Peter Wood, the CEO of up-and-coming UK exchange CoinBurp, believes NFTs are caught in a bubble that will eventually pop. However, Wood says that much like cryptocurrencies consolidated through crypto winter to emerge stronger, so will NFTs after the pop. Signs of Digital Art NFTs Cooling Following the record-breaking $69.3mn sale of Beeple’s The First…
Ethereum extended its rally and traded to a new all-time high at $2,150 against the US Dollar. ETH price is now consolidating gains and it is likely to rally above $2,200. Ethereum is trading nicely in a bullish zone above the $2,050 support. The price is now well above the $2,100 support and the 100…
The initial growth of the DeFi industry helped to lay the foundation of the current bull market. Innovation in the decentralized finance sector helped fuel Ethereum’s growth, and once Bitcoin got going, the rising tide lifted all other boats. Doing away with any fears of the tide rolling back out just as quickly as it…
Ethereum traded to a new all-time high at $2,140 before correcting lower against the US Dollar. ETH price is now holding gains above the $2,000 support zone. Ethereum is showing a lot of positive signs above the $2,000 support zone. The price is now well above the $2,000 support and the 100 hourly simple moving…
Ethereum just cleanly broke above $2,000 for the first time ever, and the altcoin has been soaring since. The milestone has revived talk about an altcoin season and even a “flippening” of Bitcoin itself. And while that’s unlikely to happen, technical analysis of the ETHBTC pair could suggest that one full Ethereum will soon be…
Ethereum gained bullish momentum and it cleared the $1,950 resistance against the US Dollar. ETH price tested $2,000 and it is likely to continue higher. Ethereum is extending gains and it recently tested the $2,000 resistance zone. The price is now well above the $1,950 support and the 100 hourly simple moving average. There is…
Ethereum gained bullish momentum above the $1,850 resistance against the US Dollar. ETH price is currently correcting lower from $1,945, but it might find bids near $1,850. Ethereum is in a positive zone and it recently climbed above the $1,900 resistance. The price is now well above the $1,850 support and the 100 hourly simple…
Ethereum extended its rally above the $1,800 resistance against the US Dollar. ETH price is currently correcting lower from $1,840, but it might find bids near $1,750. Ethereum remained in a positive zone and it pumped above the $1,800 resistance. The price is now well above the $1,750 support and the 100 hourly simple moving…
Ethereum price over the last couple of years has outperformed even Bitcoin’s, making it the most bullish cryptocurrency among the top three assets. But a fractal brewing in the altcoin could make for an incredibly bearish outcome if history repeats. Here’s a closer look at the bearish cryptocurrency chart fractal potentially warning of a reversal,…
Ethereum recovered above $1,700 and it even tested $1,730 against the US Dollar. ETH price is showing positive signs, but it must settle above $1,720 for a sustained upward move. Ethereum gained traction after there was a close above the $1,600 level. The price is now above the $1,650 resistance and the 100 hourly simple…