Ethereum Foundation Revamps Leadership Amid Market Volatility
The Ethereum Foundation has announced a significant shake-up in its leadership ranks, appointing two new co-executive directors as it embarks on a fresh strategic direction. Hsiao-Wei Wang and Tomasz Stańczak will jointly take the helm of the non-profit that stewards Ethereum’s development, replacing the sole executive role previously held by Aya Miyaguchi. On the other…
Ethereum Price Breaks Out—10% Surge Sparks Bullish Momentum
Ethereum price started a fresh increase from the $2,080 zone. ETH is now back above $2,400 and facing hurdles near the $2,550 level. Ethereum started a decent increase above the $2,350 resistance zone. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line…
Whales Add 190,000 Ethereum In The Last 24 Hours – The Accumulation Continues
The crypto market is facing intense fear, with many analysts speculating that a prolonged bear market could be on the horizon. Ethereum has been one of the hardest-hit assets, experiencing a massive decline of over 27% in less than five days. Investors are growing cautious as ETH struggles to hold key support levels, fueling uncertainty…
Ethereum Retraces To Critical Monthly Demand Level – Can ETH Hold Selling Pressure?
Ethereum has experienced a massive drop, losing over 27% of its value in less than five days as the market faces extreme fear and uncertainty. The rapid sell-off has fueled speculation that a bear market could be on the horizon, with many analysts calling for further downside in the coming months. However, despite the overwhelming…
Ethereum Price In Trouble: ETH Accelerates Losses Amid Market Turmoil
Ethereum price started a fresh decline from the $2,350 resistance zone. ETH is now consolidating losses and might extend losses toward the $2,000 support. Ethereum is facing an increase in selling below the $2,350 zone. The price is trading below $2,250 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming…
Flash Crashes On The Rise: Understanding The Recent $300 Billion Crypto Drop
The crypto market is experiencing a significant upheaval, with a staggering $300 billion erased in just 24 hours. This massive sell-off has raised concerns among investors, prompting analysts to explore the underlying causes of this dramatic decline. Bitcoin And Ethereum Plummet According to insights from the Kobelsi Letter, a global commentator on capital markets, the…
Ethereum Price Dips Deeper—Is a Rebound Possible?
Ethereum price started a fresh decline from the $2,450 resistance zone. ETH is now consolidating losses and might face hurdles near $2,400 and $2,450. Ethereum is facing an increase in selling below the $2,450 zone. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming…
Why Ethereum Is A Must-Watch: Expert Analysis Highlights 4 Strong Bullish Indicators
As the new week begins, Ethereum (ETH)—the second-largest cryptocurrency by market capitalization—has seen a significant decline, dropping nearly 10% below the critical support level of $2,500. However, amidst this downturn, prominent crypto analyst Doctor Profit has identified four compelling bullish indicators that suggest Ethereum may be poised for a resurgence, potentially inching closer to its…
Ethereum Price Attempts Recovery—Can It Break $2,500?
Ethereum price started a fresh decline from the $2,550 resistance zone. ETH is down over 10% and now attempts a recovery wave from the $2,300 zone. Ethereum is facing an increase in selling below the $2,550 zone. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There is a short-term bearish trend…
$200 Million In Crypto Longs Wiped Out As Altcoins Crash To Start Week
Data shows that the cryptocurrency derivatives sector has seen a high amount of liquidation during the past day as Ethereum and other altcoins plunged. Altcoins Have Just Witnessed Massive Long Liquidations According to data from Liquidation” here refers to the forceful closure that any open contract undergoes after it has accumulated losses of a certain…