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Tag Archives: Ethereum

Ethereum Price Analysis: ETH Aims Fresh Rally To $5K

Ethereum price started a fresh increase from the $3,915 support against the US Dollar. ETH price is now trading above $4,300 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $4,480 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $4,500 resistance zone. Ethereum price is showing positive signs above $3,300 against the US Dollar. ETH/USD could start a major...

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Ethereum Price Analysis: ETH Struggles Near $4K

Ethereum price started a fresh decline from well above $4,400 against the US Dollar. ETH price is now trading below $4,200 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $4,250 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $4,250 resistance zone. Ethereum price is showing bearish signs below $4,250 against the US Dollar. ETH/USD could decline heavily if...

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What Will the Taproot Upgrade Bring to the BTC Table?

Taproot is a bitcoin upgrade that went into effect two weekends ago. The upgrade has got a lot of people – particularly developers – excited about the future. It also caused the world’s number one digital asset to shoot up in price to about $68,000 once again, though it appears the momentum was too much for the currency given that it’s now back down to about $60K per unit. Taproot Will Make BTC More Like ETH This is the first major update for bitcoin in about four years....

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Ken Griffin: Bitcoin Won’t Be Number One for Long

According to legendary investor Ken Griffin, bitcoin will soon be a thing of the past. The world’s number one digital currency by market cap will eventually be outdone by its main competitor Ethereum, which in turn, will be outdone by a whole new generation of digital currencies. He suggests that this will be a vicious cycle, in which many crypto assets likely will not survive and be replaced by future coins. Ken Griffin Thinks ETH Will Outdo BTC In an interview, Griffin...

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Ethereum Price Analysis: ETH Trims Gains, $4k Holds The Key

Ethereum price started a fresh decline from $4,800 against the US Dollar. ETH price is now trading below $4,500 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $4,580 on the 4-hours chart (data feed from Coinbase). The pair could extend its decline towards the $4,100 and $4,000 levels. Ethereum price is showing bearish signs below $4,500 against the US Dollar. ETH/USD could extend losses below the $4,200...

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Bitcoin at $68,000 – It’s Highest Peak to Date!

Bitcoin – the world’s number one digital currency by market cap – has hit a new all-time high of roughly $68,000 per unit. Bitcoin Hits a New Peak While the currency is back down in the $67,000 range at the time of writing, we are clearly seeing a strong pattern. 2021 has been the year of all-time highs for bitcoin, as the currency first rose to about $64,000 per unit before stepping back and rescinding some of its gains. The bearish period that came soon after lasted...

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Rahul Rai: Ethereum Will Almost Certainly Outdo BTC

Ethereum, over the past few months, has had a habit of garnering more praise and attention than bitcoin, the world’s largest and most popular digital currency by market cap. The currency is now getting even more praise from the likes of Rahul Rai, a digital currency hedge fund manager who believes that the asset will overtake bitcoin as the number one virtual asset before 2023. Ethereum Is Going to Flip BTC, Says Rai Rai thinks Ethereum will potentially hit the number...

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Could an Ethereum ETF Be On Its Way Soon?

Analysts are claiming that an Ethereum-based futures exchange-traded fund (ETF) could be released as early as the first quarter of next year. The Possibility of an Ethereum ETF? The big news in 2021 is that a bitcoin ETF has finally made it to market. The product was released just a few weeks ago by a company called Pro Shares. It began trading on the New York Stock Exchange (NYSE) and received positive reviews from analysts and traders alike. However, there was one big...

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Ethereum and Other Assets Surge; Could a $3 Trillion Crypto Market Cap Be Close?

Many crypto analysts believe the digital currency space is likely to hit $3 trillion in the coming weeks given how many assets – including Ethereum, Solana and Binance’s BNB Coin – have experienced heavy price surges. Ethereum and Other Assets Are Pushing Ahead These, along with several other currencies, have experienced “double-digit” gains over the past few weeks. In addition, bitcoin has been scaling back, which has ultimately given many of the world’s smaller tokens...

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JPMorgan Report Insists Ethereum May Be a Stronger Fit Than BTC

Just a few days ago, JPMorgan announced that it felt bitcoin was in line to reach a whopping price of roughly $146,000 per unit. Despite this big news, the financial giant is now claiming that its primary competitor Ethereum is still the better bet for crypto fans. JPMorgan Report Says Ethereum May Be Stronger Than BTC This statement came out in a recent report published by JPMorgan, in which analysts talk about rising interest rates and ongoing inflation. The company...

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