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cryptocurrency September 20, 2024

Ethereum’s large transaction surge by 13%, hinting at a looming price action. Over 547,600 ETH worth $1.26 billion hit exchanges, stirring market excitement. In the past three weeks, a total of 547,600 Ethereum [ETH], valued at more than $1.26 billion has been transferred onto cryptocurrency exchanges, according to a renown analyst tweet. Advertisements This significant […]

cryptocurrency September 19, 2024

ETH’s underperformance has dropped to a multi-year low.  Bitwise’s executive remains confident about ETH’s price reversal. Ethereum’s [ETH] relative valuation to Bitcoin [BTC] elicited market concerns earlier this week, as the ETH/BTC pair broke below 0.04 for the first time in nearly four years. Advertisements The pair tracks ETH’s valuation relative to BTC, and its […]

cryptocurrency September 18, 2024

ETH saw its lowest Funding Rate of the year. ETH is trading around the $2,300 price level. Ethereum [ETH] has seen a notable decline in its derivative market, signaling a potential shift in market sentiment. Advertisements However, interpreting this decline can lead to different conclusions depending on how other factors, such as the spot volume, […]

cryptocurrency September 17, 2024

ETH has declined by over 4% in the last 24 hours. A further decline could trigger panic sales from some holders.  Ethereum[ETH] has experienced a notable decline in the last 24 hours, erasing much of the gains accumulated over the past week. Data indicates that Ethereum has been under significant selling pressure, which could lead […]

cryptocurrency September 16, 2024

ETH has declined by 7.95% over the last 30 days. Despite the unfavorable market conditions an analyst is eyeing 48% surge to $3,550. While the crypto market has attempted to recover with Bitcoin [BTC] surpassing $60k levels, Ethereum [ETH] has remained behind. ETH, the second largest cryptocurrency by market cap, has experienced a strong downtrend. […]

cryptocurrency September 15, 2024

Ethereum ETF saw an outflow of over $20 million. ETH has lost most of its gains from the previous trading session. Recent data revealed that the Ethereum ETF experienced a negative flow in the last trading session, marking the second consecutive day of outflows. Advertisements This occurred despite Ethereum’s [ETH] price showing a positive close, […]

cryptocurrency September 13, 2024

Vitalik Buterin’s deposit of 2.27M USDC and 2,851 ETH highlighted confidence in Aave On-chain metrics revealed bullish large transactions, network growth, and neutral momentum for the token Ethereum Co-founder Vitalik Buterin has made waves in the DeFi space with a recent deposit of 2.27 million USDC and 2,851 ETH (approximately $6.73 million) into the Aave […]

cryptocurrency September 12, 2024

Vitalik Buterin has vowed that this week’s ETH sale was the last.  ETH’s sentiment declined amid sell-offs from Buterin and the Ethereum Foundation.  Ethereum[ETH] founder Vitalik Buterin has assured the community that this week’s ETH sell-off was the last. Advertisements Amid renewed criticism after selling another $441K worth of ETH on Thursday,12th September, Buterin said […]

cryptocurrency September 11, 2024

Spot Ethereum ETFs recorded $11.4M in inflows for the first time in nearly three weeks. This comes as outflows from exchanges increased significantly, relieving the near-term selling pressure. Spot Ethereum [ETH] exchange-traded funds (ETFs) recorded $11.4 million inflows on 10th September per SoSoValue data. This was the first time in nearly three weeks that the […]