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Posts Tagged ‘Ethereum’

Bitcoin and Crypto Market Roundup for the Week Gone by

Bitcoin is back in the driving seat. The leading crypto has made 2.5% gains over the past week, pushing the crypto market upwards as sentiment shifts in favor of the bulls. The move comes on the back of macroeconomic news. Last Wednesday, the Federal Reserve pledged to keep interest rates close to zero until 2023.…

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Analysts Take Aim at $280 for Ethereum as Bears Gain Firm Control

Ethereum has been hit hard by the recent market-wide downturn, with the cryptocurrency’s price crashing by nearly $30 in a matter of minutes earlier today This move struck a serious blow to its technical outlook, leading many investors and analysts to anticipate further downside in the near-term One trader is specifically setting his sights on…

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Ethereum Weakens as Analysts Eye Possibility of Major Downside

Ethereum is showing some signs of weakness as its price trades below $380 Breaking above this level was a significant technical development that caused many analysts and traders to flip bullish on the crypto As its weekly candle close fast approaches, however, bears seem to be regaining control over its near-term outlook There’s a high…

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Here’s What’s Driving the Move

Decentralized finance’s Yearn.finance (YFI) has dropped 10% in the past 24 hours despite strength in Bitcoin. The YFI coin is down over 33% from its all-time high price set just weeks ago. The coin seems to be dropping due to a wider bout of weakness in DeFi, caused by a number of trends. YFI’s long-term…

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Ardor vs Polkadot: How Do They Compare?

Polkadot has been hitting the crypto headlines lately, after a long-awaited main net launch that’s been several years in the making. Recently, the project has quickly climbed up the cryptocurrency ranking tables amid the hype.  However, Polkadot isn’t the first of its kind to achieve this ranking success. EOS, XRP, and Tezos are all examples…

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Bitcoin Analyst Sees BTC/USD Below $6K Despite Rally Sentiment

A rebound in the Bitcoin price this week lifted its short-term bullish sentiment, especially after it broke above a string of crucial technical resistance levels. Nevertheless, the benchmark cryptocurrency might be walking into a bull trap, as per independent trading consultancy WCSE. In an analysis published right before the BTC/USD retracement on Monday, the firm’s…

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