Ethereum price started a downside correction below $3,650. ETH traded below $3,500 and is currently attempting a decent recovery wave in the near term. Ethereum started a downside correction below the $3,700 zone. The price is trading below $3,700 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,660 on the hourly chart of ETH/USD (data feed via Kraken). The pair could resume its increase if it clears the $3,750 resistance zone. Ethereum Price Dips Ethereum price started a downside correction below…
Tag: Ethereum
Grayscale Submits Revised Application For Ethereum Spot ETF
Asset management firm Grayscale Investments has updated its application for an Ethereum spot ETF (exchange-traded fund) with the United States Securities and Exchange Commission (SEC). Ethereum Spot ETF Case Just As Solid As Bitcoin’s, Grayscale Argues According to a recent post on X by Craig Salm, Grayscale’s chief legal officer, the asset management firm has revised its 19b-4 form for an Ether spot ETF. Salm claimed that this move was “important” in an effort for Grayscale to list and trade shares of its Ether Trust on the New York Stock…
Solana and Ethereum see gains; KangaMoon presale hits 125% ROI
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum and Solana showcase market resilience with positive gains, while newcomer KangaMoon excites investors with a 125% ROI from its presale. Bullish sentiment dominates the crypto market, shining the spotlight on top crypto coins like Ethereum (ETH), and Solana (SOL), alongside a new market entrant, KangaMoon (KANG). KangaMoon’s ongoing presale has particularly been a remarkable success, quickly selling out its initial two phases and generating a significant 125% return…
Ethereum Rollups Start Reaping Dencun Benefits: 99% Fee Drops Reported in Some Cases
Ethereum rollups, the layer 2 scaling structures, have started reaping the benefits of the recently applied Dencun upgrade. The update, which included EIP-4844, also known as Proto-Danksharding, has allowed transaction fees to decrease by 99% in some cases, with Arbitrum, Base, Optimism, and Starknet becoming cheaper across the board. Ethereum Dencun Upgrade Reduced Rollup Fees […] Source CryptoX Portal
Will Ethereum And Solana Bulls Surpass Expectations?
After a six-week run, altcoins are cooling off, leading some to fear the worst. However, in a post on X, one crypto analyst urges calm, saying the dip is a normal part of any bull market and may even present opportunities for discerning traders and investors. Altcoins bullish wave | Source: Analyst via X Altcoins Drop, Follow Bitcoin After posting solid gains and rallying to as high as $73,800 on March 13, Bitcoin edged lower on March 14 and continues under pressure when writing. Considering the positive correlation between Bitcoin and…
DeeStream presale ignites Ethereum and Bitcoin markets
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 the company. March is marked by a significant surge in interest as Ethereum (ETH) and Bitcoin (BTC) investors eye potential returns, focusing on the DeeStream (DST) presale amidst a lively month for the cryptocurrency market. Ethereum over $4,000 is underpinned by dynamics in the derivatives market and an upcoming Dencun upgrade promising a range of cost-cutting measures. Bitcoin targets…
Ethereum Price Takes Hit, But This Support Could Spark Fresh Increase
Ethereum price is declining from the $4,080 zone. ETH is now approaching a major support at $3,500 where the bulls might take a stand. Ethereum started a downside correction from the $3,080 zone. The price is trading below $3,800 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,850 on the hourly chart of ETH/USD (data feed via Kraken). The pair could resume its increase if it clears the $3,850 resistance zone. Ethereum Price Dips Ethereum price failed to stay above the…
Why The Ethereum $4,000 Party Might End Soon
Amidst the tumultuous seas of the crypto market, Ethereum (ETH) finds itself navigating through waves of uncertainty after a period of bullish fervor. Investors who once rode high on the tide of optimism now brace themselves for potential stormy weather ahead. The Bearish Shadow Looms The once bright horizon for Ethereum has dimmed as indicators point towards a shift in sentiment. A surge in interest in put options hints at growing apprehension among traders, seeking refuge from potential losses in speculative ventures. The rise in demand for these protective measures…
Developers Upload Script of Jerry Seinfeld’s ‘Bee Movie’ on Ethereum as Gas Fees Plunge After Dencun
Copying and pasting the Bee Movie script is a niche internet meme that originated on Tumblr and quickly spread to Reddit, YouTube, Facebook, and other social media platforms. Source
Ethereum Price Faces Many Hurdles, Downside Thrust Before Fresh Increase?
Ethereum price is struggling above the $4,000 zone. ETH is slowly moving lower and there is a risk of a downside thrust toward the $3,850 support. Ethereum traded to a new multi-month high above $4,080 before correcting lower. The price is trading below $4,000 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,965 on the hourly chart of ETH/USD (data feed via Kraken). The pair could resume its increase if it clears the $4,025 resistance zone. Ethereum Price Holds Support Ethereum…