Cryptocurrency News
The recent dip in Ethereum’s price has prompted significant movements among crypto whales, as some have resorted to selling $ETH to cover debts. In the past two days, a single whale deposited a total of 31,968 $ETH (valued at $122.3 million) to Binance, with 22,746 $ETH ($77.7 million) moved in […]
In the past 24 hours, the cryptocurrency market has experienced a wave of liquidations, with 361,972 traders losing a total of $1.17 billion. Among the liquidations, one whale suffered a significant blow, losing $15.8 million when Ethereum’s price dropped to $3,432.70. However, this dip created an opportunity for another savvy […]
Ethereum ($ETH) is witnessing substantial institutional interest, as significant transactions highlight ongoing accumulation. Nine hours ago, two multisignature wallets linked to the same creator withdrew their first 4,502 $ETH (worth $17.54 million) from Binance at an average price of $3,895. These tokens were subsequently staked with @KelpDAO. As $ETH’s price […]
Ethereum is witnessing a wave of renewed interest, reaching its highest level of new wallet creation in eight months. December has seen an average of 130,200 new addresses generated daily on the network—a surge in activity not seen since April. 📈 Ethereum is seeing an 8-month high level of new […]
Facing a rejection earlier this month, Ethereum lost momentum and took a little break in bullish. However, it later located support and regained strength. Currently, the price is back in an upward range. Exactly a week ago, Ethereum lost grip above the important $4,000 level after rejecting its all-time high […]
Ethereum ($ETH) has triggered a key bullish signal with the formation of a Golden Cross, as its 50-day simple moving average (SMA) crossed above the 200-day SMA. Historically, this technical pattern has indicated significant upward momentum. In 2023, a similar event preceded a 130% rally, sparking speculation that Ethereum could […]
Ethereum’s scaling roadmap is picking up pace, with significant growth seen across Layer 2 (L2) platforms. Uniswap, one of the largest decentralized protocols, has processed over $279 billion in L2 trading volume this year alone, demonstrating the growing adoption of Ethereum’s scalability solutions. Ethereum scaling roadmap is accelerating 🫣 More […]
Ethereum’s balance on accumulation addresses has reached 19.5 million ETH, valued at approximately $78 billion. While Bitcoin accumulation addresses hold 2.8 million BTC worth around $280 billion, Ethereum’s balance is four times smaller in USD terms, which reflects its market cap being roughly a quarter of Bitcoin’s. ETH: Balance on […]
The past week was impressive as Ethereum revisited ATH following a steady monthly recovery. Looking strongly bullish weekly, it is down today as it searches for solid rebound support. A breakout is underway. During last the bullish cycle, Ethereum signalled a wild altcoins rally as volatility flew from the primary […]
Ethereum’s network activity has reached new heights, with transaction fees jumping nearly 40% this week. This surge is fueled by increased trading activity in decentralized finance (DeFi) protocols and the ongoing popularity of memecoins. Ethereum saw nearly a 40% increase in fees this week, as DeFi and memecoin trading continue […]
For the first time since March, Ethereum’s price has soared past the $4,000 mark, with a significant boost likely coming from U.S. spot Ethereum ETFs. However, a striking whale movement has also captured the spotlight. A long-dormant whale recently deposited its remaining 60,079 ETH—worth $234 million—into Bitfinex after nearly six […]
The Ethereum network continues to show steady growth, with over 134,000 new $ETH addresses being created daily. This consistent adoption highlights the increasing interest and activity within the Ethereum ecosystem, reflecting its ongoing relevance in the blockchain space. The #Ethereum network is showing consistent growth, with over 134,000 new $ETH […]
Digital assets attracted $270 million in inflows last week, bringing the total for 2024 to a record-breaking $37.3 billion. While Bitcoin ($BTC) experienced $457 million in outflows—likely from profit-taking after its $100,000 milestone—Ethereum ($ETH) emerged as the clear winner, raking in $634 million in inflows. Digital assets pulled in $270M […]
Despite struggling with volatility in the past few days, Ethereum’s price broke higher to tap the $3,700 zone today. The price is down but bigger moves lie ahead as it targets the current high while gathering liquidity. Unlike Bitcoin, Ethereum did not slow down buying in the past week despite […]
Ethereum’s on-exchange supply ratio has fallen to levels not seen since 2016, even as its circulating supply continues to grow. Despite the ongoing price slump, major investors, often referred to as “whales,” are quietly increasing their holdings instead of liquidating assets. “Ethereum’s exchange supply ratio has dropped to 2016 levels, […]
By November 2024, Ethereum ($ETH) has significantly increased its transaction dominance, now accounting for approximately 40% of all blockchain activity. This consistent growth throughout the year is a testament to Ethereum’s scalability and its expanding role in decentralized applications (dApps) and smart contracts. By November 2024, Ethereum’s transaction dominance has […]
Ethereum is gaining traction, posting a 3.6% price increase in the past 24 hours. According to data from @intotheblock, this rally has pushed 90.8% of ETH holders into profitable territory, the highest level since June. 🔥🔥#Ethereum seems to be picking up speed with a 3.6% price increase in the past […]
Ethereum’s second bull run appears to be in full swing, and history suggests it could outperform its first rally. In previous cycles, $ETH has consistently surpassed its initial peak during the second phase of its growth. Ethereum’s second bull run is underway, and history shows it often outperforms the first. […]