Ethereum has shown signs of recovery, surpassing the $3000 mark and currently trading at $3,200, after experiencing a dip below $2,900 in the past week. On-chain reports indicate that whales are actively accumulating ETH, contributing to the token’s recent uptick. According to Lookonchain data, there are indications that Justin Sun, […]
Tag: ETH
Ethereum Transaction Costs Drop As Market Sentiment Shifts
The cost of making transactions on the Ethereum network has significantly decreased to just $2.07, a notable decline from the $15.21 observed on March 4th during a period of high demand. This reduction in transaction fees reflects the cyclical nature of market sentiment in the cryptocurrency space, often characterized by […]
Ethereum ICO Participant Sells 2,000 ETH As Tether Treasury Prepares To Mint More USDT
Recent on-chain reports reveal significant activity in the Ethereum ecosystem, with Ethereum ICO participant 0xc33/0xe6d making a notable sale of 2,000 ETH for 5.995M USDC at an average price of $2,997 over the past few hours. This participant, who received 33,213 ETH during the Ethereum Genesis ICO on July 30, […]
ETHEREUM PRICE ANALYSIS & PREDICTION (April 17) – ETH Continues Selling, Negotiating $3k For Next Big Move
Ethereum resumed selling pressure this week after experiencing a little retracement last. While on the verge of breaking down a key price level, it has posted roughly 7% loss in the past week. Rejecting $4,100 and $3,700 in the past weeks, Ethereum has found it difficult to push above the […]
Ethereum Community Debates Monetary Policy Amidst Rising Interest And Price Decline
As cryptocurrency prices continue their downward trend, Ethereum has emerged as a focal point of discussion, experiencing a notable surge in conversation volume. Despite the overall market decline, the introduction of a new ETF has sparked increased interest in Ethereum, the second-largest cryptocurrency by market capitalization, even as short positions […]
Ethereum-Powered Assets Like $TON, $LDO And $ENA Lead Market Surge, Staking Reaches Milestone
As Ethereum kicked off the week with a strong performance, ERC20 assets have outpaced the broader market, recording an impressive growth of +8.1% over the past week. 📈 Powered by #Ethereum's rise to start the week, #ERC20 assets have been well ahead of the markets on average. The sector has […]
Bitcoin And Ethereum Surge As Whales Fuel Buying Frenzy
Recent data from Binance reveals a significant breakthrough in both Bitcoin (BTC) and Ethereum (ETH) prices, with BTC surpassing $72,000 and ETH exceeding $3,600. The surge in prices coincides with a flurry of activity on the network, leading to a total liquidation of $148 million in the past 24 hours, […]
ETHEREUM PRICE ANALYSIS & PREDICTION (April 8) – ETH May Surge To $5k If This Bullish Pattern Repeats
After a mixed reaction in the past week, Ethereum ETH is slowly gaining traction again as the bulls return. It appears lagging as it follows BTC pattern, but has found a solid ground and remains bullish on the day. Ethereum started this month on a negative note after dropping from […]
Concerns Arise As Crypto Markets Dip, Bitcoin And Ethereum Under Scrutiny
The cryptocurrency market has kicked off the week with a downward trend, particularly affecting altcoins. Investors are closely monitoring the performance of Bitcoin and Ethereum to assess their resilience amidst the broader market downturn. Additionally, there is heightened interest in various trading strategies, with a focus on AI-driven approaches and […]
ETHEREUM PRICE ANALYSIS & PREDICTION (April 1) – ETH Remains Bullish But May Lose Grip If This Support Collapses
Ethereum’s ETH correlation with Bitcoin’s pattern is still much intact but appears to be lagging in the recent recovery. However, it is down 4% today following the latest decrease in the global market. The bears are showing interest! The late February recovery has temporarily halted due to a choppy price […]
Solana Memecoin Surpasses Ethereum Rival As Third-Largest In Market
The deflationary Ethereum memecoin, $PEPE, faced a significant setback yesterday as it relinquished its position as the third-largest memecoin in the cryptocurrency market. This shift was driven by the remarkable surge of the Solana-based memecoin, Dogwifhat ($WIF), which now boasts a market capitalization of $4.48 billion, surpassing $PEPE’s $3.45 billion. […]
ETHEREUM PRICE ANALYSIS & PREDICTION (March 26) –ETH Regains Strength After Bouncing Off $3k, But Will It Last?
Ethereum ETH is up again as it follows Bitcoin’s movement after correcting by roughly 20% in the past week. It has formed another bullish pattern and is now jerking up for a new rally on the daily timeframe. Two weeks ago, Ethereum tapped the $4,094 level after trending bullishly for […]
Digital Asset Investment Products Witness Record Outflow, Bitcoin Leads As Ethereum Sees Whale Activity
Last week, the digital asset market experienced a significant shift as CoinShares reported a record outflow of $942 million from investment products. This marked a departure from seven consecutive weeks of inflows, indicating a notable change in investor sentiment. According to CoinShares, last week saw a record outflow of $942 […]
Ethereum Faces FUD Amidst Regulatory Scrutiny: A Closer Look At The Facts
Ethereum, the second-largest cryptocurrency by market capitalization, encountered a whirlwind of criticism and regulatory scrutiny over recent months, leading to a surge in speculative fear, uncertainty, and doubt (FUD) surrounding its future trajectory. As Ethereum’s price performance lags behind Bitcoin and Solana gains traction, coupled with regulatory concerns over its […]
Crypto Whales Seize Opportunity Amid ETHFI’s 37% Price Drop
The cryptocurrency market witnessed a significant event as the recently listed token ETHFI experienced a sharp decline of 37% in its price. However, amidst this market turmoil, two prominent crypto whales strategically seized the opportunity to acquire ETHFI tokens. According to on-chain reports, following the 37% price drop post-Binance listing, […]
ETHEREUM PRICE ANALYSIS & PREDICTION (March 18) – ETH Finds Support At $3.4k After Losing 12% Weekly, Will It Hold?
After smashing through several resistance levels during the last leg up, Ethereum rolled heavily under $4k and found solid ground yesterday. It has bounced slightly, aiming for a recovery with 3% gains daily. As expected in the past week, Ethereum finally took a downturn after experiencing a consistent rise for […]
ETHEREUM PRICE ANALYSIS & PREDICTION (March 12) – ETH Crosses $4k Following A 400% Increases In Twenty Months, More Breakups Lie Ahead
Yesterday saw Ethereum through a break above $4k after witnessing a consecutive increase for months. It faced rejection and now retests this price level as support. A bounce is expected as more buys lie ahead. Looking back to when the price started to increase in June 2022, the second largest […]
Ethereum’s Market Value Rises Over 4% To Nearly $4,000
According to data from Coinmarketcap, Ethereum experienced a significant uptick in its market value, surging over 4% to reach $3,998 per token. This upward momentum is particularly noteworthy considering the sluggish performance of traditional equities, with Bitcoin and Ethereum outpacing SP500 returns by 10.0% and 14.7% respectively this week. 📊 […]