[ad_1] Despite ETHBTC trending lower in favor of Bitcoin (BTC), there is a chance that the second most valuable cryptocurrency will recover in the months ahead. Taking to X in support of Ethereum (ETH), a crypto analyst, Mckenna, said a favorable
[ad_1] Ethereum’s value against Bitcoin has dropped to historical lows as market anticipation grows for an imminent launch of a spot exchange-traded fund in the U.S. Data from Paris-based crypto intelligence platform Kaiko showed that the ETH/BTC ratio has steadily
[ad_1] So far, Ethereum appears to be showing signs of an impending bullish run, according to Crypto Tony, a renowned analyst in the crypto space. Crypto Tony suggests that Ethereum’s journey to bullish momentum could commence if it successfully maintains
[ad_1] Bloomberg analyst Eric Balchunas has reduced the chance of the SEC denying a spot Bitcoin ETF to just 5%, with fellow Bloomberg reporter James Seyffart indicating only black swan interventions from Gary Gensler or the Biden administration possible routes
[ad_1] The Ethereum network is witnessing a surge in validator exits, which hit a record high of over 16,000 validators in the exit queue on Jan. 5, on-chain data showed. The rise in exits has caused the wait time for
[ad_1] Celsius Network, the bankrupt cryptocurrency lending company, is gearing up to unstake approximately $465 million worth of Ethereum (ETH) as part of its efforts to compensate creditors. This development follows the company’s bankruptcy filing in July 2022, leaving creditors
[ad_1] The total value locked (TVL) on Ethereum layer-2 networks recently hit a new all-time high in January, a testament to the continued adoption of Ethereum. Layer 2 networks sit on top of the Ethereum blockchain and help scale it
[ad_1] On-chain data shows the largest of the Ethereum whales have continued to buy more recently as their supply sets another new all-time high. Largest Ethereum Wallets Have Been Rapidly Accumulating According to data from the on-chain analytics firm Santiment,
[ad_1] Bankrupt crypto lender Celsius will unstake 206,300 Ethereum, worth around $470 million, as part of efforts to facilitate the distribution of assets to creditors, according to a Jan. 4 statement on social media platform X (formerly Twitter). Celsius said
[ad_1] Celsius, in bankruptcy since 2022, begins unstaking 206,300 ETH ($468.5M) for creditor distributions. Market speculates on a potential ETH “dump,” while some see Celsius’s move as relieving pressure on Ethereum. Earlier focused on Bitcoin mining post-bankruptcy, Celsius faces scrutiny
