With the bearish pressure around Ethereum and its market building strongly, its price could retest the $1,500 support level sooner than expected. One good thing during this bearish phase is that the ETH network has continued to showcase robust growth as activity on the chain revisits historic levels. Growing Demand Fuels Ethereum Network Activity While […]
Ethereum (ETH) is attempting to consolidate at price levels not seen since April of last year, following a 31% decline over the monthly time frame. Trading around $1,606, ETH sits nearly 70% below its all-time high of $4,945 — and according to one indicator, the drawdown may not be over. Another 56% Drop Ahead? Market […]
Data shows Bitcoin spot exchange-traded funds (ETFs) have continued to see outflows recently while Ethereum funds have diverged with inflows. Ethereum Spot ETFs Saw Net Inflows On Monday According to data from SoSoValue, Bitcoin and Ethereum spot ETFs have diverged in trend recently. “Spot ETFs” here refer to investment vehicles that allow investors to gain […]
Ethereum has reclaimed the $1,650 level after the most significant drop of recent weeks carried the price to approximately $1,520 — a low that tested the structural conviction of holders across every category and time horizon. The recovery is tentative but real — and CryptoQuant data has identified a development in the exchange reserve data […]
A wallet linked to one of Ethereum’s co-founders has moved more than $121 million worth of ETH for the first time in over three years, and it could not have come at a worse time for market sentiment. The transfer comes at a sensitive moment for ETH, which reacted by falling to a yearly low […]