On-chain data shows metrics related to network activity have spiked for Ethereum recently, something that could pave way for a further rally. Ethereum Transaction Volume & Whale Transfer Count Have Spiked Recently According to data from the on-chain analytics firm Santiment, Ethereum has seen an uplift in two activity-related metrics. The indicators in question are…
Tag: ETH
All-Eyes On Altcoins: 4 Crypto Expected To Challenge Their All-Time Highs Soon
As Bitcoin (BTC) continues its notable ascent, breaking through the $85,000 mark and setting new all-time highs, market experts predict a shift in capital towards several major crypto altcoins that have yet to retest their previous peaks. Price Appreciation For Leading Crypto Post-Election Market expert Jesse Olson recently shared his altcoin watchlist on social media…
Ethereum Price Hits $3K Milestone Again: Will The Gains Keep Coming?
Ethereum price started a fresh increase above the $3,000 resistance. ETH is up over 10% and now approaches the key barrier at $3,250. Ethereum started a fresh surge above the $2,880 resistance zone. The price is trading above $3,000 and the 100-hourly Simple Moving Average. There is a new bullish trend line forming with support…
Ethereum Weekly Volume Hits $60 Billion As ETH Aims For Yearly Highs
Ethereum has staged an impressive 35% rally since last Tuesday, marking a bullish breakout as it tests crucial supply levels for the first time since late July. Investor sentiment is increasingly optimistic, driven by a surge in Ethereum’s on-chain activity. Key data from IntoTheBlock reveals that transaction volume on Ethereum’s mainnet has reached its highest…
Ethereum To Outperform Bitcoin, Fund Managers Set $8,000 Target
The strong performance of Ethereum in recent days has caught the attention of experts. In several posts on X, prominent fund managers and industry leaders have projected a bullish outlook for Ethereum (ETH), positioning it to outperform Bitcoin (BTC) with a target price of $8,000. This optimism is underpinned by anticipated regulatory advancements for the…
Ethereum ETFs Record Largest Inflows Since August Amid ETH’s Rally To $2,900
Ethereum (ETH) registered a remarkable performance following Donald Trump’s victory in the November 5 US elections. The second-largest cryptocurrency by market capitalization has jumped 21.9% in the past three days, reigniting investors’ bullish sentiment for the crypto and ETH-based investment products. Ethereum ETFs See Third Best-performing Day Amid ETH’s price rally, spot Ethereum exchange-traded funds…
Ethereum Price Rise Targets $3,000: Will It Cross the Mark?
Ethereum price started a fresh increase above the $2,720 resistance. ETH is up over 10% and now approaches the key barrier at $3,000. Ethereum started a fresh surge above the $2,720 resistance zone. The price is trading above $2,750 and the 100-hourly Simple Moving Average. There is a new connecting bullish trend line forming with…
Ethereum Jumps 10% As DeFi Sentiment Rebounds With Trump’s Victory
Ethereum (ETH) has jumped almost 20% over the past two days as the broader decentralized finance (DeFi) sector rallied following Donald Trump’s presidential victory. Ethereum Begins To Regain Momentum The second-largest cryptocurrency by reported market cap has lagged behind Bitcoin (BTC) and other smart contract platform tokens like Solana (SOL) for much of the year.…
Ethereum Surges Past $2,500: What The Futures Market Signals For Traders
After weeks of struggle, Ethereum finally broke above the $2,500 resistance as it traded for $2,631 post US election 2024. This surge in price has raised hopes that Ethereum may be gearing up for a fresh bull run. However, this optimism is tempered by cautionary notes from market analysts who closely observe the stance of Ethereum’s futures market.…
Ethereum Volatility Soon? Derivatives Exchanges Receive 82,000 ETH In Deposits
On-chain data shows derivatives exchanges have just received large Ethereum deposits, something that could lead to volatility in ETH’s price. Ethereum Exchange Netflow Has Seen A Sharp Positive Spike Recently As explained by an analyst in a CryptoQuant Quicktake Exchange Netflow” here refers to an on-chain indicator that keeps track of the net amount of…