Cryptocurrency News
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 […]
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 […]
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 […]
Ethereum’s current price of $1,700 presents a scenario where $ETH stands out within the realm of top cryptocurrencies, drawing attention due to growing trader impatience. This impatience stems from its historically significant price volatility and the tendency for wallets to offload coins at lower price levels. The relationship between wallet […]
During the recent market decline that pushed Ethereum’s price below $1,650, the network witnessed a significant increase in large address activity, reflecting the heightened volatility in its price. This phenomenon indicates that both retail and institutional investors are actively engaged in trading and transferring Ethereum during these turbulent market conditions. […]
LunarCrush, a social media analytics platform for crypto, has revealed the top trending cryptocurrencies for trading this week. The coins on the list have seen a significant increase in social media mentions and activity, which could indicate that they are poised for further price gains. The top trending coins for […]
Following the current crypto market fall, Ethereum‘s price decreased by 7% to $1,785 yesterday and remained on a downward slope. The price recovers quickly and shows signs of a possible reversal. Ethereum finally resumed bearish after breaking out of a descending resistance to retap the $1,900 level in the past […]
Ethereum and most top altcoins have suffered a substantial loss amidst the latest crypto market’s downfall. The bears are stepping back to pull the price to $1,700 in the next few days. It lost 2.5% overnight. Following last week’s recovery that pushed the price above the $1900 level last weekend, […]
Ethereum (ETH) made a fakeout last week and immediately washed gains with a bearish engulfing candle. This led to a roller coaster for weeks as the bears seemed ready to mount pressure again. Currently down by 2% weekly. The first quarter of the year saw Ethereum’s price rally from the […]
Following several gains earlier this month, Ethereum flipped a four-month channel and marked a new high in a year. Failed to sustain momentum and rolled back inside the channel. What happened? Ethereum has been mirroring Bitcoin’s pattern for some weeks now. The correlating price actions made the second-largest crypto by […]
Ethereum made a mid-week reversal following the current correction in the overall market. This correction came with a sharp nosedive near the $1.9k level and has remained calm around there ever since. The past two weeks have been so volatile for Ethereum as it broke out of a four-month channel […]
Bitcoin and Ethereum have been two of the most prominent and valuable cryptocurrencies in the market since their inception. In recent months (since 2023), their prices have experienced significant increases, with periods of high growth. Despite this volatility, both cryptocurrencies have continued to attract investors and enthusiasts, with many speculating […]
After a long consolidation phase, Ethereum climbed above the $2k resistance level and printed a new monthly high. It looks so bullish and is still charging to take more highs. A quick recap from the past month of trading started with a rebound from a low of $1,370 to a […]
The cryptocurrency and blockchain space has grown and thrived despite the opposition from particularly the U.S. government and regulatory agencies like the Securities and Exchange Commission (SEC). Cryptocurrencies, just like Bitcoin and Ethereum, are decentralized digital currencies that allow for peer-to-peer transactions without the need for intermediaries like banks. The […]
Ethereum broke to a new high yesterday after witnessing a steady three-day gain. It retraced today, and now looking for solid support to resume positive actions. The second best-performing crypto by market cap accumulated for three weeks and broke out briefly to mark a 7-month high at $1,942 yesterday. That […]
Ethereum continues to show strength after reversing in the past week. The price dropped throughout yesterday but recovered today with a 1.8% jump. It looks to tap more highs in the coming hours. After bouncing sharply off the $1,371 level on March 10, ETH recovered higher and increased significantly by […]
Ethereum went through a lot of squeezes in late February and closed bearish. The price continued to drop this month and has lost almost 7% in the last 72 hours of trading. By this time last week, Ethereum saw a recovery at $1,560 and pushed higher to test January’s resistance […]
Ethereum continued to remain upward despite rejecting a key monthly resistance. The price has failed to drop and now appears to be gearing up for another increase. After surging through many resistance levels in the past month, Ethereum underwent a small correction and bounced back to mark a new level […]