“The American values of economic liberty, private property rights, and innovation are in the DNA of the DeFi movement,” said SEC Chair Paul Atkins at the regulator’s latest Crypto Task Force Roundtable on decentralized finance on June 9. Atkins criticized applying “century-old regulatory frameworks” to DeFi and blockchain innovation, noting that current securities rules were […]
SEC Chair Touts American DeFi Revolution as ETH Prices Pump 8% Read More »
This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail. Ethereum (ETH) Ethereum had another flat week in terms of price action, ending it with a minor loss of 1%. The price has been moving sideways since early May, holding just above the key support at $2,400. This long consolidation could signal
ETH, XRP, ADA, SOL, and HYPE Read More »
The research arm of the world’s largest cryptocurrency exchange has released a report highlighting key developments and market movements in the digital asset sector for May. The analysis provides insights into growth and challenges observed across various sectors, including decentralized finance (DeFi), exchange-traded funds (ETFs), gaming, and tokenization. According to Binance Research, the cryptocurrency sector
Here’s How The Crypto Market Performed in May, According to Binance Research Read More »
Ethereum remains capped beneath the critical 200-day moving average at $2.6K, signaling ongoing distribution among market participants. Given the current price structure, a bearish correction appears increasingly likely in the near term. Technical Analysis By ShayanMarkets The Daily Chart Ethereum continues to face firm resistance at the 200-day moving average, currently hovering near the $2.6K
Pullback Chances Rise as Bullish Momentum Fades Read More »
The second-largest cryptocurrency by market capitalization has maintained a price range between $2,500 and $2,600 for over a month. However, recent data shows that the asset has surpassed the $2,600 price mark, hovering around $2,650. Several factors have contributed to ETH’s price stabilization around this level over the past few weeks. This article highlights three
Here Are 3 Reasons Behind ETH’s Surge Past $2.6K Read More »
Ethereum continues to trade within a tight range after a strong rally in May, facing resistance near the $2,800 mark. Despite holding its recent gains, the price has struggled to break higher, leaving traders cautious amid mixed signals. As both momentum and positioning build, the market seems primed for a decisive move. Technical Analysis By
Ethereum Price Analysis: Can ETH Finally Overcome the $3K Threshold? Read More »
Ethereum (ETH) is showing strong momentum amid rising trading volumes, bullish community sentiment, and technical patterns hinting at a potential breakout to $3,200. The world’s second-largest cryptocurrency by market cap has been on a tear lately, climbing 5.6% in the last 24 hours to reach $2,666, with a 30-day gain of more than 64%. This
Ethereum Price Could Surge to $3,200 as CME Futures Gaps Remain Unfilled Read More »
As the market rally continues, investor sentiment appears to be increasingly positive. This is seen in the way traders move and store their assets. Data analyzed by the market intelligence platform Santiment revealed that the supply of bitcoin (BTC) and ether (ETH) on crypto exchanges has hit multi-year lows. While this development does not guarantee
BTC and ETH Supply on Exchanges Hit Multi-Year Low: What Does This Mean? Read More »
With crypto assets quietly moving off exchanges and important metrics pointing away from overheated conditions, the momentum seems to be far from being exhausted. Several factors are at play, which suggest a growing case for the rally’s continuation. Market Sentiment Tilts Bullish Over 3,090 BTC, which is worth approximately $325 million, were withdrawn from Binance
Bitcoin’s Rally Has More Room as These Crucial Metrics Align Read More »
Ethereum’s price metrics are flashing signals that suggest that the long-awaited altcoin season (altseason) may be around the corner. According to a report by the market analytics platform CryptoQuant, the relative price of ether (ETH) compared to bitcoin (BTC) may have seen the bottom for this cycle. Previously, such low levels have been followed by
ETH Dips Into Undervaluation Zone, Is Altseason Around the Corner? Read More »
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