Ethereum

Data Suggests Good Network Adoption But Weak Fundamentals For ETH

On-chain data shows there has been an increase in ETH’s active users, transaction volume, and blockspace demand. Data also indicates that the monthly average of active ETH addresses has been rejected by the yearly average. Currently, ETH is trading hands at $1,847.78 after a price decrease of 3.17% over the last 24 hours. A well-known crypto analyst on Twitter who goes by the name Ali took to the platform this morning to share some of...

Core US Inflation Data Prevented a Crypto Rally, Says Analyst

Crypto Rover uploaded his latest technical analysis for BTC and ETH today. The analyst stated that Core US Inflation Data is preventing a crypto market rally. At press time, both BTC and ETH are up over the last 24 hours. The crypto analyst Crypto Rover uploaded his latest technical analysis for the crypto market leaders Bitcoin (BTC) and Ethereum (ETH) this morning. The Youtube video started off with the analyst stating that the cryp...

Binance Users Can Now Participate in ETH 2.0 Staking Withdrawal

ETH 2.0 staking withdrawal activates on Binance beginning from April 19, 2023, at 8:00 UTC. Stakers can redeem ETH using their BETH holding at a ratio of 1:1. The withdrawal process can be executed on the ETH 2.0 staking page on the Binance website. Binance users can now withdraw their staked ETH six days after being announced by the exchange. According to the announcement, ETH 2.0 stakers can redeem ETH using their BETH holding at ...

Popular Trader Shares What Needs to Happen Before Altcoins Can Rally

Michael van de Poppe uploaded his latest technical analysis for the altcoin market. The trader shared that bank earnings have been the main instigator in the recent correction. ETH will need to strengthen against BTC before the rest of the altcoin market can rally. The popular crypto trader Michael van de Poppe uploaded his latest technical analysis for the altcoin market to Youtube yesterday. In the video, van de Poppe stated that ...

More Than 70K ETH Transferred To Bitfinex By One Whale

A whale transferred 75,331 ETH tokens to a Bitfinex hot wallet. Previously, the same whale received 76,212 ETH from Bitfinex on January 5, 2019. ETH is currently one of the best-performing cryptos among the top 10 cryptocurrencies by market cap. The on-chain analysis platform, Lookonchain, took to Twitter earlier today to share some new insights about a particular Ethereum (ETH) whale. According to the post, whale “0x8033” transferr...

ETH’s Price Is Up More Than 2% As Shanghai Upgrade Goes Live

Ethereum’s highly-anticipated Shanghai Upgrade went live recently. Users who staked ETH are now able to withdraw their staked tokens from the network. Traders have reacted positively towards the upgrade as ETH’s price is currently up more than 2%. The highly-anticipated Shanghai Upgrade for Ethereum (ETH) has gone live. Also referred to as “Shapella,” the Shanghai Upgrade will allow people who staked ETH to secure and validate trans...

Potential Altcoin Rally if ETH Continues Showing Strength, Says Trader

An intra-day trader shared that ETH continues to lead the way in the altcoin market. According to the trader, some altcoins may be undervalued if ETH’s latest move is not a fakeout. ETH’s price dropped 0.20% over the last 24 hours and is currently trading at $2,096.34. An intra-day trader who goes by the name Skew Δ (@52kskew) tweeted yesterday that Ethereum (ETH) continues to lead the altcoin market in terms of performance, given i...
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