Ether’s one-month call-put skew, an options market measure of sentiment, has turned negative, hinting at the relative richness of puts, or options used to protect against bearish price trends. The 60-day guage has also flipped in favor of put options, while the 90-day and 180-day metrics remain positive. Source
Ethereum price cleared the $4,000 resistance zone. ETH is now consolidating gains and might extend its increase above the $4,100 zone. Ethereum traded to a new multi-month high above $4,050. The price is trading above $4,000 and the 100-hourly Simple Moving Average. There is a short-term breakout pattern forming with resistance at $4,060 on the hourly chart of ETH/USD (data feed via Kraken). The pair could resume its increase if it clears the $4,080 resistance zone. Ethereum Price Reclaims $4K Ethereum price remained well-bid above the $3,880 level and extended…
On March 11, ethereum’s price action painted a bullish picture, closing at $4,053 after touching a low of $3,800. With oscillators signaling mixed sentiments and moving averages strongly favoring buyers, the digital currency showcased a strong performance amidst a trading volume of $27.57 billion. Ethereum Ethereum’s (ETH) journey on March 11 marked a significant upturn, […] Source CryptoX Portal
The market surge that the crypto industry is experiencing has had ripple effects on Web3 projects such as DeeStream (DST). Investor whales in projects such as Tron (TRX) and Ethereum (ETH) want to expand their portfolio. DeeStream (DST) is the project with promise as it’s speculated to go up 20x its presale value as Shiba Inu (SHIB) surges 230%. Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to…
Top cryptocurrencies including Bitcoin (BTC) and Ethereum (ETH) propelled market cap growth by $270 billion within the last week. An 11.3% increase saw the sector’s market cap appreciate to $2.64 trillion. This commendable growth was also driven by a significant contribution from Worldcoin (WLD). BTC, ETH and WLD prices -March 10 | Source: Santiment BTC records new ATH The crypto market uptrend spilled into this week, allowing several assets to clinch new heights. Being the leading cryptocurrency, Bitcoin was not left out in this trend, as the token saw massive…
Fees on layer 2s, designed to scale the Ethereum network, also surged, with transactions costing as much as $1 on Arbitrum, the highest since 2022, the report said. This issue has a quick fix though with the Dencun upgrade coming up next week, which is expected to lower transaction costs on layer 2s to cents. Source
Ethereum price extended its increase toward $3,950. ETH is now consolidating gains and might aim for a move above the $4,000 resistance. Ethereum traded to a new multi-month high above $3,940. The price is trading above $3,850 and the 100-hourly Simple Moving Average. There was a break above a short-term bullish flag pattern with resistance at $3,830 on the hourly chart of ETH/USD (data feed via Kraken). The pair could resume its increase if it clears the $3,940 resistance zone. Ethereum Price Remains In Strong Uptrend Ethereum price extended its…
Late November 2020, BTC was knocking at its all-time highs at $19,000 in, while ETH was hovering below $600, some 60% lower than its 2018 peak. A few weeks later, when BTC decisively broke above its former record price, ETH embarked on a multi-month rally to eventually hit a $4,400 peak in May. Source
The Ethereum Dencun upgrade is fast approaching and there have already been notable developments leading up to it. Besides the price of ETH rising to new two-year highs, there has been a significant increase in the amount of ETH that has been burned so far. Over 50,000 ETH Burned The Ethereum burn, which was brought with the EIP-1559 upgrade, has been ramping up over the past year. The ETH burned from fees on the blockchain quickly crossed the $100 million mark, and has now climbed to a new milestone. According…
“The popularity and interest in ETH and SOL has increased substantially over the past few months,” Josh Deems, head of institutional business development for Figment, said in the statement. “However, it is still challenging for institutions to buy crypto and stake directly. The ETPs will contribute to an increased accessibility to staking rewards for a wide audience, and we at Figment are proud that Apex and Issuance.Swiss chose Figment to be part of this development.” Source