Entrepreneur and JAN3 CEO Samson Mow has shared an analysis claiming that Ethereum, XRP, and Solana are overvalued when measured against Bitcoin's fixed supply model. His argument mainly focuses on reframing altcoin values to combat what he terms “unit bias.
Ethereum ($ETH) just slipped into what analysts are calling a historic buy zone. Its price dipped below a key level that's acted as support during some of the market's biggest rebounds.
Shiba Inu has recently displayed indications of establishing a critical support level at the $0.000012 mark supported by on-chain data that shows that over 26,000 wallet addresses hold a staggering 21 trillion SHIB volume at this price point. Depending on the direction of market sentiment going forward, this critical support may serve as the foundation for future price movement.
Everyone's talking about Shiba Inu again, and some believe it could make you a millionaire by 2025.
Ethereum is currently trading at a critical resistance level as bulls attempt to regain momentum and push for a fresh high. The broader market remains under pressure as global uncertainty escalates, largely fueled by ongoing trade tensions between the United States and China.
Tether, the biggest stablecoin in the cryptocurrency industry, is ‘printing' money as its revenue soars. TokenTerminal data indicates that Tether (USDT) has generated $1.46 billion this year, a figure that is expected to surpass $1.
Veteran trader Peter Brandt believes that risk assets such as the S&P 500, Bitcoin (BTC) and Ethereum (ETH) will see much lower levels by the end of the year.
SHIB's burn rate spiked over 3,273%, stirring bullish sentiment as traders eye a breakout.
There has been a lot of discussion about Ethereum in the crypto community recently, but prices remain at bear market lows.
Charles Schwab's new CEO, Rick Wurster, announced that the company is gaining significant momentum in the crypto space and has plans to expand its offerings.
As Solana continues its ascent, experts are not writing off Ethereum's chances to compete favorably in decentralized finance (DeFi). Uniswap founder Hayden Adams wants Ethereum to hone in on Layer 2 scaling to even the odds with Solana.
Ethereum price has held steady in the past few weeks. ETH was trading at $1,615 on Sunday, a point it has remained for about two weeks. Its performance has been worse against other cryptocurrencies like Bitcoin and Solana. The ETH/BTC pair moved to 0.
Crypto Market Highlights: Another week has ended within the unpredictable world of cryptocurrencies, and investors are left cautious due to turbulent price actions. Bitcoin (BTC) price has traded around the same level in the past 7 days, whereas Ethereum (ETH) managed to lose nearly 1% within the exact duration.
Ethereum price is showing early signs of a breakout after Arizona's SB 1373 bill catalyzed $91 million in institutional ETH withdrawals. Ethereum Consolidates at $1,600, but On-Chain Metrics Signal a Major Breakout Ethereum (ETH) is consolidating near $1,600, setting the stage for a potential 80% rally as Arizona advances toward launching a state-backed digital asset
Operational expenses for executing transactions on the two leading layer one (L1) blockchain protocols have diminished notably relative to the same period in 2024, reflecting a striking recalibration. Cheaper Than Ever: Blockchain Users Reap Benefits of Fee Freefall Reflecting on last April, the average fee to transact on the Bitcoin blockchain hovered at $16.
SHIB team's marketing lead known under the pseudonym Lucie has taken to her account on the X social media platform to talk to the SHIB community about scammers and things that are necessary to oppose their attacks.
Binance warns Solana and BSC are gaining ground as Ethereum continues to struggle with high fees and slow speeds.
EOS is known for being a relatively stable cryptocurrency, with fewer dramatic price swings compared to others. While it's been on a gradual decline overall, its price movement in April has started to draw some attention.
Charles Schwab, a major brokerage firm in the United States, has announced plans to start direct spot crypto trading within the next 12 months. This news has sparked interest among crypto enthusiasts, especially for assets like XRP, Dogecoin, and Shiba Inu, as the firm aims to tap into the growing digital asset market.
The Bitcoin dominance in the cryptocurrency market is inching dangerously close to a long-term resistance level that has triggered major reversals in the past. This resistance level is highlighted on the weekly BTC.D candlestick timeframe chart.
The Ethereum price continues to disappoint investors who expected that the second-largest cryptocurrency by market cap would have hit new all-time highs alongside Bitcoin crossing $100,000. However, this has not been the case as Ethereum has reversed violently and returned to levels not seen in five years.
While Ethereum has bounced back above the $1,600 level, several altcoins are surging with ALEO and GMT leading the charge. ALEO has risen 26.2% in the last 24 hours, trading at $0.2498 from a low of $0.1949.
Shiba Inu (SHIB) has rebounded alongside the rest of the crypto market, but there is a looming hurdle on the chart that could make or break the next major move.
According to Shibarium Updates, an X account dedicated to sharing insights and updates on the Shiba Inu ecosystem, 881,353,310 SHIB tokens have been burned through the ShibTorch platform.
Shiba Inu (SHIB) recently cleared the $0.000012 resistance level in the crypto market as positive sentiments return to the ecosystem. Despite this development, only 10.62% of accounts are profitable, as the recent uptick has not impacted SHIB holders.
The Ethereum price has stabilized above the support at $1,400 and below the resistance at $1,700 or the moving average lines.
Ethereum is quietly building momentum around the $1,600 mark after weeks of sideways movement.
Whales are back accumulating ETH.
Ethereum is trading below critical resistance levels after enduring weeks of heavy selling pressure and lackluster performance. Since breaking below the psychological $2,000 mark, the price has dropped more than 21%, signaling growing uncertainty among short-term investors.
Veteran trader Peter Brandt has surprised the community with his bold prediction for Ethereum. He predicts that Ethereum could fall back to $800 and shared a chart showing a descending triangle pattern, which is a bearish pattern that often signals about a bigger price drop ahead. Currently, the key support level is around $1,500.
Ethereum price is up 0.50% today following in Bitcoin's (BTC) footsteps. But, data from CoinGlass shows that $6 billion will be liquidated if Ethereum (ETH) moves just a $1,000.
While the net capitalization of the cryptocurrency market is losing value again, the segment of meme cryptocurrencies is sending mixed signals to its audience. Amid all largest dog coins, Shiba Inu (SHIB) shows the strongest performance in the last 24 hours.
Old-school commodity trader Peter L. Brandt, who has been in the business since the mid-1970s, has stirred the crypto community with his recent tweet, where he predicts Ethereum to nosedive to a 2022 low of $800.
Ethereum could soon find itself in a technical deadlock as the growth of layer 2 solutions threatens to saturate its processing capacity, despite planned improvements.
Altcoin has been trading between key zones as leverage rises and whale sentiment remains mixed.
One of the altcoins that the market is most interested in, XRP, might be about to make an unexpected bullish breakout. Due to a traditional descending channel breakout formation, the asset is now showing signs of reversing the trend following months of consolidation and downward movement.
Shiba Inu (SHIB) holders may need to brace for a challenging stretch, as historical price data from CryptoRank paints a bearish outlook for the next seven months. While SHIB has seen explosive gains in the pastmost notably in May 2021those moments are rare.
With a SHIB burn of nearly 28 billion tokens in a day, there could be a strong impact on SHIB's price. The burn activity of Shiba Inu (SHIB) is receiving attention once more after a spike.
Ethereum's MVRV signals an undervaluation of the altcoin, but a bullish reversal remains unclear.
$2.3B in BTC and ETH options expire today—smart money leans bullish on BTC, while ETH faces looming sell pressure.
Fear remains the key emotion in the crypto space even as enthusiasts remain optimistic of a recovery in the foreseeable future. While most majors and meme coins are still under selling pressure, Bitcoin has benefited from its stability.
Amid the recent market downturn, several developments have occurred in the Dogecoin and Shiba Inu ecosystems. These include fundamentals, which provide a bullish outlook for the foremost meme coins.
Without sufficient absorption, the risk of continued structural compression remains elevated.
Having traversed murky waters, all hope is not lost for Ethereum (ETH) after recently reclaiming the psychological threshold of $1,600.
Ethereum price continues to struggle just below the $1,590 mark on Friday, having failed to establish steady support above $1,600 this week. Can bullish-leaning derivatives trading signal fuel an ETH price breakout in the days ahead?
Ethereum (ETH) must address its scalability constraints to sustain the growth of layer-2 (L2) networks and avoid future transaction bottlenecks, according to The DeFi Report.
The wider altcoin market, led by memecoins, has signaled a bullish breakout soon amid ongoing trade war negotiations. ETH/USD has been following a similar fractal pattern in the ongoing macro bull run to the 2020/2021 cycle. Ethereum (ETH) price has stabilized around $1,583 in the past three days.
Bitcoin (BTC) has been trading in a tight range for a few days, but a minor positive is that the bulls have kept the price above $83,000. Usually, a low volatility period is followed by a range expansion, but it is difficult to predict the direction of the breakout with certainty.Cryptocurrency analysts remain bullish on Bitcoin's prospects because gold's rally in 2017 and 2020 was followed by a sharp rise in Bitcoin's price.