The current state of Ethereum’s price is attempting to recover from the $2,400 zone. This signifies a crucial point for investors and traders alike as the cryptocurrency market continues to be volatile. Based on recent trends, ETH must surpass the $2,550 mark to continue its upward momentum in the near term. Upon closer examination, Ethereum
Trends
The data from DefiLlama and The Block revealed that decentralized exchanges (DEX) experienced a decline in spot trading volume last month, dropping by 9% on a monthly basis. This decrease stands in contrast to the growth of approximately 8% seen in centralized exchanges during the same period. The volume ratio between DEX and centralized exchanges
Meet Opeyemi, a dedicated writer deeply immersed in the world of cryptocurrencies. Despite not initially choosing the digital asset industry, he has found himself captivated by it for over two years. Opeyemi prides himself on crafting insightful pieces that demystify blockchain technology and shed light on the latest trends in the crypto sphere. While some
Semilore Faleti has established himself as a prominent figure in the world of cryptocurrency journalism and content creation. His journey began with a diverse range of writing subjects, eventually leading him to specialize in blockchain technology and digital assets. With a passion for demystifying the complexities of cryptocurrencies, Semilore has become a respected voice in
The US Securities and Exchange Commission (SEC) has recently emphasized the importance of providing retail investors with more timely access to fund portfolio data. This data is vital for investors to make informed decisions, especially during times of market uncertainty such as the COVID-19 pandemic and geopolitical events. However, the current regulatory framework requires registered
Delving into the fascinating realm of cryptocurrency was not the initial career path for Opeyemi. However, after immersing himself in the digital asset industry for over two years, he has found himself captivated by the complexities of blockchain technology. Opeyemi prides himself on crafting unique pieces that decipher the intricacies of the crypto market and
Aayush Jindal, a prominent figure in the financial markets, boasts over 15 years of experience in Forex and cryptocurrency trading. Known for his exceptional skill in technical analysis, Aayush is revered as a senior market expert and trusted advisor to investors globally. His profound insights and astute chart analysis have helped countless individuals navigate the
Crypto analyst Man of Bitcoin recently shared his analysis of the trajectory of Bonk (BONK) coin using the Elliot Wave Theory. According to his prediction, BONK is expected to reach $0.000027 in the third wave of the Elliot Wave analysis. The analyst highlighted that BONK has already surpassed the first wave at $0.000022, indicating the
In recent days, the price of Bitcoin has seen some significant gains, with the digital currency testing the $65,000 resistance level. This has led to increased speculation and interest in the cryptocurrency market as investors closely monitor the movement of Bitcoin in the near term. Bitcoin’s price is currently trading above $63,500 and the 100
Bitcoin experienced a sudden spike of over 6% in value following the announcement made by Federal Reserve Chairman Jerome Powell hinting at a potential 25bps rate cut at the upcoming meeting on September 18. The cryptocurrency market, already known for its volatility, reacted unpredictably to this unexpected news. Traders are now closely watching Bitcoin’s movements