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After a testing start to the year, Ethereum (ETH) is roaring back to life, notching a surge by more than 44% in just three days.The rally, which saw ETH climb from $1,800 to over $2,600, marks the asset’s strongest three-day performance since January 2021.Institutional AccumulationThe price jump als…
Ether’s market capitalization surged 42% in five days following the successful launch of Ethereum’s Pectra upgrade on its mainnet. On May 12, the company data tracker 8marketcap showed Ether surpassing Coca-Cola and Alibaba, ranking as the world’s 39th-largest asset by market capitalization. ETH wa…
Ethereum staking protocol Lido remains "fully secure and operational" after an attacker compromised one of its protocol reporting oracles, draining nearly 1.5 ETH and sparking an emergency DAO vote to rotate the oracle's address. Chorus One, which operates the oracle, said the attack appears to be a…
Ethereum price started a fresh surge above the $2,350 zone. ETH is now up over 35% and consolidating gains near the $2,500 zone.Ethereum started a fresh surge above the $2,350 resistance.The price is trading above $2,400 and the 100-hourly Simple Moving Average.There is a connecting bullish trend li…
Key points:Bitcoin holds on to its recent gains, increasing the possibility of a retest of the all-time high at $109,588.BlackRock’s spot Bitcoin ETF records 19 days of successive inflows, showing solid demand. Select altcoins are showing strength, having broken out of their large basing patterns.Bi…
Key Takeaways:Veteran trader Peter Brandt suggests a potential Ethereum rally to $3,800–$4,800 if ETH breaks above a rising wedge pattern.A short-term pullback may occur as the taker buy-sell ratio drops below one, signaling caution from futures traders.Ethereum’s native token Ether opened its week…
Top Stories of The WeekMashinskys 12-year sentence sets tone of enforcement in Trump eraThe US federal court for the Southern District of New York has sentenced former Celsius CEO Alex Mashinsky to 12 years in prison for fraud. Mashinskys legal team sought a light sentence. They highlighted his spot…
Sellers are not ready yet to seize the initiative on the first day of the weekend, according to CoinStats.CoinStats">The price of Ethereum has gone up by 4.33% since yesterday.TradingView">On the hourly chart, the rate of ETH might have set a local resistance of $2,448. As most of the ATR has been …
Key takeaways:Ether is set for its best weekly gain since May 2021.Ethereum’s Pectra upgrade, mega-whale accumulation, and a major short squeeze fuel the rally.Technical patterns suggest a potential 40% rally toward $3,400 as ETH bounces off key support.Ether is on course to record its best weekly …
Remember the phrase – be fearful when others are greedy and be greedy when others are fearful? Well, there’s a similar notion going on in the cryptocurrency space, as certain assets tend to do the opposite of what the crowd expects from them.This has been the case with Ethereum in the past few weeks…
Key takeaways:Ether breaks multimonth downtrend as traders target $3,000 ETH price.Ethereum TVL surges 41% to $52.8 billion in 30 days, with a 22% rise in daily transactions to 1.34 million, signaling strong network recovery.Technicals show ETH price faces major resistance at $2,100-$2,800.Ether is …
Ethereum’s price action may have struggled to gain traction in recent weeks, but an interesting long-term macro indicator is showing signs of early recovery beneath the surface. Particularly, a macro trend oscillator created by a crypto analyst known as Decode on social media platform X has begun to…