But it’s not all doom and gloom for World Liberty Financial as ether (ETH) has risen by more than 16% since 01:00 UTC on Wednesday, turning the paltry $15.3 million it has raised, into $16.25 million. Etherscan shows that the token sale wallet has not liquidated any tokens and that it currently holds 4,234 ETH and $4.2 million worth of stablecoins. Source
Este artículo también está disponible en español. Ethereum has surged over 8% following Donald Trump’s election victory, igniting fresh optimism among investors. Despite this rally, ETH still trades below a crucial resistance level, keeping the price in check since early August. This resistance, a critical barrier, must be cleared for Ethereum to regain its bullish momentum fully. Analysts are watching closely, with top crypto expert Inmortal sharing a recent technical analysis that suggests Ethereum could be gearing up for a significant breakout. Related Reading According to Inmortal’s analysis, ETH appears…
Over the past five years, the ratio has risen from 0.02 to a peak of above 0.08 in early 2022, meaning ETH quadrupled in value relative to BTC at the time. Since then, it’s been on decline. Even as BTC set a lifetime high, ether has yet to break through its high from 2021 and is down 46% from its peak. Source
On-chain data shows derivatives exchanges have just received large Ethereum deposits, something that could lead to volatility in ETH’s price. Ethereum Exchange Netflow Has Seen A Sharp Positive Spike Recently As explained by an analyst in a CryptoQuant Quicktake post, the Exchange Netflow for ETH has registered a large spike recently. The “Exchange Netflow” here refers to an on-chain indicator that keeps track of the net amount of ETH moving into or out of the wallets associated with centralized exchanges. When the value of this metric is positive, it means…
“BlackRock’s BUIDL is based on Ethereum, and for what they’re trying to build, I think that’s perfectly fine,” Wald added, but any kind of projects with high-volume transactions, like real-time payments or trading, might struggle. “If we’re talking about a more sophisticated on-chain fund, or a financial platform, then there’s a real opportunity for Solana.” Source
Recently roughed-up bitcoin miners like Marathon Digital (MARA), Riot Platforms (RIOT) and Hut 8 (HUT) were sporting gains in the 3%-5% range. Crypto exchange Coinbase (COIN) was higher by 3%, though remains lower by about 10% over the past few sessions following a disappointing third quarter earnings report. Source
Este artículo también está disponible en español. Ethereum is trading at $2,500, following a 9% pullback from recent highs after it failed to establish a higher high above $2,820. This retrace has sparked renewed interest among investors, with top analyst and investor Carl Runefelt sharing a technical analysis that points to a promising setup for accumulation. Runefelt highlights a bullish pattern emerging in ETH’s price action, indicating that this retracement could be a prime opportunity for long-term holders to accumulate more Ethereum before a potential rally. Related Reading The coming…
Este artículo también está disponible en español. Tim Robinson, Head of Crypto Research at BlueYard Capital, has unveiled groundbreaking simulations indicating that Ethereum’s implementation of “blobs” could be exceptionally bullish for the long-term price of ETH. In a series of posts on X, Robinson highlighted how blobs could revolutionize Ethereum’s scalability and economic dynamics. “Many people arguing about blobs, but so far no one has simulated how they respond to demand… until now,” Robinson stated. “TL;DR: Blobs are insanely bullish for ETH long term.” Why Blobs Are ‘Insanely Bullish’ For…
Este artículo también está disponible en español. On Wednesday, Ethereum (ETH) surged above the $2,700 mark for the first time in over a week, sparking a bullish sentiment among several crypto analysts. Some suggested that the second-largest cryptocurrency will soon break from the next resistance level and reclaim the $3,000 mark. Related Reading Ethereum Retests $2,700 Ethereum surged above a key resistance level on Wednesday morning as most of the crypto market soared. The cryptocurrency rallied 3.1% toward the $2,700 horizontal level, hitting the $2,722 mark before retracing to $2,710.…
Ether itself has remained in the same trading range since early August, with the current level of $2,700 providing two firm rejections on Sep. 27 and Oct. 21. During that period bitcoin surged from below $60,000, yesterday testing its record high from March of just shy of $73,800. Ether remains about $2,000 below its record high set all the way back in November 2021. Source