Ethereum

In recent days, Ethereum has made significant strides, breaking beyond the $2,900 level, showcasing a 4% surge in just 24 hours. This surge has brought the second-largest asset in the cryptocurrency sector to heights not seen since the beginning of May 2022. While Bitcoin has been on a sideways trajectory, Ethereum seems to have taken

Ethereum (ETH), the second-largest cryptocurrency in the world, is making significant strides towards reaching the coveted $3,000 mark. This recent surge in price has sparked speculation about whether Ethereum could potentially reach $4,000 by the end of the month. Several factors are contributing to this bullish sentiment, with the increasing popularity of ETH staking being

Ethereum has been experiencing a significant increase in its market price in recent weeks, reaching a one-month high. This surge in price indicates a growing demand for the asset, and an unknown whale has made a notable move in response. Using the Spark platform’s revolving loan feature, this investor has been actively increasing their Ethereum

Wall Street titan and asset manager Franklin Templeton has recently applied for an Ethereum Spot Exchange-Traded Fund (ETF), following its struggles to gain approval for a Bitcoin Spot ETF earlier this year. This move comes as a result of other asset managers gravitating towards the Ethereum spot ETF, after the United States Securities and Exchange

In a recent development, Ethereum co-founder Jeffrey Wilcke’s wallet has made a significant deposit of 4,300 ETH to a cryptocurrency exchange. This deposit amounts to 22,000 ETH, valued at approximately $41.1 million at the time. The market has been buzzing with renewed interest and excitement as a result of this deposit. This deposit is particularly

The options market for Ethereum (ETH) is experiencing an interesting trend, according to recent data from Deribit, a leading platform for crypto futures and options trading. The data reveals a significant concentration of call options centered around the $4,000 strike price for both the June and September expiries. This particular accumulation of ETH call options

Prometheum, an alternative trading platform for crypto securities assets, recently made waves with the announcement of its custodial services for Ethereum (ETH). The company’s strategy, according to Fortune Magazine, is to compel regulators, notably the Securities and Exchange Commission (SEC), to recognize Ethereum as a security. By positioning itself as a compliant player in the

Ethereum staking has defied market expectations, experiencing significant growth despite the underwhelming performance of ETH price over the past year. Liquid staking protocols like Lido Finance have witnessed a steady increase in the amount of ETH being staked, resulting in a new all-time high for the total locked supply. An intriguing development reveals that the

As the Ethereum price surpasses the $2,400 barrier, on-chain data reveals a bullish signal for the cryptocurrency. A recent analysis of the Ethereum price and exchange netflow indicator highlights an interesting relationship. The exchange netflow metric calculates the net amount of Ethereum entering or exiting centralized exchange wallets by subtracting outflows from inflows. A positive

Ethereum (ETH) is taking significant steps forward in its 2024 roadmap with the successful launch of the Dencun upgrade on the final Holesky testnet. This upgrade holds great promise for the Ethereum network, as it aims to enhance transaction efficiency, scalability, and reduce transaction fees by up to 90%. With these advancements, Ethereum has experienced

In the dynamic world of cryptocurrency, Ethereum (ETH), the second largest digital asset, has been making waves with its recent bullish momentum. Market analysts at Altcoin Daily have identified three major factors that could potentially drive up the price of Ethereum in the coming months. With their optimistic insights, they anticipate ETH to reach an

The realm of digital currencies has always been characterized by constant change and evolution. Ethereum (ETH), the second-largest cryptocurrency by market cap, is no exception. In recent weeks, a significant exodus of ETH from centralized exchanges has been observed, indicating a growing preference for holding the asset outside of trading platforms. Data from Coingecko reveals

The Securities and Exchange Commission (SEC) is expected to adopt a similar approach to approving spot Ethereum exchange-traded funds (ETFs) as it has with spot Bitcoin ETFs. According to Standard Chartered Bank analysis, May 23 is the anticipated date for receiving approval for these pending applications. This article analyzes the factors supporting this prediction and

In a potential move that could have significant implications for the Ethereum (ETH) market, on-chain analyst Lookonchain reports a massive transfer of 459,561 ETH, estimated to be worth approximately $1.014 billion, by Celsius, a bankrupt crypto lender. The distribution of this substantial amount of ETH includes sending 297,454 ETH ($656.5 million) to Coinbase Prime, 146,507

In the volatile world of cryptocurrencies, Ethereum, the second-largest crypto by market capitalization, is showing signs of a potential bullish phase. Prominent crypto analyst Michael van de Poppe has outlined three key factors that could contribute to this upswing. While Bitcoin’s behavior and the anticipation surrounding spot Ethereum exchange-traded funds (ETFs) play significant roles, Ethereum’s

In a recent prediction, crypto analyst Elja on X suggests that Ethereum (ETH) will surge to a staggering $15,000 by 2025 based on technical analysis. While this may be a bold claim, it is important to critically analyze the argument presented and consider the current market conditions. Elja argues that the current bearish sentiment in

In recent news, a sophisticated phishing attack targeted several web3 companies, resulting in the loss of funds from thousands of crypto wallets. This alarming incident serves as a reminder of the importance of staying vigilant and implementing strong security measures in the cryptocurrency industry. On January 23, users of Wallet Connect and other web3 companies

An Ethereum (ETH) whale has recently executed a series of transactions, carrying out a considerable movement of funds across various platforms. The blockchain analytics platform Spot On Chain initially brought to light this activity, involving roughly $46.02 million in ETH tokens. The whale, operating through a network of eight wallets, initiated the withdrawal of these

The recent approval of Spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC) has generated excitement in the cryptocurrency space, with speculations about the entry of more ETFs into the market, including Spot Ethereum ETFs. However, JP Morgan analysts have issued a cautious outlook on the potential approval of Ethereum Spot ETFs.

Péter Szilágyi, an Ethereum (ETH) developer, has recently expressed his admiration for EIP-1559 and its innovative ETH burning mechanism. He referred to it as “the great equalizer” and highlighted the significant role it plays in leveling the playing field between validators and regular users. EIP-1559 has transformed the way users bid gas fees on the

In the midst of a lull in the Bitcoin realm, Ethereum has emerged as a trailblazer, confidently charting its own course. While the crypto king takes a breather following its ETF approval, Ethereum is experiencing a surge in both price and dominance. Recent data from Santiment vividly illustrates Ethereum’s ascendancy, with a remarkable surge of

In a crypto market marked by volatility, Ethereum (ETH) has been gaining momentum and outperforming its long-time rival Bitcoin (BTC). The ETH/BTC ratio, which measures market sentiment between the two cryptocurrencies, has been steadily rising and bouncing back from multi-year lows. This upward trajectory suggests that investors are increasingly bullish on Ethereum’s potential relative to

The Ethereum Name Service (ENS) has experienced a dramatic turnaround over the past year, defying the odds and emerging as a major player in the crypto space. Just months ago, ENS was grappling with fear, uncertainty, and doubt, languishing at a five-year low. However, fueled by a surge in market confidence and recent regulatory approvals,

The United States Securities and Exchange Commission (SEC) recently granted approval for Spot Bitcoin ETFs, but TD Cowen, a prominent American investment bank and financial service firm, anticipates potential delays in the approval process of Ethereum Spot ETFs. This article explores TD Cowen’s forecast and provides insight into the factors contributing to the possible postponement.

Cryptocurrency expert Anthony Sassano recently shared an optimistic outlook for the Ethereum ecosystem, suggesting that Ethereum (ETH) could reach a new all-time high (ATH) this year. Sassano even went so far as to predict a potential price level of $10,000 for ETH if the Ethereum Spot ETF hype were to gain significant momentum. This speculation

As the cryptocurrency industry continues to evolve, it is becoming increasingly important to address the scalability issues that have plagued major blockchain networks. One such project that aims to tackle these challenges is Polygon, a leading Ethereum layer-2 scaling solution. Co-founder Jordi Baylina believes that 2024 will be a pivotal year for Polygon, as it

Bitcoin (BTC) exchange-traded funds (ETFs) have garnered significant attention in the financial market, and the race for their approval in the United States is well underway. Hashdex, one of the 13 asset managers vying for the spot, is optimistic about the future. According to Hashdex’s U.S. and Europe head of product, Dramane Meite, a spot