Ethereum (ETH) is currently trading at $3,433, experiencing a 2% decline in the past 24 hours with trading volume down 18%. Over the last week, the asset has dropped by 7%, and on December 20, it fell below the support zone of $3,101, a level not seen for over a
The fact that Ethereum ETFs have surpassed the $2.5 billion mark suggests that Ether could be about to make a significant move. Based on statistics from Farside Investors, the total inflows into U.S. spot Ether ETFs reached $2.5 billion on December 24th, with the ETFs receiving $53 million in cumulative
Justin Sun, founder of Tron, has started transferring Ethereum (ETH) to his cryptocurrency trading platform HTX once again. The transactions were made by Justin Sun on Christmas Eve, coinciding with the price of Ethereum starting its rebound, according to data from analytics company Spot on Chain. According to the report
Ethereum, since its inception in 2015, has been the cornerstone of decentralized finance (DeFi), NFTs, and smart contract applications. However, as the Ethereum network gained popularity, its scalability issues became evident. High gas fees and network congestion have often made it expensive and inefficient for users. To address these challenges,
The ETH/USD pair remains in an upward trend, while experts believe that the benchmark will reach $10,000 by 2025. More engagement from whales, and institutional investors, and a subsequent rise in on-chain transactions make for Ethereum’s long-term trajectory indicators. Rexas Finance (RXS) is another promising altcoin in the making as
With the Ethereum price plunging 17% after encountering resistance at $4,000 last week, Tron creator Justin Sun has persisted in his ETH selling binge. Half of Justin Sun’s Ethereum holdings, or $143 million, were sold in the last week. Experts in the market think that Ethereum’s price can go below
Ethereum (ETH) is trading at $3,323, registering a slight 0.10% dip alongside a 10% drop in trading volume over the past 24 hours. This follows a turbulent week where ETH hit a 29-day low of $3,101 and recorded a 16% weekly decline. The daily Relative Strength Index (RSI) now hovers
The global crypto market has seen many developments and twists in 2024 from Bitcoin ETF approval to Bitcoin’s long-awaited target of $100K achievement. In this article we will explore the significant event which has poured more excitement in the market boom. January: The SEC Approves Bitcoin ETFs The U.S. SEC
Ethereum (ETH) has been struggling to break above the $4,100 mark, a level it last crossed in March 2024 but has since faced repeated rejections. Despite occasional bounces, ETH has failed to maintain momentum above this key level, even as Bitcoin (BTC) continues to hit new highs. Today, Ethereum’s price
Ethereum faces a crucial test of market confidence as its price retreats below the psychologically important $3,500 level, coinciding with Bitcoin’s drop under $96,000. This correction has triggered significant movements among major holders and institutional investors, potentially setting the stage for further price discovery. Ethereum Technical Picture Unfolds The triple
