Bitcoin has been showing notable correlation to the stock equities recently, but data shows Ethereum is charting a more independent path. Bitcoin & Ethereum Showing Different Degrees Of Correlation To Other Assets In a post on X, the institutional DeFi solutions provider Sentora (previously IntoTheBlock) has talked about how the latest Correlation Matrix has looked between the two largest cryptocurrencies, Bitcoin and Ethereum, and traditional markets. The “Correlation Matrix” here refers to an indicator that tells us how closely tied together the prices of two given assets currently are. When…
Tag: Ethereums
Ethereum’s’ Mega Whales’ Accumulation Double That Preceded 95% ETH Rally In 2022
Key takeaways: Ethereum mega whales have increased their holdings by 9.31%, a stronger buildup than before the 2022 rally. ETH is consolidating inside a bull pennant, with a breakout potentially targeting $3,400 by August. Ethereum wallets holding at least 10,000 Ether (ETH) are ramping up accumulation faster than before the 95% rally in mid-2022. Ether whales reclaim the most supply since 2020 The total ETH held by these “mega whales” recovered to over 41.06 million ETH as of July 7 from 37.56 million ETH—a record low—in October 2024, according to…
Whale Buys $113M ETH Dip — Is This Ethereum’s Bottom?
Key Notes A newly created wallet withdrew over 50,000 ETH from Binance recently. Crypto community speculates that Ethereum has already reached its bottom. Market sentiment and crypto liquidations remain in the bearish zone. ETH $2 266 24h volatility: 0.3% Market cap: $273.47 B Vol. 24h: $25.08 B experienced a sharp shift in direction, from tokens flowing into centralized exchanges to notable outflows. A newly created anonymous crypto wallet withdrew a total of 50,256 ETH, worth roughly $113 million, from Binance, the largest cryptocurrency exchange by trading volume, over the past…
Ethereum’s $4K Target Within Reach, Here’s What Needs to Happen First
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The crypto market has been experiencing a rebound during today’s session with Ethereum showing strong momentum. The second largest crypto by market cap has been trending sideways displaying an increasing selling pressure on higher timeframes, but…
Ethereum’s Realized Price Hints at a Market Reset, What Traders Should Know
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’s volatility narrows as institutions stack up ETH
Ethereum’s price is consolidating near $2,500 as institutions quietly ramp up their exposure to ETH. As of press time, Ethereum (ETH) is trading at $2,492, down 0.9% over the last day. The price is close to the lower end of its recent 7-day range between $2,419 and $2,666 and. Market activity appears to be picking up steam despite the slight decline. Ethereum’s 24-hour trading volume has increased by more than 25% to $11.42 billion, indicating a resurgence of investor interest. In line with this, Coinglass data shows that derivatives volume…
Ethereum’s ‘candle-to-candle’ twin structure from 2017 makes case for $6K ETH price
Key takeaways: A gold-like five-point breakout structure is making a strong case for an Ethereum price boom. Ethereum is also repeating its 2016–2017 fractal and could rally to $5,000–$6,000 if the pattern holds. Fading Solana hype and rising institutional inflows are boosting Ethereum’s fundamental strength. Gold fractal furthers Ethereum’s bull case A multi-year gold fractal is making a strong case for an Ether (ETH) price rally toward $6,000 in the coming months. A side-by-side comparison of ETH and gold charts shows Ethereum mirroring gold’s multi-year accumulation structure from 2019 to…
Wintermute’s ‘CrimeEnjoyor’ to flag Ethereum’s wallet-draining contracts
Ethereum users will be warned of a new attack capable of draining their wallets, as crypto market maker Wintermute says it has created code that injects a warning into verified malicious contracts. Wintermute’s code, dubbed “CrimeEnjoyor,” prints a warning within malicious Ethereum contracts that are “designed to auto-sweep funds” from wallets with leaked private keys, it said in a May 30 X post. The warning reads that the malicious contract “is used by bad guys to automatically sweep all incoming ETH” and prominently warns to “NOT SEND ANY ETH.” Wintermute’s…
Ethereum’s 50% rally setup vs. Bitcoin sparks altseason hopes
Key takeaways: Ethereum is forming bullish cup-and-handle and bull flag patterns against Bitcoin, signaling a potential 30–55% upside. Analysts say an ETH/BTC breakout could trigger a major altseason, similar to those in 2017 and 2021. Historical altcoin market patterns suggest potential for a 250x rally in 2025 if trends repeat. Ethereum’s native token, Ether (ETH), is forming at least two classic bullish patterns versus Bitcoin (BTC), fueling optimism that a breakout could trigger the next altcoin season. Ether indicators hint at 30-55% rally next The Ether-to-Bitcoin ratio (ETH/BTC) is forming…
Best Crypto to Buy Now as Ethereum’s Momentum Builds with Strong Futures and Network Growth
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum has struggled to sustain the all-important $2.5K level. It’s currently trading in a tight zone between $2.75K and $2.4K ever since May 10. It’s worth noting that even after the recent 9% decline in $ETH’s…