The crypto sector shook off its recent slump with a surge in activity over the last 24 hours. While the web3 ecosystem made several advancements, cryptocurrency prices took a turn towards a modest positive. Relatedly, the leading altcoin and second largest cryptocurrency, Ethereum recorded a 0.98% increase in daily price
Ethereum co-founder Vitalik Buterin has recently been at the center of speculation regarding his cryptocurrency holdings and transactions, particularly amidst concerns over large-scale ETH sell-offs by major holders, or “whales.” Buterin addressed these concerns in a recent tweet, clarifying that he has not sold and retained the proceeds since 2018.
Altcoins have shown mixed signals this week, with Ethereum, the largest altcoin, grappling to hold its ground. Its price remains caught between crucial support and resistance levels, recently dropping below $2,400. Notably, over the past 24 hours, despite price fluctuations, ETH witnessed a moderate spike of 1.52%. At the press
The crypto sector during pivotal market situations sees increased whale activity. Whale movements when significant often influence cryptocurrency prices. Relatedly, in the last few hours, Hong Kong Asset management firm, Metalpha garnered market attention with significant Ethereum movements. Notably, LookOnchain reported that Metalpha moved 10,000 Ethereum tokens worth $23.45 million
Ethereum (ETH) has slipped into a challenging phase, with its price falling to the $2.2K zone for the first time since late January. This decline comes amid several key developments and market shifts that are adding pressure to cryptocurrency. In recent weeks, Ethereum has struggled to maintain its upward momentum.
Ethereum co-founder Vitalik Buterin has found himself at the centre of speculation after significant Ethereum (ETH) wallet transfers linked to him. Last week, a multi-signature wallet that received 3,800 ETH from Buterin between August 9 and August 30 initiated a selling spree, as reported by SpotOnChain. The wallet sold 760
In the past week, Ethereum holders have experienced significant selling pressure. A total of 312,183 ETH, valued at approximately $751 million, has been deposited into exchanges. This surge in exchange deposits reflects growing uncertainty among investors. Market watchers are closely monitoring these developments as they signal a potential shift in
Ethereum (ETH) has witnessed crucial challenges in recent weeks, continuing its downward trajectory. After the recent price slump, ETH extended its bearish momentum, following the launch of a new decentralized exchange, Ethervista, and Ripple’s announcement to add an Ethereum smart contract on XRP Ledger. However, market analysts suggested that ETH
A trader identified as 0x430 achieved a notable profit by investing $5K into Ethervista, a new Ethereum Layer-2 network. Within 48 hours of the token launch, this investor turned their initial stake into $670K, reported prominent data aggregator platform, Arkham Intelligence. Ethervista has attracted significant attention in the Ethereum DeFi
Ethereum, the leading altcoin, has shown signs of recovery after a challenging month, where it declined by 14%. In the past 24 hours, ETH surged to $2,563 before settling at $2,520.29, marking a 2.65% decline. It traded within the range of $2,434 and $2,563, but trading volume fell by 3.27%.
