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Bitcoin, Ethereum Technical Analysis: BTC Above $28,000 as Biden Announces Debt Ceiling Deal
29.5.2023
Bitcoin climbed above the $28,000 level on Monday, as U.S. President Joe Biden confirmed that a deal was agreed in principle. Biden labeled the agreement a “compromise,” with Republican Kevin McCarthy calling it “historic.” Ethereum was also higher on the news, hitting...
After Eight Years of Dormancy, Long-Forgotten Ethereum ICO Wallet Resurfaces with $15 Million Worth of Funds
29.5.2023
A wallet dating back to the Ethereum (ETH) initial coin offering (ICO) in 2015 has caught the attention of the crypto community after it suddenly moved a significant amount of funds.
The wallet, which has been completely inactive since the ICO, on Saturday transferred all of its 8,000 ETH...
Another dormant Ethereum wallet reawakens after 8 years, moving millions
29.5.2023
Its owner acquired the tokens during Ethereum’s ICO in 2015, when each ETH was worth only 31 cents each
Burning Metrics: Ethereum Burns 3.33 Million Ether Valued at $6.1 Billion in 21 Months
28.5.2023
In the past 21 months following Ethereum’s London hard fork, the network has witnessed the destruction of over 3.33 million ether, valued at $6.1 billion. At present, roughly 3.51 ether is burned every single minute. Standing out as a prominent participant in the burn process since August...
Biden, Republicans Strike Tentative Deal to Raise US Debt Ceiling
28.5.2023
The White House and House Republicans have reached an agreement in principle to raise the U.S. debt ceiling. Described by President Joe Biden as “good news for the American people,” the deal would open the door to avoiding a historic default by the government in Washington...
Bitcoin Price and Ethereum Prediction: BTC and ETH Experience Nearly 2% Spike; Is More Upside Ahead?
28.5.2023
In the volatile world of cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) have recently shown a notable spike, with both digital assets experiencing a nearly 2% increase in their prices.
This upward movement has left investors wondering if there is further upside potential shortly. ...
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Bitcoin, Ethereum Technical Analysis: BTC Nears $27,000 as Market Reacts to Latest US Personal Consumption Data
27.5.2023
Bitcoin moved closer to the $27,000 level on Saturday, as markets continued to react to the latest Personal Consumption data from the United States. The key inflation index rose to 4.4% in April, higher than expectations of a drop to 3.9%. Ethereum also edged higher. Bitcoin Bitcoin (BTC) rallied...
Price analysis 5/26: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
26.5.2023
The recovery in the U.S. stock market seems to have acted as a catalyst for the relief rally in Bitcoin and select altcoins
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,800, as Market Volatility Remains High
26.5.2023
Ethereum was once again trading above the $1,800 level, after a brief breakout during Thursday’s session. Prices rose by as much as 2%, as optimism grew that the U.S. debt ceiling could be increased. Bitcoin also marginally climbed, moving away from yesterday’s two-week low. Bitcoin...
No ETH to trade? Ethereum exchange balance drops to a 5-year low
26.5.2023
The ETH balance decline began in September 2022, which saw a significant spike in November-December 2022 post-FTX downfall
Liquid Staking Protocol Lido’s Defi Dominance Swells From 7% to 26% in 12 Months
25.5.2023
According to statistics, the liquid staking platform Lido accounted for 7.45% of the total value locked in decentralized finance (DeFi) a year ago today. Since then, Lido’s market dominance has significantly increased over the last 12 months to its current 26.18% share. Lido’s Market...
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $26,000, as ETH Hits 2-Week Low
25.5.2023
Bitcoin dropped below the $26,000 level on Thursday, as bearish pressure intensified in cryptocurrency markets. Prices briefly fell below the $26,000 mark earlier in the day, before rebounding. Ethereum continues to trade below $1,800. Bitcoin Bitcoin (BTC) slipped below the $26,000 level during...
Price analysis 5/24: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
24.5.2023
Bitcoin and altcoin prices continue to slump, but potential progress on the debt ceiling discussion could possibly produce a price reversal
Should You Buy SOL? Solana Price Prediction Surges as SOL Blockchain Attracts a Wave of New Users Amidst High ETH Gas Fees
24.5.2023
Solana (SOL), a blockchain platform known for its scalability and low transaction fees, has recently gained significant attention as it attracts a wave of new users.
The surge in interest comes as Ethereum (ETH) gas fees remain high, prompting many users to explore alternative options.
The...
Bitcoin, Ethereum Technical Analysis: BTC, ETH 2% Lower, Ahead of FOMC Minutes
24.5.2023
Bitcoin was once again trading below a key resistance level of $27,000 on Wednesday, ahead of today’s U.S. Federal Open Market Committee (FOMC) minutes report. Markets are expecting that the minutes will show the Federal Reserve’s timeline towards a policy pivot. Ethereum was 2% lower...
ETH can be a security and a commodity: Former CFTC commissioner
24.5.2023
Ether can simultaneously be a security and commodity under the regulatory scope of the SEC and CFTC, former CFTC commissioner Dan Berkovitz claimed
8 ways crypto exchanges can help address liquidity concerns
23.5.2023
Crypto exchanges must take the initiative in addressing regulators’ and investors’ concerns about liquidity
Bitcoin, Ethereum Technical Analysis: Dollar Weakness Pushes BTC Higher, as Biden Fails to Secure Debt Deal
23.5.2023
Bitcoin rebounded on Tuesday, as a result of weakness in the U.S. dollar, following failed talks to tackle the debt ceiling crisis. President Biden stated, “We reiterated once again that default is off the table and the only way to move forward is in good faith toward a bipartisan...
Ethereum Price Prediction as Lido ETH Staking Withdrawals Approved - What's Next for ETH?
23.5.2023
The Ethereum price has gained by 2% in the past 24 hours, with its price of $1,855 also representing a 2% rise in the past week.
These movements come in the wake of ETH staking withdrawals being enabled on Lido, which has seen a net outflow of ETH since it opened withdrawals last week....
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Price analysis 5/22: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
22.5.2023
Bitcoin’s tight-range trading suggests that traders are content to wait for a catalyst to start the next trending move