Ethereum experienced an impressive 11% price increase last week, but the asset now seems to be undergoing a correction. Even with the price dropping from $4,760 to around $4,500, significant interest from large investors has been noted, indicating a trend of accumulation. Recent data indicates that Ethereum whales have accumulated 30,432 ETH valued at $141.66 … Read more
Take into consideration the possibility of possessing a fortune of Bitcoin that was mined while Satoshi was still alive. after which they made the decision to use almost all of it to purchase Ethereum. In fact, it is exactly what has just taken place. Tens of thousands of Bitcoins were converted into Ethereum by a … Read more
At the start of mid-August, the Ethereum price has held steady above $4K after experiencing a price rejection near $5K. As September progresses with a recovery, the altcoin has overcome considerable challenges, raising the chances of exceeding the $5K threshold. Nonetheless, two crucial elements continue to be vital for a strong upward trajectory. In their … Read more
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