Tag: ETH

Ethereum Price Surges 5% As ETH Bulls Finally Take Over, $2,550 Next?

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Ethereum price is gaining pace above the $2,320 resistance zone. ETH is up over 5% and it seems like ETH is finally outperforming Bitcoin. Ethereum is gaining pace and trading above the $2,300 support zone. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,380 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend its rally toward the $2,500 and $2,550 resistance levels. Ethereum Price Starts Fresh Rally Ethereum price extended…

Talk of spot ETF lifts XRP, whales tracking ETH, INJ, and ROE

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. There has been a lot of talk about the XRP Spot Exchange-Traded Fund (ETF). It’s catching the attention of not just regular traders but also big players on Wall Street.  Yassin Mobarak from Dizercapital added to the excitement, making people discuss XRP’s potential in institutional investments.  Ethereum (ETH), Injective Protocol (INJ), and Borroe Finance (ROE) are also gaining traction, especially among big investors.  XRP ETF potential There is real…

Ethereum (ETH) Lags In Market Cap Growth Despite Positive Year

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According to a report from crypto analytics firm IntoTheBlock, Ethereum has recorded an 85% increase in its market cap over the last year, moving from around $149.18 billion to its current value of $275.98 billion. However, in comparison with other major assets, ETH performance still leaves more to desire, especially considering the many positive developments experienced by the asset in 2023. Ethereum Underperforms Ethereum (ETH) has been one of the major headliners in the crypto space in 2023. The second-largest cryptocurrency and the most prominent altcoin has continued to retain…

Ethereum Price Reaches Key Juncture – Can Bulls Pump ETH To $2,500?

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Ethereum price is still struggling to clear the $2,265 resistance while Bitcoin extended gains. ETH could rally if there is a close above $2,265 and then $2,320. Ethereum is still struggling to gain pace for a move above the $2,265 resistance zone. The price is trading above $2,220 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support near $2,180 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a strong increase if there is a close above $2,265…

Is Ethereum (ETH) Ready For A Monster Move In January 2024?

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In a recent post on X, Sassal, an independent Ethereum educator, is doubling down on Ethereum (ETH). The angel investor said that based on current market sentiment, there are signals that the “death of ETH” narrative is losing steam. This is a reason, in Sassal’s view, to buy even more ETH ahead of the expected bull run. Ethereum Bulls Confident, ETH Resistance At $2,400 With the bullish stance, the independent Ethereum educator appears to be convinced that Ethereum’s fundamentals are strong. More importantly, the analyst is confident that the network is well-positioned…

Demand for DVT Sends SSV.Network Past $150M in Staked ETH

Anyone with the will and the technical ability is free to run their own Ethereum validator and connect to SSV. Ethereum stakers are rapidly warming to Distributed Validator Technology, which is becoming a mainstay of the staking landscape. Following its introduction by SSV.Network, staking operators, and validators have been swift to embrace the technology for the benefits it brings in terms of performance and security. $150M is now staked in SSV either directly or through third-party apps that use the network’s open-source technology. This constitutes over 67,000 in staked ETH…

Ethereum Exchange Balances Drop Drastically, What This Means For ETH Price

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Ethereum is currently ranging around $2,200, with its price undergoing a calm volatility in the past 7 days. New data from Santiment has revealed the current sentiment among Ethereum whale addresses, as the total supply on exchanges recently hit a new low. According to the on-chain analytics platform, more than 240,000 ETH have left 10 of the biggest ETH exchange wallets in the past 24 hours.  As a result, the cumulative number of ETH deposited across crypto exchanges dropped from 8.03 million ETH to 7.79 million ETH in a single…

Ethereum Whales Scoop Up $230 Million In ETH In One Week

In the past week, some of the biggest Ethereum whales, those with holdings ranging from 1 million to 10 million ETH, have accumulated an impressive 100,000 ETH, valued at a staggering $230 million. This active buying stance by influential investors highlights their unwavering belief in the long-term potential of Ethereum, even in the face of recent price corrections. Despite the recent downtrend in prices, indications from recent Ethereum whale activities suggest a persistent confidence in a bullish market continuation. Wealthy Traders Accumulate Millions In Ethereum Subsequent to the promising start…

SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, AVAX, DOGE

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The S&P 500 Index (SPX) rose 2.49% last week, extending its string of weekly gains to seven weeks, the longest such winning streak since 2017. However, Bitcoin (BTC) could not maintain its momentum and succumbed to profit-booking by the bulls. Trading resource Material Indicators said in a X (formerly Twitter) post that “ year-end profit taking and tax loss harvesting” will prevail in the short term.  However, a crash is unlikely because several analysts expect the United States Securities and Exchange Commission to approve one or more spot Bitcoin exchange-traded…