Cryptocurrency News
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 […]
The anticipation surrounding Ethereum’s first spot ETF has ignited one of the most significant rallies in the cryptocurrency market this year. Over the past 24 hours, several top cryptocurrencies, including $ETH, $UNI, $PEPE, $BONK, and $LDO, have all surged by more than 20%. Bitcoin’s leap to $71.4K for the first […]
Ethereum is dominating the crypto conversation across platforms like X, Discord, Telegram, 4chan, and Bitcoin Talk. The crypto community is eagerly anticipating the SEC’s decision on the first Spot ETH ETF, which could significantly impact the market. Additionally, speculation around Tether could drive a bullish market sentiment. 🗣️ #Ethereum is […]
Ethereum ETH continued to lag but has managed to post a double-digit gain in a week, increasing significantly above the key $3k level. It retraced slightly due to a rejection but is now bouncing back following 2% gains. After re-establishing support at the $2,860 level last week, ETH regained strength […]
Despite Ethereum’s poor performance year-to-date, Coinbase analysis suggests a bullish outlook for the second half of 2024. The potential approval of an ETH SPOT ETF, which has a 30% to 40% chance of passing, is a significant factor. Even if the ETF is rejected, there is a high likelihood of […]
Transaction fees on the Ethereum network have reached their lowest point in six months, largely due to the increasing adoption of layer 2 (L2) scaling solutions. In April, L2 projects accounted for a record-breaking 82% of all transactions, signaling a significant shift in how users interact with the blockchain. The […]