Wed, January 8

Ethereum (ETH) Testing $1,500 Support: More Dump Expected?

Ethereum (ETH) faced a lackluster response to the launch of its futures Exchange-Traded Funds (ETFs), in stark contrast to the initial enthusiasm seen with Bitcoin (BTC) futures ETFs. Over recent weeks, trader activity has dwindled, resulting in remarkably low transaction fees on the Ethereum network, the lowest since late 2022.

October 19, 2023 2 mins read

ETH Rebounds But Can it Cross Resistance to Be Bullish?

The second largest cryptocurrency, Ethereum (ETH), has recently experienced a resurgence in the crypto market, showcasing significant price movements. On October 13th, Ethereum’s price rebounded from a key support level at $1,521, initiating a five-day winning streak and yielding a substantial 6% gain. As of the latest data, ETH is

October 17, 2023 2 mins read

Ethereum Price Shows Signs of Recovery; Can Bulls Dominate?

For the first time since May, the validator queue on the Ethereum blockchain has emptied, suggesting that investor appetite for ether staking has plateaued, as reported by Coinbase. To validate blockchain transactions and get rewards, validators lock up ether. After reaching its maximum capacity, validator entry dwindled staking returns to

October 16, 2023 2 mins read

Ethereum Price Fails to Overturn Bearish Dominance; What’s Next?

Investors have suffered heavy losses as a result of recent crypto market movements. The price of Bitcoin and several other cryptocurrencies has fallen recently due to concerns about geopolitical unpredictability and lackluster US macroeconomic statistics. IntoTheBlock, a blockchain data research company, says that the Ethereum network has entered a new

October 14, 2023 2 mins read

Ethereum Dips Below $1530. What’s Next For ETH Investors?

Ethereum, the second-largest cryptocurrency by market capitalization, recently reached a seven-month low at $1,528. In the past three months, ETH has been under intense bearish pressure, leading to a sustained downward trend. Despite a brief attempt by bulls to push the price above the $1,750 resistance level in early October,

October 13, 2023 2 mins read

Ethereum Price Breaks Key Support Level; More Trouble Ahead?

According to statistics from DefiLlama, the TVL on decentralized finance (DeFi) projects fell by 30% year over year, reaching a low of $36.95 billion. The crypto sector as a whole is facing severe bearish sentiment. While the year began off well for DeFi projects with a high point of over

October 12, 2023 2 mins read

Ethereum Price Continues Downfall; Worst Yet to Come?

On-chain data suggests that Ethereum whales are showing resilience in the face of heavy selling pressure. According to the available data, the top 10 Ethereum whales have amassed an incredible 40 million ETH in the last few days. Santiment, an on-chain data source, noted that the wealthiest Ethereum wallet addresses

October 11, 2023 2 mins read

ETH Drops To One-Month Low: What’s Ahead For Ethereum?

Ethereum, the second-largest cryptocurrency by market capitalization experienced a significant downturn by hitting $1,551, nearing a seven-month low. This drop comes after a challenging week in which it declined by over 8%. The Ethereum community is reeling from this shock, especially considering that ETH began October by breaking the resistance

October 10, 2023 2 mins read

Ethereum Price Struggles as Bears Continue Domination

The crypto market today continued its bearish phase. In recent days, the value of Bitcoin (BTC) has struggled to rise beyond the $28,000 mark, and on Monday morning, it was trading at about $27,769, down 0.69% in the last 24 hours. The selling pressure has resulted in significant losses for

October 9, 2023 2 mins read

Ethereum Price Consolidates Amid Looming Bearish Sentiment

Vitalik Buterin, co-founder of Ethereum, recently put forth ways to address issues of decentralization. He proposes a two-tiered staking mechanism with node operators and delegators as separate participant types. Buterin argued that the network and its users would benefit greatly from this approach and listed many potential advantages. From the

October 7, 2023 2 mins read
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