In a remarkable new development, Ethereum (ETH) soared to another milestone by breaking the $2,000 price resistance, driven by the optimism surrounding the news that the crypto giant, BlackRock, submitted another ETF for SEC review. Record-Breaking Daily Revenue For Ethereum Following this accomplishment, Ethereum’s daily revenue witnessed a significant surge, […]
Tag: ETH
ETHEREUM PRICE ANALYSIS & PREDICTION (November 10) – ETH Reclaims Yearly High Following 10% Gains Overnight, Incoming Breakup?
Ethereum finally broke out of a falling channel after increasing steadily for four weeks. While looking so bullish on the daily chart, it currently sits at a vital resistance level, gathering momentum to advance higher. Last month, Ethereum found support above the $1,500 level after undergoing a correction for months. […]
ETHEREUM PRICE ANALYSIS & PREDICTION (November 1) – ETH Enters Consolidation Phase After Testing Resistance, Incoming Sell?
Ethereum has reached a critical trading area – where a fresh decrease could take place. However, it remained bullish but has now entered a consolidation phase with a daily 1% loss. A week ago, Ethereum was trading as high as $1,865 after witnessing an impressive 20% growth within three weeks. […]
Ethereum Decreasing Exchange Supply Helps ETH Stand Out In The Current Crypto Market Spike
Ethereum (ETH) has emerged as a standout performer amid the recent resurgence in the cryptocurrency market. Several key factors have contributed to Ethereum’s strong performance, with its price surging past $1,850 for the first time since August 15th. One notable metric that underscores Ethereum’s strength is the decreasing supply of […]
Ethereum Abuzz: Analyzing The Surge In Discussions And On-Chain Activity
Ethereum has remained a prominent player with its versatile applications and robust ecosystem. However, recent data points to a significant surge in Ethereum-related discussions and on-chain activity, indicating heightened interest and engagement within the community. Ethereum Discussion Spikes The rate of Ethereum discussions on popular platforms like X, Discord, Telegram, […]
Ethereum: Wealth Accumulation Continues as Market Hovers Around $1,570
Ethereum (ETH), one of the leading cryptocurrencies, has seen ongoing trends in wealth accumulation among its top holders, both on and off exchanges. This is occurring as ETH’s market value remains relatively stable at just above $1,570. Exchange and Non-Exchange Wealth Distribution As of the latest data, approximately 8.51% of […]
Ethereum’s Downturn: A Signal of Impending Opportunity
Ethereum, the second-largest cryptocurrency by market capitalization, has recently seen its price tumble to $1,570, raising concerns and sparking debates within the crypto community. The drop in Ethereum’s value has led to a growing polarization among traders, as market sentiment becomes increasingly divided. Ethereum Historical Low Fees One notable aspect […]
$ETH, $SHIB, $SUSHI Crypto Traders Display Panic Behavior Amid Market Turbulence
Yesterday, traders in the cryptocurrency sphere witnessed some notable events, particularly among Ethereum, Shiba Inu, and Sushiswap enthusiasts. The charts painted a story of mild panic, signaling potential short-term opportunities for those closely monitoring these assets. Ethereum Traders Are Skeptical About The Asset Ethereum, often considered the second-largest cryptocurrency by […]
ETHEREUM PRICE ANALYSIS & PREDICTION (October 7th) – ETH May Retest $1,900 If This Pattern Repeats, Down 3% Weekly
Ethereum’s recovery appeared to be slowing down after testing a key resistance area earlier this week. It is currently in the red following a steady 8% loss this week. The buyers are trying to regroup. Last month, Ethereum recovered from a lower boundary of a channel and broke out of […]
Whales Accumulate $7.2M And Stake Ethereum in Anticipation of Market Catalysts
In recent weeks, there has been a noticeable trend in the cryptocurrency market, particularly concerning Ethereum (ETH). Several prominent whales have been accumulating and staking substantial amounts of ETH, signaling their anticipation of significant market catalysts on the horizon. Ethereum Whales Are Staking Their Holdings One such whale, identified as […]
ETHEREUM PRICE ANALYSIS & PREDICTION (September 26) – ETH Calms Under $1,600 As Volatility Shrinks, Is Another Storm Around The Corner?
Ethereum started the second half of the year on a bearish note with no sign of recovery at the moment. However, the price has stalled below a key level for days. A surge above that level could activate a fresh increase. This month, Ethereum continued to show signs of weakness […]
Ethereum’s Declining Exchange Balance Signals Strong Hodling Sentiment, Exchange Balance At 14,580,091.144 ETH
Ethereum (ETH) is experiencing a remarkable trend as its balance on cryptocurrency exchanges hits a five-year low, currently standing at just 14,580,091.144 ETH. This significant decrease in the amount of Ethereum held on exchanges is a clear indicator of a growing “diamond hands” sentiment within the cryptocurrency community. About 4,000 […]
Ethereum Network Fees Hit 2023 Lows – Potential Implications for Utility and Market Cap
Ethereum (ETH) has recently experienced a significant drop in network fees, reaching their lowest levels in 2023 at just $1.15 per transaction. This decline in transaction fees is reminiscent of levels last seen in late December 2022, and it carries important implications for both Ethereum’s utility and its potential to […]
Bitcoin/Ethereum Ratio Reaches New One-Year High: Implications For Crypto Investors
In the ever-evolving world of cryptocurrency investment, one metric that has recently grabbed the attention of analysts and traders alike is the Bitcoin/Ethereum ratio. This ratio measures the relative performance of Bitcoin (BTC) against Ethereum (ETH), two of the most prominent cryptocurrencies in the market. As it reaches a new […]
Smart Crypto Whale’s Massive $40 Million ETH Withdrawals From Binance: What Does It Mean?
Recently, a smart whale made waves in the crypto community by withdrawing a staggering 24,548 Ethereum (ETH) tokens from the popular exchange, Binance. These withdrawals, totaling $40 million in value at the time of the transactions, have left many wondering about the implications of such substantial movements in the market. […]
Ethereum ICO Whale Deposits 6,000 ETH Into Kraken, Sparks Selling Pressure Speculations
In a significant move in the world of cryptocurrency, an Ethereum whale recently deposited a substantial amount of 6,000 ETH (Ethereum) into the Kraken exchange, with a current valuation of approximately $9.96 million. This transaction, occurring just 50 minutes ago, has piqued the interest of the crypto community due to […]
Ethereum Recent Drop Signals Capitulation Moves
The recent drop in Ethereum (ETH) to $1,540, a level not seen since March 12th, has raised concerns and drawn attention to some interesting on-chain data. One significant observation is the movement of large quantities of stagnant ETH away from old wallets during this price decline. This phenomenon suggests that […]
Ethereum $ETH Total Value In ETH 2.0 Deposit Contract Reaches ATH Of 28M ETH
The total value of Ethereum (ETH) locked in the ETH 2.0 deposit contract has reached an all-time high of 28,537,842 ETH, or over $100 billion. This represents a 10% increase from the previous ATH of 25,937,766 ETH, which was set in April 2023. PoW To PoS The ETH 2.0 deposit […]