Ethereum’s network has experienced a significant increase in daily active users and daily transaction volume. Despite this growth, the price of ETH, Ethereum’s native cryptocurrency, has seen a decline of over 10% in the past week. This decrease in price is particularly notable when compared to Bitcoin and the S&P 500. However, the number of
Ethereum
The cryptocurrency market is currently experiencing a pullback, following Bitcoin’s surge to a new all-time high. Ethereum (ETH) is also feeling the effects of this downward movement, after recently hitting a yearly high of $4,094. The price of Ethereum has been on a decline since then, with it now trading below the 100-day Moving Average
As Ethereum (ETH) gears up for the Dencun upgrade to improve its scalability, a notable trend has caught the attention of analysts at QCP Capital, a well-established crypto asset trading firm. The firm’s analysis points to a shift in “risk reversals” for Ethereum, indicating a negative sentiment amongst investors for upcoming expiries. This negative risk
Ethereum (ETH) recently underwent a significant software upgrade known as Dencun, aimed at improving the cost-effectiveness of utilizing the network ecosystem, particularly for Layer 2 (L2) networks like Arbitrum, Polygon, and Coinbase’s Base. This update has led to a substantial reduction in transaction costs on these networks, with fees plummeting from dollars to cents or
Ethereum has been experiencing a surge in price, currently aiming to establish a strong position above the $4,000 level. The bullish momentum in the market has led crypto analyst Ali Martinez to predict that Ethereum could potentially reach $5,000 in the near future. Martinez indicates that data from IntoTheBlock shows that there is still room
Ethereum (ETH) has recently experienced a surge in performance, surpassing the $4,000 mark and attracting significant attention from investors. With a market capitalization of nearly $480 billion, the world’s second-largest cryptocurrency has generated both excitement and caution among market participants. However, the question remains – is this surge sustainable, or are we simply witnessing a
The upcoming Dencun upgrade for the Ethereum (ETH) ecosystem is generating significant buzz as it promises to revolutionize the network and drive cost reductions on Layer 2 (L2) networks. With the update scheduled for March 13, many are eagerly anticipating the changes it will bring and the improvements it will make to the overall user
Cryptocurrency enthusiasts are currently rejoicing over a bullish weekend for Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization. In the past day alone, ETH has experienced a price surge of 4.31%, bringing it closer to a critical resistance point of $4,000. This upward momentum is fueled by a combination of factors that are contributing
The cryptocurrency market is always full of surprises, especially when it comes to whale activity. Recently, the on-chain analytics firm Santiment has highlighted a surge in whale transactions for several Ethereum-based altcoins. The whale transaction count is a key metric that tracks transfers valued at $100,000 or more, typically involving large entities known as whales.
In the world of cryptocurrencies, Ethereum is increasingly being seen as the next frontier for revolutionary changes in the financial landscape. Its advocates praise the benefits of smart contracts and envision a future where market transparency, tokenized funds, and fast settlement times are the norm. As of the latest data from Coingecko, Ether is currently
