Nobody could argue that 2022 was anything but a bear market. After Bitcoin reached an ATH in November of 2021 we saw the bear market develop in classic fashion by losing support at key technical levels. While the bear was playing out in somewhat predictable fashion, the market was caught off guard by the events…
The past few weeks have been a rollercoaster ride for Ethereum. Buoyed by a waning Bitcoin dominance and an influx of traders seeking greener pastures, Ethereum’s price surged towards critical resistance levels near $2,500. Yet, a palpable anxiety lingers in the air, fueled by questions about Ethereum’s long-term scalability and the increasing chorus of bearish…
Ethereum price is consolidating gains below the $2,350 resistance zone. ETH could revisit the $2,200 support before it starts a fresh increase. Ethereum is still holding gains above the $2,250 support zone. The price is trading below $2,280 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance near…
Another year, another Crypto Christmas special for our team at NewsBTC. In the coming week, we’ll be unpacking 2023, its downs and ups, to reveal what the next months could bring for crypto and DeFi investors. Like last year, we paid homage to Charles Dicke’s classic “A Christmas Carol” and gathered a group of experts…
Ethereum price is correcting gains from the $2,350 resistance zone. ETH could start a fresh increase if it stays above the $2,200 support zone. Ethereum started a downside correction from the $2,350 resistance zone. The price is trading near $2,275 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with…
According to a report from crypto analytics firm IntoTheBlock, Ethereum has recorded an 85% increase in its market cap over the last year, moving from around $149.18 billion to its current value of $275.98 billion. However, in comparison with other major assets, ETH performance still leaves more to desire, especially considering the many positive developments…
BitMex founder Arthur Hayes has revealed that he is diverting his interest toward Ethereum (ETH) while disclosing a bold prediction for the crypto asset. Arthur Hayes Doubling Down On Ethereum Arthur Hayes recently took to X (formerly Twitter) to share his optimism and prediction about the future of Ethereum, and the post has since caused…
Ethereum price is still struggling to clear the $2,265 resistance while Bitcoin extended gains. ETH could rally if there is a close above $2,265 and then $2,320. Ethereum is still struggling to gain pace for a move above the $2,265 resistance zone. The price is trading above $2,220 and the 100-hourly Simple Moving Average. There…
In a recent post on X, Sassal, an independent Ethereum educator, is doubling down on Ethereum (ETH). The angel investor said that based on current market sentiment, there are signals that the “death of ETH” narrative is losing steam. This is a reason, in Sassal’s view, to buy even more ETH ahead of the expected bull run.…
In the rapidly evolving landscape of blockchain technology, Neon EVM, a smart contract on Solana (SOL) has emerged as a frontrunner by introducing a landmark parallel processing architecture on its mainnet. This approach has enabled Neon EVM to achieve an increase in performance, scalability, and efficiency, according to a press release share with NewsBTC. Neon…