Ethereum price is eyeing an upside break above the $2,440 resistance. ETH could rally like Bitcoin if there is a close above the $2,500 level. Ethereum is moving higher from the $2,250 support level. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend…
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Source: AdobeStock Ether (ETH), the native cryptocurrency of the layer-1 smart contract-enabled Ethereum blockchain, is pushing higher on the first day of 2024, up around 2% in the past 24 hours and trading in the mid-$2,300s, as per CoinMarketCap. In recent days, Ether has been able to hold to the north of its 21DMA, which…
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Another year, another Crypto Holiday special from our team at NewsBTC. In the coming week, we’ll be unpacking 2023, its downs and ups, to reveal what the next months could bring for crypto and DeFi investors. Like last year, we paid homage to Charles Dicke’s classic “A Christmas Carol” and gathered a group of experts…
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Ethereum price is correcting gains below the $2,350 zone. ETH could attempt a fresh increase unless there is a close below the $2,200 support. Ethereum is correcting gains and trading below the $2,350 level. The price is trading below $2,320 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with…
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In a candid evaluation of the current state of Web3, Ethereum co-founder Vitalik Buterin laments the fading vision of a decentralized internet. Buterin emphasizes the stifling effect of rising crypto transaction fees on innovation and broad-based usage of cryptocurrency. He points out the shift towards centralized solutions and the dominance of high-stake players, expressing concern…
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Ethereum price is correcting gains from the $2,440 zone. ETH is correcting gains, but the bulls might remain active near the $2,300 and $2,240 support levels. Ethereum is correcting gains and trading below the $2,400 level. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a bullish flag forming with…
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Another year, another Crypto Christmas special for our team at NewsBTC. In the coming week, we’ll be unpacking 2023, its downs and ups, to reveal what the next months could bring for crypto and DeFi investors. Related Reading: A Crypto Christmas Special With Jlabs Digital: Past, Present, And Future Like last year, we paid homage…
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Source: Pixabay The price of Ether (ETH), the cryptocurrency that powers the smart-contract-enabled layer-1 Ethereum blockchain protocol, has been pushing higher amid a favorable macro backdrop and as investors start looking ahead to the major upcoming “Dencun” upgrade that will add new data storage capacity to the network. ETH hit new highs for the year…
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Ethereum price is gaining pace above the $2,320 resistance zone. ETH is up over 5% and it seems like ETH is finally outperforming Bitcoin. Ethereum is gaining pace and trading above the $2,300 support zone. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming…
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Recent statistics reveal that in the last week, decentralized exchange (dex) platforms built on Solana have surpassed Ethereum in market performance. Data indicates that Solana-based dex platforms achieved a volume of $1.447 billion in the past day, overshadowing the $1.282 billion recorded by Ethereum trading platforms. Solana Surges Past Ethereum in Dex Volume Solana’s recent…
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