ETH

In the dynamic world of cryptocurrencies, two tokens are capturing the attention of Ethereum (ETH) whales: Internet Computer (ICP) and Mpeppe (MPEPE). With recent trends signaling the resurgence of artificial intelligence (AI) and blockchain convergence, these tokens are showing tremendous potential. ETH whales, known for their strategic investments, are beginning to pivot their focus toward both Internet Computer (ICP) and Mpeppe (MPEPE), with each offering unique opportunities for growth. The Growing Influence of AI in the Crypto Space Artificial intelligence…

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently lagged behind other top tokens, posting losses on both a 24-hour and weekly basis. Despite this downturn, some analysts believe that if Ethereum can overcome critical resistance levels in the near future, it may follow seasonal trends typically seen in “Uptober,” potentially leading to a price recovery. Ethereum Struggles To Break $2,800 Resistance  Technical analyst Daan Crypto Trades recently pointed out that Ethereum has yet to make a higher high,…

Bitcoin (BTC) sank further, dropping below $64,000 following a drop of 1.22% over the past 24 hours. The drop comes despite positive sentiments around the world’s largest cryptocurrency and an increase in spot Bitcoin ETF inflows. Major altcoins also faced considerable turbulence, with Ethereum (ETH), Solana (SOL), and Ripple (XRP) experiencing significant volatility.  However, SUI and Bittensor (TAO) emerged as top gainers, defying broader market sentiments. The crypto market cap also declined, dropping by almost 1% to $2.25 trillion. Altcoins…

Despite scalability and high gas fees facing Ethereum, the founder of EigenLayer, a liquidity restaking platform, insists the network is superior, especially against Solana. Solana is the third most valuable smart contracts platform, trailing Ethereum and the BNB Chain. Over the years since launching, it has been gulping up more market share from Ethereum, cementing its position. Is Ethereum Superior To Solana? While the prominence of Solana is evident, Sreeram Kannan, the founder of EigenLayer, argued in a post on…

Bitcoin (BTC) dipped below the $65,000 level early today after registering a drop of almost 2.50% over the past 24 hours and is currently trading just below the $65,000 mark. Spot Bitcoin ETFs also registered a surge in inflows, attracting around $449 million, fueling even further demand as speculation about a rate cut and soft US landing bets.  The overall crypto market capitalization dropped almost 2% to $2.27 trillion, with major cryptocurrencies like Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), Toncoin…

As Bitcoin prepares to break through the top of its bull flag, or perhaps be rejected once again, both Ethereum and Solana are starting to turn the tables on the number one cryptocurrency. If $BTC can hold firm, is this the time when the major altcoins will start to steal the show? $BTC having a bit of a moment The $BTC price is having a bit of a moment right now, and is threatening to reject, and break down from…

Ethereum’s movement last week was full of mixed signals as Spot Ethereum ETFs started to witness good inflows. Notably, ETH has been on a rally since the middle of September, reflecting a 25% gain from the September 6 low of $2,171 as it crossed $2,715 on September 27.  This rally and the well-anticipated inflows in Spot Ethereum ETFs brought a much-needed breather into the Ethereum ecosystem. According to on-chain data, last week’s price action saw many Ethereum addresses moving into…

The Ethereum price recovery has been quite impressive in recent weeks, and an analyst has suggested that this might only be the beginning of a good run for the altcoin. Is The Ethereum Market Preparing For A Rally? A pseudonymous analyst has shared — via a CryptoQuant Quicktake post — an interesting on-chain insight into the price action of Ethereum. The relevant indicator here is the “taker buy/sell ratio,” which measures the taker buy and taker sell volumes for a…

Many believe that such stories are mostly fiction in this race to make quick money known as cryptocurrency. Some investors, however, have managed to take advantage of these opportunities, but with masterly precision and excellent timing. One such case is that of a diamond hands investor who from 2020 until 2021 was able to turn a mere $900 invested into a whopping $1 million, riding on the rise of Ethereum’s value towards the end of the DeFi era. Ethereum: A…