The sentiment surrounding Ethereum and Ether (ETH) is now a mix of optimism and criticism. Metrics displayed by the largest smart contract-led ecosystem’s layer-2s (L2s) reflect a bullish outlook, while certain circumstances provoke fear, uncertainty, and doubt (FUD). Especially the question: Will ETH lose its value accrual amid the L2
Ethereum (ETH), the world’s second dominantly valued cryptocurrency, fumbles down to its lowest point of $3,202 in a fortnight. At the moment, the question, “Will ETH slide further to $3K?” still hangs in the air. As per the price chart, ETH/USDT is trapped in a downtrend with a bearish MA
Stader Labs recently unveiled Phase 2 of its ETHx tokenomics with the launch of SD Utility Pool. SD Utility Pool is a strategic initiative by the liquid staking giant to tie in SD, its protocol token, more integrally with the ETH ecosystem. It shall provide a higher level of utility
The cryptocurrency market is booming, fuelled by excitement and the prospect of a bull run following Bitcoin’s halving. This can be intimidating as well as exhilarating for novice investors. Although the prospect of large profits is alluring, understanding the intricate world of cryptocurrency demands caution and knowledge. Here, we examine
Ethereum has recently witnessed a surge in bullish activity, signaling a promising path to recovery. Over the past 24 hours, ETH witnessed a commendable 4% upswing in its price, with figures climbing from $3434 to $3657. Notably, this bullish momentum was accompanied by a significant spike in trading volume, which
On Wednesday, the long-awaited Dencun Ethereum upgrade finally went live, promising cost-effectiveness within the network ecosystem. However, the deployment didn’t seem to favor Ether’s (ETH) price, as it dipped by 3.6% from $4,083 to $3,936, according to CoinMarketCap data. Further, Singapore-based digital asset trading firm QCP Capital has warned about
While Ethereum’s highly anticipated Dencun update looms, ETH’s options market is sending mixed signals, raising concerns among traders. According to market analysts at QCP Capital, ETH’s risk reversals have turned negative for near-term expiries, indicating a surge in demand for put options. This shift suggests a growing grasp of a
The prominent altcoin Ethereum (ETH) has surpassed the $3,120 mark, showcasing an uphill performance in the cryptocurrency market and outpacing Bitcoin. ETH’s current trading level, not seen since April 2022, is drawing significant market interest and hinting at potential future growth. The Ethereum surge comes amid the forthcoming Dencun upgrade,
Ether (ETH), the native token of the Ethereum network, surged past the $3,000 mark on Tuesday, marking its highest value since April 2022. Over the past 24 hours, Ether’s price has risen by approximately 3.5%, reaching $3,033, and has displayed a significant 16% increase in the past week, outpacing other
Ethereum (ETH) has been on a remarkably bullish trajectory, with trading activity surging notably on the last day. This uptick in trading can be attributed to strategic investors positioning themselves ahead of the resumption of Bitcoin ETF trading sessions in the US. Sentiments daily trading volume tracking reveals a significant
