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Ethereum – Page 38 – BitcoTasks BLOG
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Ethereum Price Holds Strong At $3K But Can Bulls Clear This Hurdle?

Eth

Ethereum price is consolidating near the $3,000 zone. ETH could start a decent recovery wave if it clears the $3,100 and $3,200 resistance levels. Ethereum is struggling to recover above the $3,100 resistance zone. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with…

Ethereum Price Holds Strong At $3K But Can Bulls Clear This Hurdle? Read More »

Arbitrum Launches Fraud Proofs In Testnet: Why Is ARB Down?

Cryptocurrency Market News

Arbitrum, the largest Ethereum layer-2 scaling solution by total value locked (TVL), is taking steps towards decentralization. In an update on April 16, Offchain Labs–Arbitrum developers–said they have deployed the permissionless version of their fraud proofs, dubbed Bounded Liquidity Delay (BOLD), to testnet. Ethereum Layer-2s Are Popular, But There Is A Big Problem Ethereum layer-2…

Arbitrum Launches Fraud Proofs In Testnet: Why Is ARB Down? Read More »

Ethereum Price Stuck Near $3K, Indicators Show Risk of Downside Break

Eth

Ethereum price is still facing many hurdles near $3,200. ETH could start another major decline if the price stays below $3,200 and $3,280. Ethereum is struggling to recover above the $3,200 resistance zone. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance…

Ethereum Price Stuck Near $3K, Indicators Show Risk of Downside Break Read More »

Ethereum Fire Sale? Deep-Pocketed Investor Snags Nearly 24,000 ETH At Bargain Price

Ethereum

Ethereum, the second-largest cryptocurrency by market capitalization, has faced choppy waters. Over the past few days, Ethereum’s price has taken a nosedive, plunging to lows of $2,800 on April 12, echoing the broader downturn witnessed across the crypto landscape. However, in the face of volatility, a fascinating development has emerged: Ethereum whales, the behemoths of…

Ethereum Fire Sale? Deep-Pocketed Investor Snags Nearly 24,000 ETH At Bargain Price Read More »

Ethereum Price Recovery In Jeopardy? Decoding Key Hurdles To Fresh Increase

Eth

Ethereum price is facing many hurdles near $3,200. ETH could gain bearish momentum if the price stays below $3,200 and $3,280. Ethereum is struggling to recover above the $3,200 resistance zone. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support…

Ethereum Price Recovery In Jeopardy? Decoding Key Hurdles To Fresh Increase Read More »

Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update

Solana

Solana’s price saw a notable recovery on Monday after a steep decline over the past seven days. This was supported by positive developments in the Bitcoin (BTC) and Ethereum (ETH) markets, which came alongside the approval of exchange-traded funds (ETFs) for both cryptocurrencies in Hong Kong.  Additionally, Solana addressed its ongoing network congestion issues with…

Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update Read More »

Increased Bitcoin ETF Adoption Propels BTC Dominance To Highest Level Since 2021

Bitcoin News

Bitcoin’s dominance within the cryptocurrency market has reached a three-year high, signaling strong demand for US spot Bitcoin ETF holding the largest digital asset and a challenging period for smaller tokens. Bitcoin accounted for nearly 55% of the $2.4 trillion digital asset market at the end of last week, a level not seen since April…

Increased Bitcoin ETF Adoption Propels BTC Dominance To Highest Level Since 2021 Read More »

Breaking: Spot Bitcoin And Ethereum ETFs Approved In Hong Kong

Breaking News Ticker

The Hong Kong Securities and Futures Commission (SFC) has officially approved several spot Bitcoin and Ethereum exchange-traded funds (ETFs), a decision that marks a significant development in the region’s burgeoning crypto market. These approvals were granted to prominent asset managers including China Asset Management, Bosera Capital, and HashKey Capital Limited, alongside an in-principle approval for…

Breaking: Spot Bitcoin And Ethereum ETFs Approved In Hong Kong Read More »

Ethereum Whales Go On Buying Spree As Market Crash Leaves Retail Panicking

Ethereum

Ethereum, one of the leading cryptocurrencies, finds itself amidst a price decline alongside the broader crypto industry. This downturn has been exacerbated by escalating tensions in the Middle East, casting aEthereum is not immune to the trend. However, while retail investors panic-sell their holdings, on-chain data presents a different picture. Big player whales in the…

Ethereum Whales Go On Buying Spree As Market Crash Leaves Retail Panicking Read More »

Traders Forecast Massive Rally For Altcoins, But Why Is Sentiment “Down”?

Cryptocurrency Market News

Bitcoin’s correction at the start of Q2 dragged down the Altcoins market, and a “gloomy” sentiment appears to surround investors despite Q1 2024 registering one of the best performances for the crypto market. As prices recover momentum, traders and analysts suggest a brighter future might be around the corner. Altcoins Next Stop: Altseason? On Friday,…

Traders Forecast Massive Rally For Altcoins, But Why Is Sentiment “Down”? Read More »

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