Ethereum has been struggling lately, just like most other cryptocurrencies. Prices have been dropping since early August, even though there were some brief rallies. Holding the Line The good news is that buyers have been able to keep Ethereum above $2,500, despite the selling pressure. One analyst believes this is crucial for the price to…
Ethereum is stuck in a rut, with prices hovering between $2,100 and $2,800. While some hope for a breakout, there are some worrying signs. Whales Dumping Their Holdings Big players, known as whales, who own at least 10,000 ETH, have been selling off their coins for the past month. This suggests they might not be…
Ethereum (ETH) seems to be recovering after the recent market crash. Several metrics suggest that the worst is over and ETH is poised for a strong comeback. The Bottom is In? On-chain data from Glassnode shows that Ethereum’s market value to realized value (MVRV) has reached its lowest point. This suggests that the price is…
The crypto world is buzzing about a big upgrade coming to Ethereum, called Pectra. This upgrade is set to happen in early 2025 and some experts think it could be a game-changer for Ethereum’s price. What’s So Special About Pectra? Pectra combines several improvements to Ethereum, making it faster, cheaper, and easier to use. Here’s…
Ethereum, the second biggest cryptocurrency, has been going through a rough patch lately. But could things be changing? Signs of a Bullish Turn An analyst from CryptoQuant believes that Ethereum might be nearing the end of its slump. They’ve been looking at some important on-chain metrics that suggest a potential bullish turn. What are On-Chain…
Ethereum’s transaction fees have plummeted to an all-time low! This means it’s cheaper than ever to use the Ethereum network. But what does this mean for the future of ETH? Why Are Fees So Low? The recent Dencun upgrade is the main reason for the drop in fees. This upgrade introduced a new type of…
The crypto market has been a wild ride lately, and Ethereum (ETH) is no exception. Despite being the second-largest cryptocurrency, ETH has been struggling. Whales Dumping ETH Big investors, known as “whales” who own over 10,000 ETH, have been selling off their tokens for the past month. This mass exodus has pushed ETH’s price down…
Ethereum, the second-largest cryptocurrency, has been on a rollercoaster ride lately. After a big drop in early August, it managed to climb back up a bit. But experts are worried that this climb might not last. The Taker Buy/Sell Ratio: A Signal of Trouble? One analyst, ShayanBTC, is keeping a close eye on a metric…
A big crypto company just moved a lot of Ethereum (ETH) around, and it might mean bad news for the price. What Happened? A company called Metalpha took 10,000 ETH (worth about $26 million) out of a platform called Lido and sent it to Binance, the biggest crypto exchange. This is a big deal because…
Ethereum’s supply is on the rise again, which has some people worried about its price. Unlike Bitcoin and Cardano, which have a fixed supply, Ethereum has an unlimited supply. This means that new Ethereum tokens are constantly being created, which can lead to inflation. The latest data shows that over the past seven days, 16,039…
