Tag: Ethereum

Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (April 1) – ETH Remains Bullish But May Lose Grip If This Support Collapses

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 […]

Crypto, News

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. […]

Crypto, News

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 […]

Crypto, News

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 […]

Market Analysis

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 […]

Market Analysis

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 […]

Crypto, News

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 […]

Market Analysis

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 […]

Crypto, News

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 […]