The price of Ethereum has been fluctuating within a consolidation zone, ranging from $3,949 to $3,627. This follows a recent rally that resulted in a 10% increase in the price of the cryptocurrency. The current price stands at around $3,752, showing a 0.66% rise above the 100-day Simple Moving Average (SMA). Analyzing Ethereum’s chart on
Ethereum
OpenSea, a prominent NFT marketplace, recently introduced its “Get Based” series. This initiative aims to shine a spotlight on artists who are creating on Coinbase’s Base network, an Ethereum Layer 2 (L2) solution. Throughout the summer, up to 15 artists will have the opportunity to showcase their works through this series. The first drop in
As the clock ticks closer towards the end of the Dogeverse (DOGEVERSE) presale, investors around the world are eagerly anticipating the final opportunity to participate in this unique multi-chain offering. With the presale set to conclude on June 3, 2024, at 10 am UTC, the excitement surrounding the $DOGEVERSE meme token is reaching its peak.
Thomas Fahrer, co-founder of Apollo, a firm focused on Bitcoin adoption, has issued a stark warning regarding the potential market dynamics following the approval of spot Ethereum ETFs. As the market anticipates this new development, Fahrer suggests that the transition might not be smooth for Ethereum. He pointed out that the Grayscale Ethereum Trust, launched
Recently, a Bernstein report has shed light on the potential approval of a spot Ethereum (ETH) exchange-traded fund (ETF) in the United States. This approval could set a precedent for the classification of Solana (SOL) as a commodity. The classification of cryptocurrencies as either securities or commodities carries significant implications for the industry as a
The cryptocurrency market is a volatile and ever-changing landscape where investor sentiments can dictate the direction of a particular coin. In recent news, Floki Inu (FLOKI) holders have been making waves by dumping their FLOKI holdings in favor of a new ICO called 5thScape. The allure of potential gains of up to 1,700% has enticed
Recently, Bybit crypto exchange CEO, Ben Zhou, has refuted claims circulating on social media regarding the alleged insolvency of the exchange. These rumors started to surface this week on social media platforms, with speculations suggesting a bug in a proof-of-reserves graph from Arkham Intelligence may have initiated the gossip. Zhou was quick to dismiss these
Recent on-chain data suggests that Ethereum whales have been making large transactions, indicating increased activity among these major players in the market. The Number of Large Transactions metric, which tracks Ethereum transactions valued at over $100,000, has seen a significant spike. This surge in large transactions implies that whales are actively moving their assets around,
A well-known cryptocurrency trader, Titan of Crypto, has recently made a bold prediction regarding the future of Ethereum (ETH). According to Titan of Crypto, Ethereum is on the brink of a significant rally, with a target price set at $5,300. This forecast has caught the attention of the crypto community due to the expert’s track
The LidoDAO (LDO) price has experienced a significant surge of 26% in the past week, driven by expectations of an imminent approval of spot Ethereum ETFs by the SEC. LDO serves as the native crypto of the decentralized staking platform Lido, as well as the governance token for the Lido decentralized autonomous organization (DAO). Despite