Ethereum is trading around $2,470 following a strong 37% rally in late August, forming a bullish flag pattern that suggests a potential rise to $3,050 if it breaks current consolidation. The $3,050 target aligns with a historical resistance zone, making it a realistic goal if Ethereum surpasses the recent high near $2,564. However, the key support level at $2,350 must hold to maintain this bullish outlook. This price action occurs amid rising oil prices above $100 and higher bond yields, which typically pressure speculative assets like crypto, yet Ethereum shows resilience supported by strong network activity and institutional demand.
Cryptocurrency markets saw a general decline with major coins like Bitcoin dropping 2.03% to $77,737 and Ethereum falling 1.66% to $2,457.87. Other notable cryptocurrencies such as Binance Coin, XRP, and Dogecoin also experienced significant decrease...
Cryptocurrency markets show a general downward trend with Bitcoin priced around $77,958, down 1.33%, and Ethereum at $2,468, down 0.87%. Many altcoins like BNB, XRP, and DOGE also experienced significant declines, some exceeding 5%. This broad sell-o...
XRP Ledger developers plan to make their blockchain fully resistant to quantum computing threats by 2028, a year ahead of Ethereum's similar goal set for 2029. Their approach includes native key rotation to keep user addresses unchanged, an emergency...
U.S. President Donald Trump proposed a $5,000 dividend for every adult American if Republicans control both the House and Senate after the midterm elections. This plan, aimed at rewarding Americans for economic performance, could inject about $1.2 tr...
Bitcoin dominance has increased to 58.6% while the total cryptocurrency market capitalization fell by 4.3% to $2.67 trillion. This shift indicates investors are moving capital back into Bitcoin, seen as a safer asset, while altcoins face heavier sell...
