Ethereum is currently trading at a critical resistance zone. A potential harmonic pattern is forming that could signal a deeper pullback before a major bullish continuation unfolds. Ethereum’s (ETH) price action has reached a pivotal point, with the asset now trading at a high time frame resistance level of $2,590. This zone is technically significant,…
Price gains over the past week boost total assets under management up to a new all-time high of $188 billion. CoinShares noted a shift in investor attitudes which favored Ethereum more than Bitcoin. In the past week, digital asset investment products saw $1.04 billion in global inflows, which marked the 12th consecutive week of inflows….
Solana, Ethereum’s most significant rival, leads among cryptos with the highest dApp (decentralized application) revenue. In June, Solana clocked over $146 million in revenue from decentralized applications in its ecosystem. Solana has consistently led in dApp revenue and metrics, outpacing Ethereum and BNB. Solana vs. Ethereum comparison The two competing smart contract platforms have rivaled…
The price of Ethereum remains in a consolidation phase, but is showing signs of accumulation, which may lead to a bullish breakout. Ethereum (ETH) was trading at around $2,500 at the last check on Saturday, July 5, within a narrow range it has maintained since May. Third-party data shows that whales and Wall Street investors…
Polygon price has been in a free fall this year and is approaching its year-to-date low. Polygon (POL) dropped to a low of $0.1800 on Friday, July 4, down over 76% from its highest point this year. This decline has erased more than $4 billion in value, with its market cap falling from nearly $6…
Ethereum has lost the $2,550 high time frame resistance on multiple candle closes, confirming a possible bull trap. The price now risks returning to range lows, with support sitting at $2,226. Ethereum (ETH) has reacted bearishly from a critical high time frame conflict zone near $2,550. This level had served as a key resistance in…
Ethereum quietly posted a historic month in June, even as its price action remained muted. According to a July 3 analysis by CryptoQuant contributor Carmelo Alemán, Ethereum (ETH) saw a historic wave of accumulation and staking activity last month, pointing to strong conviction from long-term holders and institutional players. Ethereum’s accumulation addresses, wallets with minimal…
XRP, the native token of the XRP Ledger, has made headlines in the aftermath of the SEC’s lawsuit against Ripple and the withdrawal of the payment giant’s appeal. The crypto payments firm looks set to expand its stablecoin partnerships and boost XRP utility, both of which could push the altcoin higher. Why the end of…
Over the past 24 hours, Ethereum has rejected from its $2,550 resistance zone, triggering a structural breakdown. This region includes the 0.618 Fibonacci retracement, the point of control, and a major high time frame resistance level that has held for more than a week. If momentum fails to return, Ethereum may be setting up for…
At the EthCC, Vitalik Buterin mentions a number of tests that can be used to prove whether a company in the crypto space is truly secure and durable enough to withstand various attacks. During his speech at the Ethereum Community Conference or EthCC, Ethereum (ETH) co-founder Vitalik Buterin highlights several ways users and builders alike…
