Ethereum extended its rally to a new all-time high near $2,450 against the US Dollar. ETH price is now consolidating gains, with high chances of more gains above the $2,450 level. Ethereum traded above $2,400 and topped near the $2,450 level. The price is now trading well above $2,400 and the 100 hourly simple moving…
Ethereum is gaining momentum above $2,300 against the US Dollar. ETH price is showing positive signs and it is likely to continue higher towards the $2,400 and $2,500 levels. Ethereum is gaining pace above the $2,200 and $2,250 resistance levels. The price is now trading well above $2,250 and the 100 hourly simple moving average.…
Ethereum is struggling to clear the $2,200 resistance zone against the US Dollar. ETH price is now consolidating and it is likely to start a strong rally above $2,200. Ethereum is trading in a positive zone above the $2,100 and $2,080 support levels. The price is now trading well above $2,100 and the 100 hourly…
Anonymous developer of protocol Mist, Stephane, has sparked a debate over the possibility of a reduction in Ethereum gas fees. Data from Etherscan points to a reduction in the average gas price since it skyrocketed in mid-2020. Source: Etherscan Although the reduction seems subtle now, Stephane has predicted gas prices will go below 20 by…
According to a press release, one of the most important banks in the U.S. State Street will partner with start-up Puremarkets. The cooperation will enable State Street’s Currenex, a “high performance” trading technology provider, to work with the start-up on a crypto trading platform. In parallel, the partners might explore “the digital currency trading space”.…
Ethereum extended its decline below the $2,000 support against the US Dollar. ETH price is now consolidating losses and it could start a fresh increase if it clears $2,010. Ethereum extended its decline below the $2,050 and $2,000 support levels. The price is now trading well below $2,050 and the 100 hourly simple moving average.…
With a 3,7% loss in the last week and 2.7% in the last hour, Bitcoin’s price sits near critical support. On the other hand, Ethereum managed to climb to a new all-time high and sits on top of two fast-growing sectors: DeFi and NFTs. Former Goldman Sachs Executive Raoul Pal has shown data to demonstrate…
Ethereum corrected lower below $2,100 against the US Dollar, but stayed above $2,050. ETH price is likely to start a fresh increase as long as it is above the $2,000 support. Ethereum is showing signs of a fresh increase above $2,120 and $2,150. The price is now trading nicely above the $2,080 support and the…
Ethereum extended its rally and traded to a new all-time high at $2,150 against the US Dollar. ETH price is now consolidating gains and it is likely to rally above $2,200. Ethereum is trading nicely in a bullish zone above the $2,050 support. The price is now well above the $2,100 support and the 100…
The initial growth of the DeFi industry helped to lay the foundation of the current bull market. Innovation in the decentralized finance sector helped fuel Ethereum’s growth, and once Bitcoin got going, the rising tide lifted all other boats. Doing away with any fears of the tide rolling back out just as quickly as it…