As December reaches midweek, the crypto market has shed 3.06% in market cap over the last 24 hours. Bitcoin price has edged up to $109K in the early hours and dipped steadily to $104K. The largest altcoin, Ethereum (ETH), followed BTC’s footsteps and failed to settle above the $4K zone.
As Ethereum reclaims the $4,000 threshold, historical data patterns reveal fascinating insights into the current market cycle. To understand where we are in this cycle, we need to examine how long-term holder behavior typically evolves through different market phases and what that means for price action. The Psychology of Long-Term
The Ethereum Foundation sold another 100 ETH for 402,473 DAI on December 17, 2024. This transaction is part of their ongoing sell strategy for the year. Notably, in the last seven days, the foundation has sold a total of 200 ETH for around 776,800 DAI. This infers a diplomatic sell
Ethereum’s price has surged 1.44% over the past 24 hours, trading at $4,018, with trading volume spiking by 40% during the same period. The altcoin has gained 29% over the past month and 67.30% year-to-date in 2024. However, recent developments suggest Ethereum’s bullish momentum could face challenges. One critical metric
Ethereum (ETH) reclaimed the $4,000 mark, reaching a recent high of $4,020.67 before consolidating. Currently, ETH trades at $3,960.98, up 3.07% in the last 24 hours. The market cap surged to $477.1 billion, representing a 3.07% increase. Meanwhile, the 24-hour trading volume spiked 8.26% to $30.34 billion, reflecting growing investor
Liquid restaking on Ethereum has witnessed explosive growth in 2024. The Total Value Locked (TVL) has surged from $284 million at the start of the year to $17.26 billion by mid-December. This remarkable 6,000% increase underscores the growing demand for staked asset utility and capital efficiency in decentralized finance (DeFi).
The global crypto market has decided to stay bullish this weekend as depicted by the 1.38% increase. Leading cryptocurrency, Bitcoin has surpassed its past few days’ resistance at the $100K level and is holding ground as of writing. Meanwhile, the altcoin sector has shown different signals. Some tokens such as
Bears in the crypto market have reversed the momentum, pushing prices into the red zone. With Bitcoin continuing to trade above the anticipated $100K threshold, the market eyes on Ethereum to reclaim the $4K mark. Despite the current market trend, crypto analysts are targeting big, forecasting that Ethereum will soon
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is witnessing a bullish surge. It has climbed 7% in the last 24 hours and recorded a 17% rise over the past week. Despite this rally, the trading volume dipped 29% on the same day, reflecting mixed market sentiment. Research data reveals
Our community is known for its spot-on rallies and ‘blink of an eye’ moments. The last few hours cocked one such moment, with a particular event triggering a price rally. Bitcoin has reclaimed its $100K mark, which also caused Ethereum to surpass $4000. Moreover, this rally was further intensified by
