In recent years, Ethereum has been making waves in the world of cryptocurrency as the vanguard for a revolutionary financial system. Advocates of this blockchain extol the virtues of smart contracts, envisioning a future marked by market transparency, tokenized funds, and expeditious settlement times. At the time of writing, Ether was trading at $3,780, showing
Ethereum
After reaching an all-time high above $3,800, Ethereum experienced a significant price drop of over 10%. This price fluctuation came on the heels of a similar surge in Bitcoin, which also hit a new ATH before undergoing a correction. Both cryptocurrencies have since recovered from their respective dips, with Ethereum briefly touching $3,900 for the
The Ethereum Foundation, a renowned non-profit organization within the blockchain space, recently made headlines with its unexpected ETH sell-off to a single address. On March 4th, LookOnChain, a prominent blockchain analytics platform, disclosed a series of transactions originating from a wallet address associated with the Ethereum Foundation. The transactions showcased a pattern of transferring ETH
Recent data from exchange platforms has shown a significant uptick in bullish sentiment among Ethereum traders. According to IntoTheBlock, a staggering $906 million worth of Ethereum was withdrawn from crypto exchanges in the past week. This massive exodus of ETH from exchanges hints at a shift towards a holding mentality among investors, as they anticipate
Justin Sun, the co-founder of Tron, a popular smart contracting platform for deploying decentralized applications (dapps), has once again caught the attention of the crypto community by making significant moves in the market. According to Lookonchain data, Sun recently transferred a whopping 100 million USDT to Binance, following other large transactions earlier in the week.
One of the hottest topics in the world of cryptocurrency investing is when to best time to go all in on assets like Bitcoin and Ethereum. Crypto analyst Rager recently shared some valuable insights for investors looking to take advantage of the upcoming bull run. According to him, the “last great opportunity for this cycle”
Recent large Ethereum purchases attributed to a wallet potentially linked to Justin Sun, founder of the TRON blockchain and CEO of BitTorrent, have sparked speculation within the cryptocurrency community. According to blockchain analytics firm Lookonchain, the suspected wallet acquired an additional 13,780 ETH, valued at approximately $41.24 million. This purchase adds to a total of
The price of Ethereum has experienced a significant uptrend in 2024, with a growth of over 30% in just under two months. One compelling factor contributing to this surge is the recent on-chain data revealing a decrease in Ethereum’s exchange reserve balance. This decline indicates that more ETH tokens are being withdrawn from centralized exchanges
The recent on-chain data from Spot On Chain has revealed that an Ethereum whale has been actively accumulating ETH. The whale address in question has purchased a total of 64,501 ETH in the past three days, which amounts to approximately $187 million at current market prices. This significant accumulation activity has sparked interest and speculation
The current market perception of Ethereum seems to be a topic of controversy, with Fred Krueger, a crypto investor, stating that Ethereum is overvalued at its current spot rates. This sentiment from Krueger points towards a disconnect between Ethereum supporters and the reality of the market. The recent surge in Ethereum’s native currency breaking above
In the fast-paced world of cryptocurrencies, Ethereum has been generating a significant amount of buzz recently. This buzz has only been amplified by Michaël van de Poppe, CEO of MN Trading, who has made a bold prediction about the future of Ethereum. Van de Poppe’s forecast suggests that Ethereum could see a substantial increase in
The recent surge in the Ethereum (ETH) price has sparked celebrations within the crypto community. However, amidst the excitement, renowned Bitcoin ETF expert Fred Krueger has expressed a starkly contrasting opinion. Krueger, a Wall Street veteran and prop trader, took to social media platform X (formerly Twitter) to voice his skepticism about the current valuation
Recently, global asset management firm Bernstein has expressed strong confidence in the possibility of the United States Securities and Exchange Commission (SEC) approving an Ethereum Spot ETF. Analysts Gautam Chhugani and Mahika Sapra from Bernstein believe that Ethereum, the second-largest cryptocurrency in the world, may be the next digital asset to receive an ETF approval
Ethereum has recently broken through the $2,900 level, signaling a significant uptrend in its price. While Bitcoin has been moving sideways, Ethereum has shown a strong surge of almost 4% in the last 24 hours. This price movement has brought Ethereum to the $2,900 mark for the first time since May 2022. Investors in Ethereum