Tag: ethereum

Ethereum Layer 2 Networks Just Set A New Record

[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 by processing transactions off-chain before sending data back to the main blockchain.  According to data […]

Do They Know Something You Don’t?

[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, the largest non-exchange Ethereum wallets have continued to show some rapid accumulation recently. The relevant […]

Celsius to unstake $470M Ethereum amid restructuring efforts, raising market concerns

[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 the planned “significant” unstaking event will occur in the next few days and further revealed […]

$3,830 & $5,100 Next Major Ethereum Targets According To This Model

[ad_1] An analyst has explained that $3,830 and $5,100 could be the next major targets for Ethereum based on an on-chain pricing model. Ethereum MVRV Pricing Bands Have Next Targets At $3,830 And $5,100 In a new post on X, analyst Ali talked about the next key targets for Ethereum based on the “MVRV Pricing […]

Ethereum “Set For Further Gains,” Analyst Puts This Target

[ad_1] An analyst has explained that Ethereum could be set to see a further rally based on on-chain data. Here’s the level ETH may end up surpassing. Ethereum Has No Significant On-Chain Resistance Ahead In a new post on X, analyst Ali has discussed how Ethereum’s support and resistance levels are looking like based on […]

Vitalik Buterin outlines new Ethereum PoS strategy for post-Shanghai era

[ad_1] In a detailed blog post dated Dec. 27, Ethereum founder Vitalik Buterin outlined a significant shift in Ethereum’s approach to Proof-of-Stake (PoS) validation following its Shanghai upgrade. Ethereum currently supports many validators, with approximately 895,000 validator objects enabling a broad individual and entity participation base. This is a key feature of Ethereum’s decentralized structure. […]

Analyst Predicts Surge To Near $4,000 Levels By Early 2024

[ad_1] Renowned crypto analyst Michael van de Poppe has recently shared his insights on Ethereum potential trajectory, projecting an upward trend despite temporary pullbacks. His analysis points toward a significant rise in Ethereum’s value, suggesting a bullish market as we move into 2024. According to Van de Poppe, Ethereum’s current market movements indicate an enduring […]

Forget High Gas Fee Challenges, Ethereum Remains Bullish: Time To Buy More?

[ad_1] Despite concerns over network congestion and high gas fees, Ethereum remains bullish in the long term, according to borovik.eth–a partner at Rollbit, who posted on X on December 26. The key factors driving the positive outlook are pointing to Ethereum’s developer ecosystem, its role in the broader blockchain ecosystem, and the launch of numerous Layer-2 […]

Ethereum Bearish Falling Wedge Pattern Appears, How Low Can Price Go?

[ad_1] Ethereum has followed the general trend of Bitcoin over the last few weeks and when the asset dipped from its 2023 peak, so did the price of ETH. Following this decline in price, a worrying pattern has appeared on the ETH chart known as a falling wedge pattern. This was brought to light by crypto […]