Ethereum price recently rejected breaking below USD 3,200 support and a retest of USD 3,500 amid rising ETF inflows could confirm a reversal.
The technical insights for Ethereum are turning bullish, hinting at a new potential rally. Ready to cross the $3,400 mark, is Ethereum setting the stage for a bullish 2025.
Tron founder Justin Sun has denied reports of him selling Ethereum as on-chain data shows significant deposits to HTX over the last month. In his latest message, Sun said that all rumors of him offloading his ETH holdings are false.
EigenLayer's adoption surge is a sign of its growing influence in the Ethereum staking ecosystem.
In December, Solana continued to outperform Ethereum in the decentralized exchange (DEX) industry for the third consecutive month. Thanks to the growing popularity of memecoins, Solana recorded record transaction volumes, thereby consolidating its position against crypto giants like Ethereum.
After registering heavy losses in the past week, the crypto market received a relief rally in the last 24 hours, led by Ethereum (ETH), BNB, and Solana (SOL).
The ETH/BTC pair is presenting renewed optimism for Ethereum's potential to bounce back.
Ethereum price extended losses and dropped below the $3,450 zone. ETH is now recovering some losses and might rise if it clears the $3,445 resistance.
A widely followed crypto analyst says that Ethereum and altcoins are bracing for a swing to the upside as ETH prints the same pattern it did in 2020. In a new video update, crypto strategist Jason Pizzino tells his 344,000 YouTube subscribers that the Ethereum/Bitcoin (ETH/BTC) pair is flashing a “major altcoin signal.
While Ethereum (ETH) has once again failed to break through the stubborn $4,000 resistance level, BlackRock's iShares Ethereum Trust ETF has quietly accumulated over one million ETH. This milestone reflects strong institutional demand for Ethereum, even as its price performance in 2024 remains lackluster.
The 50 EMA, a crucial technical level that serves as a solid support for bullish momentum, has been breached by Ethereum. The asset is at a turning point, and the sustainability of its bullish trend is called into question, as is its capacity to sustain its recent recovery.
The cryptocurrency market is currently experiencing bearish momentum, and Ethereum (ETH) seems to be at the heart of this downturn. A major factor contributing to Ethereum's decline is the actions of Justin Sun, the founder of Tron (TRX), who has been selling off a significant portion of his ETH holdings.
Cryptocurrency markets are trading lower on a low-volume Monday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $92,996.64 -3.2% Ethereum (CRYPTO: ETH) $3,313.40 -0.3% Solana (CRYPTO: SOL) $184.82 +0.9% XRP (CRYPTO: XRP) $2.16 -4% Dogecoin (CRYPTO: DOGE) $0.3108 -2.5% Shiba Inu (CRYPTO: SHIB) $0.00002168 -1% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 20.6% and daily active addresses falling by 0.02%.
In a sea of noise, the real winners of Web3 will be those who turn raw on-chain data into actionable signals for sustainable growth.
Bitcoin remains under pressure, but the bulls are expected to defend the $90,000 support.
Crypto ETFs saw substantial outflows last week while Bitcoin and Ethereum prices dipped, but such products still ended the week in the green.
The leading altcoin, Ethereum (ETH), has experienced a 15% decline in the past seven days. However, on-chain data has revealed that this price dip merely mirrors the broader crypto market sell-off as the bullish bias toward the altcoin remains significant.
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.
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.
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.