Cryptocurrency News
This week, a significant withdrawal of $126 million worth of Ethereum ($ETH) from exchanges suggests strategic accumulation in anticipation of the upcoming ETF launch. This move highlights growing confidence among investors as they prepare for potential market shifts. $126 million worth of $ETH was withdrawn from exchanges This week, signaling […]
Recent movements in the Ethereum market indicate significant accumulation by large holders, suggesting bullish sentiment ahead of potential developments like Ethereum ETFs. SEC Commissioner Peirce’s recent comments hint at possible reconsideration of Ethereum ETFs, especially with features like staking potentially influencing regulatory decisions. NEW: SEC Commissioner Peirce tells me Ethereum […]
The SEC has given the green light for spot Ethereum ETFs to commence trading on July 23. According to Bloomberg analyst Eric Balchunas, the SEC has instructed issuers to submit the final S-1 form by Wednesday and apply for effectiveness after the market closes next Monday, allowing trading to start […]
Ethereum is starting this week with another 5% gain after closing last week with a huge profit. While testing a minor resistance level, the price looks strong, forming a new bullish pattern on the daily timeframe. As mentioned in the past weeks, the crucial $2,800 support level has produced a […]
As the trading start of the ETH ETF nears, institutional interest in Ethereum is set to rise. On-chain reports indicate significant accumulation of Ethereum ecosystem tokens by whales and institutions. A recent activity highlights aavebank.eth withdrawing a substantial amount of tokens from Binance, including 21,027 $AAVE ($1.98M), 205,493 $UNI ($1.62M), […]
Ethereum is currently the top trending token in the cryptocurrency market, following the filing of updated S-1 forms for Spot Ethereum ETFs by major financial players including Fidelity, VanEck, Franklin, 21Shares, Grayscale, and BlackRock. Ethereum’s market value has climbed to $3,080, positioning it to potentially separate itself from the broader […]
The past week has been uglier for Ethereum as it witnessed a heavy drop to a critical support level. After a short bounce, it rolled back again and is now on the verge of breaking lower with a 17.2% market share. Ethereum has continued to suspend bullish following a major […]
Bitcoin fell below $56,000 in the last 24 hours, marking a 5.87% drop, while Ethereum (ETH) plummeted below $3,000, suffering a 9.96% decline. The entire crypto market saw a massive liquidation of $576 million, with long orders accounting for $499 million of this total. Bitcoin fell below $56,000, a 24-hour […]
A newly identified address, 0x4fd…4271E, has built a significant position of $77.87 million in altcoins and ETH within the past 24 hours. The top three tokens held by this address include $ETH worth $31.17 million, $PEPE valued at $9.9 million, and $SHIB worth $9.69 million. On-chain data suggests that this […]
According to CoinShares, digital asset investment products experienced $30 million in outflows last week, marking the third consecutive week of outflows. Ethereum saw its largest outflow since August 2022, with a staggering $61 million, making it the worst-performing digital asset investment product so far this year. According to CoinShares, digital […]
Bouncing off a key price area into a brief consolidation phase last week, Ethereum suspended bearish actions and increased above $3,500 earlier today. Despite retracing slightly, it is still up 4% on the weekly scale. A week ago, Ethereum tested the $3,240 level after witnessing several crackdowns for a month. […]
Ethereum continued to show signs of weakness weekly as it broke below a key support level in the latest dip. The bears are regrouping on the lower timeframe as bigger drops lurk around the corner. From $3,977, Ethereum saw a lot of reductions in the past weeks and lost some […]
Despite the stock market reaching new highs, Bitcoin and Ether have both declined over 10% from their yearly peaks. Other major cryptocurrencies such as Solana ($SOL), Cardano ($ADA), and Chainlink ($LINK) have experienced even steeper drops, each falling more than 25% from their recent highs. Despite the stock market reaching […]
Ethereum spot ETFs are accumulating ETH regardless of price fluctuations, demonstrating strong confidence in the cryptocurrency’s long-term potential. Currently, 27.5% of the total ETH supply is staked, with 16.3% of this staked ETH being re-staked through protocols such as Eigenlayer. This indicates a robust interest in local yield among ETH […]
Ethereum is experiencing a significant uptick in trader interest following the recent conclusion of the SEC’s investigation into the cryptocurrency. Adding to the excitement, Pantera Capital has announced plans to purchase $100 million worth of Ethereum. 📊 The coins seeing the largest rise in trader interest right now are: 👍 […]
Ethereum has seen a decline below the $3.4k mark today, further exacerbating concerns among investors. Just before this drop, an Ethereum ICO participant deposited 5,500 ETH ($19.3 million) to Kraken, suggesting significant whale activity. This particular whale, a participant from Ethereum’s initial coin offering (ICO) in 2015, received 150,000 ETH […]
Ethereum recently took a slight bearish break to retest the $3,660 level but is currently down 1% amid the latest drops in the market. A dip below last week’s low should confirm more meltdowns soon. So far, Ethereum’s value has decreased by more than 10% since it initiated drops from […]
The cryptocurrency landscape is witnessing a notable shift as the top 100 Ethereum wallets on exchanges have dropped to an all-time low of 8.41 million $ETH, a figure not seen since May 2018. This decline indicates an increasing distribution of Ethereum holdings over time. In stark contrast, the top 100 […]