Justin Sun recently withdrew 52,905 ETH from Lido Finance, an amount valued at approximately $209 million. This withdrawal adds to his earlier transactions in Ethereum, and there's speculation that his activity could potentially impact the ETH market.
Ethereum is expected to reach a new all-time high in the first quarter of 2025, according to analysts.
Tron founder Justin Sun has sparked speculations in the market with his recent plan to acquire around 53K ETH. Notably, this comes as the Ethereum price flirted near the $4,000 mark, with a surge of nearly 2% in its last 24-hour value.
The cryptocurrency market has achieved a new high by hitting a market capitalization of over $3.7 Trillion. With this, Bitcoin price today has achieved a new all-time high of $106,488.25 during the early Asian market hours. This highlights a strong bullish sentiment in the crypto space.
Ethereum spot exchange-traded funds (ETFs) are witnessing unprecedented investor interest, with a record $855 million net inflow during the week of December 9–13, 2024. The post ETH Spot ETFs Hit ATH of $855M, BlackRock ETHA Sees $523M Inflows appeared first on Cryptonews.
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The cryptocurrency market witnessed a significant upswing on December 16, with Bitcoin (BTC) hovering around $105K at press time. Earlier, BTC reached an all-time high of $106,400. The broader market followed suit, as major altcoins, including Ethereum (ETH), XRP, and Solana (SOL), recorded steady gains.
Ethereum price started a decent increase above the $3,900 zone. ETH is consolidating gains and might aim for a move above the $4,000 resistance zone.
An outspoken crypto researcher reckons the intersection of artificial intelligence (AI) and crypto will be Ethereum's (ETH) undoing.
Over the past few days, Ethereum's (ETH) price has oscillated within a narrow trading range. This mirrors the broader cryptocurrency market trend, which is in a consolidation phase.
Bitcoin bulls are attempting to push BTC price above teh $104,088 all-time high, and charts suggest ETH, LINK, AAVE and BGB will be the first to breakout.
European banking giant Societe Generale has successfully completed a collateralized market transaction using tokenized bonds issued in 2020 on the Ethereum (ETH) blockchain. Tokenized bonds are a digital representation of traditional bonds that can be held and traded on a blockchain.
The price of GOUT has surged over 70% as Ethereum shows signs of reclaiming the $4,000 level. According to CoinGecko data, the price of GOUT has pumped from a 24-hour low of $0.0003233 to as high as $0.
Asset management titan BlackRock's head of exchange-traded funds (ETFs) reportedly says that demand for Bitcoin (BTC) and Ethereum (ETH) ETFs is only just beginning to scratch the surface.
Ethereum liquid restaking TVL surged 6,000%, hitting $17.26B by December 2024. Ether.fi leads the market with a 50% share, holding over $9B in restaked assets.
Ethereum is making another attempt to break above the $4,000 level as it edges closer to its all-time highs. Despite its strong fundamentals, doubts linger in the market regarding Ethereum's performance this cycle, with some expecting it to underperform amid stiff competition from other blockchain ecosystems.
In early Sunday trade, Bitcoin, Ethereum and the rest of the crypto market saw profit-taking, with about $252 million reported in crypto liquidations.
Hedge funds have set a new record for shorts against Ethereum on the Chicago Mercantile Exchange (CME), driving these positions to an all-time high.
The crypto market is buzzing again with optimistic forecasts for Ethereum. While Bitcoin recently reached historical highs, analysts predict that Ether could follow suit and break new records as early as the first quarter of 2025.
Ethereum's market activity is surging - will this momentum lead to a breakout, or is a correction on the horizon?
Crypto options platform Derive says the chances of Ethereum (ETH) hitting $5K by Dec 27 is less than 10%, falling from previous projections. The altcoin leader continues its sideways trading despite glimpses of a forward run through multiple resistance.
A recent Binance Research report, "The ETH Value Debate," delves into Ethereum's shifting role in the cryptocurrency market.
Following the approval of the US-based spot Bitcoin exchange-traded funds (ETFs) in January 2024, the crypto crowd felt it was only a matter of time before other similar products received the green light. Barely six months after the BTC ETF trading debuted, the Ethereum exchange-traded funds were also launched in the United States.
According to data issued by the national tax enforcer, the adoption of solana and ether is growing in Brazilian markets. Ether's utilization increased significantly, having registered 950,000 transactions moving over $165 million – a relevant increase compared to last year's October numbers, when it scored 600,000 transactions and transferred nearly $40 million.
While liquid restaking provides more utility for staked tokens, it also comes with its own risks, like the depegging and price volatility for derivative tokens.
Following a market rebound, Ethereum (ETH) has shown only sideways movement in the past few days as the battle to break beyond the $4,000 price region continues. While investors continue speculating on the asset's next movement, the recent development of a new support region hints at a continued upward trajectory.
Analysts predict Ethereum could reach $8,800 in Q1 2025. Ethereum typically catches up to Bitcoin after halving cycles.
Ethereum, the second-largest cryptocurrency by market capitalization, is grabbing headlines as analysts and experts predict a potential parabolic rally on the horizon. With bullish sentiment building in the crypto market and Ethereum's fundamentals remaining robust, many investors are eagerly watching to see if the digital asset can reclaim its former glory.
VanEck has forecasted that Bitcoin, Ethereum, and Solana will hit new all-time highs in 2025, driven by several key factors.
The Ethereum network has recently witnessed a resurgence in activity, with new wallet addresses hitting an eight-month high. On-chain data shows that an average of 130,200 new Ethereum addresses are being created daily in December, a level of network activity not seen since April.
Ethereum shows strong support at $3,700-$3,810, bolstered by 8-month high network growth and bullish technical indicators.
Transaction fees on the Ethereum network have reached a nine-month high, totaling 67 million dollars per week.
Ethereum price today trades at as of . The drop comes after ETH hit a daily high of after % move on.
The price of Ethereum (ETH) resumed its uptrend on December 11 after rising above the 21-day SMA. ETH price analysis by Coinidol.com.
Ethereum may climb to $8,800 in early 2025 as bullish indicators emerge from a crypto market reset. Analysts highlight reduced leverage and a surge in new wallet creation as key drivers behind the potential rally.
Over the past week, non-fungible token (NFT) sales grew by 16.27% compared to the previous week, totaling $224.41 million across 22 different blockchains. Pudgy Penguins Lead NFT Charge, BNB Chain and Blast Show Growth Between Dec. 7 and Dec. 14, NFT sales climbed 16.27%, hitting $224.41 million.
Ethereum, valued at $468 billion, traded within an intraday range of $3,851 to $3,957.89 on Dec. 14, 2024, reflecting a 20.2% drop from its peak of $4,878.2 on Nov. 10, 2021. Ethereum The daily chart reflects ethereum's ongoing consolidation, with a peak at $4,096.6 marking the recent high of an uptrend that began at $3,014.5.
Ethereum has melted up the price charts on popular crypto exchanges, but not like Bitcoin has so far this 4-year market cycle. Will it be Ether's turn next in December and January?
Ethereum is attempting to break above the critical $4,000 level as it edges closer to its all-time high. The market has shown skepticism regarding Ethereum's performance in this cycle, with some analysts predicting it might underperform compared to previous bullish phases.
On Friday, the 12 spot bitcoin exchange-traded funds (ETFs) hit another high note, pulling in $428.98 million during the day's trading session. Meanwhile, nine spot ether ETFs added $23.61 million to their tally.
According to on-chain analytics platform Santiment, Ethereum is seeing the highest level of network growth since April as its price attempts to reclaim the $4,000 mark. Notably, 130,200 new ETH wallets were created per day in December, the highest since April.
Ethereum ETFs have had inflows in the last 16 consecutive days, breaking a personal record. The net inflow on Friday, Dec. 14 stood at over $23.6 million, bringing the total amount since inception to over $2.26 billion.
Ethereum has factored in a modest price increase of 0.94% in the past day and is attempting to hit $4K. The altcoin's daily trading volume has dipped by 20.90% as per CMC data.
The price of Ethereum recorded an overall decline of 2.08% in the past week in line with the general performance of most altcoins. While the prominent cryptocurrency struggles to make any significant breakout past $4,000, certain developments on its underlying network have drawn investors' attention.
Majestic yesterday, shaken today: Ethereum, once king of crypto, wavers under the assault of triumphant altcoins. Dencun was merely a balm on an open wound.
Ethereum's leveraged short position on the Chicago Mercantile Exchange (CME) has reached an all-time high, indicating a strong bearish sentiment in the market. The record leveraged shorts happened as open interest in Ethereum futures on the CME reached a record high of over one million ETH.
Renewed demand from ETH investors and slower ETH supply are network dynamics that could cause the asset to trade above $5,000 in the near term.