Ethereum

Ethereum has finally given a breakout about its previous lifetime high and seems to have entered price discovery mode. The second-largest cryptocurrency surged past $1,700 in the last few sessions before correcting slightly lower. The bulls are now likely eyeing $1800 as the next target. The massive uptick comes just as the Grayscale Ethereum Trust added 25,000 ETH coins worth a whopping $37.6M to their coffers on Feb 3. Just two days prior, the digital assets manager had announced the…

The Eth2 network has become the third-highest staked asset, accumulating a total of approximately $3.8 billion. The breakthrough comes after Ethereum reached a new all-time high, breaching the $1,500 mark. Ethereum 2.0 validators recently surpassed 70K, and it seems that the network is charging for greater profits as the financial year 2021 counts down. At the time of writing, the value of ETH has a 6.17% 24h market price change. The crypto's market cap has now totaled over $173 billion.…

Major crypto asset management firm, Grayscale has announced that its Grayscale Ethereum Trust is now open again. It resumed its shares' private placement after shutting down in December and five other trusts amid a historic Ethereum bull run. Users can buy and sell shares of Grayscale's publicly traded Ethereum Trust. This avenue provides exposure to the largest decentralized smart contract platform without worrying about storage, security, or regulatory concerns. A Grayscale spokesperson said that the Trust's private placement is offered…

After a few days of bearish trend, the crypto market has rebounded in the past 24 hours of trading.  This upsurge in price movement sees most of the top coins trading in green with a few in double digits profits. Bitcoin recovers towards $32,000 Bitcoin has not enjoyed the best of weeks as the leading coin is on a bearish trend. The price of BTC has struggled to make significant gains since it surpassed the $40,000 mark two weeks ago.…

On Jan 27, 2020, Reddit announced it’s first-ever blockchain partnership with the Ethereum Foundation. The social media platform that boasts around 50 million Redditors stated that the new partnership aims to provide development resources to ETH scaling tools. Per the announcement shared on the Ethereum subreddit, admin u/jarins revealed that the Reddit community would contribute to the ETH blockchain by launching upcoming applications that can scale. The admin said that his platform would make immediate efforts to bring ETH to…

Ethereum has experienced a new surge of investment from financial institutions, according to a new report from Coinbase. This could have influenced the recent surge in Ether (ETH) price, which recently hit an all-time high. Institutional Investors Turn More to Ethereum (ETH) Assets Coinbase released its annual report analyzing the current development in the crypto space in the past 12 months. The exchange focused on the recent surge in the popularity of Ethereum (ETH) and gave some reasons for this.…

Ether (ETH) has achieved a new milestone surpassing its all-time high of $1,450 in the early hours of today. Ethereum (ETH) has shown bullish signs, and the current market sentiments for the leading altcoin are at record levels. Ether (ETH) Creates New All-time High Ethereum had been trying to surpass the $1,450 mark for several failed attempts for the past few weeks. The weekend saw little changes, with a slight correction occurring, leading the altcoin towards the $1,100 support levels.…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $950 billion. Bitcoin lost nearly 7% over the week to trade at around $32,000. Ethereum gained almost 10% in value to trade above $1,300. XRP and Polkadot settle on their previous gains while trading in the green. The DeFi sector adds more than $2 billion to the total value of locked protocols. Crypto Trends…

Ethereum price has recovered in the past 24 hours following a sharp drop below its support levels. The leading altcoin has been bullish in recent weeks and created a new all-time high this week. This had led to speculations that Ethereum could hit the $2,000 mark before the end of the week. However, a major correction occurred yesterday, with the coin dipping towards the $1,000 support level. Since then, the coin has retraced its movements and is currently trading at…