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Category: ETHUSDT

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Ethereum Price Stuck In Downtrend Despite Strong Spot Demand

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The Ethereum price resumed its downtrend on Friday, May 22, after consolidating throughout the week. As a result of this distribution round, the second-largest cryptocurrency dropped by approximately 6.2%, forming a local bottom at $2,020.  Although Ethereum has an ostensibly bearish structure, a recent on-chain analysis has revealed notable buying activity in its market. Yet, […]
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Ethereum Foundation Moves 10K ETH In Latest Bitmine Transfer – Details

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The Ethereum Foundation has completed another over-the-counter sale of its ETH holdings, this time offloading 10,000 ETH to BitMine Immersion Technologies as the counterparty. The transaction follows a continuing pattern of structured selling that has defined the Foundation’s treasury activity in recent months. Related Reading: Crypto Market Still In Fear After Historical Lows, But Can […]
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Ethereum Approaching Major Capitulation Zone — On-Chain Metrics Hint At Impending Shift

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Following a disappointing performance in February, the Ethereum price has seen some semblance of relief over the past two weeks. With the steadying market condition, the “king of altcoins” has managed to hold its own around the psychological $2,000 level. This, expectedly, has been enough to rouse hopes in silent investors on the Ether token’s […]
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Ethereum Holders Jump 3% In January, Clear 175 Million Milestone

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On-chain data shows non-empty addresses on the Ethereum network have set a new record of 175.5 million, the highest among all digital assets. Ethereum Has Seen A New Record In Total Amount Of Holders According to data from on-chain analytics firm Santiment, the Total Amount of Holders has hit a new milestone for Ethereum recently. […]
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Ethereum Price Falls To $3,000 As Taker Volume Spikes To New High — What’s Happening?

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Ethereum was one of the best-performing cryptocurrencies in the market over the past week, with its price jumping mid-week to as high as $3,400. Interestingly, the “king of altcoins” is now barely hanging on to the psychological $3,000 price level. On Friday, December 12, the crypto market felt a wave of bearish pressure, with most […]