Tag Archives: ethusd

Ethereum Suffers 3rd Straight Weekly Outflows, Becomes 2024’s Worst Performer

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The digital asset market is experiencing a wave of investor caution, with Ethereum leading the charge. CoinShares reports show a third consecutive week of outflows, with Ether sustaining the biggest damage. This negative sentiment in the top altcoin, coupled with sluggish trading volumes and regional outflows across the market, paints a picture of a market… Continue reading Ethereum Suffers 3rd Straight Weekly Outflows, Becomes 2024’s Worst Performer→

Ethereum Price Undergoes Technical Correction: Can ETH Resume Higher?

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Ethereum price started a downside correction from the $3,520 zone. ETH is stable above $3,420 and might attempt another increase in the near term. Ethereum started a downside correction after it failed to surpass the $3,520 zone. The price is trading above $3,420 and the 100-hourly Simple Moving Average. There is a connecting bearish trend… Continue reading Ethereum Price Undergoes Technical Correction: Can ETH Resume Higher?→

Ethereum Goes Budget-Friendly: Transaction Fees Drop To Lowest Since 2016

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Ethereum, the world’s second-largest blockchain platform, has entered a new era marked by record-low transaction fees. This dramatic shift, the most significant since 2016, has sent ripples of excitement through the cryptocurrency community, raising hopes for increased adoption and a more accessible DeFi (Decentralized Finance) landscape. From Pricey To Penny-Pinching Previously, Ethereum’s notorious gas fees,… Continue reading Ethereum Goes Budget-Friendly: Transaction Fees Drop To Lowest Since 2016→

Ethereum Price Bounces Back Yet Lacks Strong Bullish Drive

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Ethereum price is attempting a fresh increase above the $3,450 resistance zone. ETH must settle above $3,550 to continue higher in the near term. Ethereum slowly moved higher above the $3,450 zone. The price is trading above $3,450 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with… Continue reading Ethereum Price Bounces Back Yet Lacks Strong Bullish Drive→

Ethereum ETF Dream On Hold: SEC Thumbs Down Applications (Again)

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Ethereum enthusiasts were cruising down the information superhighway towards a July 4th fireworks celebration of a different kind: the launch of the first spot Ethereum ETF. But in a move that worried investors, the US Securities and Exchange Commission threw a big wrench into the works, unexpectedly returning applicants’ proposals and delaying the much-anticipated debut.… Continue reading Ethereum ETF Dream On Hold: SEC Thumbs Down Applications (Again)→

Crypto Trader Says He’s ‘Extremely Long’ On Ethereum, Undeterred By Crash Below $3,400

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Crypto trader Duncan has explained why he is “extremely long” on Ethereum (ETH) despite the crypto token’s recent drop to around $3,400. He emphasized the Spot Ethereum ETFs, which he believes could spark a significant rally for ETH. A ‘Significant Upside Repricing’ Could Be On The Horizon ForTHEEthereum Duncan mentioned in an X (formerly Twitter)… Continue reading Crypto Trader Says He’s ‘Extremely Long’ On Ethereum, Undeterred By Crash Below $3,400→

Ethereum Price Hints at Upside: Analyzing The Bullish Signals

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Ethereum price is attempting a fresh increase above the $3,420 resistance zone. ETH is now struggling to clear the $3,480 and $3,520 resistance levels. Ethereum slowly moved higher above the $3,420 zone. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with… Continue reading Ethereum Price Hints at Upside: Analyzing The Bullish Signals→

Experts Bullish On Ethereum ETFs Launching July 4, Predicting Potential Surge Beyond $7,000

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As the highly anticipated launch of the first spot Ethereum ETFs in the United States nears, experts are predicting a significant price appreciation for the second-largest cryptocurrency in the market. Ethereum ETFs On The Horizon According to a recent Reuters report, the US Securities and Exchange Commission (SEC) could approve Ethereum ETFs as soon as… Continue reading Experts Bullish On Ethereum ETFs Launching July 4, Predicting Potential Surge Beyond $7,000→

Ethereum Price Roadblocks: What’s Hindering A Fresh Increase?

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Ethereum price struggled to recover above the $3,420 resistance zone. ETH is consolidating and might decline again if there is a move below $3,320. Ethereum is struggling to gain pace for a move above the $3,420 zone. The price is trading below $3,400 and the 100-hourly Simple Moving Average. There is a connecting bearish trend… Continue reading Ethereum Price Roadblocks: What’s Hindering A Fresh Increase?→

Ethereum Price Tied To BitMEX Whales: Quant Uncovers Link

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A quant has pointed out how the trends in the BitMEX exchange reserve have affected the Ethereum price during the past few years. BitMEX Ethereum Whales Have Shown Smart Money Behavior In Recent Years In a CryptoQuant Quicktake exchange reserve” here refers to an on-chain metric that keeps track of the total amount of Ethereum… Continue reading Ethereum Price Tied To BitMEX Whales: Quant Uncovers Link→