Dalmas Ngetich, a seasoned crypto reporter, brings a unique perspective to the industry. With a background in mechanical engineering and over a decade of experience in journalism, Ngetich has specialized in covering topics such as NFTs, blockchain, DeFi, and blockchain news for NewsBTC. His expertise has allowed him to craft over 10,000 news and feature
Ethereum
Crypto analyst Jelle has recently made a bold projection regarding Ethereum’s price, forecasting it to surge to $5,000 by the end of the year. This optimistic outlook comes at a time when Ethereum has been stabilizing above the $3,500 mark, following a correction from its peak in March. Jelle’s analysis points to a pivotal moment
Ethereum price recently faced resistance at the $3,720 level, leading to another decline in price. The current situation has put ETH at risk of further losses below the $3,550 support zone. This resistance level has proven to be a significant challenge for Ethereum in terms of price movement. The hourly MACD for ETH/USD is showing
In response to the recent price spike that almost brought Ethereum (ETH) to the $4,000 mark, the second-largest cryptocurrency has seen renewed market enthusiasm and inflows. This surge was triggered by the US Securities and Exchange Commission’s (SEC) approval of Ethereum ETF applications from major asset managers. According to a report by CoinShares, digital asset
Recent data has revealed a significant drop in the supply of Bitcoin (BTC) and Ethereum (ETH) on exchanges. According to BTC ECHO analyst Leon Waidmann, exchange balances for both Bitcoin and Ethereum are currently at their lowest levels in years. The supply of Bitcoin on exchanges has decreased to 11.6%, while the supply of Ethereum
Following a crucial week for Ethereum, there is a technical candlestick arrangement that indicates a possible sharp upturn in ETH prices in the upcoming weeks and months. One analyst pointed out events in the monthly chart where the ETH/BTC ratio reversed from a multi-year support trend line. This is significant because altcoin prices typically react
The recent approval of the Ethereum Spot ETF has sparked a wave of speculations regarding the potential performance of these funds once they hit the trading floor. Analysts and experts in the industry have shared their thoughts and predictions on the level of investments these ETFs could attract, particularly in comparison to their Bitcoin-based counterparts.
The recent surge in Bitcoin and Ethereum prices has led to short-term traders facing significant liquidations. Over the past 24 hours, more than $330 million has been liquidated from the crypto market, with the majority of these liquidations coming from short traders expecting prices to fall. This has resulted in over 78,000 crypto traders seeing
Recently, Ethereum (ETH) has been showing signs of a potential rebound, catching the attention of analysts. One analyst in particular, Ali, has pointed out a significant technical signal that indicates a price surge may be on the horizon. Ali’s analysis of the TD Sequential indicator on Ethereum’s daily chart has revealed a strong buy signal.
After analyzing recent metrics, crypto analyst Javon Marks has identified several bullish signs for Ethereum (ETH). One of the key indicators is the formation of a bull flag-like price structure on the Ethereum chart. This pattern, combined with the formation of higher lows in Ethereum’s price action, suggests a strong resistance to downward trends. Additionally,
