Today, Ethereum (ETH), the world’s second-largest cryptocurrency, experienced a significant 3% gain, propelling it toward a potential rally beyond $3,500. With a current market capitalization of $397.88 billion, Ethereum’s price stands at $3,315 at the time of writing. This week, the Ethereum network is witnessing its highest ratio of profitable […]
Tag: ETH
Ethereum Surges To New Highs As Market Activity Intensifies
The price of Ethereum, the second-largest cryptocurrency, has continued its impressive rally, gaining over 6% today to reach a new high of $3,287. This surge in Ethereum’s value has attracted significant attention from investors and market observers alike. Amidst the market rally, FTX and Alameda made notable deposits, contributing 2,000 […]
ETHEREUM PRICE ANALYSIS & PREDICTION (February 27) – ETH Keeps Breaking Grounds After Surpassing $3k, Is $3.3k The Next Target?
Ethereum continued to follow Bitcoin’s pattern, breaking through several barriers to reach a new multi-month high today. Despite posting almost 50% gains in the month, it currently shows no signs of weakness. The past month has been an interesting moment for Ethereum as it consistently increased to a peak of […]
Ethereum Gains Momentum Above $3,000 Amidst Increasing Staking Activity
Ethereum’s price surge above the $3,000 mark signals a promising trajectory for further growth in the cryptocurrency’s value. Recent data from intotheblock reveals a significant uptick in Ethereum supply staked, reaching 25% last week. This surge in staked Ethereum is attributed to a substantial portion flowing into restaking protocols, reflecting […]
Smart Trading Strategies And Whale Moves In The Ethereum Market
As Ethereum experienced a pullback, with its price dipping back to $2900, astute observers noted a savvy trader who capitalized on the market movement. The trader sold 7,425 ETH, amounting to $21.8 million, at $2,937 just a few hours ago, showcasing a keen sense of timing. A smart trader sold […]
Ethereum Faces Volatility As Prices Fluctuate, Some Notable Whale Sell-off To Monitor
Recent movements in Ethereum’s price have showcased a volatile trend, with the cryptocurrency dipping below key support levels of $3,000 and $2,920, and currently trading at $2,944. Insights from @intotheblock reveal that 1.38 million addresses collectively purchased 1.33 million ETH, amounting to $3.9 billion, at an average price of $2,984. […]
Ethereum Faces Volatility As Market Value Surpasses $3K With Whales Selling And Buying More Token
The cryptocurrency community celebrated a significant milestone as Ethereum’s market value surpassed $3,000 for the first time since April 2022. However, the jubilation was short-lived as the broader market experienced a drop over the past 24 hours, signaling a period of volatility. 🧐 #Crypto's celebration of #Ethereum's market value exceeding […]
ETHEREUM PRICE ANALYSIS & PREDICTION (February 20) – ETH Targets $3k, Can It Breakthrough This Psychological Level?
Since Ethereum bounced off a key support level last month, the price increased steadily and broke through several key resistance levels to near a two-year high today. Its dominance stands at 17.6% with no sign of weakness at the time of writing. As much anticipated, Ethereum advanced bullishly and increased […]
Ethereum Gears Up For Dencun Upgrade Amidst Surge In ICO Contributions
As Ethereum eagerly anticipates the forthcoming Dencun upgrade set to revolutionize its scalability and efficiency, developers are gearing up for the momentous event scheduled for March 13, activating in slot 8626176. This upgrade heralds a new era for Ethereum, promising enhanced performance and scalability to meet the growing demands of […]
Ethereum Surges To $2,800 Amidst Bullish Sentiment
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a remarkable surge, reaching $2,800 for the first time since May 2022. #Bitcoin Breaks $52k#Ethereum Breaks $2,800 🔥🚀 pic.twitter.com/hSZsn89k0J — CoinEcho (@mycoinecho) February 15, 2024 This notable increase of 24% since February 1, 2024, underscores renewed optimism among analysts and […]
Decline In Ethereum-Based ERC-404 Tokens Sparks Whales’ Interest, PANDORA Gets Investor’s Interest
Recently, there has been a noticeable downturn in the value of Ethereum (ETH)-based ERC-404 tokens, marking a shift in the investment landscape. Among these tokens, Pandora (PANDORA), the most prominent ERC-404 token and a target of whale activity, has experienced a significant withdrawal. With a decline of over 4% observed […]
Growing Interest In Ethereum Options Signals Potential For Record Highs As ETH Hits $2,800
As February approaches its final stretch, the open interest in Ethereum options on the Chicago Mercantile Exchange (CME) has surpassed the levels seen in January, setting the stage for a potential new record high of $468 million. This surge in open interest underscores the increasing enthusiasm for Ethereum derivatives trading, […]
Ethereum’s Price Fluctuations: Insights Into Jeffrey Wilcke’s Recent Deposit
Ethereum has been on an upward trajectory over the past week, surpassing the $2,600 mark with a notable 7% gain, indicating a strong positive momentum in the market. However, today, the token experienced a slight dip in value, seeing a nearly 2% decline and currently trading at $2485. Spotonchain data […]
Ethereum Witnesses Massive Withdrawals From Exchanges Amid ETF Speculation
Ethereum stakers and holders received encouraging news this week as reports surfaced of significant Ethereum withdrawals from crypto exchanges. Over the past week alone, approximately $500 million worth of Ethereum was withdrawn from exchanges, contributing to a total outflow of $1.2 billion in Ethereum over the past month. Notably, around […]
ETHEREUM PRICE ANALYSIS & PREDICTION (February 6) – ETH Poises For Gains After Forming Double-Bottom, Incoming Explosion?
Amid market calmness, Ethereum continued to recover but it is likely to face a key resistance soon. Failure to push above this resistance may lead to another drawdown. Its bullish trajectory remains intact from a short-term perspective. Ethereum has shown no sign of correcting lower with the latest price action […]
Ethereum Slips Below $2300 After FOMC Meeting; Celsius Announces Crypto Distribution
Following the latest FOMC Meeting, Ethereum, the second-largest cryptocurrency, experienced a downturn in Thursday’s trading session amid market volatility. The price of ETH plummeted by 3% intraday, breaching the crucial $2300 support level. Despite the challenging market conditions, Ethereum continues to advance its core changes, notably with the upcoming 2024 […]
ETHEREUM CLASSIC PRICE ANALYSIS & PREDICTION (February 1) – ETC Remains Strong Despite Latest Market Drops
As most top altcoins turn red today, Ethereum Classic remains strong on the daily but has retraced briefly. Buying pressure is still intact following a 10% gain in the last 7 days. This month, ETC witnessed a massive surge in volatility and tapped $32.4. The price pulled back from that […]
Ethereum Surges To $2,345 Amid Growing Network Activity And Investor Confidence
For the first time since its decline started on January 22, Ethereum’s value has reached $2,345. The network is expanding and adding active addresses at a commendable rate. A growing $ETH market cap is mostly justified by increased utility. 📈 #Ethereum has returned to a $2,345 value for the first […]