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cryptocurrency December 22, 2023

Advertisements ETH accumulation has been increasing, suggesting a move toward $2,500. Market participants are not convinced that the coin is about to jump. According to AMBCrypto’s evaluation of Santiment, active addresses on the Ethereum [ETH] blockchain have been rising. As of 18th December, the 24-hour active addresses was 395,000. But at press time, the metric […]

cryptocurrency December 20, 2023

Advertisements The transferred stash was worth more than a million at press time. Buterin’s earlier claims of transfers being related to charity started doing the rounds. Ethereum [ETH] co-founder Vitalik Buterin moved 500 ETH, worth $1.08 million as of this writing, to crypto exchange Coinbase, fueling speculations in the crypto community about the intention of […]

cryptocurrency December 18, 2023

Advertisements BTC dropped to $41,158 while ETH sank below $2,200 during the weekend. The market was expected to go sideways until the year-end. Crypto trading activity cooled off in the last non-holiday weekend of the year, the first possible sign that the peak of 2023 may have been achieved and that the market will remain […]

cryptocurrency December 15, 2023

Advertisements The last month has seen resurging activity in Ethereum’s Proof-of-Work network. This has been due to the general market rally. The EthereumPoW [ETHW] network has witnessed a significant upsurge in activity due to the recent market rally, on-chain data has revealed. This comes after an extended period of decline, during which demand for the […]

cryptocurrency December 13, 2023

Advertisements A key indicator seemed to suggest that ETH might fall to $2,150 before a bull run While Ethereum’s social metrics dropped, a few market indicators were bearish  Ethereum’s [ETH] price recently fell victim to a price correction like the rest of the crypto-market. Ahead of the said episode, a key ETH indicator flashed a […]

cryptocurrency December 12, 2023

Advertisements Ethereum’s net supply has been shrinking at an annual rate of 0.248% Projections highlighted interesting observations for Ethereum’s supply More than 307,000 Ethereum [ETH] coins have exited circulation since the pivotal ‘Merge’ event. In fact, this was the lowest volume of ETH in circulation since the network made a historic shift from the proof-of-work […]

cryptocurrency November 11, 2023

Advertisements BTC and ETH climbed over the $36,000 and $2,000 price range, respectively. BTC and ETH positions liquidation lead crypto market liquidations. On 9th November, Bitcoin [BTC] and Ethereum [ETH] underwent significant price movements, propelling them into new price ranges. Consequently, the market witnessed a substantial increase in liquidations, accompanied by notable shifts in other […]

cryptocurrency November 8, 2023

Advertisements The Solana to Ethereum ratio returned to its level prior to FTX’s collapse in 2022. Despite the sideways market movement, coin accumulation continued to thrive. The Solana [SOL] to Ethereum [ETH] ratio has rallied steadily since September and has returned to its level prior to the collapse of crypto exchange FTX in November 2022, […]

cryptocurrency October 29, 2023

Advertisements The potential of Ethereum’s ETF approval has grown steadily. Short term holders outnumbered long term holders as ETH’s MVRV ratio rose. Ethereum’s [ETH] connection with the recent Bitcoin [BTC] ETF developments sparked interest and anticipation in the crypto sphere. While Ethereum already experienced positive effects from Bitcoin’s ETF journey, there’s a growing sense that […]

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 […]