Tag Archives: ETHUSDT

Ethereum Price Support Retest: Is a Double Bottom Pattern Emerging?

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Ethereum price declined again and retested the $3,365 support zone. ETH could start a fresh increase toward $3,700 if it stays above $3,365. Ethereum is still holding the key $3,365 support zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance near… Continue reading Ethereum Price Support Retest: Is a Double Bottom Pattern Emerging?→

ZkSync (ZK) Drops 20% Amid Binance Listing And New Token Distribution Program

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ZkSync, the Ethereum Zero-Knowledge Layer-2 scaling solution, has been in the spotlight for its new token. Last week, the project’s announcement of its ZK token airdrop was met with backlash from investors and the crypto community. Following the backlash, crypto exchange Binance announced it would list ZK and offered a new distribution program to address… Continue reading ZkSync (ZK) Drops 20% Amid Binance Listing And New Token Distribution Program→

Ethereum Foundation Moves $64.4 Million Worth Of ETH, Is This A Dump?

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The Ethereum (ETH) tokens. The non-profit organization’s Ethereum transactions are always significant, considering the impact they usually have on the second-largest crypto token.  Ethereum Foundation Transfers $64.4 Million Worth Of ETH Crypto journalist Colin Wu revealed in an X (formerly Twitter) post that a wallet (0x8e…D052) linked to the Ethereum Foundation transferred 18,089 ETH ($64.4… Continue reading Ethereum Foundation Moves $64.4 Million Worth Of ETH, Is This A Dump?→

Ethereum On The Rise and Outperforms Bitcoin: Signals Indicate Fresh Increase

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Ethereum price started a fresh increase from the $3,365 zone. ETH outperformed Bitcoin and might aim for a move toward the $3,800 resistance zone. Ethereum started a recovery after the bulls appeared near the $3,365 zone. The price is trading above $3,550 and the 100-hourly Simple Moving Average. There was a break above a key… Continue reading Ethereum On The Rise and Outperforms Bitcoin: Signals Indicate Fresh Increase→

Spot Ethereum ETFs Expected To Begin Trading On July 2, Can This Propel ETH To $10,000?

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Discussions around when the Spot Ethereum ETFs will likely begin trading have continued to heat up. This time, Bloomberg analyst Eric Balchunas and fellow Bloomberg analyst James Seyffart have shared an update on when they expect these funds to begin trading.  Spot Ethereum ETFs To Begin Trading By July 2 Balchunas stated in an X… Continue reading Spot Ethereum ETFs Expected To Begin Trading On July 2, Can This Propel ETH To $10,000?→

Ethereum HODLers Scoop 298,000 ETH In 24 Ahead Of Spot ETF Trading

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Ethereum is under pressure at press time, tumbling roughly 15% from March 2024. As sellers press on, reversing all gains posted from May 20, on-chain data points to a bullish picture. Ethereum HODLers Scoop 298,000 ETH In 24 Hours Taking to X, one analyst notes a spike in ETH demand, especially from permanent holders. Most… Continue reading Ethereum HODLers Scoop 298,000 ETH In 24 Ahead Of Spot ETF Trading→

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→

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→

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→