As cryptocurrency prices experience an upward trend, Ethereum is making significant strides towards its local peak resistance level of $2,444. An intriguing aspect of this ascent is the notable absence of exchange whales, while substantial accumulation is observed among the largest non-exchange Ethereum whales. 🐳 #Ethereum has continued working its […]
Tag: ETH
ETHEREUM PRICE ANALYSIS & PREDICTION (January 1) – ETH Continues to Lose Momentum After Facing Rejection, Big Drop Around The Corner?
Ethereum advanced bullish this week and broke out to a new yearly high. But it saw a rejection and failed to sustain bullish momentum. The price slipped and now looks weak on the daily timeframe. Following a quick recovery above the $2100 level in the mid-month, Ethereum’s price increased and […]
Ethereum Gains Momentum Surpassing Bitcoin In Holder Numbers Amid Buterin’s Roadmap Update
Ethereum, the second-largest cryptocurrency globally, is gearing up for a potential surge, capturing the attention and anticipation of the crypto community. As of now, Ethereum is valued at $2,330, showcasing a daily increase of 1.64% and a monthly growth of 8.16%. This consistent uptrend fuels speculations that Ethereum might soon […]
Blast L2 Achieves Significant Milestone With $1.1 Billion TVL
Blast, an upcoming Ethereum layer 2 platform, is generating buzz following its exclusive early access event, anticipating a public launch of the completed platform in February 2024. Recent data from Spotonchain indicates a major milestone for Blast_L2, reaching a total value locked (TVL) of $1.1 billion. A substantial amount, equivalent […]
Ethereum’s Exchange Holdings Decline, Anticipation Grows For $5,000 Price Surge
Currently, Ethereum’s value exhibits moderate growth, marking a 4.57% uptick to reach $2,316, coupled with a noteworthy increase in its 24-hour trading volume. In recent developments, Arthur Hayes, the founder of BitMEX, has chosen to divest from Solana, despite its recent accomplishments and nearly reaching the $100 mark. Instead, Hayes […]
Ethereum Shows Resilience As Market Value Holds Strong Amid Exchange Supply Decline
Ethereum (ETH), the world’s second-largest cryptocurrency, is poised for an upward trajectory after successfully retesting at $2,100. As of the latest update, the price of Ethereum is comfortably trading at $2,220. Insights from the market intelligence platform Santiment, shared on X, indicate a noteworthy trend in Ethereum’s market dynamics. The […]
Ethereum Whales Show Strong Accumulation With Over 100,000 $ETH Bought Amid The Recent Minor Price Dip
Over the recent months, Ethereum has demonstrated a consistent upward trajectory, surpassing the $2,000 mark after starting below $1,000. However, for investors seeking nuanced insights, delving into sentiment analysis of futures markets unveils noteworthy trends. While the price of Ethereum has experienced a positive trend, the simultaneous rise in open […]
ETHEREUM PRICE ANALYSIS & PREDICTION (December 15) – ETH Dips Below $2,300 In The Ongoing Meltdown, Incoming Correction?
Ethereum lost 3% of its value today following the current drawdown across the crypto market. It has formed a bearish pattern and now looks set for a big drop in the lower timeframe. During the last leg up, ETH touched $2,403 last week and saw a quick rejection there. This […]
Ethereum ($ETH) Witnesses 5% Dip Just Like Every Other Crypto Assets, Yet Whales Seize Opportunity For Fresh Accumulation
In the wake of a more than 5% decline in the past 24 hours on Monday, Ethereum ($ETH), the second-largest cryptocurrency, underwent a noticeable correction. Despite this dip, the resilience of investors to capitalize on the lower prices suggests that the market’s bullish momentum may not be dissipating. According to […]
Ethereum Achieves 18-Month High At $2,380 Amidst Whales’ Divergent Moves
Ethereum has reached an impressive milestone, surging to its highest level in 18 months and securing a position at $2,380. The latest trends in whale wallet activities shed light on intriguing dynamics within the Ethereum market, indicating potential for sustained growth. Insights from market intelligence platform Santiment reveal a noteworthy […]
Ethereum ($ETH) Marks Noteworthy Surge Towards Yearly High Amidst Positive Whale Activity
In a surprising turn of events, Ethereum ($ETH) has experienced a substantial surge today, delighting the Ethereum community with a notable 4% increase (currently at $2,104). As the cryptocurrency inches closer to its previous yearly high at $2,137, speculations are rife among market analysts, enthusiasts, and investors regarding the driving […]
Ethereum Layer 2 Blast Kicks Off With A Bang, Surpassing $109M In Total Value Locked (TVL)
In a notable stride towards enhancing Ethereum’s scalability, Ethereum Layer 2 Blast has made its debut in early access mode. With substantial financial backing of $20 million from investors such as Standard Crypto and Paradigm, Blast aims to set the stage as a frontrunner in Ethereum Layer 2 solutions, introducing […]
Fidelity Joins Ethereum ETF Race Following BlackRock’s Move
Big news in the finance world! Fidelity Investments, the financial powerhouse, is diving into the Ethereum Exchange-Traded Fund (ETF) competition by filing a 19b-4 with the Chicago Board Options Exchange (CBOE). And guess what? They’re not alone—BlackRock, another heavy hitter, threw their hat in the ring just a day before. […]
Bitcoin Takes The Lead In Transaction Fees, Beating Ethereum After Three Years
In a surprising twist, Bitcoin has reclaimed its top spot for daily transaction fees, leaving Ethereum behind after a three-year stint as the fee frontrunner. Ethereum’s charm lay in its flexible blockchain tech, giving rise to a plethora of decentralized apps (dApps) and spiking transaction fees, especially in the realms […]
Ethereum Surges Past $2,000 Mark As Daily Revenue Hits 4-Month High
In a remarkable new development, Ethereum (ETH) soared to another milestone by breaking the $2,000 price resistance, driven by the optimism surrounding the news that the crypto giant, BlackRock, submitted another ETF for SEC review. Record-Breaking Daily Revenue For Ethereum Following this accomplishment, Ethereum’s daily revenue witnessed a significant surge, […]
ETHEREUM PRICE ANALYSIS & PREDICTION (November 10) – ETH Reclaims Yearly High Following 10% Gains Overnight, Incoming Breakup?
Ethereum finally broke out of a falling channel after increasing steadily for four weeks. While looking so bullish on the daily chart, it currently sits at a vital resistance level, gathering momentum to advance higher. Last month, Ethereum found support above the $1,500 level after undergoing a correction for months. […]
ETHEREUM PRICE ANALYSIS & PREDICTION (November 1) – ETH Enters Consolidation Phase After Testing Resistance, Incoming Sell?
Ethereum has reached a critical trading area – where a fresh decrease could take place. However, it remained bullish but has now entered a consolidation phase with a daily 1% loss. A week ago, Ethereum was trading as high as $1,865 after witnessing an impressive 20% growth within three weeks. […]
Ethereum Decreasing Exchange Supply Helps ETH Stand Out In The Current Crypto Market Spike
Ethereum (ETH) has emerged as a standout performer amid the recent resurgence in the cryptocurrency market. Several key factors have contributed to Ethereum’s strong performance, with its price surging past $1,850 for the first time since August 15th. One notable metric that underscores Ethereum’s strength is the decreasing supply of […]