Ethereum price is gaining pace above $1,920 against the US Dollar. ETH could gain bullish momentum and might soon clear the $2,000 resistance. Ethereum is attempting a fresh increase above the $1,920 zone. The price is trading above $1,900 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line…
In a recent community call, the team behind the Ethereum Name Service (ENS) revealed plans to adopt a Layer-2 platform in light of increasing gas fees on the mainnet. In response to this planned move, ENS prices climbed roughly 10%, floating higher with increasing trading volumes, evident in the daily chart. The Ethereum Name Service ENS…
It appears that the co-founder of Ethereum, Vitalik Buterin, doesn’t trust the security of infrastructure allowing ETH staking. Consequently, in a recent interview, Buterin stated that he would only stake a limited amount of coins to ensure the network is distributed and remain robust against malicious agents who might try to take over the platform,…
The Ethereum network is currently witnessing a surge in interest following the recent Shanghai upgrade, which has expanded the options for holders of Ethereum (ETH). This has resulted in an uptick in the number of people staking their ETH in beacon deposit contracts, an indication of the growing confidence in the Ethereum blockchain since the…
Ethereum price is holding gains above the $1,800 level against the US Dollar. ETH could gain bullish momentum if it clears the $1,880 resistance zone. Ethereum is attempting a fresh increase from the $1,820 zone. The price is trading near $1,865 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish…
The two largest cryptocurrencies by market capitalization, Ethereum and Bitcoin, slowed down on their rally. Following a surge above critical resistance, the cryptocurrencies could retrace and return to critical support levels. As of this writing, Ethereum (ETH) trades at $1,840 with sideways movement in the last 24 hours. Over the past week, ETH has recorded…
Ethereum (ETH), the second largest cryptocurrency by market cap, experienced a price drop of over 3% within the last 24 hours. The reason is presumably a significant sell-off carried out by a prominent whale. The whale deposited 25,000 ETH (worth around $47.24 million) on Binance, only to withdraw a significant amount of USDT shortly afterwards.…
Ethereum price is slowly moving lower below the $1,880 level against the US Dollar. ETH is still at risk of a move toward the $1,790 support. Ethereum is moving lower from the $1,920 resistance. The price is trading below $1,880 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line forming with…
FTT, the native currency of FTX and its ecosystem, is up 45% when writing on June 28. This positive price action follows a report by the Wall Street Journal that the exchange’s new management has started receiving proposals from parties interested in restarting the exchange. The unconfirmed report cited the chief executive officer, John J. Ray…
In the crypto market, keeping an eye on the moves of the ‘whales’ – individuals or entities holding large quantities of digital assets, can often provide insights into asset market trends such as Ethereum (ETH) and PEPE. Earlier today, blockchain tracking firm Lookonchain spotted a major shift involving a substantial exchange between leading cryptocurrencies. The…