This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum finally woke up this week after testing the support at $2,800 and closed with a 7% price increase. Nevertheless, ETH made a new yearly low against Bitcoin. The resistance is at $3,350 and if this momentum continues, it could be tested by the bulls in the coming days. Ideally, Ethereum will break higher soon and return on an uptrend. Looking ahead, ETH could be...
Read More »Bitcoin (BTC) Price Taps $67K, Ethereum (ETH) Climbs Above $3.1K (Weekend Watch)
Bitcoin’s most recent run continued in the past 24 hours as the asset’s price climbed to its highest price in over a month at just over $67,400 yesterday. Ethereum has also joined the party at last, having surged past the coveted resistance line of $3,000 and jumping above $3,100. BTC Sees 5-Week Peak Bitcoin suffered a lot at the start of May as it dumped to a multi-month low of under $57,000. It began to recover some ground in the following week when it soared past $65,000...
Read More »MetaLend Introduces Cross-Chain Crypto Trading on Ronin Network
[PRESS RELEASE – New York, USA, May 17th, 2024] MetaLend, a crypto trading platform for Web3 gaming assets, has announced its latest update: cross-chain trading on the Ronin ecosystem. This new innovative feature gives users the ability to trade gaming assets on Ethereum, Polygon, and the Binance Smart Chain. After launching as the exclusive DeFi partner of the Ronin Chain in 2023, MetaLend is thrilled to now be expanding across chains. Following the sentiment, “gamers are...
Read More »Coinbase Research Report Predicts Upside Surprise in Ethereum (ETH)
[unable to retrieve full-text content]CoinspeakerCoinbase Research Report Predicts Upside Surprise in Ethereum (ETH) Coinbase said that the market is underestimating the odds and timings of a potential spot Ethereum ETF approval, thereby leaving sufficient space for upside surprises. Coinbase Research Report Predicts Upside Surprise in Ethereum (ETH)
Read More »The Floppening: Ethereum Can’t Stop Losing Ground To Bitcoin
More than 19 months after Ethereum’s historic Merge upgrade, the data is clear: the network’s native asset, Ether (ETH), is not keeping up with Bitcoin (BTC). The ETH/BTC price ratio tapped another three-year low on Thursday at 0.044, with Ether last experiencing less market dominance against Bitcoin in May of 2021. Why Does ETH Keep Dumping Against BTC? The trend has been offputting and confusing for Ethereum bulls, of whom many assumed ETH would become a more appetizing...
Read More »Dogecoin Founder Questions Ethereum ETF Approval
[unable to retrieve full-text content]CoinspeakerDogecoin Founder Questions Ethereum ETF Approval Dogecoin founder Billy Markus said that SEC has lost its integrity, and any positive outcomes are unlikely until its integrity is restored. Dogecoin Founder Questions Ethereum ETF Approval
Read More »ETH Bull Run Hopes Reignited as Bulls Test $3K Resistance (Ethereum Price Analysis)
Ethereum’s price has been on a gradual decline since mid-March and has yet to show any decisive sign of recovery. Yet today’s price action is critical, as it can finally bring back some bullish momentum to the market. Technical Analysis By TradingRage The Daily Chart Looking at the daily timeframe, Ethereum’s price has been trending lower inside a large descending channel and is yet to break it to either side. Meanwhile, the cryptocurrency is currently testing the midline of...
Read More »Bybit Returns 2% to Bybit Card Users via Cashback Campaign
[unable to retrieve full-text content]CoinspeakerBybit Returns 2% to Bybit Card Users via Cashback Campaign Bybit has announced a 2% cashback in USDT for all users, who spend crypto or fiat using the exchange's Bybit card. Bybit Returns 2% to Bybit Card Users via Cashback Campaign
Read More »Catwifhat, Book of Meme Among Top Meme Coin Gainers As WienerAI Nears $2m
After a brief dip in April, meme coins are rallying with the overall market cap up almost 10% since yesterday. Some tokens like catwifhat are up over 30% in the past 24 hours, proving that meme coins are still the clear winners of this bull run. Book of Meme is also drawing attention with a 20% price increase this week and a 50% increase this month. It’s clear that meme coins can still attract huge amounts of investor interest even this far into the season. Ethereum-based...
Read More »ETH-BTC Ratio Dips to Lowest Since April 2021 as Bitcoin Touches $66k
[unable to retrieve full-text content]CoinspeakerETH-BTC Ratio Dips to Lowest Since April 2021 as Bitcoin Touches $66k The general interest in Bitcoin skyrocketed following the approval of eleven spot BTC ETFs in the United States in January this year. The lower chances of approval of a spot ETH ETF in the United States are not helping Ether’s case. ETH-BTC Ratio Dips to Lowest Since April 2021 as Bitcoin Touches $66k
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Ethereum (ETH)
