Is Bitcoin Dominance Reaching Its Peak? Analyst Forecasts An Altcoin Takeover In Current Cycle Bitcoin is struggling despite the approval of spot BTC ETFs in the US. Ethereum’s price has soared to new highs, leading to speculation about Bitcoin’s dominance in the cryptocurrency market. Analyst Michael van de Poppe believes that Bitcoin dominance is nearing … Read more
dYdX Beats Uniswap, Bitcoin Outlook Dour Analysts at Coinbase predict that Ether (ETH) could see significant growth in 2024, driven by hopes of a spot ETH ETF listing. Following the recent approval of bitcoin ETFs in the U.S., ETH reached its highest price since May 2022. Firms like BlackRock and VanEck, who were behind BTC … Read more
Uncover the Secrets of Ethereum Classic: How it’s Revolutionizing the Crypto World Ethereum Classic (ETC) is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, fraud or third party interference. Launched in 2015, Ethereum Classic has quickly gained popularity and is now one of the top … Read more
10 Mind-Blowing Facts About Ethereum You Need to Know Ethereum has become one of the most popular cryptocurrencies in the world, but there is still a lot of mystery and misunderstanding surrounding it. Here are 10 mind-blowing facts about Ethereum that you need to know. Founder: Ethereum was founded by Vitalik Buterin, a Russian-Canadian programmer, … Read more
ETH Long-Term Holder Percentage Surpasses BTC The percentage of long-term Ethereum (ETH) holders has surpassed Bitcoin (BTC) for the second time ever, with over 70% of investors holding their assets for more than a year. This milestone for the blockchain is important for maintaining overall health, stability, and reducing price volatility. Despite Ethereum’s underperformance compared … Read more
Asset manager Bitwise has withdrawn its application to convert its Bitcoin futures ETF into one that invests in both Bitcoin and Ethereum futures contracts, leading to speculation about the decision’s meaning for Ethereum futures ETFs. Bloomberg Analyst James Seyffart believes the move was made because Bitwise doesn’t see the benefit in having a dual BTC … Read more
The price of Ethereum has experienced a downward correction after failing to break the $1,670 resistance level. It is currently trading below $1,640 and the 100-hourly Simple Moving Average. A key bearish trend line is forming with resistance near $1,640. To see another increase, Ethereum must stay above the $1,600 support zone. If it fails … Read more
