Ethereum price started a fresh increase from the $4,240 zone. ETH is now consolidating and might aim for more gains if it clears $4,400. Ethereum is now eyeing an upside break above the $4,400 zone. The price is trading above $4,320 and the 100-hourly Simple Moving Average. There was a break above a key bearish…
BitMine Immersion has reportedly accumulated a staggering 319,000 ETH in just a single week. The massive purchase, worth over a billion dollars, underscores growing conviction in Ethereum’s long-term value among institutions and big players, tightening market liquidity. Could This Trigger An Ethereum Supply Crunch? In a move that highlights the growing institutional confidence in Ethereum,…
New Delhi: Goverment is unlikely to introduce a full law to regulate cryptocurrencies. Instead, the government plans to maintain limited oversight, fearing that mainstreaming digital assets could create risks for the country’s financial system, according to an internal government paper seen by Reuters. The paper says regulating cryptocurrencies could end up giving them legitimacy and…
Two major Ethereum layer-2 networks, Linea and Polygon, experienced operational setbacks on Sept. 10, adding to concerns about the reliability of scaling solutions. The incidents come around a week after Starknet, another Ethereum layer-2 network, suffered a four-hour outage, underlining the challenges of keeping rollup systems consistently online. Linea outage coincides with airdrop plan Linea,…
Solana has pulled well ahead of other networks on a key measure: revenue. That gap is large enough to change how traders and builders talk about where money flows in crypto. Related Reading Solana Tops Blockchain Revenue Charts According to data shared by crypto media outlets, Solana has generated $1.25 billion in revenue year-to-date. That…
Crypto analyst Ash Crypto has revealed when the Bitcoin price is likely to reach $150,000, while Ethereum rallies to $8,000 and the altcoin season begins in full force. This comes as the crypto market looks to rebound, with BTC attempting a successful break above $112,000. On Bitcoin Price and Ethereum Rally And Altcoin Season Timeline…
MYX, the native token of MYX Finance, has rallied more than 200% in the past 24 hours, making it the biggest gainer on Sept. 9, according to CryptoSlate data. The token, which powers a BNB Chain-based decentralized exchange specializing in perpetual derivatives, jumped from around $6.28 to $17.75 at press time. That surge pushed MYX’s…
Amid the back and forth that has rocked the crypto market, the Ethereum price has now found itself between a rock and a hard place. Right now, bulls and bears are still locked in a tug-of-war in a quest to take control of the digital asset. Here, there are now multiple levels to watch that…
The Ethereum price is once again drawing attention as a strong bullish setup begins to take shape on the charts. Analyst Merlijn the Trader says buyers are stepping in after repeated rebounds, showing that the market could be shifting in favor of the bulls. He points out that momentum is now building, but one key…
Ethereum price started a fresh recovery wave above the $4,450 zone but failed. ETH is still struggling and might slide below the $4,220 zone. Ethereum is still struggling to recover above the $4,400 zone. The price is trading below $4,400 and the 100-hourly Simple Moving Average. There is a short-term declining channel forming with resistance…
