Ethereum experienced a staggering $466.4 million in liquidations, with a significant $382 million attributed to long positions. On the day, ETH prices experienced a decline of 14.96%, dropping from $2,148 to $1,826. The sentiment in the crypto market was characterized by extreme fear. The Fear and Greed index has plummeted to 11, marking a low … Read more
Ethereum has encountered significant pressure since it fell below the $3k support level one week ago. In a continued downward trend, Ethereum reached a low before finding some stability around. As of this moment, the price is $2,266, reflecting a decline of 1.51% on the daily chart, continuing its bearish trend that has persisted for … Read more
In the world of crypto, even the slightest alert can trigger significant reactions, particularly when it concerns Vitalik Buterin, the co-founder of Ethereum. In the past 24 hours, data revealed that Buterin has transferred a total of 705 ETH, which includes a significant transfer of 493 ETH valued at approximately $1.16 million, following a prior … Read more
The internet is becoming increasingly cacophonous, disordered, and challenging to trust, particularly in light of the recent proliferation of AI-generated content. Given that, Vitalik Buterin believes there may be a more effective method to reward individuals who genuinely contribute valuable work. In a recent X post, Buterin highlighted that the persistent challenge regarding creator rewards … Read more
Ethereum’s Funding Rates plummeted to FTX-era lows as derivatives faced a severe macro shock. Heightened tensions between the U.S. and Iran have sparked a wave of risk aversion, leading to a significant decline in Ethereum as leverage intensified the downward momentum. As the price dipped to the $2300 mark, forced selling intensified, resulting in the … Read more
Ethereum, which previously enjoyed significant momentum, is now approaching the crucial support level of $2,500-$2,600. Bolstered by prior ETF and DAT accumulation, this area has emerged as crucial for the asset’s future. Following a drop beneath $2,800, Ethereum is exhibiting signs of vulnerability, as institutional outflows continue to increase. If this support level fails, deeper … Read more
Ethereum is at a pivotal point as buyers work to uphold the $2,600 support level, striving to stabilize the price following recent fluctuations. While this level is maintaining short-term downside control, the overarching market pressure and deteriorating structure have bears on alert for a possible breakdown that could pave the way for a more significant … Read more
Ethereum is gearing up for a significant upgrade with ERC-8004, a new standard designed to facilitate direct on-chain interactions and verifications among AI agents. The concept is substantial, but can it attract developers, generate activity, and ultimately draw capital back to Ethereum’s mainnet? ERC-8004 is on the horizon—a groundbreaking smart contract standard aimed at enabling … Read more
Ethereum is currently navigating a concentrated cost basis cluster, positioning its price at a crucial breakeven area for a significant portion of holders, as indicated. The firm’s Cost Basis Distribution Heatmap reveals a significant concentration of ETH supply that was last acquired around current price levels, suggesting that numerous holders are situated near breakeven points. … Read more
Ethereum’s price continued to decline, probing the $2,800 level. ETH is currently on a recovery path, potentially targeting further gains if it surpasses the $2,960 mark. Ethereum continued to linger in a bearish territory, trading beneath the $2,960 mark. The price is currently hovering just above $2,900, alongside the 100-hourly Simple Moving Average. A breakout … Read more