{"id":494353,"date":"2022-06-28T23:00:17","date_gmt":"2022-06-28T23:00:17","guid":{"rendered":"https:\/\/ktsl888.com\/?p=494353"},"modified":"2024-06-11T14:21:07","modified_gmt":"2024-06-11T14:21:07","slug":"ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/","title":{"rendered":"Ethereum Plugs 11-Week Bleed, why $1,500 May Be On The Horizon"},"content":{"rendered":"

Ethereum has been closing red week after red week for the past 11 weeks. It is the longest red streak that has been recorded in the history of the cryptocurrency, hence, it carried significant implications for the digital asset. Through the decline, it has been one of the worst-hit coins, performing poorly compared to the other cryptocurrencies at this time. However, the digital asset has now closed its first weekly green candle in three months and things are looking up.<\/p>\n

Better Days Ahead<\/h2>\n

With this recovery has come a renewed interest in the digital asset. Coupled with the fact that the digital asset is now trading above its 50-day moving average, it has now solidified a bull trend for the short term. The activity on the network, though reduced, remains high enough to strike renewed faith in the heart of investors.\u00a0<\/span><\/p>\n

Related Reading |\u00a0Market Wallows In Extreme Fear As Bitcoin Struggles To Hold $20,000<\/a><\/strong><\/em><\/p>\n

However, there are still things that threaten the price of the cryptocurrency going on another bull rally. The Celsius debacle had been one of the major reasons behind the drawdown below $1,000 and remains a very real threat. The lending protocol which has found itself in a tight spot due to some bad trades remains at risk of being liquidated, and rumors continue to circulate that Celsius is planning to file for bankruptcy, which would mean users would not be able to get their tokens back.<\/p>\n

\"Ethereum<\/p>\n

ETH price sees first green weekly close after three months | Source: ETHUSD on TradingView.com<\/a><\/p>\n

Additionally, Three Arrows Capital\u2019s insolvency had hit the market hard but there is still more to come. This is because it is the leading crypto fund and as such had its hand in a large number of projects in the space, especially DeFi, the majority of which would be significantly affected by the 3AC insolvency.<\/p>\n

Ethereum To $1,500<\/h2>\n

Presently, the price of the digital asset is still trailing $1,200 but there are some things rumored in the market that will likely promote a pump in price. One of these is FTX’s supposed acquisition of the trading platform, Robinhood.<\/p>\n

Now, Robinhood is one of the most popular platforms when it comes to trading crypto. However, it has drawn the ire of the community in the past due to its practices. As such, if it were to be acquired by FTX, a trusted crypto exchange, it would mean that FTX would be bringing Robinhood\u2019s massive user base of more than 22 million to the broader crypto community.<\/p>\n

Related Reading |\u00a0Ethereum Fees Touch Monthly Lows As Transaction Volumes Plummet<\/a><\/strong><\/em><\/p>\n

There is nothing definite regarding the acquisition yet but the sentiment among investors regarding it has been good so far. A rally resulting from such an acquisition could easily see Ethereum grow more than 20% and that would put the digital asset above the $1,500 level once more.<\/p>\n

ETH is trading at $1,221 at the time of this wring. It remains the second-largest cryptocurrency in the space with a market cap of $148 billion.<\/p>\n

Featured image from CoinMarketCap, chart from TradingView.com<\/pre>\n
Follow <\/i><\/b>Best Owie on Twitter<\/i><\/b><\/a> for market insights, updates, and the occasional funny tweet\u2026<\/i><\/b><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"
Ethereum has been closing red week after red week for the past 11 weeks. It is the longest red streak that has been recorded in the history of the cryptocurrency, hence, it carried significant implications for the digital asset. Through the decline, it has been one of the worst-hit coins, performing poorly compared to the other cryptocurrencies at this time. However, the digital asset has now closed its first weekly green candle in three months and things are looking up. Better Days Ahead With this recovery has come a renewed interest in the digital asset. Coupled with the fact that the digital asset is now trading above its 50-day moving average, it has now solidified a bull trend for the short term. The activity on the network, though reduced, remains high enough to strike renewed faith in the heart of investors.\u00a0 Related Reading |\u00a0Market Wallows In Extreme Fear As Bitcoin Struggles To Hold $20,000 However, there are still things that threaten the price of the cryptocurrency going on another bull rally. The Celsius debacle had been one of the major reasons behind the drawdown below $1,000 and remains a very real threat. The lending protocol which has found itself in a tight spot due to some bad trades remains at risk of being liquidated, and rumors continue to circulate that Celsius is planning to file for bankruptcy, which would mean users would not be able to get their tokens back. ETH price sees first green weekly close after three months | Source: ETHUSD on TradingView.com Additionally, Three Arrows Capital\u2019s insolvency had hit the market hard but there is still more to come. This is because it is the leading crypto fund and as such had its hand in a large number of projects in the space, especially DeFi, the majority of which would be significantly affected by the 3AC insolvency. Ethereum To $1,500 Presently, the price of the digital asset is still trailing $1,200 but there are some things rumored in the market that will likely promote a pump in price. One of these is FTX’s supposed acquisition of the trading platform, Robinhood. Now, Robinhood is one of the most popular platforms when it comes to trading crypto. However, it has drawn the ire of the community in the past due to its practices. As such, if it were to be acquired by FTX, a trusted crypto exchange, it would mean that FTX would be bringing Robinhood\u2019s massive user base of more than 22 million to the broader crypto community. Related Reading |\u00a0Ethereum Fees Touch Monthly Lows As Transaction Volumes Plummet There is nothing definite regarding the acquisition yet but the sentiment among investors regarding it has been good so far. A rally resulting from such an acquisition could easily see Ethereum grow more than 20% and that would put the digital asset above the $1,500 level once more. ETH is trading at $1,221 at the time of this wring. It remains the second-largest cryptocurrency in the space with a market cap of $148 billion. Featured image from CoinMarketCap, chart from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet\u2026<\/p>\n","protected":false},"author":541,"featured_media":494368,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13625],"tags":[8323,1946,6931,86260,8686,78803],"class_list":["post-494353","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-eth","tag-ethereum","tag-ethereum-price","tag-ethereum-recovery","tag-ethusd","tag-ethusdt"],"acf":[],"yoast_head":"\nEthereum Plugs 11-Week Bleed, why $1,500 May Be On The Horizon<\/title>\n<meta name=\"description\" content=\"Ethereum has been closing red week after red week for the past 11 weeks. It is the longest red streak that has been recorded in the history of the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Plugs 11-Week Bleed, why $1,500 May Be On The Horizon\" \/>\n<meta property=\"og:description\" content=\"Ethereum has been closing red week after red week for the past 11 weeks. It is the longest red streak that has been recorded in the history of the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-28T23:00:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:21:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/06\/Ethereum-22.png?fit=752%2C752\" \/>\n\t<meta property=\"og:image:width\" content=\"752\" \/>\n\t<meta property=\"og:image:height\" content=\"752\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Best Owie\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/BestOwie\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Best Owie\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/\"},\"author\":{\"name\":\"Best Owie\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d\"},\"headline\":\"Ethereum Plugs 11-Week Bleed, why $1,500 May Be On The Horizon\",\"datePublished\":\"2022-06-28T23:00:17+00:00\",\"dateModified\":\"2024-06-11T14:21:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/\"},\"wordCount\":522,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/06\/Ethereum-22.png?fit=752%2C752\",\"keywords\":[\"ETH\",\"ethereum\",\"ethereum price\",\"Ethereum recovery\",\"ethusd\",\"ETHUSDT\"],\"articleSection\":[\"Ethereum\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/\",\"url\":\"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/\",\"name\":\"Ethereum Plugs 11-Week Bleed, why $1,500 May Be On The Horizon\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/06\/Ethereum-22.png?fit=752%2C752\",\"datePublished\":\"2022-06-28T23:00:17+00:00\",\"dateModified\":\"2024-06-11T14:21:07+00:00\",\"description\":\"Ethereum has been closing red week after red week for the past 11 weeks. It is the longest red streak that has been recorded in the history of the\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/06\/Ethereum-22.png?fit=752%2C752\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/06\/Ethereum-22.png?fit=752%2C752\",\"width\":752,\"height\":752,\"caption\":\"Ethereum\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ethereum Plugs 11-Week Bleed, why $1,500 May Be On The Horizon\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d\",\"name\":\"Best Owie\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g\",\"caption\":\"Best Owie\"},\"description\":\"Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/BestOwie\"],\"url\":\"https:\/\/ktsl888.com\/author\/owiebest\/\"}]}<\/script>\n","yoast_head_json":{"title":"Ethereum Plugs 11-Week Bleed, why $1,500 May Be On The Horizon","description":"Ethereum has been closing red week after red week for the past 11 weeks. It is the longest red streak that has been recorded in the history of the","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/","og_locale":"en_US","og_type":"article","og_title":"Ethereum Plugs 11-Week Bleed, why $1,500 May Be On The Horizon","og_description":"Ethereum has been closing red week after red week for the past 11 weeks. It is the longest red streak that has been recorded in the history of the","og_url":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2022-06-28T23:00:17+00:00","article_modified_time":"2024-06-11T14:21:07+00:00","og_image":[{"width":752,"height":752,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/06\/Ethereum-22.png?fit=752%2C752","type":"image\/png"}],"author":"Best Owie","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/BestOwie","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Best Owie","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/"},"author":{"name":"Best Owie","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d"},"headline":"Ethereum Plugs 11-Week Bleed, why $1,500 May Be On The Horizon","datePublished":"2022-06-28T23:00:17+00:00","dateModified":"2024-06-11T14:21:07+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/"},"wordCount":522,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/06\/Ethereum-22.png?fit=752%2C752","keywords":["ETH","ethereum","ethereum price","Ethereum recovery","ethusd","ETHUSDT"],"articleSection":["Ethereum"],"inLanguage":"en-US","copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/","url":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/","name":"Ethereum Plugs 11-Week Bleed, why $1,500 May Be On The Horizon","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/06\/Ethereum-22.png?fit=752%2C752","datePublished":"2022-06-28T23:00:17+00:00","dateModified":"2024-06-11T14:21:07+00:00","description":"Ethereum has been closing red week after red week for the past 11 weeks. It is the longest red streak that has been recorded in the history of the","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/06\/Ethereum-22.png?fit=752%2C752","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/06\/Ethereum-22.png?fit=752%2C752","width":752,"height":752,"caption":"Ethereum"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Ethereum Plugs 11-Week Bleed, why $1,500 May Be On The Horizon"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d","name":"Best Owie","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g","caption":"Best Owie"},"description":"Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/ktsl888.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ethereum Plugs 11-Week Bleed, why $1,500 May Be On The Horizon","url":"http:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/ethereum\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/06\/Ethereum-22.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/06\/Ethereum-22.png?fit=752%2C752"},"articleSection":"Ethereum","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["eth","ethereum","ethereum price","ethereum recovery","ethusd","ethusdt"],"dateCreated":"2022-06-28T23:00:17Z","datePublished":"2022-06-28T23:00:17Z","dateModified":"2024-06-11T14:21:07Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ethereum Plugs 11-Week Bleed, why $1,500 May Be On The Horizon\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/ethereum\\\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/ethereum\\\/ethereum-plugs-11-week-bleed-why-1500-may-be-on-the-horizon\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/Ethereum-22.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/Ethereum-22.png?fit=752%2C752\"},\"articleSection\":\"Ethereum\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"eth\",\"ethereum\",\"ethereum price\",\"ethereum recovery\",\"ethusd\",\"ethusdt\"],\"dateCreated\":\"2022-06-28T23:00:17Z\",\"datePublished\":\"2022-06-28T23:00:17Z\",\"dateModified\":\"2024-06-11T14:21:07Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/06\/Ethereum-22.png?fit=752%2C752","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/494353"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=494353"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/494353\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/494368"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=494353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=494353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=494353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}