Ethereum Price Prints Bullish Pattern, Why Close Above $3,600 Is Critical

Ethereum Price Prints Bullish Pattern, Why Close Above $3,600 Is Critical

[ad_1] Ethereum price stayed above the $3,400 support zone. ETH is recovering losses, but it must clear $3,600 to continue higher in the near term. Ethereum extended its decline and tested the $3,400 support zone. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish … Read more

Bitcoin 2 Months Through “Euphoria Wave,” How Long Was The Last One?

Bitcoin 2 Months Through “Euphoria Wave,” How Long Was The Last One?

[ad_1] On-chain data shows Bitcoin has been going through a “euphoria wave” for two months. Here’s how long it was in this phase during the last bull run. Bitcoin Has Been In Euphoria Wave Phase According To Supply In Profit According to the latest weekly report from the on-chain analytics firm Glassnode, the current BTC … Read more

“Where It Should Be”: Crypto Analyst Remains Firm On $1.7 Prediction For Cardano (ADA)

“Where It Should Be”: Crypto Analyst Remains Firm On $1.7 Prediction For Cardano (ADA)

[ad_1] Investors and analysts are trying to predict Cardano’s (ADA) price’s future performance. As the price continues to show red numbers, a top crypto analyst considers that ADA is “right where it should be.” Cardano Loses 10th Spot Against Telegram’s Toncoin Cardano’s recent spotlight has highlighted its disappointing price performance and lack of appeal for … Read more

Changing Tides: Restaking Takes Center Stage In Ethereum (ETH) Staking Landscape

Changing Tides: Restaking Takes Center Stage In Ethereum (ETH) Staking Landscape

[ad_1] In recent months, the Ethereum staking landscape has witnessed significant transformations, prompting a shift in investor preferences and reshaping the sector’s dynamics.  According to on-chain data researcher and strategist at 21Shares, Tom Wan, key metrics indicate a notable change in the approach towards Ethereum staking, with restaking gaining prominence as a preferred method. Ethereum … Read more

Bitcoin Rebounds to $70K, Shrugging Off Hot U.S. Inflation Print

Bitcoin Rebounds to $70K, Shrugging Off Hot U.S. Inflation Print

[ad_1] The dip echoed through multiple asset classes, but bitcoin gradually erased all its losses, and was up over 1% over the past 24 hours, outperforming U.S. equities and gold, both of which finished with sizable declines for the day. At press time, bitcoin had slipped a bit from the $70,000 level, trading at $69,800. … Read more

Former Ethereum Adviser Intends to Sue U.S. Government for $9.6B Over Dropped Extortion Charges

Former Ethereum Adviser Intends to Sue U.S. Government for $9.6B Over Dropped Extortion Charges

[ad_1] The government denied the majority of Nerayoff’s claims in a filing of its own, including the assertion that Nerayoff’s colleague and former co-defendant on the extortion charges, Michael Hlady, was a government informant. Nerayoff’s lawyers maintain that Hlady, who was convicted of swindling Catholic nuns out of nearly $400,000 in 2010, was “insinuated … … Read more