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ETH – Page 35 – BitcoTasks BLOG
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Brace For Market Impact: Ethereum Open Interest Has Reached A New All-Time High

Ethereum

Ethereum has, for the most part, established a foothold above the $3,500 price level throughout the week as investors continue to anticipate a surging to new highs. The surge in open interest, although a bullish sentiment indicator, can also serve as a bearish signal of an impending change in market trend.  Ultimately, this metric added…

Brace For Market Impact: Ethereum Open Interest Has Reached A New All-Time High Read More »

Ethereum Price Gearing For Another Lift-Off to $4K: Increase Isn’t Over Yet

Eth

Ethereum price is holding gains above the $3,500 zone. ETH could gain bullish momentum if it clears the $3,680 resistance zone in the near term. Ethereum retested the $3,450 and is currently moving higher. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend…

Ethereum Price Gearing For Another Lift-Off to $4K: Increase Isn’t Over Yet Read More »

Ondo Finance Joins BlackRock Tokenized Fund As Inflows Surpass $160M

Cryptocurrency Market News

BlackRock, one of the largest asset managers globally, has witnessed notable success with its newly launched tokenized money-market fund, BUIDL. The fund, which records shared ownership on the Ethereum (ETH) blockchain, has attracted over $160 million in just one week since its debut.  BlackRock’s BUIDL Fund According to a Bloomberg report, the BlackRock USD Institutional…

Ondo Finance Joins BlackRock Tokenized Fund As Inflows Surpass $160M Read More »

Ethereum Price May Have Another Chance For A Bullish Streak: Here’s How

Eth

Ethereum price is showing positive signs above the $3,550 zone. ETH must clear the $3,680 resistance to continue higher in the near term. Ethereum started another increase above the $3,550 resistance zone. The price is trading above $3,550 and the 100-hourly Simple Moving Average. There is a major bullish trend line forming with support at…

Ethereum Price May Have Another Chance For A Bullish Streak: Here’s How Read More »

AVAX Soars 9% As Avalanche And Chainlink Announce Partnership For Global Asset Circulation

Avalanche

According to a recent announcement from blockchain platform Avalanche (AVAX), Australia and New Zealand Banking Group (ANZ) has partnered with Chainlink (LINK) Labs to explore the potential of on-chain digital assets for global movement and settlement.  Using Chainlink’s Cross-Chain Interoperability Protocol (CCIP), the collaboration aims to connect the Avalanche and Ethereum (ETH) blockchains to enable…

AVAX Soars 9% As Avalanche And Chainlink Announce Partnership For Global Asset Circulation Read More »

Ethereum’s Rocky Road To $4,000: Will SEC Hurdles Derail Its Bullish Journey?

Ethereum

Ethereum (ETH) stands at a crucial juncture, with its eyes set on the $4,000 price mark. Amid this ambitious pursuit, the digital asset faces a significant challenge that could influence its trajectory: scrutiny from the US Securities and Exchange Commission (SEC). Despite this potential regulatory hurdle, some analysts remain optimistic about Ethereum’s prospects. A detailed…

Ethereum’s Rocky Road To $4,000: Will SEC Hurdles Derail Its Bullish Journey? Read More »

Ethereum Drops Below The 100-Day Moving Average – What’s Next?

Ethereum

The crypto market is experiencing a pullback after Bitcoin, the leading cryptocurrency, reached a new all-time high. However, Ethereum (ETH) is not left out in this downward move. After setting a new yearly high of $4,094, the price of Ethereum has been moving downward and this has led to the price trading below the 100-day…

Ethereum Drops Below The 100-Day Moving Average – What’s Next? Read More »

Ethereum Sees Notable Rise In Daily Activity, But Why Is Price Down?

Ethereum

Ethereum’s network has seen notable growth recently in both daily active users and daily transaction volume, yet the price of ETH, Ethereum’s native cryptocurrency, has undergone corrections in the past few days. Notably, Ethereum is down by over 10% in the past seven days, underperforming Bitcoin and the S&P 500. While this decline can be…

Ethereum Sees Notable Rise In Daily Activity, But Why Is Price Down? Read More »

March Sees Nearly $1 Billion In Ethereum Netflow To Centralized Exchanges – What’s Happening?

Ethereum

The price of Ethereum has not exactly lived up to its promise as the month has gone on, despite a stellar start to the month. While this bearish pressure has been widespread in the general cryptocurrency market, regulation uncertainty has been an additional concern for ETH, igniting a negative sentiment around the “king of altcoins.”…

March Sees Nearly $1 Billion In Ethereum Netflow To Centralized Exchanges – What’s Happening? Read More »

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