The price of Ethereum has fallen below $1,900, dropping from the $2,000 mark that was previously held by bulls. This has led to another sell-off and the bearish influence remains strong despite attempts at recovery. In the last 24 hours, Ethereum has risen by only 1.2%, but on the weekly chart, the altcoin has seen…
Ethereum, the world’s second-largest cryptocurrency, has seen its recent rally come to a screeching halt as Ethereum (ETH) has erased all of its gains in the wake of the highly anticipated Shanghai upgrade. While many had high hopes for this upgrade, which promised to improve the network’s speed and scalability, the market seems to have…
Whales have resumed their Shiba Inu buying spree as the meme coin price declined alongside the global crypto market. According to the WhaleStats report, a top ETH whale picked up $3.22 million worth of SHIB tokens over the past 24 hours. The Ethereum whale performed the purchase in two transactions, scooping over 311 billion Siba…
Amid the bearish trend that suppressed several coin prices, including Bitcoin, the Zilliqa token emerged among the gainers. Zilliqa secured first place among top-gaining coins in the bearish cryptocurrency market with a 9% uptrend over the past 24 hours. This price move follows a network performance statistics update shared by a Twitter community member @inna_everstake.…
Ethereum price extended its decline below $1,950 against the US Dollar. ETH could start a fresh increase if it clears the $1,960 and $2,000 resistance levels. Ethereum traded further lower below the $1,950 support. The price is trading below $1,960 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with…
Bitcoin and the broader crypto market have taken harsh losses over the past two days. After the BTC price was still trading above the psychologically important $30,000 price mark on Tuesday, a sharp downward correction followed on Wednesday, dragging the entire crypto market down with it. And an even deeper correction cannot be ruled out.…
Ethereum started another increase above the $1,620 resistance against the US Dollar. ETH is rising and might rally if it clears the $1,665 resistance zone. Ethereum is slowly moving higher above the $1,600 and $1,620 levels. The price is now trading above $1,620 and the 100 hourly simple moving average. There was a break above…
The conditions of the cryptocurrency market have changed drastically; according to an analysis by QCP Capital, the options market in its current state makes the crypto industry look like a major crisis, such as the shutdown of crypto exchange FTX after filing for bankruptcy, never happened. Trading desk QCP Capital published observations on the crypto…
Aave V3 is now live on the Ethereum mainnet. With this upgrade, WBTC, WETH, wstETH, USDC, DAI, LINK, and AAVE are the only supported assets. Aave V3 Improves Capital Efficiency Stani Kulechov, the co-founder of Aave, said V3’s flexible design introduces new ways of mitigating risks, reducing gas costs, and improving capital efficiency, all while ensuring…
Ethereum struggled once again to clear the $1,640 resistance against the US Dollar. ETH is correcting lower and remains at a risk of a move below the $1,550 support. Ethereum is slowly moving lower below the $1,620 and $1,600 levels. The price is now trading below $1,600 and the 100 hourly simple moving average. There…