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Ethereum Sees 43% Crash In Active Addresses, What’s Going On?

Ethereum

The market sentiment towards Ethereum (ETH) has recent price volatility. This negative sentiment is evident in Ethereum’s new active addresses, having crashed by a whopping 43%, underscoring reduced network activity and investor confidence.  New Active Addresses On Ethereum Decline Ethereum’s network activity, as the number of new active addresses has seen a sharp unexpected decline…

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Over 150,000 ETH Moved To Exchanges In The Last 24 Hours: What’s Next For Ethereum?

Ethereum

Ethereum is rising, adding a decent 5% on the last day and nearly 10% over the past trading week, according to CoinMarketCap data. As ETH shakes off weakness, breaking above the local resistance– now support– at around $2,400, confidence is high. Over 150,000 ETH Moved To Exchanges All the same, IntoTheBlock data on September 20…

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Ethereum In 2021 Vs. 2024: Fractal Suggests Major Breakout In Q4

Ethereum

Recent Ethereum price action saw ETH reaching another low of $2,150 on September 6, raising concerns of a more severe drop towards the $2,000 price level. Although these concerns were eased with a subsequent bounce to $2,460 on September 13, Ethereum remains largely in a downtrend, with a triple-bottom price formation now shaping up. Interestingly,…

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Triple Bottom Formation: Is Ethereum Set For Major Upswing In Q4?

Ethereum

The cryptocurrency market, led by the largest cryptocurrencies Bitcoin (BTC) and Ethereum (ETH), surged on Tuesday to levels not seen in over a month in anticipation of the Federal Reserve’s (Fed) imminent announcement of its first interest rate cut since the COVID-19 pandemic. However, despite these expectations or what the outcome of the Fed’s announcement…

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61% Of Ethereum Holders Are Profitable But ETH Bulls Must Hold $2,290

Ethereum

Ethereum is wavy when writing as bulls struggle to build momentum and push the coin above the immediate resistance levels at around $2,400 and $2,800. Even so, most ETH holders are upbeat, expecting prices to turn around the corner and soar, even breaking above July highs of around $3,500. 61% Of ETH Holders In The…

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112,000 ETH Moved To Crypto Exchanges In The Past Day — Impact On Ethereum Price?

Ethereum

The Ethereum price has been one of the major talking points in the crypto space lately, having been under significant bearish pressure in recent weeks. However, the second-largest cryptocurrency seems to be on a recovery path following its first positive weekly performance in more than a month. Recent on-chain data shows that significant amounts of…

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What Was Behind The Bitcoin And Ethereum Price Crash?

Bitcoin

Bitcoin (BTC) and Ethereum (ETH) have started September in the red, having already suffered price declines since the beginning of the month. This bearish sentiment towards the foremost cryptocurrencies and, by extension, the broader crypto market is due to several macroeconomic factors. Market Still Feeling The Effects Of The Yen Carry Trade Recent developments suggest…

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Expert Warns Ethereum Faces A ‘Slow And Painful Death’: Here’s Why

Cryptocurrency Market News

Joe Consorti, an analyst at The Bitcoin Layer and advisor to self-custody app Theya, released an incisive critique on the future of Ethereum in comparison to Bitcoin, shedding light on why he believes Ethereum is facing a “slow and painful death.” Published on X, his analysis titled “The Slow & Painful Death of Ethereum” compares…

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Ethereum Sees Major Outflow From Mega Whales – ETH Price Drops Below $2,600

Ethereum

The crypto market has been challenging, and Ethereum (ETH), the second-largest cryptocurrency, is no exception. Despite its dominant position, the token has faced significant headwinds in recent weeks, with its price showing no signs of a sustained recovery. Key Metrics Point To Continued Bearishness According to crypto analyst Ali Martinez, some of the largest Ethereum…

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