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 […]
Recovery Questionable? Ethereum Faces Potential Slide Towards $2,000
[ad_1] Ethereum, the linchpin of the decentralized application ecosystem, finds itself navigating a precarious path this week. The cryptocurrency’s value, having breached the pivotal $2,250 support level, now teeters on the edge of a decisive crossroads, caught between the prospect of a resurgence and the looming threat of a more pronounced downturn. Analyzing the technical […]
Ethereum Whale Transfers Across Exchanges And DeFi, What Is Going On?
[ad_1] An Ethereum (ETH) whale has recently executed a series of transactions, carrying out a considerable movement of funds across various platforms. The blockchain analytics platform Spot On Chain initially brought to light this activity, involving roughly $46.02 million in ETH tokens. Deciphering The Whale’s $46M ETH Transfer Across Major Platforms The whale, operating through […]
$INJ Unlocked $139M in Tokens Amidst Market Crash; Presale Buyers Eye $GFOX as Market Tumbles
[ad_1] Altcoins are showing great signs of life. Now that Bitcoin’s ($BTC) moment in the spotlight has ended and the Ethereum ($ETH) rally is taking shape (despite the current market retracement), it is only a matter of time before altcoins start to make those famous daily double-digit gains. But not all altcoins are created equal, […]
$35 Million Sell-Off Sends ETH Price Crashing
[ad_1] Celsius Networks, currently undergoing bankruptcy proceedings, has engaged in significant Ethereum transactions that are causing ripples within the digital currency landscape. In the past 10 hours, on-chain analysts at LookonChain detected noteworthy transfers, including a 13,000 ETH deposit ($30 million) on Coinbase and an additional 2,200 ETH ($5 million) on FalconX. These transactions suggest […]
Analyst Warns Of Steep Drop To $2,000
[ad_1] Since Ethereum (ETH) peaked at $2,717 in the last two weeks, the asset has experienced a gradual decline, culminating in its arrival at a key demand zone, which could be instrumental in determining its imminent price trajectory, according to a prominent crypto analyst. Critical Support Zone Flags Continuous Bearish Move Renowned crypto analyst Ali […]
Here Are The Most Bullish Predictions For ETH Price As Ethereum Dominance Rises Against Bitcoin
[ad_1] The sentiments around Ethereum look to be very bullish at the moment as the second-largest crypto token by market cap has seen its dominance surge against Bitcoin. Ethereum’s rise against the flagship crypto token is also significant, as crypto analyst Jaydee recently suggested that it could usher in the altcoin season. Bullish Predictions For […]
Bitcoin Backs Down: Ethereum Market Dominance Soars
[ad_1] Amidst the lull in the realm of Bitcoin, Ethereum emerges as a trailblazer, confidently charting its course. While the crypto king takes a breather following its ETF approval, Ethereum, undeterred, is experiencing a surge in both price and dominance, propelled by an influx of new users and the prevailing trend of self-custody. Recent data […]
Ethereum Name Service Steals The Show: ENS Leaps 70%
[ad_1] As of this writing, ENS is trading for $24.6,3 down nearly 4% in the last 24 hours, data from Coingecko shows. The project has a market capitalization of $761 million, with a 31 million ENS supply in circulation. Ethereum Name Service: From Frozen Depths To Soaring Heights Just months ago, ENS lay buried under […]