Crypto
Ethereum (ETH) Bullish Momentum to Begin at These Crucial Levels, Says Top Analyst By U.Today
Ethereum (ETH) Bullish Momentum to Begin at These Crucial Levels, Says Top Analyst
U.Today – In the ever-evolving landscape of the cryptocurrency market, (ETH) has found itself under the scrutiny of analysts as the digital asset hovers around crucial price levels. A prominent figure in the crypto space known as Crypto Tony on X (formerly Twitter) recently shared insights, that Ethereum’s bullish momentum could be initiated if it maintains a position above $2,130, with even greater optimism should it reclaim the range high at $2,500.
As of the latest market data, Ethereum is at $2,262, reflecting a modest 1.22% increase over the past 24 hours. However, the cryptocurrency has experienced a 4.29% decrease over the last 30 days, showcasing the volatility inherent in the market. The trading volume for ETH has notably surged by 75.24% in the last 24 hours, reaching $9,626,210,522, indicating heightened activity and interest in the digital asset.
Crypto Tony’s emphasis on the $2,130 and $2,500 thresholds aligns with the sentiment of many Ethereum enthusiasts, who closely monitor these levels as potential catalysts for a sustained bullish trend. The cryptocurrency community eagerly waits to see if Ethereum can not only maintain but surpass these critical levels in the coming days.
Potential bullish catalyst
In a related development, the Ethereum network is on the verge of a , known as the Prague upgrade or Pectra upgrade. This imminent update has generated considerable buzz within the Ethereum community, as it promises substantial enhancements and alterations to the platform. The Prague upgrade is anticipated to introduce improvements in , security and overall functionality, which could positively impact Ethereum’s price trajectory.
The potential bullish effect of the Prague upgrade on ETH’s value has sparked discussions among investors and analysts, with some speculating that the impending changes could serve as a catalyst for a price surge, propelling Ethereum above current levels.
While the market remains dynamic and unpredictable, the confluence of technical analysis highlighting key price levels and the anticipation of a major network upgrade contributes to the growing intrigue surrounding Ethereum’s future price movements. Market participants are closely monitoring the developments, ready to capitalize on potential opportunities as ETH navigates these crucial junctures in the ever-evolving crypto landscape.
This article was originally published on U.Today
Crypto
Wisconsin lawmakers crack down on cryptocurrency scams
MADISON, WI (WTAQ) — A new bipartisan bill is the state legislature is attempting to keep Wisconsinites safe from scammers.
Assembly Bill 968 creates consumer protections around cryptocurrency kiosks—and is aimed at stopping criminals from using crypto-kiosks to steal from victims. It was passed by the assembly last month and is now heading to the senate.
Americans lost over $330 million to scams involving crypto-kiosks in 2025.
As amended; the bill that passed the assembly would:
- set daily transaction limits at $1,000
- require cryptocurrency-kiosk operators to provide users with receipts
- implement consumer-identification measures for every transaction
- allow scam victims to receive refunds
“This also requires crypto-kiosk operators to be licensed as a money transmitter with the Department of Financial Institutions,” said bill co-author Representative Dean Kaufert (R-Neenah). “Right now there is no state statute with regards to these crypto machines, and there has to be some oversight.”
Over 700 cryptocurrency kiosks are located in convenience stores, gas stations, restaurants, and other locations throughout Wisconsin.
Detective Kevin Bahl with the Green Bay Police Department says although these scams don’t discriminate, scammers usually target the senior population.
“That’s because they’re the ones with more of the built up funds; that they can lose a significant of money, but we have seen a lot of younger victims too,” said Det. Bahl. “Victims are losing anywhere between a couple thousand dollars, all the way up to hundreds of thousands of dollars.”
The senate will reconvene beginning the second week of March, where Rep. Kaufert believes they will pass Senate Bill 975. Then the bill will go to the governor for approval by April 1. If approved, the law would likely go into effect around June.
Crypto
HSBC Says Lasting Iran Conflict Would Boost Oil, Gold, USD and Hurt Equities
Crypto
Crypto Sector Suffers Exodus of Reliable Retail Investors | PYMNTS.com
Retail investors are reportedly leaving the cryptocurrency sector, robbing the industry of a dependable driver.
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