Ethereum (CRYPTO: ETH) has dropped 17% in the past week, but analysts and traders suggest this could be a setup for a significant rally in 2025, fueled by increased investor interest and key bullish metrics. What Happened: Lookonchain posted on X on Dec. 23 that North Korean hackers suffered a $458,000 loss after betting on an Ethereum price increase.
TL;DR Ethereum shows bullish signals despite the recent market correction, supported by indicators suggesting a positive outlook for the coming days. Key factors like the high Estimated Leverage Ratio and moderately positive funding rates indicate sustained confidence and room for further growth. ETH funds continue to rise, indicating strong confidence in the asset's future.
If you're an Ethereum (ETH -1.18%) investor, the good news is that the world's second-largest cryptocurrency is up an impressive 50% for the year. Ethereum recently broke through the $4,000 price level and, even with a recent pullback, is within striking distance of regaining its all-time high of $4,891 from November 2021.
Mike Ippolito of Blockworks sees a resurging Ethereum (CRYPTO: ETH), an evolution for Solana's (CRYPTO: SOL) and the expanding role of stablecoins and AI as key trends in crypto in 2025. What Happened: In a thread on X on Sunday, Ippolito said he believes the U.S. will dominate the global crypto scene, with domestic conferences surpassing Asian counterparts in size and influence.
Mike Ippolito of Blockworks sees a resurging Ethereum (CRYPTO: ETH), an evolution for Solana's (CRYPTO: SOL) and the expanding role of stablecoins and AI as key trends in crypto in 2025. What Happened: In a thread on X on Sunday, Ippolito said he believes the U.S. will dominate the global crypto scene, with domestic conferences surpassing Asian counterparts in size and influence.
Ethereum price has retreated sharply in the past few days after finding substantial resistance at $4,000. Ethereum (ETH) traded at $3,340 on Monday as cryptocurrencies stabilized.
Last week, digital asset investment products continued to attract inflows, totaling $308 million. However, these inflows obscure one of the largest single-day outflows, recorded on December 19, with a total of $576 million. In the last two days of the previous week, global outflows reached $1 billion.
Ethereum (ETH) has experienced price fluctuations within the last seven days as it struggles to climb back to the $4,000 level. Despite Ethereum's obvious struggles, a rebound might be on the horizon for the leading altcoin.
Ethereum's funding rates, Estimated Leverage Ratio, and Korea Premium Index, among other metrics, paint a bullish outlook for ETH in the coming weeks.
Justin Sun reportedly cashed out 39,999 ETH, or $143 million, from the liquid staking platforms. Sun has sent 108,919 ETH to HTX at an average price of $3,674 since November 10.
After reaching their yearly highs, the prices of XRP and ETH have started developing corrections, forming descending structures. Signs of corrections ending but breakouts are awaited to confirm.
If you are into DeFi, you definitely have heard the term “Total Value Locked” before. It's basically a way to measure how much value is secured within the smart contracts of a blockchain. The higher the TVL, the more adoption a blockchain usually has in DeFi.
Ethereum's futures market signals ETH rebound as funding rate cools downs after recent correction.
A new week has started with bears putting the pressure on, according to CoinMarketCap.
Ethereum (ETH) whales have made significant moves in the market, purchasing 340,000 ETH over the past three days, valued at over $1 billion. This massive accumulation has fueled speculation among investors and analysts about the potential end of Ethereum's correction phase and the start of a market recovery.
Ethereum price returned above the USD 3,300 mark on Monday, a key support level for the last month. We discuss the odds of a reversal.
Tron founder Justin Sun has sold 50% of his Ethereum holdings, triggering a sharp drop in ETH prices. Crypto analysts warn of further market turbulence as Ethereum struggles to maintain critical support levels.
Ethereum (ETH) faced increasing sell pressure last week as crypto prices tumbled. The largest altcoin, on the verge of an uphill climb ahead of 2025, has plummeted beyond multiple resistance levels.
Investors who regret not purchasing Ethereum (ETH) at $0.66 in 2015 now have a chance to find similar ground-breaking cryptocurrencies ready for explosive expansion. Today, three altcoins show possible evocative of Ethereum's early years: Polygon (POL), TRON (TRX), and Rexas Finance (RXS).
After breaking its $4000 bottleneck, Ethereum is expected to rally toward $15,000 in 2025, potentially leading to an altcoin season. Rexas Finance, Aptos, and Cardano are among the leading altcoins to surge alongside Ethereum, each with solid fundamentals and market momentum to provide big rewards for investors.
As 2024 nears its conclusion, Ethereum price fluctuations are being closely monitored. The trajectory of the cryptocurrency is critically influenced by key resistance and support levels, as indicated by recent analysis from crypto experts, which suggests a cautiously optimistic outlook.
Tron founder Justin Sun has made significant Ethereum sales amid a sharp downturn in the cryptocurrency's price. Over the past seven days, Sun has sold 50% of his Ethereum holdings, valued at approximately $143 million, following Ethereum's rejection at the $4,000 level.
Ethereum whales accumulate, suggesting a potential market rebound despite recent declines. Technical indicators hint at price stabilization and a possible bullish breakout.
At the start of this year, the dominance of Ethereum was around 16.96%. In late February, it touched an yearly peak of 19.28%. In mid-May, it plummeted to a low of 15.42%. Just before the launch of Ethereum spot ETFs, it rebounded to a peak of 18.8% in mid-June.
This approval marks a significant step forward for the crypto world. As expected, both ETFs will initially hold Bitcoin (BTC) and Ether (ETH).
Sun's sell-off, meanwhile, follows a larger pattern of sell-offs as ETH prices have continued to drop since failing to overcome the $4,000 resistance level.
On December 23, pseudonymous analyst Marty Marty shared an analysis of the U.S. Dollar Index (DXY), highlighting its potential impact on financial markets, including cryptocurrencies. The DXY, which measures the strength of the U.S. dollar against a basket of major currencies, currently stands at 107.84.
Bitcoin (BTC) and other cryptocurrencies suffered a bloodbath over the weekend as markets dropped significantly. In just over 24 hours, BTC dropped from around $108,000 to its current level of $95,000, as the Fed's announcement about reducing rate cuts in 2025 hit the market hard.
The crypto market is feeling the heat of bearish momentum. Ethereum has had a rough week, and Justin Sun seems to be right in the middle of it. The Tron founder has been selling off his ETH holdings, and it's creating ripples in the market.
Tron founder Justin Sun has been heavily offloading his ETH holdings with Ethereum price crashing 17% following the rejection at $4,000. Over the past 7 days, Sun has offloaded another 50% of his holdings worth $143 million.
Ethereum price extended losses and dropped below the $3,550 zone. ETH is showing bearish signs and might decline further below the $3,150 level.
Cardano's Hydra boosts ADA past $1, positioning it as a scalable dApp hub and a potential challenger to Ethereum's dominance. #partnercontent
California men Gabriel Hay and Gavin Mayo were charged by the Department of Justice over a series of alleged NFT investment scams.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, recently experienced a significant price correction, dropping below $3,100 for the first time in 29 days. This marks a notable shift from its peak performance in December, when it reached this year's high of $4,106 on December 16.
Ethereum whales buy the dip as most metrics signal end of correction.
Ethereum educator and advocate Anthony Sassano has made a case for someone to lead a Bitcoin-like charge on behalf of the Ethereum community, similar to Microstrategy's Michael Saylor. He took to his handle on X (formerly Twitter) to ask if Ethereum would enjoy the same success as Bitcoin should a Saylor-like personality promote the token.
Amid a general crypto market price fall in the past week, Ethereum (ETH) recorded a price correction of over 19.5% finding support at a local bottom of $3,100. Since then, the prominent altcoin has only shown slight resilience rising by over 5% in the past two days.
Bitcoin (BTC -0.33%) continued to surge in value this year, maintaining its dominance as the largest and most valuable cryptocurrency on the planet. But looking ahead to 2025 and beyond, there's another cryptocurrency that could eventually rival Bitcoin's No.
A closely followed crypto analyst says that Ethereum (ETH) looks primed to surge against Bitcoin (BTC) as we enter the new year. In a new video update, crypto strategist Benjamin Cowen tells his 848,000 YouTube subscribers that based on historical trends, Ethereum should soon bottom out against the top crypto asset by market cap.
The Ethereum price has been a joy to watch in recent weeks after initially struggling to keep pace with other large-cap cryptocurrencies. However, the past week will be a quick one to forget for the crypto market, especially the altcoin, which declined in value by over 12%.
Ethereum may surge to $11,433 according to Block Subsidy and Mayer Multiple models. Key resistance at $3,555 defines near-term movement. Breakout ahead? The post Models Show Ethereum Promise Even After This Weeks 12% Decline appeared first on Cryptonews.
Anthony Sassano, a prominent Ethereum advocate and educator, posed an intriguing question on X (formerly Twitter) on Dec.
Ethereum has faced significant volatility over the past few days, with massive selling pressure emerging after the cryptocurrency failed to break above its yearly highs set earlier in December. This price action has left traders and investors questioning the next direction for ETH as it consolidates under critical resistance.
Ethereum is regaining its footing in the market with a strong recovery, drawing attention as it moves toward the critical $3,659 resistance level. This surge comes after a period of consolidation, during which ETH stabilized and built bullish momentum.
Ethereum accumulation address holdings have surged since August, outpacing its previous cycles.
Ethereum (ETH), the second-largest cryptocurrency by market value, is beginning to show signs of a promising recovery. After experiencing a significant drop in price, Ethereum is drawing attention from long-term holders and institutional investors, particularly whales.