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Year: 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 […]

cryptocurrency August 24, 2024

In a new development that is creating ripples in the cryptocurrency space, Whale Alert, one of the top blockchain trackers, has detected two huge Ethereum (ETH) transfers heading to Coinbase. Advertisements Each transfer involved 150,000 ETH, totaling a staggering 300,000 ETH at nearly $395 million. These transactions were carried out consecutively. Related Reading Ethereum: Market […]

cryptocurrency August 24, 2024

Galaxy research noted that since Dencun, transactions on Ethereum layer 2s have more than doubled, likely because of bots. The Ethereum mainnet has also seen a notable decline in total revenue and ETH burned.  The Ethereum [ETH] Dencun upgrade went live in March this year. While it had the desired effect of making layer 2s […]

cryptocurrency August 23, 2024

Key Takeaways The DeFiant Ones DeFi platform was announced by Donald Trump Jr. to overhaul traditional financial systems. Over 42,000 subscribers joined the official Telegram group for updates on the Trump DeFi project. Share this article Advertisements Advertisements Donald Trump Jr. has revealed plans for a new cryptocurrency project that aims to operate outside traditional […]

cryptocurrency August 23, 2024

The crypto community has been abuzz with news of a significant move by an Ethereum (ETH) whale. This whale, known for making strategic and profitable investments, has gone all in on a new and promising cryptocurrency: Mpeppe (MPEPE), currently priced at just 0.001777. Advertisements Why Is This ETH Whale Betting Big on Mpeppe? This move […]

cryptocurrency August 23, 2024

The cryptocurrency space is abuzz with excitement as the Ethereum ICO has gained significant traction, with Stage 3 hitting a remarkable 76% completion. This development underscores the growing interest and confidence in Ethereum (ETH) as a leading blockchain platform, particularly as it continues to solidify its position within the global financial ecosystem. With recent news […]