Ethereum Dive To 3-Year Low Against Bitcoin, Is This A Bear Trap? Trading Guru Weighs In
[ad_1] Trading Guru Peter Brandt has recently commented on the Ethereum vs. Bitcoin chart, offering intriguing insights into market developments. Brandt’s remark comes after his prior critiques of Ethereum, denigrating it as a “junk coin” and its proponents as “Etheridiots.” However, amidst Ethereum’s recent descent to its lowest position against Bitcoin in nearly three years, Brandt’s […]
Will SEC Hurdles Derail Its Bullish Journey?
[ad_1] Ethereum (ETH) stands at a crucial juncture, with its eyes set on the $4,000 price mark. Amid this ambitious pursuit, the digital asset faces a significant challenge that could influence its trajectory: scrutiny from the US Securities and Exchange Commission (SEC). Despite this potential regulatory hurdle, some analysts remain optimistic about Ethereum’s prospects. A […]
Market Alert: Ethereum Faces Potential Downfall as Dencun Upgrade Looms
[ad_1] Ethereum (ETH) is poised for a notable improvement with the impending Dencun upgrade to enhance the network’s scalability. However, amidst this anticipation, QCP Capital, a seasoned crypto asset trading firm, has shed light on an emerging trend that might influence Ethereum’s price trajectory. The firm’s analysis reveals a shift in “risk reversals” for Ethereum, […]
XRP On The Brink – Bullish Pattern Or Profit-Taking Retreat?
[ad_1] XRP, the native token of the Ripple network, has been a cryptocurrency on a rollercoaster ride. After a year marked by significant price swings and a high-profile lawsuit, XRP finds itself at a crossroads. Could a technical indicator signal a long-awaited rise, or are recent dips a sign of profit-taking before a potential fall? […]
$906M Worth Of Ethereum Leave Exchanges Last Week
[ad_1] Exchange data has revealed continued bullish sentiment from Ethereum traders. According to IntoTheBlock, $906 million worth of Ethereum was withdrawn from crypto exchanges last week, indicating a holding mentality among investors. This massive exodus of ETH from exchanges could indicate that traders are anticipating higher prices and moving their holdings into private wallets for […]
Whales Withdraw $64 Million ETH From Exchanges, Bullish Signal?
[ad_1] According to data from Lookonchain, an on-chain analytics platform, Ethereum (ETH), whales have withdrawn roughly $64.2 million worth of ETH from major exchanges. This significant movement of funds coincides with a notable uptick in the price of ETH, indicating an increasing interest in the asset. Ethereum Whales Movement Signals Confidence According to Lookonchain’s findings, […]
Ethereum Whale Buys $187 Million ETH In 3-Day Spree, Anticipating Further Surge
[ad_1] In recent on-chain data from Spot On Chain, an Ethereum whale appears to have engaged in significant accumulation activity, sparking interest and speculation within the ETH community. According to the platform, the whale address in question has purchased a total of 64,501 ETH in the past three days, amounting to roughly $187 million at current […]
Here’s How This Whale Is Taking Advantage Of The ETH Rally
[ad_1] In recent weeks, Ethereum has witnessed a noticeable uptick in its market price, reaching a one-month high and showcasing a growing demand for the asset. Amid this development, the on-chain analytics platform Lookonchain revealed an Ethereum whale’s noteworthy strategy, marking a bold stance on Ethereum’s future trajectory. Strategic Accumulation Amid Rising Prices According to […]
Ethereum Faces Market Tremors As Celsius Offloads $1 Billion in ETH
[ad_1] Ethereum (ETH) is about witnessing a potential sell-off worth $1 billion. This significant transaction is rooted in actions by Celsius, a bankrupt crypto lender. Reports from on-chain analyst Lookonchain indicate that Celsius initiated the transfer of 459,561 ETH, estimated to be worth around $1.014 billion, to various exchanges. The breakdown of this large-scale distribution […]
Analyst Highlights 3 Key Factors Pointing To A Price Boom
[ad_1] Michael van de Poppe, a prominent crypto analyst, recently outlined three key factors that could herald a bullish phase for Ethereum, the second-largest crypto by market capitalization. One crucial factor he identifies is Bitcoin’s current behavior. The analyst pointed out that as the market leader, Bitcoin’s recent signs of bottoming out tend to precede […]