TL;DR The proportion of long-term Ethereum holders increased from 59% to 75% in 2024, highlighting growing confidence compared to Bitcoin. The proportion of long-term Bitcoin holders dropped from 70% to 62%, impacted by sales during periods of market volatility and euphoria. Ethereum attracted more institutional interest, doubling net inflows into ETFs in December.
Anthony Sassano, a prominent Ethereum advocate and educator, shared his views on Dec. 30, 2024, regarding why he believes Bitcoin is less decentralized than Ethereum. In his post on social media platform X, Sassano detailed several points comparing the two blockchain networks.
Bitcoin (BTC) looks set to end 2024 below the $100,000 mark unless a major bump in price occurs before the year ends. The cryptocurrency spent most of the weekend hovering just above $95,000.
Ethereum (ETH) price is moving sideways, above the $3,200 support but below the moving average lines. Cryptocurrency price analysis brought by Coinidol.com.
According to a prominent whale trader, Ethereum (CRYPTO: ETH) could be positioned for a successful first quarter in 2025. What Happened: In a post on X on Sunday, pseudonymous whale trader Eugene Ng Ah Sio emphasized that Ethereum is poised to capitalize on the more pro-crypto environment in the U.S. following Donald Trump's election victory.
A crypto whale that participated in the initial coin offering (ICO) of Ethereum has reportedly been spotted sending nine figures worth of ETH to the crypto exchange Kraken this year.
Ethereum recently found stability at the $3K support region after facing substantial selling pressure, leading to a consolidation phase. A golden cross on the daily chart further signals the potential for a mid-term bullish rebound, suggesting optimism in the market's outlook.
As the crypto market prepares to close the year, the Ethereum price is showing strength against Bitcoin (BTC) as it aims for a mid-high timeframe reversal. A breakout above a critical resistance level could signal a potential shift in price action, paving the way for Ethereum's dominance and potential rally in Q1 2025.
Ethereum continues to face challenges as it struggles to reclaim the $3,500 level, a critical threshold for reaching $4,000.
Ethereum (ETH) has experienced a remarkable shift in its investor base throughout 2024, with long-term holders increasing steadily throughout the year. Data from IntoTheBlock reveals that by December 30, the proportion of ETH holders who have kept their assets for over a year surged to 75%.
Between December 23 and 27, Bitcoin spot ETFs shed almost $388 million in weekly outflows.
In 2024, Ethereum gained a lot of traction among long-term holders, with the percentage of these holders surpassing 75%.
Ethereum, which has seen a significant jump in long-term holders in 2024, could potentially rally to as high as $6,000 in Q1 2025, according to analysts. In a Dec.
Ethereum (ETH) is closing 2024 with a strong edge over Bitcoin (BTC) in terms of long-term holder growth, reflecting rising confidence in the asset as 2025 approaches. Data from IntoTheBlock revealed that the proportion of Ethereum holders who kept their tokens for over a year increased from 59% in January to 75.
Ethereum (ETH) has recently experienced a significant decrease in selling pressure, signaling a possible market recovery. Here are the four main reasons identified that explain this trend, and what it could mean for the future of the Ethereum cryptocurrency.
Throughout 2024, the number of long-term Ethereum holders has surged from 59% in January to 75% by December 30.
The research arm of Galaxy Digital is revealing its predictions for the two largest crypto assets in 2025.
ETH consolidates near $3,414, eyeing a breakout above $3,540. Can the second-largest crypto rally into 2025 with new highs on the horizon?
The launch of spot Bitcoin ETFs and spot Ethereum ETFs in the United States this year has stormed the exchange-traded fund (ETF) market with massive inflows. Of the 740 ETFs launched this year, crypto ETFs dominate the top eight spots in terms of inflows.
Ethereum's NFT trading volume surged to $186 million last week, marking a 67% increase from the previous week's $111 million.
The proportion of long-term Ether holders surged throughout 2024, reflecting growing confidence in the cryptocurrency, while Bitcoin saw a decline in its long-term holder base. The post Long-Term Ether Holders Increase to 75% by End of 2024 while Bitcoin Holders Drop appeared first on Cryptonews.
Net inflows into spot Ether ETFs were positive in 22 of the last 24 trading days in 2024 and one analyst expects flows to increase even more under the Trump administration.
Long-term ETH holders have proved they have superior diamond hands to Bitcoiners throughout 2024.
The Tron price has dived in the past few weeks as most cryptocurrency prices have recoiled. TRX fell from a high of $0.4506 on December 4 to a low of $0.2600, a 42% decline.
Ethereum's Futures markets suggests that the market is cooling down, signaling potential recovery on ETH prices
The crypto community remains bullish on the second-largest token, Ethereum, regardless of the token maintaining a sluggish trend. The price found out a strong support and has triggered a rebound but is yet to validate a flip. As a result, some of the market participants remain uncertain about the next price action.
Neur.sh and Would rally as the overall crypto market struggles to stay bullish in the final days of 2024. According to CoinMarketCap data, the global crypto market cap stands at $3.33 trillion, with a 1.
With the crypto market's valuation sitting at $3.33 trillion and bitcoin holding steady above the $90,000 range for a cumulative 43 non-consecutive days, an intriguing trend has emerged—vintage crypto wallets have started stirring after years of inactivity.
A whale who received 200,000 ETH during Ethereum's 2015 genesis block has moved closer to completing their market exit, transferring 3,370 ETH (valued at $11.37 million) to Kraken.
Ethereum price has recoiled in the past few weeks despite having some positive exchange-traded funds and staking inflows. Ethereum (ETH) was trading at $3,400 on Dec. 29, down by over 17.2% from its highest level this month.
Ethereum didn't smash its all-time price record, unlike Bitcoin, but plenty still happened—from ETFs to tech improvements and more.
Ethereum's current trading near the 20-day moving average suggests potential consolidation. Whale activity is increasing, with 48,687 ETH transferred to Kraken this year, indicating profit-taking.
Bulls are trying to be back in the game on the last day of the week, according to CoinMarketCap.
The liquidation process for an Ethereum whale that first received 200,000 ETH from the Genesis Block in 2015 is coming to an end. In keeping with a trend of significant sales throughout the year, the whale sent 3,370 ETH (roughly $11.37 million) to Kraken today.
Spot Bitcoin ETFs in the United States recorded a remarkable $35.66 billion in net inflows in 2024, significantly exceeding early industry projections. The post US Spot Bitcoin ETFs See Over $35B in Inflows in 2024, Ether ETFs Surge to $2.7B appeared first on Cryptonews.
Ethereum celebrated a new stablecoin milestone, but this might be short-lived.
The year's biggest development by far was the approval of Spot Bitcoin ETFs.
Analytics firm Glassnode says Solana's (SOL) momentum on the monthly time frame is waning in comparison to Bitcoin (BTC) and Ethereum (ETH).
Galaxy Research sees significant growth for Bitcoin and Ethereum in 2025, where Bitcoin may reach $185,000, and that for Ethereum will rise above $5,500. This growth is expected to come from more institutions using these cryptocurrencies, along with improvements in Ethereum's technology and the rise of decentralized finance (DeFi).
Ethereum has recently faced a drawdown that brought its price to $3,300. Despite this decline, the level appears to be solidifying as a support floor for ETH.
The price of Ethereum (ETH) has closed below the 50-day SMA twice, with the bulls buying the dips. The bulls are doing their best to keep the price above the 50-day moving average line.
2024 has been colossal for bitcoin, and with just a handful of days left in the year, its dominance now stands at 56.8% of the $3.29 trillion crypto economy. Back in January, bitcoin held a lower 50.3% of the market, which was then valued at $1.65 trillion.
The cryptocurrency market has been filled with uncertainty, but recent movements suggest that Ethereum (ETH) may be preparing for a comeback. With the growing interest in Ethereum-based Exchange-Traded Funds (ETFs), Ethereum is seeing a surge in investment that could signal the beginning of a positive shift.
As December comes to a close, the crypto market is in a cool-off phase. Bitcoin (BTC) has dipped to trade at $94,000, and Ethereum (ETH) has fallen to the $3,300 range.
Amid bearish crypto market conditions, Ethereum's price risks a steep correction due to a spike in ETH held on crypto exchanges and an uptick in profit-taking. If this selling pressure continues to increase, ETH could drop as low as $2,600.
Ethereum trades at $3,352, consolidating in a symmetrical triangle pattern. Learn how key levels at $3,350 and $3,221 could shape ETH's next move. The post Ethereum Drops to $3,345 While Technical Pattern Hints at Next Breakout appeared first on Cryptonews.
Today marks a monumental day in the realm of institutional cryptocurrency investing.
The monthly record in ETF inflows was insufficient to lift Ether's price past the $3,500 resistance, which would trigger over $1 billion worth of leveraged short liquidations.