Ethereum, one of the leading altcoins in the cryptocurrency market, has been facing challenges in keeping up with its competitors. Market researcher and analyst DeFi Ignas has conducted a profound analysis of the bullish and bearish scenarios for Ethereum, shedding light on its current situation and future prospects. Over the past two years, Ethereum has
Ethereum
Samuel Edyme, fondly known as HIM-buktu, is not your average web3 content writer and journalist. His journey into the crypto universe is nothing short of cinematic. What started as a run-in with a Ponzi scheme that lured him in using crypto as payment, turned into a turning point in his life. Instead of being deterred
Ethereum has faced significant challenges amidst the recent bearish pressures within the overall crypto market. The ETH price has experienced multiple downturns, bringing it back towards the $2,000 mark and dashing hopes for a new all-time high in the near future. Despite this setback, there is optimism in the air as one crypto analyst suggests
Samuel Edyme, also known as HIM-buktu, is a multifaceted individual in the world of web3 content writing, journalism, and trading. His path into the realm of cryptocurrencies was not paved with success from the start but rather with a scam that involved a Ponzi scheme using crypto as payment. Instead of being deterred by this
There has been a significant amount of buzz in the crypto community surrounding Ethereum’s potential to experience a massive breakout. Crypto analyst Javon Marks, for example, has made a bold prediction that Ethereum could see a 75% increase and reach $4,723. Other analysts, such as Altcoin Daily and Poseidon, have also expressed optimism about Ethereum’s
Recent trading activities in Ethereum have revealed the formation of a bearish triangle pattern, which is pointing towards a potential significant breakout. If Ethereum breaks below the lower boundary of this triangle, it may result in a sharp decline towards the $2,160 support level. On the 4-hour chart, Ethereum’s price is currently below the 100-day
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
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
