Ethereum started the week strong, inching back to the $4,800 mark, but several long-lasting divergences are pointing to an upcoming correction.Market watchers anticipate sell-off At the end of last week, Ethereum Foundation transferred 20,000 Ethereum, worth roughly 9,5 billion to Kraken.According to the Etherscan block explorer, the Ethereum Foundation … [Read more...] about Large transfers of Ethereum cause unease as market watchers anticipate selloff
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Dip-buyers anticipate further downside after Bitcoin price falls to $38K
The cryptocurrency market is in the midst of another lackluster day as Bitcoin (BTC) price dipped below $40,000 ahead of the Federal Open Market Committee (FOMC) meeting where officials intend to discuss whether interest rates should be raised or kept near zero. While many investors anticipate that BTC will soon resume its bull run and rally above $40,000, technical analysts … [Read more...] about Dip-buyers anticipate further downside after Bitcoin price falls to $38K
38% Ethereum futures premium signals traders anticipate $2,500 ETH
Now that Ether's (ETH) price broke the $2,000 level, hitting all-time highs this week, traders became excessively bullish and are expecting more upside in the short-term. Some analysts believe Visa's initial USD Coin (USDC) stablecoin transaction settlement on the Ethereum network kicked off the most recent rally. Others attribute the current Ether hike to a "triangle market … [Read more...] about 38% Ethereum futures premium signals traders anticipate $2,500 ETH