Ethereum is currently following the market trend of Bitcoin and continues to maintain above the $1,800 level. This price level is still bullish for the digital asset which is now only around 60% down from its all-time high. However, there is a threat to the stability that the digital asset has enjoyed so far which…
According to data from leading crypto analytics firm Santiment, a distinct trend has unfolded in the stablecoin sphere. Even as stablecoins designed to maintain parity with a reserve asset like the US dollar, continue to hold their $1 peg, the combined market capitalization of the top five stablecoins – Tether (USDT), USD Coin (USDC), Binance…
Ethereum price is moving lower from the $1,900 resistance against the US Dollar. ETH could decline heavily if there is a clear move below the $1,800 support. Ethereum is still struggling to clear the $1,900 and $1,920 resistance levels. The price is trading below $1,880 and the 100-hourly Simple Moving Average. There is a major…
Ethereum price recovered losses and traded above $1,860 against the US Dollar. ETH must clear $1,920 to start a strong increase in the near term. Ethereum is showing positive signs above the $1,860 level. The price is trading above $1,850 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend…
Jack Dorsey, the former CEO of Twitter, while replying to a comment on June 6, alleged that Ethereum (ETH), the world’s second-largest cryptocurrency exchange, is a security under United States laws. This controversially implies that holders of ETH should, as directed by law, comply with rules enforced by the Securities and Exchange Commission (SEC). Dorsey Claims…
The cryptocurrency market experienced a significant jolt as Bitcoin, the largest cryptocurrency by market capitalization, slipped below its previously plateaued threshold of $26,000. This downward movement has led to a surge in total liquidations, with traders losing more than $300 million within a span of 24 hours. The repercussions of this event are reverberating throughout…
Ethereum price gained bearish momentum below $1,860 against the US Dollar. ETH is showing a lot of bearish signs and might drop to $1,720. Ethereum is down over 4% and trading well below $1,900. The price is trading below $1,840 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend…
On-chain data shows the ten largest whales on the Ethereum network are now holding 31.8 million ETH, a new all-time high. Ethereum Holdings Of Top 10 Whales Have Now Surpassed August 2015 ATH According to data from the on-chain analytics firm Santiment, the largest ETH whales have grown their supplies recently. The largest whales here…
Ethereum price started a fresh decline from the $1,920 resistance against the US Dollar. ETH is moving lower and might dive below the $1,850 support. Ethereum is struggling to gain bullish momentum above the $1,920 resistance. The price is trading below $1,900 and the 100-hourly Simple Moving Average. There was a break below a key…
Celsius, a popular lending platform, has made significant moves in staking Ethereum (ETH) as they stake almost $1 billion worth of the cryptocurrency. According to the Blockchain intelligence company Arkham Intel, In the past 24 hours alone, Celsius has staked over $600 million worth of ETH, with no signs of slowing down. This represents a…