Ethereum price is moving higher above the $2,000 resistance against the US Dollar. ETH price is now trading above $2,000 and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $2,060 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it stays above the $2,000 support zone. Ethereum price is rising above the $2,000 level against the US Dollar. ETH/USD could rise further if it clears the $2,140...
Read More »Possible Short-Term Correction for ETH Following Test of $2.1K? (Ethereum Price Analysis)
Ethereum’s price has been extremely bullish over the past few weeks, climbing higher each week. While there are numerous signs that the bear market is over, some worrying signs are emerging in the short term. Technical Analysis By: Edris The Daily Chart Looking at the daily timeframe, the price has been rallying aggressively after breaking the large symmetrical triangle to the upside. Currently, ETH is targeting the $2200 resistance level and is approaching it quickly. Yet,...
Read More »Ether (ETH) Price Shoots 11-Month High despite Over 1M Withdrawals
Ethereum has delivered an extremely strong performance by gaining more than 10% since the Shapella upgrade. Ether (ETH) has successfully delivered a very strong performance shooting past $2,100 levels and hitting a new 11-month high. As of press time, ETH is trading at $2,087.83 with a market cap of $249 billion. This strong price performance comes despite more than 1 million ETH being withdrawn from the Ethereum Beacon Chain just within the first four days of the Shanghai hardfork...
Read More »Injective (INJ) Soars 60% Weekly, Bitcoin Flat Above $30K (Market Watch)
With the lower trading volumes during the weekend, bitcoin has stalled around $30,000 but still remains above that level. Most altcoins are also sitting quietly, with ETH standing at $2,100. INJ, however, has skyrocketed on a weekly basis. BTC Stalls at $30K The past week was quite eventful for the primary cryptocurrency, despite its sluggish start. BTC remained at $28,000 on Monday, similar to the previous weekend, but the landscape started to change as the day progressed....
Read More »New Meme Coin DigiToads (TOADS) Token to List on BitMart Exchange
[PRESS RELEASE – Mahe, Seychelles, April 15th, 2023] The crypto market has been red hot recently. Bitcoin (BTC) ripped past $30,000, Ethereum (ETH) staking withdrawals will go live, breaking the $2,000 price point whilst Bitcoin (BTC) dominance dropped while its price climbs means it might be the beginning of an altcoin season. A new powerhouse DeFi project, DigiToads, has confirmed it will list on BitMart exchange soon. The DigiToads presale has already raised more than...
Read More »Bitcoin Just Got Higher and Higher in Mid-March
Despite all the craziness surrounding some of America’s banks (i.e., Signature, etc.), bitcoin is defying all odds and rising like nobody thought possible during times like these. Bitcoin Is Defying All Expectations At the time of writing, bitcoin has shot beyond the $26,500 mark, and some analysts believe it’s on its way to $30,000 per unit. The currency has risen by more than 15 percent in just a matter of days, and the news appears to stem from the low inflation...
Read More »OKB Explodes 16% to Chart 2-Month High, Bitcoin Maintains $30K (Weekend Watch)
After the recent price pumps and new multi-month highs, bitcoin has lost some traction but still remains north of $30,000. Most altcoins are also slightly in the red today, with ETH sliding beneath $2,100. OKB, on the other hand, has exploded by double digits and neared its previous ATH. Bitcoin Maintains $30K The working week began with little-to-no movements, similar to the previous weekend, and BTC was stuck around $28,000. However, that all changed as Monday came to an...
Read More »Alt Season is Here According to Arthur Hayes
Arthur Hayes – co-founder of BitMEX – believes the altcoin season (a time frame during which the alternative coins outperform Bitcoin and reduce its dominance in the crypto market) is already here. Assets like Ether (ETH), Arbitrum (ARB), and Dogecoin (DOGE) have marked substantial gains in the past 24 hours, whereas BTC has been relatively stable at a range of $30-31K. Enter the Alt Season In one of his most recent tweets, Hayes presented a price chart of Ether (ETH),...
Read More »Stablecoins Worth $600k From 2021 DAO Maker Hack Sent Via Tornado Cash
Tornado Cash has, once again, found itself as the nexus of pilfered funds from a DeFi protocol. An Ethereum wallet address associated with the exploiter of the DAO Maker breach from 2021 sent $600,000 worth of DAI stablecoin through the controversial coin mixer. According to the blockchain security firm, PeckShield, the wallet had been dormant for more than 200 days. The movement was detected nearly seven months after another wallet linked with the exploiter transferred...
Read More »Ethereum Leads Market Rally Following Shapella, Bitcoin Tops $30K, Altcoins Thrive: This Week’s Market Recap
This week saw the total cryptocurrency market capitalization soar above $1.3 trillion on the back of major increases from many coins. The sentiment has also improved considerably across the board. Bitcoin’s price managed to top the coveted $30K level – a point that we haven’t seen in 10 months. The week started relatively quiet as everyone was expecting the release of the Consumer Price Index. It’s largely used to gauge inflation in the US. Before its release, however, things...
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