Ethereum

Institutional investors have shifted their attention from Ethereum to competing layer-1 blockchains of late, with capital inflows for altcoin investment products increasing last week while Ether (ETH) products posted outflows for the third week in a row. Data from CoinShares’ latest Digital Asset Fund Flows report shows that investors last week (ending on Friday) loaded up on $3.5 million worth of Avalanche (AVAX), Solana (SOL), Terra (LUNA) and Algorand (ALGO) funds while capital outflows… Source link

Bulls are upbeat Ethereum’s (ETH-USD) crypto dominance is set to become more absolute No wall of worry climbing, risk asset correlation and price action troubling for ETH Ethereum bears and bulls have key price levels to enable stronger trade decisions A jump in Covid-19 cases in China is the headline drag on risk assets of all types Monday. That includes cryptocurrency asset Ethereum (ETH-USD), which moved lower and in lockstep with other heavyweights such as the S&P 500 before… Source link

Kameleon007/iStock Unreleased via Getty Images With Ryan Wilday and Avi Gilburt The news is getting pretty bearish out there on Ethereum. This year has been awash with new speculation about delays in the launch of the Proof of Stake conversion also known as ETH 2.0. Additionally, there have been bearish-leaning reports about drops in TVL (Total Value Locked) and how much that appears to correlate with price. Lastly, it’s been deemed news-worthy that Jack Dorsey is something of an Ethereum… Source link

Bitcoin and ethereum have been highly volatile this year as risky assets sell off. Tammy Da Costa, an analyst at DailyFX, shared how each token should trade this year. Here’s why Tesla CEO Elon Musk’s plan to buy Twitter may also boost dogecoin. Choppy trading has defined the cryptocurrency market so far in 2022, and investors should expect more of the same for the… Source link

Ethereum is planning its next promotional stunt to attract more investors to it Ethereum became quite popular as one of the most popular cryptocurrencies, posing great competition to Bitcoin. At a time, when Bitcoin was the face and heart of the crypto market, Ethereum surged and became the second-largest cryptocurrency. When the world is busy adopting Bitcoin as its legal tender, Ethereum stands still being the second best, and probably soon to become the best. This increasing competition… Source link

Ethereum price saw a fierce rally this week that made new highs against last week. ETH price sees technical indicator tilting higher, pointing to the end of the technical death cross. Expect to see a pop higher into next week, with ETH first hitting $3,391.52 before trying to punch above $3,687.17. Ethereum (ETH) price was in the danger zone after price traded below the 55-day Simple Moving Average (SMA) near $2,986.86. But bulls stepped in and used the area… Source link

Ethereum price shattered in the previous days after crossing the holy $3500 barrier in early April. In the past 36 hours, the ETH prices have fallen below $3000 after anticipations of the FOMC got through. The crypto ecosystem had been worried about the Federal Chair meet on Thursday which did not end well. To arrest inflation, the Fed has been under pressure to raise interest rates after resisting it throughout 2021. On Thursday, Federal Reserve Chair Jerome Powell statement raised alarm… Source link

Key Takeaways Bitcoin and Ethereum have declined by more than 8% over the past 48 hours.  One technical indicator suggests that both assets could soon rebound.  Still, the high optimism levels among traders suggests that a short squeeze could be approaching. Share this article Bitcoin and Ethereum have reached vital support levels, collecting enough liquidity for a potential rebound. However, from a long-term perspective, a long-squeeze appears to be underway. Bitcoin, Ethereum on… Source link

by Analytics Insight April 23, 2022 Several factors will make Bitgert the next Ethereum or give this cryptocurrency Ethereum -like gains. A huge chunk of crypto investors today missed Ethereum’s early entry, which made a lot of investors millionaires. Most of them have not gotten a chance to invest in such a project. But imagine buying a coin today that is in the exact state Ethereum was in 2015? That’s what Bitgert (BRISE) is offering. If you missed Ethereum’s early entry, Bitgert… Source link

Bitcoin price is likely to collapse as smart money has trapped longs.  Ethereum price action shows concerning sell signals. XRP price action is most optimistic, the invalidation levels are vital. The cryptocurrency market is in an unfortunate spot. Traders may have been enticed to jump the gun following Monday’s rally, which played right into smart money’s game plan as they are still in control of the downtrend. Bitcoin, Ethereum and XRP price could experience… Source link