Ethereum has returned to the $3,160 level after the highly anticipated FOMC meeting, where the Federal Reserve cut interest rates by 25 basis points. While rate cuts typically support risky assets, Jerome Powell’s comments added a new layer of uncertainty to the market. Related reading By openly acknowledging the risks of weaker growth coupled with […]
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A recent report discussed how Digital Asset Treasury (DAT) companies like BitMine and Strategy are sitting on billions of dollars in unrealized gains as Ethereum (ETH) and Bitcoin (BTC) lose crucial support levels. Related reading DATs face ‘increasing scrutiny’ On Thursday, crypto insights firm 10x Research said reported that the largest Ethereum Treasury company, BitMine […]
Advertisement     BlackRock wants to go beyond simple exposure to Ether (ETH) and participate in Ethereum’s proof-of-stake consensus system. This comes after a recent filing in Delaware revealed the $13 trillion asset management giant’s intention to enter the yield-bearing Ethereum market. BlackRock is getting closer to deploying Ether ETF BlackRock, the world’s largest asset […]
The Ethereum price did not stay above $3,150 and caused long-term losses. ETH is down more than 5% and could struggle to recover above $3,200 in the near term. Ethereum started a new decline after failing to stay above $3,150. The price is trading below $3,100 and the 100-hourly Simple Moving Average. A major bearish […]
The cryptocurrency market has been hit by a new wave of red candles, down 4.1% in the past 24 hours. Bitcoin, Ethereum and Dogecoin have all seen notable declines, with all cryptocurrencies having large market caps fall below the support level that held last week. The downturn gained momentum after claims surfaced on until the […]
Advertisement     Bitwise CEO Hunter Horsley has made one of the boldest predictions in recent memory for digital assets, claiming that every Wall Street institution will be involved in crypto within a year. Sharing his vision on XHorsley declared: “Software is eating the world. Crypto is going to eat the capital markets,” suggesting that […]
The crypto market continues to keep a close eye on the Ethereum price as the year approaches its final months. Analyst Bobby A shared his personal vision on how he sees Ethereum performing this past quarter. He said his prediction is only a loose guideline, not a strict timeline, and that people should take it […]
Ethereum is trading at critical price levels after a sharp 10% decline from the $4,750 mark, reflecting growing uncertainty in the broader crypto market. The recent correction has pushed ETH towards the $4,300 support zone, a level that bulls are now fiercely defending to avoid a deeper retracement. Despite the pullback, on-chain data suggests that […]
Ethereum is again central to the market of the market and acts at critical levels after a volatile stretch marked by uncertainty and fast swings. The second largest cryptocurrency has recovered the $ 4,400 level and a renewed bullish momentum is indicated. Investors keep a close eye on or ETH can extend this recovery to […]