Ethereum's price is showing a bearish pattern called a bear pennant after falling sharply from above $2,100 to around $1,520. This pattern suggests a continuation of the downtrend, with a potential target near $1,250 if support breaks. The ongoing US-Iran conflict has increased oil prices and weakened market sentiment, adding macroeconomic pressure on cryptocurrencies like Ethereum. However, some valuation indicators suggest the current price level might be near a bottom, warning investors not to rush into selling too aggressively.
Ethereum co-founder Joe Lubin predicts the network could integrate zero-knowledge proof (ZK) technology within three to five years, transforming transaction validation and scalability. ZK rollups bundle many transactions off-chain and post a single p...
Fidelity recently purchased $28.6 million worth of Ethereum, marking its largest weekly acquisition in about two months. This move comes as selling pressure in the Ethereum market eases and institutions show renewed interest in Ethereum-based investm...
Bitcoin remains steady around $61,978, showing a slight gain of 0.91%. Other major cryptocurrencies like Ethereum and Binance Coin show minor fluctuations, with Ethereum nearly flat and Binance Coin up 0.59%. Several altcoins experience varied moveme...
Ethereum is currently trading near key support levels and may experience one more short-term dip before starting a bullish reversal, according to Elliott Wave analysis. The cryptocurrency is in the final stages of a multi-year corrective pattern, wit...
Ethereum's price dropped close to $1,600, falling about 14% from its June high, as traders reduce risk ahead of U.S. inflation data. Despite this, BitMine, a major corporate holder, reportedly acquired an additional 75,000 ETH worth around $123 milli...
