Ethereum, the second-largest crypto, is under extreme short-seller pressure as pessimistic bets pile up and network activity plunges. Options traders on Deribit are building foundations with serious commitments. So far, they’ve spent $110 million on these contracts, which will pay out if Ethereum’s price remains under $1,800 in mid-April. Ethereum...
Okay, so Ethereum popped 4% today. Big deal, right? The Western financial media will tell you it's just another blip, a technical correction, or maybe finally the start of the bull run they've been predicting for months. They’ll break down the short squeeze, the FIB levels, the bull flag patterns,...
Ethereum (ETH) is at a crucial crossroad as the cryptocurrency continues to trade above $1,625. The cryptocurrency has spiked 4% in value over the past 12 hours alone. Analysts are still on the lookout of its trend in price. Now, the big question is whether Ethereum is truly preparing for...
Ethereum, the second largest cryptocurrency by market capitalization, is at a great crossroads. Its market cap is nearly $200 billion, and its retroactive paradigm-shifting growth would make even Bitcoin envious. Over the past few decades, its performance has been dismal. The cryptocurrency finds itself having to navigate new internal battles...
Ethereum, the second largest cryptocurrency by market capitalization, has always been one of the most closely watched, focused and speculated cryptocurrencies. Like all realities, its course has been dotted with times of meteoric increase and mighty downturn. As BlockchainShock aims to provide insightful market sentiment analysis, advanced technical breakdowns, and...
Ethereum. The same name that it took to wave away concerns about the next technological disruption, the walletless future emerging all around us. Remember 2021? A peak of nearly $5,000! Now? It's struggling to stay relevant. We were promised a revolution. What happened?...while Ethereum continues to encounter significant technical hurdles....
On Tuesday, ZKsync (ZK), an Ethereum layer-2 scaling solution, suffered a security exploit. Hackers compromised its admin wallet and minted 111 million unclaimed ZK tokens that were withdrawn, worth $5 million. The ZK token price collapsed in the aftermath of the incident. It immediately fell close to 19% before recovering...
Ethereum. The supposed evolution of blockchain. But is it really? Or is it an overreaching house of cards made all of ambition, set to fall asunder by its complexity? As Bitcoin fights potential resistance at $85,000 to the upside, Ethereum is already moving further into the red, currently unable to...
Let's be frank. Watching Ethereum’s journey has been like watching a mad scientist on the verge of inventing the nuclear bomb. It’s maddening to watch someone else make a mint off all that effort. We poured our belief, and our ETH, into the angels of a decentralized future. Are we...
Ethereum, the former king of kings in the realm of smart contracts and dApps (decentralized applications), has been making major technical strides. Transaction speeds have increased dramatically, or in some cases transaction costs have decreased. These benefits are an outcome of the overall upgrades such as the Merge alongside the...
Are they truly promoting the public safety, or in fact using fear and control to inhibit innovation and opportunity? The lawsuits against Coinbase's staking program by a handful of states, resulting in an estimated $90 million in lost staking rewards for users, raise serious questions about regulatory overreach and its...
Are we really protecting investors, or simply killing innovation before it can grow? I can’t erase the question from my mind as the legal drama continues to unfold. That Coinbase combat with all five of these U.S. states over staking is long, complicated, and really fascinating. True, at first glance...
Since then, Paul Atkins has taken the reins at the SEC, which represents a dramatically different leadership as well. If successful, this change would be a tectonic shift for Bitcoin’s future. Forget the typical bureaucratic relabeling – this is an actual paradigm shift in thinking. He is a pro-crypto advocate....
Western analysts are salivating over Bitcoin possibly reaching $92,000. Okay, fine. Let’s be honest, that’s a whole lot of yesterday’s news in Southeast Asia. We understand that Wall Street is attuned to charting lines and price targets, and the like. In contrast, Gen Z in Indonesia, the Philippines and Vietnam...
$90,000 Bitcoin? So what? That’s probably your first thought. Another number, another headline. Allow me to say, this is not another price point. For Africa, a jump to $90K-$92K would be a tectonic shift kind of deal. Perhaps this new record will ignite the new financial revolution that has been...
Bitcoin (BTC) price has recently made powerful bullish momentum. This has left many individual investors scrambling to figure out whether it’s going to shoot up to $90,000 in the near future. This article unpacks the technical analysis behind TCX’s potential rally. That includes an overview of major support and resistance...
The hype was real. When Trump first indicated a pro-crypto position (most notably with the Strategic Bitcoin Reserve plan that sent Bitcoin’s value skyrocketing). The reality? That’s a huge disappointment, particularly to Africa’s rapidly growing fintech market. In the process, the often-forgotten continent is again, er, forgotten. We were sold...
Southeast Asia was buzzing. You could feel it. The busy streets of Jakarta are clamorous with activity. In stark contrast, Singapore’s tech scene is abuzz with the latest wave of hopeful optimism. Bitcoin. This initiative is not only about profit. We seek financial inclusion to unshackle from the longstanding gatekeepers...