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Day: August 25, 2024

cryptocurrency August 25, 2024

The on-chain metrics showed bulls were eager to go long. The age consumed metric signaled caution while other metrics showed. The taker buy/sell ratio shot skyward for Ethereum [ETH] over the past couple of days. This metric tracks the taker buy volume to sell volume ratio. Values below 1 indicate bearish sentiment. Advertisements Advertisements Source: […]

cryptocurrency August 25, 2024

As Ethereum (ETH) continues its steady march towards the $3,000 mark, investors are becoming increasingly bullish on the second-largest cryptocurrency by market capitalization. With Ethereum (ETH) currently trading between $2,600 and $2,700, analysts like Michael van de Poppe are predicting a breakout that could quickly push ETH to $3,100, with even loftier goals in sight. […]

cryptocurrency August 25, 2024

The Ethereum Foundation is under fire for transferring 35,000 ETH, worth about $100 million, to the Kraken exchange without informing the community. On August 23, on-chain analytics firm Lookonchain reported the transaction, sparking widespread concern. Advertisements In response, Aya Miyaguchi, the Executive Director of the Ethereum Foundation, clarified that the transfer aligns with the Foundation’s […]

cryptocurrency August 25, 2024

Ethereum formed similar structures on the price charts at similar times ETH set to close the gap created after falling below the critical support band Ethereum’s [ETH] recent price recovery from the $2,100-level has sparked speculation that it may replicate its 2016 and 2019 successes in 2024. Advertisements With Ethereum (ETH) poised to close a […]