Recent analyses of Ethereum (ETH) have indicated a potential rebound on the horizon, with the TD Sequential indicator on Ethereum’s daily chart issuing a strong buy signal. This signal, as highlighted by analyst Ali on social media platform X analysis, suggests that Ethereum could experience an upward movement lasting one to four candlesticks. This positive
Ethereum
The cryptocurrency market has been relatively stagnant, but today shows a glimmer of hope with Ethereum (ETH) trading at $2,977.88, marking a 2.6% increase over the past 24 hours. Despite this short-term increase, senior market analyst Alex Kuptsikevich highlights Ethereum’s challenges. The ongoing consolidation near the lower end of its price range and a “death
Ethereum, the second-largest cryptocurrency, has recently shown signs of bullish momentum according to crypto analyst Javon Marks. One of the key metrics highlighted by Marks is the formation of a bull flag-like price structure on the Ethereum chart. This pattern indicates a potential continuation of the upward trend in Ethereum’s price. Additionally, Marks pointed out
Ric Edelman, founder of the Digital Assets Council of Financial Professionals and Edelman Financial Services, recently discussed his bold prediction for the future price of Bitcoin. In his interview with Yahoo Finance, Edelman highlighted the potential for Bitcoin’s price to soar to $420,000, driven by global asset diversification. This forecast has sparked both excitement and
In a world dominated by dystopian settings and rogue AI threats, the game Shutdown, developed by Garage Studios, offers players a unique and immersive gaming experience. Drawing inspiration from popular titles like Diablo and Path of Exile, Shutdown introduces a new element to the mix with its collaboration with Immutable zkEVM. This cutting-edge technology brings
In the world of cryptocurrency investing, there is a mysterious figure known as the ‘King Shrimp’ who has recently made headlines for their strategic investment moves. This individual, who was previously monitored by Crypto.News, has significantly increased their holdings of the Mollars token presale. By consistently buying into the presale or utilizing dollar cost averaging,
The Ethereum (ETH) options market for June is currently showing a notable interest in higher strike prices, particularly those exceeding $3,600. Traders seem to be focusing on call options surpassing this price level, indicating a bullish sentiment towards Ethereum’s near-term trajectory. Among these optimistic bets, the most favored strike price appears to be a lofty
The cryptocurrency market saw some interesting movements today, with meme coin FLOKI leading the pack. FLOKI, inspired by Elon Musk’s pet Shiba Inu, has surged by 8.8% in the last 24 hours, currently trading at $0.0001887. This recent increase has benefited long-term HODLers, with a 28% gain over the last 30 days and an impressive
In a recent report by Farside Investors, it was highlighted that on Monday, May 13, Hong Kong’s spot Bitcoin and Ethereum ETFs experienced a significant outflow of $39.3 million. This outflow marks the highest amount since the products were first introduced on the Hong Kong Stock Exchange on May 2. The outflow was mainly from
Polkadot has recently made significant improvements to its network performance, enhancing both the speed and capacity for processing transactions. One of the key advancements that have been recently implemented is the Asynchronous Backing mechanism on the network. This optimized approach for validating parachain blocks by the Relay Chain has resulted in blocks being produced twice