An Ethereum move to $2,880 might turn out to be a bull trap before a bearish reversal occurs.

Ethereum (ETH) price has remained in a consolidation phase, trading below $3,000 since February 2. Over the past weeks, indicators like RSI, DMI, and EMA suggest that ETH lacks strong momentum, with neither buyers nor sellers taking full control.

Ether option markets are “leaning bullish,” with a “touch of caution” from large investors, as ETH faces significant downside volatility under $2,600, a Nansen research analyst told Cointelegraph.

According to recent data, the Ripple-affiliated XRP cryptocurrency is far more popular with Japanese investor compared to Ethereum (ETH).

Transaction fees on the Ethereum network have dropped by 70%, from $23 million to $7.5 million per day. This dramatic decrease comes amid a major transformation for the blockchain, with the announcement of two significant updates scheduled for April 2025.

Vitalik Buterin, a co-founder of Ethereum, has laid out a long-term plan for the decentralization and scalability of Ethereum. Buterin put forth a solution based on Ethereum Improvement Proposal (EIP) 3668 in response to worries regarding the growing complexity of operating light clients in an ecosystem that is rollup-centric.

Ethereum has been struggling below the $2,800 mark for days, unable to reclaim it as support to kickstart a recovery rally. This key level remains a significant barrier for bulls, and as the price continues to consolidate below it, bearish sentiment is growing.

Lido DAO (LDO), the governance token of the popular liquid staking platform Lido, has shown significant price movement recently, bouncing back from lows around the $1.50 mark. After being in a tight trading range since December, LDO's recovery has caught the attention of many traders, especially after the release of the highly anticipated Lido v3 upgrade.

Ethereum, the second-largest cryptocurrency by market capitalization, has faced a tough year. Despite the overall surge in the digital asset market, Ethereum (ETH) has underperformed, losing 1.1% year-over-year, while rivals like Bitcoin (BTC) and Solana (SOL) have experienced significant gains.

Ethereum price has been showing strength and looks poised for a strong bounce-back all the way towards $6,000. Currently, ETH has been flirting around $2,700 levels with weekly gains near zero.

The Binance Coin price has done well in the past few days as investors cheered its ecosystem growth. The BNB coin price jumped to a high of $657 on Sunday, and is a few points below its all-time high of $800.

Ethereum could be heading for levels way above the $3,000-level, especially as there are no major supply zones above.

Ethereum has been facing significant challenges in recent times, with its price struggling to maintain momentum and break through key resistance levels. This uncertainty has left many investors unsure about whether the digital asset will continue to rise or whether a deeper correction is underway.

Ethereum price consolidated around the $2,700 for the better part of the past week, as bullish and bearish catalyst counteracted. On-chain data shows a $16 billion decline in ETH whale transaction volumes could title momentum in favor of the bears.

Solana may just have the upper hand on a few key fronts.

Dormant circulation metric showed that 90-day holders were happy to HODL LDO.

Ethereum's recent progress in institutional adoption has raised renewed interest in the altcoin, but its price remains relatively stagnant. Despite this, growing institutional involvement in Ethereum ETFs (Exchange-Traded Funds) suggests that ETH could be poised for a new phase of growth.

On-chain data hinted at a potential resurgence, with lower fees and declining reserves.

Ethereum has been struggling to reclaim the $2,800 mark as support, leaving investors uncertain about the short-term direction of its price. The second-largest cryptocurrency has been unable to start a recovery rally, with analysts increasingly calling for a bearish continuation.

The New York Stock Exchange (NYSE) has officially filed a request with the U.S. Securities and Exchange Commission (SEC) to introduce staking services within the Grayscale Ethereum ETFs. This move, submitted via a 19b-4 application on Friday, seeks to amend the provisions of the already-approved Grayscale Ethereum Trust and the Grayscale Ethereum Mini Trust, allowing Ethereum staking to provide additional rewards for participants.

Over 50 non-crypto companies, including global banks and luxury brands, are building blockchain-based products on Ethereum and its layer two networks, focusing on NFTs, tokenized assets, and scalable infrastructure, according to a Galaxy Digital report.

Altcoin season remains uncertain as Ethereum struggles against Bitcoin, with BTC dominance rising too.

Hyperliquid ignores the chaos and offers a staggering +176%. The HYPE, it's him.

Ethereum is making headlines with its latest news, the NYSE rule change proposal in Grayscale's Spot Ether ETF, and Pectra launch ready on Sepolia in March 2025.

Ethereum's price has been on a significant decline lately and has yet to reverse. If things remain the same, much lower prices could be expected.

Bitcoin ETFs closed the last day of trading for the week on a positive note with a net inflow of $70.62 million after a string of outflows all week. Green Day for Bitcoin and Ether ETFs Love was in the air for bitcoin and ether ETFs on Friday, Feb.

Solana's latest chart patterns could mean more gains ahead as its adoption goes mainstream.

The percentage of Ethereum (ETH) supply staked on the network has dropped to 27.6%, a level last seen in July 2024. This decline has raised questions about Ethereum's long-term appeal among investors and whether staking remains a preferred option.

NYSE's Ethereum staking proposal in Grayscale's ETF could set a precedent for staking-based financial products. If approved, institutional investors could earn staking rewards within a regulated ETF, a potential driver for Ethereum adoption.

Ethereum's (ETH) mega-upgrade Prague-Electra, or Pectra, will debut on Holesky testnet Feb. 24, while Sepolia activation is set to happen in early March. Stress-tests on both testnets will help developers decide on the exact timing for mainnet activation of Pectra.

Institutional adoption of ETH ETFs has picked up pace, despite the altcoin's price stagnating.

Solana doubled Ethereum's trading volume, hitting $5.39B vs. $2.14B, while perpetual trading reached $1.09B, surpassing Ethereum's $470M.

The NYSE has filed with the SEC on behalf of asset manager Grayscale, seeking approval to introduce staking in its spot Ethereum ETFs. The post NYSE Seeks SEC Approval for Staking in Grayscale's Spot Ethereum ETF appeared first on Cryptonews.

Ethereum (ETH) has been showing notable bullish signs recently, with its price maintaining strong support above $2,600. As of the latest data, ETH is trading at $2,702.21, reflecting a 0.67% increase over the past 24 hours.

Ethereum price will likely embark on a parabolic rally after months of lackluster performance as Solana (SOL) ecosystem meme coins become extractive, where only insiders make money. Can the ETH price hit $10K as investors speculate on Solana's implosion?

Lido DAO Token (LDO) price has remained in a tight range in the past few months as investors have focused on meme coins instead of utility tokens. The LDO price was trading at $1.873 on Saturday, up from this month's low of $1.4.

Momentum builds for an XRP-spot ETF as the SEC acknowledges filings. Could this be the catalyst XRP investors have been waiting for?

Lido DAO (LDO) has garnered attention in the crypto space for its innovative decentralized finance (DeFi) protocol, providing liquid staking solutions. As we approach 2025, predictions about Lido's future price have been made based on technical analysis and market trends.

On February 14, Bitcoin spot ETFs recorded a net outflow of 1,765 BTC, valued at approximately $171.06 million, according to Lookonchain. Fidelity, a major player in the market, saw 982 BTC leave its Bitcoin ETF, worth around $95.21 million.

Ethereum's price has shown small signs of improvement after a period of decline, but the question remains: will this uptick lead to a major rally? At the time of writing, Ethereum is trading at $2,712, up by 1.2%.

Institutional crypto investments are surging, signaling growing mainstream acceptance and potential market stabilization for digital assets. The post Hedge fund giant Millennium discloses $2.6B Bitcoin ETF and $182M Ethereum ETF holdings appeared first on Crypto Briefing.

Asset manager Grayscale plans to introduce staking to its spot Ether ETFs but says it will not guarantee or promote any specific level of returns to investors.

Bored Ape Yacht Club creator Yuga Labs just sold off the Meebits IP, which it acquired from Larva Labs in 2022.

Despite a volatile past two weeks, driven by Donald Trump's proposed trade tariffs and higher-than-expected January 2025 inflation data in the US, Ethereum (ETH) has successfully defended the $2,380–$2,460 demand zone. Now, analysts are eyeing a potential move toward $3,000 for the digital asset.

Ethereum's price fluctuations may be nearing its end in the short term, indicating a potential start of the much-anticipated major upward move to a new all-time high. Its upside capability to new highs is further supported by bullish indicators and key patterns cited on its chart.

Solana is currently recovering a sizable portion of its lost value which suggests a possible reversal. On the chart a hidden head and shoulders pattern is developing though and it might be a significant indication of an approaching retracement.

Ethereum's bullish momentum is driven by strong technical levels and increasing institutional support.

Ethereum developers fight over EVM Object Format (EOF) implementation as the network seeks to upgrade its systems.