ETH has gained 16.7% in the past seven days and over 8% in the past 24 hours alone. This comes amid a heated rally in the broader cryptocurrency market where BTC’s price just reached a new all-time high above $118,000. Ironically, some warning signs are starting to pop already. According to popular on-chain monitoring resource Lookonchain, a […]
Ethereum has made a rare move north today, adding 7% in under 24 hours to reach $2,787 during early trading in Asia on Thursday morning. The four-week high is the highest the asset has traded since June 12, when it reached $2,870. However, heavy resistance lies at this level, and Ether has not traded above $3,000 […]
“Stablecoins are spreading the dollar faster than any financial tech in history,” said Electric Capital General Partner Maria Shen on Tuesday. “Ethereum is becoming the financial backbone,” she added, referencing a newly published research report on stablecoin demand for Ethereum’s tenth birthday. For the first time, anyone across the globe can hold US dollars via […]
TL;DR Four of the most utilized AI chatbots speculate on which one of the two largest altcoins will be the first to reach a significant round-numbered target of $10 for XRP and $10,000 for ETH. Although they acknowledged that it was a challenging prediction to make given their speculative nature, all four backed the same […]
Bit Digital has gone all-in on Ethereum after offloading all of its Bitcoin to buy ETH. The Nasdaq-listed company raised $172 million from its BTC sales and acquired over 100,000 ETH, becoming the latest corporate Ethereum treasury firm. “Following a $172 million public equity raise and conversion of its balance sheet from Bitcoin to Ethereum, […]
Ethereum remains range-bound between the 100-day and 200-day moving averages, signalling a consolidation phase. However, a decisive breakout in either direction will likely define the next major trend, with market sentiment leaning toward a potential bullish breakout in the coming days. ETH Price Analysis: Technicals By Shayan The Daily Chart ETH is currently consolidating between […]
While Ethereum’s price remained subdued throughout June, data reveals a different story for the network itself. Beneath the surface, metrics quietly reached historic highs. That quiet gave way to movement as July began, with the entire crypto market lifting on news of the US trade deal with Vietnam and a rise in the M2 money […]
Ethereum is “getting its own MicroStrategy era,” said former developer Eric Conner on X on Tuesday, drawing comparison to the world’s leader in corporate Bitcoin accumulation: Michael Saylor’s Strategy. The developer highlighted two “live experiments” of companies that have already started Ethereum treasuries, Tom Lee’s BitMine and Joe Lubin’s SharpLink. These two could be the […]
On Tuesday, the largest publicly traded holder of Ethereum announced that it had strategically increased its total holdings to 188,478 ETH. The firm acquired an additional 12,207 ETH for $30.6 million at an average price of $2,513 per ETH, between June 16 and 20, it added. SharpLink’s Ethereum treasury is currently worth around $460 million […]
TL;DR ETH is the subject of multiple optimistic predictions, with some well-known analysts forecasting a rise to a new ATH soon. Rising spot ETH ETF inflows reflect growing institutional interest and bullish momentum. However, recent positive exchange netflows hint at possible sell pressure ahead. Is ETH the Right Horse? Ethereum (ETH) has rebounded from the […]