved from a Proof of Work (PoW) to a proof of Stake (PoS) mechanism. Granted, the digital asset’s price hasn’t done as well as many had predicted it would after the upgrade but the new functions of the network remains fascinating. Now, Ethereum has marked…
The crypto market saw prices move from key support across all boards, with the crypto marketcap finding some relief recently as it aims to reclaim its resistance of $1.2 trillion. This has led to market sentiments returning bullish, with many crypto assets rallying from the key support and producing double-digit gains. Let us focus on…
Ethereum is having a good week, staying in the green zone of the crypto space for the past seven days and raising its price by 3.7%. Ethereum is currently caught in an inverted pennant pattern A resumption of the bearish trend is highly possible for the altcoin $1,130 might be new support marker for Ethereum…
Ethereum declined below the $1,350 support against the US Dollar. ETH could start a steady increase if there is a clear above the $1,350 resistance. Ethereum started a fresh decline after it failed to clear the $1,385 resistance zone. The price is now trading below $1,350 and the 100 hourly simple moving average. There was…
The post-Merge landscape of Ethereum took many by surprise; the figures and the outcome weren’t something they had in mind. Bad macroeconomic conditions and other negative factors overshadowed what was expected as a breakthrough. It was, in some ways, but the fanfare pre-Marge was so hyped up, until a few days following the event. The…
Ethereum open interest (OI) had seen a meteoric rise in the weeks leading up to the Ethereum Merge. Even after the Merge, the open interest has not declined, given all of the new interest from institutional investors following the network’s move to a proof of work mechanism. This time around, the Ethereum open interest has…
Ethereum has been following the general trend in the crypto market, giving back its profit obtained over the past week. The cryptocurrency was moving in tandem with Bitcoin and large cryptocurrencies, but now ETH’s price is reacting to new economic data published in the United States. At the time of writing, Ethereum trades at $1,300…
Ethereum is showing positive signs above the $1,350 resistance zone against the US Dollar. ETH could gain bullish momentum if there is a clear move above the $1,400 resistance. Ethereum is gaining pace and recently traded above the $1,375 level. The price is now trading above $1,350 and the 100 hourly simple moving average. There…
Ethereum has been seeing increased regulatory scrutiny in recent months. This comes following the network’s move to a proof of stake mechanism and the introduction of staking to the others. As sanctions have been levied against protocols such as Tornado Cash, it is becoming increasingly possible that regulatory bodies may turn their focus to Ethereum.…