Ethereum is in the process of forming a bullish “cup and handle” pattern that could lead to a new rally for the second largest cryptocurrency by market cap. Trading at $2,552.46 as of this writing, up 1.69% in the last 24 hours. Market analysts are watching this repeated price pattern...
On-chain ether’s proved pretty resilient, holding first support around the $2,500 mark, amid last week’s ETH ETF outflows and evolving institutional flows. In the last 24 hours, the digital currency traded between $2,499.39 and $2,580.53. It rose to $2,5403 on June 14, or a drop of 0.88%.Ether, meanwhile, has pulled...
Currently, Ethereum sits a crucial juncture in its price action. For now, the $2,600 figure has emerged as an important resistance level for the cryptocurrency. Market analysts are intently watching to see if Ethereum has got what it takes to overcome this resistance level and continue fueling its bullish trend....
BTC/USD is still hovering around the $105,000 threshold over the last day. It has proved its own fortitude at this alt since the early part of last week. Despite this stability, concerns linger about a potential market correction, especially given the crashes experienced by Bitcoin, Ethereum, and XRP just two...
Ethereum was trading at $2,508 on June 14 and was down 0.88% in the past 24 hours. Nonetheless, in spite of this slump, Ethereum has largely held above the key $2,500 support level. The asset held very steady during that time frame, despite pulling back from local tops around $2,870.According...
Ethereum chalked up a significant comeback, overcoming the $2,800 resistance level which it has been struggling to overcome for months. This most recent increase represents a critical breakthrough for the cryptocurrency. It commanded a 10% market share for the first time since 2020. This shows a strong emerging trend for...
We’re excited to announce that the Ethereum Foundation is supporting Roman Storm, a developer associated with the controversial crypto mixer Tornado Cash. This backing follows his conviction on multiple counts of money laundering. This decision follows the recent sentencing of another Tornado Cash coder, Alexey Pertsev. It does show how...
Etherealize recently published our Ethereum long-term valuation report that estimates Ethereum’s long-term valuation at $89 trillion. This forecast represents a potential future value of the crypto asset of more than $740,000 per BTC. This bullish forecast takes for granted that Ethereum deserves every bit of the swagger of a global...
Ethereum has officially completed one of the most ambitious global experiments in history. The combined ETH locked into its Proof-of-Stake (PoS) system has recently reached an all-time record. Currently, 34.6 million ETH worth just under $90 billion are staked — a sign of growing confidence in the Ethereum network. A...
SmartLink, a B2B sports betting technology firm, has attracted attention with its colorful headlines. They strategically bought 176,271 ETH ($462.95 million + fees) around June 13 during the current crypto bloodbath. It’s hard to deny this $300 million+ acquisition is a verification of Ethereum by a massive corporation. SharpLink’s acquisition...
