The past two months have been a green flag for the broader crypto market in the run-up to the festive season. Although the hype has since cooled down, a few outliers continue to follow the upward trend. NEAR is one of those tokens that aren’t showing signs of cooling down. According to Coingecko, the token…
Ethereum price is still struggling to climb again above $2,250 while Bitcoin broke $43,500. ETH is showing a few concerning signs and might take a major hit. Ethereum is struggling to gain pace for a move above the $2,250 resistance zone. The price is trading below $2,220 and the 100-hourly Simple Moving Average. There is…
Hardware wallet manufacturer Ledger has responded to a recent security breach resulting in the theft of $600,000 worth of user assets. The company has pledged to enhance its security protocols by eliminating Blind Signing, a process where transactions are displayed in code rather than plain language, by June 2024. Ledger Takes Responsibility For ConnectKit Attack…
An analyst has explained how Ethereum is retesting a breakout zone currently and that this might lead toward a price target of $3,500. Ethereum Is Retesting The Breakout Line Of An Ascending Triangle As pointed out by analyst Ali in a new post on X, Ethereum may be preparing for a further climb right now…
As 2024 approaches, crypto analytics firm Nansen offers insightful predictions for the crypto sector, anticipating significant developments and shifts. Despite cautious optimism, they acknowledge a 10-20% chance of inflation resurgence after the US Federal Reserve (Fed) pivot, potentially impacting crypto prices. Related Reading: Ethereum Price Close Below $2,120 Could Spark Larger Degree Decline As of…
Ethereum price is struggling to climb again above $2,200 and $2,250. ETH could gain bearish momentum if there is a clear move below the $2,120 support. Ethereum is struggling to gain pace for a move above the $2,150 resistance zone. The price is trading below $2,200 and the 100-hourly Simple Moving Average. There is a…
Ethereum has followed the general trend of Bitcoin over the last few weeks and when the asset dipped from its 2023 peak, so did the price of ETH. Following this decline in price, a worrying pattern has appeared on the ETH chart known as a falling wedge pattern. This was brought to light by crypto analyst…
In the past week, some of the biggest Ethereum whales, those with holdings ranging from 1 million to 10 million ETH, have accumulated an impressive 100,000 ETH, valued at a staggering $230 million. This active buying stance by influential investors highlights their unwavering belief in the long-term potential of Ethereum, even in the face of…
Ethereum price is recovering losses from the $2,120 support. ETH is up over 3% and the price could gain pace if it clears the $2,250 resistance. Ethereum is moving higher from the $2,120 support zone. The price is trading above $2,200 and the 100-hourly Simple Moving Average. There was a break above a key bearish…
The crypto investment landscape has experienced a notable shift recently, as digital asset investment products saw their first net outflows in 11 weeks. This development was predominantly led by Bitcoin, which had previously enjoyed a consistent inflow into various crypto funds. In a recent report by CoinShares, a leading digital asset management firm, last week…