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News 1

cryptocurrency February 21, 2024

Advertisements If Bitcoin dominance falls, ETH and ADA might lead the altcoin rally. The broader market was bullish on both cryptocurrencies. Despite the price hike experienced lately, crypto analyst Dan Gambardello said Ethereum [ETH] and Cardano [ADA] have not made big moves to confirm the much-anticipated altcoin season. Gambardello mentioned this in a YouTube session […]

cryptocurrency February 20, 2024

Advertisements The supply held by non-exchange whale addresses increased significantly in February. The accumulation frenzy could be because of the rapidly rising MVRV Ratio. Ethereum [ETH] broke past $2,900 in the last few hours of trading as positive momentum for the second-largest cryptocurrency persisted over the weekend. The digital asset was trading at $2,907 at […]

cryptocurrency February 19, 2024

Advertisements Arbitrum’s weekly derivatives transaction volume reached an all-time high in the last week. ARB’s value increased in the last month, but investors’ profits continued to drop. The weekly transaction volume of the derivatives protocols housed within leading Layer 2 network (L2) Arbitrum [ARB] climbed to an all-time high of $18 billion in the last […]

cryptocurrency February 18, 2024

Advertisements Ethereum showed strong bullish sentiment on the price charts. A retest of the range highs would provide an ideal buying opportunity. Ethereum [ETH] saw a minor pullback from $2867 to $2719 from the 15th to the 17th of February. This came after the strong breakout past the range highs at $2.6k, a level that […]

cryptocurrency February 17, 2024

Advertisements Gas price paid per transaction bounced to levels last seen during the memecoin frenzy of May 2023. ETH witnessed a minor retracement in the last 24 hours, dropping below $2,800. Transaction costs on Ethereum [ETH] rose to a 9-month high, spurred largely by the hype in the experimental token standard ERC-404. Users make a […]

cryptocurrency February 16, 2024

Advertisements The unique active addresses metric was yet to break out of a two-year downtrend. Analysis of the liquidation levels showed ETH bulls could be in for a surprise. Ethereum [ETH] has traded within a range since mid-December. This range extended from $2116 to $2614, and its mid-point at $2365 has served as a significant […]

cryptocurrency February 15, 2024

Advertisements Jeffrey Wilcke made another transfer of 10,000 ETH. ETH’s volume went over $25 billion. During the previous week, there were signs indicating that the co-founder of Ethereum [ETH], Jeffrey Wilcke, had transferred some ETH to an exchange. But on the 14th of February, Arkham Intelligence’s data revealed another significant transaction of 10,000 ETH, amounting […]

cryptocurrency February 14, 2024

Advertisements ETH’s staked supply has more than doubled since the Shapella upgrade.  The number of validators looking to enter the network jumped to a 4-month-high. Ethereum [ETH] staking got a big boost with the launch of Shapella Upgrade last year, and since then, there’s been no looking back. According to on-chain research firm IntoTheBlock, Ethereum’s […]

cryptocurrency February 13, 2024

Advertisements The firm, which manages assets worth around $1.5 trillion, filed for a spot Ethereum ETF. If ETH staking, revenue, and TVL continue to increase, the price might hit $3,500 soon. Franklin Templeton, one of the world’s largest asset management firms, has joined the race for an Ethereum [ETH] spot ETF. The move means Franklin […]

cryptocurrency February 12, 2024

Advertisements Ethereum’s fees jumped 270% between the 5th and the 9th of February. ETH rose over 9% in the last week in USD terms. The blockchain ecosystem has seen a meteoric rise in recent years, with the entry of several new projects and advancements of the existing ones. However, amidst all these developments, the status […]