Este artículo también está disponible en español. Ethereum is trading near its yearly low of $2,400 after an 18% drop from local highs. ETH has notably underperformed compared to Bitcoin and other altcoins like Solana this cycle, leading to investor concerns. Related Reading One of the key reasons for this underperformance is the lack of enthusiasm surrounding Ethereum ETFs. Metrics from these funds show low interest from traditional investors, adding to the bearish sentiment around ETH. As the crypto market is gripped by fear and uncertainty, Ethereum traders are searching…
Tag: ETH
Bitcoin Price (BTC) Fell 2.2% While Ether Price (ETH) Dropped 2.4% as the Coindesk 20 Trends Downward
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Another 7 Day 5.44% Low For ETH As Whales Shift Towards This 100x Meme Bomb
Este artículo también está disponible en español. Ethereum (ETH), often hailed as the king of altcoins, has been experiencing a tumultuous period recently. Over the past seven days, Ethereum has dropped by 5.44%, causing concern among investors and enthusiasts. Despite being one of the most established and widely used cryptocurrencies, Ethereum’s recent performance has not been encouraging, leading many to wonder whether it can maintain its dominance in the rapidly evolving crypto space or will the thrown be passed on to new comer meme coin Mpeppe (MPEPE). A New Contender:…
Ether CME Futures Volume Shrinks as ETH ETFs Disappoint, Crypto Market Ducks Risk With Shift to Bitcoin (BTC)
Data tracked by Wintermute show bitcoin futures now account for 48% of the total notional open interest in the crypto futures market, while alternative cryptocurrencies, including ether, account for the rest. In March, when optimism was at its peak, bitcoin represented just 31% of the global open interest. Original
Crypto Exchange Hacker Moves $6,500,000 in Ethereum (ETH) to Digital Asset Mixer Tornado Cash: PeckShield
An address connected to the hack of Indian crypto exchange WazirX is suddenly moving millions of dollars in Ethereum (ETH), according to the cybersecurity firm PeckShield. PeckShield says that the hacker transferred the ETH stash to Tornado Cash, a coin-mixing service that facilitates anonymous digital asset transactions. “WazirX Exploiter-labeled address has transferred 2600.1 ETH (worth ~$6.5 million) to Tornado Cash…” Source: PeckShield/X The stolen ETH was part of the July 18th hack of WazirX, which resulted in the theft of more than $230 million in digital assets. Blockchain tracking firm…
Bitcoin Price (BTC) Declines 2.4% While Ether Price (ETH) Drops 2.1%
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Ethereum ETF Couldn’t Save ETH From Falling, ETH Whales Search For New 100X Dreams
Este artículo también está disponible en español. The cryptocurrency market has been anything but kind to Ethereum (ETH) lately. Despite the highly anticipated launch of Spot Ethereum ETFs, which many believed would bolster the asset’s price, Ethereum continues to struggle, casting doubts on its short-term potential. As the price of ETH remains trapped in a bearish trend, large investors, or “whales,” are beginning to seek out new opportunities for massive returns—enter Mpeppe (MPEPE), a rising star in the crypto space. Mpeppe (MPEPE) Captures the Attention of Ethereum Whales As Ethereum’s…
Bitcoin Price (BTC) Rose 1.3% While Ether Price (ETH) Fell 0.4%
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CryptoX is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CryptoX was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CryptoX operates as…
ETH Whales Add Mpeppe To Holdings
Este artículo también está disponible en español. Ethereum (ETH) whales have been making headlines with their latest strategic move: adding Mpeppe (MPEPE) to their portfolios. This development comes as a surprise to some, but for those familiar with the potential of Mpeppe (MPEPE), it’s a calculated move that could pay off handsomely. Ethereum’s Current Market Outlook Ethereum (ETH) has long been a cornerstone of the crypto market, known for its robust smart contract capabilities and wide-ranging applications across decentralized finance (DeFi), non-fungible tokens (NFTs), and more. However, like all cryptocurrencies,…
Ethereum Technical Analysis: ETH Price Hovers in Consolidation Zone
On September 2, 2024, ethereum was priced at $2,517, with a 24-hour intraday range of $2,407 to $2,531. Over the past week, its price fluctuated between $2,409 and $2,740, reflecting ongoing volatility. With a 24-hour trading volume of $14 billion and a market capitalization of $302.85 billion, ether’s market dynamics remain under pressure as it […] Source CryptoX Portal