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Search Results for: Ethereum

Is Ethereum (ETH) Destined to Plunge Below $2.4K?

The overall crypto market displayed mild dips in market cap and trading volume throughout the week. Bitcoin (BTC), the largest cryptocurrency, has stepped into bearish turns, trading below $59K. The largest altcoin, Ethereum, endured a sturdy month, witnessing critical losses with its price dipping to $2.2K.  Notably, ETH witnessed modest

August 30, 2024 2 mins read

US Spot Ethereum ETFs Ends the Prolonged Outflows

After the nine consecutive days of outflows, the US Spot Ethereum ETFs witnessed a net inflow of $5.84 million. The inflows were led by BlackRock’s ETHA and Fidelity’s FETH. Conversely, Grayscale’s ETHE continues to experience outflows. According to the SoSoValue statistics, BlackRock’s ETHA ETF witnessed the largest inflow of $8.40

August 29, 2024 2 mins read

How Will Ethereum Navigate its Price From Current Recovery Levels?

The second largest cryptocurrency, Ethereum, in an interesting turn of events, halted its price declines. The altcoin showed a price recovery following its recent brief price dip. Meanwhile, the overall cryptocurrency market has reverted to bullish after Wednesday’s price decline. Bitcoin, however, still remains below the $60K level.  Notably, Ethereum’s

August 29, 2024 2 mins read

Will Ethereum Recover After Slumping Below $2,500?

The crypto market is reeling from significant losses, with Bitcoin (BTC) falling under $59,000 and Ethereum (ETH) experiencing a sharp decline of nearly 10%, dropping from its high of $2,800 to below $2,500. Particularly since the start of August, Ethereum has taken a significant nosedive and has struggled to breach

August 28, 2024 2 mins read

Ethereum Whale’s $15M Loss Highlights Market Volatility

In recent market turbulence, a significant whale transaction has captured attention. The whale deposited 8,825 ETH (approximately $24.1 million) to Binance, leaving a remaining 10,619 ETH (around $28.5 million) with an estimated total loss of $15.7 million, marking a 23% decline on the ongoing third ETH trade, according to whale

August 27, 2024 2 mins read

Will Ethereum Price Surpass Second Resistance at $2.7K Levels?

The crypto market, as another week begins, showed mild dips in market cap and trading volume. In the last few days, leading cryptocurrencies took bullish turns after several weeks of price slump. Bitcoin surpassed $60K for the first time after the August first-week price dip. Meanwhile, the market has seen

August 26, 2024 2 mins read

Vitalik Buterin Hails Ethereum’s Resilience Over Supermajority

Ethereum co-founder Vitalik Buterin has lately brought attention to a crucial part of the network’s resilience. He called it “great news” for the Layer 1 network since the percentage of execution clients doesn’t go beyond two-thirds. In addition, the Ethereum blockchain has recently undergone significant modifications, and this announcement follows

August 24, 2024 2 mins read

Ethereum Foundation Moves ETH to Kraken Amid Token Price Recovery

The Ethereum Foundation caught market attention in the past day with its significant ETH transactions. While the altcoin has struggled to surpass the $2.6K level in the past few weeks, it has exhibited modest positive momentum in the last 24 hours. Meanwhile, market conditions have turned bullish with market cap

August 24, 2024 2 mins read

Is Ethereum Trapped at $2.6K Consolidation After Bullish Attempts?

The crypto market has exhibited mixed signals in the past few weeks, as prices haven’t shown significant upward movements. While the regulatory and L2 sectors have witnessed optimal activities, prices have experienced an overall lull. Notably, Bitcoin, the largest cryptocurrency, has struggled to surpass $61K over the past week.  Meanwhile,

August 23, 2024 2 mins read