Tag Archives: Ethereum

Is Ethereum Poised For A Record Break? Top Analyst Says $5K is Coming Soon – Here’s Why

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Prominent crypto analyst Jelle has projected Ethereum (ETH) to surge to $5,000 by the end of this year. This prediction comes with a notable reason from a technical perspective. Ethereum Rally: Setting the Stage For New Peaks Jelle’s forecast comes after Ethereum is experiencing a form of stabilization above the $3,500 mark, following a correction… Continue reading Is Ethereum Poised For A Record Break? Top Analyst Says $5K is Coming Soon – Here’s Why→

Ethereum Price Support Retest: Is a Double Bottom Pattern Emerging?

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Ethereum price declined again and retested the $3,365 support zone. ETH could start a fresh increase toward $3,700 if it stays above $3,365. Ethereum is still holding the key $3,365 support zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance near… Continue reading Ethereum Price Support Retest: Is a Double Bottom Pattern Emerging?→

Toncoin (TON) Hits New ATH, Is $10 The Next Stop?

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Toncoin (TON), the native token of The Open Network, has had one of the best performances this cycle. The token has hit a new all-time high (ATH) twice this Friday and flipped Ethereum’s active users this week. Market watchers believe this breakout and recent performance could set the stage for a rally toward the $10… Continue reading Toncoin (TON) Hits New ATH, Is $10 The Next Stop?→

ZkSync (ZK) Drops 20% Amid Binance Listing And New Token Distribution Program

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ZkSync, the Ethereum Zero-Knowledge Layer-2 scaling solution, has been in the spotlight for its new token. Last week, the project’s announcement of its ZK token airdrop was met with backlash from investors and the crypto community. Following the backlash, crypto exchange Binance announced it would list ZK and offered a new distribution program to address… Continue reading ZkSync (ZK) Drops 20% Amid Binance Listing And New Token Distribution Program→

CoinShares: Altcoins Defy Trends As Bitcoin Faces $600M in Outflows – What’s Next?

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The Bitcoin market has witnessed significant shifts recently, influenced by macroeconomic factors and changing investor sentiments. Last week, digital asset investment products saw substantial outflows, which CoinShares attributed to several key economic updates. These included the release of US CPI data, the Federal Open Market Committee (FOMC) meeting, and Producer Price Index (PPI) figures. These… Continue reading CoinShares: Altcoins Defy Trends As Bitcoin Faces $600M in Outflows – What’s Next?→

Ethereum Foundation Moves $64.4 Million Worth Of ETH, Is This A Dump?

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The Ethereum (ETH) tokens. The non-profit organization’s Ethereum transactions are always significant, considering the impact they usually have on the second-largest crypto token.  Ethereum Foundation Transfers $64.4 Million Worth Of ETH Crypto journalist Colin Wu revealed in an X (formerly Twitter) post that a wallet (0x8e…D052) linked to the Ethereum Foundation transferred 18,089 ETH ($64.4… Continue reading Ethereum Foundation Moves $64.4 Million Worth Of ETH, Is This A Dump?→

Ethereum On The Rise and Outperforms Bitcoin: Signals Indicate Fresh Increase

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Ethereum price started a fresh increase from the $3,365 zone. ETH outperformed Bitcoin and might aim for a move toward the $3,800 resistance zone. Ethereum started a recovery after the bulls appeared near the $3,365 zone. The price is trading above $3,550 and the 100-hourly Simple Moving Average. There was a break above a key… Continue reading Ethereum On The Rise and Outperforms Bitcoin: Signals Indicate Fresh Increase→

Ethereum: 200,000 ETH Options Expiry Spurs Demand – How Far Can Price Go?

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Investors are bullish on Ethereum as the industry awaits the launch of Spot Ethereum ETFs. This sentiment is relayed through the recent expiration of Ethereum options contracts and the put-call ratio. According to data, over 200,000 ETH options recently expired, and the crypto community eagerly awaits the direction of the Ethereum price. Notably, the majority… Continue reading Ethereum: 200,000 ETH Options Expiry Spurs Demand – How Far Can Price Go?→

Spot Ethereum ETFs Expected To Begin Trading On July 2, Can This Propel ETH To $10,000?

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Discussions around when the Spot Ethereum ETFs will likely begin trading have continued to heat up. This time, Bloomberg analyst Eric Balchunas and fellow Bloomberg analyst James Seyffart have shared an update on when they expect these funds to begin trading.  Spot Ethereum ETFs To Begin Trading By July 2 Balchunas stated in an X… Continue reading Spot Ethereum ETFs Expected To Begin Trading On July 2, Can This Propel ETH To $10,000?→

Ethereum HODLers Scoop 298,000 ETH In 24 Ahead Of Spot ETF Trading

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Ethereum is under pressure at press time, tumbling roughly 15% from March 2024. As sellers press on, reversing all gains posted from May 20, on-chain data points to a bullish picture. Ethereum HODLers Scoop 298,000 ETH In 24 Hours Taking to X, one analyst notes a spike in ETH demand, especially from permanent holders. Most… Continue reading Ethereum HODLers Scoop 298,000 ETH In 24 Ahead Of Spot ETF Trading→