Tag: Ethereum

Ethereum Price Takes a Plunge: Can Bulls Step In?

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Este artículo también está disponible en español. Ethereum price extended losses and dropped below the $3,680 zone. ETH is down over 7% and is showing bearish signs below the $3,550 level. Ethereum started a fresh decline below the $3,680 zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,650 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it fails to stay above the $3,650 support…

Ethereum Smart Contracts Are Being Reimagined by Lightchain AI Ecosystem

PRESS RELEASE. Lightchain AI is making waves in the blockchain and crypto space, quickly amassing nearly $3 million in their groundbreaking token presale initiative. But they’re not stopping there. This innovative project has its sights set on redefining how Ethereum ERC20 smart contracts operate, introducing a game-changing approach that promises to revolutionize the blockchain industry. […] Source CryptoX Portal

Ethereum To Outpace Solana In 2025, Bitwise CIO Asserts

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Este artículo también está disponible en español. As 2025 draws near, market experts are talking a lot about how much Ethereum and Solana are competing with each other. Both cryptocurrencies have grown by leaps and bounds in 2024, nevertheless, perspectives vary on which will finally prevail in the altcoin industry in the forthcoming year. Related Reading The Swift Ascendancy Of Solana Solana’s outstanding numbers have attracted interest. It outperformed Ethereum in several important benchmarks in December, including application income and decentralized exchange (DEX) volume: Solana brought in about $141 million…

Ethereum Sentiment Hits 1-year Low, Analyst Foresees 30% Run

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Este artículo también está disponible en español. Sentiment for Ethereum (ETH) has reached its lowest levels in a year as the second-largest crypto by market capitalization struggles to reclaim the $4,000 mark. Despite investors’ sentiment, some analysts suggest that the King of altcoins is about to kickstart its bullish run to new highs. Related Reading Ethereum Sentiment Drops To Yearly Low According to crypto analyst Ali Martinez, Ethereum social sentiment has hit a one-year low amid its struggle to turn the $4,000 resistance into support. Per the post, this metric…

7.8M Ethereum Leaves Binance In Two Months—What Does This Mean for ETH?

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The Ethereum market has recently seen a notable shift, with significant outflows from centralized exchanges sparking discussions about the near term trajectory of the cryptocurrency. Amid this, Ethereum has recorded a 2.4% decrease in the past 24 hours with a current trading price of $3,858, marking a 21.1% decrease away from its all-time high of $4,878 seen in 2021. Ethereum Withdrawals from Binance Surpass 7.8 Million ETH Data from CryptoQuant reveals that approximately 20.8 million ETH have been withdrawn from centralized exchanges in the past two months, a trend reminiscent…

Ethereum Price Falls 5%: Correction or Start of a Bigger Slide?

Ethereum price started a sharp decline below the $3,880 zone. ETH is down over 5% and is showing bearish signs below the $3,680 level. Ethereum started a fresh decline below the $3,800 zone. The price is trading below $3,680 and the 100-hourly Simple Moving Average. There is a new connecting bearish trend line forming with resistance at $3,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it fails to stay above the $3,550 support zone. Ethereum Price Dives Below $3,800…

Ethereum On-Chain Demand Should Sustain ETH Above $4,000, IntoTheBlock Says

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Este artículo también está disponible en español. The market intelligence platform IntoTheBlock has revealed how Ethereum has built up strong on-chain demand zones that should keep it afloat above $4,000. Ethereum Has Two Major Support Centers Just Below Current Price In a new post on X, IntoTheBlock has discussed about how the on-chain demand zones for Ethereum are looking right now. Below is the chart shared by the analytics firm that shows the amount of supply that the investors bought at the price ranges near the current spot ETH value.…

Ethereum Sees Net Outflows On Spot Exchanges—Is a Major Price Rally Coming?

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Ethereum spot ETF net inflow reaches $145m

Ethereum spot ETFs witness increased institutional interest, recording a $145 million net inflow. According to statistics from SoSoValue, Ethereum (ETH) spot ETFs had a notable net inflow of $145 million on Dec. 17, indicating growing institutional trust in financial instruments backed by Ethereum. With a notable $135 million inflows on the day, BlackRock’s ETHA topped the inflows and now has the most net inflow of Ethereum spot ETF at $3.365 billion. With a net influx of $4.45 million, Grayscale’s ETH, a major participant in the ETF market, increased its previous…

Ethereum Spot ETFs Witness Unbroken 16-Day Inflow Streak: New ETH ATH Soon?

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Este artículo también está disponible en español. Ethereum spot exchange-traded funds (ETFs) have logged 16 consecutive days of positive daily inflows, renewing optimism for ETH’s potential new all-time high (ATH) in the coming weeks. However, for ETH to reach this milestone, it must surpass the critical resistance level of $4,000. Ethereum Spot ETFs Attracting Consistent Inflows According to data from SoSoValue, Ethereum spot ETF inflows have remained consistently positive since November 22. The cumulative net inflows total $2.32 billion, with a significant $1.5 billion added between November 22 and December…