On Wednesday, ahead of bitcoin’s thrilling leap to $100,000, U.S. spot bitcoin exchange-traded funds (ETFs) pulled in a hefty $556.82 million in new inflows. Not to be outdone, the nine U.S. spot ethereum ETFs saw a tidy $167.62 million flow their way during the same session. From Record Inflows to Six-Figure Bitcoin: Crypto ETFs Command […] Original
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…
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…
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…
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…
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…
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…
PRESS RELEASE. Three unique altcoins—Lunex Network (LNEX), Ethereum (ETH) and Uniswap (UNI)—are attracting huge investor attention with bullish price activities. While Ethereum’s (ETH) bullish surge points at a possible breakout to a new all-time high, Lunex Network’s innovative cross-chain capabilities promise to transform decentralized trading. Uniswap’s (UNI) spectacular climb of over 70% in just one […] Source
Este artículo también está disponible en español. Ethereum (ETH) now offers an attractive risk-reward ratio, according to analysts at research and brokerage firm Bernstein. Despite underperforming compared to other major cryptocurrencies like Bitcoin (BTC), Solana (SOL), and XRP for most of 2024, Ethereum’s strong fundamentals may set the stage for a potential rally. Why Is Ethereum Struggling? Bernstein Analysts Explain Ethereum, the second-largest cryptocurrency with a market cap exceeding $430 billion, may be on the verge of significant positive price action. Bernstein analysts suggest that ETH’s fundamentals remain strong despite…
Ethereum price is moving higher from the $3,550 zone. ETH is showing bullish signs and might soon aim for a move above the $3,680 resistance zone. Ethereum started a downside correction and retested the $3,550 zone. The price is trading above $3,600 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $3,650 on the hourly chart of ETH/USD (data feed via Kraken). The pair could restart its increase if it clears the $3,650 zone. Ethereum Price Eyes Fresh Upward Move Ethereum price…