Ethereum
Ethereum is firm when writing but continues to underperform versus Bitcoin. Though ETH is floating above $2,400, and may even break above $3,000 in the coming years, the rapid strengthening of the world’s most valuable coin, on the other hand, might push the ETH/BTC ratio to multi-month lows. ETH Struggling Versus Bitcoin, ETH/BTC Ratio Drops…
The Ethereum network, one of the leading blockchain solutions has once again taken a hit as the network’s average staker revenue over the past few days has witnessed a sharp decline, indicating a decrease in users’ or stakers’ interest and engagement. Ethereum’s Stakers Face Dimishied Returns In a negative development, the average revenue of Ethereum’s…
As the Ethereum ecosystem continues to evolve, it is crucial to understand how to navigate the decentralized environment. However, a market expert offering insights on the subject has disclosed that Ether (ETH) is the key to exploring the ecosystem, suggesting that holding the altcoin is crucial for those aspiring to get on board. Significance Of…
Data shows the Ethereum ecosystem has continued to remain number one in terms of development activity, ahead of the likes of BNB and Polygon. Ethereum Ecosystem Saw 0.8% Growth Over Past Year In a new post on X, the analytics firm Santiment has discussed how the growth in the development activity for the various cryptocurrency…
Data shows just 61% of Ethereum holders have been left in profit after the recent bearish action. Here’s how it compares with past bear markets. Ethereum Holders In Profit Have Registered A Notable Drop Recently In a new post on X, the market intelligence platform IntoTheBlock has discussed how the Ethereum investor profitability has been…
Ethereum is struggling to break through key resistance levels, even after the recent crypto market surge led by Bitcoin. While ETH’s price remains under pressure, there’s encouraging news for investors. Recent data from IntoTheBlock highlights Ethereum’s continued dominance in decentralized exchange (DEX) volume, reinforcing its position as a major player in the DeFi space. This…
Ethereum is under pressure at spot rates. As of September 12, the second most valuable coin struggled for momentum and stuck below $2,400. The daily chart shows that ETH is selling off steadily, and the zone between $2,400 and $2,800 is proving to be a strong liquidation region. Ethereum price trending southwards on the daily…
Legendary crypto analyst, Benjamin Cowen has expressed confidence that Ethereum (ETH), the world’s largest altcoin, could outperform Bitcoin (BTC) soon. This optimistic projection comes as both leading cryptocurrencies experience significant price fluctuations, however, Cowen foresees Ethereum’s current downtrend concluding by year’s end, setting the stage for a resurgence. Ethereum On Track To Outperform Bitcoin In…
Ethereum has surged 10% since last Friday, marking a notable bounce as the crypto market reacts to local demand levels. Despite this uptick, ETH has been lagging behind Bitcoin and other altcoins in recent months. Key data from Santiment, however, highlights an uptick in network activity, hinting at a potential shift in Ethereum’s performance. Although…
On-chain data shows the Ethereum Whales have continued to accumulate more cryptocurrency as their supply share has risen. Ethereum Whales Now Hold Around 43% Of The Entire Supply In a new post on X, the market intelligence platform IntoTheBlock shared an update on how the Ethereum supply concentration has been looking for the major holder…
