Ethereum has seen a decline over the past 24 hours. Being hit with new selling pressure, the world’s second-largest crypto asset has plummeted by over 8%. Despite its recent pressure, the whales have become more intense on ETH. The crypto market is still red, with most crypto assets declining. The bearish trend from the collapse…
ETH’s price lost its demand zone as the price struggled to break above $1,250. ETH’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors. ETH’s price looks weak as the price struggles to hold above $1,100, with the possibility of reclaiming the daily 50 Exponential…
With the FTX crypto exchange’s collapse, many events erupted in the crypto space. As a result, more of FTX’s investors and partners record massive losses with no potential recovery system. FTX filed for bankruptcy last week, but shocking revelations are now creeping out following its bankruptcy filing. A deeper examination of the crypto exchange disclosed…
The crypto market has recently witnessed different shades of events, impacting several assets negatively, such as Ethereum. The collapse of the FTX crypto exchange is still causing many downtrends in the market. The overall price trend in the market has maintained a southward move beyond expectations. Besides the FTX saga, other activities have been erupting…
Ethereum co-founder Vitalik Buterin has published a cryptic tweet, which at first glance could cause further uncertainty in the crypto community. Referring to rumors of a possible bankruptcy of Genesis Trading and its parent company Digital Currency Group (DCG), Buterin wrote that “I’m hearing through the grapevine that something important is about to happen.” Buterin…
BTC’s price lost its all-time high as price struggled to break above $17,000. BTC’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors. BTC’s price looks weak as the price struggles to hold above $16,000, with the possibility of reclaiming the daily 50 Exponential Moving…
Ethereum started another decline below the $1,180 support against the US Dollar. ETH is down over 8% and there is a risk of a move towards the $1,000 support. Ethereum started a major decline below the $1,180 and $1,170 support levels. The price is now trading below $1,150 and the 100 hourly simple moving average.…
The current state of MATIC and Polygon’s crypto ecosystem ranks among the worst. It took a toll on In the wake of FTX’s demise, the industry-wide contagion has impacted other projects, Polygon among them. Despite this, Polygon is in the top three DeFi companies in terms of revenue. However, Polygon and its native coin is…
Ethereum is consolidating losses above the $1,200 support against the US Dollar. ETH could start a steady increase if there is a clear move above the $1,300 resistance. Ethereum is facing resistance near the $1,240 and $1,250 levels. The price is now trading below $1,240 and the 100 hourly simple moving average. There is a…
ETH’s price reclaims its demand zone of $1,200 as price bounces to a region of $1,250 despite market turmoil. ETH’s price continues to show strength after a bearish downtrend with the market’s current state, as things look uncertain for most traders and investors. ETH’s price bounces from a low of $1,100 on the daily timeframes…