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.
Ethereum faced a major rejection at $4000 and this has happened for the 3rd time in 2024, raising concern for the next price action. The markets are heading towards the end of the yearly trade but the price of the second-largest token continues to juggle within a narrow range.
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.
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.
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.