Ethereum price is eyeing an upside break above the $2,900 level. ETH must settle above $2,900 and $2,940 to continue higher in the near term. Ethereum is forming a base above the $2,860 support zone. The price is trading below $2,950 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming…
Mike Novogratz, the CEO and founder of Galaxy Digital, shared his insights on the current state of the cryptocurrency market. According to Bloomberg, Novogratz predicts that Bitcoin (BTC) will likely remain within a relatively narrow trading range for the current quarter as the adoption of cryptocurrencies in traditional finance continues to evolve. Stagnant Crypto Market Per…
Ethereum price is attempting a recovery wave from the $2,865 support. ETH might start a fresh surge if it clears the $2,960 resistance zone. Ethereum remained stable and attempted a recovery wave above $2,900. The price is trading below $2,950 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend…
After experiencing outflows for four consecutive weeks, US spot Bitcoin exchange-traded funds (ETFs) have marked a notable shift in momentum, witnessing net inflows once again. According to recent data from CoinShares, digital asset investment products have seen inflows totaling $130 million for the first time in five weeks. This change suggests renewed investor interest in…
GameStop, the video game retailer that took Wall Street by storm in 2021, has once again become the talk of the town as its share price surges 100%. Fueling this rally is the return of the influential social media figure Keith Gill’s “Roaring Kitty.” After a long hiatus, Roaring Kitty’s recent activity on social platforms,…
Ethereum price is gaining bearish momentum below $2,950. ETH might continue to move down toward the $2,550 support in the near term. Ethereum struggled to clear the $2,950 resistance and started a fresh decline. The price is trading below $2,920 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with…
Ethereum (ETH) tumbled 6.45% in the past week, marking a rough stretch for the world’s second-largest cryptocurrency. Generally, Ether has left investors much to desire in recent times with a price decline of 16.57% over the last few months. Amidst this bearish market, a crypto whale has sold off all his Ethereum tokens drawing much…
Restaking protocol EigenLayer has unveiled its highly anticipated airdrop season, during which eligible users can claim a portion of the initial EIGEN token supply. EigenLayer Sets September 2024 Deadline The protocol’s announcement on Friday revealed that “Season 1” commences with 6.05% of the total supply, which users can claim starting on May 10. Moreover, “Season…
A week ago, a crypto whale fell victim to a scam that resulted in the loss of over $71 million. In the following days, the scammer moved the funds to veil them. But in a shocking turn of events, they returned the funds to the victim. Related Reading Address Poisoning Scam Snatches $71 Million On…
Ethereum has received a lot of criticism recently, and accordingly the ETH price has underperformed other altcoins. However, Ryan Berckmans, a prominent contributor of the Ethereum community and investor, boldly claims we are entering the “Age of Ethereum,” a period that could redefine the hierarchy of blockchain technologies. Berckmans shared his insights via X, sparking…