Ethereum price is attempting a fresh increase above the $2,550 level. ETH could continue to move up unless there is a drop below the $2,525 support. Ethereum is attempting a fresh increase above the $2,520 level. The price is trading above $2,520 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line…
Amidst a volatile crypto market, Ethereum (ETH) is gaining momentum, outperforming its long-time rival Bitcoin (BTC). According to Kaiko data, the ETH/BTC ratio has steadily risen, rebounding from multi-year lows. ETHBTC ratio trend | Source: Kaiko on X ETH/BTC Ratio Rising, ETH Momentum Building The ETH/BTC ratio technically gauges market sentiment towards these two leading crypto.…
The recent approval of the first Bitcoin spot exchange-traded fund (ETF) in the United States by the Securities and Exchange Commission (SEC) has reverberated across the cryptocurrency landscape, triggering a significant surge in various altcoins, with Ethereum Classic (ETC) taking the spotlight. Often overshadowed by its more well-known sibling, Ethereum, ETC has emerged as the…
Ethereum price corrected lower and tested the $2,440 support. ETH is now trading in a range and facing hurdles near the $2,550 and $2,585 levels. Ethereum is attempting a fresh increase from the $2,450 level. The price is trading just above $2,500 and the 100-hourly Simple Moving Average. There was a break above a connecting…
CoinGecko’s most recent report details the failure rate of cryptocurrencies in the last 10 years. Exhibiting the increasing number of “dead” altcoins over the years as projects deactivate, rebrand, lose trading activity, or are revealed to be scams. Related Reading: These Altcoins Are Showing Most Bullish & Bearish Divergences: Santiment An 11.01% Failure Rate For…
The Ethereum price might be doing well post-spot Bitcoin ETF launch, but recent moves by Celsius threaten to destabilize the price movement. The now-bankrupt crypto lender seems to have begun its reimbursement plan to its creditors, as on-chain data reveal the movement of its ETH holdings to crypto exchanges. According to crypto market intelligence company…
As of this writing, ENS is trading for $24.6,3 down nearly 4% in the last 24 hours, data from Coingecko shows. The project has a market capitalization of $761 million, with a 31 million ENS supply in circulation. Ethereum Name Service: From Frozen Depths To Soaring Heights Just months ago, ENS lay buried under a…
Despite the United States Securities and Exchange Commission (SEC) granting approval for Spot Bitcoin ETFs, TD Cowen, a prominent American investment bank and financial service firm, foresees potential delays in the approval process of Ethereum Spot ETFs. Ethereum Spot ETF Faces Potential Hold-Up TD Cowen, an investment bank and financial service division of TD Securities…
Ethereum price struggled to clear $2,720 and corrected gains. ETH is now struggling to stay above the key $2,440 support zone and might extend losses. Ethereum climbed further higher toward $2,720 before the bears appeared. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming…
The winds of change are swirling through the once-Bitcoin-dominated cryptocurrency landscape, as Ethereum (ETH) stages a stunning rally, leaving the reigning king, Bitcoin (BTC), in its wake. Just days after the highly anticipated approval of Bitcoin’s spot ETF, a paradoxical scene unfolds: ETH soars 13.5%, scaling a 9-month high above $2,650, while BTC stumbles with…