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Opinion by: Alisia Painter, chief operating officer of Botanix LabsWithout Ethereum, the industry wouldn’t be where it is today in terms of bringing decentralized finance (DeFi) to life, making programmability a key feature of blockchains and proving the value of smart contracts at scale. The Ethere…
The ten-day streak of inflows into U.S.-based spot Bitcoin ETFs, the longest seen so far this year, ended Friday after Fidelity’s FBTC fund recorded $93.16 million in outflows. Other funds saw negligible activity.While Fidelity's FBTC was the only fund to record outflows on Friday, it had logged $97…
Ether price fell 9.3% between March 26 and March 28, testing the $1,860 level for the first time in two weeks. This correction led to over $114 million in liquidations of leveraged ETH futures and caused the premium relative to the regular spot market to drop to its lowest level in over a year. Som…
Ethereum price remained supported above the $1,980 level. ETH is now consolidating and remains at risk of a downside break.Ethereum struggled to continue higher above the $2,050 resistance level.The price is trading below $2,020 and the 100-hourly Simple Moving Average.There is a connecting bearish …
Ethereum price remained supported above the $1,980 level. ETH is now rising and might aim for a move above the $2,050 resistance.Ethereum corrected lower and tested the $1,980 support level.The price is trading below $2,040 and the 100-hourly Simple Moving Average.There is a connecting bearish trend…
Ethereum developers activated the Pectra upgrade on the Hoodi testnet on Wednesday as part of Ethereum's methodical approach to achieving a stable mainnet deployment.The move is potentially the final planned test before it is possible to be deployed to Ethereum's mainnet in the second quarter of the…
Ethereum price started a recovery wave above the $2,020 zone. ETH is now consolidating and facing hurdles near the $2,080 resistance.Ethereum started a recovery wave above the $2,020 level.The price is trading above $2,025 and the 100-hourly Simple Moving Average.There is a connecting bullish trend …
At this time, Bitcoin is at a level where things might turn out ugly. Concerns regarding the sustainability of the move are followed by the fact that despite breaking above a local ascending trendline, trading volume is not confirming this breakout. The bullish breakout is undercut by the declining …
The amount of ETH burned as a result of transaction fees hit an all-time low on Saturday, signaling a significantly reduced demand for Ethereum's blockspace. Ethereum's EIP-1559 change, which simplified the transaction fee process, also requires that the network burn all ETH used to pay the base tra…
Most of the coins are in the green zone at the beginning of the weekend, according to CoinMarketCap. CoinMarketCap">The price of Ethereum has risen by 2.38% over the last 24 hours.TradingView">On the hourly chart, the rate of ETH might have set a local resistance of $2,006. As the price is far from…
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Toncoin in greater detail.Ethereum (ETH)For the first time in over three weeks, Ethereum closes the past seven days in green with almost a 4% gain. This comes after the price bounced on the key support at $1,800 and briefly revisited…
Ethereum has experienced a crucial surge above the $2,000 mark, a key level that bulls have struggled to reclaim since March 10. This breakout brings renewed optimism, as analysts believe a stronghold above this level could trigger a rally toward higher prices. However, if ETH fails to maintain supp…