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 […]
Ethereum Futures Market Cool Off Sets Stage For ETH To Rally: Quant
[ad_1] An analyst has explained that the latest cooldown in the Ethereum futures market could suggest there is potential for a price rise to resume for ETH. Ethereum Funding Rates Have Seen A Decline Recently An analyst in a CryptoQuant Quicktake post explained that the ETH funding rates have seen a cooldown from their previously […]
Ethereum Foundation heaps pressure on market with $1.68 million in ETH sales
[ad_1] The Ethereum Foundation, a non-profit organization dedicated to the blockchain network’s ecosystem, liquidated $1.6 million worth of ETH, according to crypto analytical firm Arkham Intelligence. Data from the platform reveals that the foundation utilized the CoW Protocol to sell 700 ETH, acquiring $1.6 million in DAI stablecoin. Subsequently, the funds were transferred to an […]
Ethereum outpaces Bitcoin post-ETF launch as ETH/BTC ratio skyrockets
[ad_1] While the launch of spot Bitcoin ETFs in the U.S. put Bitcoin under the spotlight, focusing solely on its price movements provides an overly simplified, shallow representation of the market. It’s important to analyze Bitcoin in the context of other assets — both crypto and traditional. Bitcoin’s relationship with Ethereum has always been meaningful. […]
Developer Hails ETH Burning, Will Ethereum Break $3,000?
[ad_1] Péter Szilágyi, an Ethereum (ETH) developer, has lauded EIP-1559 and its ETH burning mechanism as “the great equalizer.” Taking to X on January 16, Szilágyi admired EIP-1559’s ability to “level the playing field between validators and regular users.” Developer: EIP-1559 Is A “Great Equalizer” Since the implementation of EIP-1559, Ethereum adjusted how users bid gas […]
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 Trouncing Bitcoin, ETH/BTC Ratio Bouncing Higher: Will This Trend Continue?
[ad_1] Amidst a volatile crypto market, Ethereum (ETH) is gaining momentum, outperforming its long-time rival Bitcoin (BTC). According to Kaiko data, the ETH/BTC ratio has steadily risen, rebounding from multi-year lows. ETHBTC ratio trend | Source: Kaiko on X ETH/BTC Ratio Rising, ETH Momentum Building The ETH/BTC ratio technically gauges market sentiment towards these two leading […]
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 […]
Ethereum Bloodbath Incoming? Celsius’ $125 Million Move Threatens ETH Price
[ad_1] The Ethereum price might be doing well post-spot Bitcoin ETF launch, but recent moves by Celsius threaten to destabilize the price movement. The now-bankrupt crypto lender seems to have begun its reimbursement plan to its creditors, as on-chain data reveal the movement of its ETH holdings to crypto exchanges. According to crypto market intelligence […]