Cryptocurrency News
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 […]
Ethereum’s price exhibited a decline below the crucial $2,240 support level, dipping briefly under $2,200 before finding support around $2,165. Similar to Bitcoin’s pattern, ETH established a short-term base and initiated an upward correction, currently trading at $2,205. Amidst the price fluctuations, Celsius continued to make notable deposits of Ethereum […]
Whales in the crypto sphere have made significant moves with Ethereum ($ETH), as revealed by recent on-chain reports. Celsius Network, in a notable development, released a pledge of 202,090 ETH, equivalent to $445 million, and initiated a transfer to the address 0xDb3…0998d. This address has now accumulated a total of […]
The cryptocurrency market witnessed a notable downturn as Bitcoin slipped below the $40,000 mark, accompanied by Ethereum’s decline to a low of $2,303. Reports reveal significant movements of Ethereum by Celsius and FTX. Celsius Network initiated the transfer of 15,200 ETH ($36.04 million) to Coinbase and FalconX. Despite this movement, […]
Ethereum has been significantly down in the past week with a current 17.9% share of the market. Although, it remains bullish on the higher timeframe, looking for a support line to foot a fresh increase. After breaking higher to a multi-month high of $2,717 two weeks ago, Ethereum initiated a […]
Recent Ethereum (ETH) market dynamics reveal a mixed picture, with reports of both selling and accumulation activities among major holders. Despite the Ethereum Foundation’s reported sale of 700 ETH for 1.684 million DAI at an average price of $2,422 over six days, whales are seizing the dip in ETH prices. […]
The recent downturn in the cryptocurrency market, particularly impacting Ethereum (ETH) and ChainLink (LINK), has witnessed both tokens experiencing a dip, with ETH falling below the $2500 mark and LINK slipping below $15. Over the past 24 hours, ETH and LINK have seen losses of 3% and 4%, respectively. Interestingly, […]
In a noteworthy development, Cardano ($ADA) has emerged as a frontrunner in terms of the volume of substantial transactions over the last 30 days, outshining Ethereum ($ETH) in this unique aspect. This positive shift comes amid the broader market’s collective effort to break free from the persisting downtrend. According to […]
As of the latest data, the XRP Ledger, Ethereum, and Bitcoin are all witnessing profit levels above 80%, a scenario not seen since March ’22. The current supply in profit for Bitcoin stands at 83%, Ethereum at 84%, and XRPLedger at 81%. Historically, these levels are considered high-risk profit zones, […]
While Bitcoin’s price has been in a consolidation phase post ETF adoption, Ethereum is witnessing significant gains. Currently trading at $2,571, Ethereum’s market valuation has reached $308.97 billion, marking a 1.53% increase. According to Santiment data, Ethereum’s price dominance against Bitcoin has surged by +22.4% in the past week. This […]
Ethereum saw a big breakout last week but failed to sustain the momentum. The price rolled back quickly and ended the week in the red. It resumed selling today with a 2% loss with a market dominance of 18%. The $2,700 range, which has been much-anticipated in the past months […]
Aside from ENS, which has stolen the show from Ethereum, ETC has joined the bullish party with an impressive gain in the last 24 hours. This has triggered a huge price explosion near its 17-month high. Following a solid bounce above $20 on the first day of the week, Ethereum […]
In a notable upswing, Ethereum Classic (ETC), positioned as the 21st largest cryptocurrency by market capitalization, has experienced a substantial surge following the announcement of the Bitcoin ETF. Soaring above $31, ETC achieved a yearly high at $31.99, reflecting an impressive gain of over 40%. The surge in trading volume, […]
Ethereum rejected a key resistance earlier today but the price is still up 3% following a steady increase since the start of this week. However, it looks bullish but the price remained trapped in a tight range. This month started a bit rough for Ethereum following a sudden collapse that hit […]
During a recent market downturn, Ethereum whales capitalized on the opportunity, amassing an impressive $1 billion in holdings. Cryptocurrency analyst Ali’s data for December revealed a consistent upward trend, showcasing an increase of over 410,000 ETH in holdings by Ethereum whales. In the past month, #Ethereum whales bought over 410,000 […]
Recent on-chain reports have unveiled intriguing activities in the crypto space as Bitcoin ($BTC) and Wrapped Bitcoin ($WBTC) witnessed notable price movement. Lookonchain data indicates that a savvy whale made strategic moves after Bitcoin surpassed the $45,000 mark. The whale deposited a substantial 1,000 $BTC ($22.47M) into Binance after the […]
Ethereum, the second-largest cryptocurrency by market capitalization, exhibited a brief upswing today, instilling confidence among investors. However, a notable transaction occurred amid a marginal dip in the token’s value, shedding light on the ongoing battle between bullish and bearish sentiments. Paradigm, an institutional liquidity network, executed a deposit of 6,500 […]