Crypto markets spent most of the weekend flat but have taken a dip over the past few hours in the usual Monday morning retreat. All three US stock indices hit new all-time highs on Friday, driven by Fed rate cut optimism and tech sector strength. Market sentiment was also supported by positive vibes from the […]
The entire cryptocurrency market turned red on Monday morning after the relatively calm weekend trading, but the altcoins are leading the pack this time. At the same time, bitcoin has also retreated but in a more modest manner, which has increased its dominance over the market. Cryptocurrency Market Overview. Source: QuantifyCrypto The chart above demonstrates […]
Ethereum (ETH) suffered a fresh decline of 1.5% over the past day as it hovered near $4,520. Despite the sluggish price action, the asset has entered an extraordinary new accumulation phase. In fact, new data show that balances held by Accumulating Addresses have more than doubled in just under four months. ETH Hoarding At Record […]
TL;DR Whale wallets now show unrealized profits equal to 2021 levels, signaling strong market confidence. ETH outflows from exchanges spike as holders move coins to cold storage or staking platforms. September staking inflows drop to 8.4K ETH, cooling sharply after August’s record-high deposits. Whale Profit Levels Return to 2021 Highs Ethereum wallets holding between 10,000 […]
TL;DR Ethereum trades sideways between $4K and $4.9K, with analysts watching key short-term levels closely. Exchange supply ratio falls to record lows, signaling reduced sell pressure compared to earlier market cycles. Binance ETH open interest drops an average 15%, aligning with spot price corrections near 11% recently. Ethereum Price Holds Within Range Ethereum (ETH) is […]
America is coming on-chain, and it is using Ethereum as its ledger, said Ryan Sean Adams from Bankless on Thursday. “In the coming decades, I believe Ethereum could become the root of trust for $100 trillion in American capital markets,” he added. He said that America’s real-world asset tokenization drive could see as much as […]
Solana (SOL) has climbed nearly 30% over the past month and is aiming to reclaim its early 2025 all-time high. The rally adds weight to Bitwise Chief Investment Officer Matt Hougan’s prediction that the crypto asset could be gearing up for an explosive end-of-year rally, as he believes that all the right “ingredients “are falling […]
TL;DR ETH’s recent consolidation might be followed by a major price swing in either direction. Some X analysts compare ETH’s cycle to BTC’s 2020–2021 rally, projecting targets between $8,000 and $10,000 in the coming months. Meanwhile, exchange reserves hit a nine-year low of approximately 17.1 million tokens, signaling reduced sell pressure. The Calm Before the […]
Last week, digital asset investment products shed $352 million, as investors remained cautious despite a supportive backdrop of softer US payrolls and growing expectations for a September rate cut. Alongside, trading volumes tumbled 27% week-over-week, in what appears to be signs of waning short-term interest. Even so, year-to-date inflows climbed $35.2 billion, outpacing last year’s […]
Data from Binance, the largest Ethereum reserve holder among exchanges, revealed that ETH supply on the platform declined while prices remained remarkably stable. Between the second half of August and September 3, the Exchange Supply Ratio (ESR), which measures the proportion of ETH held on exchanges relative to total supply, fell sharply from 0.041 to […]