Solana Down 40% But Analyst Says Now’s The Time To Buy SOL

Solana, one of the top altcoins, trailing Ethereum and the BNB Chain, has not been spared in the recent correction. After rallying to as high as $210 in Q1 2024, the coin is now sliding, facing strong headwinds, plunging, and following the performance posted by Bitcoin and Ethereum. Is This The Best Time To Buy… Continue reading Solana Down 40% But Analyst Says Now’s The Time To Buy SOL

Ethereum Price To Hit $10,000, ‘Just The Way The Chips Have Fallen,’ Analyst Says

Crypto analyst and trader Tyler Durden has revealed his bullish sentiment towards Ethereum (ETH). The analyst suggested that the ETH rise was inevitable and that it was better for traders to go with the tide.  Ethereum Is Set To Rise To $10,000 Durden mentioned in an X (formerly Twitter) post that Ethereum to $10,000 is… Continue reading Ethereum Price To Hit $10,000, ‘Just The Way The Chips Have Fallen,’ Analyst Says

Ethereum Foundation Moves $64.4 Million Worth Of ETH, Is This A Dump?

The Ethereum (ETH) tokens. The non-profit organization’s Ethereum transactions are always significant, considering the impact they usually have on the second-largest crypto token.  Ethereum Foundation Transfers $64.4 Million Worth Of ETH Crypto journalist Colin Wu revealed in an X (formerly Twitter) post that a wallet (0x8e…D052) linked to the Ethereum Foundation transferred 18,089 ETH ($64.4… Continue reading Ethereum Foundation Moves $64.4 Million Worth Of ETH, Is This A Dump?

Spot Ethereum ETFs Expected To Begin Trading On July 2, Can This Propel ETH To $10,000?

Discussions around when the Spot Ethereum ETFs will likely begin trading have continued to heat up. This time, Bloomberg analyst Eric Balchunas and fellow Bloomberg analyst James Seyffart have shared an update on when they expect these funds to begin trading.  Spot Ethereum ETFs To Begin Trading By July 2 Balchunas stated in an X… Continue reading Spot Ethereum ETFs Expected To Begin Trading On July 2, Can This Propel ETH To $10,000?

Ethereum HODLers Scoop 298,000 ETH In 24 Ahead Of Spot ETF Trading

Ethereum is under pressure at press time, tumbling roughly 15% from March 2024. As sellers press on, reversing all gains posted from May 20, on-chain data points to a bullish picture. Ethereum HODLers Scoop 298,000 ETH In 24 Hours Taking to X, one analyst notes a spike in ETH demand, especially from permanent holders. Most… Continue reading Ethereum HODLers Scoop 298,000 ETH In 24 Ahead Of Spot ETF Trading

Ethereum Withdrawals From Coinbase Top $1.2 Billion, What’s Going On?

Ethereum has seen a number of notable withdrawals that suggests that crypto whales are expecting a recovery in price. These large withdrawals has caused the ETH balances on centralized exchanges to fall to their lowest level since 2016. 336,000 ETH Withdrawn From Exchanges Crypto analyst Ash Crypto took to X (formerly Twitter) to ETH that… Continue reading Ethereum Withdrawals From Coinbase Top $1.2 Billion, What’s Going On?

Optimism Activates Fault-Proofs On Mainnet, OP Is Down 55% In 3 Months

In a major milestone for Ethereum and layer-2s, Optimism, a layer-2 scaling platform for the second most valuable network, has announced the activation of open source and permissionless fault proofs. Even though the platform manages over $7 billion of assets, according to L2Beat, Optimism, like most optimistic rollups, lacked a way of trustlessly verifying transactions.… Continue reading Optimism Activates Fault-Proofs On Mainnet, OP Is Down 55% In 3 Months

Ethereum Buying Pressure Reaches Critical Level Amid Massive Whale Buying

Institutional investors have been accumulating Ethereum at a rapid pace after the SEC’s recent approval of Spot Ethereum ETFs. Crypto analyst Ali Martinez noted that this accumulation trend has created buying pressure that could be the much-needed catalyst for Ethereum to break above the $4,000 price mark. According to a social media post by Ali… Continue reading Ethereum Buying Pressure Reaches Critical Level Amid Massive Whale Buying

Ethereum Inflows Soar: Record Week With $69M As ETFs Near Trading Launch, What’s Next?

Following the recent price spike that brought Ethereum (ETH) close to the $4,000 mark, the second-largest cryptocurrency has experienced inflows and renewed market enthusiasm. This comes in response to the US Securities and Exchange Commission’s (SEC) approval of Ethereum ETF applications by major asset managers. Best Week For Ethereum Since March  According to a report… Continue reading Ethereum Inflows Soar: Record Week With $69M As ETFs Near Trading Launch, What’s Next?

Bitcoin & Ethereum On “Path To Acceleration,” CryptoQuant Explains Why

The on-chain analytics firm CryptoQuant has explained why Bitcoin and Ethereum have recently appeared to be on a path towards acceleration. Bitcoin & Ethereum Are Looking Bullish In On-Chain Metrics In a new thread on X, the official CryptoQuant handle discussed how some important on-chain indicators are looking for Bitcoin and Ethereum right now. The… Continue reading Bitcoin & Ethereum On “Path To Acceleration,” CryptoQuant Explains Why