The recent surge in the crypto market has led to a pullback, with Bitcoin hitting a new all-time high. However, Ethereum (ETH) is also experiencing a downward trend after reaching a yearly high of $4,094. The price of Ethereum has been moving below the 100-day Moving Average (MA) in the 1-hour and 4-hour timeframes, raising
Ethereum
Ethereum (ETH) is on the brink of significant advancements with the impending Dencun upgrade aimed at improving the network’s scalability. However, amidst this positive outlook, QCP Capital, a reputable crypto asset trading firm, has brought to light an emerging trend that could potentially impact Ethereum’s price trajectory. The firm’s analysis points towards a shift in
Ethereum (ETH) recently underwent a significant software upgrade known as Dencun. This update is specifically aimed at improving the efficiency and cost-effectiveness of Layer 2 (L2) networks that are interconnected with Ethereum, such as Arbitrum, Polygon, and Coinbase’s Base. The primary focus of the Dencun upgrade is to reduce transaction costs on these networks, making
In the world of cryptocurrency, Ethereum is currently on the rise and looking to solidify its position above the $4,000 price level. Analyst Ali Martinez has indicated that there is strong bullish momentum in the market, with the potential for Ethereum to hit $5,000 in the near future. Martinez mentioned that data from IntoTheBlock supports
Ethereum (ETH) has been on a bullish run, surpassing the $4,000 mark for the first time since December 2021. This surge has been fueled by a combination of positive factors, including the anticipation of a US-based Ethereum ETF approval, the upcoming Bitcoin halving event, and a surge in on-chain activity. These factors have led to
The highly anticipated Dencun upgrade for the Ethereum (ETH) ecosystem is set to revolutionize Layer 2 (L2) networks by bringing about significant cost reductions and innovative changes. Scheduled for release on March 13, this upgrade will introduce a new data storage system called blobs, which aims to alleviate congestion on the Ethereum network and introduce
Cryptocurrency enthusiasts are currently buzzing with excitement as Ethereum (ETH) experiences a bullish weekend. The world’s second-largest cryptocurrency by market capitalization has seen a price surge of 4.31% in the last day, bringing it closer to the critical resistance point of $4,000. This surge is being driven by a combination of factors that are fueling
The surge in the cryptocurrency market has brought about a renewed interest in Ethereum-based altcoins. According to on-chain data analyzed by Santiment, several altcoins have recently experienced a significant increase in whale activity. This activity is reflected in the whale transaction count, which tracks transfers valued at $100,000 or more on the network. In this
Ethereum, the second most valuable blockchain, is often hailed as the future of finance, with its smart contract capabilities and potential for market transparency. Despite its current price of $3,780 and recent gains, experts believe that Ethereum has yet to reach its full potential in terms of institutional adoption. Robby Greenfield, CEO of Umoja Labs,
Recently, Bitcoin surged past its all-time high, causing Ethereum to follow suit and rally above $3,800. However, this bullish momentum did not last, as Ethereum’s price crashed over 10% shortly after reaching this milestone. The dip brought the price down to as low as $3,360, causing concern among investors. Despite this setback, Ethereum managed to