Key Notes Ethereum has continued to play the underdog status in terms of price breakout. The digital currency has a number of factors, including inflationary pressure impacting its price. Optimism remains high for a longer-term price breakout for ETH. The price of Ethereum ETH $1 762 24h volatility: 5.5% Market cap: $212.86 B Vol. 24h: $26.72 B , the world’s largest altcoin, is struggling despite a recent broader market recovery. On-chain data shows ETH is experiencing weak network activity, a drop in transaction fees, and inflationary pressure from the Dencun…
Tag: ETH
Price analysis 4/2: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, TON, LINK, LEO
Bitcoin bulls are trying to clear a critical overhead hurdle at $88,000. Will large-cap altcoins follow? Bitcoin (BTC) bulls have pushed the price above the $87,000 level even as US trade tariffs are slated to kick in on April 2. Bitcoin may remain volatile in the near term, but analysts remain bullish for the long term. According to Fidelity analyst Zack Wainwright, Bitcoin is currently in an acceleration phase, which “can conclude with a sharp, dramatic rally” if history repeats itself. If that happens, Wainwright expects $110,000 to be the…
Ethereum Technicals Not Looking Good: Will ETH Crash Further?
Key Notes Ethereum whales have sold a massive 760,000 ETH in the past two weeks. The cryptocurrency faces resistance at the 20-day EMA at $1,963. The ETH/BTC ratio has hit a 3-year low, confirming ETH’s underperformance. Ethereum ETH $1 873 24h volatility: 0.8% Market cap: $225.85 B Vol. 24h: $14.85 B is facing mounting challenges as on-chain data reveals significant selling pressure from whales, a sharp decline in its relative strength against Bitcoin BTC $85 711 24h volatility: 3.3% Market cap: $1.70 T Vol. 24h: $26.64 B , and a…
Grayscale Seeks SEC Approval to List Crypto ETF With BTC, ETH, XRP, SOL, ADA Holdings
Grayscale has filed with the SEC to list its digital large cap fund as an ETF on NYSE Arca, offering exposure to bitcoin, ethereum, XRP, solana, and cardano. Grayscale’s Digital Large Cap Fund Targets NYSE Arca Listing for Broader Crypto Exposure Crypto asset manager Grayscale Investments filed a Form S-3 registration statement with the U.S. […] Source CryptoX Portal
zkLend hacker claims losing stolen ETH to Tornado Cash phishing site
The hacker behind the $9.6 million exploit of the decentralized money-lending protocol zkLend in February claims they’ve just fallen victim to a phishing website impersonating Tornado Cash, resulting in the loss of a significant portion of the stolen funds. In a message sent to zkLend through Etherscan on March 31, the hacker claimed to have lost 2,930 Ether (ETH) from the stolen funds to a phishing website posing as a front-end for Tornado Cash. In a series of March 31 transfers, the zkLend thief sent 100 Ether at a time…
Greedy L2s are the reason ETH is a ‘completely dead’ investment: VC
Ether’s (ETH) declining appeal as an investment comes from layer-2’s draining value from the main network and a lack of community pushback on excessive token creation, a crypto venture capitalist says. “The #1 cause of this is greedy Eth L2s siphoning value from the L1 and the social consensus that excess token creation was A-OK,” Castle Island Ventures partner Nic Carter said in a March 28 X post. Ether “died by its own hand” “ETH was buried in an avalanche of its own tokens. Died by its own hand,” Carter…
Ethereum futures premium hits 1+ year low — Is it time to buy the ETH bottom?
Ether (ETH) price fell 9.3% between March 26 and March 28, testing the $1,860 level for the first time in two weeks. This correction led to over $114 million in liquidations of leveraged ETH futures and caused the premium relative to the regular spot market to drop to its lowest level in over a year. Some traders have said that the rock-bottom ETH futures premium is a bottom signal, but let’s dig deeper into the data to see if this perspective makes any sense. ETH 1-month futures premium relative to…
BTC, ETH, XRP, BNB, SOL, DOGE, ADA, TON, LINK, AVAX
Bitcoin (BTC) is moving farther away from the crucial $90,000 mark, indicating that buying dries up at higher levels. Market participants seem nervous about the fresh round of US trade tariffs and the renewed inflation pressure as US Personal Consumption Expenditures data came in hotter-than-expected. Traders are divided about Bitcoin’s price trajectory in 2025. Analyzing data from the prediction markets platform Polymarket, X user Ashwin highlighted that Bitcoin’s most bearish target for 2025 is $59,040, and the most bullish is $138,617. Crypto market data daily view. Source: Coin360 Although the…
Shiba Inu Has Higher Share Of Long-Term Holders Than BTC, ETH
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
Ethereum’s (ETH) path back to $2.5K depends on 3 key factors
Ether (ETH) price reclaimed the $2,000 support on March 24 but remains 18% below the $2,500 level seen three weeks ago. Data shows Ether has underperformed the altcoin market by 14% over the past 30 days, leading traders to question whether the altcoin can regain bullish momentum and which factors might drive a trend reversal. Ether/USD (left) vs. total altcoin capitalization, USD (right). Source: TradingView / Cointelegraph Ether appears well-positioned to attract institutional demand and significantly reduce the FUD that has limited its upside potential. Critics have long argued that…