Ethereum Holders On The Rise: Accumulation Addresses Double Since January 2024—Report

With an impressive increase in coin acquisition, Ethereum aficionados are causing waves in the crypto space. From January’s 11.5 million, the most recent statistics reveal a solid 19 million ETH now stashed in long-term holding addresses, almost doubled, data from CryptoQuant shows. With investors apparently increasing their bets, this huge surge points to a growing… Continue reading Ethereum Holders On The Rise: Accumulation Addresses Double Since January 2024—Report

Ethereum Upside Target Around $2,800 As Price Tests Key Resistance

Ethereum is testing a key resistance level around $2,640, and many analysts believe that breaking this point could trigger a significant surge in price. As the entire crypto market gains strength, optimism is growing among investors, who are eagerly waiting for Ethereum to catch up with Bitcoin’s recent rally.  The sentiment is positive, and traders… Continue reading Ethereum Upside Target Around $2,800 As Price Tests Key Resistance

Ethereum Derivative Market Sees Over 50,000 ETH Inflow – Price Fall Imminent?

In a bullish trading week, Ethereum (ETH) surged by over 8% as its market price returned above the $2,600 price mark. However, amidst this rally, certain market developments have occurred which raises questions over Ethereum’s future price movements. 50,000 ETH Flow Into Derivative Exchange – Price To Rise Or Fall? In a Quicktake post on… Continue reading Ethereum Derivative Market Sees Over 50,000 ETH Inflow – Price Fall Imminent?

Survey Finds Almost 70% Of Ethereum Institutional Investors Engaged In ETH Staking

Almost 70% of institutional investors in Ethereum (ETH) are participating in ETH staking, with 60.6% of them using third-party staking platforms. Ethereum Staking Landscape At A Glance According to a report by Blockworks Research, 69.2% of institutional investors holding Ethereum are engaged in staking the platform’s native ETH token. Of these, 78.8% are investment firms… Continue reading Survey Finds Almost 70% Of Ethereum Institutional Investors Engaged In ETH Staking

Dogecoin And Shiba Inu Social Dominance At 5-Month High — Can FOMO Stall Price Growth?

Over the past week, blue-chip assets like Bitcoin (BTC) and Ethereum (ETH), have been major topics of discussion in the cryptocurrency space — and rightfully so — after a strong positive performance week. Meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) have also enjoyed a fair share of the attention in the last… Continue reading Dogecoin And Shiba Inu Social Dominance At 5-Month High — Can FOMO Stall Price Growth?

Aave Address Count On Optimism Rapidly Growing, Will Price Rise To New 13-Month High?

Aave, the decentralized lending platform, is among the largest DeFi protocols by total value locked (TVL). Over the years, despite the crypto price boom and bust cycle, the platform has operated flawlessly without any technical hitches. Aave User Address Grew By 675% In One Week Since the beginning of the year, Aave has dominated headlines,… Continue reading Aave Address Count On Optimism Rapidly Growing, Will Price Rise To New 13-Month High?

Ethereum Bullish Pattern Signals Upcoming Rally – Analyst Sets $2,870 Target

All eyes are on Ethereum as the crypto market watches closely following Bitcoin’s recent surge. Analysts and investors are now cautiously waiting for Ethereum to catch up, with some fearing that ETH’s performance in this cycle may fall short of expectations.  Recent price action for Ethereum has shown signs of strength, giving investors confidence that a… Continue reading Ethereum Bullish Pattern Signals Upcoming Rally – Analyst Sets $2,870 Target

Ethereum Price Consolidates: Preparing for the Next Move Higher?

Ethereum price is consolidating gains above the $2,580 resistance. ETH could gain pace if it clears the $2,650 resistance zone. Ethereum remained in a positive zone above the $2,550 and $2,580 resistance levels. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support… Continue reading Ethereum Price Consolidates: Preparing for the Next Move Higher?

Ethereum Leverage Increases: Analyst Predicts Longs Could Benefit

Recent reports have revealed that Ethereum has had a challenging run, underperforming compared to other major cryptocurrencies. However, despite this, some positive signs may be on the horizon. According to a CryptoQuant analyst, Percival, Ethereum’s open interest has increased significantly, indicating rising investor optimism for a potential rally. Potential For Ethereum Rally And Longs Benefit… Continue reading Ethereum Leverage Increases: Analyst Predicts Longs Could Benefit

Ethereum Whales Are Quietly Accumulating—Is A Major Price Breakout Coming?

As Ethereum continues to trail behind Bitcoin’s ongoing recovery in price, it seems the second-largest cryptocurrency by market cap is experiencing some positive developments in the background. According to recent data from IntoTheBlock, large Ethereum holders, often called whales, have been actively accumulating Ethereum over the past month. The Quiet Accumulation Of ETH From Whales… Continue reading Ethereum Whales Are Quietly Accumulating—Is A Major Price Breakout Coming?