Bitcoin and Ethereum have been on a downward trend since the beginning of September. This slump in the crypto market is mainly due to a few big economic factors. The Yen Carry Trade is Still Affecting Crypto The Japanese Yen has been strengthening against the US dollar, causing investors to unwind their carry trade positions….
Zurich Cantonal Bank (ZKB), a major Swiss bank, is now offering Bitcoin (BTC) and Ethereum (ETH) trading and custody services. This move marks another big step for crypto adoption in Europe. ZKB Offers Crypto Trading and Custody ZKB customers can now buy and sell Bitcoin and Ethereum through their existing online banking platforms. The bank…
Ethereum, the second biggest cryptocurrency, has been having a rough time lately. Its price has been going up and down, and analysts are trying to figure out if people are buying it up or selling it off. Exchange Reserves: A Warning Sign? One analyst, Shayan, looked at the amount of Ethereum held in exchange wallets….
Ethereum’s price has been disappointing lately, dropping significantly in the last few months. Many ETH investors were hoping for a big jump after the launch of Spot Ethereum ETFs, but that hasn’t happened. History Repeating Itself? But there might be a silver lining. A popular crypto analyst, Benjamin Cowen, noticed a striking similarity between Ethereum’s…
Ethereum (ETH) has been stuck in a rut lately, trading between $2,300 and $2,800 since the beginning of August. It’s been trying to break past $2,600 for the past few days, but hasn’t been able to. This is disappointing, especially compared to Bitcoin’s strong performance this year. Ethereum ETFs: A Flop? Ethereum ETFs were supposed…
Ethereum’s price is currently hovering around $2,500, but the bulls are struggling. Even though the price is above $2,500, it’s still stuck within a bearish pattern. To turn things around, we need to see a strong push above $3,500 with high trading volume. A Bearish Sentiment One analyst believes that Ethereum is likely to stay…
Ethereum’s price has been on a downward slide, and experts are offering their takes on when we might see a rebound. Ethereum’s Current Situation Crypto analyst Michael Van De Poppe highlighted Ethereum’s weakness, noting that it’s been rejected at a key price level and is now approaching support areas. He sees a potential for a…
Crypto analysts are predicting a wild ride for Ethereum, with a potential dip before a significant price increase. A Dip Before $3,000? CrediBULL Crypto believes Ethereum will reach $3,000 in September, but not without a dip first. He predicts a drop below $2,500, potentially even to $2,300, before the price rebounds. This dip, he says,…
Ethereum has been steadily climbing back up after a recent dip, and analysts are buzzing about a potential breakout to $3,000. Ethereum’s Accumulation Phase After dropping to $2,116 just a few weeks ago, Ethereum has been on a strong recovery path. This upward trend has caught the attention of investors, who are watching closely for…
Ethereum (ETH) prices were on a roll last week, boosted by positive news about a potential interest rate cut from the Federal Reserve. But a big sale by the Ethereum Foundation (EF) has some people wondering if the party is over. The EF’s Big Move The EF, a non-profit organization that supports the Ethereum network,…
