Mon, May 18

Ethereum Price Witnesses Brief Uptick as Crypto Market Recovers

The cryptocurrency market have experienced a widespread rebound lately with major cryptocurrencies trading in green. Ethereum’s recent fees stabilization has made the network even more appealing, and if the cryptocurrency can push through its present resistance levels, it has the potential to reach $2000 again. Moreover, a crypto whale has

September 19, 2023 2 mins read

Ethereum Price Striving Hard To Overturn Bearish Momentum

The recent attempt to establish the Ethereum Holesky test network was unsuccessful because of a parameter mismatch. The network is still scheduled for a formal debut soon and will become Ethereum’s biggest test network, with 1.46M validator nodes, twice as large as the primary network. The release of Holesky marks

September 16, 2023 2 mins read

Ethereum (ETH) Price Recovery Hints at Bearish Exhaustion

Ethereum bears appear to be showing exhaustion following an extended period of dominance. Over the past three days, the ETH chart has displayed an upward trajectory, marking a recovery from the 12% dip experienced over the past month. Also, it has managed to bounce back from its lowest point in

September 15, 2023 2 mins read

Ethereum Price Sees Concise Surge as Crypto Market Rebounds

Vitalik Buterin, co-founder of Ethereum, spoke with David Hoffman at Blockworks’ Permissionless event recently, outlining his hopes for Ethereum and the larger Web3 ecosystem. Buterin said that existing advancements in the blockchain field, such as DeFi and NFTs, are vital but relatively restricted in magnitude, and he called for more

September 14, 2023 2 mins read

Ethereum Price Witnesses Brief Uptick as Bulls Fight Back

Glassnode, a blockchain analytics platform, recently reported that just around 53.5% of Ethereum addresses are profitable. The cryptocurrency’s price has dropped by 13.66% over the previous 30 days. Moreover, the price of Ethereum recently broke the key support level of $1600. According to Glassnode’s calculations, the last time the percentage

September 13, 2023 1 min read

Ethereum (ETH) Hits Six-Month Low Amid Bearish Trend

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has faced intense bearish pressure over the past three months, resulting in a consistent downward trajectory. This decline has pushed Ethereum’s price to its lowest point in five months, with the recent month being particularly harsh, witnessing a 15% drop that brought

September 12, 2023 2 mins read

Ethereum Price Breaks Key Support Level; Severe Decline Likely?

All eyes are on the upcoming U.S CPI and PPI inflation release this week. It will set a benchmark for the FOMC to decide over the interest rate decision. Any favorable call will act like a strong catalyst boosting overall market sentiment. It can possibly lead to a much-needed market-wide

September 11, 2023 2 mins read

Ethereum (ETH) Price Likely to Decline Further Amid Bear Dominance

According to a recent tweet by Glassnode alerts, an on-chain monitoring tool, the volume of Ethereum (ETH) withdrawals from exchanges has hit a one-month low. The report claims that the number of ETH withdrawals (7d MA) from exchanges has hit 3,109,756. This new low comes after the measure only yesterday

September 9, 2023 2 mins read

ETH Bears Dominate Amidst Ethereum ETFs Updates

In the current bearish climate within the crypto world, Ethereum, the second-largest cryptocurrency, has undeniably felt the impact. Over the past 30 days, ETH has experienced a significant 10% decline, and in the last 7 days, it continued to slide with a 5% decrease.  Despite a brief surge at the

September 8, 2023 3 mins read

Ethereum (ETH) Price Likely to Decline Further Amid Bear Dominance

Ethereum price has declined over the last week as the market struggles with persistent macroeconomic uncertainties and prolonged delays in the approval of spot ETFs. According to on-chain data, whales are quite active during this severe market downturn. Ali Martinez, a prominent crypto researcher, recently shared that in only 24

September 6, 2023 2 mins read