Ethereum pares gains, Bitcoin pushed under $40K as Fed set to reveal tapering plans
The two cryptocurrencies appear directionless after correcting in sync lower from their monthly highs. Go to Source Powered by WPeMatico
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The two cryptocurrencies appear directionless after correcting in sync lower from their monthly highs. Go to Source Powered by WPeMatico
A falling wedge setup, as well as Amazon’s rumor to accept cryptos, also boosts Ether’s upside appeal. Go to Source Powered by WPeMatico
The Federal Reserve chairman sidelined inflation concerns, which appears to have coincided with a relief bounce for Ethereum. Go to Source Powered by WPeMatico
Ethereum’s EIP-1559 upgrade is fast approaching, but derivatives data shows traders are less than optimistic about ETH’s short-term prospects. Go to Source Powered by WPeMatico
Bulls and bears are equally nervous about the possible outcome of the June 25 $1.5 billion Ethereum options expiry. Go to Source Powered by WPeMatico
The ETH/BTC exchange rate has surged by around 40% after bottoming out at 0.055 BTC. But the pair appears to be heading into a bull trap. Go to Source Powered by WPeMatico
Data shows traders are buying $400 protective puts while also holding $7,000 call options, a signal that traders either have mixed emotions or are just cashing in on the upfront premium. Go to Source Powered by WPeMatico
It seems the low funding rate on ETH futures contracts and the recent 96% rally are not enough to convince traders to buy the Ethereum price dip. Go to Source Powered by WPeMatico
Thirty-five experts have come together to predict the price of ethereum. On average, they expect the price of ether to hit $19,842 by 2025. The majority of panelists say now is the time to buy ethereum while 28% say to hodl. Experts See Price of Ether Reaching Almost $20K by 2025 The “Finder Cryptocurrency Predictions … Read more
Gemini follows eToro in integrating Dogecoin as Ethereum underscores altcoins’ Bitcoin-crushing surge. Go to Source Powered by WPeMatico