As of the latest data, the XRP Ledger, Ethereum, and Bitcoin are all witnessing profit levels above 80%, a scenario not seen since March ’22. The current supply in profit for Bitcoin stands at 83%, Ethereum at 84%, and XRPLedger at 81%. Historically, these levels are considered high-risk profit zones, […]
Tag: Ethereum
Ethereum’s Market Dominance Surges As Bitcoin Consolidates After ETF Adoption
While Bitcoin’s price has been in a consolidation phase post ETF adoption, Ethereum is witnessing significant gains. Currently trading at $2,571, Ethereum’s market valuation has reached $308.97 billion, marking a 1.53% increase. According to Santiment data, Ethereum’s price dominance against Bitcoin has surged by +22.4% in the past week. This […]
ETHEREUM PRICE ANALYSIS & PREDICTION (January 16) – ETH Resumes Drops This Week After Losing 7% In Five Days, Can It Recover?
Ethereum saw a big breakout last week but failed to sustain the momentum. The price rolled back quickly and ended the week in the red. It resumed selling today with a 2% loss with a market dominance of 18%. The $2,700 range, which has been much-anticipated in the past months […]
ETHEREUM CLASSIC PRICE ANALYSIS & PREDICTION (January 12) – ETC Breaks To A New Monthly High As It Jumps 30% In A Day
Aside from ENS, which has stolen the show from Ethereum, ETC has joined the bullish party with an impressive gain in the last 24 hours. This has triggered a huge price explosion near its 17-month high. Following a solid bounce above $20 on the first day of the week, Ethereum […]
ENS PRICE ANALYSIS & PREDICTION (January 12) – ENS Explodes 45% Following Ethereum’s Latest Breakout, Where Next?
Ethereum Name Service (ENS) has been gaining much traction since it bounced off key support this week. It tapped a 21-month high as more surge lies ahead. Other Ethereum-based tokens have also joined the rally. After witnessing a small recovery in late 2023, ENS took a short break and slipped […]
Ethereum Classic (ETC) Rockets To Yearly Highs Surpassing $31 Amidst Bitcoin ETF Excitement
In a notable upswing, Ethereum Classic (ETC), positioned as the 21st largest cryptocurrency by market capitalization, has experienced a substantial surge following the announcement of the Bitcoin ETF. Soaring above $31, ETC achieved a yearly high at $31.99, reflecting an impressive gain of over 40%. The surge in trading volume, […]
ETHEREUM PRICE ANALYSIS & PREDICTION (January 11) – ETH Looks Bullish But Trapped In A Tight Range, Incoming Break?
Ethereum rejected a key resistance earlier today but the price is still up 3% following a steady increase since the start of this week. However, it looks bullish but the price remained trapped in a tight range. This month started a bit rough for Ethereum following a sudden collapse that hit […]
Whales Boost Ethereum Holdings With $1 Billion Accumulation Amid ETF Anticipation
During a recent market downturn, Ethereum whales capitalized on the opportunity, amassing an impressive $1 billion in holdings. Cryptocurrency analyst Ali’s data for December revealed a consistent upward trend, showcasing an increase of over 410,000 ETH in holdings by Ethereum whales. In the past month, #Ethereum whales bought over 410,000 […]
Ethereum Market Dynamics: Bulls Vs. Bears Unveiled
Ethereum, the second-largest cryptocurrency by market capitalization, exhibited a brief upswing today, instilling confidence among investors. However, a notable transaction occurred amid a marginal dip in the token’s value, shedding light on the ongoing battle between bullish and bearish sentiments. Paradigm, an institutional liquidity network, executed a deposit of 6,500 […]
Ethereum’s Bullish Momentum Persists With Noteworthy Milestones, Top 150 Wallets Now Hold 56.25 Million ETH
As cryptocurrency prices experience an upward trend, Ethereum is making significant strides towards its local peak resistance level of $2,444. An intriguing aspect of this ascent is the notable absence of exchange whales, while substantial accumulation is observed among the largest non-exchange Ethereum whales. 🐳 #Ethereum has continued working its […]
ETHEREUM PRICE ANALYSIS & PREDICTION (January 1) – ETH Continues to Lose Momentum After Facing Rejection, Big Drop Around The Corner?
Ethereum advanced bullish this week and broke out to a new yearly high. But it saw a rejection and failed to sustain bullish momentum. The price slipped and now looks weak on the daily timeframe. Following a quick recovery above the $2100 level in the mid-month, Ethereum’s price increased and […]
Ethereum Gains Momentum Surpassing Bitcoin In Holder Numbers Amid Buterin’s Roadmap Update
Ethereum, the second-largest cryptocurrency globally, is gearing up for a potential surge, capturing the attention and anticipation of the crypto community. As of now, Ethereum is valued at $2,330, showcasing a daily increase of 1.64% and a monthly growth of 8.16%. This consistent uptrend fuels speculations that Ethereum might soon […]
Blast L2 Achieves Significant Milestone With $1.1 Billion TVL
Blast, an upcoming Ethereum layer 2 platform, is generating buzz following its exclusive early access event, anticipating a public launch of the completed platform in February 2024. Recent data from Spotonchain indicates a major milestone for Blast_L2, reaching a total value locked (TVL) of $1.1 billion. A substantial amount, equivalent […]
Ethereum’s Exchange Holdings Decline, Anticipation Grows For $5,000 Price Surge
Currently, Ethereum’s value exhibits moderate growth, marking a 4.57% uptick to reach $2,316, coupled with a noteworthy increase in its 24-hour trading volume. In recent developments, Arthur Hayes, the founder of BitMEX, has chosen to divest from Solana, despite its recent accomplishments and nearly reaching the $100 mark. Instead, Hayes […]
Ethereum Shows Resilience As Market Value Holds Strong Amid Exchange Supply Decline
Ethereum (ETH), the world’s second-largest cryptocurrency, is poised for an upward trajectory after successfully retesting at $2,100. As of the latest update, the price of Ethereum is comfortably trading at $2,220. Insights from the market intelligence platform Santiment, shared on X, indicate a noteworthy trend in Ethereum’s market dynamics. The […]
Ethereum Whales Show Strong Accumulation With Over 100,000 $ETH Bought Amid The Recent Minor Price Dip
Over the recent months, Ethereum has demonstrated a consistent upward trajectory, surpassing the $2,000 mark after starting below $1,000. However, for investors seeking nuanced insights, delving into sentiment analysis of futures markets unveils noteworthy trends. While the price of Ethereum has experienced a positive trend, the simultaneous rise in open […]
ETHEREUM PRICE ANALYSIS & PREDICTION (December 15) – ETH Dips Below $2,300 In The Ongoing Meltdown, Incoming Correction?
Ethereum lost 3% of its value today following the current drawdown across the crypto market. It has formed a bearish pattern and now looks set for a big drop in the lower timeframe. During the last leg up, ETH touched $2,403 last week and saw a quick rejection there. This […]
Ethereum ($ETH) Witnesses 5% Dip Just Like Every Other Crypto Assets, Yet Whales Seize Opportunity For Fresh Accumulation
In the wake of a more than 5% decline in the past 24 hours on Monday, Ethereum ($ETH), the second-largest cryptocurrency, underwent a noticeable correction. Despite this dip, the resilience of investors to capitalize on the lower prices suggests that the market’s bullish momentum may not be dissipating. According to […]