Ethereum

Ethereum is outperforming Bitcoin at spot rates, holding firm above the support zone between $3,000 and $3,300. Although prices retraced yesterday, with the July 29 bar closing with a long upper wick pointing to weakness, ETH holders are upbeat, expecting gains above $4,000. Roughly 30% Of All ETH Staked, Validators Stand At Over 1 Million As Ethereum rejects lower lows and cements its place at second in the market cap leaderboard, other developments could spark demand in the coming sessions.…

On-chain data suggests that some Ethereum whales might be jumping off the bandwagon amidst the ongoing tug-of-war between bulls and bears. This phenomenon has become increasingly evident as transaction data from whale trackers reveals a significant uptick in whale activity over the past 24 hours. The majority of these transactions are directed towards various crypto exchanges, indicating a possible shift in strategy or sentiment among these large-scale investors.  Notably, on-chain transaction alerts from Whale_Alerts show that approximately $205 million worth…

Despite the introduction of Ethereum ETFs, which were expected to stabilize Ethereum’s price, ETH has suffered an 8% drop. This decline was largely attributed to significant outflows from Grayscale's Ethereum Trust (ETHE) and a general market downturn. The failure of the ETFs to prevent this drop highlights ongoing volatility in the cryptocurrency market. In contrast, MoonTaurus (MNTR) is making headlines with its presale success. The token is nearing the completion of its first presale stage, priced at $0.005. As it…

The post Ethereum News : ETH Sell-Off Speculation Heats Up with Justin Sun’s $5.9M Transfer to Poloniex appeared first on Coinpedia Fintech News Justin Sun, the renowned entrepreneur and founder of Tron, has invited another scoop, with a second significant move involving Ethereum (ETH). Popular on-chain analytics provider Spot On Chain reports that Sun has allegedly transferred a large percentage of his Ethereum (ETH) deposit from Lido to Poloniex, a major crypto exchange. This has led to widespread Ethereum selloff…

The post Happy Birthday Ethereum! Vitalik Buterin Reveals Major Predictions on Ethereum’s 9th Birthday!! appeared first on Coinpedia Fintech News Vitalik Buterin, co-founder and core developer of the Ethereum (ETH) network, is leading the celebration of Ethereum’s ninth anniversary. In a recent post on X, Buterin expressed his excitement for the future. Happy 9th birthday, Ethereum!Looking forward to seeing what the next decade brings. pic.twitter.com/bXq56mIff7— vitalik.eth (@VitalikButerin) July 30, 2024 Buterin will also be speaking at the EDCON 2024 conference…

The post First Week Sees $4B in Ethereum ETFs: What Lies Ahead for ETH Price? appeared first on Coinpedia Fintech News Ethereum ETFs attracted over $4 billion in the first week. Trump’s bullish speech pushed Ethereum above $3,345. Rising transaction volumes and institutional demand could drive Ethereum (ETH) to $3,500 soon. Minotaurus ($MTAUR) presale offers early participants significant savings and bonuses. Ethereum ETFs launched on July 22, attracting over $4 billion in the first week. After a price drop, a…

The post Ethereum And Solana Price Prediction: One Altcoin Set to Thrive While Another Takes a Dive appeared first on Coinpedia Fintech News The second largest cryptocurrency Ethereum is experiencing a lot of choppy, sideways price action within a significant unchanged range. Analyst Josh of Crypto World gave a detailed analysis of Ethereum and Solana and what’s next for these top altcoins. Currently, ETH is bouncing from a well-defined support area between $3,150 and $3,250. Additional support levels lie between…

Ethereum price struggled to clear the $3,400 zone and corrected gains. ETH is firm near $3,280 and might attempt another increase in the near term. Ethereum started a downside correction from the $3,400 resistance. The price is trading near $3,280 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,280 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase unless there is a close below…

Ethereum appears poised for a significant breakout above the highly anticipated $4,000 price threshold. Despite this potential, the cryptocurrency has recently fallen short of the expectations of many enthusiasts and retail traders. The much-hyped launch of Spot Ethereum ETFs, rather than sparking a rally, turned into a classic “sell-the-news” event, leading to disappointment in the market. However, according to a crypto analyst, the overall sentiment around Ethereum remains fundamentally positive. This optimism is largely held up by some bullish investors…