Fri, November 15

Ethereum Price Turns Green Ahead of Significant Dencun Upgrade

Even if the crypto market as a whole is consolidating, Ethereum’s price has been rising over the last day. Though Invesco and Galaxy Digital’s spot Ethereum ETF approval was delayed by the U.S SEC recently, the price of Ethereum soared to $2,400 lately. There is a lot of hope among

February 7, 2024 2 mins read

Bitcoin Breaks Above $43K Threshold Amidst Prolonged Consolidation

Crypto asset management company CoinShares stated that institutional crypto products had net inflows for the first time in three weeks in their most recent report. Following a precipitous drop of $500 million the week before, investors flooded the crypto market with $708 million last week. The most recent data shows

February 7, 2024 2 mins read

Ethereum Bulls And Bears At a Crossroads: What Lies Ahead?

Ethereum, the second-largest digital asset by market capitalization, finds itself at a crossroads with recent developments sparking both excitement and apprehension among investors. The cryptocurrency, after a four-day struggle, saw a notable uptick, reaching $2312, a move closely monitored by the crypto community. However, this momentum is now overshadowed by

February 6, 2024 2 mins read

Ethereum Consolidates Around $2300 as Bulls Eye Strong Comeback

The price of Bitcoin (BTC) dropped below $43,000 again, and several altcoins also seemed sluggish. Ethereum (ETH) has been consolidating around the $2,300 mark for some time now. Nonetheless, on-chain evidence points to a possible substantial upswing in the near future. Forecasts for future rises are being made by experts

February 5, 2024 2 mins read

BTC Falls Below $43K Despite Bitcoin ETF Momentum

Despite Bitcoin’s (BTC) attempts to breach the $43,500 resistance level, it faced challenges in extending its gains, slipping below $42,800 in recent trading sessions. At the time of writing, Bitcoin was trading at $42,701, with a slight decline of 0.57% in the last 24 hours. In contrast, BlackRock and Fidelity’s

February 5, 2024 2 mins read

Why Bitcoin Is Struggling to Surpass the $43.5k Barrier?

Bitcoin (BTC), the largest cryptocurrency, has kept its investors on edge with a stagnant price movement in recent weeks. Currently, experiencing a modest surge of 0.33% in the last twenty-four hours and a 3.16% increase over the past seven days, it has slightly broken the tight trading range between $40,000

February 3, 2024 1 min read

Bitcoin Bulls Gain Momentum as Price Rebounds Over $43K Level

After Bitcoin and altcoins plummeted post Jerome Powell’s speech, the cryptocurrency market has swiftly recovered. According to the chairman of the Federal Reserve, the members of the Federal Open Markets Committee (FOMC) did not believe that interest rate reduction could be implemented by March.  The outcome was a negative market,

February 2, 2024 2 mins read

Ethereum Faces Downturn as Selling Pressure Erodes Recent Price Gains

January recorded heavy selling pressures in the crypto market, disappointing investors, while the NFT sector saw substantial rises. Consequently, NFT collection index prices increased by almost 10% in January, far outperforming Ethereum which increased by little more than 2%. According to renowned cryptocurrency expert Michaël van de Poppe, Ethereum is

February 1, 2024 2 mins read

Bitcoin Faces Brief Correction as FOMC Decision Looms

Marathon Digital Holdings Chairman and CEO Fred Thiel said on a recent edition of The Pomp Podcast that the impending halving puts Bitcoin in a better position for a greater rate of appreciation. Especially when compared with gold. Also, it should make things more stable when the market isn’t doing

January 31, 2024 2 mins read

Will Ethereum’s Current Recovery Phase Lead ETH Hitting $2.5K?

Ethereum, the second-largest cryptocurrency by market capitalization, showcased a notable recovery yesterday, breaking free from a two-week bearish trend. In the second week of January, ETH reached a 20-month high of $2,710 but dipped to $2,168 eight days ago. Despite the setback, ETH has experienced a 7% surge in the

January 31, 2024 2 mins read