The price of Ethereum has recently surged, surpassing $2,000, after BlackRock’s filing for a Spot Ethereum ETF with the Delaware Department of State. Moreover, Dune Analytics found that as demand for network block space has risen, the transaction costs on Ethereum have climbed dramatically. During the last day, the cost
Bitcoin’s recent meteoric rise to $37,967, a level not witnessed in nearly two years, has caught the attention of cryptocurrency enthusiasts and investors. This surge can be attributed to the growing anticipation surrounding a Bitcoin Exchange-Traded Fund (ETF) and increased interest from major institutional players. Analysts at Bloomberg have weighed
Despite the fact that some market watchers predicted that Bitcoin’s price wouldn’t be able to break above $36,000 by the close of the week’s trading session, it did just that. Many traders were taken off guard when the price of Bitcoin surged beyond $36,500 and hit nearly $37,000. After being
Ethereum, the second-largest cryptocurrency, just hours ago reached a four-month high of $1,929, breaking the key resistance level of $1,900. At present, it is trading at $1,919, reflecting a 3% gain over the past 24 hours. Data from IntoBlockchain indicates that Ethereum remains in a “mostly bullish” position, with strong
Bluntz, a well-known crypto analyst and trader who accurately predicted Bitcoin’s price bottom in 2018, has predicted that Ethereum would have a significant climb in the coming months. The expert has made an optimistic prediction and observation on ETH. The analyst published a graphic on Twitter predicting a surge in
2023 has proven to be a year of fluctuation in the cryptocurrency market, characterized by both significant gains and notable declines, largely influenced by bearish trends. But in Q4, the bulls displayed exponential strength, with Bitcoin, the largest cryptocurrency, leading the way. Just a week ago, BTC reached an 18-month
When comparing the blockchains with the highest total value locked (TVL) in DeFi, Ethereum, the leading altcoin and smart contract platform, had its TVL drop by 0.25%, to $24.05 billion, but it still leads the pack. Moreover, according to CoinShares’ most recent weekly report, $767 million has flowed into digital
Bitcoin (BTC) has found itself caught in a stiff consolidation phase, with price levels swinging between $34,800 and $35,250. Despite several attempts by the bulls to break through the resistance at $35,250, the bears have proved strong around the $35,300 and $35,550 levels. This week, Bitcoin made multiple efforts to
Defunct crypto exchange FTX has submitted a petition to the Delaware bankruptcy court for the liquidation of trust assets held by Grayscale and Bitwise estimated to be worth $744 million. Statements from FTX and its debtors indicate that they expect this approach to facilitate preparation for payments to creditors in
Ethereum, the second-largest cryptocurrency by market capitalization, is experiencing some challenges in maintaining its recent bullish momentum. ETH bulls reemerged in the final week of October, propelling the price to reach a four-month high of $1,912 yesterday. However, over the past 24 hours, Ethereum has encountered high volatility, resulting in
