Author: admin

Technical price indicators suggest that Ether could reach $5,400 in 2024, helping traders assess the market situation of the cryptocurrency.Author binhdangg, verified by CryptoQuant, announced the findings in a post on X. According to the Mayer Multi-Oscillator, a ratio based on the comparison of Ether's current price and its 200-day moving average (MA), in a high-risk scenario Ether could reach a stock price of $5,400.Ether price could rise to the upper end of the index, but Bitfinex analysts said this could happen at a price significantly higher than $5,400. The price of Ether is currently trading above $3,400, approximately 27%…

Cryptocurrency experts and analysts Based on their opinions As for how Bitcoin will rise in this bullish cycle, some say the flagship crypto token could rise. Up to $237,000. Now, this crypto expert has made a more ambitious price prediction, increasing the chances of Bitcoin reaching $500,000. Bullish sentiment indicates Bitcoin could reach $500,000 Cryptocurrency analyst Michael van de Poppe Mentioned by X (formerly Twitter) post He said there is “definitely a chance” that BTC could reach $500,000 in the long term. He based this claim on “overly bullish sentiment,” which is great for Bitcoin. Michael van de Poppe said…

The Securities and Exchange Commission is looking to use Ethereum's recent switch to proof-of-stake to regulate it. Jakub Porzycki—NurPhoto/Getty Images The risk of a fierce war between the Securities and Exchange Commission and the crypto industry is increasing.as luck Reports on Wednesday said authorities are going after Ethereum, issuing subpoenas to U.S. companies to provide all records of their transactions with foundations that oversee the blockchain. This is a big problem because much of the crypto industry is built on top of Ethereum, not just applications but even entire secondary blockchains like Polygon. If the SEC moves forward with its…

Eric Balchunas, senior at Bloomberg Bitcoin ETF Analysts suggest that global Bitcoin price performance is independent of Spot Bitcoin ETF trade flows. While the BTC ETF activity that triggers Bitcoin trades is typically implied to determine Bitcoin market movements, Balciunas noted that “larger forces” also influence the game.This statement comes against the backdrop of significant outflows from the Grayscale Bitcoin investment ecosystem that show no signs of slowing down. GBTC recorded another $281.57 million in outflows on Wednesday. Since the beginning of this week, total outflows from U.S. issuers have exceeded $748 million, indicating a major shift in investment trends.On…

Last update: March 21, 2024 15:23 EDT | 1 minute read Vitalik Buterin proposes rainbow staking to counter Ethereum's centralization risk. Image by Trent Allan, Midjourney Ethereum co-founder Vitalik Buterin has announced a new “Rainbow Staking” framework that could help decentralize control of the protocol by the network’s biggest players.Vitalik to centralize ETH staking at ETHTaipei 2024Speaking at the ETH Taipei 2024 event on Wednesday, the renowned developer highlighted the over-concentration of ETH staking supply by centralized providers, including government-regulated exchanges like Coinbase and Binance.Vitalik said that while these staking providers have not colluded for any nefarious purposes so far,…

Feeling bullish? Today, crypto traders woke up and chose to hit the “buy” button, with 90% of the top 100 coins by market cap skyrocketing in price over the past 24 hours. Bitcoin and Ethereum Today they are up about 5% and 7%, respectively, as are many other top stocks. Altcoins are doing even better. This event is all the more impressive given that this came after a short period of panic, during which Bitcoin experienced its worst day since November 9, 2022, dropping 14.4% in 24 hours. . Currently leading the way among alternatives is ONDO, the best-performing cryptocurrency…

There's a new sheriff in town! Word on the street is that this new cryptocurrency could become the next big thing after Solana and Ethereum. With such a high claim, this new coin caught the attention of Ethereum and Solana investors and analysts looking for huge profits. Here, we reveal experts' views on the growth of this new challenger and whether it is a threat to Solana and Ethereum's dominance. Recent Ethereum news breeds skepticism The Ethereum ecosystem recently received the following news from CoinDesk: “The Ethereum Foundation is under investigation by national authorities.”To be clear, the Ethereum Foundation is…

The digital asset market appeared to be back on the upswing on Thursday after suffering a significant decline in the first half of the week. This includes Ethereum, which has been revealed to be the subject of a legal campaign by the U.S. Securities and Exchange Commission (SEC) to restate its security status. However, one crypto analyst predicts that Ethereum will reach $5,000 amid SEC opposition to ETH. In fact, the asset is up over 4% in the past 24 hours, according to CoinMarketCap. Currently trading at $3,530, technical indicators point to the asset's upside potential. Additionally, as it is…

Option 2 tradingDUBAI, United Arab Emirates, March 21, 2024 (Globe Newswire) — Amid the ever-changing landscape of the crypto market, two giants, Ethereum (ETH) and Bitcoin (BTC), have recently made predictions. The impossible fluctuations are making investors nervous. Amid this turmoil, a sign of stability and growth emerged in the form of his Option2Trade (O2T). This is an exchange token that has seen a staggering 400% increase in value thanks to its innovative “black account” feature. This surprising spike has caught the attention of the cryptocurrency community and signals a potential shift in the dynamics of digital asset investing.The volatile…

A noted cryptocurrency strategist remains bullish on top Ethereum (ETH) competitors despite the sudden correction. Pseudonymous Analyst, Altcoin Sherpa To tell His 212,100 followers on social media platform X indicate that Solana (SOL) is showing strength after retesting the $165 Fibonacci retracement level. “SOL: Initial reaction to the $165 level was good. We have to decide whether that is the bottom or not. However, we are still incredibly bullish on this in 2024.” Source: Altcoin Sherpa/X The trader had previously predicted that SOL would reach new highs this year. Solana is trading at $184.95 at the time of writing, up…