Tue, March 19

Ethereum (ETH) Supply Plummets Amidst Strong Network Activity

The pace of decrease in the ether supply is also at its quickest since May 2023. According to statistics from ultrasound.money, the supply of ether has been decreasing at a rate of 0.872% per year during the previous 30 days. To put that in perspective, the rate of decrease has

March 18, 2024 2 mins read

Why Ethereum Price Drops Post-Dencun Upgrade?

On Wednesday, the long-awaited Dencun Ethereum upgrade finally went live, promising cost-effectiveness within the network ecosystem. However, the deployment didn’t seem to favor Ether’s (ETH) price, as it dipped by 3.6% from $4,083 to $3,936, according to CoinMarketCap data. Further, Singapore-based digital asset trading firm QCP Capital has warned about

March 14, 2024 1 min read

Ethereum Dencun Upgrade Goes Live, Promising Lower Gas Fees for Layer 2

The Ethereum mainnet has successfully implemented the highly anticipated Dencun upgrade, marking a significant milestone in the blockchain’s quest to enhance scalability and affordability for its users. The upgrade, which reached its scheduled epoch at block height 269568, according to Etherscan data, combines upgrades across the consensus and execution layers

March 13, 2024 2 mins read

Ethereum Put Options Demand Signals Risk for ETH Price

While Ethereum’s highly anticipated Dencun update looms, ETH’s options market is sending mixed signals, raising concerns among traders.  According to market analysts at QCP Capital, ETH’s risk reversals have turned negative for near-term expiries, indicating a surge in demand for put options. This shift suggests a growing grasp of a

March 13, 2024 1 min read

Ethereum Surpasses $4000 as Bitcoin Hits New ATH; What’s Next For ETH?

While Bitcoin takes a breather from its epic run to fresh all-time highs, Ethereum looks ready to grab the baton and charge forward. Powered by unrelenting bullish momentum over the past several weeks, ETH seems poised to continue its assault on key milestones – with trader optimism eyeing a new

March 11, 2024 2 mins read

SEC Chair Gary Gensler Dodges Questions on Spot Ethereum ETF

Based on Gary Gensler’s response to a query on the possibility of spot Ethereum ETF clearance, it seems that applicants for this product could have a lengthier wait than anticipated. Gary Gensler, chairman of the U.S SEC, spoke with Yahoo Finance’s Jennifer Schonberger yesterday. She brought up the topic of

March 9, 2024 1 min read

Ethereum Consolidates Near Pivotal Point: Will ETH Hit $4,000?

Ethereum finds itself at a critical technical juncture this week as its price oscillates within a tight trading range bound by two key levels – $3,800 and $4,000. This period of equilibrium follows Bitcoin’s pullback from nearly hitting its all-time high, creating market uncertainty on whether existing support and overhead

March 7, 2024 2 mins read

Ethereum Lags Behind Bitcoin: When Will ETH Break Out Above $5,000?

While Bitcoin has surged to its all-time high of over $69,000, Ethereum is lagging behind as its price remains anchored 25% below its own peak near $4,000. This divergence has puzzled many investors who expected ETH to capitalize on the same tailwinds lifting BTC. So what’s holding Ethereum back, and

March 5, 2024 2 mins read

Ethereum Foundation Sells ETH Worth $13.3 Million Amidst Price Surge

Investors and market experts are taking notice of the substantial transaction that the Ethereum Foundation has completed, selling off $13.3 million worth of Ethereum (ETH). People are talking about how this action by the foundation, which is highly vital to the cryptocurrency industry, may affect Ethereum’s market position. Ethereum has

March 5, 2024 1 min read

Ethereum Takes the Lead as Institutional Capital Shifts as per Bybit Report

While individual users are much more positive on bitcoin, a recent analysis from Bybit research indicated that institutions are over-allocating their capital to ethereum (ETH). According to Bybit, ether is now the one asset that institutions own the most of, and this might be due to an expected price increase

February 27, 2024 2 mins read