Cryptocurrency News
Ethereum spot ETFs are accumulating ETH regardless of price fluctuations, demonstrating strong confidence in the cryptocurrency’s long-term potential. Currently, 27.5% of the total ETH supply is staked, with 16.3% of this staked ETH being re-staked through protocols such as Eigenlayer. This indicates a robust interest in local yield among ETH […]
Ethereum is experiencing a significant uptick in trader interest following the recent conclusion of the SEC’s investigation into the cryptocurrency. Adding to the excitement, Pantera Capital has announced plans to purchase $100 million worth of Ethereum. 📊 The coins seeing the largest rise in trader interest right now are: 👍 […]
Ethereum has seen a decline below the $3.4k mark today, further exacerbating concerns among investors. Just before this drop, an Ethereum ICO participant deposited 5,500 ETH ($19.3 million) to Kraken, suggesting significant whale activity. This particular whale, a participant from Ethereum’s initial coin offering (ICO) in 2015, received 150,000 ETH […]
Ethereum recently took a slight bearish break to retest the $3,660 level but is currently down 1% amid the latest drops in the market. A dip below last week’s low should confirm more meltdowns soon. So far, Ethereum’s value has decreased by more than 10% since it initiated drops from […]
The cryptocurrency landscape is witnessing a notable shift as the top 100 Ethereum wallets on exchanges have dropped to an all-time low of 8.41 million $ETH, a figure not seen since May 2018. This decline indicates an increasing distribution of Ethereum holdings over time. In stark contrast, the top 100 […]
Ethereum experienced a significant 5% decline today, dropping below the $3,500 mark. Recent activity from wallets linked to the Ethereum Foundation has contributed to the downward pressure on $ETH. In the past week, three wallets associated with the Ethereum Foundation have been actively selling Ethereum. Two of the foundation’s primary […]
Ethereum’s ETH outlook remains bullish on the daily chart despite posting notable losses in the past week. However, it is currently on the verge of losing a key support level to retest a recently broken resistance line. The past month saw Ethereum through a sudden surge through the $3k level […]
Yesterday, Ethereum, the second-largest cryptocurrency by market capitalization, saw its value decline by 3%, dropping below the $3700 mark. A significant move by a whale, who accumulated a substantial position in Ethereum seven months ago, is suspected to be a major factor. This whale recently deposited 7,916 ETH into the […]
In the ever-dynamic world of cryptocurrency, notable whale activity has recently stirred the market. A giant whale, previously profiting $76.6 million from Ethereum (ETH), has returned to accumulate more tokens. Just an hour ago, this whale withdrew 7,000 ETH, valued at $26.7 million, from Binance at a price of $3,814 […]
Ethereum ETH is up today but trading volatility remained low as it continued to consolidate despite the latest market increase. However, its bullish trajectory is still intact daily, gathering liquidity for a bigger rally. Looking back to last month’s trading, Ethereum saw a massive explosion near $4k after sitting well […]
The cryptocurrency market saw significant activity over the weekend, with the amount of Ether (ETH) flowing into exchanges reaching its highest point since January. On Saturday, a netflow of 140,660 ETH was recorded, marking the largest net deposit to exchanges in over four months. High inflows to exchanges are typically […]
In the recent SEC’s spot Ethereum ETF approval for public trading, the price exploded near $4k but later cooled off after facing a rejection. It has resurged and is now on the verge of breaking higher. Two weeks ago, Ethereum traded as low as $2,860 following a pullback from around […]
Bloomberg ETF analyst James Seyffart has forecasted that demand for spot Ethereum ETFs could reach 20% to 25% of that for Bitcoin ETFs. This prediction stems from Ethereum’s market size, which is roughly 30% that of Bitcoin. However, Ethereum ETFs have limitations, including the inability to stake and leverage on-chain […]
In a notable trend, $76.95 million worth of six Ethereum ecosystem tokens—$LDO, $ENS, $ENA, $PEPE, $UNI, and $AAVE—have been withdrawn from centralized exchanges (CEX) by fresh wallets and first-time accumulators in the past week. $76.95M worth of 6 #Ethereum ecosystem tokens, $LDO, $ENS, $ENA, $PEPE, $UNI, and $AAVE, have been […]
The U.S. Securities and Exchange Commission (SEC) has approved Form 19b-4 for eight Ethereum ETF issuers, including financial giants BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton. While this approval is a significant milestone, these issuers must still have their S-1 registration statements go effective before trading […]
Ethereum whales have ramped up their activity significantly, with large transactions (each valued over $100,000) hitting the highest levels since March, according to market intelligence platform Intotheblock. This surge in whale transactions aligns with Ethereum’s recent price rally, driven by speculations that the chances of $ETH spot ETF approval have […]
Crypto traders are increasingly optimistic as Bitcoin surged above $71K yesterday, and Ethereum climbed to $3,770 for the first time in ten weeks. Amidst this bullish trend, many weak hands may panic sell, but just a touch of FUD could set the stage for a new Bitcoin all-time high. 🤑 […]
Ethereum is experiencing its most bullish crowd sentiment since September, driven by optimism around the SEC’s likely approval of the first Ethereum ETFs and a corresponding price surge. This positive outlook is reflected in several key metrics across the Ethereum network. 📊 #Ethereum is seeing the most #bullish crowd sentiment […]