Thu, January 9

Ethereum Consolidates as Price Fails to Overcome Bearish Pressure

The U.S. Securities and Exchange Commission has delayed Grayscale Investments’ application to convert its Ethereum trust product (ETHE) into an ETF. Similar action had been taken the day before by the regulatory authority in response to BlackRock’s application for a spot ETH ETF. On January 25, the SEC delayed a

January 26, 2024 2 mins read

Ethereum Down 7%. Will ETH Fall Below $2000?

Ethereum, the second largest cryptocurrency by market capitalization is now trapped under the bearish pressure. It had a 3% dip in the past 24 hours and 7.28% in the past seven days, currently trading at $2344. Despite this downfall in price, Ethereum’s long-term holders have now surpassed those of Bitcoin,

January 23, 2024 2 mins read

Ethereum Foundation Offloads Millions in ETH Amid Market Volatility

The nonprofit Ethereum Foundation sold off approximately $1.94 million worth of its native ETH tokens this past week, adding pressure amid an already fluctuating cryptocurrency market. According to blockchain analytics provider Spotonchain, the foundation liquidated over 800 ETH across two wallet addresses in under an hour on Wednesday. The sales

January 22, 2024 2 mins read

Ethereum Dips Below $2500. Will ETH Fall More?

Ethereum, the second-largest cryptocurrency, is at a crucial crossroads as it grapples with resistance levels and shifting market dynamics. Over the past week, ETH has experienced a 5% decline, currently trading at $2,462, with a 2.38% dip in the last 24 hours. Ethereum’s recent struggles to surpass $2,550 and $2,580

January 19, 2024 2 mins read

Ethereum Faces Bearish Pressure as Brief Correction Underway

A significant amount of the Bitcoin (83%), Ethereum (84%), and XRP (81%) supply is profitable, according to a recent publication by Santiment. Movements outside of the 55–75% range have traditionally been seen as low risk, while those within the range have been seen as average. The PSP indicator tracks the

January 18, 2024 2 mins read

Crypto Trader Turns 4.3 Ethereum (ETH) into $1.14M with This Meme Coin

A crypto trader capitalized on Elon Musk’s social media antics, raking in astonishing profits by investing in a meme coin that sprung to life following a whimsical tweet by the Tesla CEO. It all began when Elon Musk, known for his influential presence in the crypto space, decided to have

January 17, 2024 2 mins read

ETH Stays Above $2500 Amidst Weak Market. Signal for Bullish Trend?

In the wake of Bitcoin’s consolidation following the approval of ETFs, Ethereum (ETH) has emerged as a frontrunner in the crypto market, making notable strides with a 1.65% surge, currently trading at $2,567 with a market cap of $308 billion. The second largest cryptocurrency, ETH, is currently undergoing a corrective

January 17, 2024 1 min read

Ethereum Eyes Rebound Amid Prolonged Consolidation Phase

Glassnode statistics shows that the number of active validators on the Ethereum Proof-of-Stake (PoS) network reached a year-to-date low on January 12th. Decline started on January 4th, coinciding with a record-breaking 17,821 validators willingly leaving the network’s validator pool. This pattern surfaced the day after leading crypto investment services firm

January 16, 2024 2 mins read

Ethereum: Can ETH Hit $3,000 or Face a Downfall?

Ethereum (ETH) has experienced a remarkable 20% surge this week, reaching a staggering 620-day high. As the crypto community watches this upward movement with bated breath, the looming question is whether ETH can maintain this momentum and potentially hit the coveted $3,000 mark or if a market correction is imminent.

January 12, 2024 2 mins read

Target for ETH in 2024 as Investors Eye Ether ETF Approval

In a compelling showcase of strength, Ethereum (ETH) continues to outshine its counterparts in the cryptocurrency market, boosted by recent price movements and the approval of the Bitcoin ETF. The digital asset maintained a positive trajectory, surging above the crucial $2,500 resistance and eclipsing Bitcoin by breaching the $2,680 barrier.

January 12, 2024 2 mins read
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