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Ethereum – Page 13 – BitcoTasks BLOG
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Solana (SOL) Bounces 30% Amid Market Recovery, Analysts Remain Bullish

Cryptocurrency Market News

Solana (SOL) is leading the crypto market recovery following the massive Monday crash. SOL registered some of the largest gains after reclaiming the $140 support zone on Tuesday morning. Its strength was highlighted by several market watchers, who shared their bullish predictions for the token. However, an analyst warned investors of a key level to…

Solana (SOL) Bounces 30% Amid Market Recovery, Analysts Remain Bullish Read More »

Ethereum Price Poised to Climb Higher: What’s Next for ETH?

Eth

Ethereum price started a recovery wave above the $2,350 resistance zone. ETH could gain bullish momentum if it clears the $2,680 resistance zone. Ethereum started a recovery wave above the $2,350 and $2,420 levels. The price is trading below $2,640 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with…

Ethereum Price Poised to Climb Higher: What’s Next for ETH? Read More »

Chainlink Drops by 64% In 5 Months, LINK Holders Unfazed: They Are Rapidly Accumulating

Chainlink News

Yesterday, August 5, LINK, the native currency of Chainlink, a decentralized Oracle provider, plunged to a six-month low. Changing hands at around $8, LINK fell by 64% from March highs, breaking out from a bull flag, signaling weakness. The correction was across the board, and leading altcoins like Solana and Cardano also posted sharp losses.…

Chainlink Drops by 64% In 5 Months, LINK Holders Unfazed: They Are Rapidly Accumulating Read More »

Bitcoin Rebounds Past $56,000, Ethereum Over $2,500: Key Factors

Cryptocurrency Market News

Bitcoin and crypto markets experienced a robust recovery Tuesday, with Bitcoin surging past the $56,000 mark and Ethereum breaking above $2,500, bouncing back from the “Block Monday.” Yesterday, Bitcoin plummeted over 15%, touching lows near $49,000, while Ethereum dropped by more than 20% to a low of $2,115. The recovery in Bitcoin and crypto paralleled…

Bitcoin Rebounds Past $56,000, Ethereum Over $2,500: Key Factors Read More »

Investors Pull Back: $528 Million Vanishes From Crypto Funds Amid Economic Fear

Cryptocurrency Market News

The global economic market has now so far shown increasing signs of instability which appears to have impacted the overall crypto investment sector negatively. Recent data from CoinShares has revealed a reversal in the flow of funds, with crypto investment products experiencing significant weekly outflows. As reported by CoinShares, this outflow marks the first time…

Investors Pull Back: $528 Million Vanishes From Crypto Funds Amid Economic Fear Read More »

Buying The Ethereum Dip? New Address Tied To Crypto Mogul Justin Sun Purchases 16,000 ETH

Ethereum

The cryptocurrency market has been rocked by a seismic sell-off over the past 24 hours, with the two largest digital assets, Bitcoin (BTC) and Ethereum (ETH), plummeting over 20% in value. At the epicenter of the chaos is one of the industry’s biggest names – Justin Sun, the founder of the TRON blockchain. On-chain data…

Buying The Ethereum Dip? New Address Tied To Crypto Mogul Justin Sun Purchases 16,000 ETH Read More »

Ethereum Crash A Buying Opportunity? This Whale Thinks So

Cryptocurrency Market News

Recent price movements in the cryptocurrency market have seen Ethereum experience a significant downturn, with the altcoin finally sustaining a break below the critical $3,000 support level. Ethereum has suffered a notable 4.76% decline over the past 24 hours, bringing its current trading price to just above $2,900.  While retail traders are still scrambling for…

Ethereum Crash A Buying Opportunity? This Whale Thinks So Read More »

Ethereum Price Crashes Below $3,000 As Revenues Drop To New Lows

Cryptocurrency Market News

Ethereum (ETH) recently dropped below the critical and psychological support level at $3,000, raising concerns for ETH bulls. This development comes amid the continued decline in revenue generated on the Ethereum network. Ethereum Crashes Below $3,000  Ethereum is down below $3,000, with this downtrend believed to be due to several factors. One is the outflows,…

Ethereum Price Crashes Below $3,000 As Revenues Drop To New Lows Read More »

Ethereum Price Under Pressure: Here’s Why $3,000 Is A Critical Level

Ethereum

The Ethereum price has been under intense bearish pressure over the past few weeks, continuing in a downward spiral over the last seven-day period. This horrid run of form has persisted despite the recent launch of spot ETH ETFs. According to recent on-chain data, the price of the altcoin seems to be approaching a significant…

Ethereum Price Under Pressure: Here’s Why $3,000 Is A Critical Level Read More »

‘Not All Hope Is Lost’: Crypto Analyst Weighs In On The Market’s Performance

Cryptocurrency Market News

As the crypto market faces another drop, a pessimistic sentiment surged again. Some investors seem to fear that altcoins won’t take off this cycle and that they have lost their chance of profiting from the bull run. However, renowned analyst Altcoin Sherpa weighed in on the matter, suggesting that the market is set up to…

‘Not All Hope Is Lost’: Crypto Analyst Weighs In On The Market’s Performance Read More »

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