Ethereum’s Market Order Imbalance Hits Record Negatives: $1,850 Is Now The Li...
Ethereum is attempting to stabilize around the $2,000 level as the broader crypto market shows tentative signs of relief. After weeks of persistent pressure, price action has paused its decline, but sentiment remains fragile. The recent rebound has helped ease immediate downside momentum, yet the technical structure still reflects a market recovering from significant damage rather than entering a confirmed uptrend. Related Reading: Engine Stalled: How The $8 Billion ‘October Shock’ Left Bitcoin’s Spot Market In A Liquidity Trap According to a CryptoQuant analyst, Ethereum endured a severe....
Related News
Solana is gunning for Ethereum’s crown as the battle for supremacy among smart contract platforms rages on. Even though Ethereum continues to lead the pack in this regard, it has not discouraged others who have been rapidly growing to steal market share from it. Solana has no doubt been the most powerful of these contenders, […]
A friend recently asked me: "what are the negatives of accepting Bitcoin payments?" which made me stop and think how I had never completely expanded on the cons of the technology myself. Cryptocurrency enthusiasts usually focus on the positives, but we should be tackling the problems also. Contemplating the negatives at this pivotal stage could help shed some light on the hurdles for adoption. Education. Most people, even some cryptocurrency enthusiasts, don't fully understand the ins and the outs of the Bitcoin software and protocol. Although this has gotten a lot better recently with....
As BNB rallies to new highs, the BNB Chain ecosystem achieves new milestones, fueled by record performances in network activity, gas efficiency, and trading-driven growth. Related Reading: US Labor Union Urges Senate To Oppose Crypto Bill Over Pension, Workers’ Risks BSC Hits New Gas Usage Milestone On Wednesday, the BNB Chain ecosystem hit new record […]
Mining companies are soaring as bitcoin hits record highs.
The Bitcoin price has ostensibly continued down in its bearish direction, which started in the second week of October. After slipping beneath the psychological $100,000 support, worries have surfaced among Bitcoin market participants regarding the broader market structure. Interestingly, the latest on-chain evaluation justifies this worry, as the downside bias for the Bitcoin price seems to be on the rise. Binance Taker Imbalance Falls Into Negative Territory In a Quicktake post on the CryptoQuant platform, on-chain research firm Arab Chain revealed an increase in sell-side momentum for....