Recent highs, ETF data, and whale accumulation are sparking conversations about a potential rise to $5K. The current trend shows strong activity in derivatives, as wealthy investors are making significant wagers on ETH’s rise. Between 2021 and 2022, the open interest in Ethereum derivatives remained quite limited and mainly concentrated on short-term maturities, indicating minimal … Read more
Blockchain firm BitMine Immersion Technologies has made a significant move in the Ethereum market, acquiring $200.43 million worth of ETH from digital asset custodian Bitgo. This marks its second major purchase within the week. According to data, BitMine acquired 46,255 Ether through three transactions on September 10th, reinforcing its status as the public company with … Read more
Ethereum witnessed an unusual slashing event, impacting 39 validators. The validators were associated with the SSV Network, a distributed validator technology protocol designed to decentralize staking infrastructure by dividing validator keys among various operators. In light of the incident’s magnitude, SSV founder Alon Muroch underscored that the integrity of the protocol remained intact. The penalties … Read more
According to a recent analysis from, the Ethereum to Bitcoin ratio has remained below the 0.05 mark for the 14th consecutive month. This trend highlights a notable change in market dynamics, propelled by Bitcoin’s strength and the shifting patterns of altcoin rotations that have impacted ETH’s standing in the market. Historically, the ETH/BTC ratio has … Read more
Investment products in digital assets encountered significant difficulties last week. The sector experienced outflows amounting to $352 million, even with expectations of a market uplift due to weak payroll data and possible interest rate reductions in the U.S. Trading volumes also experienced a 27% decline, indicating a temporary cooling in investor appetite. However, year-to-date inflows … Read more
The present trajectory of Ethereum, which is trading just around $4,300, suggests sufficient structural health, according to several cryptocurrency specialists. Nonetheless, they warn that the absence of funding rates on various exchanges indicates weak demand for ETH, potentially constraining its breakout momentum. Ethereum’s Recent Surge Demonstrates Robust Foundations. Ethereum’s funding rates across exchanges appear to … Read more
Phishing assaults in August demonstrated how rapidly fraudsters have adopted the most recent developments in Ethereum. Scam Sniffer disclosed that three significant wallets were responsible for almost 46% of the $12 million in losses during that month, with one wallet suffering a loss of $3.08 million on its own. The company pinpointed Ethereum’s new EIP-7702 … Read more
Ethereum price initiated a recovery wave after establishing a base above the $4,200 zone, similar to Bitcoin. ETH price managed to rise above the $4,350 and $4,400 resistance levels before encountering selling pressure from the bears. The recent low was established at $4,233, and the price is currently consolidating its losses. There was a slight … Read more
Ethereum is beginning to resemble a market titan. On-chain activity is showing an upward trend. The situation is similar to the 2021 breakout of Bitcoin, but Ethereum’s route has its own special dynamics and dangers. According to data, over half of the recent inflows into Ethereum ETFs have been accompanied by an increase in open … Read more
A recent breakthrough in Ethereum (ETH) has the potential to change the course of the market. For the first time, the Ethereum exchange balance has turned negative, indicating that more tokens are being withdrawn from trading platforms than deposited. This structural shift in supply dynamics has analysts identifying it as a crucial bullish indicator for … Read more