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 […]
Tag: ETH
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 […]
Ethereum Abuzz: Analyzing The Surge In Discussions And On-Chain Activity
Ethereum has remained a prominent player with its versatile applications and robust ecosystem. However, recent data points to a significant surge in Ethereum-related discussions and on-chain activity, indicating heightened interest and engagement within the community. Ethereum Discussion Spikes The rate of Ethereum discussions on popular platforms like X, Discord, Telegram, […]
Ethereum: Wealth Accumulation Continues as Market Hovers Around $1,570
Ethereum (ETH), one of the leading cryptocurrencies, has seen ongoing trends in wealth accumulation among its top holders, both on and off exchanges. This is occurring as ETH’s market value remains relatively stable at just above $1,570. Exchange and Non-Exchange Wealth Distribution As of the latest data, approximately 8.51% of […]
Ethereum’s Downturn: A Signal of Impending Opportunity
Ethereum, the second-largest cryptocurrency by market capitalization, has recently seen its price tumble to $1,570, raising concerns and sparking debates within the crypto community. The drop in Ethereum’s value has led to a growing polarization among traders, as market sentiment becomes increasingly divided. Ethereum Historical Low Fees One notable aspect […]
$ETH, $SHIB, $SUSHI Crypto Traders Display Panic Behavior Amid Market Turbulence
Yesterday, traders in the cryptocurrency sphere witnessed some notable events, particularly among Ethereum, Shiba Inu, and Sushiswap enthusiasts. The charts painted a story of mild panic, signaling potential short-term opportunities for those closely monitoring these assets. Ethereum Traders Are Skeptical About The Asset Ethereum, often considered the second-largest cryptocurrency by […]
ETHEREUM PRICE ANALYSIS & PREDICTION (October 7th) – ETH May Retest $1,900 If This Pattern Repeats, Down 3% Weekly
Ethereum’s recovery appeared to be slowing down after testing a key resistance area earlier this week. It is currently in the red following a steady 8% loss this week. The buyers are trying to regroup. Last month, Ethereum recovered from a lower boundary of a channel and broke out of […]
Whales Accumulate $7.2M And Stake Ethereum in Anticipation of Market Catalysts
In recent weeks, there has been a noticeable trend in the cryptocurrency market, particularly concerning Ethereum (ETH). Several prominent whales have been accumulating and staking substantial amounts of ETH, signaling their anticipation of significant market catalysts on the horizon. Ethereum Whales Are Staking Their Holdings One such whale, identified as […]
ETHEREUM PRICE ANALYSIS & PREDICTION (September 26) – ETH Calms Under $1,600 As Volatility Shrinks, Is Another Storm Around The Corner?
Ethereum started the second half of the year on a bearish note with no sign of recovery at the moment. However, the price has stalled below a key level for days. A surge above that level could activate a fresh increase. This month, Ethereum continued to show signs of weakness […]
Ethereum’s Declining Exchange Balance Signals Strong Hodling Sentiment, Exchange Balance At 14,580,091.144 ETH
Ethereum (ETH) is experiencing a remarkable trend as its balance on cryptocurrency exchanges hits a five-year low, currently standing at just 14,580,091.144 ETH. This significant decrease in the amount of Ethereum held on exchanges is a clear indicator of a growing “diamond hands” sentiment within the cryptocurrency community. About 4,000 […]
Ethereum Network Fees Hit 2023 Lows – Potential Implications for Utility and Market Cap
Ethereum (ETH) has recently experienced a significant drop in network fees, reaching their lowest levels in 2023 at just $1.15 per transaction. This decline in transaction fees is reminiscent of levels last seen in late December 2022, and it carries important implications for both Ethereum’s utility and its potential to […]
Bitcoin/Ethereum Ratio Reaches New One-Year High: Implications For Crypto Investors
In the ever-evolving world of cryptocurrency investment, one metric that has recently grabbed the attention of analysts and traders alike is the Bitcoin/Ethereum ratio. This ratio measures the relative performance of Bitcoin (BTC) against Ethereum (ETH), two of the most prominent cryptocurrencies in the market. As it reaches a new […]