Tag Archives: Ethereum

Ethereum Withdrawals From Coinbase Top $1.2 Billion, What’s Going On?

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Ethereum has seen a number of notable withdrawals that suggests that crypto whales are expecting a recovery in price. These large withdrawals has caused the ETH balances on centralized exchanges to fall to their lowest level since 2016. 336,000 ETH Withdrawn From Exchanges Crypto analyst Ash Crypto took to X (formerly Twitter) to ETH that… Continue reading Ethereum Withdrawals From Coinbase Top $1.2 Billion, What’s Going On?→

Ethereum Price Decline: Market Indicators Point to More Dips

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Ethereum price struggled to clear the $3,650 resistance. ETH started another decline and there is now a risk of more dips below the $3,420 support. Ethereum started a fresh decline below the $3,550 support zone. The price is trading below $3,540 and the 100-hourly Simple Moving Average. There is a crucial bearish trend line forming… Continue reading Ethereum Price Decline: Market Indicators Point to More Dips→

Lido (LDO) Poised For Explosive Surge To $17, Expert Forecasts ‘Massive Breakout’

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Lido Finance, the liquid staking protocol for the Ethereum (ETH) network, has experienced significant price declines over the past two weeks, largely influenced by the market’s downtrend and the lack of bullish momentum. However, a notable breakout could be in the making for the protocol’s native token, LDO, despite negative financial metrics.  Lido And Mellow Finance’s… Continue reading Lido (LDO) Poised For Explosive Surge To $17, Expert Forecasts ‘Massive Breakout’→

Ethereum Longs Crushed! Who Got Burned In The $62 Million Fire Sale?

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Ethereum (ETH) bulls got a taste of fire on June 11th as the altcoin’s derivatives market witnessed a dramatic surge in long liquidations. According to data from Coinglass, this event marked the highest level of long liquidations since May 23rd, signifying a significant correction for traders who bet on rising prices. Crimson Chart: Long Positions… Continue reading Ethereum Longs Crushed! Who Got Burned In The $62 Million Fire Sale?→

Ethereum Price Slippery Slope: More Downside Risks in Sight

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Ethereum price failed to clear the $3,650 resistance. ETH declined again after the Fed decision and now shows bearish signs below the $3,550 level. Ethereum started a fresh decline below the $3,580 support zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with… Continue reading Ethereum Price Slippery Slope: More Downside Risks in Sight→

Is The Crypto Surge Over? Bitcoin Stalls At $72,000 As Investor Enthusiasm Wanes

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Recent reports from CryptoQuant analysts on the QuickTake platform highlight a notable decline in market sentiment across Bitcoin and altcoin investors. According to Crypto Dan, a leading analyst at CryptoQuant, “After Bitcoin’s recent failure to breach the $72,000 mark, there is a noticeable cooling off of investor enthusiasm.” Bitcoin Slump In Activity Signals Market Adjustment… Continue reading Is The Crypto Surge Over? Bitcoin Stalls At $72,000 As Investor Enthusiasm Wanes→

Optimism Activates Fault-Proofs On Mainnet, OP Is Down 55% In 3 Months

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In a major milestone for Ethereum and layer-2s, Optimism, a layer-2 scaling platform for the second most valuable network, has announced the activation of open source and permissionless fault proofs. Even though the platform manages over $7 billion of assets, according to L2Beat, Optimism, like most optimistic rollups, lacked a way of trustlessly verifying transactions.… Continue reading Optimism Activates Fault-Proofs On Mainnet, OP Is Down 55% In 3 Months→

Bullish News: Top Analyst Forecasts Altcoin Bottom Today, Market Poised For Upswing – Here’s Why

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In a recent social media post, renowned crypto analyst Michael Van de Poppe shared his predictions regarding the potential bottoming out of the altcoin market.  Van de Poppe emphasized the significance of key economic data and the upcoming interest rate decisions from the Federal Open Market Committee (FOMC), highlighting their potential impact on the crypto… Continue reading Bullish News: Top Analyst Forecasts Altcoin Bottom Today, Market Poised For Upswing – Here’s Why→

NFT Prices Tumble As Crypto Investors Place Big Bets On Bitcoin And Ethereum ETFs

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In a market dominated by optimism surrounding the price spikes of Bitcoin (BTC) and Ethereum (ETH), the non-fungible token (NFT) market has seen a decline in popularity. NFTs, which include digital artwork and collectibles recorded on blockchains, have recently experienced a notable loss of appeal.  According to a Bloomberg report, Google searches for NFTs have… Continue reading NFT Prices Tumble As Crypto Investors Place Big Bets On Bitcoin And Ethereum ETFs→

Ethereum Price Slips: Slow Descent as Market Pressure Mounts

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Ethereum price failed to recover above the $3,650 resistance. ETH declined again below the $3,550 level and now shows bearish signs below $3,600. Ethereum started a fresh decline below the $3,550 support zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance… Continue reading Ethereum Price Slips: Slow Descent as Market Pressure Mounts→