The cryptocurrency market appears set to end the business week deep in the red after the $6.3 billion Binance hack sent shockwaves through the entire sector. The leading digital assets Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) did not escape the pullback, with one popular analyst suggesting they could plunge even more before attractive buying […]
At the start of the business week, the second-largest cryptocurrency briefly fell below $2,300, but buyers stepped in over the past 24 hours, and the asset is now trading around $2,350. While many analysts remain bullish on ETH’s prospects, persistent selling from wallets linked to the Ethereum Foundation could hinder the asset’s progress and weigh […]
The world’s largest cryptocurrency exchange will briefly suspend some important services on the Ethereum (ETH) network this week. It will also remove several trading pairs that no longer meet the required standards. Here’s everything users should know. The Upcoming Disruption Binance will perform wallet maintenance on the ETH network on October 28, and deposits and […]
Although Thursday saw the highest daily net outflow in four months of well over $600 million, the spot Bitcoin ETFs still managed to end the week in the green. The same cannot be said about their Ethereum counterparts, which have bled for the fourth consecutive week. BTC ETF in the Green But… It was a […]
Although the entire cryptocurrency market is in the red on Thursday morning, some altcoins have taken it worse than others, and the largest of the bunch is among them. ETH just slumped to $2,315 (on Bitstamp), down $200 for the day. This became its lowest price tag since the breakout rally in the middle of […]
Most major cryptocurrencies tanked over the past several days, led by bitcoin’s nosedive from $87,000 to under $81,000, which became its lowest price tag in well over two weeks. Large altcoins such as XRP and ETH were not spared, with the former posting a double-digit decline over the past seven-day period. The question now is […]
Ethereum is trading near $2.5K after a sharp correction from the $2.7K resistance area, with the latest price action putting a key support zone under pressure. While ETH remains above its daily 100-day and 200-day moving averages, weakening momentum and a recent rebound in the exchange supply ratio suggest that traders should watch for further […]
Ethereum is holding at $2.7K after another rejection from overhead resistance. Buyers have preserved the broader upward structure, but a sustained breakout is still needed to turn the current consolidation into a fresh bullish leg. Ethereum Price Analysis: The Daily Chart On the daily chart, Ethereum continues to consolidate around the lower boundary of the […]
OG Ethereum investors woke up a few days ago by completing the biggest move of long-dormant coins since early June. However, the actual number of ETH that reached exchanges was negligible, which suggests that this unusual activity may reflect wallet reshuffling rather than holders rushing to cash out as the underlying asset continues to fight […]
The second-largest cryptocurrency gained almost 9% in September, a notable achievement given that the month has historically been one of its weakest periods. Now, many analysts and market observers think that Ethereum is on the verge of a major breakout, while recent whale activity and strong institutional demand support the bullish view. Lots of Optimism […]