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As Ethereum (ETH) trades within striking distance of its all-time high (ATH), on-chain data shows that the second-largest cryptocurrency by market cap is experiencing mounting buying pressure. The asset is currently priced in the $4,600 range, just 4% shy of its ATH. Ethereum Net Daily Outflows Hit 40,000 According to a CryptoQuant Quicktake post by contributor burakkesmeci, more than 1.2 million ETH have been withdrawn from crypto exchanges over the past month. The analyst suggested that Ethereum’s uptrend is likely to continue. Related Reading For context, ETH has surged 53.8%…
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Key Notes ETH’s average transaction size surged 430% from $2,555 to $15,845, indicating increased whale activity and retail participation. Technical analysis shows potential for $5,000 breakthrough if price closes above $4,758 Bollinger Band resistance level. Corporate treasury purchases from BitMine, Fundamental Global, and Sharplink Gaming fueled the recent price momentum surge. Ethereum ETH $4 724 24h volatility: 4.2% Market cap: $570.41 B Vol. 24h: $60.13 B market cap reached a record $570 billion on Wednesday, Aug. 13, overtaking mega-cap stocks including Netflix and Mastercard. At press time, Netflix sits at…
Key points: Bitcoin bulls are chasing after BTC’s $123,218 all-time high as buying pressure surges. Ether has played catch-up to Bitcoin and is close to making a new all-time high. Bitcoin (BTC) rose above $122,000 on Wednesday, indicating that the bulls have kept up the pressure. The repeated retest of a resistance level tends to weaken it, increasing the likelihood of a breakout above the all-time high of $123,218. BTC is not alone. Ether (ETH) has also charged toward its all-time high of $4,868. Crypto sentiment-tracking platform Santiment said in…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Caleb Franzen highlights that XRP and Ethereum dominance is on the rise and stealing some of Bitcoin’s thunder. Watch the full interview youtu.be/v07zh-AIoQg 💡Get the (Re)Thinking Crypto Book on Amazon – 🖥️ Learn Crypto with Expert Commentary – Sponsors: 🌟Uphold – Signup with Uphold. Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. 🏠 Propy (PRO) is a blockchain-based real estate marketplace and decentralized title registry that leverages smart contracts to facilitate property transactions globally & 🔐 Safely Store your…
Key Notes 7 Siblings started selling ETH as soon as the price broke $4,500. The mysterious group reportedly has 1.2 million ETH tokens. Ethereum remains strong with ETF inflows despite the selloffs. 7 Siblings, a mysterious group that’s been accumulating Ethereum ETH $4 622 24h volatility: 7.1% Market cap: $557.90 B Vol. 24h: $60.12 B for over five years, has started selling, according to Lookonchain. The market analytics firm wrote in an X post that 7 Siblings, with a total of 1.21 million ETH tokens, worth $5.6 billion at the…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The crypto pullback continues. In today’s video, Kyledoops shares what you need to wait for to confirm the low is in. ___________________________________________ 𝗙𝗘𝗔𝗧𝗨𝗥𝗘𝗗 𝗢𝗡 𝗧𝗛𝗜𝗦 𝗦𝗛𝗢𝗪 ⬇⬇⬇⬇⬇⬇ 🟩 𝗕𝗟𝗢𝗙𝗜𝗡 – 𝗧𝗿𝗮𝗱𝗲 𝗮𝗻𝗱 𝗴𝗲𝘁 𝗕𝗼𝗻𝘂𝘀 𝗥𝗲𝘄𝗮𝗿𝗱𝘀! 𝗡𝗼 𝗞𝗬𝗖! 𝗡𝗼 𝗩𝗣𝗡! ☑️ Trade and WIN an OMEGA Watch and more BONUSES! 👉 𝗦𝗶𝗴𝗻 𝘂𝗽: 𝗖𝗼𝗽𝘆 𝗞𝘆𝗹𝗲’𝘀 𝗗𝗶𝗮𝗺𝗼𝗻𝗱 𝗪𝗵𝗮𝗹𝗲 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗕𝗼𝘁!!! 🚨 Access to the Bot is EXCLUSIVE to those who sign up using Kyle’s link! ⚠️ Each Bot is LIMITED to just 500 people!…
Key Notes BitMine increased its equity program from $5B to $24.5B, representing a five-fold expansion for Ethereum purchases. Technical analysis shows ETH breaking above $4,500 for the first time since 2021 with bullish momentum indicators. The firm currently holds over 1 million ETH worth $5B, making it the largest corporate Ethereum holder globally. Ethereum BTC $120 162 24h volatility: 1.2% Market cap: $2.39 T Vol. 24h: $46.62 B price traded as high as $4,515 on Binance on Tuesday, Aug. 12, rising 6.31% in its largest single-day gain since July 10.…
Altcoins added to their rally during late Tuesday U.S. afternoon hours after Treasury Secretary Scott Bessent suggested the Federal Reserve should consider a 50 basis point rate cut at its upcoming September meeting. “The real thing now to think about is should we get a 50 basis-point rate cut in September,” Bessent told Fox News. Bessent added that the Fed could have cut rates in June if it had been given accurate data, which he described as a “foundational issue” at the central bank. Markets had already about fully priced…