Ethereum To $4K Again? Analyst Predicts Bull Run As Key Metric Approaches Critical Level

Ethereum appears to have now seen a notable shift in its major metric. Particularly, a recent CryptoQuant analyst, Burak Kesmeci report, highlighted the potential significance of Ethereum’s current funding rates. The analyst pointed out that similar patterns in the past have been followed by substantial price increases, suggesting that Ethereum might be on the verge… Continue reading Ethereum To $4K Again? Analyst Predicts Bull Run As Key Metric Approaches Critical Level

Ethereum Price Consolidates: Is a Breakout to $2,500 on the Horizon?

Ethereum price is holding gains above the $2,300 level. ETH could gain bullish momentum if it clears the $2,380 resistance zone. Ethereum is showing positive signs but facing hurdles near $2,400. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $2,365 on… Continue reading Ethereum Price Consolidates: Is a Breakout to $2,500 on the Horizon?

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

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

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

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

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

Ethereum Price Eyes Bullish Momentum: Is a Breakout Imminent?

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?

Ethereum In 3 Months: Legendary Analyst Reveals Prediction For December

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?

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?

Analyst Predicts $4,000 Mid-Term Target for Ethereum, Declares End to ETH Correction

Ethereum (ETH) has been struggling with a significant downturn recently, leaving the asset deep in the red. Over the past week, Ethereum has recorded a 9.2% decline in value, reflecting broader market weakness. However, the past 24 hours have brought a slight change in momentum, with ETH seeing a 3.2% increase in price. Though this… Continue reading Analyst Predicts $4,000 Mid-Term Target for Ethereum, Declares End to ETH Correction

Crypto Investor Loses $16 Million Amid Friend.tech’s Controversy And Token Crash

Crypto social media platform Friend.tech faced backlash after a controversial decision by its team. The platform’s native token, FRIEND, plummeted over 42%, reaching its all-time low (ATL) price amid the controversy. As a result, an Ethereum (ETH) whale saw its investment in the token drop by over 95%. Friend.tech Loses Investors’ Trust Over the weekend,… Continue reading Crypto Investor Loses $16 Million Amid Friend.tech’s Controversy And Token Crash