Ethereum’s deflation accelerates as Shanghai upgrade looms — Can ETH price avoid a 30% drop?
The price of Ethereum’s native token, Ether (ETH), has surged by more than 40% year-to-date to around $1,750, the highest level in seven months. However, ETH’s...
A ‘snap back’ to $20K? 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the last week of February in a volatile mood as a crucial area of resistance fails to break.After a classic “fakeout” during...
Bitcoin’s bullish price action continues to bolster rallies in FIL, OKB, VET and RPL
The Dow Jones Industrial Average fell for the third consecutive week but Bitcoin (BTC) price decoupled and is on track to close the week near...
Bitcoin price rally to $25K followed by total crypto market cap retest of the $1.13T resistance
The total crypto market capitalization rejected at $1.13 trillion on Feb. 16, but there was no change in the month-long ascending channel structure. More importantly,...
Ethereum on-chain data suggests ETH sell pressure could be a non-event after the Shanghai upgrade
The upcoming Ethereum Shanghai hard fork is slated to occur in March 2023, and the upgrade will cap off the network’s move to proof-of-stake (PoS), which...
BTC price cools on latest US data as Bitcoin liquidates $80M in shorts
Bitcoin (BTC) trended toward $24,000 at the Feb. 16 Wall Street open after fresh macroeconomic data from the United States overshot estimates.BTC/USD 1-hour candle chart...
Ethereum price prints ‘death cross’ after losing 13% versus Bitcoin from 2023 peak
Ethereum's native token, Ether (ETH), has printed a death cross technical pattern versus Bitcoin (BTC) for the first time since May 2022, suggesting more pain...
Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals
The United States Securities and Exchange Commission (SEC) plans to sue Paxos for issuing and listing its Binance USD (BUSD) stablecoin, benefitting its top-rival, Tether...
Polygon ecosystem development and upcoming zkEVM launch add to MATIC’s bullish momentum
Matter Labs, the firm managing Polygon, announced that the beta version of its zero-knowledge Ethereum Virtual Machine (zkEVM) would launch on March 27, 2023. It’s possible that...
Bitcoin price eyes $23K despite US dollar strength hitting 6-week high
Bitcoin (BTC) hit its highest in almost a week on Feb. 15 as “extremely positive” economic data boosted risk asset sentiment.BTC/USD 1-hour candle chart (Bitstamp)....