Cryptocurrency News
Ethereum ($ETH) has triggered a key bullish signal with the formation of a Golden Cross, as its 50-day simple moving average (SMA) crossed above the 200-day SMA. Historically, this technical pattern has indicated significant upward momentum. In 2023, a similar event preceded a 130% rally, sparking speculation that Ethereum could […]
Ethereum’s scaling roadmap is picking up pace, with significant growth seen across Layer 2 (L2) platforms. Uniswap, one of the largest decentralized protocols, has processed over $279 billion in L2 trading volume this year alone, demonstrating the growing adoption of Ethereum’s scalability solutions. Ethereum scaling roadmap is accelerating đź«Ł More […]
Ethereum’s balance on accumulation addresses has reached 19.5 million ETH, valued at approximately $78 billion. While Bitcoin accumulation addresses hold 2.8 million BTC worth around $280 billion, Ethereum’s balance is four times smaller in USD terms, which reflects its market cap being roughly a quarter of Bitcoin’s. ETH: Balance on […]
The past week was impressive as Ethereum revisited ATH following a steady monthly recovery. Looking strongly bullish weekly, it is down today as it searches for solid rebound support. A breakout is underway. During last the bullish cycle, Ethereum signalled a wild altcoins rally as volatility flew from the primary […]
Ethereum’s network activity has reached new heights, with transaction fees jumping nearly 40% this week. This surge is fueled by increased trading activity in decentralized finance (DeFi) protocols and the ongoing popularity of memecoins. Ethereum saw nearly a 40% increase in fees this week, as DeFi and memecoin trading continue […]
For the first time since March, Ethereum’s price has soared past the $4,000 mark, with a significant boost likely coming from U.S. spot Ethereum ETFs. However, a striking whale movement has also captured the spotlight. A long-dormant whale recently deposited its remaining 60,079 ETH—worth $234 million—into Bitfinex after nearly six […]
The Ethereum network continues to show steady growth, with over 134,000 new $ETH addresses being created daily. This consistent adoption highlights the increasing interest and activity within the Ethereum ecosystem, reflecting its ongoing relevance in the blockchain space. The #Ethereum network is showing consistent growth, with over 134,000 new $ETH […]
Digital assets attracted $270 million in inflows last week, bringing the total for 2024 to a record-breaking $37.3 billion. While Bitcoin ($BTC) experienced $457 million in outflows—likely from profit-taking after its $100,000 milestone—Ethereum ($ETH) emerged as the clear winner, raking in $634 million in inflows. Digital assets pulled in $270M […]
Despite struggling with volatility in the past few days, Ethereum’s price broke higher to tap the $3,700 zone today. The price is down but bigger moves lie ahead as it targets the current high while gathering liquidity. Unlike Bitcoin, Ethereum did not slow down buying in the past week despite […]
Ethereum’s on-exchange supply ratio has fallen to levels not seen since 2016, even as its circulating supply continues to grow. Despite the ongoing price slump, major investors, often referred to as “whales,” are quietly increasing their holdings instead of liquidating assets. “Ethereum’s exchange supply ratio has dropped to 2016 levels, […]
By November 2024, Ethereum ($ETH) has significantly increased its transaction dominance, now accounting for approximately 40% of all blockchain activity. This consistent growth throughout the year is a testament to Ethereum’s scalability and its expanding role in decentralized applications (dApps) and smart contracts. By November 2024, Ethereum’s transaction dominance has […]
Ethereum is gaining traction, posting a 3.6% price increase in the past 24 hours. According to data from @intotheblock, this rally has pushed 90.8% of ETH holders into profitable territory, the highest level since June. 🔥🔥#Ethereum seems to be picking up speed with a 3.6% price increase in the past […]
Ethereum’s second bull run appears to be in full swing, and history suggests it could outperform its first rally. In previous cycles, $ETH has consistently surpassed its initial peak during the second phase of its growth. Ethereum’s second bull run is underway, and history shows it often outperforms the first. […]
Ethereum’s trading volume has seen a significant spike in November, jumping by 85% from $3.84 billion to $7.13 billion mid-month. This surge comes as a result of increased interest in $ETH, fueled by the launch of Ethereum ETFs and a wave of post-Trump optimism in the market. Ethereum’s trading volume […]
According to data from Arkham, a prominent crypto whale identified as 6VaxPg…CEJsMvK made a significant move today, transferring all 308.166 billion BONK tokens to Coinbase at 15:49 UTC+8. The transferred BONK is valued at approximately $14.43 million. This whale first acquired BONK on December 18, 2023, and steadily increased its […]
Ethereum staking has experienced a significant rebound over the past week, recording a net inflow of +10K ETH. With 115K ETH deposited and 105K ETH withdrawn, this marks a notable shift after months of net outflows. The total staked ETH, represented by the blue line, is rising once again, signaling […]
Ethereum’s bullish trajectory remains intact on the daily chart following a fresh bounce from a key support level. The price now looks stalled due to a recent rejection. Bigger moves expected if the price rallies up. Following a dramatic breakout from the critical $2,800 level in the first week of […]
Ethereum is witnessing a surge in accumulation as on-chain data highlights a steady increase in holdings, indicating rising confidence in $ETH’s future potential. Historically, Ethereum has often benefited from profit rotations following Bitcoin’s major price moves, and the current market setup seems primed for a similar scenario. Ethereum accumulation is […]