The current state of the crypto market has not been favorable for Ethereum (ETH), the second-largest cryptocurrency by market capitalization. Despite its position in the market, ETH has been facing significant challenges in recent weeks. One of the key factors contributing to this struggle is the continuous selling pressure from some of the largest Ethereum
Ethereum
Semilore Faleti is a cryptocurrency writer who has delved deep into the world of journalism and content creation, with a specific focus on blockchain technology and digital assets. His passion for cryptocurrency stems from its efficiency in storing and transferring value, leading him to become a staunch advocate for its adoption. Over the course of
Ethereum, one of the leading altcoins in the cryptocurrency market, has been facing challenges in keeping up with its competitors like Bitcoin and Solana. Over the past two years, Ethereum has experienced a decline of 47% against Bitcoin and has been underperforming Solana by 6.8x since early 2023. Market analyst DeFi Ignas highlights the reasons
Samuel Edyme, known by his nickname HIM-buktu, is a multifaceted individual with a diverse set of skills. His background as a web3 content writer, journalist, and aspiring trader sets him apart in the industry. Edyme has contributed to various publications such as AMBCrypto, Blockchain.News, and Blockchain Reporter, showcasing his deep understanding of the crypto landscape.
Recently, Ethereum has faced significant challenges due to the bearish pressure in the crypto market. The price of ETH experienced multiple crashes, causing it to drop below $2,000 and dashing hopes of reaching a new all-time high in the third quarter. Despite these setbacks, one crypto analyst, RLinda, has offered an optimistic perspective on the
Samuel Edyme, also known by his intriguing nickname, HIM-buktu, is a multifaceted individual in the realm of web3 content creation, journalism, and trading. His diverse skill set allows him to navigate through the intricacies of the crypto space with ease, offering insightful perspectives and market analyses that set him apart from his peers. Edyme’s foray
Crypto analyst Javon Marks recently made waves in the crypto community by predicting a significant breakout for Ethereum (ETH). Marks suggested that ETH could experience a staggering 75% rise to reach $4,723. He highlighted the presence of bullish divergences that could fuel this parabolic rally, projecting that the breakout and divergence would be key factors
The recent trading activities in the cryptocurrency market have shown that Ethereum is approaching a crucial point in its trading pattern. The formation of a bearish triangle pattern indicates a potential significant breakout, with the possibility of a sharp decline towards the $2,160 target. In the past 24 hours, Ethereum has seen an increase of
In the volatile world of cryptocurrencies, Ethereum (ETH) recently experienced a significant downturn at the start of the week. However, there is hope on the horizon as the digital asset has shown signs of a modest recovery by reclaiming the crucial $2,600 level and aiming for the $3,000 milestone once again. The crash on August
The latest data from CoinShares has revealed a resurgence in the cryptocurrency market, with digital asset investment products attracting $176 million in inflows. This uptick in investor confidence is a clear indication of a strong and unanimous positive sentiment across the market, particularly in Ethereum-based funds. According to CoinShares’ head of research, James Butterfill, Ethereum