Analysis Crypto by Thebittimes.Com

Ethereum rallied in the indices this week and jumped from the $1,200 level to $1,570 in less than four days. ETH attracted heavy bullish sentiments for the first time in 40 days after the successful transition from proof-of-work to proof-of-stake in September. The second largest crypto is up nearly 20% this week generating decent returns for investors. Now that Ethereum has a foothold on the $1.5K level, the crypto is aiming to reach its next leg of $1,800. Also Read: Here’s the Top 3 Most Profitable Cryptos of October 2022 Will Ethereum Reach $1,800 This Week? Source: Shutterstock The crypto markets stayed in the green for four consecutive days this week but are backtracking in price on Friday. The markets have a history of heading south during the weekends and attracting glimpses of green on the weekdays. Bitcoin is in the red today and the top 10 cryptos are also slipping in the indices. Ethereum is down nearly 3.6% but is holding on firmly to the $1,500 level. If th...

The crypto markets churned out superstars in 2021 as individual tokens stole the limelight each month. From tokens attracting celebrity endorsements to television commercials and larger-than-life community following, the crypto markets reached their peak of fame. As the saying goes, ‘what goes up must come down’ hit the cryptocurrencies faster than imagined. Also Read : 3 Penny Cryptos You Can Bet Your $1,000 In 2022 Here Are The Top 3 Cryptos That Lost Their ‘Way’ In 2022 1. Dogecoin (DOGE) Source: Analytics Insight Dogecoin was all the rage last year and in May 2021, for example, if you had tweeted that Dogecoin ’s hype will fizzle out, you would be called ‘crazy’. The meme-coin was an un-diminishable force giving out a feeling that the sun will never set on its fame. Investors from all corners of the world flocked to Doge wanting to be a part of its enigma. Fast-forward to today, Dogecoin has lost its way, hype, and fame, and c...