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One of the top cryptocurrencies in the market, Ethereum ($ETH), has seen a huge rise in activity in the market over the past 24 hours. The quantity of active Ethereum addresses increased by 17%, going from 429,000 to 503,000; this means way more users are engaging way more with the network. We might even say … Read more
Bitcoin (BTC) has long held a dominant position in the cryptocurrency market for years. However, recent trends show a shift in the landscape as Bitcoin’s market dominance faces increasing pressure from Ethereum (ETH) and other Layer 1 networks. While Bitcoin’s dominance in terms of market capitalization has been steadily increasing since 2022, when measured by … Read more
Ethereum’s market behavior has been observed by both investors and analysts as the second-largest cryptocurrency navigates a period of market uncertainty. Recent data concerning Ethereum’s cost basis distribution provides valuable insight into what could be potential support and resistance levels, helping to shape the price movement in the short term. By analyzing in detail the … Read more
In the atmosphere of cryptocurrency, few occurrences are as revealing as large-scale token outflows, especially when they involve a hefty sum of Ether (ETH) getting taken out of circulation. In the last several days, more than 400,000 ETH have been withdrawn from the Kraken exchange. This is stoking a lot of new conjectures among analysts, … Read more
The cryptocurrency market has seen some stirring developments with Ethereum of late. Over the last couple of weeks, there have been transfers of over 610,000 ETH tokens to various trading platforms. That influx of tokens has caused some to wonder if we’re on the verge of a significant price movement for Ethereum—and what kind of … Read more
Twenty-five thousand enthusiastic fans from all over the world converged on the Mile High City last week, but murmurings of a leadership vacuum at the Ethereum Foundation persisted. Breaking Down ETH Denver: The Good, The Bad, and The Weird Even before flying into Denver, Colorado last Wednesday, I fully expected the fractured morale in the … Read more
This week, the cryptocurrency market took a drastic downturn, with substantial declines in the prices of Bitcoin (BTC) and Ethereum (ETH), along with some major happenings that affected the wider ecosystem. The total market cap tumbled down 13.2%, landing at $2.917 trillion. The market leader, Bitcoin, didn’t fare too well either, as its value dropped … Read more
The current Ethereum market is characterizing itself by amounts of volatility that one hasn’t been able to witness since the summer of last year. It appears that bullish whales have started retreating—some, apparently, selling off their Ethereum totals in staggering halves—while the mostly bearish subsets of sophisticated traders and retail investors have been roughing up … Read more
One of the leading cryptocurrencies, Ethereum ($ETH), has been facing a turbulent February; it could be on the verge of seeing its worst month on record. The price is already down 23% as of late February, and signs are indicating a sharp downturn that goes against the strong, positive performance the cryptocurrency has typically seen … Read more
For a long time, Ethereum (ETH) has been viewed as one of the most potentially profitable blockchain platforms in the cryptocurrency sector. Recent developments, however, suggest that its future might be even more favorable in 2025. The market has faced some bumps in the road lately, including the hack of one exchange platform, Bybit. Yet … Read more
