Ethereum Staking Hits Choke Point as Institutions Pile in Despite Low Yields

Despite increased participation from regulated US entities, a significant share of Ethereum’s staked supply remains concentrated among dominant incumbents. The post Ethereum Staking Hits Choke Point as Institutions Pile in Despite Low Yields appeared first on BeInCrypto.

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Punk plummet: NFT sales slide despite record Ethereum prices

Despite Ethereum’s price surge and a record-setting $2.5 million CryptoPunks sale, the NFT market is in steep retreat — with sales down 11% to $134.9 million.

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Ethereum Poised For Strong Performance In H2 2024 Despite Early Struggles

Despite Ethereum’s poor performance year-to-date, Coinbase analysis suggests a bullish outlook for the second half of 2024. The potential approval of an ETH SPOT ETF, which has a 30% to 40% chance of passing, is a significant factor.

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These cryptocurrencies are up over 10% today despite Ethereum’s sharp 8% drop

Both Bitcoin and Ethereum have faced sharp declines over the past few hours despite the move to $40,000 on Thursday. The post These cryptocurrencies are up over 10% today despite Ethereum’s sharp 8% drop appeared first on CryptoSlate.

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Charted: Why Synthetix’s SNX Could Rally To $20 While Bitcoin Corrects

Synthetix (SNX) remained in a bullish zone above $15. 00, despite pullbacks in bitcoin and ethereum against the US Dollar. SNX price is likely to rally towards $20. 00 if it clears the $16. 00 hurdle.

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Bitcoin and Ethereum Fundamentals Remain Strong Despite Price Dip

Bitcoin and Ethereum look fundamentally strong despite recent price plunges. Both networks just reached all-time high hash rates and appear to be seeing increased usage. The hash rate highs come as BTC and ETH prices slid, losing some of their gains made thus far in 2021.

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Popular Youtuber KSI Tweets “Ethereum” Amid Fresh Rally

Ethereum pushed higher on Saturday despite Bitcoin flatlining. The cryptocurrency is up 7.5% in the past 24 hours and has moved past $1,300 for the first time since January of 2018. The cryptocurrency remains below the all-time high price of $1,450 despite the recent push higher and the recent Bitcoin rally to $42,000. ETH is […]

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Analysts Fear Further Downside Despite Ethereum’s Recovery from Overnight Dip

Ethereum has seen some immense bullishness throughout the past 24-hours, with the crypto breaking free from its range-bound trading in the $700 region and rocketing past $1,000 Where the entire market trends in the mid-term may depend largely on whether or not Bitcoin can maintain its foothold in the lower-$30,000 region If the crypto can hold above here and consolidate, it could provide ETH and other altcoins with further room to rally in the days […]

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Ethereum Price Explodes Past $1,100 as Bitcoin Stagnates

Ethereum is in the midst of rocketing higher despite stagnation in the Bitcoin price. Just minutes ago, the cryptocurrency pierced $1,100 after holding the $1,000 price level. Chart of ETH's price action over the past few weeks from TradingView.

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Here’s Why Analysts Think Ethereum Will Soon Move Toward $800

Ethereum has underperformed Bitcoin as BTC has pushed past $33,000 today. ETH is up 8% in the past 24 hours while BTC has gained over 11%. Despite the relative underperformance, analysts soon think that Ethereum will catch up to the leading cryptocurrency.

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SushiSwap (SUSHI) Undergoes 10% Rally Despite Ethereum Drop

SushiSwap’s native token, SUSHI, has undergone a strong rally over the past 24 hours. The leading cryptocurrency is up 10% in the past 24 hours, pushing to multi-week highs after a few days of slow price action.

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Analytics Firm Reveals That Whales are Starting to Accumulate Ethereum

Ethereum has seen some turbulence throughout the past day thanks to its close correlation with Bitcoin While ETH was able to set a fresh post-2017 high yesterday evening, it lost its momentum and has since slid lower It is still showing some signs of strength, however, and where it trends in the mid-term will undoubtedly depend on Bitcoin Despite some uncertainty regarding its short-term outlook, so-called “whales” appear to be confident that upside is imminent […]

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Two DeFi coins THORChain (RUNE) and REN break out of slumber with 10% rallies

DeFi altcoins have been hammered hard over the past few weeks despite immense strength in Bitcoin, which has subsequently been reflected in Ethereum’s price action. The post Two DeFi coins THORChain (RUNE) and REN break out of slumber with 10% rallies appeared first on CryptoSlate.

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Ethereum is About to Test a Key BTC Resistance Level; What Analysts are Saying

Ethereum has finally broken its trend of underperformance against Bitcoin, with the crypto’s recent break above $700 allowing it to gain some ground on the ETHBTC pair This strength does appear to be growing, as the crypto has yet to face any harsh rejection around its recent highs, despite Bitcoin’s potential blow-off top at $28,500 BTC’s ongoing consolidation phase may turn out to be highly bullish for ETH and other altcoins One trader is also […]

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After Bitcoin surged to $28,000 and Ethereum hit $740, analysts have begun to fear a correction

Analysts have begun to fear a crypto market correction despite the Christmas rally. The post After Bitcoin surged to $28,000 and Ethereum hit $740, analysts have begun to fear a correction appeared first on CryptoSlate.

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Analyst: Post Bitcoin, Traditional Finance Will Flock To DeFi, Not Ethereum

Bitcoin is in price discovery and each day sets a new all-time high. But despite the soaring prices well above the previous record, altcoins have barely moved in comparison.  However, traditional finance will soon move profits and diversify, and when they do, one chartered financial analyst claims it’ll be into DeFi tokens, and not Ethereum […]

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Is January a good month for buying Ethereum Classic (ETC)?

The cryptocurrency market continues to trade in a bull zone, but Ethereum Classic’s price is still not able to surpass $6 resistance. Ethereum Classic (ETC) might still be undervalued despite all the problems, and some predictions say that this cryptocurrency could be again above the $40 level.

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How well are Bitcoin, Ethereum maintaining their security budgets?

Despite the fact that the crypto-market has failed to build on its gains and is instead busy consolidating, network health has continued to remain strong. This has been the case with Bitcoin and EtherThe post How well are Bitcoin, Ethereum maintaining their security budgets? appeared first on AMBCrypto.

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Ethereum’s daily active address count is flashing a major warning sign for ETH

Ethereum’s price action over the past several weeks has proven to be highly disappointing for investors, as it has been underperforming both Bitcoin and many of its other peers despite it seeing unprecedented fundamental strength.

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Ethereum Bulls Defend Crucial Support, But Outlook Remains Gloomy

Despite navigating down towards its crucial support at $220, Ethereum’s buyers were able to defend against a break below this level The cryptocurrency now appears to be well-positioned to maintain above this level in the near-term, as buyers are currently ardently defending another crucial support level That being said, on its daily chart the cryptocurrency does appear to be flashing some signs of overt weakness One group of analysts recently noted that the recent break […]

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Ethereum’s price is bearish despite massive fundamental growth: here’s what’s next

Ethereum has seen its transaction volumes soar, active addresses hit new all-time highs and... The post Ethereum’s price is bearish despite massive fundamental growth: here’s what’s next appeared first on Coin Journal.

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Ethereum users continue to accumulate despite DeFi hack, ETH 2.0 uncertainty

It’s been a boring past few weeks in the crypto markets.

The post Ethereum users continue to accumulate despite DeFi hack, ETH 2.0 uncertainty appeared first on CryptoSlate.

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Ethereum Struggles to Flip Crucial Trendline as Analysts Eye Move to $120

Ethereum’s price has been sliding lower over the past several days Despite Bitcoin being able to maintain above the lower boundary of its long-held trading range, ETH is now trading firmly below the range it formed over the past several weeks This points to some underlying weakness amongst its buyers which comes as it nears its crucial $220 support level It also just confirmed a “death cross” formation that hasn’t been seen since March. This […]

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Despite Its $25B Market Cap, Ethereum Can Still Be “Dethroned”

For years, Ethereum has easily been the leading smart contract blockchain. With mass adoption by service providers, brand recognition, and a series of popular apps, it leads in its category. Yet this hasn’t stopped some from speculating that the cryptocurrency can be “dethroned” by an upstart.

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Ethereum is Showing Early Signs of Macro Weakness; What to Watch For

Ethereum has been inching lower after breaking below the support level at the bottom of its long-held trading range This decline has come about despite Bitcoin showing some signs of stability within the lower-$9,000 region ETH is now trading at a crucial support level that buyers are attempting to defend, as a break below it could be dire Analysts are now noting that for the first time in a long time ETH is showing signs […]

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Dosing The State, The Ethereum Scalability Challenge

Despite an increase in ethereum’s gas limit, the blocksize has not changed much because there isn’t a complete relationship between the amount of transactions and the amount of data. As...

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53% of Bitcoin Options Just Expired, Marking a Historic Milestone

Bitcoin and Ethereum just saw their largest respective options expiry ever, marking a major milestone for the cryptocurrency market This expiry took place earlier today and it did not coincide with any intense volatility, despite what some analyst had forecasted It now appears that the volatility associated with this event did occur earlier this week It is possible that the options expiry, and investors’ anticipations about it, helped fuel the recent Bitcoin decline to lows […]

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Ethereum network grows despite price struggles

The Ethereum market which failed to see a price movement until the beginning of this week, saw the asset surge by almost 10% over two days. This pushed the value of ETH from $227.20 to $249.04, howevThe post Ethereum network grows despite price struggles appeared first on AMBCrypto.

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Grayscale Ethereum Trust (ETHE) Premium Collapses as Hedge Funds Liquidate their Holdings

This week, the price for the Grayscale Ethereum Trust has dropped more than 50% and nearly 60% since the June 4 high. This drop came despite the price of Ether trending upwards. Now the premium on the product is down, but still at over 300%, which went as high as 800% to Ether prices earlier […]

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Ethereum’s Strength Degrades Following Rejection at $250; What Comes Next

Ethereum has flashed signs of technical weakness overnight following a harsh rejection at $250 This level marked its high-time-frame resistance, and its inability to break above it seems to elucidate underlying weakness amongst its buyers Analysts are noting that it could be poised to continue pushing higher despite this latest setback There is one crucial level that it is trading just a hair above that could invalidate this potential rebound Ethereum has flashed signs of […]

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Ethereum's growth dominated by stablecoins, not Ether

Ethereum has been noting stagnated market growth since the Black Thursday crash back in March. Despite making a recovery and irrespective of Ethereum 2.0 approaching, the crypto's price has been movinThe post Ethereum's growth dominated by stablecoins, not Ether appeared first on AMBCrypto.

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Ethereum (ETH) Price Volatility Remains Similar to Bitcoin's (BTC) Despite DeFi Hype, Skew Analysts Say

Ethereum (ETH) holders have become increasingly confused as the second cryptocurrency remains stagnant amidst insane ETH-based DeFi performance

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Ethereum Classic Price Analysis - On-chain activity drops despite recent protocol upgrade

Ethereum Classic (ETC) is a distributed ledger and decentralized computing platform with smart contract capabilities, created in 2016 by forking the original Ethereum (ETH) project. The crypto asset is currently 21st on the Brave New Coin market cap table, with a market cap of US$765 million and US$110 million in trade volume over the past 24 hours.

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Will Ethereum’s “New Market Cycle” be Enough to Stop it From Plunging Lower?

Ethereum has seen a distinct divergence between its fundamental utility and its price action Despite seeing unprecedented usage rates, the cryptocurrency’s price action has been closely correlated to that of Bitcoin and the aggregated crypto market One prominent investor is now noting that ETH appears to be entering a new market cycle This comes as the explosively popular DeFi trend continues gaining major traction From a technical perspective, some analysts do believe that it may […]

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Here’s the Critical Price Level That May Kick Off Ethereum’s Next Bear Trend

Ethereum investors have gained little insight into the cryptocurrency’s trend over the past few weeks Despite being stuck within a wide trading range, it is important to note that ETH has been hovering just above the lower boundary of this range over the past few days This has marked an underperformance of Bitcoin and many of its other peers, but an overnight dip below this level was quickly absorbed by buyers Analysts are still forecasting […]

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ConsenSys Is Becoming Systemically Important to Ethereum

ConsenSys is partnering up with the likes of Binance and Crypto.com to launch a staking service for the upcoming release of the Ethereum upgrade, ETH 2.0. Despite the apparent benefits... The post ConsenSys Is Becoming Systemically Important to Ethereum appeared first on Crypto Briefing.

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History Shows That Ethereum Is on the Verge of a Brutal 6-Month Correction

Historical analysis shows that Ethereum is on the verge of a brutal six-month correction after nearly doubling since the start of the year. Ethereum Is Primed to See a Six-Month Correction Ethereum is primed to see a six-month correction, despite rallying by nearly 200% since March’s capitulation lows.

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DeFi Could Have a Bigger Impact on Ethereum than ICOs

Decentralized finance markets have largely weathered the economic storm this year and continue to mature despite the crypto market remaining relatively flat. This new financial landscape could have a much greater impact on Ethereum than the ICO boom.

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Why This Trader Thinks Ethereum Will Rocket To $300 and Defy Crypto Downtrend

Ethereum has declined over the past 24 hours alongside Bitcoin and the aggregated cryptocurrency market. Despite flashing some signs of strength in recent times, this has not been enough to break its tight correlation with BTC.

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Ethereum Options OI on Deribit climbs new peaks

Despite maintaining a close call with Bitcoin, Ethereum has so far outperformed the benchmark cryptocurrency in the two quarters of 2020. This was also evident when the world's largest altcoin bouncedThe post Ethereum Options OI on Deribit climbs new peaks appeared first on AMBCrypto.

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Skale CTO: Ethereum’s Strength Is the Ecosystem, Not Its Roadmap

The CTO of Skale believes that the ecosystem behind Ethereum is impossible to compete with, despite delays.

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Ethereum (ETH) Still Following $300 Plan Despite Price Drop: Analyst Michael van de Poppe

Ethereum (ETH) bulls might have been confused by the recent 8% price decline. But a top cryptocurrency analyst believes there's nothing to worry about

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Ethereum to Target $300 Once it Reaches This Massive Support Zone

Ethereum has been holding up quite well against Bitcoin despite seeing some slight weakness throughout the past week after facing a harsh rejection at its local highs of $255. The cryptocurrency now appears to be well-positioned to see further upside in the near-term, as analysts are noting that it has been able to form a...

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Bitcoin, Ethereum perpetual contracts on Binance register growth

The month of May was filled with volatility as the price of Bitcoin kept swinging constantly. Despite the sell-off in the market, the value of BTC remained above the $9k resistance. While the first daThe post Bitcoin, Ethereum perpetual contracts on Binance register growth appeared first on AMBCrypto.

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Ethereum blockchain's problems include cats and Tether

Rejoice, Ethereum Community! Your blockchain has been chosen to tokenize the rewards by one of the world's largest social media platforms, Reddit. Despite there being thousands of other projects in thThe post Ethereum blockchain's problems include cats and Tether appeared first on AMBCrypto.

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Ethereum Forms 90% Correlation to Bitcoin; Here’s Why This Is Bearish

Ethereum and Bitcoin have formed a striking 90% correlation to one another throughout the past couple of years This correlation has grown in recent times, despite many altcoins being able to break it It does appear that, in the short-term, this could prove to be dire for ETH, as the benchmark cryptocurrency may soon see a notable decline Ethereum has been generally tracking Bitcoin’s price action in recent times, with altcoins in general struggling to […]

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Ethereum S2F model predicts future scarcity, inflation

A lot has been said about Ethereum's 2.0 protocol upgrade, one that intends to change the consensus mechanism to proof-of-stake [PoS]. Despite being delayed several times by now, the co-founder of EthThe post Ethereum S2F model predicts future scarcity, inflation appeared first on AMBCrypto.

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Is Ethereum's undervaluation justified or unjust?

Criticizing the Ethereum ecosystem and its blockchain has been a typical endeavor for many of the crypto-community's Bitcoin proponents. However, despite such criticism, its technical development and The post Is Ethereum's undervaluation justified or unjust? appeared first on AMBCrypto.

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Despite Trust Model Debates, Ethereum Is Bitcoin’s Largest Sidechain by Total Value Locked

The Ethereum network now has more bitcoin held in reserves than the Lightning Network, according to onchain statistics. At the time of publication, Wrapped Bitcoin (WBTC) has close to 4,000 BTC ($34.

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