Tag Archives: Ether

5 Million Strong: Active Ethereum Wallets Drive Strong Momentum

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According to veteran trader Peter Brandt, Ethereum might have just seen its future looking brighter. Known for his technical forecasts, Brandt feels the altcoin is on the verge of a bullish turnaround. He’s identified an inverted Head and Shoulders formation on the daily chart of Ethereum. This is one of the most classic buy signals… Continue reading 5 Million Strong: Active Ethereum Wallets Drive Strong Momentum→

Ethereum (ETH) About To ‘Catch Up On BTC’, Is It Ready To Reclaim $3,000?

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Following the market’s recent performance, Ethereum (ETH) attempted to break out of a bullish formation. Some analysts believe the cryptocurrency is preparing to catch up with Bitcoin and aim for March highs. Ethereum Getting Ready To Challenge BTC This week, Ethereum has successfully reclaimed the $2,500 support zone following the market’s recent performance. The second-largest… Continue reading Ethereum (ETH) About To ‘Catch Up On BTC’, Is It Ready To Reclaim $3,000?→

Bad Decisions By Ethereum Foundation Hurt ETH Price, Hedge Fund CIO Says

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Zaheer Ebtikar, the Chief Investment Officer (CIO) and founder of Split Capital—a hedge fund specializing in liquid token investments—has attributed the Ethereum underperformance over the last months to strategic missteps by the Ethereum Foundation and structural shifts in crypto capital flows. In an analysis shared via X (formerly Twitter), Ebtikar writes, “Independent of the myriad… Continue reading Bad Decisions By Ethereum Foundation Hurt ETH Price, Hedge Fund CIO Says→

$6 Million ETH Sale: Ethereum Foundation Joins Whale Liquidation Frenzy

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The Ethereum Foundation was at the center of attention recently concerning a liquidation plan it has set in place to sell parts of its Ether balance. According to the on-chain tracker Lookonchain, a wallet linked to the foundation moved 2,500 ETH, valued around $6 million, to the exchange Bitstamp on October 8, 2024. This is… Continue reading $6 Million ETH Sale: Ethereum Foundation Joins Whale Liquidation Frenzy→

Ethereum Taker Buy/Sell Ratio Is Rising Again — What It Means For ETH Price

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The Ethereum price recovery has been quite impressive in recent weeks, and an analyst has suggested that this might only be the beginning of a good run for the altcoin. Is The Ethereum Market Preparing For A Rally? A pseudonymous analyst has shared — via a CryptoQuant Quicktake post — an interesting on-chain insight into… Continue reading Ethereum Taker Buy/Sell Ratio Is Rising Again — What It Means For ETH Price→

Ethereum: Analyst Sets $2,820 As ETH’s Next Key Level to Watch, Here’s Why

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Following the market’s recent pump, the leading cryptocurrencies have seen a remarkable performance. Bitcoin is trading above the $64,000 mark, while Ethereum (ETH) has surged 9% in the last week to consolidate above a key support level. Despite the bullish sentiment, some crypto investors remain cautious about ETH’s performance as the second-largest cryptocurrency faces the… Continue reading Ethereum: Analyst Sets $2,820 As ETH’s Next Key Level to Watch, Here’s Why→

Bitwise CIO Calls Ethereum The ‘Microsoft Of Blockchains’, Can ETH Make A Comeback?

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Bitwise Chief Investment Officer Matt Hougan dubbed Ethereum (ETH) the ‘Microsoft of blockchains’, adding that none of the smart contract platform’s challenges are existential. Ethereum Has Challenges, But None Of Them Are Existential In a recent memo titled ‘A Contrarian Bet on Ethereum’, Hougan highlighted the tumbling ETH/BTC trading pair, indicating the weakening Ethereum price… Continue reading Bitwise CIO Calls Ethereum The ‘Microsoft Of Blockchains’, Can ETH Make A Comeback?→

Here Are The Major Developments That Could Drive Ethereum Price Back Above $4,000

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Ethereum, the second largest crypto by market cap, is trading at $2,420 after a recent price rally. Ethereum has been up by 3.4% and 6.3% in the past 24 hours and seven days, respectively, which has raised hopes for an extended bullish run. As the price performance continues to unfold, some major developments are taking… Continue reading Here Are The Major Developments That Could Drive Ethereum Price Back Above $4,000→

112,000 ETH Moved To Crypto Exchanges In The Past Day — Impact On Ethereum Price?

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The Ethereum price has been one of the major talking points in the crypto space lately, having been under significant bearish pressure in recent weeks. However, the second-largest cryptocurrency seems to be on a recovery path following its first positive weekly performance in more than a month. Recent on-chain data shows that significant amounts of… Continue reading 112,000 ETH Moved To Crypto Exchanges In The Past Day — Impact On Ethereum Price?→

Vitalik Buterin Withdraws 760 ETH As Market Turmoil Strikes Ethereum

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Ethereum co-founder Vitalik Buterin has been in the news of late with his 760 ETH withdrawal–a move that raised eyebrows as speculations about what such external wallet transactions by him could do to the Ethereum market. Transactions are part of a broader trend that has seen wallets associated with Buterin and the Ethereum Foundation actively… Continue reading Vitalik Buterin Withdraws 760 ETH As Market Turmoil Strikes Ethereum→