Posts

Showing posts with the label eth

Ethereum Demand Spikes As Whales Add 260K ETH In 24 Hours

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

ETH Price in 2025: The Bullish Price Ceiling Might Surprise You

Image
Ethereum (ETH) is one of the most sought-after cryptocurrency tokens, one that is part of a heavy speculative regimen. The token is now noticing a few major price surges, as Bitcoin topped the $100K price mark in a major price feat recently. The second-largest cryptocurrency is also making noteworthy moves, with analysts and technical markers predicting a new price ceiling for the token, the one that is projecting an incredibly bullish stance for the token in 2025. Also Read: Fidelity Outlines Why Ethereum Has an Edge Over Solana Ethereum 2025 Outlook Explained Source: Watcher Guru Ethereum is currently sitting at $2800, as markets continue to favor the altcoins, with Bitcoin exploring above $100K price points. ETH is now inching towards $3000, which, if manifested, could be a major feat for the token considering its slow price pace till now. Ethereum is up primarily due to its recent golden cross patterns, which are supporting bullish hues underneath all the market noise. Similarly, T...

Trader loses $2 million in 2 days selling crypto that soared 60% in a month

Image
A cryptocurrency whale has realized a $2 million loss, despite holding Ethereum (ETH), one of the top-performing assets over the past month. The unidentified trader offloaded 10,543 ETH worth approximately $26.1 million at an average price of $2,476 per coin, resulting in a $2 million loss in a sale executed in two days, according to the latest on-chain data retrieved by Finbold from Lookonchain on May 17.  Details of the transaction show that the ETH was sold through a series of large swaps, most of which occurred within an hour.  The trader used 1inch, a decentralized exchange aggregator, and multiple contract interactions to convert wrapped ETH (WETH) into stablecoins like USDC and USDT. ETH whale transaction. Source: Lookonchain This selloff coincided with a slight downturn in the broader cryptocurrency market, during which Ethereum also saw short-term losses.  Rather than holding through the dip, the whale opted to exit the position, despite ...

Latest Market Overview 21st Apr: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK

Image
The Bitcoin market recent surge suggests a potential climb towards $95,000, hinting that it may have already found a solid bottom. On 21 April, the US Dollar Index (DXY) dropped below the 98 mark, reaching its lowest point in three years. This sharp decline helped propel gold to a new record high, while Bitcoin also gained momentum, breaking past the $88,000 threshold. Arthur Hayes, co-founder of BitMEX and chief investment officer at Maelstrom, has suggested that this might be the final opportunity to purchase Bitcoin for under $100,000. Hayes anticipates that the Federal Reserve could introduce US Treasury buybacks, which he believes would significantly boost Bitcoin’s upward movement. Daily cryptocurrency market performance. Source:  Coin360 The whales seem ready for the move higher, as they have been accumulating in March and April. According to Glassnode data, the number of wallets holding more than 1,000 Bitcoin increased from 2,037 in late February to...

The most important XRP price driver right now

Image
Though hardly spared by the most recent cryptocurrency market downturn, XRP has remained stronger than most other prominent cryptocurrencies. While both Bitcoin (BTC) and Ethereum (ETH) have collapsed to lows not seen since Donald Trump’s re-election, XRP remains 325% above its November 1 prices despite falling to $2.16. XRP one-week price chart. Source: Finbold Such relative calm can, most likely, be attributed to an external factor that has been bearing heavily on the token’s performance across multiple years: the legal battle between the SEC and Ripple Labs. Picks for you Is BlackRock dumping Bitcoin? 38 mins ago Pam Bondi’s net worth revealed: How rich is the 87th US Attorney General? 43 mins ago ...

Can Ethereum (ETH) Claim $3,000 In March 2025?

Image
The second largest cryptocurrency, Ethereum (ETH), was seen making headlines. Sadly, the reason behind this wasn’t very good. Prominent cryptocurrency exchange Bybit was hit with a massive theft of $1.5 billion in Ethereum. Amidst this hack, the price of the altcoin was seen plummeting. February has been a challenging month for the asset as it dipped below $3,000. The community is hoping that ETH could witness a change in trend and move beyond $3,000 in March 2025. Also Read: Dolce & Gabbana’s $1 Million Digital Suit Now Fractionalized—Own a Slice of High Fashion How Far Is Ethereum From The $3,000 Level? Source; Watcher Guru Ethereum recorded a massive dip of 17.77% throughout the month of February. The asset went from trading at a high of $3,437.57 down to a low of $2,159.28. At the time of writing, ETH was priced at $2,700.54, following a nearly 4% drop in its price over the past 24 hours. Source: CoinMarketCap Also Read: AI Predicts Ripple (XRP) Price For March 1st 2025 In ord...

CHART: Restaking assets down 33% in two months

This summer, crypto restaking protocols were rallying to new heights. Almost without exception, these leveraged plays on the native yield of proof-of-stake blockchains like Ethereum and Solana were attracting all-time high capital inflows. As of June 5, their total value locked (TVL) — a convenient albeit incomplete metric for judging the size of crypto protocols — had crested $21 billion. Protos has created a chart illustrating the breakdown of this TVL — click here to view . However, as of publication time, the assets in those protocols had declined by one-third to $14 billion. As investors return from summer vacation, university classes restart, and capital allocators reassess their portfolios with sober professionalism, the world has decided to take some risk off the table at the start of the third quarter. Declines in these USD values are influenced by general declines in ETH, SOL, and other restaking assets. Since June 5, the crypto market has shed 26% of i...

Analyst says ETH could spike to $3,100 if key resistance breaks

Ethereum is looking to break above a key resistance level at $2,150. Crypto analyst Michael van de Poppe says ETH price could jump to between $3,100  and $3,600 if a breakout happens. Catalyst for the market include a spot Bitcoin ETF approval and developments on Ether spot ETF applications. Ethereum (ETH) traded to highs of $2,136 last week, before giving up some of the gains over the weekend to touch $2,016. The top altcoin has however seen an uptick on Monday, rising to change hands around $2,120 as buyers looked for a first green candle in three days. Various market observers see a potential approval for a spot Bitcoin ETF as a catalyst that could catapult both BTC and ETH . While many experts opine that the most likely period for approval is early January, there’s a window for the SEC to greenlight the first spot Bitcoin ETF for the US market.  This window is open until November 17. Reminder: There is currently a window open this wee...

Ether could eventually be worth $35,000: Standard Chartered

Analyst Geoff Kendrick explains his super bullish view on Ether. He expects Ethereum to reclaim its dominance in smart contracts. Kendrick also sees new uses cases as catalyst for price appreciation. Ether has been in a downtrend over the past three months but a Standard Chartered analyst remains super bullish on the cryptocurrency. The bull case for Ether Geoff Kendrick expects Ether to hit $8,000 by the end of 2026 that translates to a whopping 5x growth in about three years. The analyst is convinced that Ethereum will reclaim its dominance in smart contracts. New use cases, he added in a research note this morning, will also help drive its price up moving forward. Layer 2 scaling solutions … are likely to grow in importance over time. This should help in … increasing its [EHT’s] P/E ratio over the next couple of years. Earlier this month, Grayscale filed with the Securities & Exchange Commission to convert its Ethereum trust ...

Ethereum Price Make Or Break Moment Is Here With $2,055-Bound Breakout in the Offing

Image
Bitcoin, on the other hand, is up 1.1% to $30,500. As reported, investors are looking forward to the release of the US CPI data – which analysts believe may shape the market for the next few weeks. Ethereum Price Awaits Rectangle Pattern Breakout Ethereum has, since June 20, stayed within the confines of a rectangle pattern, which, if validated, may culminate in a breakout to $2,055. The bullish rectangle pattern, as shown on the four-hour chart, reveals a pause in an uptrend before Ethereum price resumes its upward movement. This crucial pattern occurs when the price of an asset like ETH moves sideways between two parallel horizontal lines, forming a rectangle shape. Traders look out for the pattern’s confirmation after the price breaks above the upper resistance line, signaling that the buyers have regained control and the uptrend is likely to continue. The bullish rectangle pattern to helps to identify potential entry points for their long positions or exit points for their ...