Ethereum Accumulation Rises As 70% Holders Are In Profit: What It Means For ETH Price?

According to an analysis from on-chain analytics firm CryptoQuant, the total Ethereum (ETH) amount in accumulation wallets has surged to over 19 million. Ethereum Accumulation Continues To Surge The analysis shared by verified CryptoQuant analyst, Burak Kesmeci, indicates that more than 19 million ETH is now held by the so-called “accumulation addresses.” In January 2024,… Continue reading Ethereum Accumulation Rises As 70% Holders Are In Profit: What It Means For ETH Price?

Survey Finds Almost 70% Of Ethereum Institutional Investors Engaged In ETH Staking

Almost 70% of institutional investors in Ethereum (ETH) are participating in ETH staking, with 60.6% of them using third-party staking platforms. Ethereum Staking Landscape At A Glance According to a report by Blockworks Research, 69.2% of institutional investors holding Ethereum are engaged in staking the platform’s native ETH token. Of these, 78.8% are investment firms… Continue reading Survey Finds Almost 70% Of Ethereum Institutional Investors Engaged In ETH Staking

Ethereum Could Push To $6,000 If This Pattern Holds, Analyst Says

An analyst has explained how Ethereum could see a run toward the $6,000 level if this historical pattern continues to hold for the asset’s price. Ethereum Ascending Channel Could Reveal Its Next Destination In a new post on X, analyst Ali Martinez has discussed a pattern that the 1-week price of Ethereum has potentially been… Continue reading Ethereum Could Push To $6,000 If This Pattern Holds, Analyst Says

ETH’s Fate Hinges On $2,300: Will Ethereum Soar To $6,000 Or Dive To $1,600?

Ethereum (ETH) has seen significant volatility in recent weeks, dropping from a one-month high of nearly $2,730 at the end of September to around $2,400, raising concerns about the medium-term price sustainability of the second-largest cryptocurrency by market capitalization. Ethereum Rally To $6,000 If $2,300 Support Holds Ethereum has fallen 7% in the past two… Continue reading ETH’s Fate Hinges On $2,300: Will Ethereum Soar To $6,000 Or Dive To $1,600?

Ethereum Proposal EIP-7781 Promises Network Performance Boost – Here’s What To Expect

Ethereum Improvement Proposal (EIP) 7781 aims to reduce Ethereum network slot times, expand blob capacity, enhance decentralized exchange (DEX) performance, and lower gas fees.  What Is Ethereum Improvement Proposal – 7781?  EIP-7781 has garnered attention from the Ethereum (ETH) community due to its potential impact on the smart contract platform. Proposed by Ben Adams, co-founder… Continue reading Ethereum Proposal EIP-7781 Promises Network Performance Boost – Here’s What To Expect

Ethereum Inflation Surge Casts Doubt On “Ultrasound Money” Claim: Report

According to the latest Binance Research report, the Ethereum (ETH) issuance rate continued to rise in September 2024, raising concerns about the digital asset’s “ultrasound money” claim. Ethereum Issuance Rate Continues To Surge In its October 2024 Monthly Market Insights report, Binance Research highlighted that the ETH issuance rate continued its ascent in September, moving… Continue reading Ethereum Inflation Surge Casts Doubt On “Ultrasound Money” Claim: Report

Ethereum Solo Staking Made Easier? Vitalik Buterin Supports Lower Entry Requirements

Ethereum (ETH) co-founder Vitalik Buterin advocates reducing the ETH solo staking requirement to lower the entry barrier and promote greater network decentralization. Buterin Sees 32 ETH Requirement As A Barrier Responding to Ethereum educator Anthony Sassano on X regarding solo staking, Buterin expressed concern that the current 32 ETH requirement presents a bigger obstacle than… Continue reading Ethereum Solo Staking Made Easier? Vitalik Buterin Supports Lower Entry Requirements

Ethereum Struggles To Reach Higher Highs Unlike BTC: Key Levels ETH Must Break

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently lagged behind other top tokens, posting losses on both a 24-hour and weekly basis. Despite this downturn, some analysts believe that if Ethereum can overcome critical resistance levels in the near future, it may follow seasonal trends typically seen in “Uptober,” potentially leading to a… Continue reading Ethereum Struggles To Reach Higher Highs Unlike BTC: Key Levels ETH Must Break

Ethereum Demand Driven By Use In On-Chain Applications, Token Transfers: CoinShares

Ethereum (ETH) demand is largely driven by the token’s use in on-chain applications and token transfers, according to a report by CoinShares. Ethereum’s Use-Cases Have Increased, But Long-Term Value Is Missing In a recently published detailed report, CoinShares’ Matthew Kimmell noted that despite Ethereum’s potential to host popular applications in the future, investors are struggling… Continue reading Ethereum Demand Driven By Use In On-Chain Applications, Token Transfers: CoinShares

Ethereum Gains On Bitcoin Following Fed Rate Cut: Altseason Soon?

Ethereum (ETH) price has outshined Bitcoin (BTC) over the last week since the US Federal Reserve (Fed) slashed interest rate by 50 basis points (bps) on September 18, 2024. Ethereum Gains On Bitcoin, Prelude To Altseason? Ethereum has had an impressive last few days as far as its price action is concerned. ETH has surged… Continue reading Ethereum Gains On Bitcoin Following Fed Rate Cut: Altseason Soon?