Fri, May 23

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

Ethereum Whale Scoops Up $11 Million ETH As Price Surge Past $2,400

A mysterious crypto whale has recently executed a hefty transaction, acquiring 4,677 Ethereum valued at approximately $11 million, as reported by Lookonchain. The intriguing aspect of this purchase lies in the bold bullish stance the whale seems to be taking on Ethereum’s future while expressing a bearish sentiment towards Bitcoin,

January 10, 2024 2 mins read

Ethereum (ETH) Resumes Bullish Momentum, Surges Past $2300

The price of Ethereum (ETH) has turned green, despite failing to maintain the momentum during the New Year. Bulls are extending the range formation and building up more trend impetus thanks to the robust purchasing action near the $2200 support zone. Breakout opportunities are enhanced by the surge in purchasing

January 9, 2024 2 mins read

Ethereum Faces Brief Correction After Climbing Above $2400 Level

A strategic purchase of Solscan, the renowned block explorer of Solana, has been announced by Etherscan, a major Ethereum network block explorer, API, and analytics platform. As stated in the release, the Solscan ecosystem is now officially a part of the Etherscan portfolio, including Bscscan, an explorer for the BNB

January 3, 2024 2 mins read

Ethereum Faces Brief Correction After Recent Rally Above $2400

Vitalik Buterin, co-founder of Ethereum, has shared his year-end reflections on the network and returning it to its cypherpunk origins. Reminiscent of Ethereum’s “cypherpunk” roots, the December 28 blog post restated the cryptocurrency’s fundamental principles. Bitcoin and Ethereum had lofty aspirations in their infancy, with the goal of creating a

December 29, 2023 2 mins read

Ethereum (ETH) Eyes $2400 Level as Bulls Drive Momentum

The widespread speculation that a Bitcoin Spot ETF is soon to be approved seems to be pumping investors’ optimism. Industry sentiment is becoming stronger as several industry professionals and organizations have said that the SEC might approve a Bitcoin Spot exchange-traded fund (ETF) as early as January 2024. The widely

December 22, 2023 2 mins read

Ethereum Struggles at $2300 While Bitcoin and Solana Gain Momentum

In Wednesday’s trading session, Ethereum experienced a modest rally, displaying sustained upward momentum from the lower boundary of a significant consolidation range. However, the cryptocurrency faced hurdles around the $2,250 and $2,300 resistance levels, struggling to find a foothold above $2,250. Also, Ethereum encountered multiple rejections in the $2,200 to

December 21, 2023 2 mins read

Ethereum Eyes Rebound After Severe Selling Pressure from Bears

The continuing upswing that started in the middle of October may be the beginning of a protracted bull market, according to crypto industry experts. During this time, stablecoins tend to flood the market. The majority of investors use stablecoins to buy and sell cryptocurrencies on exchanges. An examination of DeFiLlama

December 20, 2023 2 mins read