Tag: Ethereum

Ethereum Price Consolidates and Eyes Recovery—Is a Bounce Incoming?

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum price started a recovery wave above the $1,820 zone. ETH is now consolidating and facing hurdles near the $1,950 resistance. Ethereum started a recovery wave above the $1,820…

Ethereum price futures slip into backwardation, BTC in contango: Kraken

Ethereum price continued its strong downward trend against the US dollar and Bitcoin as its linear weekly futures moved into backwardation. Ethereum (ETH) crashed to 0.023 against Bitcoin (BTC), its lowest level since May 2020 and 74% below its highest level during the pandemic.  Similarly, the coin dropped to a low of $1,770, its lowest point since October 2023, and 57% from its highest level in December of last year.  The ongoing Ethereum price crash is attributed to several factors like the ongoing ETF outflows, increased competition from layer-1 and…

Ethereum pushes back Pectra upgrade to conduct third testnet ‘Hoodi’

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Ethereum core developers have decided to create a third testnet, Hoodi, to better prepare for the Pectra upgrade, which has now been delayed until at least late April after the first two testnets encountered several bugs. The Hoodi testnet will launch on March 17 and the Pectra upgrade for it will be activated on March 26, Ethereum Foundation developer Tim Beiko said following the Ethereum All Core Dev Call on March 13. If Pectra runs smoothly on Hoodi without major issues, core developers could set a mainnet launch date for…

Ethereum Net Taker Volume Signals Huge Selling Pressure – Can Bulls Hold Key Levels?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum (ETH) is facing significant selling pressure, trading below the $1,900 mark as market uncertainty continues to weigh on price action. After losing the critical $2,000 level, ETH plunged…

Hemi Launches Mainnet With $440M TVL, Unifying Bitcoin and Ethereum in a New DeFi Supernetwork

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Hemi has launched its mainnet, positioning itself as a significant player in the decentralized finance (DeFi) space by securing over $440 million in total value locked (TVL) and partnering with more than 50 ecosystem protocols. Founded by early Bitcoin developer Jeff Garzik, Hemi aims to unify Bitcoin and Ethereum into a single supernetwork, enhancing scalability, […] Original

Ethereum Price Hits Resistance—Will The Recovery Stall Here?

Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum price started a recovery wave from the $1,750 zone. ETH is now consolidating and facing hurdles near the $1,920 resistance. Ethereum started a recovery wave above the $1,850 level. The price…

This Ethereum Monthly RSI Chart Just Crashed To New Lows To Break 2022 Records, What Happened Last Time?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum’s price has been facing significant downward pressure in recent days, with the cryptocurrency even dipping below the $2,000 mark for the first time since December 2023. The crash…

Is Trump winning and crypto losing? Bitcoin, Ethereum, XRP deep dive

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Bitcoin, Ethereum, and XRP face carnage in response to Trump’s policies and announcements. The total market capitalization of crypto is down to $2.784 trillion on Wednesday.  Bitcoin’s correlation (BTC) with the S&P 500 is 0.75 in the 30-day timeframe, signaling to traders that the top crypto is behaving like U.S. equities. Trumpism, or what U.S. President Donald Trump believes in a particular moment on a particular day about a subject that has ushered a steep correction in crypto within the first fifty days of his administration.  Why is crypto losing…

Europe’s asset manager HANetf rolls out ETC to double or short Bitcoin and Ethereum

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Asset manager HANetf has introduced leveraged and inverse crypto ETCs, offering traders a new way to bet on Bitcoin and Ethereum price swings. White-label exchange-traded fund provider HANetf is offering traders in Europe new ways to speculate on crypto by launching its first leveraged cryptocurrency exchange-traded commodities and a short Bitcoin (BTC) strategy, allowing them to bet on price movements of BTC and Ethereum (ETH). Available on Nasdaq Sweden with a 2% expense ratio, traders can now access the 2x Long Bitcoin ETC, 2x Long Ethereum ETC, and 2x Short…

Ethereum Risks Another 15% Correction After Fall Below $2,000

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum (ETH) has revisited yearly lows after losing the key $2,000 support, registering its worst performance in years. Some analysts forecasted another 15% drop if the trend continues but…