Ethereum (ETH) is having a rough time. It’s currently trading below $2,000, and after a long period of selling, it’s struggling to gain any momentum. A Tough Market for ETH The overall crypto market is bearish, and ETH has lost a huge chunk of its value (over 57%). This makes a recovery even harder. It’s…
Ethereum (ETH) has been on a bit of a rollercoaster lately. While it’s up over 5% in the last 24 hours, it’s still down 11% for the week. But there’s some good news. A Key Support Level? Data analysts at Glassnode have spotted a potential price floor for ETH: $1,886. They’re using something called “Cost…
Ethereum (ETH) is slowly but surely climbing, getting closer to a really important technical indicator: the 100-day Simple Moving Average (SMA). This isn’t just some random line on a chart; it’s a major battleground for buyers and sellers, often deciding the next big price move. Will ETH break through and rally, or will it get…
Crypto analytics firm Santiment reports that MultiversX (EGLD), formerly known as Elrond, continues to dominate the crypto gaming scene in terms of development activity. MultiversX Leads the Pack Over the past month, MultiversX boasted a whopping 212.17 notable GitHub events, significantly outpacing its competitors. Decentraland (MANA) came in second with 168.93 events, while Skale Network…
A former employee of a major Texas bank is facing serious consequences after pleading guilty to stealing over $123,000 from customer accounts. Unauthorized Transfers Martin Fernandez Jr., a former international sales representative at the International Bank of Commerce in Laredo, Texas, admitted to making unauthorized transfers from the accounts of two customers. The money, totaling…
A popular crypto trader, Ali Martinez, is making some bold predictions about the future price movements of several major cryptocurrencies. He shared his analysis on X (formerly Twitter), reaching over 130,000 followers. Solana’s Potential 30x Surge Martinez sees a significant upside for Solana (SOL). He’s identified a “cup and handle” pattern on the weekly chart,…
Major Wall Street firms are increasingly worried about a US recession. Increased Recession Probabilities JPMorgan Chase has bumped up its recession prediction for the US economy to 40%, up from 30% earlier this year. They cite uncertainty caused by government policies as a major factor. Goldman Sachs is also more pessimistic, raising its recession probability…
A crypto analyst, Egrag Crypto, is predicting a huge Bitcoin price jump based on a bullish chart pattern. The “Cup and Handle” Pattern Egrag Crypto spotted a “Cup and Handle” pattern on Bitcoin’s chart. This pattern, common in technical analysis, suggests a big price increase is coming. Think of it like a U-shaped dip (“cup”)…
Bitcoin’s been looking pretty good lately, briefly topping $85,000 this weekend. While it usually struggles towards the end of the week, things might be different this time. Could Bitcoin Hit $90,000? Crypto analyst Ali Martinez thinks so! He’s spotted an “ascending triangle” pattern on the Bitcoin chart – a bullish signal. What’s an Ascending Triangle?…
Bitcoin’s recent price action around $85,211 is raising some eyebrows. It’s been struggling to break through this resistance level, hinting that the bullish trend might be weakening. Technical Trouble for Bitcoin The charts aren’t looking great for Bitcoin. It’s showing signs of weakness: RSI Retreat: The Relative Strength Index (RSI), a momentum indicator, is falling…
