Ether (ETH) paved the way for lower transaction costs with the Berlin upgrade on April 15. However, traders already know that the Ethereum Improvement Proposal 1559 is the most anticipated and controversial change scheduled for the upcoming London hard fork.The EIP introduces a base fee that will be burned when a transaction occurs, while miners receive a tip for validating … [Read more...] about Ethereum bulls hedge their bets ahead of next week’s $250M ETH options expiry
Bulls
Dogecoin (DOGE) hits a new ATH as Bitcoin bulls try to flip $63K to support
The price of Dogecoin (DOGE) experienced a strong 36% rally on April 13 and established a new all-time high at $0.0961. While the exact reason for the rally is unknown, the crypto market's most popular meme coin now finds itself on the shortlist of cryptocurrencies being considered as a payment option in today's post-pandemic business reopenings. Data from Cointelegraph Markets … [Read more...] about Dogecoin (DOGE) hits a new ATH as Bitcoin bulls try to flip $63K to support
Bitcoin bulls return after BTC bounces at a key support level
A wave of selling took command of the cryptocurrency market on April 7 after Bitcoin (BTC) price dropped below $56,000. The market-wide sell-off led to $1.4 billion in liquidations and some analysts suggested that this could be the final sweep out of overleveraged long traders before Bitcoin can make a run higher to the $70,000 level. BTC/USDT daily chart. Source: … [Read more...] about Bitcoin bulls return after BTC bounces at a key support level
$161M Ethereum options expiry tilts toward bulls as ETH flips $2K to support
With no short-term solution in sight for the surging network fees, some investors are afraid that Ether (ETH) price could face a correction. The EIP-1559 proposal is set to be bundled with the impending London upgrade, and this will change the gas fee structure, but traders are left to deal with high fees until then.The flexible block size proposal aims for a more predictable … [Read more...] about $161M Ethereum options expiry tilts toward bulls as ETH flips $2K to support
Bitcoin reclaims $58k as bulls eye historically bullish April
BTC price could rally higher in April and record new highs above $60k Bitcoin has jumped above $58k after holding off sellers near $57,700, with analysts suggesting BTC/USD could rally much higher in April. A positive price movement now suggests a higher monthly close could see investors head into historically bullish April with targets much higher than the all-time high of … [Read more...] about Bitcoin reclaims $58k as bulls eye historically bullish April