Bitcoin is facing selling above $100,000, but the repeated retest of a resistance level increases the likelihood of a breakout.
Ethereum news
Increasingly more analysts and chart patterns are pointing to an imminent Ether breakout to an all-time high, bolstered by BlackRock doubling its Ether ETF holdings.
While liquid restaking provides more utility for staked tokens, it also comes with its own risks, such as depegging and price volatility for derivative tokens.
Ether’s price may see an imminent breakout against Bitcoin based on Ether’s correlation with the four-year Bitcoin halving cycle.
Bitcoin bulls are attempting to push BTC price above teh $104,088 all-time high, and charts suggest ETH, LINK, AAVE and BGB will be the first to breakout.
Scroll’s native SCR token dropped roughly 32% on day one of trading after a controversial airdrop.
Blockchain platforms are introducing a solid alternative to traditional loyalty programs, offering flexible benefits that overcome card limitations.
MetaMask co-founder Dan Finlay’s memecoin experiment highlights Web3’s struggles with consent, trust and investor expectations.
Bitcoin remaining range-bound below $100,000 could be a net positive for Ether’s price and invite more investment into the world’s second-largest cryptocurrency.
Layer 2s could be “cannibalistic” for Ether’s price potential, despite their scalability benefits, according to industry watchers.