Ethereum News Updates by TheNewsCrypto

Is the Recent Whale Activity Signaling Trouble for Ethereum?

Ethereum Shows Mixed Signals as MVRV Ratio Surpasses 10% Amid Whale Accumulation

The second-largest cryptocurrency by market capitalization is demonstrating notable price momentum, driven by Bitcoin’s recent record-breaking performance. This market movement has propelled Ethereum to significant daily gains, sparking discussions about sustainability and future price trajectories. Ethereum market metrics and whale behavior The Market Value to Realized Value (MVRV) ratio for

November 8, 2024 2 mins read

https://thenewscrypto.com/ethereum-eyes-breakout-above-2600-technicals-look-strong/

Can Ethereum (ETH) Break the $3K Threshold?

Following the US election of 2024, a notable surge has ignited within the cryptocurrency market to rekindle the bullish rally. Post the period of persistent difficulties, the largest altcoin, Ethereum (ETH), has finally broken above the $2,880 mark. At present, the asset is at a crucial juncture, attempting to hit

November 8, 2024 2 mins read

Ethereum Launches Mekong Testnet for Pectra Upgrade Preview

The Ethereum Foundation has launched the Mekong testnet, a crucial step towards the upcoming Pectra upgrade. The testnet, which is a short-term environment, is designed to allow developers to explore user experience (UX) improvements and familiarize themselves with staking changes ahead of the Pectra fork. This development follows an extensive

November 7, 2024 2 mins read

Ethereum Forms Bull Flag Pattern With Rally Potential to $3,577

Will ETH Reach Key Resistance as Market Momentum Builds?

The global crypto market cap surged to $2.47 trillion, marking an 8.11% increase in the last 24 hours. Total crypto market volume soared to $165.48 billion, reflecting a significant 95.70% surge in trading activity. DeFi’s share of this volume stood at $6.62 billion, accounting for 4.00% of the total crypto

November 6, 2024 2 mins read

Is the Recent Whale Activity Signaling Trouble for Ethereum?

As the cryptocurrency market grapples with uncertainty surrounding the U.S. presidential election, Ethereum (ETH) has experienced significant downward pressure. Currently trading at approximately $2,443, ETH has seen a 0.73% decline in the past 24 hours and a steep 7% drop over the last week. Despite a slight recovery in total

November 5, 2024 2 mins read

Ethereum Sustains Bearish Trend at $2.5K Despite High Volatility

The global crypto market pendulum has hit an early swing to market revival after this month’s initial drop. Meanwhile, in an interesting turn of events, stablecoin issuer, Tether has announced the launch of its Dirham-pegged stablecoin soon. With such updates, the digital asset space has shown a spur of activity

November 2, 2024 2 mins read

Bears Dominate Global Crypto Market as Ethereum Hits Critical Levels

The global cryptocurrency market cap currently stands at $2.28 trillion, reflecting a 5.96% drop in the last 24 hours. This decline may be partly driven by shifts in the U.S. election predictions, as recent data shows that the odds of Trump winning have dropped to 2.8%. This adjustment in election

November 1, 2024 2 mins read

Vitalik Buterin Drives Change in Ethereum with ‘The Splurge’

The future of the Ethereum protocol is on the brink of exciting changes, particularly highlighted in Vitalik Buterin’s latest segment, part 6: “The Splurge.” This section dives into several incremental improvements that may not fit into tidy categories. But these are crucial for the protocol’s overall success. Vitalik’s vision aims

October 29, 2024 2 mins read

Ethereum L2s TVL Hits Record $51.5 Billion Amid Overall Market Surge

Ethereum (ETH) Rally Intensifies as Bulls Set Sights on $3K

As November prepares to make its entrance, the crypto market breaks and recovers from the bearish pressure. The trading day opened with the market exhibiting a 4.68% surge in market cap, reaching $2.4 trillion over the last day. Notably, the largest cryptocurrency, Bitcoin, has broken above $71K. The largest altcoin,

October 29, 2024 2 mins read

Mysterious '7 Siblings' Make Waves with $66M Ethereum Buy

Ethereum/Bitcoin Hits 3-Year Low: Analyst Shares Next Support Level

Ethereum’s relationship with Bitcoin has reached a critical juncture as the ETH/BTC ratio plunges to levels not seen since April 2021. This significant decline, marking a 30% drop since July 1, signals a substantial shift in the relative strength between cryptocurrency’s two largest assets. Michaël van de Poppe, CEO of

October 25, 2024 1 min read