Ethereum has finally touched the $3,000 price level once again after spending weeks trading in a narrow range beneath $2,800. This recent breakout, although brief, marks the first time Ethereum reclaimed this level since early February. According to technical analyst Merlijn The Trader, Ethereum’s next destination after breaking past $3,000 is already in sight. Related…
Popular market analyst with X username Daan Crypto has provided an important insight into the Ethereum market, stating the altcoin finds itself in a delicate price situation. Notably, Ethereum (ETH) prices crossed above $2,800, a critical resistance level, before briefly touching the $3,000 zone. During this period, the second-largest cryptocurrency registered market gains of 16.77%…
In a positive development for the crypto community, the individual responsible for the GMX exploit accepted the platform’s bounty and returned over $40 million worth of assets stolen from the project. Related Reading Crypto Hacker Takes $42 Million From GMX On Friday, the recent GMX V1 exploit ended on a happy note after the individual…
The Ethereum price is once again gaining momentum and looks set to reach new highs. Crypto analyst Doctor Profit commented on how the altcoin has broken through a crucial moving average (MA). Meanwhile, ETH’s dominance is again on the rise. Ethereum Price Breaks 50EMA On Weekly Chart In an X post, Doctor Profit stated that…
Ethereum just broke above the critical $3,000 level, marking a major technical milestone after surging over 20% since Tuesday. This decisive breakout signals renewed strength in the second-largest cryptocurrency, with bulls reclaiming control after weeks of tight consolidation. The move is reigniting interest across the broader altcoin market, which had remained relatively muted during Bitcoin’s…
Ethereum is advancing its long-term scalability strategy with a substantial technical shift to integrate the zero-knowledge Ethereum Virtual Machine (zkEVM) into the layer-1 blockchain. On July 10, Sophia Gold, an Ethereum Foundation developer, stated that the foundation aims to ship the L1 zkEVM within a year, marking a critical evolution in Ethereum’s pursuit of efficient,…
Ethereum has surged past the $3,000 mark for the first time since February, riding on the renewed momentum sweeping across the broader crypto market. According to CryptoSlate data, ETH’s price peaked at $3,033 during the last 24 hours amid a 9% increase. However, its value has slightly retraced to $2,991 as of press time. This…
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Ethereum price started a fresh increase above the $2,720 zone. ETH is now consolidating gains and might aim for a fresh move above $2,800. Ethereum started a fresh increase above the $2,650 level. The price is trading above $2,720 and the 100-hourly Simple Moving Average. There is a key parabolic curve forming with support at…
Bitcoin (BTC) achieved a significant milestone on Wednesday afternoon, reaching an all-time high (ATH) of $112,022. It surged past its previous consolidation phase, overcoming resistance levels and paving way for potential gains ahead. John Glover, Chief Investment Officer at crypto lending platform Ledn, pointed out to MarketWatch that this recent rally mirrors a retest of Bitcoin’s…
