Tag: eth price

Sep 15 2022

Community Celebrates Ethereum Merge, Here Are Some Improvements So Far

The Ethereum Merge was completed in the early hours of Thursday following a multi-year wait. It had taken place at the Terminal Total Difficulty of 58750000000000000000000, finally moving the network from a proof of work to a proof of stake mechanism. The community has naturally been elated about the recent upgrade, with Ethereum founder Vitalik Buterin taking to Twitter to also celebrate the...

Sep 13 2022

Large ETH Transactions To Exchanges Spark Market Dump Fears

The Ethereum Merge is only about two days away according to the difficulty adjustment, and sentiments around ETH during this time have been peaking. Most of this has been on the bullish side, but some things that have taken place in the market have begun to trigger some negative sentiment from investors. Mostly, these have been large whale transactions being moved onto centralized...

Sep 04 2022

Ethereum Network Attracts Over 70,000 New Addresses In Merge Anticipation

The upcoming Ethereum merge is being considered a big crypto project event. The community sees this as a significant factor in rallying the ETH price in the future. Therefore, as the date of merge, September 15, is approaching, the Ethereum network is attracting a significant increase in activity. According to data from Ethereum-focused blockchain research firm, Etherscan, the...

Aug 24 2022

Not Bitcoin, But This Altcoin Shows Greater Correlation to S&P 500

Over the last week, Bitcoin (BTC) and the broader crypto market have come under selling pressure. This happens as the global macro conditions continue to remain jittery with an expected rate hike by the Fed next month....

Aug 10 2022

Merge Effects Continue As Ethereum Futures Prices Fall To All-Time Lows

The effects of the upcoming Ethereum Merge on the crypto market have been very obvious. It has affected not just the price of ETH but the prices of other digital assets in the space, triggering a run-up that has brought them towards monthly highs. The effects have not ended at the spot market ,though. Data shows that it is being felt across the...

Aug 09 2022

What The Impending “Triple Halvening” Means For The Future Of Ethereum

The Ethereum Merge draws closer with each passing day, and the anticipation in the market is palpable. There are a number of advantages that come with the Merge, with all of those being factors behind the recent recovery in the price of ETH. However, the advantages, and the subsequent recovery, do not look to end here, as the argument for the value of...

Jun 29 2022

Here’s Why Ethereum (ETH) Price Can Plunge More Ahead

Jun 29 2022 Published at Coingape under tags  altcoin news ethereum (eth) eth price news

Ethereum, the world’s second largest cryptocurrency has been trading under major selling pressure. ETH prices have dropped by 40% over the past 30 days. However, expert suggests that this drop may continue further. July/August can be worst months Daniel Cheung, Co founder of Pangea Fund Management in a Twitter thread mentioned a massive short opportunity...

Jun 17 2022

Ethereum Denominated Open Interest Skyrockets As Price Declines

Ethereum has seen more interest in recent days. Most of it has come from the price decline of the digital asset which has allowed investors to get in at a much lower price. This interest can be easily seen in the rise of the Ethereum-denominated open interest. In the last week, this has risen dramatically. Mostly, it has been managing funds that have...

May 30 2022

Ethereum Transaction Fees Near One-Year Lows, Good News For Price?

Ethereum still boasts one of the highest transaction volumes in the crypto space but recently, the blockchain has been seeing a decline in its transaction fees. The fees decline significantly which has been a welcome development for users of the network. However, this decline has sparked concerns regarding what types of effects it could have on the price of the digital asset. Ethereum...

May 27 2022

Ethereum (ETH) Crash Causes Havoc In Futures Market

May 27 2022 Published at Coingape under tags  altcoin news ethereum (eth) eth price news

The Global cryptocurrency market hasn’t shown any sign of recovery from the recent crash. The second largest cryptocurrency, Ethereum (ETH) prices has registered a massive decrease of over 38% in the past 30 days. Meanwhile,...

Apr 11 2022

Ethereum Miners Continue To Surpass Bitcoin Miners In Revenue

Apr 11 2022 Published at Bitcoinist.com under tags  bitcoin bitcoin mining btc eth ethereum

Ethereum Miners Continue To Surpass Bitcoin Miners In Revenue Ethereum miners continue to outpace bitcoin miners in terms of revenue. The second-largest cryptocurrency by market cap has now proven that it is a better bet when it comes to crypto mining, making it a more profitable venture for miners. At various times in the past, this has been the case and in the...

Mar 07 2022

Ethereum Dominance Slides 3% In Last 24 Hours, Price Touches $2,500

Ethereum dominance has been on the up in the last couple of years. The cryptocurrency which is only about half as old as its predecessor bitcoin has managed to steal the largest market share from the pioneer cryptocurrency, making it the second most valuable digital asset in the market. However, maintaining such a large market share can prove to be daunting and Ethereum...

Jan 04 2022

Ethereum Price Prediction: ETH Might Drop Below $3,500 Level

Ethereum price prediction is bearish as it trades below the December down trendline. ETH’s inability to reclaim the $4,000 crucial level is a...

Dec 21 2021

Ethereum Price Analysis: ETH Rises 3% To Trade Above $4K- Santa Claus Rally?

Ethereum (ETH) has rallied approximately 3% in the past 24 hours to reclaim the crucial $4,000 level as the market turns green. Ethereum price is...

Dec 17 2021

Ethereum Price Prediction: Bears Contemplate An 8% Decline As ETH Drops Below 100 SMA

Ethereum price dropped below the 100 Simple Moving Average (SMA) at $3,920 on December 17, unravelling a possible bearish forecast. The...

Dec 14 2021

Ethereum Price Analysis: ETH Drops 5% To Trade Below $4000

All of the top 30 cryptos are flashing red following Monday’s market-wide correction that has left many market participants asking whether we are officially in a bear market....

Dec 07 2021

Ethereum Price Analysis: ETH Sits On Strong Support Above $4,000

Ethereum price is up approximately 7% to the current price $4,366 as it trades in a third straight bullish session in the daily timeframe. Bulls are determined to recover the weekend losses that followed the crypt market flash crash that saw the ETH lose as much as 22% in just a few hours. If the The post Ethereum Price Analysis: ETH Sits On...

Dec 06 2021

Store Of Value? Bitcoin Shows Weak Performance Against Ethereum

Bitcoin has long been praised by market participants to be the ultimate store of value (SOV) asset. The world's largest crypto asset by market capitalization has been known to hold itself exceptionally well when compared to other assets. Guaranteed Bitcoin...

Dec 02 2021

Nov 23 2021

Ethereum Price Analysis: ETH Recovery Under Threat As Exchange Withdrawals Decrease

Ethereum price came close to shattering key barrier $4,400 at the end of last week but its steam fizzled out. ETH withdrawals from exchanges have been relatively low since May and might hamper the uptrend. Ethereum price tried to recover on November 18 and 19 as bulls tried to recover last week’s losses, bounding off The post Ethereum Price Analysis: ETH Recovery Under...

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