Thu, November 28

Will Ethereum (ETH) Recover After Falling Below $3,000 Again?

Ethereum (ETH), the second-largest cryptocurrency by market cap, has fallen below $3,000 for the second time in the past 30 days, mirroring global market concern and significant sell-off pressure in the crypto ecosystem. Today’s 8.41% decline in ETH comes as Genesis Trading, a major player in the crypto market, has

August 3, 2024 2 mins read

Genesis Transfers $1.5B in BTC and ETH to Likely Repay Creditors

The crypto lending behemoth Genesis Global, which had previously declared bankruptcy, has reportedly transferred $1.5 billion to repay creditors. Noting that the transferred money is held in Bitcoin (BTC) and Ethereum (ETH), the crypto data analytics portal Arkham Intelligence revealed the update. Genesis Global was badly affected by the FTX

August 2, 2024 1 min read

Ethereum Smart Money Wallet Accumulates ETH Amid Price Dips

Leading altcoin, Ethereum experienced the spotlight with the launch of its spot ETH ETFs in July. The token was expected to rally with price breakouts, but contrary to market expectations, ETH did not show notable surges. In the last 24 hours, a smart money wallet, known for its 100% win

August 2, 2024 2 mins read

Will Ethereum Defy the Bears and Rally in August?

The crypto market exhibits a bearish sentiment followed by the unchanged Fed rate. Bitcoin has dropped by 3%, and the largest altcoin, Ethereum, recorded a similar downside price action by falling over 3.70%. A low has formed near $3,136, indicating a negative outlook.  The price drop of ETH can also

August 1, 2024 2 mins read

Spot Ethereum ETFs See $77.2M Outflow Amid Market Volatility

Another large outflow of $77.2 million occurred on Wednesday, July 31, in Spot Ethereum ETFs. Although there was a recovery on Tuesday, this indicates that the declining trend in flows has persisted. Furthermore, the Federal Reserve’s decision to leave interest rates steady is accompanied by these outflows, which indicate a

August 1, 2024 2 mins read

Galaxy Digital Accumulates ETH Amid the Token Price Dips

The beginning of August has witnessed a sharp intraday price decline in the leading altcoin, Ethereum. The token depicted a 4.50% decline in the last 24 hours and slid back to the $3,100 level. Notably, leading digital asset firm, Galaxy Digital showed ETH movements in the past few hours.  According

August 1, 2024 2 mins read

Ethereum ICO Participant Awakens After 9 Years, Moves ETH on Network’s 9th Birthday

In the latest development, an Ethereum ICO participant emerged from a nine-year slumber on Tuesday, moving a substantial portion of their investment to a new wallet. The early investor’s reappearance coincides with the Ethereum network’s ninth birthday, marking a significant milestone for the cryptocurrency. Initial coin offerings (ICOs) differ from

July 30, 2024 2 mins read

Will ETH Price Move High as Ethereum Turns Nine?

Ethereum (ETH), the second-largest cryptocurrency, resumes encountering a feud at the borderline post the launch of spot ETH ETFs. The asset is priced in red, dropping by 1.28% over the past 24 hours. This decline comes alongside Bitcoin’s fall of over 4% to $66.5K from $69K.  Ethereum celebrates its ninth

July 30, 2024 2 mins read

Ethereum (ETH) Price Faces Bearish Pressure as Demand Wanes and Whales Dump Holdings

Ethereum (ETH) concluded last week on a bearish note, despite a notable rebound triggered by the recent approval of spot Ether exchange-traded funds (ETFs). The large-cap altcoin, boasting a fully diluted valuation of approximately $407 billion and a daily average traded volume of around $11.1 billion, has managed to establish

July 30, 2024 2 mins read

Ethereum Staking Witnesses Substantial Uptick Amid Spot Ether ETF Wave

More than 28 percent of Ethereum (ETH) has been staked, marking a significant milestone. Glassnode and Cryptoquant.com reports that 28% of the entire ETH is now staked. There is a scarcity signalling around 10% of Ethereum volume on crypto exchanges. According to Leon Waidmann, Head of Research at the non-profit

July 29, 2024 2 mins read