Tag Archives: Ethereum

Ethereum Price Aims for Key Upside: Can Bulls Push Past $2,400?

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Ethereum price is again rising and trading above $2,320. ETH must clear the $2,400 resistance to gain bullish momentum in the near term. Ethereum is attempting a recovery wave above the $2,320 zone. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There was a break above a short-term declining channel with… Continue reading Ethereum Price Aims for Key Upside: Can Bulls Push Past $2,400?→

11% Of Bitcoin Supply In Coinbase’s Hands: Analyzing The Potential Risks

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A recent report by The Defiant reveals that Coinbase holds a substantial 11% of the total Bitcoin supply, amounting to approximately 2.275 million BTC worth around $129 billion.  As the fourth-largest cryptocurrency exchange globally, Coinbase commands significant trading volume—$1.5 billion in 24-hour transactions and 34 million monthly users—and acts as a custodian for major corporations,… Continue reading 11% Of Bitcoin Supply In Coinbase’s Hands: Analyzing The Potential Risks→

Polygon Processes Over $214 Billion In DEX Volume As Adoption Explodes, Why Is POL Struggling?

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Polygon, the Ethereum sidechain, recently upgraded, kickstarting their migration into a new era of scaling as highlighted by their Polygon 2.0 mission. Even though POL prices are still struggling, on-chain data points to a robust ecosystem that could support prices in the medium to long term. Over $214 Billion In DEX Volume Processed Via Polygon… Continue reading Polygon Processes Over $214 Billion In DEX Volume As Adoption Explodes, Why Is POL Struggling?→

Bullish Signals Emerge For Ethereum: Price Rises Above Downward Trendline And Key MA Levels

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The cryptocurrency market is showing tentative signs of recovery, with leading assets like Ethereum (ETH) making modest gains in the past 24-hours. Following a sharp decline that saw ETH’s price plummet to $2,154 last Friday, the digital asset is now nearing the $2,400 mark, sparking optimism among investors. Signs Of An Imminent Breakout To The… Continue reading Bullish Signals Emerge For Ethereum: Price Rises Above Downward Trendline And Key MA Levels→

Altcoins About To Take Over? Analyst Suggests Time To Accumulate Will End Soon

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With only a few weeks before Q4 begins, investors and market watchers remain vigilant of the market’s performance. Many expect the next quarter will kickstart the rally’s second leg up, suggesting that most altcoins will explode in the coming months. Several analysts are bullish about the upcoming performances, hinting that the time to accumulate these… Continue reading Altcoins About To Take Over? Analyst Suggests Time To Accumulate Will End Soon→

Ethereum Price Eyes Bullish Momentum: Is a Breakout Imminent?

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Ethereum price is attempting a fresh increase wave above $2,300. ETH might gain bullish momentum if it clears the $2,400 resistance zone. Ethereum is attempting a recovery wave above the $2,300 zone. The price is trading above $2,330 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at… Continue reading Ethereum Price Eyes Bullish Momentum: Is a Breakout Imminent?→

Will Polkadot Accept This Major Request From A RWA Platform? DOT Down 65%

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Centrifuge, a real-world asset (RWA) solution and a Parachain, has a plan for Polkadot, a smart contracts platform. In a proposal, the RWA platform suggests that the newly created Polkadot Community Foundation allocates $3 million USDC to their T-Bill pool. This pool is held within the Anemoy Liquid Treasury Fund and aims to serve multiple… Continue reading Will Polkadot Accept This Major Request From A RWA Platform? DOT Down 65%→

Ethereum In 3 Months: Legendary Analyst Reveals Prediction For December

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Much like Bitcoin (BTC), the price of Ethereum (ETH) has been trading significantly sideways lately. Due to this downtrend, a legendary crypto analyst has offered some insights into Ethereum’s price movements, predicting that in the next three months, the pioneer altcoin could see its price hit a bottom.  Ethereum To Hit Price Bottom By December… Continue reading Ethereum In 3 Months: Legendary Analyst Reveals Prediction For December→

Ethereum Sees Massive Outflows from Derivatives: What Does This Mean For ETH?

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Ethereum, the second-largest cryptocurrency by market capitalization, has been experiencing noteworthy movements in its derivatives markets. Particularly, according to a recent analysis by a CryptoQuant analyst known as ‘Heisenberg,’ the netflow of Ethereum on derivative exchanges has seen a significant negative shift, exceeding 40,000 ETH. Ethereum Derivative Market Outflow: What It Means For ETH Heisenberg… Continue reading Ethereum Sees Massive Outflows from Derivatives: What Does This Mean For ETH?→

Ethereum Bullish Signal: Adoption Hits Four-Month High Rate

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On-chain data shows the Ethereum adoption rate has hit a four-month high, which could be bullish for the cryptocurrency’s price. Ethereum Network Growth Has Shot Up Recently According to data from the on-chain analytics firm new addresses appearing on the network daily. Naturally, an address is considered to have been used when it made its… Continue reading Ethereum Bullish Signal: Adoption Hits Four-Month High Rate→