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Ethereum price over the last couple of years has outperformed even Bitcoin’s, making it the most bullish cryptocurrency among the top three assets. But a fractal brewing in the altcoin could make for an incredibly bearish outcome if history repeats. Here’s a closer look at the bearish cryptocurrency chart fractal potentially warning of a reversal,…
Ether, the de-facto settlement token of the Ethereum blockchain, rallied on Monday after global payment giant Visa became the ledger’s latest supporter. The firm, which can handle 24,000 transactions per second, announced that it would offer users the option to settle transactions in Ethereum-based stablecoin USDC, becoming the first major payment services provider to have…
Ethereum has drawn many comparisons with early Bitcoin, and is expected to grow in value substantially and make for life-changing wealth. Those that missed out on the initial run up are in luck, however, as one crypto analyst says that the recent bullish retest presents a “once-in-a-lifetime opportunity.” Here’s an in-depth look at the bullish…
Ethereum, the second-largest blockchain network by valuation, has the potential to jump to replace Bitcoin to become the top digital asset, says Ryan Watkins of Messari. The senior research analyst cited a flurry of catalysts that could lead to the so-called flippening event. Firstly, Ethereum’s full protocol upgrade to proof-of-stake from proof-of-work blockchain would lead…
Ethereum prices rallied on Tuesday as a recent sell-off in the cryptocurrency market prompted traders to buy the dip. The world’s second-largest cryptocurrency climbed to its two-week high of $1,859.62 on Coinbase, a US-based crypto exchange, during the early Asian session. It started correcting lower on short-term selling sentiment but maintained its weekly upside bias…
Bitcoin and Ethereum are down from their recent 2021 highs, but compared to their traditional market counterparts, have shown more resilience during the recent “royal macro beating.” Here’s why one top economist and investor says this is incredibly bullish for the two titan cryptocurrency assets. Royal Macro Beating Can’t Take Down Bullish Bitcoin And Ethereum…
Key Ethereum Takeaways Ethereum (ETH/USD) looks poised to pursue a bull run towards $2,000 after flipping key resistance levels into interim supports. More tailwinds come from Citi and Goldman Sachs’s latest endorsements for the cryptocurrency sector. Volatility in the US government bond market continues to pose risks to rally. Ethereum prices surged on Wednesday, turning…
Ethereum has had an incredible year thus far, breaking its former all-time high on its USD pair and soaring well above it. However, on its Bitcoin trading pair, the altcoin has struggled to get anywhere near its former highs. According to one crypto trader, that all is about to change, and it is finally “showtime”…
Ethereum fell Monday in sync with the cryptocurrency market’s other top assets, including Bitcoin, Binance Coin, Polkadot, and Cardano. The second-largest cryptocurrency touched a record high of $2,041 during the weekend session that prompted daytraders to secure their profits. That led to a considerably larger sell-off throughout the weekend and Monday session, taking the ETH/USD…
Ethereum, the world’s second-largest cryptocurrency by market capitalization, established a new record high on Thursday. The ETH/USD exchange rate reached $1,927 ahead of the London opening bell after surging 4.12 percent. Later, the pair gave up a small portion of its gain to profit-takers. It was trading at $1,896 as of 1224 UTC, still up…