Although Ethereum has embarked on an impressive 170% rally since March’s lows, the cryptocurrency remains more than 80% below its all-time high of $1,430.With such a strong retracement from its all-time highs, there have been some skeptics questioning if ETH will ever hit a new all-time high.Fundamentals signs, though, are showing that ETH is poised…
Bitcoin’s rally over the past month has been impressive. But even more so is that of Ethereum.The second-largest cryptocurrency is up more than 13% in the past 30 days, according to data from Coin360.com. Over that same time frame, Bitcoin dipped by 4%, while some altcoins like XRP and BSV plunged by nearly 10%.ETH’s ability…
Ethereum has been holding up quite well against Bitcoin despite seeing some slight weakness throughout the past week after facing a harsh rejection at its local highs of $255.The cryptocurrency now appears to be well-positioned to see further upside in the near-term, as analysts are noting that it has been able to form a strong…
HackMoney Hackathon, a 30-day virtual Aave hackathon organized by Ethereum developer group ETHGlobal, has announced its three winning projects—Learn&Earn, a gamified online learning platform, YieldHero, a suite for managing Aave, and MagicBet, a no-loss betting platform that enables users to stake DAI.Hacking Lending and Money Maker Protocol AaveOrganized by ETHGlobal, an organization focused on onboarding…
Long positions in the second-largest cryptocurrency by market cap have gone parabolic, alongside the asset’s best use case. Bullish sentiment is picking up, and according to a global macro investor with over 25 years of market experience, Etheruem‘s chart looks to be on the”verge” of an “explosive upmove.”The analyst projects a target of $500 per…
Upon checking crypto Twitter, cryptocurrency sub-Reddits, and elsewhere in the crypto space, investors are exceptionally bullish on Ethereum compared to Bitcoin. Long positions in Ethereum continue to skyrocket, and the amount of ETH locked up in DeFi grows by the day.Yet a dead accurate sell signal has just triggered on both ETHUSD and ETHBTC price…
Ethereum is up close to 4% and it surpassed the $240 resistance zone against the US Dollar. ETH price is likely to continue higher towards the $250 and $255 resistance levels.Ethereum reversed losses and climbed back from the $230 support zone.The price is now trading comfortably above the $240 pivot level, with a positive bias.There…
After breaking out past $250 on June 1st, Ethereum saw a harsh rejection on June 2nd. The asset fell from over $250 to $225 in a matter of minutes, crushed as Bitcoin slipped by a similar amount on top exchanges.Despite this strong drop, analysts assert that bulls still remain in control of the asset.Related Reading: Crypto…
Ethereum has entered a firm consolidation phase in the time following its recent bout of volatility.This turbulence came about yesterday, with ETH’s buyers propelling it to highs of $255 before it lost its momentum and declined down to lows of $230.Bitcoin triggered this movement, as the benchmark cryptocurrency first rallied to highs of $10,400 on…
Data has shown that Grayscale’s Ethereum Trust is currently trading at a huge premium against ETH’s net asset value, indicating that there’s a fair amount of FOMO following it.While it’s still hard to determine whether the huge increase was caused by institutional or individual investments, traders should be careful when investing in products with such…