ETH price Ethereum, the second-largest cryptocurrency by market capitalization, is giving strong bullish signals for a wider price breakout. Technical indicators and on-chain data corroborate ETH’s bullish potential. With the level of growing institutional interest, a test of resistance levels just above $3,200 seems right around the corner. BlockOpulent.com explores...
Bit Digital has quickly become an upstart, generating huge excitement in the cryptocurrency sector. Most recently, they’ve taken a big step to increase their investment in Ethereum, in turn making a smart pivot towards the flexibility and programmability that Ethereum offers to the booming decentralized finance (DeFi) sector. The company’s...
Ethereum (ETH), meanwhile, has shown even more bullish movement in the first full week of July, soaring from $2,403.98 to over $2,625. At the same time, this increase marks a 5% increase in the last week. Civic analysts believe this is just the start of a much larger rally, possibly...
The crypto market is buzzing again. Cardano and Ethereum are two that are at the forefront, with both recently having a remarkable 30% price increase. The common narrative? Increased development activity. To tell the truth, their approach is unnecessary. Are we actually peering inside the engine, or have we just...
In financial markets, stormy weather characterized by falling inflation, persistent central bank hawkishness and new geopolitical tensions. Despite all these challenges, Bitcoin (BTC) and Ethereum (ETH) continue to prove their resilience. As you probably guessed, both cryptocurrencies have gone on to completely contradict what traditional financial logic expected. Bitcoin has...
As we all know, the crypto market is a bit of a wild animal, prone to over-react to news/events with irrational exuberance (or despair). Look how easily altcoin prices pumped under the weight of assertions of an Israel/Iran ceasefire! It was former U.S. President Donald Trump who first made this...
Bitcoin just recently soared over the $110,000, bringing much excitement and enthusiasm to the crypto world. Investors and analysts are left now once again scrambling to identify the secret sauce behind this year’s remarkable rally. BlockOpulent.com is your guide to making sense of the boom, understanding the market landscape and...
Ethereum is taking the cryptocurrency world by storm. Its unbelievable rocket-like rise has definitely piqued the interests of both long term investors and day traders alike. In fact, over the past week Ethereum (ETH) has increased by more than 40%, far outpacing Bitcoin (BTC) BTC’s relatively small 10% increase. This...
Shiba Inu price has made a significant rally over the past week, drawing interest from both retail investors and crypto analysts. The meme coin is using a future price of $0.0001. Reaching that lofty goal would take an unrealistic 505% jump from its current estimated value. This ambitious target certainly...
Ethereum has been showing clear bullish strength in the last days, breaking above its realized price at $1,900. This level is important since it indicates that we have surpassed the average purchase price of all Ethereum coins in circulation. Because of low transaction activity, long-term holders have been reaping the...
