Fri, May 15

Ethereum Confronts Brief Price Dip Post Recent Upward Rally

In attempts to wake up from the weekend slumber, the crypto market has begun to show modest bullish signs. This can be inferred from the overall market cap showing a 2% increase. Meanwhile, Bitcoin is currently docked at the $97K level, defying hopes of $1 million BTC this weekend. This

November 25, 2024 2 mins read

Ethereum Futures Open Interest Hits $20.8B, Signaling Bullish Momentum

With a 12% increase to a record high of $20.8 billion on Friday, the futures open interest in Ethereum may be indicating positive momentum in the derivatives market. According to data from CMC, Ethereum has risen 7.31% in the last 7 days, trading at $3,279 at the time of writing.

November 23, 2024 2 mins read

Can Ethereum Overcome Resistance Levels to Hit $4.5K?

The cryptocurrency market is experiencing a robust bullish rally, with Bitcoin surpassing the $99,000 mark, inching closer to the long-anticipated $1 million milestone. Altcoins such as Solana (SOL) and XRP have also achieved new all-time highs (ATHs). However, Ethereum (ETH) struggled initially to match the momentum. Despite criticism from the

November 22, 2024 2 mins read

Why Is Ethereum (ETH) Stalling at $3.1K While Bitcoin Surges?

The largest crypto asset, Bitcoin (BTC), is in the spotlight in the crypto market, nearing the much-anticipated $100K threshold and setting a new all-time high of $97,862. The BTC rally has driven gains across altcoins, but Ethereum (ETH), the largest altcoin, remains an exception.  As Ethereum lags behind Bitcoin, the

November 21, 2024 2 mins read

Vitalik Buterin Highlights Vision for Ethereum Security and Scalability

Vitalik Buterin stesses the need for Ethereum’s Layer 1 to maintain resilience and decentralization while Layer 2 drives performance, ensuring a balanced and robust blockchain ecosystem. Vitalik Buterin Ethereum Foundations and Flexible Layers Vitalik Buterin, the cofounder of Ethereum, recently shared his thoughts on how Ethereum’s Layer 1 (L1) and

November 20, 2024 2 mins read

Can Ethereum Break Free from Its Consolidation Phase?

Ethereum (ETH) continues to grapple with resistance levels while Bitcoin (BTC) surpasses expectations, recently hitting $93,905. Ethereum, on the other hand, has failed to break above $3,300. It is currently trading at $3,110, down 0.79% in the past 24 hours. Its trading volume has also dropped by 23%, signaling weak

November 20, 2024 2 mins read

Ethereum (ETH) Faces Consolidation After Reaching $3.4K

The altcoin market saw remarkable growth this month, with SOL, XRP, ADA, PEPE, and FLOKI surging in double-digit returns. Consequently, the anticipation of the altcoin season mounts. ETH’s surge might be the missing piece to solidify the altcoin market rally. The largest altcoin, Ethereum (ETH) has stalled behind other major

November 19, 2024 3 mins read

Polter Finance Exploiter Moves 120 ETH to Tornado Cash

PeckShield reported that an address linked to the Polter Finance exploiter transferred 120 ETH to Tornado Cash, a privacy tool commonly used to obscure blockchain transactions. Polter Finance, a decentralized non-custodial lending and borrowing platform, recently suffered a devastating hack, resulting in approximately $8.7 million in crypto losses. The incident

November 19, 2024 2 mins read

Global Crypto Funds Hit Record $33.5B in 2024 Amid Recent Bitcoin Surge

A new record of $33.5 billion has been reached so far this year by global crypto funds managed by global asset managers. According to CoinShares, these funds have now had net inflows for six weeks running, with an additional $2.19 billion. The funds’ assets under management have reached a new

November 18, 2024 1 min read