Ethereum News

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Ethereum

Ethereum Traders Are Extremely Bullish Despite Multiple Looming Storm Clouds

Ethereum and the rest of the cryptocurrency market have experienced a healthy retracement over the past five days after weeks upon weeks of rallying. From the monthly highs, ETH is...

Nick Chong | 2 days ago
Ethereum

Ethereum Is Pushing Key Resistance Levels — and It’s Unlikely to Break Through

It’s been a tough week for all cryptocurrencies, Ethereum included. Investors at the start of this week were expecting this nascent market to push to new yearly highs, but their...

Nick Chong | 3 days ago
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Ethereum

Ethereum 2.0 Is Casting Big Doubts on ETH’s Value as an Investment: Fund Manager

Over the past few weeks, there’s been a strong uptick in excitement about the Ethereum 2.0 upgrade. The excitement is surrounding the improvements the upgrade is expected to have...

Nick Chong | 4 days ago
Ethereum

Reddit’s New Ethereum Token Has Reached 10K Fortnite Users Since Rollout

Earlier this month, the popular online community Reddit launched two types of Ethereum-based cryptocurrency tokens to its users. The token specifically designed for players of the pop...

Tony Spilotro | 6 days ago
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Ethereum

Exchanges Are Holding More Ethereum Than Ever Before, Threatening ETH Price

Like Bitcoin, Ethereum has outperformed almost any other multi-billion-dollar asset over the past weeks. Since the March lows of $88, the cryptocurrency has rallied as high as $226 —...

Nick Chong | 1 week ago
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Ethereum

Ethereum Fails to Hold Key Support, Leaving Price Open to “Larger Correction”

Top cryptocurrencies like Bitcoin and Ethereum may still be up by over 100% from the March lows, but it’s been a rocky past week for this nascent market. Prices haven’t...

Nick Chong | 1 week ago
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Ethereum

Reddit Isn’t Using the Main Ethereum Network For “Community Points” Just Yet

After weeks upon weeks of rumors, on Thursday, Reddit confirmed that it is dabbling in Ethereum technology for a new feature called “Community Points.” These tokens are...

Nick Chong | 2 weeks ago
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Ethereum

Crypto Criminals Are Still Trying to Dump Thousands of Ethereum From a 2019 Hack

In November, Upbit, a popular Korean crypto asset exchange, lost $50 million worth of Ethereum, 342,000 ETH coins, from the exchange hot wallet in a seeming hack. It was then one of...

Nick Chong | 2 weeks ago
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Ethereum

Ethereum Long Positions Hit $300M on Bitfinex, And It Can Trigger a Major Correction

Despite the fact that Ethereum has been underperforming Bitcoin over the past few weeks, investors are highly optimistic about the asset. Data from leading exchange Bitfinex, in fact...

Nick Chong | 2 weeks ago
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Ethereum

Ethereum-Centric Project Once Worth $400 Million “Dies” as Team Jump Ship

Although Bitcoin, Ethereum, and other top cryptocurrencies have surged over the past two months, not all blockchain projects are faring well. One altcoin, once one of the most popular...

Nick Chong | 2 weeks ago
Ethereum

Ethereum Narrowly Avoids a Bloodbath as Bulls Struggle to Defend Critical Support

Ethereum saw a sharp overnight selloff that caused it to briefly dip into the sub-$200 level, putting it at grave risk of seeing a capitulatory decline Buyers were able to guard...

Cole Petersen | 3 weeks ago
Ethereum

Ethereum Unlikely to Mirror BTC’s Upside as Risk of Capitulation Grows

Ethereum has entered a consolidation phase alongside Bitcoin and many other major altcoins This has led it to hover within the lower-$200 region, marking a massive retrace from its...

Cole Petersen | 3 weeks ago