Ethereum's favorable risk-return ratio has traders ‘insanely bullish' on ETH price
One altcoin trader says Ethereum's long-term chart looks “insanely bullish” with a very favorable risk-reward ratio.
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One altcoin trader says Ethereum's long-term chart looks “insanely bullish” with a very favorable risk-reward ratio.
Crypto markets are under pressure on monday as Bitcoin struggles to reclaim $96,000. Sentiment remains weak amid recent hacks and ETF outflows.
Ethereum's price has been showing significant growth recently, even as market sentiment remains uncertain. While the broader cryptocurrency market remains volatile, Ethereum has managed to stand out, maintaining a strong foothold above $2,700.
Bybit's Ethereum Reserves rebound past 200K ETH post-hack, signaling recovery. Netflow stabilizes, but market sentiment remains mixed.
Ether price is down nearly 6% even though Bybit has been buying in bulk. Cointelegraph explains why.
Derivatives traders brace for further ether downside in the wake of the Bybit hack, which resulted in $1.5 billion worth of ETH being stolen.
Crypto's largest hack ever could paint a silver lining for Ethereum's price as Bybit inches toward recovery, Bitfinex analysts wrote.
The world of crypto is an arena where every major incident reshapes market dynamics. Indeed, the colossal hack of $1.4 billion suffered by Bybit, one of the largest centralized exchanges, raises an important question: Can Ether still surpass $3,000 despite this shock?
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Ethereum's price experienced a negative reaction to the hack. At the time of writing, ETH was trading at $2,705, reflecting a 3.49% decline on the day.
Bitcoin price is at risk of falling from its current trading range and exploring new lows under $90,000. Can bulls turn the tide?
Ethereum.org reflects on a successful 2024, highlighting major upgrades, community events like Devcon SEA, and the introduction of ETHGlossary.
On Friday, Bybit was allegedly hacked by the infamous state-backed hacker organization Lazarus Group, which looted roughly $1.5 billion in ether (ETH) from the major cryptocurrency exchange. The hack was the largest in crypto history and represented over 60% of all crypto funds pilfered in 2024.
Bitcoin and Ethereum weathered Bybit's $1.5B hack but face volatility ahead of Nvidia earnings and the PCE report. Key technical levels could determine the next major move.
The digital currency market has witnessed fear, uncertainty and doubt (FUD). This was followed the Bybit hack, which caused volatility in the cryptocurrency space.
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During the week of Feb. 17 to 21, bitcoin ETFs experienced a net outflow of $559 million, marking the second consecutive week of declines. In contrast, ether ETFs saw a modest net inflow of $1.6 million during the same period. Another Week of Significant Outflows for Bitcoin ETFs U.S.
A new week has started with the market's fall, according to CoinMarketCap.
Another crypto market crash is happening, with Bitcoin, Ethereum, Solana, and the Dogecoin price witnessing significant declines. This development comes amid the uncertainty in the market, which is sparking a bearish sentiment among investors.
Binance and Kraken wallets have issued multiple transactions for Ethereum (ETH) and Solana (SOL). The market operators may reflect the recent deleveraging of blue-chip assets.
The S&P 500 index crashed on Friday, and technicals point to further downtrend this week. It dropped by 104 points on Friday, its worst daily performance this year.
Binance, a prominent cryptocurrency exchange, has sold significant Ethereum (ETH) volumes in the past few hours. This development came after ByBit's CEO announced their exchange reserves had skyrocketed to pre-hack levels.
Ethereum (CRYPTO: ETH) has seen a 19% decline over the past month, but traders are positioning for a potential rally. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ethereum (CRYPTO: ETH) $2,683.09 $323.5 billion -4.4% -3.1% Bitcoin (CRYPTO: BTC) $95,838.47 $1.9 trillion -0.1% -0.5% XRP (CRYPTO: XRP) $2.47 $143.8 billion -3% -7.5% Trader Notes: Historically, ETH experiences a sharp wick within two weeks of a Bank of Japan (BoJ) rate hike, according to analyst Benjamin Cowen in a podcast published on Monday.
Ethereum price remains in a bear market, and three risky chart patterns suggest that it may experience a 20% crash soon.
