Tag: ETH

Ethereum NFTs Dominate Sales, Trading Volume, and Market Cap as ETH Nears $4K

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Ethereum-based non-fungible tokens (NFT) collections took over the latest seven-day sales rankings, accounting for nine out of the top ten collections by total sales volumes.  On Monday, CryptoSlam data showed nine of last week’s top 10 collections by sales volume were Ethereum-based NFTs, including popular collections CryptoPunks, Pudgy Penguins, Moonbirds and Azuki. The only non-Ethereum collection in the top 10 was the Polygon-based Courtyard NFTs.  The surge in ETH-based NFT sales came as Ether (ETH) approached $4,000 mark. On Monday, ETH prices surged past $3,800, up nearly 27% from $3,000…

The Ether Machine to launch largest Institutional ETH Yield Fund

A team of crypto-native researchers and public market experts is preparing to launch what it calls the largest yield-bearing Ether fund targeting institutional investors. The company, called Ether Machine, plans to create a publicly traded vehicle offering institutional-grade exposure to Ethereum infrastructure and Ether (ETH) yield, it announced on Monday. It is co-founded by Andrew Keys, a former board member and head of global business development at Consensys, and David Merin, a former corporate development executive at Consensys who now serves as Ether Machine’s CEO. Ether Machine aims to “expand…

Ethereum Mirrors Stocks Chart as ETH Price Hints at Blow-Off Top Toward $8K

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Key takeaways: Ethereum could surge toward $8,000 as it enters the final phase of a long-term bullish pattern. The pattern is strikingly similar to Dow Jones’ bullish structure from 1980. Other indicators also hint at gains in Ethereum markets in the coming months. Ethereum’s native token, Ether (ETH), is on the verge of a “final surge” toward $8,000, said analyst Gert van Lagen, who pointed to a striking resemblance between ETH’s current structure and a Dow Jones (DJIA) trend. ETH pattern echoes 245% gains in 2022–2024 At the core of…

Ethereum Ramps to 18 TPS as ETH Eyes $4,000 Rally

Key Notes Nearly 50% of staked ETH validators support a move to raise the gas limit to 45 million. Ethereum’s transaction throughput climbed to 18 transactions per second, a 20% rise from previous levels. Following a 120% rebound from historical demand zones, ETH price is nearing the top of its macro trading range ($2,200–$3,900). On July 20, the Ethereum blockchain network saw an uptick in its throughput as more validators signaled support for raising the gas limit to 45 million units. This move aims to enhance scalability and reduce transaction…

Grok Roasts Crypto Rover’s Giveaway after ETH Hits $3,750

Key Notes Crypto Rover’s ETH giveaway went awry as Grok declined to select a winner. The influencer promised to do a $1,000 giveaway in case ETH broke $3,750. The AI pointed out ZackXBT’s investigation from last year. Apparently, artificial intelligence “doesn’t forget” bad history, unlike the crypto community, on-chain sleuth ZachXBT wrote. Crypto Rover, a famous influencer within the digital asset community, wrote in an X post on Sunday, July 20, to give away $1,000 in Ethereum ETH $3 758 24h volatility: 3.2% Market cap: $453.33 B Vol. 24h: $54.52…

ETH Tsunami Incoming: Firms Quietly Amass Mountains of Ethereum

Ever since Strategy, previously Microstrategy, began putting bitcoin ( BTC) into its company coffers, a significant number of other businesses have followed suit. Currently, various organizations are incorporating leading alternative coins into their financial holdings, and below is a glimpse at some of the entities acquiring large sums of ethereum ( ETH) this year. Crypto […] Source CryptoX Portal

Bitcoin, Ether Tipped For Upside As ETH Hits 7-Month High

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Key points: Bitcoin market participants expect a resistance trend line breakout, with nearby targets including $125,000. Attention continues to focus on altcoins while Bitcoin consolidates, with Ether reaching seven-month highs. Upside potential across altcoins remains, with many not yet copying Ether’s rebound, says the latest market commentary. Bitcoin (BTC) circled $118,500 into Sunday’s weekly close as traders waited for a new upside BTC price breakout. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Traders: Bitcoin price eyeing $125,000 breakout Data from Cointelegraph Markets Pro and TradingView showed BTC/USD heading higher after a trip…

James Wynn Opens $23M Leveraged Trades on ETH and PEPE via Hyperliquid

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James Wynn, a crypto trader known for his high-leverage crypto bets, has initiated two major leveraged positions, including a 25x long on Ether and a 10x long on PEPE. According to onchain data, Wynn’s Ether (ETH) position amounts to 3,269 ETH, valued at approximately $12.12 million, with an entry price of $3,726.28. His kPEPE (the name for the $PEPE-USD futures contract on Hyperliquid) long spans a staggering 812.16 million tokens, worth roughly $11.28 million at an average entry of $0.01358. At the time of writing, Wynn is sitting on a $251,617…

Crypto Weekly Wrap: Bitcoin Hits $123K, XRP and ETH Unleash Chart-Busting Comebacks

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The cryptocurrency market experienced a significant week, highlighted by bitcoin surpassing $123,000 on July 14, followed by a surge in altcoins, particularly ethereum, which saw double-digit gains. XRP also performed well, peaking at $3.66. Cryptocurrency Market Enjoys Milestone Week The cryptocurrency market once again had a milestone-setting week that started with bitcoin ( BTC) breaching […] Original

Bitcoin sets another new record for a second straight day: CNBC Crypto World

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s episode of CNBC Crypto World, bitcoin rises to a new all-time high above $113,000, building on its previous record reached just one day earlier. And, Karia Samaroo, the founder and former CEO of WonderFi, explains some of the factors that helped propel bitcoin to new records. Chapters: 0:00 – Introduction 0:24 – Bitcoin hits new record 1:57 – WonderFi founder Karia Samaroo For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV:…