Tag: Ethereum

Analyst Who Correctly Predicted The Ethereum Price Crash Against Bitcoin Reveals Where It’s Headed Next

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Este artículo también está disponible en español. The Ethereum price has returned above the $3,800 price level on the back of a 5% increase in the past 24 hours. Interestingly, this Ethereum price increase has come amidst a simultaneous increase in the performance of ETH against BTC in recent weeks.  According to crypto analyst Benjamin Cowen, this recent price action might actually be the earliest stages of Ethereum’s price increase against Bitcoin within the next six to 12 months. Analysing The ETH/BTC Pair The last two weeks were highlighted by…

Ethereum Breaks Barriers, Targets $6K Amid Record ETF Activity

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Este artículo también está disponible en español. The increasing prominence of Ethereum is once again in the spotlight, as recent data indicates a substantial inflow of funds into Ether-based ETFs. These products have experienced a remarkable $133 million in net inflows over the course of seven days, indicating a significant increase in institutional interest and investor confidence. Related Reading Ethereum isn’t just optimistic about exchange-traded funds (ETFs). Analysts are making big price predictions for the cryptocurrency right now. This is because its network is being used more and more in…

BNB price is beating Ethereum and Bitcoin; CZ responds

Binance Coin continued its strong performance this week, reaching an all-time high of $794.  Binance Coin (BNB) has done better than some large coins like Ethereum (ETH) and Bitcoin (BTC) over the last 12 months. It has gained 220%, compared to BTC’s 133% and ETH’s 71% rise in the same period. In response to an X post highlighting this performance, Changpeng Zhao noted that investors often focus on 24-hour performance, missing the broader long-term gains. People only care about performance in the last 24 hours, scratch that, 8 hours. 😂…

Ethereum To $10,000: Analyst Reveals Mid & Long-Term ETH Targets

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An analyst has placed these mid-term and long-term targets for Ethereum based on an Ascending Parallel Channel that has been forming in its weekly price. Ethereum Has Been Traveling Inside An Ascending Channel For A While Now In a new post on X, analyst Ali Martinez has discussed where ETH could be heading next based on a pattern forming in its weekly price chart. The pattern in question is the Ascending Channel from technical analysis, which is a type of Parallel Channel. A Parallel Channel is made up of two…

Ethereum Price Rockets Up: $4,000 Target Inches Closer

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Este artículo también está disponible en español. Ethereum price is rising from the $3,550 zone. ETH is showing bullish signs and might soon aim for a move above the $3,920 resistance zone. Ethereum remained in a positive zone and stayed above the $3,650 zone. The price is trading above $3,750 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it clears the $3,880 resistance…

Ethereum Price Is About To Confirm A Golden Cross On The Daily Time Frame, Here’s What Happened Last Time

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Este artículo también está disponible en español. Crypto analysts have revealed that the Ethereum price is about to confirm a golden cross on the daily time frame. This provides a bullish outlook for Ethereum, as it enjoyed a parabolic rally the last time this happened.  Ethereum Price To Confirm Golden Cross, What Next? In an X post, crypto analyst Tony Severino mentioned that the Ethereum price is heading to a golden cross this week. This golden cross occurs when a short-term moving average (MA), like the 50-day MA, crosses a…

Ethereum Price Dips, But Analysts Predict Explosive Surge to $15,000—Here’s Why

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Este artículo también está disponible en español. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced another downturn in its price. Following an earlier attempt at bullish momentum last week, Ethereum has dropped by 2.4% in the past 24 hours, trading at $3,577 at the time of writing. This decline puts Ethereum at a 26.8% decrease from its all-time high of $4,878, recorded in November 2021. Despite this, the network’s daily trading volume remains quite strong, registering $42.4 billion—a significant increase from late last month when volumes dipped below…

Ethereum Price Holds Steady, $4K Remains The Goal

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Este artículo también está disponible en español. Ethereum price is recovering higher from the $3,500 zone. ETH is showing bullish signs and might soon aim for a move above the $3,700 resistance zone. Ethereum remained in a positive zone and stayed above the $3,500 zone. The price is trading above $3,620 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $3,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could restart its increase if it clears…

Singapore’s dtcpay will drop Bitcoin and Ethereum in favor of stablecoins in 2025

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Singaporean digital payment provider dtcpay announced that it will exclusively support stablecoins for its payment services by 2025, dropping Bitcoin and Ethereum in the process. In a recent X post, dtcpay announced that it will begin to strategically shift its support to only accommodate stablecoins for all of its token payments services, starting January 2025. Following this transition, the Singaporean payment firm will no longer support payments for Bitcoin(BTC) and Ethereum(ETH) starting next year. Despite both BTC and ETH still maintaining their spots as the two largest cryptocurrencies by market…