On Friday, both Bitcoin and Ethereum saw a pullback to the 21-day Exponential Moving Average (EMA), where buyers stepped in and purchased the dip. Meanwhile, Dogecoin has been trading in a sideways pattern, with its price staying within a narrow range throughout each trading day. Bitcoin’s Volatility and Market Resilience Bitcoin faced significant volatility during…
Futures and options data for Ethereum suggest that the price of ETH could reach $5000 following the Ethereum London upgrade, known as Ethereum Dencun. Analysts are predicting an imminent rally in the price of ETH based on this data. The long-awaited Dencun upgrade for Ethereum is set to launch on the Ethereum mainnet at epoch…
Bloomberg’s ETF analysts have decreased the likelihood of a spot Ethereum ETF approval in May to 30%. Earlier, in January, they had estimated a 70% chance of approval by May. Similarly, another analyst had given a range of 60-65% likelihood. The SEC will make a crucial decision on the approval of the spot Ethereum ETF…
Ten financial institutions are gearing up to introduce spot Bitcoin ETFs in Hong Kong. Additionally, spot Ethereum ETFs are expected to debut before similar offerings in the United States. Regulatory approval in Hong Kong has sparked plans for spot Bitcoin ETFs and spot Ethereum ETFs in the burgeoning crypto market. Applications for spot Bitcoin ETFs…
Vitalik Buterin suggests a recovery hard fork to safeguard users against potential threats from quantum computers. He warns of the risks of users losing their funds due to the emergence of quantum computers. In the event of the hard fork, users are advised to download a new software wallet to execute this backup plan. Ethereum’s…
Cryptocurrency fans are excited about Ethereum (ETH) this weekend. It’s the second-biggest cryptocurrency, and its price went up by 4.31% in the last day. Now, it’s getting close to a really important point: $4,000. This rise is happening because people are feeling really positive about the Ethereum network lately. There are a bunch of reasons…
A significant amount of Ethereum (ETH) has been bought, totaling more than $620 million. Data from Spot On Chain shows that within just one hour, a massive 15,003 ETH was purchased at around $3,932 each, using 59 million DAI. In the last four days, these wallets have accumulated 163,295 ETH, costing approximately 620.7 million DAI,…
Ethereum (ETH) has made history by crossing the $3900 mark, showing a remarkable surge of 70%. Analysts believe this upward trend will continue, fueled by increasing market positivity. Ethereum (ETH) has experienced an unprecedented surge, reaching new heights beyond the $3900 mark. This surge, which marks a significant milestone, has led analysts to anticipate a…
The price of Ethereum has climbed to $3,700, riding the wave of Bitcoin’s recent surge. With this momentum, Ethereum could potentially rally further, targeting the $4,000 mark in the near future. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, saw a significant uptick, hitting $3,700, marking a 5% increase in just 24 hours. This surge…
The SEC has delayed its decision on BlackRock and Fidelity’s spot Ethereum ETF. Ethereum bulls, however, are shifting focus to the upcoming Dencun upgrade, while a crucial price breakout hints at a potential rally to $4,200. Ethereum, the world’s second-largest cryptocurrency, is on a massive bull run, with its price soaring above $3,700. At the…