Ethereum Price Retests $2,350: Is a Bounce In The Cards?

Ethereum price extended losses and tested the $2,350 support. ETH is now consolidating and might aim for a fresh increase above the $2,400 resistance. Ethereum started a downside correction below the $2,400 zone. The price is trading just above $2,420 and the 100-hourly Simple Moving Average. There was a break below a short-term rising channel… Continue reading Ethereum Price Retests $2,350: Is a Bounce In The Cards?

Bitcoin ETF Inflows Jump To $235 Million – Is The Bull Market Heating Up?

Bitcoin’s exchange-traded funds (ETFs) are once again generating headlines due to an extraordinary increase in inflows. An investment of $235.2 million in Bitcoin ETFs occurred on October 8, indicating a substantial increase in investor appetite. This surge, based on data from Farside Investors, follows a relatively uneventful beginning to the month, but it indicates a… Continue reading Bitcoin ETF Inflows Jump To $235 Million – Is The Bull Market Heating Up?

$6 Million ETH Sale: Ethereum Foundation Joins Whale Liquidation Frenzy

The Ethereum Foundation was at the center of attention recently concerning a liquidation plan it has set in place to sell parts of its Ether balance. According to the on-chain tracker Lookonchain, a wallet linked to the foundation moved 2,500 ETH, valued around $6 million, to the exchange Bitstamp on October 8, 2024. This is… Continue reading $6 Million ETH Sale: Ethereum Foundation Joins Whale Liquidation Frenzy

Standard Chartered Analysts Says Ethereum Price Will Reach $10,000 If This Happens

Analysts at British multinational bank, Standard Chartered have predicted that the price of Ethereum (ETH) could potentially climb to $10,000 in response to the anticipated political changes set to take place following the upcoming United States (US) Presidential elections. Standard Chartered Predicts Ethereum To $10,000 In a research note by the head of Standard Chartered… Continue reading Standard Chartered Analysts Says Ethereum Price Will Reach $10,000 If This Happens

ETH’s Fate Hinges On $2,300: Will Ethereum Soar To $6,000 Or Dive To $1,600?

Ethereum (ETH) has seen significant volatility in recent weeks, dropping from a one-month high of nearly $2,730 at the end of September to around $2,400, raising concerns about the medium-term price sustainability of the second-largest cryptocurrency by market capitalization. Ethereum Rally To $6,000 If $2,300 Support Holds Ethereum has fallen 7% in the past two… Continue reading ETH’s Fate Hinges On $2,300: Will Ethereum Soar To $6,000 Or Dive To $1,600?

Ethereum Price at Support: Will It Bounce or Break?

Ethereum price corrected gains and tested the $2,400 support. ETH is now consolidating and might aim for a fresh increase above the $2,465 resistance. Ethereum started a downside correction below the $2,500 zone. The price is trading just above $2,430 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support… Continue reading Ethereum Price at Support: Will It Bounce or Break?

Injective Generated More Revenue Than BNB Chain, Avalanche In Q3 2024, Next $50?

Injective Protocol, a DeFi-centric platform using Cosmos tech, is gaining traction, looking at the gas fee revenue distributed to its validators in Q3 2024. While INJ, the native currency of the protocol, is under pressure, cooling off after rallying to as high as $52 early this year, the recent development is a huge confidence boost.… Continue reading Injective Generated More Revenue Than BNB Chain, Avalanche In Q3 2024, Next $50?

Ethereum Proposal EIP-7781 Promises Network Performance Boost – Here’s What To Expect

Ethereum Improvement Proposal (EIP) 7781 aims to reduce Ethereum network slot times, expand blob capacity, enhance decentralized exchange (DEX) performance, and lower gas fees.  What Is Ethereum Improvement Proposal – 7781?  EIP-7781 has garnered attention from the Ethereum (ETH) community due to its potential impact on the smart contract platform. Proposed by Ben Adams, co-founder… Continue reading Ethereum Proposal EIP-7781 Promises Network Performance Boost – Here’s What To Expect

Ethereum Price Dips Again: Is This a Buying Opportunity?

Ethereum price extended its increase above the $2,500 zone. ETH is now correcting gains and might find support near the $2,400 zone. Ethereum started a downside correction from the $2,520 zone. The price is trading below $2,450 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support… Continue reading Ethereum Price Dips Again: Is This a Buying Opportunity?

BlackRock Declares Bitcoin The New ‘Gold Alternative’ – Here’s Why

BlackRock’s stance on cryptocurrencies—especially Bitcoin and Ethereum—has lately made headlines. While Ethereum is considered as a “technology bet,” the investment behemoth sees Bitcoin as a “gold alternative.” This point of view captures a major change in the way conventional finance is starting to welcome digital assets. The company’s findings show that people are becoming more… Continue reading BlackRock Declares Bitcoin The New ‘Gold Alternative’ – Here’s Why