Tue, July 8

Can Ethereum (ETH) Recover After the Recent Market Slump?

Ethereum (ETH) is currently trading at $2,285, marking a 5.53% decrease in the last 24 hours. Its market cap has dropped to $275 billion, while trading volume has surged by 80.74%, reaching $13.63 billion. The decline in Ethereum’s price reflects broader market uncertainty, contributing to a sharp downturn in investor

September 16, 2024 2 mins read

Will Ethereum Bounce Back from Its September Slump?

Ethereum, the leading altcoin, has experienced a sustained bearish trend, with a 14% decline in the past month. Currently trading at $2,353, the cryptocurrency saw a modest dip of 0.31% over the past 24 hours, while its trading volume plummeted by 30%. This comes with the overall market volume dropping

September 13, 2024 2 mins read

Amaranth Founder James Fickel Swaps $11M in ETH for WBTC

James Fickel, founder of Amaranth and known for his bullish stance on the ETH/BTC trading pair, has swapped another 5,000 ETH, valued at $11.3 million, for 204.8 WBTC at a 0.041 ETH/BTC rate over the past six days. This move follows his earlier actions on August 11, when he swapped

September 13, 2024 2 mins read

Vitalik Buterin Wallet Offloads Another 190 ETH for USDC

Ethereum co-founder Vitalik Buterin has recently been at the center of speculation regarding his cryptocurrency holdings and transactions, particularly amidst concerns over large-scale ETH sell-offs by major holders, or “whales.” Buterin addressed these concerns in a recent tweet, clarifying that he has not sold and retained the proceeds since 2018.

September 11, 2024 2 mins read

Metalpha Deposits Ethereum To Binance Amid ETH Price Recovery Signals

The crypto sector during pivotal market situations sees increased whale activity. Whale movements when significant often influence cryptocurrency prices. Relatedly, in the last few hours, Hong Kong Asset management firm, Metalpha garnered market attention with significant Ethereum movements. Notably, LookOnchain reported that Metalpha moved 10,000 Ethereum tokens worth $23.45 million

September 10, 2024 2 mins read

Ethereum Dips to $2.2K Zone for the First Time Since January

Ethereum (ETH) has slipped into a challenging phase, with its price falling to the $2.2K zone for the first time since late January. This decline comes amid several key developments and market shifts that are adding pressure to cryptocurrency. In recent weeks, Ethereum has struggled to maintain its upward momentum.

September 9, 2024 2 mins read

Why Did a MultiSig Wallet Liquidate 3.8K ETH  From Vitalik?

Ethereum co-founder Vitalik Buterin has found himself at the centre of speculation after significant Ethereum (ETH) wallet transfers linked to him. Last week, a multi-signature wallet that received 3,800 ETH from Buterin between August 9 and August 30 initiated a selling spree, as reported by SpotOnChain. The wallet sold 760

September 9, 2024 2 mins read

Ethereum Foundation Wallet Shrinks to $650M as Market Shifts

The non-profit organization of the Ethereum blockchain, Ethereum Foundation, will release an updated financial report, as per the official statement. The organization’s treasury has witnessed a significant reduction, with its main wallet holding approximately $650 million. This represents a steady decline in the foundation’s holdings since March 2022. At that

September 7, 2024 2 mins read

VanEck to Liquidate and Close Ethereum Futures ETF Amid Low Interest

Ethereum ETF Futures (EFUT) will be discontinued and liquidated by the prominent investment management company VanEck. The price of ETH, which was already experiencing a period of erratic trading due to a general market decline, has taken a huge hit. Among the many factors given by the ETF provider for

September 6, 2024 2 mins read

Ethereum Faces Increased Selling Pressure Amid Market Uncertainty

In the past week, Ethereum holders have experienced significant selling pressure. A total of 312,183 ETH, valued at approximately $751 million, has been deposited into exchanges. This surge in exchange deposits reflects growing uncertainty among investors. Market watchers are closely monitoring these developments as they signal a potential shift in

September 6, 2024 2 mins read
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