The crypto market is experiencing a pullback after Bitcoin, the leading cryptocurrency, reached a new all-time high. However, Ethereum (ETH) is not left out in this downward move. After setting a new yearly high of $4,094, the price of Ethereum has been moving downward and this has led to the price trading below the 100-day…
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The price of Ethereum has not exactly lived up to its promise as the month has gone on, despite a stellar start to the month. While this bearish pressure has been widespread in the general cryptocurrency market, regulation uncertainty has been an additional concern for ETH, igniting a negative sentiment around the “king of altcoins.”…
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Ethereum price is attempting a recovery wave above the $3,500 zone. ETH must clear the $3,580 resistance to continue higher in the near term. Ethereum started a decent recovery wave above the $3,350 zone. The price is trading above $3,450 and the 100-hourly Simple Moving Average. There was a break above a short-term bullish flag…
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Ethereum price started a recovery wave from the $3,050 zone. ETH is up over 10% and is now struggling to clear the $3,550 resistance zone. Ethereum started a decent recovery wave from the $3,050 zone. The price is trading above $3,350 and the 100-hourly Simple Moving Average. There was a break above a major bearish…
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The Ethereum Foundation has reportedly received a “voluntary enquiry from a state authority,” according to a note added to the group’s Github page. State Actors Have Contacted the Ethereum Foundation; SEC Reportedly Investigating On Wednesday, March 20, 2024, the crypto community discussed a message posted to the Ethereum Foundation’s Github repository which also features a…
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This week could mark a pivotal moment in the first quarter of 2024 for the entire crypto market and the two largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), as major central banks, led by the Bank of Japan and the US Federal Reserve (Fed), prepare to announce their interest rate decisions. According to crypto futures…
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Ethereum price extended its decline below $3,200. ETH is struggling and it seems like the bears are now aiming for a move toward the $3,000 support zone. Ethereum started a downside correction below the $3,350 zone. The price is trading below $3,350 and the 100-hourly Simple Moving Average. There is a major bearish trend line…
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The globe’s most substantial asset manager by assets under management, Blackrock, has submitted a form to the U.S. Securities and Exchange Commission (SEC) for the initiation of a tokenized investment fund. Additionally, the community has unearthed the development of a token named the “Blackrock USD Institutional Digital Liquidity Fund” or BUIDL on the Ethereum blockchain.…
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As reported by Fortune Magazine, the cryptocurrency market has been experiencing significant volatility as Bitcoin (BTC) has experienced a sharp decline that has had a domino impact on other cryptocurrencies. The recent drop in the price of Bitcoin, coupled with outflows from Grayscale’s GBTC, has raised concerns among investors. Bitcoin Sees 14% Correction From ATH…
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ETHFI, the governance token of the decentralized liquid staking protocol Ether.fi, debuted for $4.13 following its distribution through its airdrop on March 18. However, since the $210 million airdrop, the value of ETHFI has experienced a significant decline, plummeting over 35% to its current trading price of $3.05, according to CoinGecko data. ETHFI Airdrop Attracts…
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