Global #Ethereum

The Ethereum ecosystem is witnessing a notable shift as long-term holders, particularly whales, begin to offload their assets. This trend coincides with the Ethereum Foundation's ongoing selling spree, raising questions about market dynamics and future price movements.

In a notable shift within the cryptocurrency market, Bitcoin (BTC) is on the verge of forming a "golden cross," a bullish technical indicator that occurs when the 50-day moving average crosses above the 200-day moving average.

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on proposed rule changes that would permit options trading for spot Ethereum exchange-traded funds (ETFs).

Lucerne Cantonal Bank (LUKB) has made history by becoming the first traditional Swiss bank to offer deposit and withdrawal services for cryptocurrencies.

Ethereum (ETH) has recently demonstrated impressive strength, surpassing key resistance levels and even outperforming Bitcoin (BTC). The price of ETH cleared significant barriers at $2,550 and $2,650, with bullish momentum propelling it to a high of $2,701.

The cryptocurrency market has experienced its fair share of highs and lows, with many predictions falling flat, particularly throughout 2023. However, recent developments, especially Ripple's partial legal victory over the U.S. Securities and Exchange Commission (SEC), may signal the onset of the long-anticipated altcoin season, a trend that many analysts believe is now on the horizon.