Ethereum (ETH)

[PRESS RELEASE – Singapore, January 19th, 2024] RSS3 announces its Mainnet launch to happen in Q1 2024. The RSS3 Mainnet distinguishes itself with an unprecedented dual-layer structure: a Data Sublayer (DSL) for efficient management of Open Information and a Value Sublayer (VSL), an Ethereum Layer 2 (L2) with adjusted OP Stacks and Celestia DA to handle values derived the former. Plus, there’s a cool new feature in the DSL that lets anyone spin up a private Web3 AI in just...

Ethereum’s price has been on the rise over the last few months, breaking through resistance levels one by one. Yet, the cryptocurrency might have reached a potential turning point. Technical Analysis By TradingRage Ethereum Price Analysis: The Daily Chart On the daily chart, the market has been acting very bullish since breaking the 200-day moving average to the upside. It has been making consistently higher highs and lows, with the Relative Strength Index showing values...

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently shown remarkable resilience and strength in the crypto market. As of now, Ethereum is trading at $2,563, reflecting a minor drop of -2.67% over the past 24 hours. This decline follows a period of impressive growth in which ETH surged by 23.22% in just three weeks. The recent bullish momentum has catapulted Ethereum back above the 50% level, signaling a potential continuation...

Litecoin started a downside correction from the $77.00 zone against the US Dollar. LTC price is now trading below $70 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $69.65 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $67.20 support. Litecoin price is correcting gains from $77.00 against the US Dollar, like Bitcoin. LTC price...

Even with significant capital flowing into the recently introduced spot Bitcoin ETFs, the anticipated positive influence on BTC’s price is yet to materialize. Bitcoin experienced a decline of more than 5% following the approvals last week. In contrast, Ethereum recorded an almost 8% rise over the same period despite struggling to sustain the $2,600 level. Data suggest that the price dominance of the world’s largest altcoin continues to surge against Bitcoin. Ethereum’s...

In a move that solidifies Manta Pacific’s dominance in the industry, Binance recently introduced MANTA as its 44th project on the Launchpool.  In a recent development, Manta Pacific, the native layer 2 of Manta Network, has emerged as the fourth-largest scaling solution, surpassing Coinbase’s Base, according to data from L2Beat. Manta Pacific’s Rise to Prominence The Total Value Locked (TVL) on Manta Pacific currently stands at an impressive $850 million, leaving Base behind at $756...

Ethereum price started a downside correction from the $2,720 resistance against the US Dollar. ETH price is now trading above $2,450 and the 55 simple moving average (4 hours). There is a key declining channel forming with support at $2,420 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $2,560 resistance zone. Ethereum price is declining below $2,600 against the US Dollar. ETH/USD remains at a risk of more...

Bankrupt lending firm Celsius has transferred over $125 million worth of its Ether to crypto exchanges in the past week as part of its initiative to repay creditors. The move follows that of FTX and Alameda Research, which also resumed funds transfer earlier this month. $125 Million ETH Transfer From January 8 to January 12, $95.5 million was moved to Coinbase and $29.7 million to FalconX, as reported by Arkham Intelligence. Despite these transfers, Celsius still possesses...

The investment community is buzzing about the new Bitcoin Minetrix (BTCMTX) project, which launched its presale in the second half of 2023 and has raised over $8.4 million so far. Some traders believe that Bitcoin Minetrix’s revolutionary Stake-to-Mine protocol could even allow it to outpace Ethereum’s (ETH) growth once listed on centralized exchanges this year. Bitcoin Minetrix Seeks to Democratize BTC Mining Through Staking Model For those unaware, Bitcoin Minetrix is an...

SUI has demonstrated an impressive surge over the last couple of days, taking the token’s price to a new ATH. The price of SUI, currently the 50th largest cryptocurrency by market capitalization according to CoinMarketCap data, hit a new all-time high (ATH). SUI rose to $1.43, the highest price since May 2023, shortly after the network’s launch. The platform’s market cap is now at $1.54 billion. SUI seems to be on an impressive bull run, climbing more than 10% in the last 24 hours, and...