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Ethereum Loses Its $3,000 Support as Selling Pressure Resumes

Ethereum (ETH) Current StatisticsThe current price: $2,969.96Market Capitalization: $355.58BTrading Volume: $30.11BMajor supply zones: $3,000, $3,500, $4,000Major demand zones: $1,700, $1,500, $1,000 Ethereum (ETH) Price Analysis April 13, 2024Ethereum’s (ETH) price has fallen below the moving average lines as selling pressure resumes. Today’s decline has resumed and surpassed the existing support at $3,079. The bears smashed […]

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Ethereum ETFs Face Uncertain Future Amid Regulatory Hurdles

Investors eagerly await the U.S. Securities and Exchange Commission’s (SEC) decision on Ethereum-based Exchange-Traded Funds (ETFs), with several proposals under review. The deadline for the SEC’s decision on VanEck’s proposal is May 23, followed by ARK/21Shares and Hashdex on May 24 and May 30, respectively. Initially, optimism surrounded the approval chances, with analysts estimating a […]

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Weekly Transaction Volume of USDT on Tron Doubles That on Ethereum

In the initial week of April, the weekly transaction volume of Tether (USDT) on the Tron network surged to $110 billion, highlighting increased stablecoin engagement within the network. As per a tweet from IntoTheBlock, Tether’s recent weekly gain’s achievement on Tron doubled the amount settled on Ethereum, affirming Tron’s dominance as the primary platform for […]

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Ethereum Faces Rejection At $3,700 As It Returns To Its Range

Ethereum (ETH) Current StatisticsThe current price: $3,491.58Market Capitalization: $419,728,710,736Trading Volume: $17,800,740,912Major supply zones: $3,000, $3,500, $4,000Major demand zones: $1,700, $1,500, $1,000 Ethereum (ETH) Price Analysis April 9, 2024Ethereum’s (ETH) price breaks above the moving average lines, reaching a high of $3,731 but returns to its range. The altcoin was repulsed at its recent high, but […]

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Ethereum’s Price Converges Above $3,200 for a Potential Surge

Ethereum (ETH) Current StatisticsThe current price: $3,330.06Market Capitalization: $399,792,087,435Trading Volume: $13,862,429,671Major supply zones: $3,000, $3,500, $4,000Major demand zones: $1,700, $1,500, $1,000 Ethereum (ETH) Price Analysis April 6, 2024Ethereum’s (ETH) price is consolidating above the $3,200 support level but below the moving average lines for a potential surge. Ether has been restricted in a range since […]

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Ethereum Falls from Recent High as It Revisits the $3,000 Low

Ethereum (ETH) Current StatisticsThe current price: $3,342.04Market Capitalization: $401,978,202,486Trading Volume: $18,634,124,109Major supply zones: $3,000, $3,500, $4,000Major demand zones: $1,700, $1,500, $1,000 Ethereum (ETH) Price Analysis April 2, 2024Ethereum’s (ETH) price has fallen below the moving average lines as it revisits the $3,000 low. On March 31, 2024, buyers tried to keep the price above the […]

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Ethereum Stays Stable but Struggles below the $3,600 High

Ethereum (ETH) Current StatisticsThe current price: $3,510.17Market Capitalization: $421,231,388,005Trading Volume: $12,595,249,892Major supply zones: $3,000, $3,500, $4,000Major demand zones: $1,700, $1,500, $1,000 Ethereum (ETH) Price Analysis March 29, 2024The price of Ethereum (ETH) has remained in the range of the moving average lines but struggles below the $3,600 high. Since March 16, the price has been […]

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Ethereum Continues Its Swings but Confronts the $3,700 High

Ethereum (ETH) Current StatisticsThe current price: $3,572.74Market Capitalization: $429,032,333,502Trading Volume: $18,973,228,711Major supply zones: $3,000, $3,500, $4,000Major demand zones: $1,700, $1,500, $1,000 Ethereum (ETH) Price Analysis March 26, 2024Ethereum’s (ETH) price has been stuck between the moving average lines but confronts the $3,700 high. The moving average lines have restricted the price movement of Ether. The […]

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EigenLayer: Exploring an Innovative Approach to Decentralized Security

Ethereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) brought about significant changes, particularly in how users secure the network and earn rewards. However, staked ETH is typically locked, limiting its utility. Enter EigenLayer. EigenLayer, a groundbreaking protocol built on top of the Ethereum blockchain, offers an innovative solution that unlocks the true potential of staked […]

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