Ethereum

The Ethereum price has been closely following the performance of Bitcoin in recent times. However, it seems that Ethereum is facing more bearish fundamentals compared to Bitcoin. Crypto analysts have observed that the liquidity in Ethereum has been dwindling, with investors showing greater interest in Bitcoin instead of altcoins like ETH. This lack of interest

The crypto market has been experiencing significant turbulence lately, prompting Benjamin Cowen, the founder and CEO of Into The Cryptoverse, to share his insights on the recent downtrend observed in the Ethereum/Bitcoin (ETH/BTC) pair. Cowen’s analysis delves into the intricate relationship between the pricing of Ethereum and Bitcoin, shedding light on the potential for further

Ethereum, like many other cryptocurrencies, has been navigating through a bearish market recently. However, while the price of Ethereum has shown a slight increase, there is an underlying trend that is significantly affecting the altcoin’s economic model. The burn rate of Ethereum’s ETH has hit an annual low in April, primarily due to a decrease

A crypto analyst has made some interesting predictions regarding the future trajectory of Ethereum in comparison to Bitcoin. Benjamin Cowen, the founder of ITC Crypto, has shared his insights on the Ethereum to Bitcoin price ratio, specifically focusing on when ETH/BTC is expected to hit its lowest value in the current market cycle. Cowen has

Ethereum (ETH), the second-largest crypto token by market cap, experienced a significant rise to $3,300 over the weekend, signaling a potential trend reversal. Analysts pointed out several bullish signals on Ethereum’s charts, indicating a positive shift in its trajectory. Derek, a crypto analyst, highlighted the Moving Average Convergence/Divergence (MACD) indicator, suggesting that the decline has

The recent analysis by Santiment has shed light on the significant drop in transaction fees for Ethereum, the world’s second-largest cryptocurrency. This drop, with an average transaction fee as low as $1.12, has sparked discussions within the crypto community. Transaction fees serve as a fascinating window into the collective mood of the crypto market, providing

Ethereum withdrawals from centralized exchanges have been on the rise over the past week, indicating a shift in investor sentiment. The significant amount of ETH being withdrawn suggests that investors are taking steps to secure their positions in anticipation of better price prospects. This trend has been highlighted by the actions of Ethereum investors as

The recent news of Ethereum experiencing a 5% price drop within 24 hours has sent ripples across the cryptocurrency market. This drop is attributed to the growing speculation that the highly anticipated Ethereum Exchange-Traded Funds (ETFs) may face rejection by the US Securities and Exchange Commission (SEC). According to a recent report by Reuters, various

The recent surge in Ethereum’s market recovery has been attributed to significant buys suspected to have been made by Tron’s founder, Justin Sun. Sun’s accumulation spree has once again brought attention to the bullishness of crypto whales towards Ethereum despite its fluctuating prices. According to on-chain analytics platform Lookonchain, a mysterious wallet suspected to belong

Recent data indicates that Ethereum Open Interest has been lingering at lower levels, raising concerns about the potential impact on the cryptocurrency’s price movements. When looking at the total number of derivative contracts open for Ethereum across all exchanges, the Open Interest serves as a key indicator of investor sentiment in the market. An increase

Recent reports have shed light on a new Ethereum whale that has been actively purchasing ETH over the past few weeks. This mysterious wallet, suspected to be owned by Tron founder Justin Sun, has made significant moves in the market. According to blockchain research platform Lookonchain, the whale began its buying spree on March 31,

Recent volatility in the crypto market has not spared Ethereum, the second largest crypto token by market cap. Despite this, data from Coinglass indicates that a majority of Ethereum investors and traders are bullish on the future price of the crypto token. Many have opened long positions on Ethereum, signaling their belief in significant upward

The cryptocurrency market has been experiencing a surge in interest towards Ethereum, with investors accumulating significant amounts of ETH in recent times. Despite the price volatility that Ethereum has undergone in the past week, on-chain data has revealed a clear accumulation trend among Ether investors. The past seven days have seen over $500 million worth

The rise of Ethereum (ETH) in the first quarter of 2024 has been nothing short of impressive, with a nearly 100% increase in price action. Not only that, but the Ethereum blockchain has also managed to generate substantial profits of up to $369 million during this period. This unforeseen profitability has sparked inquiries into how

The cryptocurrency market has been experiencing significant volatility in recent days, with Ethereum, the second-largest cryptocurrency by market capitalization, facing a drastic price drop to lows of $2,800 on April 12. However, amidst the chaos, Ethereum whales, the prominent players in the crypto world, have been making strategic moves that have caught the attention of

The recent price decline in Ethereum, along with other cryptocurrencies, has been a cause for concern in the market. However, while many retail investors are panic-selling their assets, on-chain data reveals a different story. Big player whales seem to be taking advantage of the situation to accumulate more assets, displaying a bullish sentiment amidst the

The excitement surrounding the potential launch of spot Ethereum exchange-traded funds (ETFs) in the United States is being overshadowed by concerns over regulatory approval from the Securities and Exchange Commission (SEC). With Jan van Eck, CEO of VanEck, expressing doubts about the likelihood of approval and industry experts like Eric Balchunas downgrading their odds to

Trading expert Peter Brandt has recently shifted his perspective on the Ethereum vs. Bitcoin chart, offering new insights into market developments. Brandt, who previously criticized Ethereum as a “junk coin” and its supporters as “Etheridiots,” has now suggested a potential bear trap in the Ethereum-to-Bitcoin chart. This change in stance showcases the complexities within the

In a bold and daring prediction, banking giant VanEck has placed an astonishing $1 trillion valuation on Ethereum Layer-2 (L2) solutions, highlighting the critical importance of efficiency gains and scalability improvements in the evolution of blockchain technology. According to VanEck researchers, these Layer 2 scaling networks are projected to reach this sky-high market valuation by

The recent surge in open interest for Ethereum futures has been a topic of interest among investors and analysts alike. This surge, although seen as a bullish indicator by many, can also potentially signal a shift in market sentiment. It is essential to consider various factors contributing to this surge in open interest. Open interest

As Ethereum (ETH) strives to reach the $4,000 price milestone, it faces a pivotal moment marked by regulatory challenges from the US Securities and Exchange Commission (SEC). Analysts are divided on the impact of potential regulatory intervention on Ethereum’s trajectory. Captain Faibik’s analysis suggests a bullish pattern in ETH’s four-hour candlestick chart, indicating a possible

Ethereum has recently experienced significant growth in daily active users and daily transaction volume. Despite this, the price of ETH, Ethereum’s native cryptocurrency, has seen corrections in the past few days. In particular, Ethereum has dropped by over 10% in the last week, trailing behind Bitcoin and the S&P 500. While this downtrend is prevalent

The price of Ethereum has been on a rollercoaster ride this month, with a promising start followed by bearish pressure. The uncertainty surrounding regulations has added to the negative sentiment surrounding Ethereum, leading investors to question the long-term potential of the coin. One of the key indicators of this lack of confidence is the significant

Ethereum, like the rest of the cryptocurrency market, is experiencing a pullback after reaching a new all-time high. The price of Ethereum has been moving downward after setting a new yearly high of $4,094. Currently trading around $3,360, the price is up by 0.64% in the last 24 hours. Looking at the chart, a support

As Ethereum prepares for the upcoming Dencun upgrade to improve scalability, there is a sense of anticipation in the crypto community. However, recent analysis from QCP Capital has revealed a concerning trend regarding risk reversals for Ethereum. The shift towards negative risk reversals for upcoming expiries hints at growing apprehension among investors about a potential

Ethereum (ETH) recently underwent a significant software upgrade named Dencun, aimed at improving the efficiency and cost-effectiveness of the network ecosystem. This upgrade, particularly focused on Layer 2 (L2) networks like Arbitrum, Polygon, and Coinbase’s Base, has resulted in a substantial reduction in transaction fees, making it more affordable for users to interact with the

The cryptocurrency market is currently buzzing with excitement as Ethereum strives to solidify its position above the $4,000 level. Analysts, such as Ali Martinez, are optimistic about Ethereum’s future, suggesting that the digital asset could potentially surge to $5,000 in the near future. Martinez’s analysis, based on data from IntoTheBlock, indicates that Ethereum still has