ETH – Page 27 – BitcoTasks BLOG

Ethereum Bull Flag Breakout: ATH On The Horizon As Major Metrics Turn Bullish

May 15, 2024

Crypto analyst Javon Marks has highlighted several metrics that have turned bullish for Ethereum (ETH). The analyst noted that one of these metrics suggests an all-time high (ATH) for the second-largest crypto token. Bullish Metrics For Ethereum Marks remarked in an X (formerly Twitter) post that the bull flag-like price structure has formed on the…

Ethereum Bull Flag Breakout: ATH On The Horizon As Major Metrics Turn Bullish Read More »

Ethereum Price Anticipates Upside Break To Shift Sentiment Towards Bullish

May 15, 2024

Eth

Ethereum price is eyeing an upside break above the $2,900 level. ETH must settle above $2,900 and $2,940 to continue higher in the near term. Ethereum is forming a base above the $2,860 support zone. The price is trading below $2,950 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming…

Ethereum Price Anticipates Upside Break To Shift Sentiment Towards Bullish Read More »

Bitcoin, Ethereum, And Solana: Galaxy Digital CEO Predicts Next Market Movements

May 14, 2024

Bitcoin News

Mike Novogratz, the CEO and founder of Galaxy Digital, shared his insights on the current state of the cryptocurrency market. According to Bloomberg, Novogratz predicts that Bitcoin (BTC) will likely remain within a relatively narrow trading range for the current quarter as the adoption of cryptocurrencies in traditional finance continues to evolve. Stagnant Crypto Market Per…

Bitcoin, Ethereum, And Solana: Galaxy Digital CEO Predicts Next Market Movements Read More »

Bullish On Ethereum: Analyst Predicts Crypto’s Imminent Takeoff

May 14, 2024

Cryptocurrency Market News

Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has been a rollercoaster ride for investors lately. After dipping below $2,820, it surged to over $3,200, only to retrace some of those gains. However, analysts remain optimistic, citing technical indicators and a key regulatory decision on the horizon as potential catalysts for a near-term price…

Bullish On Ethereum: Analyst Predicts Crypto’s Imminent Takeoff Read More »

Can Ethereum Price Repeat Pattern and Start Fresh Surge To $3,200?

May 14, 2024

Eth

Ethereum price is attempting a recovery wave from the $2,865 support. ETH might start a fresh surge if it clears the $2,960 resistance zone. Ethereum remained stable and attempted a recovery wave above $2,900. The price is trading below $2,950 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend…

Can Ethereum Price Repeat Pattern and Start Fresh Surge To $3,200? Read More »

Is The Crypto Winter Thawing? US Bitcoin ETFs Record First Inflows In Weeks – Coinshares

May 14, 2024

Cryptocurrency Market News

After experiencing outflows for four consecutive weeks, US spot Bitcoin exchange-traded funds (ETFs) have marked a notable shift in momentum, witnessing net inflows once again. According to recent digital asset investment products have seen inflows totaling $130 million for the first time in five weeks. This change suggests renewed investor interest in crypto-focused investment products,…

Is The Crypto Winter Thawing? US Bitcoin ETFs Record First Inflows In Weeks – Coinshares Read More »

Ethereum Price Takes Hit and Turns At Risk of Fresh Lows

May 13, 2024

Eth

Ethereum price is gaining bearish momentum below $2,950. ETH might continue to move down toward the $2,550 support in the near term. Ethereum struggled to clear the $2,950 resistance and started a fresh decline. The price is trading below $2,920 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with…

Ethereum Price Takes Hit and Turns At Risk of Fresh Lows Read More »

EigenLayer Launches Airdrop Season, Allowing Users To Claim 113M EIGEN Tokens

May 11, 2024

Cryptocurrency Market News

Restaking protocol EigenLayer has unveiled its highly anticipated airdrop season, during which eligible users can claim a portion of the initial EIGEN token supply. EigenLayer Sets September 2024 Deadline The protocol’s announcement on Friday revealed that “Season 1” commences with 6.05% of the total supply, which users can claim starting on May 10. Moreover, “Season…

EigenLayer Launches Airdrop Season, Allowing Users To Claim 113M EIGEN Tokens Read More »

Change Of Heart: Crypto Scammer Returns $34.7 Million To Victim’s Address

May 10, 2024

Cryptocurrency Market News

A week ago, a crypto whale fell victim to a scam that resulted in the loss of over $71 million. In the following days, the scammer moved the funds to veil them. But in a shocking turn of events, they returned the funds to the victim. Address Poisoning Scam Snatches $71 Million On May 3,…

Change Of Heart: Crypto Scammer Returns $34.7 Million To Victim’s Address Read More »

Crypto Expert Forecasts The ‘Age of Ethereum’: What This Means

May 10, 2024

Ethereum

Ethereum has received a lot of criticism recently, and accordingly the ETH price has underperformed other altcoins. However, Ryan Berckmans, a prominent contributor of the Ethereum community and investor, boldly claims we are entering the “Age of Ethereum,” a period that could redefine the hierarchy of blockchain technologies. Berckmans shared his insights via X, sparking…

Crypto Expert Forecasts The ‘Age of Ethereum’: What This Means Read More »

Ethereum Foundation Moves 1,000 ETH – Is The Top In?

May 10, 2024

Ethereum

significant amount of ETH. Given what this transaction could imply, it has drawn the crypto community’s attention, which is already speculating about whether the market top might be in. Ethereum Foundation Moves 1,000 ETH On-chain analytics platform SpotOnChain revealed in an X (formerly Twitter) post that the Ethereum Foundation transferred 1,000 ETH ($3 million) to…

Ethereum Foundation Moves 1,000 ETH – Is The Top In? Read More »