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Month: October 2023

cryptocurrency October 26, 2023

Advertisements Metrics revealed that investors were still buying Ethereum. Its MVRV Ratio was up, suggesting that ETH’s price might go up soon.  Ethereum [ETH] astonished investors with its latest bull rally that allowed it to surpass the $18,000 mark. In fact, during that period, ETH’s supply on exchanges hit a historic low level. However, the […]

cryptocurrency October 25, 2023

Advertisements Ethereum whales have accumulated over $70 million in the last three days. ETH has added almost 10% to its price in the last 48 hours. In recent days, a group of whales has made substantial investments and displayed optimistic indicators. These whales have been moving their Ethereum [ETH] holdings out of storage and opening […]

cryptocurrency October 24, 2023

Ethereum (ETH) is poised for a significant breakthrough as it inches closer to the critical psychological barrier of $2,000, mirroring the bullish sentiment sweeping through the cryptocurrency market, largely led by Bitcoin (BTC). Advertisements Market analysts are optimistic about Ethereum’s potential breakout before October ends, with buy orders anticipated to fuel a substantial 12.25% surge, […]

cryptocurrency October 24, 2023

Advertisements Grayscale’s ETHE trust is currently traded over-the-counter, which limits its accessibility. The final decision will likely take several months. The US Securities and Exchange Commission (SEC) has confirmed the receipt of Grayscale Investments’ application to convert its Grayscale Ethereum Trust (ETHE) into a spot Ethereum exchange-traded fund (ETF). This could potentially open up Ethereum […]

cryptocurrency October 23, 2023

Advertisements Ethereum’s TVL recently dipped to a 12-month low. At press time, Tron seemed like a worthy contender to overthrow Ethereum. Is Ethereum [ETH] still the king of PoW networks? The answer might not be as straightforward as one might expect. Perhaps with a “yes, but…” and for good reason. Let’s explore why. Is your […]

cryptocurrency October 22, 2023

Advertisements Ethereum surged over $1,600 after reports of a new spot ETF application emerged Many traders have since taken long ETH positions As the week neared its end, another Ethereum spot exchange-traded fund (ETF) announcement emerged. This begs the question – Did Ethereum respond in a manner reminiscent of Bitcoin’s reactions to ETF updates in […]

cryptocurrency October 21, 2023

Ethereum (ETH) has so far relatively underperformed in comparison to the flagship cryptocurrency Bitcoin. However, that could change soon enough as a crypto analyst has predicted the second-largest crypto token by market to gain some momentum soon enough.  Advertisements Ethereum To Hit $1900 In a post shared on his X (formerly Twitter) platform, prominent crypto […]

cryptocurrency October 21, 2023

Advertisements Bitcoin and Ethereum recorded significant outflows over the last 7 days While BTC noted a positive 30-day MVRV, ETH’s was negative Bitcoin and Ethereum embarked on an action-packed journey over the past week, as indicated by a recently observed metric. Nevertheless, investors in the top two cryptocurrency giants saw divergent outcomes in terms of […]

cryptocurrency October 21, 2023

The Ethereum initial coin offering (ICO), which took place in 2014, represents one of the most significant events in the history of cryptocurrency. As the network had not begun generating tokens autonomously, the ICO event allowed early investors and enthusiasts to accumulate ETH, currently the second-largest cryptocurrency by market cap. Advertisements Latest on-chain data shows […]

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