Wed, April 24

Ethereum (ETH) Eyes $4,000 As Bulls Target Fresh Highs

The Ethereum price has powered above $2,800 as the wider crypto market uptrend gains momentum. With Bitcoin also attempting a fresh breakout, market participants seem highly bullish on Ether’s outlook – anticipating a move towards $4,000. Anticipation hovers over ETH amid reports of a potential spot Ethereum ETF mirroring Bitcoin’s

February 15, 2024 2 mins read

Ethereum Staking Value Reaches $110B as Price Hits Multi-year High

Ethereum staking value has hit a new record of $110 billion as the number of ETH locked in the Beacon Chain has reached an all-time high. The network has also grown after the Shapella Upgrade that enabled access to staked ETH. The price of Ethereum has hit $2,848.93, a multi-year

February 15, 2024 2 mins read

EigenLayer Seen 307% Surge, Ranks 4th in Restaking Protocols

EigenLayer, a protocol that allows validators and stakers to restake liquid staking derivative tokens on Ethereum, has witnessed a massive growth in its total value locked (TVL), reaching $6.99 billion on Feb. 15. EigenLayer has overtaken JustLend, a cryptocurrency lending protocol, and become the fourth-largest restaking protocol by TVL. EigenLayer’s

February 15, 2024 2 mins read

Ethereum Poised to Surge Towards $3,000 as Bitcoin Holds Above $51k

Ethereum has shown a strong historical price correlation with Bitcoin. As BTC recently cleared the pivotal $51,000 level, hopes have emerged around Ethereum progressing towards the $3,000 milestone. Multiple on-chain metrics and derivatives market activity point to a potential ETH breakout rally. Investor Confidence and Ethereum Accumulation Grows After slipping

February 14, 2024 2 mins read

Ethereum Breaks Above $2,700 as Bullish Sentiment Prevails

With a price increase that has surpassed $51,000, Bitcoin has reached its highest level since November 2021. Moreover, for the first time in more than two years, the market capitalization of Bitcoin has surpassed the sought-after $1 trillion barrier. At the same time, Ethereum has shown remarkable resilience by breaking

February 14, 2024 2 mins read

Ethereum (ETH) Faces Volatility as Selling Pressure Intensifies Above $2,600

Ethereum has witnessed heightened volatility the past day, facing intensified selling momentum above $2,600 after Bitcoin peaked around $50,000 resistance. The pause in ETH’s climb follows data pointing to a nascent downtrend as gas fees and exchange whale inflows spike, reversing positive traction. Per Coinglass, roughly $15.5 million worth of

February 12, 2024 2 mins read

ERC-404 Tokens Hit by 26% Market Downturn Amid Gas Fee Surge

In the fast-paced world of cryptocurrency, the Ethereum network has witnessed a tumultuous 24 hours marked by soaring gas fees and a sharp decline in the ERC-404 sector. According to data from Coingecko, the overall market capitalization of ERC-404 tokens has plummeted by a staggering 26%, leaving investors reeling from

February 12, 2024 2 mins read

Ethereum Price Turns Green Ahead of Significant Dencun Upgrade

Even if the crypto market as a whole is consolidating, Ethereum’s price has been rising over the last day. Though Invesco and Galaxy Digital’s spot Ethereum ETF approval was delayed by the U.S SEC recently, the price of Ethereum soared to $2,400 lately. There is a lot of hope among

February 7, 2024 2 mins read

Ethereum Bulls And Bears At a Crossroads: What Lies Ahead?

Ethereum, the second-largest digital asset by market capitalization, finds itself at a crossroads with recent developments sparking both excitement and apprehension among investors. The cryptocurrency, after a four-day struggle, saw a notable uptick, reaching $2312, a move closely monitored by the crypto community. However, this momentum is now overshadowed by

February 6, 2024 2 mins read

Ethereum Consolidates Around $2300 as Bulls Eye Strong Comeback

The price of Bitcoin (BTC) dropped below $43,000 again, and several altcoins also seemed sluggish. Ethereum (ETH) has been consolidating around the $2,300 mark for some time now. Nonetheless, on-chain evidence points to a possible substantial upswing in the near future. Forecasts for future rises are being made by experts

February 5, 2024 2 mins read