Tag: Ethereum

Weekly NFT sales rise to $85.9m, Ethereum network leads the pack

The non-fungible token market has undergone a 10.10% surge in sales volume in the last seven days. The present data acquired from Cryptoslam shows that NFT sales volume surged in the last seven days and stands at $85.97 million. The numbers are higher in comparison to the weekly NFT sales in the last two weeks of September. In addition to the rise in NFT sales volume, there has been a 21.73% surge in NFT buyers. As per the latest data, NFT buyers rose to 794,763, and the NFT sellers came down to…

Ethereum ICO Participant Offloads 6,000 ETH As Bearish Sentiment Intensifies

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According to data from CoinMarketCap, the price of Ethereum slipped by 10.23% over the last seven days in line with the general market negative movement. This crypto market downturn has been attributed to multiple factors including heightened geopolitical tensions in the Middle East and rising liquidations of long positions.  While Ethereum has experienced some rebound in the last day gaining by 3.21%, investors remain uncertain of a full price recovery with bearish sentiments raving through the market. Notably, an Ethereum ICO participant has now sold off a substantial amount of…

Ethereum Inflation Surge Casts Doubt On “Ultrasound Money” Claim: Report

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Este artículo también está disponible en español. According to the latest Binance Research report, the Ethereum (ETH) issuance rate continued to rise in September 2024, raising concerns about the digital asset’s “ultrasound money” claim. Ethereum Issuance Rate Continues To Surge In its October 2024 Monthly Market Insights report, Binance Research highlighted that the ETH issuance rate continued its ascent in September, moving away from its previously deflationary status. Related Reading The second largest digital asset by reported market cap had a 30-day annualized inflation rate of approximately 0.74%, a level…

Ethereum Solo Staking Made Easier? Vitalik Buterin Supports Lower Entry Requirements

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Este artículo también está disponible en español. Ethereum (ETH) co-founder Vitalik Buterin advocates reducing the ETH solo staking requirement to lower the entry barrier and promote greater network decentralization. Buterin Sees 32 ETH Requirement As A Barrier Responding to Ethereum educator Anthony Sassano on X regarding solo staking, Buterin expressed concern that the current 32 ETH requirement presents a bigger obstacle than bandwidth limitations. Related Reading For those unfamiliar, solo staking on Ethereum requires an individual validator to stake at least 32 ETH – approximately $75,200 at the current market…

Over 1.8 Million Addresses Bought 52 Million ETH At $2,350: Will Ethereum Continue Falling?

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Este artículo también está disponible en español. Ethereum is down when writing, mirroring the general performance across the board. The nearly 2% drop in the crypto scene is due to the contraction of Bitcoin, Ethereum, and top altcoins. At present, the total market cap is down to $2.17 trillion. It could post even more losses should bears press on, reversing the gains of September. Ethereum Under Pressure, Will $2,350 Offer Support? In the last week alone, CoinMarketCap data shows that Ethereum is down 10%, pushing losses below $2,400, a former…

Ethereum Price Next Move Hinges on Clearing This Crucial Hurdle

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Este artículo también está disponible en español. Ethereum price extended its decline below the $2,350 level. ETH is now recovering from losses and faces a major hurdle near the $2,300 zone. Ethereum declined further and traded below the $2,350 zone. The price is trading below $2,400 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,400 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,400 and $2,420 resistance levels to start a decent increase in…

Crypto Capo Returns After 2 Months To Predict Ethereum Decline To $1,800, Is It Time To Go Long?

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Este artículo también está disponible en español. Popular crypto analyst Il Capo of Crypto has returned to social media platform X after over two months of hiatus to drop an interesting outlook for Bitcoin and Ethereum in the coming months in light of the recent correction since the beginning of October. The analyst, which has been so big on a looming altseason since the beginning of the year, has revealed a bearish outlook for Bitcoin and even Ethereum (king of altcoins) in the short term. Known for his sometimes controversial…

Bitcoin And Ethereum Addresses Shrink In 2024

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Este artículo también está disponible en español. The cryptocurrency market is presently experiencing a substantial decline, as both Bitcoin and Ethereum have experienced a substantial decrease in active addresses. This trend, which has persisted throughout 2024, has triggered apprehension regarding the future of these prominent cryptocurrencies. The implications for market dynamics could be profound as investor enthusiasm diminishes. Related Reading Declining Active Addresses According to the latest stats from CryptoQuant, Bitcoin’s active addresses have contracted by about 1.17 million to 855,000, whereas Ethereum has reduced by about 382,000 to 312,000.…

Crypto expert predicts these 4 altcoins will surpass Ethereum and Bitcoin by 2026

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto analyst forecasts these four altcoins to surpass Bitcoin and Ethereum within 3 years. A seasoned crypto analyst reveals a surprising forecast: four altcoins are on track to outperform Ethereum and Bitcoin within the next three years. This article will delve into which digital currencies are poised for significant growth and could potentially shake up the market leaderboard by 2026. Stay tuned to discover the future high-flyers in the…