Tag: Ethereum

Crypto, News

Ethereum Surges 3% As Whales Take Profits

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 […]

Market Analysis

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 […]

Crypto, News

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 […]

Crypto, News

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. […]

Crypto, News

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 […]

Market Analysis

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 […]

Crypto, News

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 […]

Crypto, News

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 […]

Crypto, News

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, […]

Crypto, News

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 […]

Market Analysis

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 […]