Thursday, April 25, 2024
Home > Unlocked

Can Ethereum crack $2K? ETH price inches closer despite new unlocked supply

The price of Ethereum's Ether (ETH) token came just a few dollars from hitting $2,000 a day after the launch of the network's long-anticipated Shanghai upgrade.Ethereum ducks sell-the-news fearsOn April 13, Ether's price gained roughly 4% to reach an intraday high of $1,996 on Coinbase, ignoring the potential selloff pressure the

Read More

Crypto Game Axie’s AXS Token Gets Unlocked, Just as Short Squeeze Drives Up Price

Prior to the unlock, AXS was one of the worst-performing crypto assets by dropping 24% in a week, according to Messari. Traders positioned themselves for dropping further, building up shorts – bets designed toprofit from an asset’s price fall – and funding rates tilted overwhelmingly negative on most exchanges, according

Read More