The amount of funds flowing through the Avalanche Bridge is down 70% in the last 24 hours, DeFiLlama data on May 31 shows. 70% Drop In Activity In The Avalanche Bridge To Ethereum Over the past day, the bridge has facilitated $2,634,828 worth of transactions and processed $22.4 million in transfers in the last week. The bridge…
Ethereum price is correcting gains from the $1,920 resistance against the US Dollar. ETH could start a fresh rally if it clears the $1,920 and $1,930 resistance levels. Ethereum is still struggling to clear the $1,920 resistance zone. The price is trading above $1,880 and the 100-hourly Simple Moving Average. There is a crucial bullish…
The non-fungible token (NFT) industry has become a trending digital asset sector. The sector gained significant traction from investors worldwide over the past two years. Even during the extended bearish market of 2022, the industry thrived, gaining more sales volume than in 2021. However, the trend seems to be changing, with many collections recording important…
The crypto market has shown signs of recovery over the last week, with top coins trending to the top of their range. However, the picture could turn red in the short term for some altcoins as unlocks season kick-off. As of this writing, Ethereum trades at around $1,900 with sideways price action in the last…
Ethereum price corrected gains from the $1,920 resistance against the US Dollar. ETH is currently supported and might soon aim for a move toward $2,000. Ethereum is currently eyeing a fresh increase above the $1,920 resistance zone. The price is trading above $1,880 and the 100-hourly Simple Moving Average. There is a major bullish trend…
The Ethereum price has shown attempts at recovery during recent trading sessions. Over the past 24 hours, the price of this altcoin has experienced a modest increase of nearly 2%. However, when observing the weekly chart, the price has only managed to appreciate by 3%. In terms of technical analysis, the outlook has favored the…
Ethereum, the world’s second-largest cryptocurrency by market capitalization, has witnessed a significant surge in its mean block size, reaching a new 1-month high. This milestone was recently announced by Glassnode, a renowned on-chain analysis platform. The increase in block size indicates a notable improvement in Ethereum’s network capacity and transaction throughput, potentially bringing positive implications…
Ethereum price started a recovery wave above the $1,850 level against the US Dollar. ETH must clear $1,920 to continue higher in the near term. Ethereum is currently showing positive signs above the $1,850 resistance zone. The price is trading above $1,880 and the 100-hourly Simple Moving Average. There is a key bullish trend line…
Ethereum price started a recovery wave above the $1,780 level against the US Dollar. ETH must clear $1,820 to start a decent increase in the near term. Ethereum is currently consolidating below the $1,820 resistance zone. The price is trading below $1,820 and the 100-hourly Simple Moving Average. There is a major bearish trend line…
Ethereum price started a fresh decline below the $1,820 support against the US Dollar. ETH is showing bearish signs and might decline further toward $1,700. Ethereum is currently moving lower below the $1,820 support zone. The price is trading below $1,800 and the 100-hourly Simple Moving Average. There are two bearish trend lines forming with…