Ethereum (ETH) recently experienced a significant downturn, dropping to $2,112, the largest market slump of the year. However, the cryptocurrency has since rebounded, gaining 8% over the last week and surpassing the crucial $2,600 level. This recovery has reignited hopes of reaching the $3,000 milestone. Market analytics firm CryptoQuant highlighted a substantial liquidation of long
Ethereum
The latest data from crypto asset manager CoinShares indicates a significant rebound in the crypto market. According to the ‘digital asset fund flows weekly report,’ digital asset investment products experienced $176 million in inflows last week. This surge in investor confidence, as noted by James Butterfill, head of research at CoinShares, suggests a strong and
Opeyemi is a writer who delves deep into the world of cryptocurrencies, unraveling the intricacies of blockchain technology. His passion for understanding the connections between price charts, on-chain movements, and blockchain activities sets him apart in the digital asset industry. Opeyemi goes beyond mere analysis, striving to enlighten others about the complexities of this evolving
In a recent comparison between Ethereum (ETH) and Solana (SOL), a renowned crypto analyst reignited the debate on which cryptocurrency is superior. The analyst, Peter Brandt, highlighted the fundamental characteristics, strengths, and weaknesses of both altcoins to determine a clear winner in the competition. Brandt’s analysis revealed several vulnerabilities within Ethereum, despite its position as
Dalmas Ngetich, a distinguished crypto reporter, brings a fresh and unique perspective to the crypto industry. With a background in mechanical engineering and over a decade of experience in journalism, he has crafted over 10,000 news and feature articles, specializing in NFTs, blockchain, DeFi, and blockchain news. His in-depth knowledge and expertise have been acknowledged
Ronaldo, a seasoned crypto enthusiast, has spent over five years immersing himself in the world of cryptocurrencies. His journey began out of sheer curiosity, evolving into a deep passion for understanding the intricate workings of this revolutionary technology. Expertise in Technical Analysis One of Ronaldo’s areas of expertise lies in technical analysis. He firmly believes
In the past 24 hours, the cryptocurrency market has experienced a drastic sell-off, with both Bitcoin and Ethereum plummeting over 20% in value. This significant drop has caused widespread panic and uncertainty among investors, leading to a ripple effect throughout the digital asset industry. At the center of this chaos is Justin Sun, the founder
Opeyemi is not your average writer – he is a dedicated enthusiast in the realm of cryptocurrency. Despite not initially choosing the digital asset industry, he has found himself immersed in it for over two years now. His passion for unraveling the complexities of blockchain technology is evident in the unique pieces he creates, sharing
Recently, two market experts have made some incredibly bullish predictions regarding the price of Ethereum. One expert, Adriano Feria, boldly stated that Ethereum could reach $100,000 in the near future. This prediction aligns with another expert’s forecast that Ethereum could hit $50,000 in this market cycle. Feria’s rationale behind his $100,000 price target is based
In a recent interview, pseudonymous trader and analyst Roman made a bold prediction regarding the short-term expectations for Ethereum’s price. He stated that investors should lower their expectations as he doesn’t see Ethereum performing well in the next few months. Roman believes that Bitcoin is currently absorbing all the liquidity in the market, causing altcoins
