Analysts say the trading movement started by WallStreetBets may boost adoption of ether and other cryptocurrencies.
The investor spotlight is now shining on DeFi tokens and trading.
Crypto spot volumes rose to the second-highest level in over a month.
Few are attributing the cryptocurrency's rise to market fundamentals after the GameStop roller coaster.
Ethereum, la criptomoneda con la segunda capitalización más grande del mercado, tocó un nuevo máximo histórico al alcanzar los USD 1.439,33 el 25 de enero. Es la primera vez que este activo digital supera el techo de los USD 1.400 desde el 13 de enero de 2018, y sus retornos acumulan un 76% en lo […]
Today was the first time bitcoin traded below $30,000 since Jan. 21.
Its price fell Tuesday but the amount of BTC in DeFi is at its highest in over a month.
The ether rally appears to be more organic and driven from within the crypto industry.
A bullish bitcoin mentality appears to be forming in the options market while ether continues on its roller coaster.
The increased accumulation by investors with deep pockets may have put upward pressure on ether's price.
There appears to be strong support around $30,000, according to traders.
Very low spot volume Thursday isn’t helping bitcoin's price.
Bitcoin fell by over $3,300 while options traders see ether going higher.
Fundstrat strategist David Grider based his bullish prediction in part on the promise of Ethereum's technology.
The Ethereum blockchain is growing fast thanks to DeFi, and some traders say the ether cryptocurrency could notch further gains.