The price of Ethereum has been steadily increasing over the past few years, with its value currently hovering around the $1,639 mark. However, could it be possible for Ethereum to experience, a dramatic crash, pushing its value down to as low as $1,000? Technically speaking, it is certainly possible–here’s why.
The Ethereum price hit a new all-time high of $1,700 on Sunday, setting a new benchmark for the leading cryptocurrency. Therefore, signaling that ETH is poised for further upside. The landmark milestone was achieved as the Ethereum network continues to gain widespread adoption from institutions and retail investors alike. Fueled
To this point, the price of Ethereum (ETH) has been able to maintain its position above the horizontal support level of $1,600. It’s possible that breaking it will result in much lower prices with a bearish moment. According to the Wolf Of All Streets, a crypto trader and investor commented
The NFT collection from the former U.S. President, Donald Trump, has drawn much attention in the world of NFTs (non-fungible tokens) since its launch. The much-hyped Donald Trump NFTs have obtained great attention, even in the gloomy circumstances of the NFT industry. However, as the hype surrounding Donald Trump’s NFT
Logan Paul, a well-known American YouTuber, has become a developer and launched the NFT game CryptoZoo in September 2021. And now it is reveals that he recruited criminals and that the project was a scam. And faced backlash when crypto detective Stephen Coffeezilla published three parts of a video series
The global cryptocurrency market currently signals a bullish outlook. Due to the markets’ sudden “green turn,” the leading cryptocurrencies are witnessing a positive price momentum, with their values increasing during the last 24 hours. According to CoinMarketCap (CMC), the market’s dominant cryptocurrency, Bitcoin (BTC), is currently trading at around $16,733.30
Ethereum was created on July 30, 2015, and it is the second-largest cryptocurrency. Since its inception, the price of Ethereum (ETH) has fluctuated between highs and lows, and it is the home of smart contracts and decentralized applications (dApps), contributing to a large portion of the total value locked in
The Ethereum core developer has announced that the next major upgrade, the Shanghai upgrade, will be released on March 2023, and this upgrade will allow users to permit their staked ETH withdrawals. According to the Duna Analytics crypto data tracker, some of the 15.57 million ETHER, or nearly 13% of
Crypto Influencers were compelled to clarify that an inside joke regarding Wrapped Ethereum’s (wETH) “insolvency” over the weekend was just a “shitpost” after some members of the community mistook it for the truth. On November 26, false rumors claiming that wETH is insolvent and not backed 1:1 by Ether (ETH)
The Federal Open Market Committee (FOMC) members usually release the updated reports of the inflationary scenario in the economy. Further the FOMC meeting held on November 1-2 will be revealed tomorrow with the current insights of the crypto markets. As the entire investor community is awaiting for the release, the
