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Ethereum News
Coinpedia
4w
392
Image Credit: Coinpedia
Bitcoin, Ethereum and XRP Price Prediction: Will Interest Rate Decision Revive Buying Demand?
- Bitcoin, Ethereum, and XRP experienced volatility last week, preventing a clear trend. However, potential pauses in the Federal Reserve rate hikes and easing geopolitical tensions could revive buying demand for cryptocurrencies.
- Bitcoin bulls face resistance at the EMA20 trend line and $86.7K mark. Resistance break could lead to a move towards $93,000, while a sharp decline could bring the price to the support level at $79,974.
- Ethereum faces rising volatility around the descending resistance line. Positive divergence and breaching the EMA50 trend line could see the price rise to $2,109 and potentially to the 50-day SMA at $2,530. Failure to hold at $2,109 would indicate bearish dominance.
- XRP bounced off the $2 support level and broke above the EMA20 trend line. Potential breakout could lead to a climb to $2.65 and further to $2.97, while a sharp decline would revisit the critical $2 support.
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TronWeekly
4w
116
Image Credit: TronWeekly
Poll: 51% of U.S. Voters Oppose Are Opposed to a Cryptocurrency Reserve
- Only 10% of Americans support increasing funding for cryptocurrencies.
- 51% of voters oppose the creation of a federal crypto reserve.
- 45% of respondents want to cut federal funding for cryptocurrency.
- Political opinions largely influenced voter reactions toward the crypto reserve plan.
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6 Likes
Newsbtc
4w
71
Image Credit: Newsbtc
Ethereum Must Reclaim $2,050 To Start A Recovery Rally – Insights
- Ethereum (ETH) is trading below $2,000, struggling to find momentum after days of selling pressure.
- The $2,050 level is a crucial resistance that ETH must reclaim for a trend reversal.
- The $1,870 support level is critical, and a break below it could lead to further declines.
- Bulls must hold above $1,900 and break above the $2,000 mark for a potential recovery rally.
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TronWeekly
4w
53
Image Credit: TronWeekly
Ethereum Rebounds as Whales Accumulate, Eyeing Surge Towards $2,500
- Ethereum (ETH) is in the spotlight, trading at $1,932 with a slight 1% increase in the last 24 hours.
- Whale accumulation of more than 420,000 ETH within the last five days highlights confidence in price recovery.
- Ethereum’s next move relies on support at $1,870 and resistance at $2,050.
- A breakout from the Descending Channel could push ETH toward the $2,500 target.
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3 Likes
Newsbtc
4w
263
Image Credit: Newsbtc
Ethereum Cost Basis Data Signals Strong Support At $1,886 – Details
- Analysts believe that the $1,886 price level could act as a strong support for Ethereum (ETH) in case of further price decline.
- Glassnode's Cost Basis Distribution (CBD) data shows that investors accumulated an additional 300,000 ETH at the $1,886 price level.
- Ethereum is currently trading at $1,924 with a 5% gain in the last 24 hours, but the market remains in a downtrend.
- If the price falls below $1,886, lower levels at $1,650 and $1,132 could be potential targets.
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15 Likes
Coinpedia
4w
31
Image Credit: Coinpedia
Top Altcoins to Watch Next Week: Pi Coin, Pepe and Binance Coin (BNB) Prices Aim for Resistance Breakouts
- The altcoin market may experience a strong recovery rally next week with a renewed buying interest.
- Pi coin price is facing resistance at $1.5, with potential for buyers to overcome this barrier.
- Pepe coin aims for a breakthrough above 23.6% Fibonacci retracement level, with potential for a breakout.
- Binance Coin (BNB) sees a surge in buying activity, trading at $614 with a possibility of a skyrocketing trend.
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Newsbtc
4w
129
Image Credit: Newsbtc
Ethereum Price Nears Critical 100-Day SMA – Will It Break Through?
- Ethereum (ETH) is approaching the crucial 100-day Simple Moving Average (SMA), a key battleground for bulls and bears.
- Breaking above the 100-day SMA could reignite bullish sentiment and pave the way for higher price targets.
- However, if Ethereum fails to break out, it may face renewed selling pressure and decline to the $1,523 support zone.
- A successful breakout would confirm renewed upward momentum and attract more investors to capitalize on the uptrend.
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7 Likes
TronWeekly
4w
415
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Ethereum on the Brink? Ex-Dev Drops Shocking Truth About EVM
- A former Ethereum developer, Hari, criticizes the lack of clear vision and internal disagreements hindering progress on the Ethereum Virtual Machine (EVM).
- Hari warns that Ethereum's stagnation due to ossification could lead to the network's eventual decline.
- He suggests addressing complexity through better engineering and proposes quarterly hard forks for continuous improvement.
- The proposed EOF (Ethereum Object Format) amendment sparks a debate about the balance between efficiency, complexity, and security in EVM changes.
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24 Likes
Bitcoinist
4w
53
Image Credit: Bitcoinist
Crypto Expert Reveals Why XRP Will Never Flip Ethereum
- A crypto expert dismisses the idea that XRP will surpass Ethereum.
- Ethereum's dominance is driven by smart contract capabilities, DeFi, and NFT ecosystems.
- XRP is focused on cross-border payments and lacks developer flexibility and diverse use cases.
- XRP has not achieved the level of adoption and value that Ethereum has.
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3 Likes
Bitcoinist
4w
303
Image Credit: Bitcoinist
Ethereum Headed For $1,250 Or Ready For A Reversal? Analysts Weigh In
- According to analyst Ali Martinez, Ethereum (ETH) may be heading to $1,250 as it risks breaking down from a parallel channel.
- Crypto analyst Daan Crypto Trades suggests a trend reversal might be on the horizon for Ethereum, as it has formed a falling wedge pattern on the hourly chart.
- Crypto trader Merlijn The Trader and analyst Ted draw parallels between Ethereum’s current price action and previous bullish rallies, pointing towards potential positive momentum in the future.
- Ethereum is currently trading at $1,933, showing signs of a possible recovery after entering an oversold zone.
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18 Likes
Newsbtc
4w
151
Image Credit: Newsbtc
Ethereum Struggles Below $2K as Bitcoin Recovers—Will ETH Catch Up?
- Ethereum has struggled to keep up with Bitcoin's recovery and remains below the $2,000 mark.
- Analysts note a decline in Ethereum's strength against Bitcoin in the derivatives market.
- The declining open interest in Ethereum futures suggests reduced speculative interest in ETH compared to BTC.
- Despite current weakness, there is potential for Ethereum to regain strength if market sentiment improves.
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9 Likes
Bitcoinist
4w
245
Image Credit: Bitcoinist
Ethereum FUD Spikes On Social Media After 13% Price Drop: Bottom Signal?
- The sentiment around Ethereum (ETH) on social media has turned bearish after a 13% price drop.
- Data from analytics firm Santiment shows a decline in positive/negative sentiment towards Ethereum.
- The sentiment indicator value has dropped below the neutral mark, implying a bearish outlook for ETH.
- Historically, Ethereum's price has often moved contrary to social media sentiment, suggesting the negative sentiment could potentially signal a bottom.
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14 Likes
Newsbtc
4w
379
Image Credit: Newsbtc
Ethereum, Dogecoin, And The Altcoin Market: Why Up-Only For 217 Days Is Possible
- A technical analysis suggests that the altcoin market, including Ethereum and Dogecoin, may experience a 217-day altcoin season.
- The analysis highlights the importance of holding a critical support level for the altcoin season to begin.
- The market conditions align with Fibonacci time sequences, indicating a potential market shift for altcoin prices.
- The analyst predicts that the altcoin market could rally for 217 days, peaking by October 13, 2025.
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22 Likes
TheNewsCrypto
4w
58
Image Credit: TheNewsCrypto
Ethereum Predicted To Hit $8k; Experts Identify DeFi Coin Set To Take Over From Ripple
- A top crypto analyst predicts that the Ethereum price might rally to $8k in the long term.
- DTX Exchange (DTX) is gaining popularity as a potential rival to Ripple in the DeFi space.
- The Ethereum price faces a strong resistance around $2,250-$2,610, but analysts predict a potential surge to $8k.
- DTX Exchange (DTX) has raised over $15.9 million in funding and offers a trading platform for cryptocurrencies, forex, stocks, and ETFs.
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Bitcoinsensus
4w
160
Image Credit: Bitcoinsensus
Beyond the Spotlight: Celebrities Who Invested in Crypto and Blockchain
- Celebrities have played a significant role in bringing digital assets into the mainstream, legitimizing cryptocurrencies and changing the perception of digital assets.
- Notable celebrities like Paris Hilton, Gwyneth Paltrow, Reese Witherspoon, Kanye West, Matt Damon, Serena Williams, Jamie Foxx, among others, have shown interest in crypto investments and initiatives.
- Celebrities such as Mike Tyson, 50 Cent, and Ashton Kutcher have actively supported and invested in cryptocurrencies like Bitcoin, paving the way for wider adoption.
- Sports stars like Russell Okung, Naomi Osaka, Serena Williams, and Trevor Lawrence have embraced crypto, making bold moves with their investments and payment preferences.
- Celebrities including Elon Musk, Snoop Dogg, Paris Hilton, and many others are strong advocates and investors in cryptocurrencies like Bitcoin and Ethereum.
- Hollywood stars like Lindsay Lohan, Jamie Foxx, Matt Damon, and Akon have not only invested in crypto but actively promoted blockchain technology and cryptocurrency projects.
- Celebrity endorsements of crypto projects have faced criticism, with instances like Kim Kardashian's paid promotion leading to financial penalties.
- Elon Musk's support for cryptocurrencies, especially Dogecoin, as well as Tesla's substantial Bitcoin holdings, has significantly influenced the market.
- Celebrities such as Akon, Snoop Dogg, Lionel Messi, Serena Williams, and Tom Brady are exploring Web3 and blockchain technology for sustainable development and unique experiences.
- Famous individuals like Michael Saylor, Ricardo Salinas Pliego, Winklevoss Twins, and Mark Cuban have made substantial investments in Bitcoin, driving institutional interest in the space.
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