Tag: ETH

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Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound on Saturday, as Markets Consolidate Following Recent Decline 

Bitcoin was back in the green to start the weekend, after bulls rejected a breakout below $29,000 during Friday’s session. The cryptocurrency continues to hover around a key support level, without either bulls or bears taking control. Ethereum was also marginally higher. Bitcoin Bitcoin (BTC) returned to the green on Saturday, as traders of the…
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San Francisco’s SoFi Bank Reveals Significant Holdings In BTC, ETH, And DOGE

San Francisco’s SoFi Bank, a rising financial institution with 6.2 million customers, has unveiled its substantial cryptocurrency holdings, demonstrating a proactive embrace of the evolving digital asset landscape.  BTC, ETH, and DOGE Lead the Way A recent report shows that the bank’s second-quarter earnings totaled $170 million in various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH),…
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Ethereum Price Could See Downside Thrust Before Fresh Increase

Ethereum price is correcting gains from the $1,880 zone against the US Dollar. ETH could spike toward $1,820 before the bulls attempt a fresh increase. Ethereum is moving lower from the $1,875 and $1,880 resistance levels. The price is trading below $1,850 and the 100-hourly Simple Moving Average. There is a bullish flag pattern forming…
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Shanghai Upgrade Drives 25% Boost In ETH Staking Activity

The Shanghai upgrade was one of the most anticipated blockchain events of 2023, expected to introduce a higher level of speed and scalability to the Ethereum network. However, the most important feature of the Shanghai upgrade was allowing validators and stakers to finally withdraw their staked ETH from the Ethereum Beacon Chain. To explain, the…
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Singapore Red Cross Says It Now Accepts Crypto Donations

Well-wishers who want to financially support the Singapore Red Cross can now do so via crypto donations. All donations are converted into fiat currency within 24 hours after the donation has been made. Benjamin William said his organization has enabled the crypto option for “donors who are tech-savvy and wish to make a difference through…
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Slip on Thursday, as Inflation in US Rose

Bitcoin retreated from a recent high on Thursday, in light of a much anticipated inflation report from the United States. The consumer price index rose to an annual rate of 3.2% last month, with core inflation falling to 4.7%. Ethereum also slipped into the red. Bitcoin Bitcoin (BTC) gave up recent gains on Thursday, as…
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Ethereum Price Prints Bullish Technical Pattern, Why Close Above $1,880 Is Critical

Ethereum price is aiming for a fresh increase above the $1,880 zone against the US Dollar. ETH could rally unless there is a close below the $1,830 support. Ethereum is facing major resistance near $1,875 and $1,880. The price is trading above $1,830 and the 100-hourly Simple Moving Average. There is a bullish flag pattern…
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Bitrefill Adds Support for eSIM Purchases With Cryptocurrencies

Bitcoin-friendly mobile top-up platform Bitrefill announced support for eSIM purchases with a number of cryptocurrencies. The service will allow travelers to have access to fast internet in different countries around the world after buying prepaid data plans using their digital coins. You Can Now Buy eSIM Cards From Bitrefill Using Your Crypto Wallet Bitrefill, a…
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Bitcoin Price Could Rise to $180,000 by 2024 Halving, Says Fundstrat

In a recent note to investors, Fundstrat has forecasted a potential surge in the price of bitcoin to an astonishing $180,000 before its next block reward halving event in April 2024. The financial services company attributes this projected 521% price hike from current levels to the rising demand, fueled mainly by the anticipated approval of…
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Bitcoin, Ethereum Technical Analysis: BTC Surges Above $30,000, as Moody’s Downgrades 10 US Banks

Bitcoin moved above $30,000 late on Tuesday, as markets reacted to the news that rating agency Moody’s had downgraded several U.S. banks. The list includes State Street, Northern Trust, and Bank of New York Mellon. Ethereum was marginally higher. Bitcoin Bitcoin (BTC) briefly rose back above the $30,000 level late last night, as markets reacted…
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