Tag Archives: ethereum news

Ethereum Sees 43% Crash In Active Addresses, What’s Going On?

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The market sentiment towards Ethereum (ETH) has recent price volatility. This negative sentiment is evident in Ethereum’s new active addresses, having crashed by a whopping 43%, underscoring reduced network activity and investor confidence.  New Active Addresses On Ethereum Decline Ethereum’s network activity, as the number of new active addresses has seen a sharp unexpected decline… Continue reading Ethereum Sees 43% Crash In Active Addresses, What’s Going On?→

Crypto Analyst Predicts What Will Drive The Ethereum Price Back Above $3,000 Again

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Ethereum, the second-largest cryptocurrency by market capitalization, has yet to reclaim the $3,000 price level since early August. Since the beginning of September, Ethereum has mostly traded below $2,600, but this week brought a glimmer of hope for investors as it finally managed to break above the $2,600 threshold. Now that this resistance threshold has… Continue reading Crypto Analyst Predicts What Will Drive The Ethereum Price Back Above $3,000 Again→

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

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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 Whales Spend $185 Million To Accumulate 70,000 ETH, Time To Buy?

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Ethereum has largely mirrored Bitcoin in terms of price action and has yet to break out on its own accord in the past few months. According to price data, Ethereum is up by 13% in the past seven days, outpacing Bitcoin’s increase of 5.8% in the same time frame. Behind this interesting increase in Ethereum… Continue reading Ethereum Whales Spend $185 Million To Accumulate 70,000 ETH, Time To Buy?→

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

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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?→

Ethereum ETFs See Largest Outflows Since July: Is Waning Institutional Demand Hurting ETH?

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Ethereum (ETH) exchange-traded funds (ETFs) posted the largest outflows since July 2024, with $79.2 million leaving the market on Monday, according to data from SoSoValue. Ethereum ETFs Continue To Underperform Despite the highly-anticipated and strong start for Ethereum ETFs in July 2024, the latest crypto-based ETFs have, thus far, failed to sustain institutional interest. The… Continue reading Ethereum ETFs See Largest Outflows Since July: Is Waning Institutional Demand Hurting ETH?→

Diamond Hand Ethereum Whale Moves 15,000 ETH, Here’s The Destination

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A “Diamond Hand” Ethereum (ETH) whale has suddenly emerged, transferring a massive 15,000 ETH token to a major exchange. Given the sheer size of the transaction, this whale has caught the attention of many Ethereum investors and the broader crypto community. Diamond Hand Whale Moves 15,000 ETH Tokens Spot On Chain, a blockchain analytics platform,… Continue reading Diamond Hand Ethereum Whale Moves 15,000 ETH, Here’s The Destination→

Ethereum Poised For A Comeback Following Interest Rate Cut: Steno Research

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According to Steno Research, Ethereum’s (ETH) days of underperformance against the wider crypto market might be numbered following the US Federal Reserve’s (Fed) decision to cut interest rates. It’s Time For Ethereum To Shine Again Regarding price appreciation, ETH hasn’t had a particularly impressive 2024. While Bitcoin (BTC) and altcoins like Solana (SOL) and Tron… Continue reading Ethereum Poised For A Comeback Following Interest Rate Cut: Steno Research→

Is This The End For Ethereum Or A Generational Opportunity?

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Ethereum holders are definitely being tested by some tough times, with recent price action failing to create a bullish perspective for the digital asset. One of the major disappointments has been the performance of spot Ethereum exchange-traded funds (ETFs), which were launched in the U.S. with great fanfare. These ETFs were seen by numerous market… Continue reading Is This The End For Ethereum Or A Generational Opportunity?→

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?→