This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) Since last week, Ethereum’s price has remained close to the key resistance at $2,400. Buyers are still trying to reclaim that level as support, but they lack momentum right now, which is why the asset hasn’t moved much…
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) Ethereum continued its downtrend this week and broke below the key support at $2,400, closing with a 6% loss. This puts bears back in charge of the price action. If buyers don’t show up soon, ETH may go…
TL;DR Binance will temporarily halt BNB Smart Chain deposits and withdrawals due to maintenance, but trading will not be affected. BNB’s price is down amid a market slump, with a potential rally expected following the release of former CEO Changpeng Zhao from prison. The Upcoming Effort The world’s largest crypto exchange will conduct wallet maintenance…
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) This week, Ethereum re-tested the support at $2,400, and so far, buyers managed to defend this level well. On Thursday, ETH managed to recover some of the recent losses and spiked toward $2,600 again but was stopped there…
The current U.S. benchmark rate for massive overnight money market loans from the central bank is in the range of 5.25% and 5.5%. When Powell spoke in Jackson Hole, Wyoming, on Friday, markets expected more signals of a regime of interest rate cutting ahead. Instead, he went a step further and explicitly endorsed rate cuts. In…
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) There is a lot of hope that Ethereum will recover and enter a rally again, but so far, the price action does not give a clear picture of whether this can happen anytime soon. ETH also closed the…