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ETH – Page 20 – BitcoTasks BLOG
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Double-Whammy For Ethereum: Price Collapses, Exchange Supply Dries Up

Cryptocurrency Market News

The winds of change are blowing through the Ethereum (ETH) ecosystem. Despite tentative signs of recovery after recent dips, the price has struggled to stay afloat in the last 30 days. Additionally, a more intriguing trend has emerged: a mass exodus of ETH from cryptocurrency exchanges. This movement, marked by declining exchange supply and net…

Double-Whammy For Ethereum: Price Collapses, Exchange Supply Dries Up Read More »

Ethereum Price Struggle: Reaching Resistance, Facing Challenges

Eth

Ethereum price climbed higher above $3,500 but struggled near $3,580. ETH must clear the $3,650 resistance to move further into a positive zone. Ethereum is consolidating gains below the $3,650 resistance zone. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with resistance near $3,585…

Ethereum Price Struggle: Reaching Resistance, Facing Challenges Read More »

Ethereum Price To Hit $10,000, ‘Just The Way The Chips Have Fallen,’ Analyst Says

Ethereum

Crypto analyst and trader Tyler Durden has revealed his bullish sentiment towards Ethereum (ETH). The analyst suggested that the ETH rise was inevitable and that it was better for traders to go with the tide.  Ethereum Is Set To Rise To $10,000 Durden mentioned in an X (formerly Twitter) post that Ethereum to $10,000 is…

Ethereum Price To Hit $10,000, ‘Just The Way The Chips Have Fallen,’ Analyst Says Read More »

Is Ethereum Poised For A Record Break? Top Analyst Says $5K is Coming Soon – Here’s Why

Ethereum

Prominent crypto analyst Jelle has projected Ethereum (ETH) to surge to $5,000 by the end of this year. This prediction comes with a notable reason from a technical perspective. Ethereum Rally: Setting the Stage For New Peaks Jelle’s forecast comes after Ethereum is experiencing a form of stabilization above the $3,500 mark, following a correction…

Is Ethereum Poised For A Record Break? Top Analyst Says $5K is Coming Soon – Here’s Why Read More »

Ethereum Price Support Retest: Is a Double Bottom Pattern Emerging?

Eth

Ethereum price declined again and retested the $3,365 support zone. ETH could start a fresh increase toward $3,700 if it stays above $3,365. Ethereum is still holding the key $3,365 support zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance near…

Ethereum Price Support Retest: Is a Double Bottom Pattern Emerging? Read More »

ZkSync (ZK) Drops 20% Amid Binance Listing And New Token Distribution Program

Cryptocurrency Market News

ZkSync, the Ethereum Zero-Knowledge Layer-2 scaling solution, has been in the spotlight for its new token. Last week, the project’s announcement of its ZK token airdrop was met with backlash from investors and the crypto community. Following the backlash, crypto exchange Binance announced it would list ZK and offered a new distribution program to address…

ZkSync (ZK) Drops 20% Amid Binance Listing And New Token Distribution Program Read More »

CoinShares: Altcoins Defy Trends As Bitcoin Faces $600M in Outflows – What’s Next?

Cryptocurrency Market News

The Bitcoin market has witnessed significant shifts recently, influenced by macroeconomic factors and changing investor sentiments. Last week, digital asset investment products saw substantial outflows, which CoinShares attributed to several key economic updates. These included the release of US CPI data, the Federal Open Market Committee (FOMC) meeting, and Producer Price Index (PPI) figures. These…

CoinShares: Altcoins Defy Trends As Bitcoin Faces $600M in Outflows – What’s Next? Read More »

Ethereum Foundation Moves $64.4 Million Worth Of ETH, Is This A Dump?

Ethereum

The Ethereum (ETH) tokens. The non-profit organization’s Ethereum transactions are always significant, considering the impact they usually have on the second-largest crypto token.  Ethereum Foundation Transfers $64.4 Million Worth Of ETH Crypto journalist Colin Wu revealed in an X (formerly Twitter) post that a wallet (0x8e…D052) linked to the Ethereum Foundation transferred 18,089 ETH ($64.4…

Ethereum Foundation Moves $64.4 Million Worth Of ETH, Is This A Dump? Read More »

Ethereum On The Rise and Outperforms Bitcoin: Signals Indicate Fresh Increase

Eth

Ethereum price started a fresh increase from the $3,365 zone. ETH outperformed Bitcoin and might aim for a move toward the $3,800 resistance zone. Ethereum started a recovery after the bulls appeared near the $3,365 zone. The price is trading above $3,550 and the 100-hourly Simple Moving Average. There was a break above a key…

Ethereum On The Rise and Outperforms Bitcoin: Signals Indicate Fresh Increase Read More »

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