Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently seen its price fall below the 4-hour Simple Moving Average (SMA). This technical development is noteworthy for traders and investors, as the 4-hour SMA is often used to gauge short-term market momentum. When a cryptocurrency’s price drops below this moving average, it can signal a…
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Kaiko, a prominent player in the crypto data sector, has announced a strategic partnership with Gemini Foundation, the derivatives trading platform of the cryptocurrency exchange, Gemini. This collaboration will see Gemini Foundation utilizing Kaiko’s Benchmark Reference Rates to power its derivatives platform. The partnership aims to enhance the stability and security of Gemini’s platform by…
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Ethereum, the world’s second-largest cryptocurrency, is poised for a meteoric rise, according to a new analysis by VanEck, a leading asset management firm. The report predicts that Ethereum could reach a valuation of $2.2 trillion by 2030, translating to a price of around $22,000 per coin. This ambitious prediction hinges on Ethereum’s dominance in the…
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Ethereum price started a downside correction from the $3,885 resistance zone. ETH is now back below $3,800 and might continue to slide toward $3,720. Ethereum started a pullback after it failed to clear the $3,880 resistance. The price is trading below $3,840 and the 100-hourly Simple Moving Average. There was a break below a key…
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Ethereum price is slowly moving higher above the $3,800 resistance zone. ETH could gain bullish momentum if it clears the $3,880 and $3,920 resistance levels. Ethereum is holding gains above the $3,800 level. The price is trading above $3,840 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support…
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Tether’s CEO Paolo Ardoino has alerted the crypto space to another wave of supply chain email scams in an X post. The CEO urged the community to exercise extreme caution while the issue is resolved. Exciting News: It’s A Scam! On Wednesday, online reports surfaced of suspicious emails being sent to the crypto community. Per…
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Despite the relative tepid movement in the crypto market since Bitcoin hit a new all-time high (ATH) in March, Bitcoin, Ethereum, and Solana have continued to top traditional assets, including Gold. This was highlighted in a recent report that showed how crypto assets have provided the best returns for a while now. Bitcoin, Ethereum, And…
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Ethereum price is struggling to clear the $3,840 resistance zone. ETH could gain bullish momentum if it clears the $3,840 and $3,880 resistance levels. Ethereum is holding gains above the $3,720 level. The price is trading above $3,750 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support near…
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Ethereum (ETH) saw a significant upswing at the end of May due to the rumors of a spot ETH ETF (Exchange-Traded Funds) approval in the US. This bullish momentum propelled the token’s price from the $3,000 price range to the $3,900 mark. After the approval, the second-largest cryptocurrency has shown a strong performance, consolidating between…
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Ethereum price is showing a few bearish signs below the $3,840 support. ETH could gain bearish momentum if there is a clear move below $3,700. Ethereum extended its decline and tested the $3,700 zone. The price is trading below $3,840 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend…
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