Ethereum, the second-largest cryptocurrency by market cap, has seen a notable decline in its average transaction fees, plunging to just $1.13. This trend, observed by on-chain analytics firm Santiment...
Category: Ethereum
Live Ethereum News Updates.
This Ethereum Metric Is Retesting The Bear-Bull Junction, Will Break Happen?
On-chain data shows the Ethereum MVRV ratio is currently testing a level that has historically served as the boundary between bear and bull markets. Ethereum MVRV Ratio Is Retesting Its 180-Day SMA Ri...
$730M Worth Of BTC And ETH Options Expire On October 6th
Key Points: $730 million worth of BTC and ETH options expire on Friday, impacting market dynamics. $730M worth of BTC and ETH options expire soon. Market sentiment, liquidity, and holiday factors infl...
Ethereum’s Plummeting Below $1,600 Creates Alarming Case
Ethereum, the second-largest cryptocurrency by market capitalization, experienced a significant drop in price, briefly plummeting below the $1,600 mark. As of the latest data, Ethereum is trading at a...
ETH Must Hold This Level to Prevent a Massive Crash (Ethereum Price Analysis)
Ethereum’s price action has been relatively bearish in recent months, breaking below multiple support levels. However, investors can still be hopeful that an upward movement may be on the horizon. Tec...
Grayscale Pursues Groundbreaking SEC Approval for Spot Ethereum ETF
Amid the soaring interest in digital assets, Grayscale Investment, a prominent name in the cryptocurrency space, has stepped forward with a monumental move. The company recently approached the US Secu...
OpenSea: Ethereum and Polygon NFT sales hit 2023 lows
Ethereum and Polygon-based NFTs on OpenSea recorded their lowest sales volume this year in September. Blur continued to outpace OpenSea in terms of monthly sales volume. The monthly sales volume of E...
Binance Proof of Reserve: BTC Rises, ETH Falls, and USDT Dips
Key Points: Users hold 588k BTC, up 0.12% from the previous month. Ethereum assets drop by 1.6% to 3.83 million. User holdings of USDT stand at 15.31 billion, down 0.8%. Binance has just unveiled its ...
Ethereum Sees $181M Exchange Outflow, Buying Going On?
On-chain data shows Ethereum has observed a large exchange outflow recently, a sign that buying may be going on in the market. Ethereum Exchange Supply Hits Lowest In 5.5 Years After $181 Million Outf...
ETH Ready To Bounce Hard
Ethereum price jumped to $1,750 on Monday, a price level seen in mid-August. The largest smart contracts token was the focal point of the crypto market as the US Securities and Exchange Commission (SE...
How Have Ethereum Futures ETFs Fared So Far? Data Reveals Shocking Numbers
Apart from Spot Bitcoin ETFs, Ethereum Futures ETFs have been the talk of the crypto industry for months as investors look toward a catalyst for the next bull run. However, data has shown the highly a...
HTX Loses 5,000 ETH in Hack; Crypto Reddit Recommends XRP, ATOM, and QUBE To Be Top Cryptos
The world of cryptocurrency is not immune to cyber threats despite enormous efforts by many networks to implement robust security measures and adhere to best practices. These cybersecurity breaches ha...
Ethereum’s Network Fees Decline to Lowest Since Nov 2022, Threatening Price Rebound: Data
Ethereum’s network fees have plunged to some of their lowest levels, with this week recording an average of $1.13, a price last seen in November 2022. Crypto analytics firm Santiment revealed in a pos...
Bitcoin Should be Preferred Over Ethereum For a While: Report
Crypto-based exchange-traded funds do not follow the same excitement following the launch. A recent example came in the wake of Ethereum futures ETFs that struggled to garner volume. It was in huge co...
This Ethereum Competitor Is the Institutional Investors’ Favorite This Year, According to CoinShares
Crypto assets manager CoinShares says that one Ethereum (ETH) rival continues to be the favorite altcoin of institutional investors. CoinShares says in the newest Digital Asset Fund Flows Weekly Repor...
Ethereum (ETH) Expects a Price Rally if Grayscale Succeeds With the ETF. How Will This Affect the Crypto Market?
Grayscale Investments, in collaboration with NYSE Arca, has recently approached the U.S. Securities and Exchange Commission (SEC) with a proposal to transform the Grayscale Ethereum Trust (ETHE) into ...
Ethereum Records $181 Million Outflow from Exchanges, Marking Highest Movement Since August
Alex Dovbnya Ethereum, the second-largest cryptocurrency by market cap, experienced a significant $181 million outflow from exchanges this past Wednesday Ethereum experienced an outflow of approximate...
Ethereum Succumbs to Selling Pressure as Bears Maintain Control
Earlier this week, more than $181 million worth of ETH was transferred out of exchanges. If the price breaks below $1627 resistance level, then it will likely test $1569 level. According to data compi...
FTX Account Drainer Moves 60,000 ETH Since Late September
In a fresh wave of money transfers, the notorious FTX account drainer has caused significant disruption in the crypto community by moving a total of 60,000 ETH from 4 wallet addresses since late Septe...
Ethereum Outflows Peak; ETH Price Bullish?
In the context of the US Securities and Exchange Commission’s (SEC) approval of the Ether futures exchange traded funds (ETFs), investors in Ethereum are displaying signs of bullish sentiment. On chai...
Notorious FTX Hacker Resurfaces, Shifts 5,684 ETH into Bitcoin
CertiK, in a recent development, has reported fresh activity linked to the notorious FTX drainer. Specifically, the tool spotted a significant conversion of 5,624 ETH to BTC through a bridging transac...
Ethereum Supply in Exchanges Alarms! Bullish Signal for ETH?
The long-awaited Ethereum futures ETFs were launched at the beginning of the week. However, it did not receive the expected attention and demand for ETFs has remained weak since then. However, on-chai...
Solana Leads Ethereum, Avalanche, and Cosmos in Nakamoto Coefficient, a Key Network Decentralization Metric
Key takeaways Solana (SOL) has become one of the most decentralized blockchain networks in addition to being one of the most scalable after reporting that its Nakamoto Coefficient score beats other l...
Ethereum Price Recovery In Jeopardy? Decoding Key Hurdles To Fresh Increase
Ethereum price is struggling to stay above the $1,620 support against the US dollar. ETH must clear the $1,665 hurdle to start a fresh increase. Ethereum trimmed all gains and now trading near the $1,...
Analyst Says He’s ‘Extremely Bullish’ on Top-20 Ethereum-Based Altcoin in Coming Months – But There’s a Catch
A closely followed crypto strategist remains confident in his bullish position on one top-20 altcoin project. Pseudonymous analyst Altcoin Sherpa tells his 196,600 followers on the social media platfo...
Excellent Ethereum price forecasting thanks to low gas fees
The Ethereum recent achievement of a surprisingly low average transaction fee of $1.13 has caught the attention of cryptocurrency enthusiasts and investors alike, driving the price forecasting through...
BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, DOT, MATIC
United States 10-year Treasury yields soared above 4.8% on Oct. 3, their highest level since 2007. DoubleLine Capital CEO Jeffrey Gundlach said in a post on X (formerly Twitter) that the spread betwee...
Ethereum fees drop to lowest in a year; Price rebound in sight?
As the largest part of the cryptocurrency market returns to trading sideways, Ethereum (ETH) is no exception, but price rebound could be in the cards for the second-largest digital asset by market cap...
Deaton Dismisses Claims that He Has Insider Information About Ethereum ICO
Pro-XRP lawyer John Deaton has dismissed a widespread claim that he has insider information about Ethereum’s (ETH) initial coin offering (ICO). Attorney John Deaton, a lawyer representing over 75K XRP...
Polygon 2.0 POL Contracts Go Live on Goerli Testnet, Setting the Stage for ‘Scaling Ethereum to the Size of the Internet’
Key takeaways Polygon announces that new POL token has been launched on Goerli Testnet, shares three key governance proposals relating to the future mainnet launch POL is designed to replace MATIC as...
Institutional investors bet big on Ethereum despite bear market
Despite going through an extended crypto bear market, the most recent approvals and launches of multiple Ether Futures ETFs have boosted institutional investors’ interest in the second-largest cryptoc...
Ethereum Sees Highest Daily Exchange Outflow Since August
Yesterday, ETH worth more than $181 million was transferred off of exchanges. The supply of ETH available on exchanges is now at its lowest point in approximately 5.5 years. However, technicals sugges...