3 Reasons Why Ethereum Is Struggling Today: Will ETH Break $2,000?

Even after the welcomed recovery on August 6, Ethereum is under immense selling pressure today, August 7. Despite gains earlier today, losses saw the coin edge lower, as visible in the daily chart. The daily chart rejected the coin at around the $3,500 resistance level. At this pace, Ethereum could continue plummeting if bears step… Continue reading 3 Reasons Why Ethereum Is Struggling Today: Will ETH Break $2,000?

Ethereum On The Move: Dormant ETH Wallets Linked To $4 Billion Scam Awaken

On Wednesday, online reports unveiled that hundreds of Ethereum wallets that had been dormant for over 3 years were moving large amounts of ETH. The wallets were believed to have moved $2 billion worth of ETH linked to a $4 billion crypto scam. Investors worried that another massive dump would affect the market’s recovery. However,… Continue reading Ethereum On The Move: Dormant ETH Wallets Linked To $4 Billion Scam Awaken

Ethereum Price Shows Weakness: Can It Overcome The Struggles?

Ethereum price failed to continue higher above the $2,550 resistance zone. ETH is now consolidating near $2,450 and showing a few bearish signs. Ethereum started a recovery wave above the $2,400 and $2,420 levels. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend… Continue reading Ethereum Price Shows Weakness: Can It Overcome The Struggles?

BlackRock Plans Ethereum ETF Options, Files With SEC

In a notable development, BlackRock, one of the world’s largest asset managers and ETF issuers, has collaborated with the Nasdaq Stock Market in a move to introduce options for its Ethereum ETF recently approved by US regulators.  2025 Decision On Ethereum ETF Options Proposal The filing with the US Securities and Exchange Commission (SEC) outlines… Continue reading BlackRock Plans Ethereum ETF Options, Files With SEC

Ethereum Price Poised to Climb Higher: What’s Next for ETH?

Ethereum price started a recovery wave above the $2,350 resistance zone. ETH could gain bullish momentum if it clears the $2,680 resistance zone. Ethereum started a recovery wave above the $2,350 and $2,420 levels. The price is trading below $2,640 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with… Continue reading Ethereum Price Poised to Climb Higher: What’s Next for ETH?

Buying The Ethereum Dip? New Address Tied To Crypto Mogul Justin Sun Purchases 16,000 ETH

The cryptocurrency market has been rocked by a seismic sell-off over the past 24 hours, with the two largest digital assets, Bitcoin (BTC) and Ethereum (ETH), plummeting over 20% in value. At the epicenter of the chaos is one of the industry’s biggest names – Justin Sun, the founder of the TRON blockchain. On-chain data… Continue reading Buying The Ethereum Dip? New Address Tied To Crypto Mogul Justin Sun Purchases 16,000 ETH

Ethereum Price Rebounds to $2,500: Is There More Room to Climb?

Ethereum price started a recovery wave from the $1,910 zone. ETH is up over 10% and is now consolidating near the $2,500 zone. Ethereum started a recovery wave above the $2,250 and $2,400 levels. The price is trading below $2,650 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend… Continue reading Ethereum Price Rebounds to $2,500: Is There More Room to Climb?

Ethereum Price Crashes Over 20%: Market Reacts to Major Sell-Off

Ethereum price nosedived after it settled below $3,000. ETH is down over 20% and it is now attempting to recover from the $2,000 zone. Ethereum started a major decline below the $2,800 and $2,650 levels. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming… Continue reading Ethereum Price Crashes Over 20%: Market Reacts to Major Sell-Off

Ethereum Price Under Pressure: Here’s Why $3,000 Is A Critical Level

The Ethereum price has been under intense bearish pressure over the past few weeks, continuing in a downward spiral over the last seven-day period. This horrid run of form has persisted despite the recent launch of spot ETH ETFs. According to recent on-chain data, the price of the altcoin seems to be approaching a significant… Continue reading Ethereum Price Under Pressure: Here’s Why $3,000 Is A Critical Level

Cardano Goes Toe-To-Toe With Ethereum As Whales Scoop Up 120 Million ADA

Cardano (ADA) is currently competing with Ethereum in terms of large transaction volume. This is undoubtedly a positive development for the ADA ecosystem, especially since it indicates a wave of accumulation among the token’s large holders.  Cardano Matches Ethereum In Large Transaction Volume Ethereum witnessed a large transaction volume of $6.71 billion.  This development suggests… Continue reading Cardano Goes Toe-To-Toe With Ethereum As Whales Scoop Up 120 Million ADA