ETH

Ethereum

The ethereum price surged 7.4% to $2,225 on April 8, beating Bitcoin's 5% gain as net taker volume flipped positive for the first sustained stretch since 2023 according to Bloomberg. Buyers are stepping in with size, and the ethereum price is leading the recovery. But one ETH at ...

BitcoinWorld Avalanche Team’s Strategic $180M AVAX Deposit to Coinbase Reveals Crucial Market Dynamics Blockchain analytics reveal the Avalanche team has systematically transferred $180 million worth of AVAX tokens to Coinbase over a six-month period, representing approximately 1...

Bitcoin, XRP, and Ethereum are sliding as Iran cease-fire doubts pressure risk assets. Here is the key crypto price level to watch for the next move. Read original article on kanalcoin.com

Spot ETF outflows hit BTC, ETH, and SOL on Apr. 8, with ETH seeing the biggest pullback. #Bitcoin #Ethereum #Solana #CryptoETF

As markets reacted to Tuesday evening’s ceasefire announcement, Iran moved to assert control over passage through the Strait of Hormuz by saying it will demand crypto tolls — chiefly Bitcoin (BTC) — from oil tankers transiting the vital waterway during the two‑week pause in hostilities. Tankers Must Pay In Bitcoin Within Seconds Hamid Hosseini, a spokesperson for Iran’s Oil, Gas and Petrochemical Products Exporters’ Union, told the Financial Times that Tehran intends to assess each vessel seeking passage and levy a fee, communicated by email, that must be paid in digital currency. “Iran needs to monitor what goes in and out of the strait to ensure these two weeks aren’t used for transferring weapons,” Hosseini said, noting his industry association works closely with the state. Hosseini described a process in which ship operators must disclose cargo details by email, after which Iran will determine the crypto toll and give the vessel only a few seconds to complete payment in Bitcoin so the transaction cannot be traced or seized under sanctions. The announcement follows President Donald Trump’s post on Truth Social in which he said he would suspend strikes on Iran for two weeks, provided Tehran agreed to the “COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz.” Trump said that conversations with Pakistan’s Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, who asked him to hold off on military action, helped shape the decision. Iran’s Supreme National Security Council has set out a 10‑point basis for negotiations, including a new “protocol for secure passage” developed in coordination with Iran’s armed forces, signaling Tehran’s intent to retain leverage over the waterway even while talks proceed. Historic Real‑World Use Case While Bitcoin has broken the consolidation range below $70,000 amid short-term relief for the market, some analysts argue that accepting digital currency for strategic tolls is an unprecedented real-world use of a censorship-resistant asset. Analysts at TFTC wrote on social media platform X that this represents “the largest real‑world stablecoin use case ever recorded,” contrasting sovereign adoption to prior crypto activity such as decentralized finance (DeFi) yield farming or non-fungible token (NFT) speculation. Their comment underscores the notion long advanced by some in the crypto community: when a state is shut out of the dollar system , it may turn to alternative payment rails to sustain trade and collect revenues. Already, only a handful of vessels — mainly those with ties to Iran and not connected to the US, Israel, or Gulf states that supported recent strikes — have received approval to transit on restricted routes in the past fortnight. At the time of writing, Bitcoin was trading at around $71,570, having recorded gains of 4.6% over 24 hours. Ethereum (ETH), XRP, and Solana (SOL) have followed suit, achieving gains of 6%, 4%, and 5%, respectively, in the same period. Featured image from OpenArt, chart from TradingView.com

Ethereum and Bitcoin are going off in interesting directions right now.

Dogecoin corrected some gains from the $0.0960 zone against the US Dollar. DOGE is now holding the $0.0900 support and remains at risk of more losses. DOGE price started a fresh downside correction below $0.0950. The price is trading below the $0.0930 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.0925 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.090. Dogecoin Price Trims Gains Dogecoin price started a downside correction after it failed to surpass $0.0960, like Bitcoin and Ethereum . DOGE declined below the $0.0950 and $0.0940 levels. There was a move below the 50% Fib retracement level of the upward move from the $0.0899 swing low to the $0.0960 high. Besides, there is a bearish trend line forming with resistance at $0.0925 on the hourly chart of the DOGE/USD pair. The price even spiked below $0.0920 before the bulls appeared. Dogecoin price is now trading above the $0.090 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.0920 level. The first major resistance for the bulls could be near the $0.0925 level and the trend line. The next major resistance is near the $0.0935 level. A close above the $0.0935 resistance might send the price toward $0.0950. Any more gains might send the price toward $0.0980. The next major stop for the bulls might be $0.10. More Losses In DOGE? If DOGE’s price fails to climb above the $0.0925 level, it could continue to move down. Initial support on the downside is near the $0.0912 level or the 76.4% Fib retracement level of the upward move from the $0.0899 swing low to the $0.0960 high The next major support is near the $0.0910 level. The main support sits at $0.090. If there is a downside break below the $0.090 support, the price could decline further. In the stated case, the price might slide toward the $0.0880 level. Any more losses might call for a test of $0.0850. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.0910 and $0.0900. Major Resistance Levels – $0.0925 and $0.0935.

Ethereum Foundation sold 3,750 ETH worth $8.3M to fund R&D, grants, and donations. A treasury move with long-term goals. #Ethereum #ETH

US financial giant Charles Schwab has updated the allocation rates it offers to customers who want to hold cryptocurrency. Continue Reading: Charles Schwab Has Updated the Cryptocurrency Exposure Limits It Recommends to Its Clients