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.
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.
Ethereum (ETH) price has fallen below the moving average lines but has found support above the 50-day SMA. Cryptocurrency price analysis brought by Coinidol.com.
In a recent analysis, crypto analyst Justin Bennett provided insights into how low the Ethereum price could drop by the end of December. This came as the analyst revealed that buyers need to step or ETH could enter next week with a bearish outlook.
Real Vision's crypto analyst Jamie Coutts is outlining the major trends that the cryptocurrency industry is likely to witness in 2025. Coutts says on the social media platform X that the decentralized finance (DeFi) sector could go up by between 4x and 5x as a result of the traditional finance (TradFi) sector entering the space.
Ethereum has once again failed to reclaim the critical $4K resistance level, leading to a notable decline in price. However, the cryptocurrency has now reached a significant support zone, where a rebound followed by consolidation is anticipated.
This weekend, data confirms that more than 4.5 million ether (ETH) have been burned on the Ethereum network since Aug. 5, 2021, marking the implementation of Ethereum Improvement Proposal (EIP)-1559. The Great Ethereum Burn Approximately three years and four months have passed since the London hard fork was activated, and during that time, 4,523,479.
Some investments attract more attention than others in the crypto universe. This is the case with World Liberty Financial (WLFI), a project backed by members of the Trump family, which has just made a strong move with a $2.5 million investment in Ethereum via Cow Protocol.
The Ethereum (ETH) price outlook has been on investors' radars for a while. Amid this sentiment, the cryptocurrency has rallied above $4,000 and, at one point, decreased below $3,200.
An expert claims that the recent Ethereum price crash was the last one and that the next phase includes an exponential bull rally that propels ETH to five digits. Amid the recent drop, whales seem to have accumulated Ether at a discount.
Buyers are trying to restore the lost initiative, according to CoinMarketCap.
Amid yesterday's crypto market slump, the US Securities and Exchange Commission (SEC) approved the first-ever dual Bitcoin (BTC) and Ethereum (ETH) index exchange-traded funds (ETFs) from Franklin Templeton and Hashdex. The ETFs are scheduled for launch in January 2025.
Ethereum surges 8.5% to $3,474, with predictions pointing to $14,600 by 2025. Is Ethereum ready for five-digit growth? The post Ethereum Growth – Are Five-Digits Next in 2025? appeared first on Cryptonews.
Ethereum (ETH) has been struggling with the $4,000 price level for months now. Since March 2024, it's been rejected at this point three times. Right now, it's sitting at $3,475, and while that's a slight improvement, ETH has still dropped 24% over the past few days—from $4,087 to $3,097.
Ethereum whales withdrew 17,698 ETH valued at $61.66 million, accelerating price recovery. With prices nearing $4000 and renewed institutional activity, market sentiment remains bullish as analysts predict further gains.
Due to yesterday's crypto market rout, Ethereum (ETH) has now faced rejection at the key $4,000 resistance level for three times since March 2024. The second-largest cryptocurrency by reported market cap is now trading at the $3,400 level, down 6.7% in the past 24 hours.
Ethereum (ETH) has shown signs of recovery following a sharp market downturn, with significant whale activity that saw large Ether holders have been making withdrawals from exchanges. After experiencing declines exceeding 15% following the Federal Reserve's rate cut decision for 2025, Ethereum appears to be finding stability near the $3,400 level.
Pudgy Penguins, LilPudgys, Azuki and Doodles topped last week's charts as the best-performing collections.
The crypto market continues to show signs of growth and adoption, particularly with the significant increase in demand for stablecoins on Ethereum's layer 2 networks. According to a recent report, Ethereum's layer 2 networks now hold over 13.5 billion dollars in stablecoins, a new historical record.
Ethereum whales have turned active once again as the ETH price dipped all the way to $3,100 levels. The massive withdrawals from the crypto exchange Binance show that big players are confident of ETH's future rally despite recent volatility.
Crypto analyst Rekt Capital says that Ether could keep consolidating between the $3,000 and $4,000 range, though a pullback to $3,000 isn't entirely out of the question.
World Liberty Finance, a prominent crypto initiative backed by the Trump family, has significantly increased its Ethereum (ETH) holdings through a strategic purchase of $2.5 million worth of the cryptocurrency. On December 20, 2024, the project acquired 722.213 ETH using Cow Protocol at approximately 6:54 UTC+8.
Bitcoin and Ethereum face volatility after $2.63B options expiry, with prices below key levels.
Story Highlights The Ethereum price today is . ETH price with a potential surge could hit $4,332 this year. The price of Ethereum could reach a high of $15,575 by 2030. The cryptocurrency market has experienced a strong bearish pullback in 48 hours.
The cryptocurrency market is facing a significant event, with over $2.6 billion in Bitcoin (BTC) and Ethereum (ETH) options contracts set to expire. This large volume of expiring options has the potential to trigger short-term price volatility for both assets, particularly as both Bitcoin and Ethereum have recently seen declines.
Ethereum (ETH), the world's second-largest cryptocurrency by market capitalization, is poised to continue its upside momentum following a notable price decline in recent days. This bullish speculation is driven by investors and long-term holders who have recently been buying the dip in ETH. Crypto Whales Adds $28.
World Liberty Financial, a DeFi project backed by Donald Trump's family, went on a $2.5 million Ethereum buying spree after the crypto market took a nosedive caused by the recent Federal Reserve rate cut.
Ethereum drops 12.44% in seven days, breaking below $3,500 Major whales deposit over $370M worth of ETH to exchanges Technical analysis suggests possible test of $3,000 level
Bitcoin experienced a sharp decline, falling to $94,000 from its peak of over $100,000. As the market struggles with a change in momentum, a retracement is looming on the horizon.
The Ethereum (ETH) price's post-US Federal Reserve meeting rollercoaster continued on Friday with prices crashing as low as the $3,100 area before covering sharply to just above $3,400. The post Is the Ethereum Price Crash Over? Here's Where Its Headed Next appeared first on Cryptonews.
The U.S. Securities and Exchange Commission (SEC) has approved two innovative exchange-traded funds (ETFs) that could change the landscape of crypto investing. The Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF are the first of their kind, combining spot Bitcoin and Ethereum into one investment vehicle.
Maker (MKR) is drawing significant attention from investors as Ethereum (ETH) shows strong growth, setting the stage for a potential rally in MKR. Following a breakout from a long-term downtrend, MKR is positioning itself for a possible climb toward $5,000 by 2025.
Cryptocurrency markets saw volatile trading on Friday despite growing interest in spot ETFs. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,108.38 +0.3% Ethereum (CRYPTO: ETH) $3,462.57 +2.6% Solana (CRYPTO: SOL) $190.13 -1.3% XRP (CRYPTO: XRP) $2.27 +2.5% Dogecoin (CRYPTO: DOGE) $0.3152 +0.9% Shiba Inu (CRYPTO: SHIB) $0.00002172 +0.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 4.6% and daily active addresses falling by 0.3%.
The cryptocurrency market is witnessing signs of recovery, with Solana ($SOL) and Ethereum ($ETH) showing promising reversal patterns. Meanwhile, Altura ($ALU) is gaining momentum, preparing for a bullish breakout that could solidify its position as a multibillion-dollar project.
The crypto market witnessed the sharpest declines in months as Bitcoin crashed to lows of $92k on December 20, 2024. However, the flagship cryptocurrency was back at $97k at the time of writing. Meanwhile, Horizen price led top gainers as Ethereum and XRP flipped positive after crashing to key support levels.
Bitcoin's (CRYPTO: BTC) sell-off on Friday saw prices dip below $93,000, but Bitwise CIO Matt Hougan argues that the current pullback is a “hiccup” rather than a trend reversal. Hougan sees strong underlying factors including regulatory tailwinds, institutional adoption and Bitcoin purchases by governments as structurally bullish factors for Bitcoin.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Strong price performance and staking could propel Ether ETF inflows in 2025, analysts say.