Tag Archives: Ethereum

Ethereum Burn Rate Hits Yearly Low: What This Means For ETH’s Future

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In recent weeks, Ethereum has displayed subtle signs of recovery amidst a generally bearish crypto market, with the altcoin mimicking Bitcoin’s modest uptrend. Despite Ethereum’s price increasing slightly by 0.2% over the last 24 hours, a parallel trend that might significantly affect Ethereum’s economic model has been unfolding beneath the surface. Decline In Network Activity… Continue reading Ethereum Burn Rate Hits Yearly Low: What This Means For ETH’s Future→

NEAR Price Rally: 9% Surge Recaptures Key Level, Records 160% TVL Growth In Q1

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Decentralized application (dApp) platform Near Protocol exhibited notable growth in key metrics during the first quarter (Q1) of 2024, driving its native token NEAR to reclaim a crucial key level and paving the way for a potential retest of its all-time high (ATH) from January 2022.  According to a recent report by Messari, NEAR experienced… Continue reading NEAR Price Rally: 9% Surge Recaptures Key Level, Records 160% TVL Growth In Q1→

Ethereum Price Reclaims 100 SMA But Bulls Still Lack Strength To Clear Hurdles

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Ethereum price started a recovery wave above the $3,000 zone. ETH is now above the 100-hourly simple moving average and facing hurdles. Ethereum found support at $2,820 and started a recovery wave. The price is trading above $3,100 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at… Continue reading Ethereum Price Reclaims 100 SMA But Bulls Still Lack Strength To Clear Hurdles→

Is Ethereum Back? Record 267,000 New Users Spark Speculation

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The winds of change are swirling around Ethereum, the world’s second-largest cryptocurrency. Despite a recent price dip, the network has witnessed a surge in new user activity, sparking a wave of optimism. However, the outsized influence of large holders, known as whales, continues to cast a long shadow. New Wallets Open For Business Data from… Continue reading Is Ethereum Back? Record 267,000 New Users Spark Speculation→

Ethereum Price Could Rally If It’s Able To Reclaims The 100 SMA

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Ethereum price started a recovery wave from the $2,820 zone. ETH is rising and now facing a major hurdle near the 100-hourly simple moving average. Ethereum found support at $2,820 and started a recovery wave. The price is trading below $3,050 and the 100-hourly Simple Moving Average. There was a break above a key bearish… Continue reading Ethereum Price Could Rally If It’s Able To Reclaims The 100 SMA→

Ethereum “Has Been A Major Disappointment”: Trader Weighs In On This Crypto Cycle

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This crypto cycle achieved some remarkable feats during Q1 2024, including the highest monthly and quarterly close in Bitcoin (BTC) history. However, BTC suffered a retrace that dragged Ethereum (ETH) and the rest of the crypto market down as the year’s second quarter started. Now that we are one month into Q2, the market faces… Continue reading Ethereum “Has Been A Major Disappointment”: Trader Weighs In On This Crypto Cycle→

Eclipse And Neon EVM Drive Solana-Ethereum Integration For Blockchain Interoperability

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Layer 2 (L2) blockchain Eclipse and developer-oriented bridge Neon EVM have formed a new collaboration to implement changes in the blockchain landscape, increasing interoperability and scalability with the integration of Ethereum (ETH) and Solana (SOL).  Aiming to combine the capabilities of both blockchains, Eclipse has consolidated the compatibility between the Ethereum Virtual Machine (EVM) and… Continue reading Eclipse And Neon EVM Drive Solana-Ethereum Integration For Blockchain Interoperability→

Ethereum “Has Been A Major Disappointment”: Trader Weights In On This Crypto Cycle

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This crypto cycle achieved some remarkable feats during Q1 2024, including the highest monthly and quarterly close in Bitcoin (BTC) history. However, BTC suffered a retrace that dragged Ethereum (ETH) and the rest of the crypto market down as the year’s second quarter started. Now that we are one month into Q2, the market faces… Continue reading Ethereum “Has Been A Major Disappointment”: Trader Weights In On This Crypto Cycle→

Ethereum Price Revisits Key Support, Can Bears Take Over?

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Ethereum price started another decline and traded below $2,920. ETH could gain bearish momentum if there is a close below the $2,800 support zone. Ethereum remained in a bearish zone and traded below the $2,900 zone. The price is trading below $2,950 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line… Continue reading Ethereum Price Revisits Key Support, Can Bears Take Over?→

Ethereum Price Plunges Over 5%, Can Bears Push ETH Under $2,800?

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Ethereum price started another decline and traded below $3,000. ETH must stay above the $2,800 and $2,850 support levels to avoid a major drop. Ethereum started another decline and tested the $2,900 zone. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance… Continue reading Ethereum Price Plunges Over 5%, Can Bears Push ETH Under $2,800?→