The Ethereum (ETH) price chart shows strong buying pressure from this bottom support level, preparing for a bullish reversal. The price action shows the formation of a cup and handle pattern that could initiate a recovery rally. Ethereum ETH) price lost around 38% when it made a new low of $3300 from its all time

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On Thursday, major cryptocurrencies continued to trade downward and saw minor gains. In recent weeks, virtual currencies, led by Bitcoin, have been caught in a downward spiral, dropping up to 50% of their value since reaching record highs in mid-April. While there was also a pullback headed by the crypto-giant Bitcoin, which had gained about …

Competitors are milking Elon Musk’s misconceptions about Bitcoin’s energy consumption for all their worth. The general public and legacy media won’t shut up about this previously resolved can of worms. And when Vitalik Buterin, co-founder of Ethereum, received the question, he didn’t hesitate. Fortune quotes Buterin going all-in for Proof-Of-Stake, his consensus mechanism of choice: […]

Bitcoin Market OverviewBitcoin price continued to grind higher this week, rallying from lows of $53,333 to an intra-day high of $59,454. Price remains...

Ethereum’s recent run is one for the books. Their supremacy is under attack from every side, with great projects trying to steal a piece of their smart contracts pie. Nevertheless, ETH’s price and their blockchain’s adoption keep rising. The main drivers for this run are the NFT craze and the popularity of DeFi projects. And […]

After attempting a breakout on June 1st, Ethereum saw a brutal rejection on June 2nd that saw it fail to decisively pass the...