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Search Results for: Ethereum

Ethereum Gas Fees Hit Five-Year Low Raising Supply Concerns

While ETH prices are struggling, the gas fee for Ethereum has lately dropped to its lowest point in five years. Kaiko recently highlighted the decline and what it may mean for the price of the cryptocurrency. Despite the launch of Spot Ether ETF trading in the US, the second biggest

August 19, 2024 2 mins read

Ethereum Stagnates at $2.6K Despite Attempts to Surpass Resistance

The crypto market begins the week on a bearish note, with the overall market cap showing a 0.73% decline. While the token’s daily trading volume surged by 35.46%, leading cryptocurrencies showed daily declines.  The largest cryptocurrency, Bitcoin, recorded a price reduction of 3.08% and slid to the $58K level. Leading

August 19, 2024 2 mins read

U.S Spot Ethereum ETFs See $39.2 Million Net Outflows

On Thursday, spot bitcoin ETFs had inflows of $11.1 million, while U.S. spot ether ETFs witnessed net outflows of $39.2 million. The $42.5 million that left Grayscale’s ETHE fund shows that outflows have persisted. Thursday marked the end of a three-day positive flow run for U.S. spot Ethereum exchange-traded funds,

August 16, 2024 1 min read

Will Ethereum (ETH) Drop Further Amid the Bearish Trend?

As in the mid of August, Ethereum (ETH), has witnessed significant bearish momentum over the past weeks. This largest altcoin struggles to break through the oscillating price range and chooses to consolidate within $2,600-2,700.  Last week on August 5, ETH declined to its seven-month low at the $2.1K range. Gradually,

August 16, 2024 2 mins read

Top 5 Cryptocurrencies To Buy Now: BlockDAG, Bitcoin, Dogecoin, ADA, and Ethereum

As we enter mid-August 2024, a selected group of cryptocurrencies emerges as promising candidates for significant growth. At the forefront in its eagerly anticipated presale phase is BlockDAG (BDAG), alongside established giants like Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and the iconic meme coin, Dogecoin (DOGE). These digital assets each

August 15, 2024 4 mins read

Can Ethereum Reverse Its Decline Amidst Heavy Selling?

Ethereum has been under significant bearish pressure over the past two weeks, with the cryptocurrency hitting a seven-month low of $2,111 recently. Despite a brief recovery, Ethereum’s price currently stands at $2,640, marking a 4% decline amid decreasing trading volume. The second-largest cryptocurrency continues to face intense selling pressure. The

August 15, 2024 2 mins read