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Ethereum Technical Analysis: ETH Faces Bearish Momentum With Potential for Short-Term Recovery
5.8.2024
On August 5, 2024, ethereum’s price action has been dominated by strong bearish sentiment across multiple timeframes. While short-term consolidation suggests some indecision, the overall market indicators point towards continued downward pressure. With critical support levels approaching...
Crypto market crash triggered by 'aggressive' selling by Jump Trading - report
5.8.2024
Jump Trading significantly contributed to the crypto market sell-off and it could be looking to sell another $104 million worth of wstETH
Daily Crypto Update: Bitcoin, Ethereum, and top assets fall significantly
5.8.2024
The crypto market has entered a correction phase, with the leading cryptos experiencing a loss of over 10%…
Crypto hackers buy Ethereum dip using stolen funds
5.8.2024
Hackers exploit the market crash, using stolen funds from the 2022 Nomad bridge hack to purchase 16,892 ETH at a significant discount
Bitcoin dips below $50K: Crypto market crashes 17%
5.8.2024
BTC dominance hits 58% as the cryptocurrency market suffers a 17% drop, leading to a market cap of $1.76 trillion
Memecoin dumps, then pumps after Vitalik Buterin sells unwanted airdrop
5.8.2024
The memecoin took a massive hit after Buterin sold his entire 17 billion Neiro airdrop, but in a weird turn of events, it pumped soon after
$300B plunge: Largest 3-day wipeout for crypto in a year
5.8.2024
The crypto market saw its largest three-day sell-off in 12 months amid weak jobs data and revived fears of a recession leading to a tumble in the equities market
Peter Schiff Warns of Mass Bitcoin ETF Liquidations and ‘Crypto Black Monday’
5.8.2024
Economist and gold advocate Peter Schiff has warned investors that a sharp drop in bitcoin’s price could trigger mass bitcoin exchange-traded fund (ETF) liquidations. “If so, brace for a Crypto Black Monday,” he cautioned. He believes that bitcoin has been in a major bear...
2 reasons Solana and other altcoins ETFs may struggle — Sygnum Bank
5.8.2024
Katalin Tischhauser, head of investment research at Signum Bank, has joined other commentators who suggested that spot Solana and Cardano ETFs are unlikely, though VanEck may disagree
Megaeth: The Endgame ETH Scaling Solution
4.8.2024
This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Gaz of Blocmates breaks down Megaeth, one of the hottest Layer 2s, including explaining...
Forget about Ethereum ETFs — Here's what you can do instead
3.8.2024
Spot Ether ETFs were supposed to set the gold standard for ETH investing. Unfortunately, they still aren't allowed to offer staking
Grayscale’s ETHE Hemorrhages $2 Billion in Just 9 Trading Days
3.8.2024
On Friday, U.S. spot ethereum exchange-traded funds (ETFs) faced $54.27 million in outflows, a stark contrast to Thursday’s net inflow of $26.7 million, as indicated by recent data. Meanwhile, Grayscale’s Ethereum Trust (ETHE) has seen a reduction of over $2 billion in ethereum since...
QCP Capital: Bitcoin Price Drop Due to Supply Surge and Macroeconomic Woes
3.8.2024
QCP Capital has reported a significant reversal in the crypto market, with bitcoin (BTC) prices retracing from recent highs. This shift comes amid an influx of bitcoin supply and worsening macroeconomic conditions. QCP Analysts Highlight Market Correction Driven by Bitcoin Supply Surge and Bearish...
Solana Token’s Rally Reflects Protocol’s Potential, Says Web3 Advocate
3.8.2024
The seemingly fundamentals-defying surge of Solana’s native token, SOL, may reflect the project’s potential rather than its current technical performance, according to Chris Zhu, the CEO of Sonic. To support this assertion, Zhu highlights Solana’s ecosystem growth despite...
Grayscale ETHE outflows continue as Ethereum ETF shows mixed trends
3.8.2024
Factors such as market performance, management strategies, and broader economic conditions could influence the significant outflows from Grayscale’s ETHE
Markets in Freefall: US Stocks Plummet and Crypto Crashes After Shocking Jobs Report
3.8.2024
Following a heinous jobs report, questions are arising about whether the United States will experience a soft landing or if a full-fledged recession is on the horizon. All five major U.S. stock market indices saw notable declines on Friday, and the crypto economy fell by 5.82% to reach $2.2...
Ethereum futures open interest hits 19-month high, yet ETH price weakness intensifies
2.8.2024
Ethereum derivatives metrics show increased activity, indicating higher interest but not necessarily a bullish trend
Lido launches institutional-grade liquidity staking solution
2.8.2024
The biggest ETH liquid staking protocol has enhanced its offering for large investors, many of whom are already its customers
Price analysis 8/2: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
2.8.2024
The sell-off in the global stock markets is casting a bearish shadow on the cryptocurrency markets, signaling near-term weakness
July NFT Sales Plummet for Second Consecutive Month
2.8.2024
In July, the non-fungible token (NFT) market experienced a 36.6% drop in sales compared to June. Over the month, NFT sales reached $429.46 million, while the number of NFT buyers fell by 46.24% from the previous month. NFT Market Sees Continued Decline in July With Fewer Buyers and Sellers July...