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 crypto global market has witnessed plenty of developments and twists in the year 2024, right from Bitcoin’s long-awaited goal of $100K to even the approval of Bitcoin ETFs. January: The SEC Approves Bitcoin ETFs The U.S. SEC has approved 11 Bitcoin ETFs. Now, the investment community can own the
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
As the overall crypto market cap slips by more than 5% to $3.51 trillion, Ethereum (ETH), the largest altcoin, stands at a crucial crossroads. Clearing the $4K threshold of ETH seems to be hard to fetch. The recent price momentum of Ethereum brought in a rally toward $4K. Over the
Cryptocurrency enthusiasts are always on the hunt for the next big opportunity, and PNUT and Rexas Finance might just be the golden tickets. Much like Ethereum (ETH) and Solana (SOL) revolutionized crypto space with astronomical returns, these two promising tokens are generating buzz for their potential to transform modest investments
