Tag Archives: Ethereum

Ethereum Could Reclaim $2,700 As Key Data Signals Reduced Selling Pressure

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Ethereum (ETH) currently trades approximately 11% below its local highs of around $2,730. Investors are optimistic about a potential price surge in the coming days, driven by encouraging on-chain data. Key metrics from Glassnode indicate a decline in ETH inflows into exchanges, suggesting that investors are holding onto their assets rather than selling. This trend… Continue reading Ethereum Could Reclaim $2,700 As Key Data Signals Reduced Selling Pressure→

Ethereum Price Back Above $2,500: Is a Bigger Move Coming?

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Ethereum price started a fresh increase from the $2,300 support zone. ETH is rising and might aim for a move above the $2,550 resistance. Ethereum started a decent increase above the $2,350 and $2,420 levels. The price is trading above $2,420 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming… Continue reading Ethereum Price Back Above $2,500: Is a Bigger Move Coming?→

72% Of ETHUSDT Traders On Binance Go Long – Is This The Buy Signal You Need?

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In a recent trading activity on the crypto exchange Binance, 72% of ETHUSDT traders have taken long positions. This interesting sentiment is revealed through the trading analytics platform CoinGlass. This surge in long position is more notable as it comes after a week of Ethereum trending downwards. The strong tilt toward long positions suggests that… Continue reading 72% Of ETHUSDT Traders On Binance Go Long – Is This The Buy Signal You Need?→

Ethereum ICO Participant Offloads 6,000 ETH As Bearish Sentiment Intensifies

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According to heightened geopolitical tensions in the Middle East and rising liquidations of long positions.  While Ethereum has experienced some rebound in the last day gaining by 3.21%, investors remain uncertain of a full price recovery with bearish sentiments raving through the market. Notably, an Ethereum ICO participant has now sold off a substantial amount… Continue reading Ethereum ICO Participant Offloads 6,000 ETH As Bearish Sentiment Intensifies→

Ethereum: 108,000 ETH Sent To Crypto Exchanges, Will Price Revisit $2,200?

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Ethereum (ETH) has seen a 10.3% drop from last week’s highs following the recent market downturn. Its performance has worried many analysts and investors, considering ETH could be near another correction. Ethereum Whales Send Millions To Exchanges Ethereum has struggled to reclaim some key resistance levels since the October 1 correction. On Tuesday, the cryptocurrency… Continue reading Ethereum: 108,000 ETH Sent To Crypto Exchanges, Will Price Revisit $2,200?→

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

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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→

RIP Altcoin Seasons? Crypto Analyst Debates Whether They’ll Ever Return

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In an analysis shared on X, crypto analyst Astronomer (@astronomer_zero) delves into the question that’s been looming over the crypto community in recents months: “Will we never have a proper altcoin season again?” As Bitcoin’s dominance (BTC.D) continues to surge and altcoins struggle to keep pace, Astronomer provides a data-driven perspective challenging the prevailing narratives… Continue reading RIP Altcoin Seasons? Crypto Analyst Debates Whether They’ll Ever Return→

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

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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→

Over 1.8 Million Addresses Bought 52 Million ETH At $2,350: Will Ethereum Continue Falling?

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Ethereum is down when writing, mirroring the general performance across the board. The nearly 2% drop in the crypto scene is due to the contraction of Bitcoin, Ethereum, and top altcoins. At present, the total market cap is down to $2.17 trillion. It could post even more losses should bears press on, reversing the gains… Continue reading Over 1.8 Million Addresses Bought 52 Million ETH At $2,350: Will Ethereum Continue Falling?→

Ethereum Price Next Move Hinges on Clearing This Crucial Hurdle

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Ethereum price extended its decline below the $2,350 level. ETH is now recovering from losses and faces a major hurdle near the $2,300 zone. Ethereum declined further and traded below the $2,350 zone. The price is trading below $2,400 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance… Continue reading Ethereum Price Next Move Hinges on Clearing This Crucial Hurdle→