Ethereum’s Aug. 4 decline could have been fueled by the liquidation of a portion of long positions in perpetual futures, the Grayscale report concluded. The crypto asset’s decline was epitomized by its over 7% drop in just three minutes on Aug. 4. Jump Crypto’s rumored offloading of more than 17,500 ether coins, as well as […]
As of July 15, 2024, ethereum (ETH) maintains its bullish trajectory, showing promising signs across various technical indicators. With its current price at $ 3,341 and a market capitalization of $ 401 billion, ether has demonstrated strong performance over recent trading sessions. Ethereum The 1-hour chart illustrates ethereum’s short-term uptrend, moving from a …
According to Tycho Onnasch, co-founder of Zest Protocol, new programming capabilities which can be added to Bitcoin could help the leading crypto asset cancel out Ethereum’s early advantage of being able to deploy decentralized finance (defi) on Layer one (L1). Onnasch argued that once enough Bitcoin Layer two solutions (L2s) are deployed and trusted by […]
As ethereum continues its price fluctuations, technical indicators on the 1-hour, 4-hour, and daily charts suggest a bearish outlook with mixed trading signals. Despite some bullish undercurrents, the predominant sentiment remains cautious. Ethereum Ethereum’s (ETH) price action has shown a downward trend on the 1-hour chart, marked by a series of lower highs and lower […]
As ethereum marks a significant price of $ 2,250, its movement within a 24-hour range of $ 2,151 to $ 2,271 reflects strong activity in the crypto market. With a substantial trade volume of $ 26.82 billion and a market capitalization of $ 269 billion, ether demonstrates its continued and …