Ethereum

The post Ethereum Regains $3000 Quickly, But Is it Maintaining a Short-Term Bullish Trend? appeared first on Coinpedia Fintech News The second largest token, Ethereum, has been closely following the largest cryptocurrency as the BTC price recovery has resumed, and the ETH rally has begun. The token has regained crucial support at around $3100 after marking a low of around $2800. While the market participants remain bullish over the crypto, the ETH price appears to be preparing to trap the…

Ethereum’s price has declined significantly over the weekend as a result of the rising tensions in the Middle East. Yet, there are still potential support levels available to hold the price. Ethereum Price Technical Analysis By TradingRage The Daily Chart During the daily timeframe, Ethereum’s price has formed a large bullish flag pattern. The recent drop has briefly pushed the price below the $3,000 support level, but the market has rebounded from the lower boundary of the channel. Judging by…

Binance Coin, TonCoin, NEO, and other cryptocurrencies show significant recovery, indicating potential market stability. NEO, referred to as the ‘Chinese Ethereum,’ posts a substantial 24% surge, outperforming many counterparts. The recent dip in Bitcoin and the broader cryptocurrency market represents a healthy correction rather than a cause for concern. Prominent cryptocurrencies such as Solana (+9%), TonCoin (+16%), VeChain (+13%), and NEO—often dubbed the ‘Chinese Ethereum’—(+24%) have experienced significant price increases. In a recent tweet, I highlighted my belief in a…

Guy Turner from Coin Bureau backs Ethereum layer-3 scaling, citing big potential for projects like Degen Base and Xai. Layer-3 solutions promise efficiency for gaming and DeFi, attracting attention in the crypto community. Cryptocurrency investor sentiment is shifting towards layer-3 altcoins as they gain traction in various sectors like gaming and decentralized finance (DeFi). In a recent YouTube video, crypto analyst Turner identified three layer-3 top altcoins, Degen Base (DEGEN), Xai (XAI), and Orbs (ORBS). Addressing the 2.46 million subscribers…

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 Harvest Global Investments. Hong Kong’s SFC Approves Bitcoin And ETH ETFs China Asset Management’s Hong Kong unit, as detailed in their press release, has received…

Bitcoin had one of its worst weekends in a long time but has managed to recover some ground and now trades at just over $66,000. Most altcoins plummeted even harder but have begun their recovery now. SOL, TON, ETH, UNI, MATIC, and BCH are among the top performers. BTC Rebound Starts A lot can and has been said about what transpired in the past 72 hours or so. Bitcoin was relatively calm on Friday morning, in a tight range between…

The week started on a strong note, with Bitcoin rising above $66,000, a 3.02% increase over the past day owing to Hong Kong’s ETF development. With spot cryptocurrency ETFs being all the roar, Hong Kong has joined the trend by granting approval for several spot Bitcoin and Ethereum ETFs on Monday. Hong Kong Welcomes Spot Bitcoin, Ethereum ETFs The latest move reflects the city-state’s ongoing efforts to establish itself as a leading crypto hub in the region. China Asset Management,…

The post Bitcoin & Ethereum Price Prediction: How High Can BTC & ETH Price Surge This Bull Run appeared first on Coinpedia Fintech News Crypto analyst Crypto Kid delivered a mixed message to the cryptocurrency community, sounding the alarm on a potential Bitcoin downturn. While acknowledging the short-term dip, Crypto Kid delved into the analysis of Bitcoin’s price action, highlighting the formation of a double top pattern and the significance of key support levels. He outlined potential scenarios, indicating that…

Ethereum price dived over 10% before the bulls appeared near $2,550. ETH is back above $3,000 and now faces many hurdles near $3,200. Ethereum is attempting a recovery wave from the $2,550 support zone. The price is trading below $3,250 and the 100-hourly Simple Moving Average. There is a rising channel forming with resistance at $3,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it stays above the $3,000 support zone.…