Investors in the cryptocurrency realm should closely monitor the trajectory of Ethereum (ETH), as emerging analyses suggest a potential turnaround against Bitcoin (BTC). The current atmosphere for ETH remains overshadowed by a persistent bearish trend, which industry analysts have controversially dubbed “the ultimate shitshow of this cycle.” This alarming characterization illustrates the sharp declines Ethereum
Ethereum
The price of Ethereum (ETH) has been relatively stagnant recently, similar to Bitcoin (BTC). A well-known crypto analyst, Benjamin Cowen, has shared insights on Ethereum’s price movements. He has pointed out a possible correlation between the decline in ETH’s price and the increasing unemployment rates in the United States. According to Cowen, historically, Ethereum has
The cryptocurrency market is beginning to show signs of recovery, with Ethereum (ETH) leading the way with modest gains over the past 24 hours. After a significant drop that brought ETH down to $2,154 last Friday, the digital asset is now edging closer to the $2,400 mark, sparking optimism among investors. Market expert Jesse Olson
Samuel Edyme, more commonly known by his nickname HIM-buktu, is a multifaceted individual with a diverse skill set. His background as a web3 content writer, journalist, and aspiring trader sets him apart in the industry. Despite his impressive portfolio, Edyme’s entry into the world of cryptocurrency was not without its challenges. He initially fell victim
Switzerland’s Zurich Cantonal Bank recently made headlines by launching Bitcoin (BTC) and Ethereum (ETH) trading services, marking its entry into the cryptocurrency markets in Europe. This move comes as a significant step for the leading Swiss bank, as it aims to cater to the growing demand for digital assets among its customers. By offering 24/7
Samuel Edyme, also known by his nickname HIM-buktu, is a versatile individual with a passion for writing, journalism, and trading in the web3 space. His experience and expertise have allowed him to contribute to various industry-leading publications such as AMBCrypto, Blockchain.News, and Blockchain Reporter. Edyme’s foray into the world of cryptocurrency was not without its
Despite its popularity, Ethereum continues to underperform among the top largest cryptocurrencies by market cap. Recently, there has been a bearish movement causing the price to drop, putting many investors in the red. The ongoing trend suggests that the ETH price may fall below $2,000 once again. Amidst the downward trend, there is still a
Ethereum (ETH) is currently facing significant selling pressure and fear after a 23% decline, bringing its price down to yearly lows at $2,200. One major concern for investors is the ongoing underperformance of ETH compared to Bitcoin, a trend that has persisted since September 2022. Since then, Ethereum has fallen 44% against Bitcoin. This dramatic
Recent analysis shows that Ethereum has entered oversold territory, indicating a potentially bullish development for the cryptocurrency. Titan of Crypto has pointed out that historically, whenever the relative strength index (RSI) of ETH is in or near oversold territory on the 3-day chart, a rally or short-term pump occurs. This suggests that Ethereum could see
Samuel Edyme, also known as HIM-buktu, is not your ordinary web3 content writer. His journey into the world of cryptocurrency has been anything but conventional. Starting off with a scam, Edyme has transformed himself into a knowledgeable journalist, trader, and industry player. Edyme’s foray into the crypto universe began with a Ponzi scheme that led
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