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Vitalik Buterin’s ENS Address Trades $100K Worth of ETH for Stablecoins Amid Market Uptick
7.3.2024
According to blockchain analytics, the Ethereum Name Service (ENS) domain “vitalik.eth” has engaged in a transaction of $100,000 worth of ether, converting it into an equal amount of stablecoins on the Base blockchain. The address, purportedly belonging to Ethereum’s co-founder...
Ethereum Foundation liquidates $13 million worth of Ethereum
5.3.2024
The Ethereum Foundation has initiated the liquidation of $13.3 million worth of Ethereum (ETH), prompting investors to contemplate the potential ramifications of this action on the price of ETFs. ETH, in terms of market capitalization, is, incidentally, the second most prominent cryptocurrency....
Ethereum Technical Analysis: Bullish Market Sentiment Keeps ETH Above $3,500
4.3.2024
Ethereum’s price experienced a turbulent trading session on March 4, 2024, with significant intraday fluctuations marking the landscape. Despite the short-term volatility, underlying indicators and moving averages suggest a strong bullish trend over the long term. Ethereum The last 24 hours...
Bitcoin NFTs Eclipse Ethereum with $168.5 Million in Weekly Sales
4.3.2024
Bitcoin (BTC) non-fungible token (NFT) sales have outshined Ethereum (ETH) in the past seven days, driven by a sudden surge in Bitcoin Ordinals-based NFT collections.
The post Bitcoin NFTs Eclipse Ethereum with $168.5 Million in Weekly Sales appeared first on Cryptonews
Ethereum Dencun upgrade set to go live on March 13
1.3.2024
1. Introduction to Dencun Upgrade: Ethereum’s roadmap heralds the arrival of “The Surge” era with the Dencun upgrade, which opens the door for layer-two rollups to achieve mass scalability. These updates will increase Ethereum’s usability and accessibility, promoting...
The Uphill Quest — Top Cryptos Face Significant Hurdles to Reclaim Peak Prices
29.2.2024
As of Feb. 29, 2024, at 11:30 a.m. ET, bitcoin’s price stands a mere 9.5% shy of its record high of $69,044 per unit, achieved on Nov. 10, 2021. Below is an examination of several leading cryptocurrencies and their proximity to their historical peaks. The Herculean Task for Some of the...
CryptoQuant: US Institutional Demand Led to ETH Price Surge
27.2.2024
A new market analysis from on-chain analytics firm CryptoQuant shows United States bulls are largely responsible for the increase in the price of Ethereum (ETH).
The post CryptoQuant: US Institutional Demand Led to ETH Price Surge appeared first on Cryptonews
Bitcoin pulls up as Ethereum stalls for a while
27.2.2024
Ethereum has been stalled for a while at the value of $3,261.86. It manages to stick to the current resistance of $3,200. However, it comes at a time when Bitcoin is pulling its value to a higher mark. Currently exchanging hands at $56,562.29, BTC is poised to test the resistance of $60,000 soon....
ETC Group Launches Ethereum-Tracking ETP on Deutsche Börse Xetra
27.2.2024
ETC Group, a prominent provider of digital asset-backed securities, has expanded its cryptocurrency product range by introducing an Ethereum (ETH) staking exchange-traded product (ETP).
The post ETC Group Launches Ethereum-Tracking ETP on Deutsche Börse Xetra appeared first on Cryptonews
Ethereum Technical Analysis: Upper Resistance Tussle Puts Bulls on Pause
26.2.2024
Ethereum’s price movement on Feb. 26, 2024, showcases a strong uptrend despite recent market volatility. With the second leading crypto asset’s price hovering around $3,064, it reflects a significant surge over the past month. At press time, market oscillators and moving averages...
Ethereum Price Prediction as ETH Surpasses $3,000 Resistance – What’s the Next Target?
26.2.2024
The world’s second-biggest cryptocurrency by market capitalization, Ethereum (ETH), is holding the fort above $3,000 after crossing this psychologically important threshold yesterday afternoon, according to data by CoinGecko. Due to its high-functionality contracts, Ethereum is crypto’s...
Ethereum navigating the market amid growing competition
26.2.2024
Grayscale Research sees a bright future for Ethereum; however, it is filled with challenges and is subject to the way in which it navigates its way around the competition. For instance, Solana and Tron are doing better when it comes to daily transactions. But Ethereum grabs the spotlight in terms...
Cardano Price Prediction as ADA Takes a Tumble – Where is the Next ADA Support?
23.2.2024
Cardano (ADA) has shed 3% overnight to trade at $0.5832 as of this writing. The coin’s depreciation is part of a broader market pullback that has shaved 1% off market leader Bitcoin (BTC) and 2% from its closest contender, Ethereum (ETH), in the last 24 hours. Cardano may be dipping this...
Micro-earn your way to ETH: Smart strategies for faucet users
23.2.2024
A crypto faucet is an online platform that dispenses small amounts of free cryptocurrency as a reward for completing simple tasks. Several popular faucets provide an opportunity to micro-earn tiny fractions of ETH (Ethereum native cryptocurrency) over time. Faucets act as a promotional tool...
Investor challenges Ethereum’s valuation amid declining usage and rising alternatives
22.2.2024
Ethereum is inching closer to the milestone of $3,000 as the article is being drafted. It is poised to soon set a new support level of $3,200, probably by the end of this year. However, one crypto investor pointed out that Ether is currently overvalued. Fred Krueger even said that the supporters...
Ethereum Taps $3,000 Barrier Amid ETF Speculation and Upcoming Dencun Upgrade
20.2.2024
The value of ethereum, the crypto market’s second-largest asset by market cap, eclipsed the $3,000 milestone on Tuesday, peaking at $3,014 per unit in the morning trading hours. Over the last week, ether has seen a 13.1% climb against the U.S. dollar, and over the preceding two weeks, it...
Ethereum competing with Bitcoin: A story to watch out for!
20.2.2024
Bitcoin is trading around $52,000 at the time of writing this article. The moment the US SEC approved its Spot ETF applications, the price increased. That cannot be mixed with the fact that the graph had no downfalls. The optimism of BTC holders about its price remains constant, especially with...
Ethereum Likely The Only Spot Crypto ETF To Be Approved After Bitcoin: Bernstein
19.2.2024
Wealth management firm Bernstein suggested Ethereum (ETH) may be the only digital asset after Bitcoin (BTC) to secure a spot ETF.
The post Ethereum Likely The Only Spot Crypto ETF To Be Approved After Bitcoin: Bernstein appeared first on Cryptonews
Ethereum Technical Analysis: ETH Highlights Resilience Across Several Timeframes
19.2.2024
Ethereum started Monday with its price hitting $2,934 per unit, marking a week filled with a strong 14.9% increase. Over the preceding fortnight, the second-leading crypto asset by market cap witnessed a substantial 25.9% upswing. Kicking off this week, ether’s trading volume over the past...
Microstrategy’s Bitcoin Investment Flourishes, Valued at Nearly $10 Billion
16.2.2024
Based on the latest available data, the Nasdaq-traded Microstrategy possesses 190,000 bitcoins, acquired at a cost of $5.96 billion. Presently, the value of the company’s bitcoin holdings has swelled to $9.88 billion. This marks a 66% increase in the firm’s bitcoin portfolio, a stark...