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Ethereum (ETH)

Crypto Price Analysis Feb-9: ETH, XRP, ADA, SOL, and BNB

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Ethereum ended the week on a high note with a 9% price increase, making it one of the best performers on our list. In the process, ETH broke the resistance at $2,441 and turned it into support. The current target of this rally is $2,506, which is the next key level on the chart. If the second-largest cryptocurrency breaks that level as well, then it has a clear path...

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Ark Invest Wants To Add Staking To Its Spot ETH ETF: Will The SEC Approve?

Cathie Wood’s asset manager Ark Invest wants to bake staking into its proposed Ethereum Spot ETF – a feature that could revolutionize how the product is evaluated by Wall Street. In an amended S-1 application form filed on Wednesday, Ark included a lengthy passage about what the Ethereum network is and how it stays decentralization, highlighting its use of a proof-of-stake consensus mechanism. That’s where the firm slipped in a passage about its own participation in...

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Ethereum Pushes for $2.5K as The Bulls Come Back in Town (ETH Price Analysis)

Ethereum’s recent price action has seen it find support around the critical 100-day moving average, signaling a shift in market sentiment from bearish to bullish. ETH has embarked on a bullish retracement and has now reached a pivotal resistance region, setting the stage for its next move. By Shayan The Daily Chart A comprehensive examination of Ethereum’s daily chart unveils a shift in market sentiment, with the significant 100-day moving average at $2225 providing robust...

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Litecoin (LTC) Price Analysis: Bulls Aim Fresh Rally To $75

Litecoin is gaining pace above the $67.00 resistance against the US Dollar. LTC price is now trading above $68.00 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $67.80 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $69.00 and $70.00 resistance levels. Litecoin price is recovering from the $63.20 zone against the US Dollar, like Bitcoin....

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SEC Delays Decision on Invesco-Galaxy Spot Ethereum ETF Proposal

The United States Securities and Exchange Commission (SEC) has again delayed its decision on whether to approve or not a joint spot Ethereum exchange-traded fund (ETF) proposed by Invesco and Galaxy Digital. This marks the second postponement after a similar delay in December and aligns with the SEC’s recent trend of pushing back deadlines for Ethereum ETF proposals. SEC to Institute Proceedings According to a Tuesday filing, the SEC indicated that it was “instituting...

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Coinbase-Backed DeSo SocialFi App Focus Raises $75 Million in One Week

[PRESS RELEASE – Los Angeles, California, February 7th, 2024] Key Takeaways Focus, the revolutionary new decentralized SocialFi app, raised $75 million in one week Focus rivals subscription platforms like OnlyFans and Patreon, a multi-billion-dollar industry Users can reserve with DESO, BTC, ETH, and more to earn a 90% bonus in $FOCUS tokens for a limited time Focus, a new decentralized SocialFi app built on the DeSo blockchain, has made waves in the crypto industry by...

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ETH Price Close to $2,400, Ethereum’s Dencun Upgrade Live on Holesky Testnet with Mainnet Implementation Expected in March

CoinspeakerETH Price Close to $2,400, Ethereum’s Dencun Upgrade Live on Holesky Testnet with Mainnet Implementation Expected in March After launching on the Goerli and Sepolia testnets, the Ethereum Dencun upgrade is now live on Holesky in anticipation of a mainnent launch. ETH Price Close to $2,400, Ethereum’s Dencun Upgrade Live on Holesky Testnet with Mainnet Implementation Expected in March

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