Ethereum‘s (CRYPTO: ETH) underperformance has sparked fresh debate about its future, with crypto analyst Benjamin Cowen suggesting the cryptocurrency might have finally reached its lower logarithmic regression trend line. What Happened: In a video podcast on Feb. 5, Cowen, known for his data-driven approach, pointed out that Ethereum has reached a critical juncture.
The filing specifically mentions the Bitwise Ethereum ETF, Grayscale Ethereum Trust, Grayscale Ethereum Mini Trust, "and any trust that holds ether."
In a major move that has gained the attention of the crypto community, 19,037 ETH (worth over $53 million at current prices) has recently exited major crypto exchange Coinbase to a brand new Ethereum wallet.
Ethereum's price is yet to recover from the drop it has been experiencing lately. Therefore, more downside could be expected in the coming weeks.
Cardano's price has experienced a massive drop recently following the Ethereum crash. However, things are still looking more positive for ADA, compared to ETH.
With potential partnerships and network growth, will ADA recover, or is further downside inevitable?
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Ethereum's price has recently experienced a significant drawdown, dipping below the $3,000 mark. This crash has invalidated a key bullish pattern and caused some of the largest losses investors have seen in a long time.
Tron (TRX) and Cardano (ADA) have remained popular choices for investors looking for long-term blockchain projects with strong fundamentals. Tron's high-speed transactions and low fees have made it a go-to network for decentralized applications (dApps) and stablecoin transactions.
Ethereum Foundation Grant transfers 220.452 ETH to a multi-signature wallet.
Ethereum (CRYPTO: ETH) has exhibited a curious pattern of weakness over recent weeks, with Hyperliquid (CRYPTO: HYPE) being a notable beneficiary of this trend. What Happened: Lookonchain and pseudonymous crypto trader kirbyongeo highlighted the divergence in the performance of Ethereum and Hyperliquid relative to Bitcoin's (CRYPTO: BTC) repeated moves to $100,000.
According to experts, a continued ETH inflation could weaken Ethereum's security in the long run.
Bitcoin holders are finally gaining access to the decentralized apps and ecosystem “they've spent 15 years starving for," said the CEO of BTC OS.
The withdrawals from derivative exchanges coincided with inflows to spot exchanges, showing that traders are repositioning.
Cardano's lackluster performance has prompted its largest holders to reduce their trading activity over the past week. On-chain data reveals that ADA whales have gradually distributed their holdings over the past seven days.
The cryptocurrency market is a whirlwind of action. Once the golden child of altcoins, Solana is now battling a pullback after an explosive rally.
The crypto market is showing positive sentiment after a recent pullback. The prices of Dogecoin (DOGE) and Cardano (ADA) have risen on the chart. WiseCharts forecasts the value of DOGE could rise to $1.3 in the coming weeks. On the other hand, Cardano crypto bulls are fighting for a long-awaited return to $1.
The crypto market constantly searches for projects with the potential to deliver exponential returns.
Bitcoin (BTC) declined marginally to fall from $99,000 to its current level of $98,100. The flagship cryptocurrency is down over 2% in the past 24 hours as it struggles to build momentum.
The global cryptocurrency market cap is down by over $200 billion in the last seven days, while the altcoin markets have shed more than $20 billion from their total valuations within the last 24 hours.
MetaMask's Gas Station makes Ethereum swaps easier by covering fees directly. Ethereum's gas limit increase enhances network capacity and reduces congestion.
Charles Hoskinson, the creator of Cardano, is generating significant excitement in the crypto space with cryptic hints about major developments slated for February.
BlackRock made a major move by purchasing $276.16 million worth of Ethereum on Feb.4. The asset management giant BlackRock acquired approximately $276.16 million worth of Ethereum (ETH) on Feb. 4, as reported by Crypto Rover on X.
BlackRock's ETHA and Fidelity's FETH accounted for over 98% of the total exchange-traded funds inflows as the Ethereum ETF market closed green.
Ethereum is getting slightly bigger blocks as stakers have signaled to increase capacity from 30 million gas units to 36 million per block.
Ethereum (ETH) has been facing significant challenges recently, as its price experienced a volatile drop before bouncing back slightly. As of late, Ethereum has also been showing signs of weakening on-chain metrics, with its mean coin age and exchange netflows presenting mixed signals about the future.
Cardano's native token, ADA, has surged by an impressive 64% in just one day, marking a dramatic recovery following the recent turmoil in the crypto market. The price jump, which saw ADA rise from $0.50 to a local high of $0.82, signals a strong rebound from a market crash caused by external factors, including new tariffs introduced by former U.S. President Donald Trump.
There is still life in the altcoins. Ethereum (ETH) is suddenly up around 3%, while Trump (TRUMP) has just broken out of its downtrend and is up nearly 13% so far on Wednesday.
The US spot ethereum ETFs have bought $307 million worth of ethereum on Tuesday, a near record level since ETF trading began in July.
The finance industry association chief vows to list a crypto ETF in 2025 on the domestic exchange to satisfy the growing demand for digital assets among older investors.
Everyone seems to be hating on Ethereum (ETH) right now, but investors have been buying this dip in a very big way this week, said CoinShares Head of Research James Butterfill, citing data from fund flows into crypto-oriented exchange-traded investment products in the last 24 hours.
Ether and bitcoin ETFs enjoyed significant inflows on Tuesday, Feb. 4, as market momentum continues to pick up after a volatile start to the week.
ETH's price remains deep in the red on a monthly scale.
The gas limit sets the maximum capacity for transactions in each block. It has been increased to over 31 million gas units.
Ethereum's standing as a dominant smart contract platform is being questioned by many in the crypto space. While Ethereum achieved a 63% increase in 2024, it significantly lagged behind its competitors, raising concerns about its future and ability to maintain market leadership.
Ethereum experienced a 27% price crash followed by a 38% recovery on Monday, while 340,000 ETH left exchanges and ETF inflows remained positive, indicating potential for further price recovery despite short-term volatility.
MetaMask launched Gas Station to eliminate failed transactions due to insufficient gas fees, while Ethereum increased its gas limit to 36 million units, making the network more efficient.
The ETH/BTC ratio has plunged to lows of 0.027, as institutional investors demonstrate a clear preference for Bitcoin ETFs.
Amid the increasing crypto ETF inflows, the market sentiment is gradually improving. As the market bottoms out, will Ethereum (ETH) price break past the $3,000 mark for a price jump to $4,000?
ADA turned bearish this week as sellers took over the price action. Key Support levels: $0.73, $0.65 Key Resistance levels: $0.90 1.
The crypto market has just experienced a historic day, marked by a massive influx of capital into Ethereum. Indeed, the second largest cryptocurrency reached an all-time high of 38 billion dollars in daily trading volume, a threshold never crossed before.
Analysts pointed to the Ethereum network's Dencun upgrade in March last year as a cause for ether supply inflation.
Ethereum has recently increased its gas limit beyond 30 million for the first time since transitioning to proof-of-stake (PoS), a significant step forward in improving the blockchain's scalability. The gas limit, which governs how many transactions can be processed in each block, now stands at an average of 31.5 million gas units, with plans for further increases, potentially reaching 36 million gas units.
The blockchain ecosystem could soon witness an unexpected collaboration between Cardano (ADA) and Ripple (XRP).
The on-chain analytics firm Glassnode has revealed how the Ethereum futures market is still overheated despite the long squeeze that just occurred. Ethereum Open Interest Still Notably Above The Yearly Average In a new post on X, Glassnode has discussed about how the Ethereum futures market has changed during the past day.
For years, Ethereum users have struggled with failed transactions due to insufficient gas fees. MetaMask's new Gas Station eliminates this hassle by covering fees within the swap process itself.