Ethereum Poised For Strong Performance In H2 2024 Despite Early Struggles

Despite Ethereum’s poor performance year-to-date, Coinbase analysis suggests a bullish outlook for the second half of 2024. The potential approval of an ETH SPOT ETF, which has a 30% to 40% chance of passing, is a significant factor.

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These cryptocurrencies are up over 10% today despite Ethereum’s sharp 8% drop

Both Bitcoin and Ethereum have faced sharp declines over the past few hours despite the move to $40,000 on Thursday. The post These cryptocurrencies are up over 10% today despite Ethereum’s sharp 8% drop appeared first on CryptoSlate.

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Charted: Why Synthetix’s SNX Could Rally To $20 While Bitcoin Corrects

Synthetix (SNX) remained in a bullish zone above $15. 00, despite pullbacks in bitcoin and ethereum against the US Dollar. SNX price is likely to rally towards $20. 00 if it clears the $16. 00 hurdle.

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Bitcoin and Ethereum Fundamentals Remain Strong Despite Price Dip

Bitcoin and Ethereum look fundamentally strong despite recent price plunges. Both networks just reached all-time high hash rates and appear to be seeing increased usage. The hash rate highs come as BTC and ETH prices slid, losing some of their gains made thus far in 2021.

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Popular Youtuber KSI Tweets “Ethereum” Amid Fresh Rally

Ethereum pushed higher on Saturday despite Bitcoin flatlining. The cryptocurrency is up 7.5% in the past 24 hours and has moved past $1,300 for the first time since January of 2018. The cryptocurrency remains below the all-time high price of $1,450 despite the recent push higher and the recent Bitcoin rally to $42,000. ETH is […]

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Analysts Fear Further Downside Despite Ethereum’s Recovery from Overnight Dip

Ethereum has seen some immense bullishness throughout the past 24-hours, with the crypto breaking free from its range-bound trading in the $700 region and rocketing past $1,000 Where the entire market trends in the mid-term may depend largely on whether or not Bitcoin can maintain its foothold in the lower-$30,000 region If the crypto can hold above here and consolidate, it could provide ETH and other altcoins with further room to rally in the days […]

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Ethereum Price Explodes Past $1,100 as Bitcoin Stagnates

Ethereum is in the midst of rocketing higher despite stagnation in the Bitcoin price. Just minutes ago, the cryptocurrency pierced $1,100 after holding the $1,000 price level. Chart of ETH's price action over the past few weeks from TradingView.

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Here’s Why Analysts Think Ethereum Will Soon Move Toward $800

Ethereum has underperformed Bitcoin as BTC has pushed past $33,000 today. ETH is up 8% in the past 24 hours while BTC has gained over 11%. Despite the relative underperformance, analysts soon think that Ethereum will catch up to the leading cryptocurrency.

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SushiSwap (SUSHI) Undergoes 10% Rally Despite Ethereum Drop

SushiSwap’s native token, SUSHI, has undergone a strong rally over the past 24 hours. The leading cryptocurrency is up 10% in the past 24 hours, pushing to multi-week highs after a few days of slow price action.

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Analytics Firm Reveals That Whales are Starting to Accumulate Ethereum

Ethereum has seen some turbulence throughout the past day thanks to its close correlation with Bitcoin While ETH was able to set a fresh post-2017 high yesterday evening, it lost its momentum and has since slid lower It is still showing some signs of strength, however, and where it trends in the mid-term will undoubtedly depend on Bitcoin Despite some uncertainty regarding its short-term outlook, so-called “whales” appear to be confident that upside is imminent […]

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Two DeFi coins THORChain (RUNE) and REN break out of slumber with 10% rallies

DeFi altcoins have been hammered hard over the past few weeks despite immense strength in Bitcoin, which has subsequently been reflected in Ethereum’s price action. The post Two DeFi coins THORChain (RUNE) and REN break out of slumber with 10% rallies appeared first on CryptoSlate.

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Ethereum is About to Test a Key BTC Resistance Level; What Analysts are Saying

Ethereum has finally broken its trend of underperformance against Bitcoin, with the crypto’s recent break above $700 allowing it to gain some ground on the ETHBTC pair This strength does appear to be growing, as the crypto has yet to face any harsh rejection around its recent highs, despite Bitcoin’s potential blow-off top at $28,500 BTC’s ongoing consolidation phase may turn out to be highly bullish for ETH and other altcoins One trader is also […]

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After Bitcoin surged to $28,000 and Ethereum hit $740, analysts have begun to fear a correction

Analysts have begun to fear a crypto market correction despite the Christmas rally. The post After Bitcoin surged to $28,000 and Ethereum hit $740, analysts have begun to fear a correction appeared first on CryptoSlate.

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Analyst: Post Bitcoin, Traditional Finance Will Flock To DeFi, Not Ethereum

Bitcoin is in price discovery and each day sets a new all-time high. But despite the soaring prices well above the previous record, altcoins have barely moved in comparison.  However, traditional finance will soon move profits and diversify, and when they do, one chartered financial analyst claims it’ll be into DeFi tokens, and not Ethereum […]

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Is January a good month for buying Ethereum Classic (ETC)?

The cryptocurrency market continues to trade in a bull zone, but Ethereum Classic’s price is still not able to surpass $6 resistance. Ethereum Classic (ETC) might still be undervalued despite all the problems, and some predictions say that this cryptocurrency could be again above the $40 level.

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Synthetix DeFies odds, surges 30% despite Ethereum drop from year-to-date highs

For most of the past 48 hours, the crypto market was blood red.

The post Synthetix DeFies odds, surges 30% despite Ethereum drop from year-to-date highs appeared first on CryptoSlate.

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Dogecoin (DOGE) Up 20% on the Day After Elon Musk Tweet

Dogecoin (DOGE) is up 20% in the past 24 hours despite Bitcoin, Ethereum, and other segments of the crypto market correcting after a jaw-dropping rally. BTC, for further context, is down 1% in the past 24 hours as it has failed to set new highs above $24,000.

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Ethereum's evolving growth has the potential to 'legitimize cryptocurrency'

The bulls are here and Bitcoin's price is once again raging. The market's top cryptocurrency successfully marked a new all-time high at $23,777 a few days ago. In fact, despite corrections, BTC's valuThe post Ethereum's evolving growth has the potential to 'legitimize cryptocurrency' appeared first on AMBCrypto.

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Litecoin (LTC) breaks $100 resistance for the first time in a year

Despite the continuous surge of Bitcoin’s price, Litecoin (LTC) is still leading the way when it comes to percentage increase in price for the week. Within seven days, litecoin has increased by nearly 45%, making it one of the best performing cryptocurrencies this week, above Bitcoin (BTC) and Ethereum (ETH).

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An ‘Extremely Bullish’ Institutional Catalyst for Ethereum is on the Horizon

As Bitcoin enjoys a wild ride to $23,800, Ethereum also managed to make it above $670. Interestingly for the second-largest cryptocurrency with a market cap of $75 billion, it is still 57% away from its all-time high despite rallying more than 400% in 2020.

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Ethereum Defends Pivotal Technical Level Despite Yesterday’s Drop

Ethereum and Bitcoin underwent a strong drop the other day after days of consolidation. Ethereum slipped from the $590 region to lows around $550, marking a strong decline for the cryptocurrency that had benefited so much from the ETH2 launch.

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Despite Ethereum’s Breakdown, a Massive Rally Could be Right Around the Corner

Ethereum has been closely tracking Bitcoin’s price action over the past couple of weeks, which has opened the gates for it to see some serious weakness Where it trends in the mid-term will depend largely on whether or not bulls can eventually surmount $600 This has proven to be a crucial price region for ETH, and its sustained bout of trading beneath it may strike a serious blow to bulls One trader is now noting […]

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Traders Eye Continuation For Ethereum Toward $900 After ETH2 Launch

Ethereum is expected to shoot higher in the weeks ahead despite the recent price consolidation. The cryptocurrency has held well in the high-$500s despite some downward pressure in the Bitcoin price.

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Ethereum Could Plunge Below $500 Despite Ongoing Rebound, Claims Analyst

Ethereum has been facing some turbulent price action throughout the past few days and weeks, with the selling pressure seen in the lower-$600 region forcing it lower on multiple occasions This has come about due to its close connections to Bitcoin and its price action, with the benchmark crypto’s inability to break $19,800 hampering the growth seen by ETH as well Despite the strong rebounds seen following every dip, sellers are still trying to fade […]

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Buterin Wants Ethereum 1.0 Gas Fee Upgrade Despite Beacon Chain Going Live

Ethereum co-founder Vitalik Buterin thanked everyone involved with the beacon chain upgrade, which went live yesterday. After years in the making, Ethereum’s proof-of-stake concept is finally a reality.

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Rollups to preserve Ethereum’s DeFi monopoly despite competitors: Messari

Popular crypto data provider Messari has predicted that roll-ups will beat out layer-one alternatives as the dominant scaling solution amid Eth2’s multi-year incubation.

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ETH declines despite Ethereum 2.0 going live

Ether’s (ETH) price is currently down by nearly 3% over the past 24 hours…

The post ETH declines despite Ethereum 2.0 going live appeared first on Coin Journal.

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Why Ethereum is gearing up for a long price rally

Ethereum is trading above $600, just as it did over the past weekend. What’s interesting however is that despite its dropping correlation with Bitcoin, the price has sustained at the current level.

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Ethereum 2.0 set to launch in December

Ethereum’s deposit contract attained its threshold of 524,288 Ether and is set to launch on December 1st. Its confirmation came in just nine hours remaining to the deadline. Despite the early concerns from the low staking participation, the transfer increased with more than 200,000 ETH in the past 14 hours.

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Ethereum Price Retreats to $600 Despite Imminent ETH 2.0 Rollout

Ethereum has witnessed some intense selling pressure following its latest push higher, with bulls trying to defend $600 as bears aim at pushing it below this level The selling pressure here has proven to be quite intense throughout the past few days, but bulls have been able to absorb all of it and continue pushing it higher Where the rest of the market trends in the near-term will depend largely on the $600 level and […]

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Here’s Why Analysts Think Ethereum Could Go Parabolic to $800 Soon

Ethereum has enjoyed a massive rally over the past two days despite some weakness on the part of Bitcoin. The leading cryptocurrency has rocketed from the $500 region to highs near $600 as of this article’s writing.

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Ethereum Could Target $850 Once It Breaks Key Resistance, Claims Analyst

Ethereum has flashed signs of immense strength despite a fleeting overnight selloff This recent decline came about in tandem with that seen by the rest of the crypto market Bitcoin plunged below $18,000 before posting a “V-shaped” recovery and rallying significantly higher This recovery also helped lead ETH higher, with the cryptocurrency rapidly navigating back up to where it has been trading throughout the past couple of days Its recent strength and unwavering uptrend indicate […]

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Analysts Still Expect Ethereum Rally to $500 Despite $40 Flash Drop

Analysts think that Ethereum is primed to press higher despite last night’s $40 drop. One analyst noted that Ethereum remains in an extremely advantageous position on a macro time frame. He shared a chart showing that ETH is currently sitting above macro supports, meaning it has room to stretch toward $800 and beyond as it continues to hold those technical levels.

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Bitcoin Suisse expects to offer Ethereum staking before Christmas

Despite the uncertainty around the launch of Ethereum 2.0, Bitcoin Suisse expects to make its ETH staking service available before the holidays.

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Bitcoin Sees “Longest and Most Stable” Rally Ever as Bulls Clock 73% in 73 days

Bitcoin and the aggregated crypto market are pushing higher today, with BTC breaking above $17,000 while Ethereum helps lead altcoins higher as well The benchmark cryptocurrency hasn’t seen much selling pressure at this level, despite it long being viewed as resistance It has struggled to break above this level a few times, but the selling pressure here has not catalyzed any sharp selloff Where it trends next will depend largely on whether or not it […]

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Is Crypto Now Mature Enough for Consumer Payments?

Vitalik Buterin, the co-founder of Ethereum has said via Twitter on November 16, 2020, that he firmly believes that crypto payments deserve another push towards mainstream adoption, despite making huge progress in the past decade.

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Ethereum Bulls Facing Stiff Resistance Despite ETH 2.0 Fervor

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Ethereum DeFi Exploiter Returns $50,000 to “Nurse” Affected by $5m Attack

DeFi Despite positive technological developments, the decentralized finance (DeFi) space is still rife with hacks and exploits. This much was made clear just recently, when $7 million was siphoned out of a cryptocurrency vault based on Ethereum.

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Bullish for ETH: The balance of Ethereum on exchanges just hit a multi-year low

Despite Ethereum being the backbone for the rapidly growing decentralized finance ecosystem, the cryptocurrency has been severely underperforming Bitcoin throughout the past few weeks. The post Bullish for ETH: The balance of Ethereum on exchanges just hit a multi-year low appeared first on CryptoSlate.

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Analysts Fear Ethereum Has Topped After $470 Resistance Is Tapped Twice

Ethereum has actually seen quite a tepid bout of price action despite Bitcoin pressing to new year-to-date highs. While the coin is up 1. 3% in the past day, it is still a handful of percent below local highs.

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Despite Infura Crash, Ethereum Leads Bitcoin, XRP to Higher Highs

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Nearly $360M in Bitcoin Moved to Ethereum in October Despite DeFi Cool-Off

October’s growth is less than half of September’s 68,000 newly tokenized bitcoins.

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Why Ethereum Is Primed to Move Higher Despite Drop From $460 Highs

Ethereum has faced a drop since the $465 highs it reached last week when Bitcoin broke toward $16,000. ETH trades for $445 as of this article’s writing. Still, analysts remain confident in the cryptocurrency despite the recent price weakness.

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Ethereum Surges to $470 Amid ETH2 Launch and DeFi Rally

Ethereum has undergone a strong rally over the past few days, pushing as high as $470. ETH is up around 10% in the past 24 hours, despite Bitcoin stagnating in the high-$15,000s. Ethereum’s rally higher comes as other altcoins have rebounded.

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Ethereum is Stuck Below a Crucial Level, But Analysts Aren’t Worried

Ethereum has been struggling to match the bullish price action seen by Bitcoin as of late, which has led it to consolidate around $380 The past couple of days have been no exception, and the cryptocurrency has yet to gain any bullish momentum despite BTC pushing against $14,000 It remains unclear as to when there will be an impetus for investors to rotate capital away from BTC and into ETH Once this does occur, however, […]

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Ethereum outperforms Bitcoin despite the lack of sentiment, why?

With the spooky month coming to an ending, the spookiest thing you can expect is Ethereum outperforming bitcoin. Well, Ethereum outperforming bitcoin isn't spooky per se, but there are other aspects tThe post Ethereum outperforms Bitcoin despite the lack of sentiment, why? appeared first on AMBCrypto.

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Crucial Ethereum Price Fractal Predicts Surge Toward $430

Ethereum has seen weak price action over the past few days despite strength in the Bitcoin price, which has managed to hold above the low-$13,000s for an extended period of time. Ethereum currently trades for $383, down nearly 3% in the past 24 hours.

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Ethereum's Buterin wishes Tezos well, despite previous criticism

There is no element of certainty in the crypto-market, whether it is a price trend or a position. The same was recently proven by Ethereum's Vitalik Buterin after he appeared to change his opinion on The post Ethereum's Buterin wishes Tezos well, despite previous criticism appeared first on AMBCrypto.

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Ethereum Reaches Bedrock Support Against BTC as Sellers Run Out of Fuel

Ethereum is in the process of trying to reclaim its key $380 support level following a brief dip below it earlier today. The cryptocurrency has been struggling to gain any momentum despite the intense strength seen by Bitcoin as of late, which is currently grinding up towards its key resistance at $13,800 as buyers maintain […]

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