Ethereum

Popular Analyst Predicts Looming Ethereum Price and Altcoins Crash

Bitcoin price witnessed sharp volatility this April as the bear market comes to an end and Bitcoin prepares for the Bitcoin halving event. While traders anticipate upcoming bullish run amid the banking crisis, U.S. debt-ceiling crisis, and weakening macro, the outlook for Ethereum price and altcoins remains weak. Ethereum price has mostly been under pressure after the Shanghai (Shapella) upg...

Crypto Influencer Calls for Ethereum Transaction Processing Boost

Foobar reveals Ethereum’s top priority upgrades for 2023. Rising gas fees spark concern among Ethereum traders. Ethereum’s market cap drops amidst upgrades and gas fee worries. Ethereum, the world’s second-largest cryptocurrency by market capitalization, is poised to make significant upgrades in the coming year. According to Foobar, a DeFi and NFT founder, the platform should prioritize transaction processing parallelization a...

Will Buterin’s Massive ETH Dumping Result in a Bullish Market?

Luke Martin shared insights on the Ethereum Foundation’s recent transfer of 15,000 ETH to Kraken. The blogger stated that the platform sells the holdings to fund the development of the ETH ecosystem. Martin predicted a bullish return of ETH following the dumping of the cryptocurrency. The travel blogger and vlogger Luke Martin, on his self-titled YouTube channel, shared insights on the Ethereum Foundation’s 15,000 ETH recently...

Vitalik Buterin Sends 200 ETH to Kraken – What Does This Mean?

Vitalik Buterin’s wallet address transferred 200 ETH to Kraken. The details of the transaction were shared by PeckShieldAlert. Vitalik had previously transferred 700 ETH to Kraken in March as well. Vitalik Buterin, one of the co-founders of Ethereum, has sent 200 ETH (equivalent to around $382796 at current market rates) to an address that belongs to the Kraken cryptocurrency exchange. The on-chain data was shared by the block...

23,634 ETH Burned as Ethereum Network Activity Increases

Approximately 23,634 ETH has been burned in the last week after network activity on Ethereum increased. There has been a lot of volatility on ETH’s charts following a breakout below a positive price channel. The upcoming FOMC meeting may result in ETH’s price dropping below $1,790. The Twitter user and crypto enthusiast Miles Deutscher tweeted about the leading altcoin Ethereum (ETH) this morning. In his tweet, he stated that ...

Kraken Dominates ETH Staking Cancellations, Nansen Finds

Kraken is leading the way in ETH staking cancellations. Twitter users blame the Huobi ETH staked withdrawal surge on the handover between new and existing owners. The Shanghai update (Shapella) for Ethereum is already live. According to a recent analysis by Nansen, Kraken is leading the way in the amount of staked ETH waiting for withdrawal. As per the report, Kraken, the US-based cryptocurrency exchange, topped the list with 70.8% ...

ETH Holder Transfers ICO Token for the First Time After 7.7 Years

An Ethereum holder recently executed the first transaction from the ICO wallet after 7.7 years. The holder received 2,365 ETH from Ethereum Genesis during the ICO in 2014. ETH’s price during the ICO was approximately $0.31 per token. An Ethereum holder who received 2,365 ETH tokens during Ethereum Genesis has just executed the first transaction from the ICO wallet, according to the onchain analyst, Lookonchain. After 7.7 years, the ICO ...

Data Shows $500M+ in ETH Transferred to Binance Yesterday

Santiment tweeted yesterday that $505 million in ETH was transferred to Binance yesterday. The post added that this is the largest self-custody to exchange transfer for ETH in 5 years. In related news, the price of ETH has printed a 24-hour loss and currently rests on a key support level. The blockchain intelligence firm Santiment posted a tweet on their official Twitter page yesterday. According to the tweet, $505 million worth of Et...

Ethereum Completes Shanghai, Biggest Upgrade Since The Merge

Ethereum’s Shanghai update went live Wednesday, completing the blockchain’s transition to proof-of-stake. ETH is up 2.28% in the last 24 hours, so far defying predictions of a price drop. Ethereum co-founder Vitalik Buterin hailed the upgrade as the end of “the hardest and fastest” stages of the blockchain’s roadmap. Ethereum, the blockchain underpinning the second-biggest cryptocurrency ETH, successfully implemented its much antici...

Crypto Whale Buys $18.81M ETH Amid Recent Price Correction

Lookonchain reports significant whale activity on ETH and WBTC DeFi Protocols. A whale deposited 10,100 ETH into Morpho AAVE, and borrowed $11.5M stablecoins. The same whale swapped $1.37 million USDT for 50 WBTC in an earlier transaction. A crypto whale has processed a transaction by longing ETH and WBTC on the DeFi protocols, according to the onchain analyst Lookonchain. In a tweet, Lookonchain revealed the whale deposited 10100 ETH...
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