Ethereum Live Updates

Ethereum Defies Resistance as On-Chain Activity Hits Record Highs

Ethereum has demonstrated remarkable resilience, overcoming challenges and exhibiting surprising strength in the face of resistance. The ecosystem flourished, propelled by increasing on-chain activity and transaction fees plummeting to unprecedented lows. Active Addresses surged, with Layer 1 solutions being instrumental in Ethereum’s expansion, contributing to a decrease in fees. On January 17th, Ethereum’s network usage … Read more

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Ethereum Whales Stir the Market as ETH Tests Key $3,450 Resistance

Whales are recognized for their tendency to sell at market peaks and troughs, yet it is the market’s response that fundamentally influences price movements. On January 16th, Ethereum encountered significant selling pressure from major whales, as the price approached critical resistance levels near $3,450. Whale activity stirred the waters, leaving the market on edge as … Read more

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Ethereum Faces $3B Leverage Risk Ahead of FOMC

The market is experiencing a cooldown following its recent weekly highs. On the daily timeframe, a majority of the leading cryptocurrencies are experiencing a pullback. Following a robust rally at the beginning of the week, numerous assets have successfully reclaimed significant levels, marking a notable shift after nearly eight weeks of stagnant movement. In that … Read more

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Ethereum’s Web3 Vision Becomes Reality

For more than ten years, Ethereum’s vision has existed as a compilation of whitepapers, theoretical frameworks, and a sprinkle of memes. However, that chapter has now officially closed. Ethereum co-founder Vitalik Buterin has stated that the original Web3 architecture, first outlined in 2014, is no longer just a roadmap – it has become a reality. … Read more

Ethereum Live Updates

Ethereum Near $3K as Staking Surge Raises Bull Trap Risk

Risk assets find themselves in a tug-of-war, caught between the forces of supply and demand. As a result, navigating through the current market fluctuations necessitates identifying a bid–ask imbalance. As reported, the way top caps maneuver through this imbalance is expected to influence their forthcoming directional shift. Ethereum  is displaying early signs, reigniting the classic … Read more

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Ethereum Faces $3,200 Hurdle Amidst $3,180 Resistance

Ethereum’s price struggled to break through the $3,200 resistance level and subsequently experienced a decline. ETH is currently making a bid for recovery, but it encounters a challenging resistance around the $3,180 mark. Ethereum has initiated a downward correction, slipping below the $3,200 and $3,180 levels. The price is currently trading above $3,100 and the … Read more

Ethereum Live Updates

Ethereum Steady as Whales and BlackRock Boost Staking

On-chain data revealed that whales funneled $31.7 million into staked Ethereum, securing more than 40,000 stETH as BlackRock amassed ETH amid market fluctuations. Major investors have been actively reallocating their funds into ETH staking. A significant player in the market moved $31.7 million through Wintermute, subsequently converting the assets into more than 40,000 stETH, valued … Read more

Ethereum Live News

Ethereum Accumulation Intensifies Amid Heavy Inflows

Ethereum continues to capture the attention of investors, as buying activity surges throughout the market. This trend indicates initial signs of bullish accumulation. Since the beginning of the year, billions of dollars have flowed into ETH, with this buying trend showing no signs of slowing down as of the latest updates. In the face of … Read more

Ethereum Live News

Ethereum’s $63M Whale Short Eyes $3,200–$3,400 Resistance

Recently, Ethereum has garnered considerable attention in the crypto sphere as a whale made a $63M short bet, targeting the altcoin’s price resistance between $3,200 and $3,400. The market is alive with speculation about the next move, considering whether ETH can exceed the previously discussed level. Traders are certainly anxious, keeping a watchful eye on … Read more

Ethereum Live Updates

Ethereum Hits $3,133 Upper Bollinger Band

ETH price hovers around the $3,133.31 resistance level, with bullish MACD divergence surfacing as technical indicators hint at a possible breakout from the current consolidation phase. Today’s ETH price action is defined by trading on technical factors, as there are no significant catalysts influencing the market. In the last 48 hours, there have been no … Read more