ETH

The post Ethereum Price Today : How Recent Wallet Activity Could Influence ETH Price appeared first on Coinpedia Fintech News In terms of network growth, Ethereum has made a new milestone, as it has recently marked a 4-month high in wallet creation. How has this new development impacted the market? Has it helped Ethereum to outperform other L1 chains? It’s time to do a simple analysis! Ready? Ethereum’s Strong Network Growth  Yesterday, Ethereum saw a sharp rise in wallet creation.…

The crypto markets slipped into extreme fear over the weekend, with major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), and several others losing considerable ground and dragging the combined crypto market cap below $2 trillion.  BTC tumbled to a low of $52,714 over the weekend, while ETH got dangerously close to slipping below the $2,200 level on Sunday. SOL also dropped to a low of $126 as markets turned bearish after US job market…

The post Vitalik-Linked Wallet Sells $1.83M in ETH After August Transfer appeared first on Coinpedia Fintech News After receiving 3,800 Ethereum tokens from Vitalik Buterin, Co-founder of Ethereum, on August 9th and 30th, a multi-signature wallet is on a selling spree. Starting with $9.99 Million worth of ETH tokens, the wallet has dumped 760 ETH in the market in exchange for 1.835 Million USDC for an average price of $2,414 per token. With the most recent selling just a day…

The post ETH Whale Sells Big, Loses $17M To Repay Aave Debt! appeared first on Coinpedia Fintech News Following the crypto market crash on September 7th, a major whale made a tough decision to sell 28,554 ETH, worth $64.4M, to clear out outstanding debts. By clearing the debts on Aave, the whale incurred a loss of over $17 million. From December last year, the whale was actively buying Ethereum, accumulating 30.5K ETH at an average price of $2,850. The sell-off…

The post VanEck Closing Its Futures ETH ETF: What You Need to Know appeared first on Coinpedia Fintech News A well known asset management firm, VanEck is closing its Ethereum Futures ETF (EFUT). This marks a significant pivot in the firm’s strategy amid evolving market conditions. The firm has been operating this ETF for less than a year. This ETF has been operational for less than a year. Let’s find out why VanEck decided to shut this ETF. Why is…

The post Novel Ethereum Price Indicator Points to Massive ETH Explosion and Altcoin Season, Timeline Inside appeared first on Coinpedia Fintech News Ethereum’s recent price performance has been disappointing. The second-largest crypto by market cap fell below $2330, a 4% drop over the past 7 days. This dip is tied to the market downturn affecting other cryptos, like Bitcoin, which saw a 5% drop in the same period. Despite the frustrating negative sentiment, Ethereum price indicators show promise, potentially triggering…

The cryptocurrency market has been on a rollercoaster ride in 2024, with major altcoins like Solana (SOL) and Ethereum (ETH) grappling with intense volatility. While these top-tier projects have been struggling to maintain their positions, Mpeppe (MPEPE), a rising meme coin, has gained aggressive momentum, attracting investors looking for more dynamic opportunities. Solana (SOL)’s Struggles in 2024 Solana (SOL), once heralded as a breakthrough blockchain for its speed and scalability, has encountered significant hurdles in recent months. Despite being one…

With the whole crypto market on tenterhooks, and the U.S. non-farm payroll data expected later on Friday, sentiment is still decidedly bearish. That said, isn’t it at times like these that bottoms occur? Ethereum ($ETH), Binance Coin ($BNB), and Solana ($SOL), are the major cryptocurrencies ready to take advantage of a reverse back to the upside. Time to go against market sentiment? Bitcoin ($BTC) is right now struggling to stay above its last-ditch support at around $56,000. If the king…

The cryptocurrency market mirrored the stock market’s downturn on Thursday as traders braced for Friday’s highly anticipated jobs report. As a result, almost all major US stock indices slipped into the red. Bitcoin (BTC) dropped nearly 4% over the past 24 hours, while gold registered a 1% increase to push back above the $2,500 mark.  Almost all cryptocurrencies remain firmly in the red as bears continue to dominate the market. BTC is currently down by 1.39%, while ETH has struggled,…