Find all pieces of information that are trending regarding the largest altcoin- Ethereum, from across the globe with the Ethereum News category.
As Ethereum reclaims the $4,000 threshold, historical data patterns reveal fascinating insights into the current market cycle. To understand where we are in this cycle, we need to examine how long-term holder behavior typically evolves through different market phases and what that means for price action. The Psychology of Long-Term
The Ethereum Foundation sold another 100 ETH for 402,473 DAI on December 17, 2024. This transaction is part of their ongoing sell strategy for the year. Notably, in the last seven days, the foundation has sold a total of 200 ETH for around 776,800 DAI. This infers a diplomatic sell
Ethereum’s price has surged 1.44% over the past 24 hours, trading at $4,018, with trading volume spiking by 40% during the same period. The altcoin has gained 29% over the past month and 67.30% year-to-date in 2024. However, recent developments suggest Ethereum’s bullish momentum could face challenges. One critical metric
Liquid restaking on Ethereum has witnessed explosive growth in 2024. The Total Value Locked (TVL) has surged from $284 million at the start of the year to $17.26 billion by mid-December. This remarkable 6,000% increase underscores the growing demand for staked asset utility and capital efficiency in decentralized finance (DeFi).
According to market analysts, Ether (ETH) is gearing up for a potential rally that could surpass its all-time high of $4,865 by the first quarter of 2025. While Bitcoin (BTC) recently surged past the $100,000 mark, Ether has struggled to stay above the $4,000 psychological threshold. Market Recovery and Reduced
The global crypto market has decided to stay bullish this weekend as depicted by the 1.38% increase. Leading cryptocurrency, Bitcoin has surpassed its past few days’ resistance at the $100K level and is holding ground as of writing. Meanwhile, the altcoin sector has shown different signals. Some tokens such as
Ethereum has demonstrated remarkable ecosystem growth, adding $7.79 billion to its Total Value Locked (TVL) in just one week. This surge, pushing the total TVL to $77.15 billion, represents the highest growth among all blockchain platforms and coincides with ETH’s brief touch of the $4,000 level. Understanding Ethereum TVL’s Significance
Ethereum is currently testing strong resistance near $4,000 and is trading at $3,890. If it breaks above this level, the price could target $4,200. Conversely, a breakdown below $3,800 may see prices retreat to $3,600. The RSI, currently at 67.23, reflects strong bullish momentum without signaling overbought conditions. Its 14-day
After an 8-month consolidation phase, Ethereum (ETH), the second largest cryptocurrency, climbed back to the $4K zone and recorded an intraday high of $4,093. The cryptocurrency’s rally was propelled by Bitcoin’s impressive rise above $103K, which has driven positive momentum for Ethereum and other leading altcoins in the crypto market.
Following a period of consolidation within $99K–$95K, Bitcoin touched the $100K mark on December 5, propelling the second largest cryptocurrency, Ethereum, and other leading altcoins to new highs. ETH has been marking its upward trajectory for the past few days. Analysts believe that if Ethereum could stage strong bullish signals,
