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 […]
Investor confidence in Bitcoin saw a powerful comeback as the asset drew $2.4 billion in inflows. This figure is its biggest weekly tally since July. Meanwhile, short-Bitcoin products lost ground, with outflows trimming their assets under management to $86 million. Ethereum also benefited from the change in sentiment. After eight days of consistent withdrawals, it […]
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 […]
A new report from Protocol Guild has shown that Ethereum’s core developers are being paid far below industry standards. The survey collected responses from 111 out of 190 Guild members and found that most are earning 50% to 60% less than their peers in similar roles. Compensation Gap Median salaries for surveyed Ethereum developers came […]
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 […]
Following a phase of consistent flows into spot Ethereum exchange-traded funds (ETFs), investors are taking a break. This cool-off period comes as ether (ETH) hovers about 15% from its recent all-time high (ATH), and BTC remains range-bound between $108,000 and $113,000. Analysts at the cryptocurrency exchange Bitfinex revealed that Ethereum ETFs have just recorded their […]
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 […]
“The Lean Ethereum team has been doing a truly amazing job kicking into gear this year, and delivering on all fronts to ensure Ethereum’s long-term scaling, decentralization, and resilience,” said Vitalik on Sunday. He added that he expects all of these ideas to be ready to kick into gear at roughly the same time as […]
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 […]
After a strong rally last month that catapulted Ethereum to a fresh all-time high near $5,000, the altcoin suffered a choppy price action. However, Ethereum is making a push to reclaim the crucial $4,500 level, as deep-pocketed ETH whales quietly load up in the background. Whale Buying Spree Ethereum is seeing steady accumulation from mid-sized […]