Wednesday, April 24, 2024
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Ethereum price won’t see $2K anytime soon, market data suggests

Ether (ETH) price faced strong resistance at $1,920 after the 17.5% rally between June 15 and June 22. A number of factors contributed to the limited upside, including worsening macroeconomic conditions, the regulatory cryptocurrency environment, and weaker demand for decentralized applications (DApps) on the Ethereum network.ETH price faces macroeconomic

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Indian Crypto Market Suffers Significantly — Experts Say Trading Volumes Unlikely to Recover Anytime Soon – Markets and Prices Bitcoin News

Crypto trading volumes in India have plunged significantly this year. The FTX meltdown has exacerbated the problem, hurting “the sentiment across crypto tokens.” Local crypto experts are not expecting a recovery in the near future “Unless something dramatic happens” in the upcoming Union Budget. Indian Crypto Market ‘Dead’ Since April, Says

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The market isn’t surging anytime soon — so get used to dark times

Global markets are going through a tough period — including the cryptocurrency market. But judging by talk from the peanut gallery, it seems like some observers haven’t received the memo.“Feel like we're relatively safe through mid-terms,” Twitter's “CryptoKaleo” — also known simply as “Kaleo” — wrote in a Sept. 12

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2 metrics signal traders do not expect $2T crypto market cap anytime soon

Cryptocurrencies failed to break the 42-day long downtrend after the $1.95-trillion capitalization resistance was rejected on March 20. Even though Bitcoin (BTC) gained a modest 3.7% over the past seven days, altcoins presented a robust rally.Crypto markets’ aggregate capitalization showed a 6.2% increase to $1.92 trillion between March 14 and

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SushiSwap CTO reveals why the project isn’t scaling on Optimism anytime soon

The chief technology officer of the SushiSwap decentralized exchange has revealed why the protocol is no longer keen to scale using layer two solutions from Optimistic Ethereum.The layer two solutions provider OΞ whitelisted several projects last year including Uniswap and Synthetix, granting them preferential access to its platform as it

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