Category

Ethereum Price Target Lowered to Below $6,000 as Pullback Risks PersistIn a nutshell, Glassnode's on-chain data reveals that the current cycle's peak target for Ethereum has now been lowered to below $6,000. This downward revision contradicts earlier predictions, primarily driven by waning ETF inflows and selling pressure

Ethereum's Scaling Dilemma: Intensified Competition and the Path ForwardAs one of the world's most widely used decentralized finance (DeFi) platforms, Ethereum has long faced scaling challenges. Entering October 2024, Layer 2 and Layer 3 scaling technologies have shown some struggles as network transactions decline, resulting in transaction throughput reaching its lowest level since June this year

Bitcoin and Ethereum Futures Prices DeclineAs of the close of trading in New York on Thursday, October 17, the CME Bitcoin futures BTC main contract was trading at $67,050.00, down 1

Ethereum "Pectra" Upgrade: A New Era in 2025, Accelerating the Future of BlockchainThe Ethereum "Pectra" upgrade is set to launch in 2025, marking a significant milestone for the Ethereum network. This upgrade is considered one of the most important advancements in recent years, promising faster speeds, enhanced scalability, and a smoother user experience

Ethereum Trading Volume Leads the Pack, Can It Surpass Bitcoin?Every blockchain in today's world operates in its own way, resulting in different standards and advantages and disadvantages. Nonetheless, there are certain parameters that can be compared

Bitcoin Surges Past $68,000, Bulls Remain Strong, Ethereum Poised for Breakout: In-depth Market Analysis and Investment StrategySince entering October, the global economic landscape continues to be complex and volatile. However, the Federal Reserve maintained interest rates unchanged, hinting at potentially easing monetary policy in the future

Ethereum Poised For a Surge to $3,500, Could It Outpace Bitcoin?Following strong recent market performance, Ethereum (ETH) is attempting to break out of a bullish pattern, with some analysts suggesting that the cryptocurrency will surpass Bitcoin and head towards its March high.Ethereum Back Above $2,600, Break of Key Resistance Imminent?Benefiting from gains in the broader market, Ethereum successfully broke above the $2,500 support level this week

Ethereum Classic (ETC) Surges 38% in 24 Hours!Ethereum Classic (ETC) has experienced a strong rebound after a period of lull, surging 38% in the past 24 hours! Yesterday, the price of Ethereum Classic was around 13.8 yuan, while today it reached a high of 18

Bitcoin Hits a New High! But Volatility Cannot Be Ignored, Investment Needs CautionOn the evening of October 15th, Beijing time, Bitcoin price broke through $67,000 per coin, reaching its highest record since July 30th. As of 7:47 PM on October 16th, Bitcoin price has risen to $68,400 per coin, with a 24-hour increase of 4

Bitcoin Futures Surge Over 8% This Week, Ethereum Futures Also See GainsOn Friday (October 18), at the close of trading in New York, the CME Bitcoin futures main contract (BTC) settled at $68,605.00, up 2

Bitcoin Breaks $68,000: After the Euphoria, What Lies Ahead?Bitcoin's recent surge past the $68,000 mark has sparked widespread attention and heated discussions about its future trajectory. Is this price rally a fleeting phenomenon or a continuation of the bull market? Let's delve into Bitcoin's recent performance and its underlying drivers to gain insights into potential future developments

Cryptocurrency Market Analysis: BTC Breaks Out of Triangle Consolidation, Major Altcoins Move Defense Positions UpBitcoin (BTC)In the article published on the 15th, we noted that Bitcoin was inside a triangle convergence zone. To continue its upward trend, it had to break through the upper resistance level of the triangle at $67,200