Cryptocurrency News
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’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 […]
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 […]
Recent movements in Ethereum’s price have showcased a volatile trend, with the cryptocurrency dipping below key support levels of $3,000 and $2,920, and currently trading at $2,944. Insights from @intotheblock reveal that 1.38 million addresses collectively purchased 1.33 million ETH, amounting to $3.9 billion, at an average price of $2,984. […]
The cryptocurrency community celebrated a significant milestone as Ethereum’s market value surpassed $3,000 for the first time since April 2022. However, the jubilation was short-lived as the broader market experienced a drop over the past 24 hours, signaling a period of volatility. 🧐 #Crypto's celebration of #Ethereum's market value exceeding […]
Since Ethereum bounced off a key support level last month, the price increased steadily and broke through several key resistance levels to near a two-year high today. Its dominance stands at 17.6% with no sign of weakness at the time of writing. As much anticipated, Ethereum advanced bullishly and increased […]
As Ethereum eagerly anticipates the forthcoming Dencun upgrade set to revolutionize its scalability and efficiency, developers are gearing up for the momentous event scheduled for March 13, activating in slot 8626176. This upgrade heralds a new era for Ethereum, promising enhanced performance and scalability to meet the growing demands of […]
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a remarkable surge, reaching $2,800 for the first time since May 2022. #Bitcoin Breaks $52k#Ethereum Breaks $2,800 🔥🚀 pic.twitter.com/hSZsn89k0J — CoinEcho (@mycoinecho) February 15, 2024 This notable increase of 24% since February 1, 2024, underscores renewed optimism among analysts and […]
Recently, there has been a noticeable downturn in the value of Ethereum (ETH)-based ERC-404 tokens, marking a shift in the investment landscape. Among these tokens, Pandora (PANDORA), the most prominent ERC-404 token and a target of whale activity, has experienced a significant withdrawal. With a decline of over 4% observed […]
As February approaches its final stretch, the open interest in Ethereum options on the Chicago Mercantile Exchange (CME) has surpassed the levels seen in January, setting the stage for a potential new record high of $468 million. This surge in open interest underscores the increasing enthusiasm for Ethereum derivatives trading, […]
Ethereum has been on an upward trajectory over the past week, surpassing the $2,600 mark with a notable 7% gain, indicating a strong positive momentum in the market. However, today, the token experienced a slight dip in value, seeing a nearly 2% decline and currently trading at $2485. Spotonchain data […]
Ethereum stakers and holders received encouraging news this week as reports surfaced of significant Ethereum withdrawals from crypto exchanges. Over the past week alone, approximately $500 million worth of Ethereum was withdrawn from exchanges, contributing to a total outflow of $1.2 billion in Ethereum over the past month. Notably, around […]
Amid market calmness, Ethereum continued to recover but it is likely to face a key resistance soon. Failure to push above this resistance may lead to another drawdown. Its bullish trajectory remains intact from a short-term perspective. Ethereum has shown no sign of correcting lower with the latest price action […]
Following the latest FOMC Meeting, Ethereum, the second-largest cryptocurrency, experienced a downturn in Thursday’s trading session amid market volatility. The price of ETH plummeted by 3% intraday, breaching the crucial $2300 support level. Despite the challenging market conditions, Ethereum continues to advance its core changes, notably with the upcoming 2024 […]
As most top altcoins turn red today, Ethereum Classic remains strong on the daily but has retraced briefly. Buying pressure is still intact following a 10% gain in the last 7 days. This month, ETC witnessed a massive surge in volatility and tapped $32.4. The price pulled back from that […]
For the first time since its decline started on January 22, Ethereum’s value has reached $2,345. The network is expanding and adding active addresses at a commendable rate. A growing $ETH market cap is mostly justified by increased utility. 📈 #Ethereum has returned to a $2,345 value for the first […]
Ethereum, ETH bounced 3% weekly to retest a key price level after declining for two weeks. It looks strong in the 4-hour time frame but is currently calm as it faces resistance. However, it charges for more gains. After witnessing a series of highs and lows this month, Ethereum showed […]
In 2023, Polygon, a Layer-2 scaling network for Ethereum, came close to rivaling Ethereum in crypto user acquisition, as per data from blockchain analytics firm Flipside. The gap between Polygon and Ethereum was narrow, with Polygon gaining an impressive 15.24 million users compared to Ethereum’s 15.4 million. NEW: Polygon acquired […]