Ethereum

Mike Novogratz, the CEO and founder of Galaxy Digital, shared his insights on the current state of the cryptocurrency market. According to Bloomberg, Novogratz predicts that Bitcoin (BTC) will likely remain within a relatively narrow trading range for the current quarter as the adoption of cryptocurrencies in traditional finance continues to evolve. Stagnant Crypto Market Per the report, Novogratz described the current phase in the crypto market as a consolidation period. He emphasized that Bitcoin, Ethereum (ETH), and other cryptocurrencies, including…

Ethereum (ETH) options for June show a marked interest in higher strike prices, focusing on levels exceeding $3,600. Data from Deribit reveals a concentrated bet among traders on calls surpassing this price, indicating a bullish sentiment toward Ethereum’s near-term trajectory. The most favored strike price among these optimistic bets is an ambitious $6,500. Options Market Bullish On Ethereum  Notably, options are contracts that give traders the right, but not the obligation, to buy (in the case of calls) or sell…

The post Ethereum Struggling At Crucial Support, What Are Bears Targeting?  appeared first on Coinpedia Fintech News Ethereum plummets down breaking support zones and still relying on the main uptrend support of $2880. The overall trend trunks bearish again after increased selling pressure.  A reversal can be seen if the buyers keep the price above MA lines ( $2900)  The biggest altcoin Ethereum(ETH) was rejected at $2996 and now heading down toward the main uptrend support level at $2880. Currently…

The crypto market is increasingly moving away from Solana (SOL) and Ethereum (ETH) meme coins. Instead, traders are switching focus to coins with utility as utility season beckons. In the lead of such a shift is Rollblock (RBLK) – a Stage 1 presale star that many analysts hint to become the next $1 break out crypto star in 2024. Solana (SOL) Reveals Arcium Solana (SOL) has recently been making waves in the crypto market. Notably, Solana announced that the first parallelized…

Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has been a rollercoaster ride for investors lately. After dipping below $2,820, it surged to over $3,200, only to retrace some of those gains. However, analysts remain optimistic, citing technical indicators and a key regulatory decision on the horizon as potential catalysts for a near-term price increase. Ethereum Price Poised For A Breakout? Technical analysts are pointing to bullish signals suggesting a potential bounce back for Ethereum. Analyst Titan Of Crypto…

Polkadot and Ethereum are blockchains that fulfill different roles and have emerged as industry leaders, gaining significant attention and traction. Polkadot is a heterogeneous multi-chain protocol capable of hosting multiple layer1 blockchains, allowing them to partake in shared security. On the other hand, Ethereum is a general-purpose blockchain that hosts the Ethereum Virtual Machine (EVM).  What Is Polkadot Polkadot is a unique platform that allows different blockchains to work together through a novel feature called parachains. The primary goal of…

The post Bitcoin Price Successfully Reclaims $62K Mark Whereas Ethereum Continues Its Struggle! appeared first on Coinpedia Fintech News The crypto industry has recorded a significant jump of 1.76% in its valuation with the price of Bitcoin displaying a rise of $1,819.10 (2.73%) and a trading volume of $27.801 Billion (+64.23%) within the past day. However, the altcoin leader, ETH Price, struggles to reclaim the $3,000 mark and continues to hover close to it with a 24-hour high of $2,994.87…

Ethereum price is attempting a recovery wave from the $2,865 support. ETH might start a fresh surge if it clears the $2,960 resistance zone. Ethereum remained stable and attempted a recovery wave above $2,900. The price is trading below $2,950 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend line with resistance at $2,930 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a major increase if there is…

Ripple’s chief technology officer, David Schwartz, disclosed his purchase of 40,000 Ethereum (ETH) during the ICO days, which he later exited at $1. Had he retained his investment until now, its value would have surpassed $100 million as of the current Ethereum price. Ripple’s chief technology officer David Schwartz recently shared some details about his Ethereum purchases in the early days of the Initial Coin Offering (ICO). during the early days of the ICO, the Ripple CTO purchased a total…