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Ethereum – Page 39 – BitcoTasks BLOG
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Ethereum Price Faces Crucial Test, Can ETH Clear This Hurdle To Kickstart Rally?

Eth

Ethereum price is consolidating above the $3,450 support zone. ETH must clear $3,560 and $3,620 to start a fresh increase in the near term. Ethereum is trading in a range above the $3,450 support zone. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There is a new connecting bearish trend line…

Ethereum Price Faces Crucial Test, Can ETH Clear This Hurdle To Kickstart Rally? Read More »

CEO Throws Cold Water On May Ethereum ETF Approval – Impact On Price

Ethereum

The much-anticipated arrival of spot Ethereum exchange-traded funds (ETFs) in the US seems to be hitting a snag. Industry leaders are voicing growing concerns about the likelihood of securing regulatory approval from the Securities and Exchange Commission (SEC), with a deafening silence from the agency fueling anxieties. Jan van Eck, CEO of investment firm VanEck,…

CEO Throws Cold Water On May Ethereum ETF Approval – Impact On Price Read More »

Ethereum Price Prints Bullish Pattern, Why Close Above $3,600 Is Critical

Eth

Ethereum price stayed above the $3,400 support zone. ETH is recovering losses, but it must clear $3,600 to continue higher in the near term. Ethereum extended its decline and tested the $3,400 support zone. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend…

Ethereum Price Prints Bullish Pattern, Why Close Above $3,600 Is Critical Read More »

Changing Tides: Restaking Takes Center Stage In Ethereum (ETH) Staking Landscape

Ethereum News

In recent months, the Ethereum staking landscape has witnessed significant transformations, prompting a shift in investor preferences and reshaping the sector’s dynamics.  According to on-chain data researcher and strategist at 21Shares, Tom Wan, key metrics indicate a notable change in the approach towards Ethereum staking, with restaking gaining prominence as a preferred method. Ethereum Restaking…

Changing Tides: Restaking Takes Center Stage In Ethereum (ETH) Staking Landscape Read More »

Ethereum Price Trims Gains, Are Dips Still Attractive In Near Term?

Eth

Ethereum price failed to continue higher above the $3,725 resistance zone. ETH trimmed gains and now consolidates near the $3,475 support. Ethereum failed to climb higher above the $3,725 resistance level. The price is trading near $3,500 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support…

Ethereum Price Trims Gains, Are Dips Still Attractive In Near Term? Read More »

Ethena’s (ENA) Crucial Role In Bitcoin Bull Market: Expert Identifies Critical Factors For Sustainable Growth

Bitcoin News

The recent volatility in the Bitcoin (BTC) price and its struggle to consolidate above the $70,000 mark has raised questions about the sustainability of its ongoing bull run. However, market expert Charles Edwards, co-founder of Capriole Invest, believes that the decentralized finance (DeFi) protocol Ethena Labs (ENA) could significantly extend and boost Bitcoin’s bull market…

Ethena’s (ENA) Crucial Role In Bitcoin Bull Market: Expert Identifies Critical Factors For Sustainable Growth Read More »

Paradigm Drives $225M Funding Round For Monad Labs, Blockchain Rival To Ethereum, Solana

Cryptocurrency Market News

Venture Capital (VC) firm Paradigm is leading a substantial $225 million funding round for a new Layer 1 (L1) network, that aims to compete with the Ethereum (ETH) blockchain. Other notable participants include VC firms Electric Capital and Greenoaks. According to a recent Fortune Magazine report, Monad Labs, the company behind the blockchain project, aims…

Paradigm Drives $225M Funding Round For Monad Labs, Blockchain Rival To Ethereum, Solana Read More »

Don’t Miss The Boat! Ethereum Whales Signal Bullish Run With $40 Million Bet

Cryptocurrency Market News

Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, is experiencing a surge in optimism in the cryptocurrency market. The emergence of two new whales, according to crypto tracking platform Spot On Chain, further adds to the bullish sentiment surrounding Ethereum. These whales have collectively withdrawn a substantial amount of ETH, totaling nearly 11,700 coins,…

Don’t Miss The Boat! Ethereum Whales Signal Bullish Run With $40 Million Bet Read More »

Ethereum’s Dive To 3-Year Low Against Bitcoin, Is This A Bear Trap? Trading Guru Weighs In

Ethereum

Trading Guru Peter Brandt has recently commented on the Ethereum vs. Bitcoin chart, offering intriguing insights into market developments. Brandt’s remark comes after his prior critiques of Ethereum, denigrating it as a “junk coin” and its proponents as “Etheridiots.” However, amidst Ethereum’s recent descent to its lowest position against Bitcoin in nearly three years, Brandt’s stance…

Ethereum’s Dive To 3-Year Low Against Bitcoin, Is This A Bear Trap? Trading Guru Weighs In Read More »

Analyst Cites Favorable Market Trends That Could See Bitcoin Touch $300,000 This Cycle

Bitcoin

Amid the renewed strength recently displayed by Bitcoin, Michael Van De Poppe, a recognized cryptocurrency analyst and trader has offered an intriguing prediction for BTC, highlighting that the crypto asset is likely to reach the $300,000 threshold in this bull cycle. Bitcoin Price Targetted At Unprecedented Heights This Cycle Over the past month, the price…

Analyst Cites Favorable Market Trends That Could See Bitcoin Touch $300,000 This Cycle Read More »

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