Ethereum’s ETH correlation with Bitcoin’s pattern is still much intact but appears to be lagging in the recent recovery. However, it is down 4% today following the latest decrease in the global market. The bears are showing interest! The late February recovery has temporarily halted due to a choppy price […]
Tag: Ethereum
Solana Memecoin Surpasses Ethereum Rival As Third-Largest In Market
The deflationary Ethereum memecoin, $PEPE, faced a significant setback yesterday as it relinquished its position as the third-largest memecoin in the cryptocurrency market. This shift was driven by the remarkable surge of the Solana-based memecoin, Dogwifhat ($WIF), which now boasts a market capitalization of $4.48 billion, surpassing $PEPE’s $3.45 billion. […]
ETHEREUM PRICE ANALYSIS & PREDICTION (March 26) –ETH Regains Strength After Bouncing Off $3k, But Will It Last?
Ethereum ETH is up again as it follows Bitcoin’s movement after correcting by roughly 20% in the past week. It has formed another bullish pattern and is now jerking up for a new rally on the daily timeframe. Two weeks ago, Ethereum tapped the $4,094 level after trending bullishly for […]
Digital Asset Investment Products Witness Record Outflow, Bitcoin Leads As Ethereum Sees Whale Activity
Last week, the digital asset market experienced a significant shift as CoinShares reported a record outflow of $942 million from investment products. This marked a departure from seven consecutive weeks of inflows, indicating a notable change in investor sentiment. According to CoinShares, last week saw a record outflow of $942 […]
Ethereum Faces FUD Amidst Regulatory Scrutiny: A Closer Look At The Facts
Ethereum, the second-largest cryptocurrency by market capitalization, encountered a whirlwind of criticism and regulatory scrutiny over recent months, leading to a surge in speculative fear, uncertainty, and doubt (FUD) surrounding its future trajectory. As Ethereum’s price performance lags behind Bitcoin and Solana gains traction, coupled with regulatory concerns over its […]
Crypto Whales Seize Opportunity Amid ETHFI’s 37% Price Drop
The cryptocurrency market witnessed a significant event as the recently listed token ETHFI experienced a sharp decline of 37% in its price. However, amidst this market turmoil, two prominent crypto whales strategically seized the opportunity to acquire ETHFI tokens. According to on-chain reports, following the 37% price drop post-Binance listing, […]
ETHEREUM PRICE ANALYSIS & PREDICTION (March 18) – ETH Finds Support At $3.4k After Losing 12% Weekly, Will It Hold?
After smashing through several resistance levels during the last leg up, Ethereum rolled heavily under $4k and found solid ground yesterday. It has bounced slightly, aiming for a recovery with 3% gains daily. As expected in the past week, Ethereum finally took a downturn after experiencing a consistent rise for […]
ETHEREUM PRICE ANALYSIS & PREDICTION (March 12) – ETH Crosses $4k Following A 400% Increases In Twenty Months, More Breakups Lie Ahead
Yesterday saw Ethereum through a break above $4k after witnessing a consecutive increase for months. It faced rejection and now retests this price level as support. A bounce is expected as more buys lie ahead. Looking back to when the price started to increase in June 2022, the second largest […]
Ethereum’s Market Value Rises Over 4% To Nearly $4,000
According to data from Coinmarketcap, Ethereum experienced a significant uptick in its market value, surging over 4% to reach $3,998 per token. This upward momentum is particularly noteworthy considering the sluggish performance of traditional equities, with Bitcoin and Ethereum outpacing SP500 returns by 10.0% and 14.7% respectively this week. 📊 […]
Ethereum’s Price Surge Fueled By Whale Accumulation
In recent weeks, Ethereum (ETH) has experienced notable price momentum, largely attributed to significant accumulation by Ethereum whales. This trend has caught the attention of crypto enthusiasts and investors alike, signaling positive sentiment towards the digital asset. According to on-chain data analysis, two major ETH accumulators have emerged during this […]
Crypto Market Witnesses Significant Sell-Off But Holds Steady
In the last 24 hours, the cryptocurrency market experienced a noticeable downturn, leading to a decrease of over 2% in the global crypto market value. Ethereum (ETH) encountered a rapid decline of more than 15% within just five hours, plummeting to as low as $3,220. However, it swiftly bounced back, […]
Ethereum ETH Surges Past $3,700 Amid Bullish Momentum
The Ethereum market has witnessed a remarkable surge, with the price surpassing the $3,700 mark, mirroring the upward trend observed in Bitcoin, which recently soared above $68,000. Ethereum ($ETH) is demonstrating significant strength, showcasing a staggering 54% increase over the past four weeks, marked by a series of bullish candles […]
Ethereum Surges To $3,483 Amidst Whales’ Profitable Moves
Ethereum’s recent ascent to $3,483 marks a significant milestone, bringing it within 39.5% of its all-time high of $4,859 recorded on November 10, 2021. Today, the cryptocurrency registered a gain of over 4%, reflecting the bullish sentiment surrounding the digital asset. 🥳 #Bitcoin has now climbed as high as $64.1K […]
Ethereum Surges 3% As Whales Take Profits
Today, Ethereum (ETH), the world’s second-largest cryptocurrency, experienced a significant 3% gain, propelling it toward a potential rally beyond $3,500. With a current market capitalization of $397.88 billion, Ethereum’s price stands at $3,315 at the time of writing. This week, the Ethereum network is witnessing its highest ratio of profitable […]
Ethereum Surges To New Highs As Market Activity Intensifies
The price of Ethereum, the second-largest cryptocurrency, has continued its impressive rally, gaining over 6% today to reach a new high of $3,287. This surge in Ethereum’s value has attracted significant attention from investors and market observers alike. Amidst the market rally, FTX and Alameda made notable deposits, contributing 2,000 […]
ETHEREUM PRICE ANALYSIS & PREDICTION (February 27) – ETH Keeps Breaking Grounds After Surpassing $3k, Is $3.3k The Next Target?
Ethereum continued to follow Bitcoin’s pattern, breaking through several barriers to reach a new multi-month high today. Despite posting almost 50% gains in the month, it currently shows no signs of weakness. The past month has been an interesting moment for Ethereum as it consistently increased to a peak of […]
Ethereum Gains Momentum Above $3,000 Amidst Increasing Staking Activity
Ethereum’s price surge above the $3,000 mark signals a promising trajectory for further growth in the cryptocurrency’s value. Recent data from intotheblock reveals a significant uptick in Ethereum supply staked, reaching 25% last week. This surge in staked Ethereum is attributed to a substantial portion flowing into restaking protocols, reflecting […]
Smart Trading Strategies And Whale Moves In The Ethereum Market
As Ethereum experienced a pullback, with its price dipping back to $2900, astute observers noted a savvy trader who capitalized on the market movement. The trader sold 7,425 ETH, amounting to $21.8 million, at $2,937 just a few hours ago, showcasing a keen sense of timing. A smart trader sold […]